LyondellBasell Industries N.V.
LyondellBasell Industries N.V. operates as a global producer of commodity and specialty chemicals, generating revenue through the sale of trade and related-party chemical products.
Business. LyondellBasell Industries N.V. operates as a global producer of commodity and specialty chemicals, generating revenue through the sale of trade and related-party chemical products.
Analyst recommendations
21 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressJulie Johnson — LyondellBasell Industries NV2025-09-25 · Democrat · TX · Sale · $1,001 - $15,000
- CongressLisa McClain — LyondellBasell Industries NV2025-06-24 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — LyondellBasell Industries NV2025-06-09 · Republican · MI · Purchase · $1,001 - $15,000
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
LyondellBasell Industries N.V. operates as a global producer of commodity and specialty chemicals, generating revenue through the sale of trade and related-party chemical products.
LyondellBasell maintains a leveraged capital structure with a debt-to-equity ratio of 1.07 and a current ratio of 1.64. The balance sheet reflects total assets of $34.48 billion against total equity of $10.67 billion, with long-term debt standing at $11.22 billion and short-term debt at $234 million. Cash and equivalents total $2.63 billion, resulting in a net cash position that is negative after subtracting total debt. Liquidity risk is assessed as medium, driven by the significant debt load and the absence of diluted share count data which prevents a full dilution risk assessment.
Profitability metrics show an operating income of $1.78 billion on revenue of $16.37 billion for the six months ended June 30, 2026, representing a significant improvement from the $399 million operating income in the same period of 2025. Net income attributable to shareholders rose to $681 million from $289 million year-over-year. The company’s EV/EBITDA multiple stands at 10.55, while EV/Revenue is 1.59. Operating cash flow for the six-month period was $483 million, compared to a negative $228 million in the prior year, though free cash flow remained slightly negative at -$56 million due to capital expenditures of $539 million.
- Operating income surged to $1.78 billion in H1 2026, up from $399 million in H1 2025, driven by improved margins and lower cost of sales.
- Free cash flow remains negative at -$56 million for the six-month period, constrained by $539 million in capital expenditures.
- The company carries a high debt load with a debt-to-equity ratio of 1.07 and a net cash position that is negative after debt subtraction.
- Revenue grew 6.8% year-over-year to $16.37 billion, with trade sales comprising the vast majority of total revenue.
- Analysts maintain a neutral-to-positive outlook with a median price target of $65.00, implying 12.5% upside from current levels.
- Significant operational and geopolitical risks persist, including exposure to commodity price volatility and global supply chain disruptions.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue $16.37B; Operating income $1.78B.
- ▍Revenue $16.37B
- ▍Operating income $1.78B
- ▍Operating margin 10.9%
Revenue $7.20B; Operating income $239.0M.
- ▍Revenue $7.20B
- ▍Operating income $239.0M
- ▍Operating margin 3.3%
Revenue $30.15B; Operating income -$420.0M.
- ▍Revenue $30.15B
- ▍Operating income -$420.0M
- ▍Operating margin -1.4%
Revenue $40.30B; Operating income $1.82B.
- ▍Revenue $40.30B
- ▍Operating income $1.82B
- ▍Operating margin 4.5%
Revenue $33.39B; Operating income $1.92B.
- ▍Revenue $33.39B
- ▍Operating income $1.92B
- ▍Operating margin 5.7%
Revenue $41.11B; Operating income $3.05B.
- ▍Revenue $41.11B
- ▍Operating income $3.05B
- ▍Operating margin 7.4%
Revenue $41.11B; Operating income $3.05B.
- ▍Revenue $41.11B
- ▍Operating income $3.05B
- ▍Operating margin 7.4%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
55 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Basell Polyolefine power station | Power | Power | Germany | Registered owner |
| Basell Polyolefine power station | Power | Oil & Gas | Germany | Registered owner |
| Houston (Houston Refining LP) | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - ARU (Orthoxylene/Paraxylene/Isom 1&2) Unit 940 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit (50 Ton) 431B | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit 431A | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit 436 B | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit 436 B | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit 436A | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit 436A | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit 441 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Amine Unit 441 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - BTU Benzene/Toluene/Depentanizer Unit 734 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Boiler House | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Crude 533 Lube Oil | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Delayed Coker 736 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Depentanizer Unit 534 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Depropanizer No.2 Unit 233 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - FCCU 732 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Gasoline Desulfurizer (SCANfiner)HDS Unit 637 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - HDS - ULSD Unit 631 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - HDS 633 Diesel (ULSD) | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - HDS 636 Cat Feed/VGO Hydrotreater | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - HT 630 Kerosene | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Hydrofinisher 533 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - LPG (Mitigation) Unit 231 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - LPG (Mitigation) Unit 231 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Merox UNIT 235 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Merox UNIT 235 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Pale Oil Hydrotreater | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Reformer 733 Unifiner LEF | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - SF Alkylation Unit | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - SRU 433 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - SRU 440 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - SRU 440 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - SRU Claus Unit 439 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - SRU/Claus Unit 434 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - SRU/Claus Unit 434 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Solid Waste Disposal | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Sour Water Stripper Unit 437 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Sour Water Stripper Unit 442 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Still 536 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Still 536 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Still 537 (Heavy Crude) | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Still 537 (Heavy Crude) | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Tail Gas Unit 435 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Tail Gas Unit 435 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Udex | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Udex | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Vacuum 536 | Refinery | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Vacuum 536 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Vacuum/Crude 537 | Renewable | Oil / Oil Products | Texas | Operating company |
| Houston (Houston Refining LP) - Vacuum/Crude 537 | Refinery | Oil / Oil Products | Texas | Operating company |
| LyondellBasell Cologne Chemical Complex | Chemical plant | Chemicals | Germany | Registered owner |
| LyondellBasell Münchsmünster Chemical Complex | Chemical plant | Chemicals | Germany | Registered owner |
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Operating Incomeenterprise_value / operating_income
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- LyondellBasell Industries N.V. company facts · 2026-08-01
- LyondellBasell Industries N.V. 10-Q 2026-07-31 · 2026-08-01
- LyondellBasell Industries N.V. 10-Q 2026-05-01 · 2026-08-01
- LyondellBasell Industries N.V. 10-K 2026-02-20 · 2026-08-01
- LyondellBasell Industries N.V. 10-Q 2025-10-31 · 2026-08-01
- 8-K (sec_8k_material) on LYB · 2026-08-01
- Lyondellbasell Industries N.v Market data — analyst estimates · 2026-08-01
- Lyondellbasell Industries N.v Market data — ESG · 2026-08-01
- LyondellBasell Industries NV — company reference export (2026-07-05) · 2026-08-01
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,04 %$563M
- Institutional Investor · as of 2026-03-310,03 %$149M
- Institutional Investor · as of 2026-03-310,01 %$39M
Insider activity
- Director · Class A Ordinary SharesOther 561 · 2026-06-30
- Director · Class A Ordinary SharesOther 100 @ $52,65$5K · 2026-06-30
- Director · Class A Ordinary SharesOther 615 · 2026-06-30
- Director · Class A Ordinary SharesOther 73 @ $52,65$4K · 2026-06-30
- Director · Class A Ordinary SharesOther 565 @ $69,72$39K · 2026-05-22
- Director · Class A Ordinary SharesOther 540 @ $69,72$38K · 2026-05-22
- Director · Class A Ordinary SharesOther 1 247 @ $69,72$87K · 2026-05-22
- Director · Class A Ordinary SharesOther 1 410 @ $69,72$98K · 2026-05-22
- Director · Class A Ordinary SharesOther 575 @ $69,72$40K · 2026-05-22
- Director · Class A Ordinary SharesOther 708 @ $69,72$49K · 2026-05-22
- Director · Class A Ordinary SharesOther 540 @ $69,72$38K · 2026-05-22
- Director · Class A Ordinary SharesOther 593 @ $69,72$41K · 2026-05-22
- Director · Class A Ordinary SharesOther 521 @ $69,72$36K · 2026-05-22
- Director · Class A Ordinary SharesOther 639 @ $69,72$45K · 2026-05-22
- Director · Class A Ordinary SharesOther 689 @ $69,72$48K · 2026-05-22
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 2 321 · 2026-05-21
- Director · Class A Ordinary SharesOther 4 437 · 2026-05-21
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Current ratio (FY 2025-12-31): 1.77xDerived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 0.7%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -9.7%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -121.9%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 2.1%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -154.0%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -40.8%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -156.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 2.0%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -156.4%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -4.1%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -4.9%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -19.1%Derived (calculated)
- Net margin (FY 2025-12-31): -2.4%Derived (calculated)
- Return on equity (FY 2025-12-31): -7.3%Derived (calculated)
- Return on assets (FY 2025-12-31): -2.2%Derived (calculated)
- Capex (annual): USD 1.88BSEC XBRL filing
- Cash & equivalents (annual): USD 3.44BSEC XBRL filing
- Net income (annual): USD -738MSEC XBRL filing
- Pre-tax income (annual): USD -715MSEC XBRL filing
- Cost of revenue (annual): USD 27.58BSEC XBRL filing
- Revenue (annual): USD 30.15BSEC XBRL filing
- Current assets (annual): USD 10.87BSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -2SEC XBRL filing