LyondellBasell Industries N.V.

LYB 10-K · FY 2025

LYB FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 30,153 33,394 -9.7%
Show Related Party Transaction breakouts
Nonrelated Party 29,581 32,760 -9.7%
Related Party 572 634 -9.8%
Cost of Revenue 27,576 28,750 -4.1%
Show Business Segments breakouts
APS 3,074 3,271 -6.0%
I&D 8,347 9,208 -9.4%
O&P - Americas 8,873 9,261 -4.2%
O&P - EAI 9,963 10,529 -5.4%
Other -2,961 -3,730 +20.6%
Technology 280 211 +32.7%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Commodity Contract 22 129 -82.9%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 8,534 12,669 -32.6%
Goodwill Impairment Loss 972
Show Business Segments breakouts
APS 572
O&P - EAI 400
Other Asset Impairment Charges 279 949 -70.6%
Selling, General & Administrative 1,610 1,642 -1.9%
Research & Development 136 135 +0.7%
Total Costs & Expenses 30,573 31,476 -2.9%
Show Related Party Transaction breakouts
Sales of products— · Equity Method Investee 3,442 3,899 -11.7%
Shared service agreements— · Equity Method Investee 38 40 -5.0%
Show Related Party Transactions By Related Party breakouts
Equity Method Investee 3,480 3,939 -11.7%
Operating Income -420 1,918 -121.9%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees -528 -170 -210.6%
Interest Expense -487 -481 -1.2%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Foreign Exchange Contract -36 35 -202.9%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Interest Rate Contract -4 -4 0.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees -53 -148 +64.2%
Interest Income 97 150 -35.3%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 24 26 -7.7%
Gain Loss On Sale Of Business -6 284 -102.1%
Show Business Segments breakouts
APS -6
Other Non-Operating Income (Expense) 113 47 +140.4%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment Net Prior Service Cost Credit · Reclassification Out Of Accumulated Other Comprehensive Income 3 3 0.0%
Accumulated Defined Benefit Plans Adjustment Net Unamortized Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 13 15 -13.3%
Curtailment gain · Reclassification Out Of Accumulated Other Comprehensive Income -3
Settlement gain · Reclassification Out Of Accumulated Other Comprehensive Income -1
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees -5 -3 -66.7%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments -703 1,918 -136.7%
Income Loss From Equity Method Investments -12 -217 +94.5%
Show Business Segments breakouts
I&D 3 -13 +123.1%
O&P - Americas 37 13 +184.6%
O&P - EAI -52 -217 +76.0%
Income Before Taxes -715 1,701 -142.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees -559 -312 -79.2%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income 74 120 -38.3%
Income Tax Expense (Benefit) 70 259 -73.0%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -4 -4 0.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -15 -25 +40.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 61 252 -75.8%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income -19 -29 +34.5%
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest -785 1,442 -154.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees -620 -564 -9.9%
Income Loss From Discontinued Operations Net Of Tax 47 -75 +162.7%
Show Disposal Group Classification breakouts
Discontinued Operations Disposed Of By Means Other Than Sale 47 -75 +162.7%
Net Income -738 1,367 -154.0%
Show Equity Components breakouts
Parent -738 1,367 -154.0%
Retained Earnings -738 1,367 -154.0%
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations -785 1,442 -154.4%
Segment Discontinued Operations 47 -75 +162.7%
Dividends Redeemable Non Controlling Interests Cash -7 -7 0.0%
Show Equity Components breakouts
Parent -7 -7 0.0%
Retained Earnings -7 -7 0.0%
Net Income Available To Company Shareholders -745 1,360 -154.8%
Income Loss From Continuing Operations Per Basic Share -2.48 4.4 -156.4%
Income Loss From Discontinued Operations Net Of Tax Per Basic Share 0.14 -0.24 +158.3%
EPS (Basic) -2.34 4.16 -156.2%
Income Loss From Continuing Operations Per Diluted Share -2.48 4.39 -156.5%
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share 0.14 -0.24 +158.3%
EPS (Diluted) -2.34 4.15 -156.4%
Revenue 30,153 33,394 -9.7%
Show Product Lines breakouts
Compounding and solutions 3,457 3,616 -4.4%
Intermediate chemicals 1,886 2,693 -30.0%
Olefins and co-products 4,184 5,061 -17.3%
Other 596 723 -17.6%
Oxyfuels and related products 4,828 5,074 -4.8%
Polyethylene 7,203 7,583 -5.0%
Polypropylene 5,849 6,287 -7.0%
Propylene oxide and derivatives 2,150 2,357 -8.8%
Show Business Segments breakouts
APS 3,457 3,616 -4.4%
APS · Intersegment Elimination 15 18 -16.7%
APS · Operating Segments 3,472 3,634 -4.5%
I&D 8,953 10,219 -12.4%
I&D · Intersegment Elimination 116 205 -43.4%
I&D · Operating Segments 9,069 10,424 -13.0%
O&P - Americas 7,669 8,791 -12.8%
O&P - Americas · Intersegment Elimination 2,132 2,742 -22.2%
O&P - Americas · Operating Segments 9,801 11,533 -15.0%
O&P - EAI 9,611 10,188 -5.7%
O&P - EAI · Intersegment Elimination 616 679 -9.3%
O&P - EAI · Operating Segments 10,227 10,867 -5.9%
Other · Intersegment Elimination -2,965 -3,735 +20.6%
Other · Operating Segments -2,965 -3,735 +20.6%
Technology 463 580 -20.2%
Technology · Intersegment Elimination 86 91 -5.5%
Technology · Operating Segments 549 671 -18.2%
Show Geography breakouts
CN 1,782 2,375 -25.0%
DE 2,202 2,410 -8.6%
FR 1,161 1,069 +8.6%
IT 1,321 1,418 -6.8%
JP 1,261 1,338 -5.8%
MX 1,557 1,729 -9.9%
NL 731 724 +1.0%
Other 8,289 8,821 -6.0%
PL 790 923 -14.4%
US 11,059 12,587 -12.1%
Show Consolidation Items breakouts
Operating Segments 30,153 33,394 -9.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 8,862 13,113 -32.4%
Show Related Party Transaction breakouts
Sales of products— · Equity Method Investee 572 634 -9.8%
Show Related Party Transactions By Related Party breakouts
Equity Method Investee 581 644 -9.8%
Gross Profit (FY)
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 328 444 -26.1%
Net Income (FY)
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 8 14 -42.9%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 47 77 -39.0%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income 55 91 -39.6%
Comprehensive Income -523 1,304 -140.1%
Wtd Avg Shares (Basic) (FY)
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 322 325 -0.9%
Segment Discontinued Operations 322 325 -0.9%
Wtd Avg Shares (Diluted) (FY)
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 322 326 -1.2%
Segment Discontinued Operations 322 326 -1.2%
Foreign Currency Transaction Gain Loss Before Tax 6 15 -60.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 3 -17 +117.6%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -444 226 -296.5%
Show Derivative Risk breakouts
Commodity Contract · Designated As Hedging Instrument -60
Foreign Exchange Contract · Designated As Hedging Instrument -384 206 -286.4%
Net Income Loss Available To Common Stockholders Basic (FY)
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations -799 1,429 -155.9%
Segment Discontinued Operations 47 -75 +162.7%
Other Expenses 1,633 1,618 +0.9%
Show Business Segments breakouts
APS 344 344 0.0%
I&D 256 222 +15.3%
O&P - Americas 464 459 +1.1%
O&P - EAI 412 440 -6.4%
Other 25 30 -16.7%
Technology 132 123 +7.3%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 3,443 3,375 +2.0%
Restricted Cash And Cash Equivalents At Carrying Value 6 13 -53.8%
Accounts Receivable (Q)
Show Related Party Transactions By Related Party breakouts
Nonrelated Party 2,362 3,121 -24.3%
Related Party 155 171 -9.4%
Inventory 3,533 4,658 -24.2%
Prepaid Expenses & Other Current Assets 612 928 -34.1%
Assets Of Disposal Group Including Discontinued Operation Current 757
Total Current Assets 10,868 12,266 -11.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 2,826 3,230 -12.5%
Marketable Securities (Current) 2,030 2,610 -22.2%
Non-Current Assets
Operating Lease Right-of-Use Assets 1,514 1,467 +3.2%
Property, Plant & Equipment 15,833 15,066 +5.1%
Show Business Segments breakouts
APS 607 655 -7.3%
I&D 6,123 5,670 +8.0%
O&P - Americas 6,775 6,592 +2.8%
O&P - EAI 1,642 1,553 +5.7%
Technology 686 596 +15.1%
Goodwill 708 1,561 -54.6%
Show Business Segments breakouts
I&D 225 209 +7.7%
O&P - Americas 475 472 +0.6%
Technology 8 8 0.0%
Other Non-Current Assets 667 688 -3.1%
Total Assets 34,003 35,746 -4.9%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 11,379 11,747 -3.1%
Intangible Assets 450 577 -22.0%
Show Finite Lived Intangible Assets By Major Class breakouts
Computer Software Intangible Asset 118 102 +15.7%
Customer Relationships 72 184 -60.9%
Emission allowances 215 219 -1.8%
Other Intangible Assets 45 72 -37.5%
Deferred Tax Assets 212 259 -18.1%
Other Assets
Equity Method Investments 3,963 4,121 -3.8%
Show Business Segments breakouts
APS 1 1 0.0%
I&D 346 377 -8.2%
O&P - Americas 1,958 2,011 -2.6%
O&P - EAI 1,658 1,732 -4.3%
Intangible Assets Net Excluding Goodwill 450 577 -22.0%
Current Liabilities
Long Term Debt And Capital Lease Obligations Current 588 498 +18.1%
Short Term Borrowings 226 119 +89.9%
Show Classification of financial instruments [Axis] breakouts
Non-derivatives · Fair Value Measurements Nonrecurring 226 119 +89.9%
Show Short Term Debt Type breakouts
Precious metal financings 226 119 +89.9%
Accounts Payable (Q)
Show Related Party Transactions By Related Party breakouts
Nonrelated Party 2,250 3,220 -30.1%
Related Party 444 512 -13.3%
Accrued Liabilities 1,956 2,356 -17.0%
Liabilities Of Disposal Group Including Discontinued Operation Current 665
Total Current Liabilities 6,129 6,705 -8.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Or Group Of Investees 1,549 1,637 -5.4%
Deferred Revenue (Current) 113 110 +2.7%
Non-Current Liabilities
Operating Lease Liabilities 1,327 1,419 -6.5%
Other Non-Current Liabilities 1,900 1,967 -3.4%
Deferred Tax Liabilities 2,316 2,535 -8.6%
Long-Term Debt (Q)
Show Classification of financial instruments [Axis] breakouts
Non-derivatives · Fair Value Measurements Nonrecurring 12,113 10,521 +15.1%
Other Liabilities
Long Term Debt And Capital Lease Obligations 12,124 10,532 +15.1%
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests 114 114 0.0%
Minority Interest 11 12 -8.3%
Stockholders' Equity
Common Stock 19 19 0.0%
Additional Paid-In Capital 6,148 6,150 -0.0%
Retained Earnings 6,812 9,325 -26.9%
Accumulated Other Comprehensive Income -1,310 -1,532 +14.5%
Treasury Stock Common Value -1,587 -1,500 -5.8%
Total Stockholders' Equity 10,082 12,462 -19.1%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 10,093 12,474 -19.1%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -236 -281 +16.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent -133 -111 -19.8%
Accumulated Other Comprehensive Income -1,310 -1,532 +14.5%
Accumulated Translation Adjustment -941 -1,140 +17.5%
Additional Paid In Capital 6,148 6,150 -0.0%
Common Stock 19 19 0.0%
Noncontrolling Interest 11 12 -8.3%
Parent 10,082 12,462 -19.1%
Retained Earnings 6,812 9,325 -26.9%
Treasury Stock Common -1,587 -1,500 -5.8%
Total Liabilities & Equity 34,003 35,746 -4.9%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation & Amortization 1,390 1,522 -8.7%
Asset Impairment Charges 1,251 949 +31.8%
Show Business Segments breakouts
APS 782 55 +1321.8%
O&P - Americas 9
O&P - EAI 460 892 -48.4%
Amortization Of Financing Costs And Discounts 11 11 0.0%
Stock-Based Compensation 91 91 0.0%
Equity Method Investment Dividends Or Distributions 92 122 -24.6%
Deferred Income Taxes And Tax Credits -156 -437 +64.3%
Gain Loss On Sales Of Assets And Asset Impairment Charges -112 -36 -211.1%
Change in Accounts Receivable 687 127 +440.9%
Change in Inventory 945 25 +3680.0%
Change in Accounts Payable -768 -122 -529.5%
Other Operating Activities Cash Flow Statement -449 267 -268.2%
Net Cash from Operations 2,262 3,819 -40.8%
Deferred Income Taxes -184 -406 +54.7%
Investing Activities
Capital Expenditures -1,878 -1,839 -2.1%
Proceeds From Divestiture Of Businesses 4 689 -99.4%
Proceeds From Sales Of Assets Investing Activities 131 68 +92.6%
Payments To Acquire Equity Method Investments -14 -551 +97.5%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Total PO Joint Ventures -4 -84 +95.2%
Proceeds From Hedge Investing Activities 902 967 -6.7%
Payments For Hedge Investing Activities -877 -921 +4.8%
Other Investing Activities -44 -266 +83.5%
Net Cash from Investing -1,776 -1,853 +4.2%
Financing Activities
Share Repurchases -201 -195 -3.1%
Payments Of Dividends Common Stock -1,764 -1,720 -2.6%
Proceeds From Issuance Of Long Term Debt 1,990 744 +167.5%
Debt Issuance Costs -18 -10 -80.0%
Repayments Of Long Term Debt -492 -776 +36.6%
Proceeds From Payments For Other Financing Activities -22 15 -246.7%
Net Cash from Financing -507 -1,895 +73.2%
Supplemental
Interest Paid 483 503 -4.0%
Income Taxes Paid 393 343 +14.6%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 82 -88 +193.2%
Net Change in Cash 61 -17 +458.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 3,449 3,388 +1.8%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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