Companies /Basic Materials

LyondellBasell Industries NV - Class A

NYSE: LYB Specialty Chemicals
$64.76
▼ $1.81 (−2.72%) today
Markets closed · 6:25pm ET

Q3 2025 Earnings

Reported Oct 31, 2025, 6:32am ET · SEC source
$1.01
Beat +25.86%
EPS · est. $0.80
$7.7B
Beat +4.59%
Revenue · est. $7.4B
−1.1%
Trailing market
LYB vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0Oct 31Oct 31report 6:32am ETearnings−0.3%−4.4%
−6%−3%0Oct 31Oct 31earnings−0.3%−4.4%
LYB −4.4%S&P 500 −0.3%
−6%−3%0Oct 31Oct 31report 6:32am ETearnings−0.7%−4.4%
−6%−3%0Oct 31Oct 31earnings−0.7%−4.4%
LYB −4.4%NASDAQ −0.7%
−12%−8%−4%0Oct 30Nov 7report 6:32am ETearnings−1.9%−11.0%
−12%−8%−4%0Oct 30Nov 7earnings−1.9%−11.0%
LYB −11.0%S&P 500 −1.9%
−12%−8%−4%0Oct 30Nov 7report 6:32am ETearnings−3.6%−11.0%
−12%−8%−4%0Oct 30Nov 7earnings−3.6%−11.0%
LYB −11.0%NASDAQ −3.6%
+2.70%
Day of report
−0.32%
Next session
−7.32%
One week
−0.84%
30 days

S&P 500 over the same 30 days: +0.27%.

Did LYB Beat Earnings? Q3 2025 Results

LyondellBasell Industries posted a stronger-than-expected third quarter despite a headline GAAP net loss of $890 million, as adjusted diluted EPS of $1.01 cleared the $0.8025 consensus estimate by 25.86% and revenue of $7.73 billion topped expectations of $7.39 billion by 4.59%. The headline loss was driven by $1.20 billion in non-cash asset write-downs, including goodwill impairments across the Advanced Polymer Solutions and O&P-Europe, Asia & International segments, which obscured what was otherwise a quarter of notable operational discipline. The company generated $983 million in cash from operations at a 135% cash conversion rate, while its Cash Improvement Plan remains on track to deliver $600 million in savings for 2025 and at least $1.10 billion by end of 2026. An executive share purchase following the report added a note of insider confidence. Looking ahead, management warned that Q4 will face seasonal headwinds, including planned cracker idlings in Germany and Texas and operating rates as low as 60% for European O&P, with higher feedstock costs expected to further pressure margins across most business segments.

Key Takeaways
  • Improved olefins margins and higher volumes following completion of Channelview turnarounds
  • Oxyfuels results benefited from increased octane blend premiums and lower butane costs
  • Cash Improvement Plan reducing fixed costs and managing working capital
  • Hyperzone PE plant delivering improved performance
  • Channelview PO/TBA facility exceeding nameplate operating rates
  • Advanced Polymer Solutions leveraging 75% increase in customer satisfaction vs 2023

“LYB continues to navigate a challenging market environment while remaining focused on delivering long-term value. Our Cash Improvement Plan is on track to achieve our $600 million target in 2025 and a minimum of $1.1 billion by the end of 2026, by reducing fixed costs, managing working capital and optimizing capital investment to strengthen free cash flow. We are prioritizing our investment-grade balance sheet while investing in safe and reliable operations. Our strategy is resilient and we remain confident in our ability to create long-term value for investors.”

LyondellBasell Industries CEO, on the earnings call

Forward Guidance & Outlook

In Q4 2025, year-end seasonality and lower operating rates are expected to impact results across most businesses. Higher natural gas and feedstock costs will pressure integrated polyolefins margins in North America. Weak industrial and consumer demand is expected to persist in Europe. Oxyfuels profitability will face seasonal headwinds from higher feedstock costs and lower octane values. In November, LYB will idle its larger Wesseling cracker in Germany and a Channelview PO/styrene monomer unit for approximately 40 days each. Expected Q4 operating rates: 80% for North American O&P, 60% for European O&P, and 75% for I&D assets. Global capacity rationalizations and anti-involution measures in China support a more constructive mid-term industry outlook. Capital expenditures will be reduced to $1.2 billion in 2026.

LYB YoY Financials

Revenue$7.7B
Net Income$-890,000,000

Figures from SEC filings and company reports. Not investment advice.