LYB (LYB) financial statements
LYB reported revenue of $30.2B in fiscal 2025, up 0.6% a year over 9 years.
Net income was -$738M and the operating margin -1.4%, against 17.8% in 2016.
Free cash flow was $384M, and the company returned $1.8B in dividends and $201M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from LYB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.5B | $33.7B | $38.1B | $33.9B | $27.0B | $46.2B | $50.5B | $33.3B | $33.4B | $30.2B |
| Cost of revenue | $23.2B | $28.1B | $32.5B | $29.3B | $24.4B | $37.4B | $43.8B | $28.4B | $28.8B | $27.6B |
| Gross profit | $5.3B | $5.6B | $5.6B | $4.6B | $2.6B | $8.8B | $6.6B | $4.9B | $4.6B | $2.6B |
| Research and development | $99M | $106M | $115M | $111M | $113M | $124M | $124M | $130M | $135M | $136M |
| Selling, general and admin | $833M | $859M | $1.1B | $1.2B | $1.1B | $1.3B | $1.3B | $1.5B | $1.6B | $1.6B |
| Operating income | $5.1B | $5.5B | $5.2B | $4.1B | $1.6B | $6.8B | $5.1B | $2.7B | $1.9B | -$420M |
| Interest expense | $322M | $491M | $360M | $347M | $526M | $519M | $287M | $477M | $481M | $487M |
| Pre-tax income | $5.2B | $5.5B | $5.3B | $4.1B | $1.4B | $6.8B | $4.8B | $2.3B | $1.7B | -$715M |
| Income tax | $1.4B | $598M | $613M | $648M | -$43M | $1.2B | $882M | $433M | $259M | $70M |
| Net income | $3.8B | $4.9B | $4.7B | $3.4B | $1.4B | $5.6B | $3.9B | $2.1B | $1.4B | -$738M |
| EPS (diluted) | $9.13 | $12.23 | $12.01 | $9.58 | $4.24 | $16.75 | $11.81 | $6.46 | $4.15 | -$2.34 |
| Gross margin | 18.5% | 16.8% | 14.7% | 13.6% | 9.8% | 19.0% | 13.1% | 14.7% | 13.9% | 8.5% |
| Operating margin | 17.8% | 16.2% | 13.7% | 12.1% | 5.8% | 14.7% | 10.1% | 8.2% | 5.7% | -1.4% |
| Net margin | 13.5% | 14.5% | 12.3% | 10.0% | 5.3% | 12.2% | 7.7% | 6.4% | 4.1% | -2.4% |
Balance sheet
Fiscal years, from LYB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2.0B | $2.8B | $1.2B | $1.1B | $2.5B | $1.5B | $2.2B | $5.8B | $6.0B | $5.5B |
| Receivables | $2.7B | $3.4B | $3.4B | $3.0B | $3.3B | $4.6B | $3.4B | — | — | — |
| Inventory | $3.8B | $4.2B | $4.5B | $4.6B | $4.3B | $4.9B | $4.8B | $4.8B | $4.7B | $3.5B |
| Total current assets | $9.6B | $11.7B | $10.6B | $9.5B | $11.6B | $12.2B | $11.8B | $13.2B | $12.3B | $10.9B |
| Property, plant and equipment | $10.1B | $11.0B | $12.5B | $14.1B | $14.4B | $14.6B | $15.4B | $15.5B | $15.1B | $15.8B |
| Goodwill | $528M | $570M | $1.8B | $1.9B | $2.0B | $1.9B | $1.8B | $1.6B | $1.6B | $708M |
| Total assets | $23.4B | $26.2B | $28.3B | $30.4B | $35.4B | $36.7B | $36.4B | $37.0B | $35.7B | $34.0B |
| Total current liabilities | $4.5B | $4.8B | $5.5B | $5.2B | $5.5B | $7.2B | $6.8B | $7.2B | $6.7B | $6.1B |
| Long-term debt | $8.4B | $8.5B | $8.5B | $11.6B | $15.3B | $11.2B | $10.5B | $10.3B | $10.5B | $12.1B |
| Total liabilities | $17.4B | $17.3B | $18.0B | $22.4B | $27.4B | $24.9B | $23.7B | $24.1B | $23.3B | $23.9B |
| Shareholders' equity | $6.0B | $8.9B | $10.3B | $8.0B | $8.0B | $11.9B | $12.6B | $12.9B | $12.5B | $10.1B |
| Net debt | $7.5B | $7.0B | $8.2B | $10.8B | $13.5B | $9.8B | $8.4B | $6.9B | $7.2B | $8.7B |
Cash flow
Fiscal years, from LYB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.6B | $5.2B | $5.5B | $5.0B | $3.4B | $7.7B | $6.1B | $4.9B | $3.8B | $2.3B |
| Capital spending | $2.2B | $1.5B | $2.1B | $2.7B | $1.9B | $2.0B | $1.9B | $1.5B | $1.8B | $1.9B |
| Free cash flow | $3.4B | $3.7B | $3.4B | $2.3B | $1.5B | $5.7B | $4.2B | $3.4B | $2.0B | $384M |
| Stock-based compensation | $38M | $55M | $39M | $48M | $55M | $66M | $70M | $91M | $91M | $91M |
| Dividends paid | $1.4B | $1.4B | $1.6B | $1.5B | $1.4B | $1.5B | $3.2B | $1.6B | $1.7B | $1.8B |
| Share buybacks (net) | -$2.9B | -$866M | -$1.9B | -$3.8B | -$4M | -$463M | -$420M | -$211M | -$195M | -$201M |
| Net borrowing | $989M | -$503M | $416M | $1.5B | $3.7B | -$4.2B | -$4M | -$125M | -$32M | $1.5B |
| Free cash flow margin | 11.8% | 10.9% | 8.8% | 6.7% | 5.4% | 12.4% | 8.4% | 10.2% | 5.9% | 1.3% |
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Open LYB in InvestinglyQuestions
What was LYB's revenue in 2025?
$30.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does LYB generate?
$384M in fiscal 2025 (operating cash flow minus capital spending).
From LYB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.