LyondellBasell Industries (LYB) FY2024 results: revenue $33.4 billion, up 0.2% on the year
LyondellBasell Industries N.V. (LYB) reported revenue of $33.4 billion for fiscal 2024, the year ended 31 December 2024, up 0.2% on the year before. Net income was $1.4 billion, down 35.5%, and diluted earnings per share $4.15. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$33.4 billion
+0.2% on the year
FY2017FY2024
Operating margin
5.7%
8.2% a year earlier
FY2017FY2024
Net income
$1.4 billion
-35.5% on the year
FY2017FY2024
Diluted EPS
$4.15
-35.8% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
3,819
4,942
6,119
-22.7%
Capital expenditure
1,839
1,531
1,890
+20.1%
Free cash flow
1,980
3,411
4,229
-42.0%
Free cash flow margin
5.9%
10.2%
8.4%
Cash from investing
-1,853
-1,777
-1,977
Cash from financing
-1,895
-1,950
-3,407
Depreciation and amortisation
1,522
1,534
1,267
-0.8%
Share-based compensation
91.0
91.0
70.0
0.0%
Buybacks
195
211
420
-7.6%
Dividends paid
1,720
1,610
3,246
+6.8%
Dividend per share
$5.27
$4.94
$4.70
+6.7%
Shares outstanding at period end
324m
324m
326m
-0.2%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
12,462
12,930
12,615
-3.6%
Non-controlling interest
12.0
14.0
14.0
-14.3%
Redeemable equity
114
114
114
0.0%
Debt
11,149
11,232
11,321
-0.7%
Operating lease liabilities
1,419
1,409
1,510
+0.7%
Other liabilities
10,590
11,301
10,791
-6.3%
Total liabilities and equity
35,746
37,000
36,365
-3.4%
Fixed assets
15,066
15,547
15,387
-3.1%
Goodwill
1,561
1,647
1,827
-5.2%
Intangible assets
577
641
662
-10.0%
Investments
2,610
2,432
1,191
+7.3%
Cash and equivalents
3,375
3,390
2,151
-0.4%
Receivables
n/a
n/a
3,392
Inventory
4,658
4,765
4,804
-2.2%
Other assets
7,899
8,578
6,951
-7.9%
Total assets
35,746
37,000
36,365
-3.4%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.