LyondellBasell Industries N.V.

LYB 10-Q · Q2 2025

LYB Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 7,658 8,678 -11.8%
Show Related Party Transaction breakouts
Nonrelated Party 7,503 8,518 -11.9%
Related Party 155 160 -3.1%
Cost of Revenue 6,871 7,244 -5.1%
Show Business Segments breakouts
APS 807 844 -4.4%
I&D 2,048 2,344 -12.6%
O&P- Americas 2,108 2,297 -8.2%
O&P- EAI 2,575 2,693 -4.4%
Other -749 -991 +24.4%
Technology 82 57 +43.9%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Commodity Contract 4 35 -88.6%
Asset Impairment Charges 32
Show Business Segments breakouts
O&P- EAI 32
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 32
Selling, General & Administrative 435 402 +8.2%
Research & Development 35 33 +6.1%
Total Costs & Expenses 7,373 7,679 -4.0%
Operating Income 285 999 -71.5%
Interest Expense -118 -120 +1.7%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Foreign Exchange Contract -24 -1 -2300.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Interest Rate Contract -1 -1 0.0%
Interest Income 21 37 -43.2%
Other Non-Operating Income (Expense) 29 9 +222.2%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment Net Prior Service Cost Credit · Reclassification Out Of Accumulated Other Comprehensive Income 1
Accumulated Defined Benefit Plans Adjustment Net Unamortized Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 3 4 -25.0%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 217 1,218 -82.2%
Income Loss From Equity Method Investments 7 -19 +136.8%
Show Business Segments breakouts
O&P- Americas 4 -1 +500.0%
O&P- EAI 3 -16 +118.8%
Income Before Taxes 224 1,199 -81.3%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income 33 42 -21.4%
Income Tax Expense (Benefit) 69 253 -72.7%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 2
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 7 11 -36.4%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income 9 11 -18.2%
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest 155 946 -83.6%
Income Loss From Discontinued Operations Net Of Tax -40 -22 -81.8%
Show Disposal Group Classification breakouts
Discontinued Operations Disposed Of By Means Other Than Sale -40 -22 -81.8%
Net Income 115 924 -87.6%
Show Equity Components breakouts
Parent 115 924 -87.6%
Retained Earnings 115 924 -87.6%
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 155 946 -83.6%
Segment Discontinued Operations -40 -22 -81.8%
Dividends Redeemable Non Controlling Interests Cash -1 -1 0.0%
Show Equity Components breakouts
Parent -1 -1 0.0%
Retained Earnings -1 -1 0.0%
Net Income Availableto Company Shareholders 114 923 -87.6%
Income Loss From Continuing Operations Per Basic Share 0.47 2.89 -83.7%
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 0.47 2.89 -83.7%
Income Loss From Discontinued Operations Net Of Tax Per Basic Share -0.13 -0.07 -85.7%
Show Statement Operating Activities Segment breakouts
Segment Discontinued Operations -0.13 -0.07 -85.7%
EPS (Basic) 0.34 2.82 -87.9%
Income Loss From Continuing Operations Per Diluted Share 0.47 2.88 -83.7%
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 0.47 2.88 -83.7%
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share -0.13 -0.06 -116.7%
Show Statement Operating Activities Segment breakouts
Segment Discontinued Operations -0.13 -0.06 -116.7%
EPS (Diluted) 0.34 2.82 -87.9%
Revenue 7,658 8,678 -11.8%
Show Product Lines breakouts
Compounding and solutions 913 943 -3.2%
Intermediate chemicals 511 667 -23.4%
Olefins and co-products 933 1,317 -29.2%
Other 147 171 -14.0%
Oxyfuels and related products 1,151 1,431 -19.6%
Polyethylene 1,882 1,942 -3.1%
Polypropylene 1,565 1,577 -0.8%
Propylene oxide and derivatives 556 630 -11.7%
Show Business Segments breakouts
APS 913 943 -3.2%
APS · Intersegment Elimination 4 5 -20.0%
APS · Operating Segments 917 948 -3.3%
I&D 2,244 2,751 -18.4%
I&D · Intersegment Elimination 31 44 -29.5%
I&D · Operating Segments 2,275 2,795 -18.6%
O&P- Americas 1,851 2,188 -15.4%
O&P- Americas · Intersegment Elimination 526 738 -28.7%
O&P- Americas · Operating Segments 2,377 2,926 -18.8%
O&P- EAI 2,537 2,659 -4.6%
O&P- EAI · Intersegment Elimination 167 183 -8.7%
O&P- EAI · Operating Segments 2,704 2,842 -4.9%
Other · Intersegment Elimination -752 -992 +24.2%
Other · Operating Segments -752 -992 +24.2%
Technology 113 137 -17.5%
Technology · Intersegment Elimination 24 22 +9.1%
Technology · Operating Segments 137 159 -13.8%
Show Geography breakouts
CN 480 535 -10.3%
DE 557 663 -16.0%
FR 298 301 -1.0%
IT 359 393 -8.7%
JP 286 360 -20.6%
MX 400 432 -7.4%
NL 228 214 +6.5%
Other 2,186 2,356 -7.2%
PL 210 247 -15.0%
US 2,654 3,177 -16.5%
Show Consolidation Items breakouts
Operating Segments 7,658 8,678 -11.8%
Net Income (Q)
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 2 4 -50.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 22 27 -18.5%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income 24 31 -22.6%
Comprehensive Income 208 932 -77.7%
Wtd Avg Shares (Basic) (Q)
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 322 325 -0.9%
Segment Discontinued Operations 322 325 -0.9%
Wtd Avg Shares (Diluted) (Q)
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 322 326 -1.2%
Segment Discontinued Operations 322 326 -1.2%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -322 55 -685.5%
Show Derivative Risk breakouts
Commodity Contract · Designated As Hedging Instrument -49 31 -258.1%
Foreign Exchange Contract · Designated As Hedging Instrument -273 25 -1192.0%
Net Income Loss Available To Common Stockholders Basic (Q)
Show Statement Operating Activities Segment breakouts
Segment Continuing Operations 151 940 -83.9%
Segment Discontinued Operations -40 -22 -81.8%
Other Expenses 441 398 +10.8%
Show Business Segments breakouts
APS 98 86 +14.0%
I&D 40 51 -21.6%
O&P- Americas 124 110 +12.7%
O&P- EAI 136 117 +16.2%
Other 10 6 +66.7%
Technology 33 28 +17.9%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 1,700 2,839 -40.1%
Restricted Cash And Cash Equivalents At Carrying Value 4 25 -84.0%
Accounts Receivable (Q)
Show Related Party Transactions By Related Party breakouts
Nonrelated Party 3,083 3,855 -20.0%
Related Party 122 207 -41.1%
Inventory 4,568 5,073 -10.0%
Prepaid Expenses & Other Current Assets 767 912 -15.9%
Assets Of Disposal Group Including Discontinued Operation Current 832
Total Current Assets 11,076 12,911 -14.2%
Marketable Securities (Current) 820 1,876 -56.3%
Non-Current Assets
Operating Lease Right-of-Use Assets 1,506 1,460 +3.2%
Property, Plant & Equipment 15,727 15,574 +1.0%
Goodwill 1,677 1,603 +4.6%
Other Non-Current Assets 714 611 +16.9%
Total Assets 35,352 37,064 -4.6%
Other Assets
Property Plant And Equipment Gross 25,588 25,082 +2.0%
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment -9,861 -9,508 -3.7%
Equity Method Investments 4,080 4,290 -4.9%
Intangible Assets Net Excluding Goodwill 572 615 -7.0%
Current Liabilities
Long Term Debt And Capital Lease Obligations Current 495 7 +6971.4%
Short Term Borrowings 119 166 -28.3%
Show Classification of financial instruments [Axis] breakouts
Non-derivatives: · Fair Value Measurements Nonrecurring 119 165 -27.9%
Show Short Term Debt Type breakouts
Precious metal financings 119 165 -27.9%
Accounts Payable Trade Current (Q)
Show Related Party Transactions By Related Party breakouts
Nonrelated Party 2,630 3,557 -26.1%
Related Party 483 517 -6.6%
Accrued Liabilities 1,950 1,900 +2.6%
Liabilities Of Disposal Group Including Discontinued Operation Current 567
Total Current Liabilities 6,244 6,147 +1.6%
Non-Current Liabilities
Operating Lease Liabilities 1,407 1,363 +3.2%
Other Non-Current Liabilities 1,919 2,113 -9.2%
Deferred Tax Liabilities 2,536 2,847 -10.9%
Long-Term Debt (Q)
Show Classification of financial instruments [Axis] breakouts
Non-derivatives: · Fair Value Measurements Nonrecurring 11,199 11,004 +1.8%
Other Liabilities
Long Term Debt And Capital Lease Obligations 11,211 11,017 +1.8%
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests 114 114 0.0%
Minority Interest 12 14 -14.3%
Stockholders' Equity
Common Stock 19 19 0.0%
Additional Paid-In Capital 6,139 6,122 +0.3%
Retained Earnings 8,732 10,233 -14.7%
Accumulated Other Comprehensive Income -1,353 -1,523 +11.2%
Treasury Stock Common Value -1,628 -1,402 -16.1%
Total Stockholders' Equity 11,909
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 11,921
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -285 -272 -4.8%
Accumulated Gain Loss Net Cash Flow Hedge Parent -117 -176 +33.5%
Accumulated Other Comprehensive Income -1,353 -1,523 +11.2%
Accumulated Translation Adjustment -951 -1,075 +11.5%
Additional Paid In Capital 6,139 6,122 +0.3%
Common Stock 19 19 0.0%
Noncontrolling Interest 12 14 -14.3%
Parent 11,909 13,449 -11.5%
Retained Earnings 8,732 10,233 -14.7%
Treasury Stock Common -1,628 -1,402 -16.1%
Total Liabilities & Equity 35,352 37,064 -4.6%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 655 752 -12.9%
Amortization Of Financing Costs And Discounts 5 5 0.0%
Stock-Based Compensation 55 53 +3.8%
Equity Method Investment Dividends Or Distributions 18 40 -55.0%
Deferred Income Taxes And Tax Credits -30 -55 +45.5%
Change in Accounts Receivable -81 -604 +86.6%
Change in Inventory -85 -335 +74.6%
Change in Accounts Payable -433 373 -216.1%
Other Operating Activities Cash Flow Statement -648 -145 -346.9%
Net Cash from Operations -228 1,234 -118.5%
Investing Activities
Capital Expenditures -1,022 -967 -5.7%
Payments To Acquire Equity Method Investments -8 -512 +98.4%
Proceeds From Hedge Investing Activities 284
Payments For Hedge Investing Activities -234
Other Investing Activities 46 -44 +204.5%
Net Cash from Investing -934 -823 -13.5%
Financing Activities
Share Repurchases -201 -75 -168.0%
Payments Of Dividends Common Stock -878 -846 -3.8%
Proceeds From Issuance Of Long Term Debt 499 744 -32.9%
Debt Issuance Costs -5 -7 +28.6%
Proceeds From Payments For Other Financing Activities -13 19 -168.4%
Net Cash from Financing -598 -893 +33.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 76 -59 +228.8%
Net Change in Cash -1,684 -541 -211.3%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,704 2,864 -40.5%

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

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