LyondellBasell Industries NV (LYB) financial statements: income statement, balance sheet and cash flow

LyondellBasell Industries NV's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), LyondellBasell Industries NV reported revenue of $30.2B (-25.2% year on year) and net income of ($745.0M) (-154.8% year on year).

Income statement

LyondellBasell Industries NV income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Sales and other operating revenues:	$30.2B	$40.3B	$41.1B	$49.4B
Cost of sales	$27.6B	$35.7B	$35.8B	$43.8B
Goodwill impairments	$972.0M	—	—	—
Other impairments	$279.0M	—	—	—
Selling, general and administrative expenses	$1.6B	$1.7B	$1.6B	$1.3B
Research and development expenses	$136.0M	$135.0M	$130.0M	$124.0M
Operating costs and expenses	$30.6B	$38.5B	$38.1B	$45.4B
Operating income (loss)	($420.0M)	$1.8B	$3.1B	$5.1B
Interest expense	($487.0M)	($481.0M)	($477.0M)	($287.0M)
Interest income	$97.0M	$150.0M	$129.0M	$29.0M
Gain (loss) on sale of business	($6.0M)	$284.0M	—	—
Other income (expense), net	$113.0M	$50.0M	($58.0M)	($72.0M)
Income (loss) from continuing operations before equity investments and income taxes	($703.0M)	$1.8B	$2.6B	$4.8B
Loss from equity investments	($12.0M)	($217.0M)	—	—
Income (loss) from continuing operations before income taxes	($715.0M)	$1.6B	$2.6B	$4.8B
Provision for income taxes	$70.0M	$240.0M	$501.0M	$882.0M
Income (loss) from continuing operations	($785.0M)	$1.4B	$2.1B	$3.9B
Income (loss) from discontinued operations, net of tax	$47.0M	$4.0M	($5.0M)	($5.0M)
Net (loss) income	($738.0M)	$1.4B	$2.1B	$3.9B
Dividends on redeemable non-controlling interests	($7.0M)	($7.0M)	($7.0M)	($7.0M)
Net income (loss) attributable to the Company shareholders	($745.0M)	$1.4B	$2.1B	$3.9B
Basic (in dollars in per share)	-$2.34	$4.16	$6.48	$11.84
Continuing operations (in dollars per share)	-$2.48	$4.15	$6.50	$11.86
Discontinued operations (in dollars per share)	$0.14	$0.01	-$0.02	-$0.02
Diluted (in dollars per share)	-$2.34	$4.15	$6.46	$11.81

LyondellBasell Industries NV income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Sales and other operating revenues:	$9.2B	$7.2B	$7.7B	$7.7B
Cost of sales	$7.1B	$6.5B	$6.8B	$6.9B
Impairments	$74.0M	$15.0M	$230.0M	$32.0M
Selling, general and administrative expenses	$387.0M	$411.0M	$401.0M	$435.0M
Research and development expenses	$34.0M	$36.0M	$34.0M	$35.0M
Operating costs and expenses:	$7.6B	$7.0B	$8.5B	$7.4B
Operating income	$1.5B	$239.0M	($731.0M)	$285.0M
Interest expense	($138.0M)	($138.0M)	($130.0M)	($118.0M)
Interest income	$24.0M	$31.0M	$21.0M	$21.0M
Loss on sale of business	($734.0M)	—	($6.0M)	$0
Other income, net	$56.0M	$10.0M	($2.0M)	$29.0M
Income from continuing operations before equity investments and income taxes	$751.0M	$142.0M	($848.0M)	$217.0M
Income from equity investments	$57.0M	($5.0M)	($8.0M)	$7.0M
Income from continuing operations before income taxes	$808.0M	$137.0M	($856.0M)	$224.0M
Provision for income taxes	$236.0M	($2.0M)	($27.0M)	$69.0M
Income from continuing operations	$572.0M	$139.0M	($829.0M)	$155.0M
Income (loss) from discontinued operations, net of tax	($13.0M)	($14.0M)	($61.0M)	($40.0M)
Net income	$559.0M	$125.0M	($890.0M)	$115.0M
Dividends on redeemable non-controlling interests	($1.0M)	($2.0M)	($2.0M)	($1.0M)
Net income attributable to the Company shareholders	$558.0M	$123.0M	—	$114.0M
Basic (in dollars per share)	$1.71	$0.38	-$2.77	$0.34
Continuing operations (in dollars per share)	$1.75	$0.42	-$2.58	$0.47
Discontinued operations (in dollars per share)	-$0.04	-$0.04	-$0.19	-$0.13
Diluted (in dollars per share)	$1.71	$0.38	-$2.77	$0.34

Balance sheet

LyondellBasell Industries NV balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$3.4B	$3.4B	$3.4B	$2.2B
Restricted cash	$6.0M	$13.0M	$15.0M	$5.0M
Accounts receivable:	$2.5B	$3.3B	$3.5B	$3.4B
Inventories	$3.5B	$4.7B	$4.8B	$4.8B
Prepaid expenses and other current assets	$612.0M	$928.0M	$1.5B	$1.3B
Assets held for sale	$757.0M	—	—	—
Total current assets	$10.9B	$12.3B	$13.2B	$11.8B
Operating lease assets	$1.5B	$1.5B	$1.5B	$1.7B
Property, plant and equipment, net	$15.8B	$15.1B	$15.5B	$15.4B
Equity investments	$4.0B	$4.1B	$3.9B	$4.3B
Goodwill	$708.0M	$1.6B	$1.6B	$1.8B
Intangible assets, net	$450.0M	$577.0M	$641.0M	$662.0M
Other assets	$667.0M	$688.0M	$577.0M	$624.0M
Total assets	$34.0B	$35.7B	$37.0B	$36.4B
Current maturities of long-term debt	$588.0M	$498.0M	$782.0M	$432.0M
Short-term debt	$226.0M	$119.0M	$117.0M	$349.0M
Accounts payable:	$2.7B	$3.7B	$3.8B	—
Accrued and other current liabilities	$2.0B	$2.4B	$2.4B	$2.4B
Liabilities held for sale	$665.0M	—	—	—
Total current liabilities	$6.1B	$6.7B	$7.2B	$6.8B
Long-term debt	$12.1B	$10.5B	$10.3B	$10.5B
Operating lease liabilities	$1.3B	$1.4B	$1.4B	$1.5B
Other liabilities	$1.9B	$2.0B	$2.2B	$2.0B
Deferred income taxes	$2.3B	$2.5B	$2.9B	$2.9B
Redeemable non-controlling interests	$114.0M	$114.0M	$114.0M	$114.0M
Ordinary shares, €0.04 par value, 1,275 million shares authorized, 322,084,769 and 323,889,832 shares outstanding, respectively	19.0M	—	—	19.0M
Additional paid-in capital	$6.1B	$6.2B	$6.1B	$6.1B
Retained earnings	$6.8B	$9.3B	$9.7B	$9.2B
Accumulated other comprehensive loss	($1.3B)	($1.5B)	($1.5B)	($1.4B)
Treasury stock, at cost, 18,337,729 and 16,532,666 ordinary shares, respectively	-1.6B	-1.5B	-1.4B	—
Total Company share of shareholders’ equity	$10.1B	$12.5B	$12.9B	$12.6B
Non-controlling interests	$11.0M	$12.0M	$14.0M	$14.0M
Total equity	$10.1B	$12.5B	$12.9B	$12.6B
Total liabilities, redeemable non-controlling interests and equity	$34.0B	$35.7B	$37.0B	$36.4B

LyondellBasell Industries NV balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$2.6B	$2.6B	$1.8B	$1.7B
Restricted cash	$10.0M	$4.0M	$17.0M	$4.0M
Accounts receivable:	$4.0B	$3.3B	$3.0B	$3.2B
Inventories	$4.1B	$3.6B	$4.4B	$4.6B
Prepaid expenses and other current assets	$978.0M	$777.0M	$723.0M	$767.0M
Assets held for sale	$0	$749.0M	$802.0M	$832.0M
Total current assets	$11.7B	$11.1B	$10.8B	$11.1B
Operating lease assets	$1.5B	$1.5B	$1.5B	$1.5B
Property, plant and equipment	$26.0B	$25.9B	$25.5B	$25.6B
Less: Accumulated depreciation	($10.3B)	($10.2B)	($9.8B)	($9.9B)
Property, plant and equipment, net	$15.7B	$15.7B	$15.7B	$15.7B
Equity investments	$3.9B	$3.9B	$4.0B	$4.1B
Goodwill	$705.0M	$705.0M	$708.0M	$1.7B
Intangible assets, net	$394.0M	$417.0M	$453.0M	$572.0M
Other assets	$658.0M	$639.0M	$657.0M	$714.0M
Total assets	$34.5B	$34.0B	$33.8B	$35.4B
Current maturities of long-term debt	$1.5B	$1.5B	$1.1B	$495.0M
Short-term debt	$234.0M	$226.0M	$137.0M	$119.0M
Accounts payable:	$3.2B	$2.9B	$2.9B	$3.1B
Accrued and other current liabilities	$2.2B	$1.9B	$2.1B	$1.9B
Liabilities held for sale	$0	$692.0M	$618.0M	$567.0M
Total current liabilities	$7.1B	$7.2B	$6.9B	$6.2B
Long-term debt	$11.2B	$11.2B	$10.6B	$11.2B
Operating lease liabilities	$1.3B	$1.3B	$1.4B	$1.4B
Other liabilities	$1.7B	$1.7B	$1.9B	$1.9B
Deferred income taxes	$2.4B	$2.3B	$2.3B	$2.5B
Redeemable non-controlling interests	$114.0M	$114.0M	$114.0M	$114.0M
Ordinary shares, €0.04 par value, 1,275 million shares authorized, 323,004,034 and 322,084,769 shares outstanding, respectively	19.0M	19.0M	19.0M	19.0M
Additional paid-in capital	$6.1B	$6.1B	$6.1B	$6.1B
Retained earnings	$7.0B	$6.7B	$7.4B	$8.7B
Accumulated other comprehensive loss	($1.0B)	($1.3B)	($1.4B)	($1.4B)
Treasury stock, at cost, 17,418,464 and 18,337,729 ordinary shares, respectively	-1.5B	-1.5B	-1.6B	-1.6B
Total Company share of shareholders’ equity	$10.7B	$10.0B	$10.6B	$11.9B
Non-controlling interests	$9.0M	$11.0M	$11.0M	$12.0M
Total equity	$10.7B	$10.1B	$10.6B	$11.9B
Total liabilities, redeemable non-controlling interests and equity	$34.5B	$34.0B	$33.8B	$35.4B

Cash flow statement

LyondellBasell Industries NV cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	($738.0M)	$1.4B	$2.1B	$3.9B
Depreciation and amortization	$1.4B	$1.5B	$1.5B	$1.3B
Impairments	$1.3B	$949.0M	$518.0M	$69.0M
Amortization of debt-related costs	$11.0M	$11.0M	$9.0M	$14.0M
Share-based compensation	$91.0M	$91.0M	$91.0M	$70.0M
Equity loss	$12.0M	—	—	—
Distributions of earnings, net of tax	$92.0M	$122.0M	$169.0M	$349.0M
Deferred income tax provision (benefit)	($156.0M)	($437.0M)	$43.0M	$369.0M
(Gain) loss on sale of business	$6.0M	($284.0M)	—	—
Gain on sale of assets	($112.0M)	—	—	—
Accounts receivable	$687.0M	$127.0M	$110.0M	$1.0B
Inventories	$945.0M	$25.0M	$18.0M	($91.0M)
Accounts payable	($768.0M)	($122.0M)	$141.0M	($464.0M)
Other, net	($449.0M)	$231.0M	$168.0M	($353.0M)
Net cash provided by operating activities	$2.3B	$3.8B	$4.9B	$6.1B
Expenditures for property, plant and equipment	($1.9B)	($1.8B)	($1.5B)	($1.9B)
Proceeds from sale of business	$4.0M	$689.0M	—	—
Proceeds from sale of assets	$131.0M	—	—	—
Payment for acquisition of equity method investments	($14.0M)	($551.0M)	—	—
Proceeds from settlement of net investment hedges	$902.0M	$967.0M	$903.0M	$614.0M
Payments for settlement of net investment hedges	($877.0M)	($921.0M)	($820.0M)	($501.0M)
Other, net	($44.0M)	($198.0M)	($329.0M)	($204.0M)
Net cash used in investing activities	($1.8B)	($1.9B)	($1.8B)	($2.0B)
Repurchases of Company ordinary shares	-201.0M	-195.0M	-211.0M	-420.0M
Dividends paid - common stock	($1.8B)	($1.7B)	($1.6B)	($3.2B)
Issuance of long-term debt	$2.0B	$744.0M	$500.0M	$0
Payments of debt issuance costs	($18.0M)	($10.0M)	($5.0M)	$0
Repayments of long-term debt	($492.0M)	($776.0M)	($425.0M)	$0
Net repayments of commercial paper	$0	$0	($200.0M)	($4.0M)
Proceeds from settlement of cash flow hedges	$0	$882.0M	$0	$0
Payments for settlement of cash flow hedges	$0	($835.0M)	$0	$0
Other, net	($22.0M)	$15.0M	$1.0M	$25.0M
Net cash used in financing activities	($507.0M)	($1.9B)	($1.9B)	($3.4B)
Effect of exchange rate changes on cash	$82.0M	($88.0M)	$34.0M	($56.0M)
Increase (decrease) in cash and cash equivalents and restricted cash	$61.0M	($17.0M)	$1.2B	$679.0M
Cash and cash equivalents and restricted cash at beginning of period	$3.4B	$3.4B	$2.2B	$1.5B
Cash and cash equivalents and restricted cash at end of period	$3.4B	$3.4B	$3.4B	$2.2B
Interest paid, net of capitalized interest	$483.0M	$503.0M	$487.0M	$297.0M
Net income taxes paid	$393.0M	$343.0M	$465.0M	$746.0M

LyondellBasell Industries NV cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$684.0M	$125.0M	($598.0M)	$292.0M
Depreciation and amortization	$689.0M	$342.0M	$1.0B	$655.0M
Impairments	$89.0M	$15.0M	$1.2B	$32.0M
Amortization of debt-related costs	$6.0M	$3.0M	$8.0M	$5.0M
Share-based compensation	$66.0M	$47.0M	$70.0M	$55.0M
Equity income	($52.0M)	$5.0M	$0	($8.0M)
Deferred income tax benefit	($48.0M)	$20.0M	($193.0M)	($30.0M)
Distributions of earnings, net of tax	$13.0M	—	$30.0M	$18.0M
Loss on sale of business	$734.0M	—	$6.0M	$0
Accounts receivable	($1.7B)	($797.0M)	$131.0M	($81.0M)
Inventories	($521.0M)	($96.0M)	$64.0M	($85.0M)
Accounts payable	$721.0M	$291.0M	($583.0M)	($433.0M)
Other, net	($206.0M)	($224.0M)	($419.0M)	($648.0M)
Net cash provided by (used in) operating activities	$483.0M	($269.0M)	$755.0M	($228.0M)
Expenditures for property, plant and equipment	($539.0M)	($269.0M)	($1.4B)	($1.0B)
Cash contribution to disposed businesses	($310.0M)	—	—	—
Proceeds from settlement of net investment hedges	$0	$0	$902.0M	$284.0M
Payments for settlement of net investment hedges	$0	—	($877.0M)	($234.0M)
Other, net	$55.0M	($10.0M)	$37.0M	$46.0M
Net cash used in investing activities	($794.0M)	($279.0M)	($1.4B)	($934.0M)
Repurchases of Company ordinary shares	0	0	-201.0M	-201.0M
Dividends paid - common stock	($448.0M)	($224.0M)	($1.3B)	($878.0M)
Issuance of long-term debt	$0	—	$499.0M	$499.0M
Payments of debt issuance costs	$0	—	($5.0M)	($5.0M)
Other, net	($21.0M)	($12.0M)	($18.0M)	($13.0M)
Net cash used in financing activities	($469.0M)	($236.0M)	($1.0B)	($598.0M)
Effect of exchange rate changes on cash	($29.0M)	($26.0M)	$77.0M	$76.0M
Decrease in cash and cash equivalents and restricted cash	($809.0M)	($810.0M)	($1.6B)	($1.7B)
Cash and cash equivalents and restricted cash at beginning of period	$3.4B	$3.4B	$3.4B	$3.4B
Cash and cash equivalents and restricted cash at end of period	$2.6B	$2.6B	$1.8B	$1.7B

LyondellBasell Industries NV score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.