Want to see LYB full AI Analyst Report?
Top Page
LyondellBasell
(NYSE:LYB)
Select Model
Select Model
Rating:61Neutral
Price Target:
$65.00
â–²(7.76% Upside)
Action:Reiterated
Date:08/01/26
LYB scores in the low-60s primarily because TTM profitability has deteriorated into a net loss and revenue has fallen meaningfully, offset by strong recent cash flow generation and a supportive earnings-call backdrop showing improved Q2 EBITDA, strong liquidity, and ongoing cost/cash initiatives. Technicals add modest support with the stock above key shorter-term and long-term averages, while valuation is helped by a high dividend yield but constrained by a negative P/E.
Positive Factors
Strong cash generation and FCF
Sustained OCF (~$3B TTM) and very strong FCF (~$4B TTM) provide durable internal funding for capex, dividends, buybacks and debt reduction. Positive cash conversion cushions earnings volatility and gives management flexibility to invest or deleverage over multiple quarters.
Negative Factors
Deteriorated profitability and revenue decline
A multi-quarter swing to a TTM net loss and a ~26% revenue decline signal weakened pricing/spreads and demand sensitivity. Persistent margin pressure impairs earnings quality and limits the company’s ability to sustainably cover interest, invest organically, and maintain payouts if conditions don’t normalize.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation and FCF
Sustained OCF (~$3B TTM) and very strong FCF (~$4B TTM) provide durable internal funding for capex, dividends, buybacks and debt reduction. Positive cash conversion cushions earnings volatility and gives management flexibility to invest or deleverage over multiple quarters.
Read all positive factors
LyondellBasell Key Performance Indicators (KPIs)
Any
Revenue by Segment
Breaks down revenue generated by each business segment, providing insight into which areas are driving growth and how diversified the company's income streams are.
Breaks down revenue generated by each business segment, providing insight into which areas are driving growth and how diversified the company's income streams are.
Data provided by:
The Fly
The FlyLyondellBasell (LYB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$20.04B
Dividend Yield6.64%
Average Volume (3M)5.17M
Price to Earnings (P/E)―
Beta (1Y)0.50
Revenue Growth-11.13%
EPS Growth-245.92%
CountryUS
Employees18,970
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-1.12
Shares Outstanding322,784,760
10 Day Avg. Volume4,482,252
30 Day Avg. Volume5,166,420
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)1.38
Price to Sales (P/S)0.46
P/FCF Ratio36.31
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$69.92Price Target Upside15.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)8.99
Revenue Forecast (FY)$33.51B
LyondellBasell Business Overview & Revenue Model
Company Description
LyondellBasell Industries N.V., established in 2009 and based in Houston, Texas, operates as a prominent global chemical manufacturer with a significant international footprint, including the United States, Germany, Mexico, Italy, Poland, France, ...
How the Company Makes Money
LyondellBasell primarily makes money by producing and selling petrochemical and plastics products, earning revenue when it converts hydrocarbon-based and other feedstocks into higher-value polymers and chemicals and sells them to converters and in...
LyondellBasell Earnings Call Summary
Earnings Call Date:Jul 31, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 23, 2026
Earnings Call Sentiment Positive
Despite significant macro and region-specific headwinds driven by the Middle East conflict, the company delivered materially stronger financial and operational results in Q2 (notably $2.1B EBITDA, $4.30 EPS, strong segment performance, robust cash and liquidity, and progress on portfolio transformation and cost actions). Management acknowledges continued volatility (supply disruption, Bayport outage, China trade shifts, planned turnarounds and regional logistics constraints) that will weigh on near-term operating rates and introduce uncertainty. On balance, the call highlighted more substantive and durable positives (margin expansion, cash generation, portfolio positioning, and cost improvements) than negatives, while recognizing that elevated volatility and some operational issues will persist into subsequent quarters.Positive Updates
Strong Quarterly Results
Reported EBITDA of $2.1 billion and earnings of $4.30 per diluted share in Q2; EBITDA more than tripled sequentially and delivered a company-wide EBITDA margin of 23%.
Negative Updates
Disruption from Middle East Conflict
Conflict caused extensive market disruption (production, feedstock availability, logistics and trade flows); estimated ~6 million tons of polyethylene capacity (~20%–25% of Middle East supply) sustained damage and unlikely to restart until at least 2027, creating prolonged market volatility.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Quarterly Results
Reported EBITDA of $2.1 billion and earnings of $4.30 per diluted share in Q2; EBITDA more than tripled sequentially and delivered a company-wide EBITDA margin of 23%.
Read all positive updates
Company Guidance
Guidance highlights: LYB reported Q2 EBITDA $2.1B and EPS $4.30 with a company EBITDA margin of 23% and conversion of EBITDA to cash at ~80% over the past 12 months; Q2 segment results included O&P‑Americas EBITDA $1.3B (≈4x YoY) with ~90% segment operating rates and crackers ~95% (Q3 O&P expected ~85% nameplate as Clinton (~70‑day) and Lake Charles turnarounds occur), O&P EAI EBITDA $331M with Q2 rates ~75% and crackers ~85% (Q3 ~70% utilization), I&D EBITDA $386M (Q2 impacted by a Bayport outage with ~$250M EBITDA loss; Bayport back to full rates in June and I&D targeting ~85% in Q3), APS EBITDA $78M (H1 up >50% YoY), and Technology EBITDA $74M (Q3 to moderate). Financial and capital guidance: cash $2.6B, total liquidity $7.1B, Q2 cash from operations $752M, Q2 capex $270M, 2026 capex plan $1.2B with sustaining capex expected ~ $100M lower after European divestitures, $224M returned to shareholders in Q2, on track for $500M incremental cash flow from the cash‑improvement plan by end‑2026, ~3,400 headcount reductions (~17%), and portfolio/supply assumptions include ~6 million tons of polyethylene damage (~20–25% of Middle East supply) not restarting until at least 2027, China PE inventories down ~30% vs pre‑conflict, 80% of LYB ethylene capacity tied to advantaged feedstocks, and Maritech‑1 (Wesseling) start planned end‑2027.LyondellBasell Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
52
Neutral
Cash Flow
69
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.19B | 30.15B | 40.30B | 41.11B | 50.45B | 46.17B |
| Gross Profit | 4.11B | 2.71B | 4.56B | 5.26B | 6.60B | 8.78B |
| EBITDA | 1.89B | 1.19B | 3.61B | 4.64B | 6.33B | 8.70B |
| Net Income | -348.00M | -743.00M | 1.36B | 2.11B | 3.88B | 5.61B |
Balance Sheet | ||||||
| Total Assets | 34.48B | 34.00B | 35.75B | 37.00B | 36.37B | 36.74B |
| Cash, Cash Equivalents and Short-Term Investments | 2.63B | 3.45B | 3.38B | 3.39B | 2.15B | 1.48B |
| Total Debt | 14.22B | 15.96B | 12.92B | 13.00B | 13.18B | 13.60B |
| Total Liabilities | 23.80B | 23.80B | 23.16B | 23.94B | 23.74B | 24.75B |
| Stockholders Equity | 10.67B | 10.08B | 12.46B | 12.93B | 12.62B | 11.86B |
Cash Flow | ||||||
| Free Cash Flow | 4.00B | 384.00M | 1.98B | 3.41B | 4.23B | 5.74B |
| Operating Cash Flow | 2.97B | 2.26B | 3.82B | 4.94B | 6.12B | 7.70B |
| Investing Cash Flow | -1.64B | -1.78B | -1.85B | -1.78B | -1.98B | -1.50B |
| Financing Cash Flow | -378.00M | -507.00M | -1.90B | -1.95B | -3.41B | -6.38B |
LyondellBasell Technical Analysis
Positive
60.32
Price Trends
60.77
Negative
67.01
Negative
57.35
Positive
Market Momentum
0.31
Negative
53.03
Neutral
44.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LYB, the sentiment is Positive. The current price of 60.32 is above the 20-day moving average (MA) of 59.03, below the 50-day MA of 60.77, and above the 200-day MA of 57.35, indicating a neutral trend. The MACD of 0.31 indicates Negative momentum. The RSI at 53.03 is Neutral, neither overbought nor oversold. The STOCH value of 44.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LYB.
LyondellBasell Risk Analysis
LyondellBasell disclosed 28 risk factors in its most recent earnings report. LyondellBasell reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
LyondellBasell Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $8.00B | 18.07 | 7.42% | 4.91% | -4.30% | -46.24% | |
66 Neutral | $18.50B | -761.06 | -0.16% | 1.68% | -22.51% | 63.46% | |
62 Neutral | $24.57B | 15.74 | 68.36% | 2.45% | 1.47% | 23.56% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $20.04B | -21.86 | -3.79% | 6.83% | -11.13% | -245.92% | |
56 Neutral | $18.31B | 23.48 | 14.69% | 1.48% | 18.36% | 35.24% | |
48 Neutral | $9.03B | -5.53 | -17.68% | 2.87% | -8.63% | -524.43% |
* Basic Materials Sector Average
LYB
LyondellBasell
60.62
13.37
28.30%
EMN
Eastman Chemical
71.98
14.09
24.33%
PPG
PPG Industries
114.01
11.74
11.47%
SQM
Sociedad Quimica Y Minera SA
67.03
30.92
85.61%
WLK
Westlake Corporation
69.89
-4.39
-5.91%
DD
DuPont de Nemours
141.28
53.92
61.73%
LyondellBasell Corporate Events
Business Operations and StrategyPrivate Placements and Financing
LyondellBasell Amends and Extends Receivables Financing Facility
Neutral
May 29, 2026
On May 29, 2026, LyondellBasell subsidiaries executed an Eighth Amendment to their structured accounts receivables facility, originally established in September 2012, with Mizuho Bank, Ltd. and other financial counterparties, effective June 26, 20...
Executive/Board ChangesStock BuybackShareholder Meetings
LyondellBasell Shareholders Approve Directors, Accounts and Buyback
Positive
May 22, 2026
At its recent Annual Meeting, LyondellBasell shareholders, representing about 88% of eligible shares, approved the election of 12 directors to serve until the 2027 annual general meeting and discharged the board from liability, while also adopting...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
LyondellBasell Reports Q1 2026 Earnings and Asset Sale
Positive
May 1, 2026
On May 1, 2026, LyondellBasell reported first-quarter 2026 net income of $125 million, or $0.38 per diluted share, with EBITDA of $568 million, or $615 million excluding identified items, reflecting sequential improvement driven by operational dis...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.