Stock Analysis Report

LyondellBasell Industries

Executive Summary

LyondellBasell Industries N.V. operates as a chemical company worldwide.

Snowflake Analysis

Good value average dividend payer.

Similar Companies

Share Price & News

How has LyondellBasell Industries's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: LYB has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




US Chemicals


US Market

1 Year Return




US Chemicals


US Market

Return vs Industry: LYB exceeded the US Chemicals industry which returned -7.4% over the past year.

Return vs Market: LYB underperformed the US Market which returned 17.8% over the past year.

Shareholder returns

7 Day0.4%-0.9%-1.1%
30 Day-2.4%0.5%1.5%
90 Day-11.5%-0.2%6.6%
1 Year-1.6%-6.4%6.1%-7.4%20.2%17.8%
3 Year3.1%-9.2%28.2%3.4%47.5%38.1%
5 Year16.9%-3.7%36.8%7.2%71.2%52.4%

Price Volatility Vs. Market

How volatile is LyondellBasell Industries's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is LyondellBasell Industries undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: LYB ($82.91) is trading below our estimate of fair value ($180.71)

Significantly Below Fair Value: LYB is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: LYB is good value based on its PE Ratio (8.6x) compared to the Chemicals industry average (22.6x).

PE vs Market: LYB is good value based on its PE Ratio (8.6x) compared to the US market (18.2x).

Price to Earnings Growth Ratio

PEG Ratio: LYB is poor value based on its PEG Ratio (1.4x)

Price to Book Ratio

PB vs Industry: LYB is overvalued based on its PB Ratio (3.4x) compared to the US Chemicals industry average (2.1x).

Next Steps

Future Growth

How is LyondellBasell Industries forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LYB's forecast earnings growth (6.2% per year) is above the savings rate (1.7%).

Earnings vs Market: LYB's earnings (6.2% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: LYB's earnings are forecast to grow, but not significantly.

Revenue vs Market: LYB's revenue (1.3% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: LYB's revenue (1.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LYB's Return on Equity is forecast to be high in 3 years time (36.9%)

Next Steps

Past Performance

How has LyondellBasell Industries performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LYB has high quality earnings.

Growing Profit Margin: LYB's current net profit margins (9.8%) are lower than last year (12%).

Past Earnings Growth Analysis

Earnings Trend: LYB's earnings have declined by -0.3% per year over the past 5 years.

Accelerating Growth: LYB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LYB had negative earnings growth (-27.7%) over the past year, making it difficult to compare to the Chemicals industry average (-15.9%).

Return on Equity

High ROE: Whilst LYB's Return on Equity (41.53%) is outstanding, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is LyondellBasell Industries's financial position?

Financial Position Analysis

Short Term Liabilities: LYB's short term assets ($9.5B) exceed its short term liabilities ($5.2B).

Long Term Liabilities: LYB's short term assets ($9.5B) do not cover its long term liabilities ($17.1B).

Debt to Equity History and Analysis

Debt Level: LYB's debt to equity ratio (148.1%) is considered high.

Reducing Debt: LYB's debt to equity ratio has increased from 83.8% to 148.1% over the past 5 years.

Debt Coverage: LYB's debt is well covered by operating cash flow (41%).

Interest Coverage: LYB's interest payments on its debt are well covered by EBIT (12.6x coverage).

Balance Sheet

Inventory Level: LYB has a high level of physical assets or inventory.

Debt Coverage by Assets: LYB's debt is not covered by short term assets (assets are 0.8x debt).

Next Steps


What is LyondellBasell Industries's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market


Current dividend yield vs market & industry

Notable Dividend: LYB's dividend (5.07%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: LYB's dividend (5.07%) is in the top 25% of dividend payers in the US market (3.73%)

Stability and Growth of Payments

Stable Dividend: LYB has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: LYB's dividend payments have increased, but the company has only paid a dividend for 9 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.2%), LYB's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: LYB's dividends in 3 years are forecast to be well covered by earnings (38.3% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Bob Patel (52yo)





Mr. Bhavesh V. Patel, also known as Bob, has been President, Chief Executive Officer, and Director of Schulman, Inc. since August 21, 2018. Mr. Patel has been Chief Executive Officer of LyondellBasell Indu ...

CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD18.21M) is above average for companies of similar size in the US market ($USD10.81M).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.

Leadership Team

Bhavesh Patel
CEO & Director5.1yrsUS$18.21m0.073% $20.1m
Jeffrey Kaplan
Executive VP & Chief Legal Officer4.9yrsUS$3.42m0.0063% $1.8m
Daniel Coombs
Executive Vice President of Global Manufacturing1.3yrsUS$3.95m0.0050% $1.4m
James Guilfoyle
Executive VP of Advanced Polymer Solutions & Global Supply Chain4.7yrsUS$2.69m0.0032% $896.0k
Michael McMurray
Executive VP & CFO0.3yrsno datano data
Jacinth Smiley
VP & Chief Accounting Officer1.8yrsno datano data
James Seward
Senior Vice President of Research & Development0.6yrsno data0.0026% $724.6k
David Kinney
Head of Investor Relations0yrsno datano data
Dale Friedrichs
Senior Vice President of Human Resources0.3yrsno data0.0010% $284.8k
Michael VanDerSnick
Senior Vice President of Americas Manufacturing7.6yrsno datano data


Average Tenure


Average Age

Experienced Management: LYB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Bhavesh Patel
CEO & Director5.1yrsUS$18.21m0.073% $20.1m
Stephen Cooper
Independent Director9.6yrsUS$314.48k0.0083% $2.3m
Rudolf M. van der Meer
Independent Director9.6yrsUS$309.30k0.0047% $1.3m
Claire Farley
Independent Director6yrsUS$337.11k0.0034% $945.8k
Nance Dicciani
Independent Director6.4yrsUS$320.48k0.0054% $1.5m
Jacques Alfred Aigrain
Independent Chairman1.4yrsUS$612.44k0.0028% $785.4k
Robin William Buchanan
Independent Director8.8yrsUS$310.09k0.013% $3.5m
Jagjeet Bindra
Independent Director8.8yrsUS$347.11k0.0053% $1.5m
Lincoln Benet
Independent Director4.7yrsUS$320.09k0.0011% $312.5k
Michael Hanley
Independent Director1.3yrsUS$97.56k0.00041% $113.4k


Average Tenure


Average Age

Experienced Board: LYB's board of directors are considered experienced (6.2 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

LyondellBasell Industries N.V.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: LyondellBasell Industries N.V.
  • Ticker: LYB
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: US$27.655b
  • Shares outstanding: 333.55m
  • Website: https://www.lyondellbasell.com

Number of Employees


  • LyondellBasell Industries N.V.
  • 1221 McKinney Street
  • Suite 300
  • Houston
  • Texas
  • 77010
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LYBNYSE (New York Stock Exchange)YesClass A Ordinary SharesUSUSDApr 2010
DLYDB (Deutsche Boerse AG)YesClass A Ordinary SharesDEEURApr 2010
LYB NBMV (Bolsa Mexicana de Valores)YesClass A Ordinary SharesMXMXNApr 2010
0EDDLSE (London Stock Exchange)YesClass A Ordinary SharesGBUSDApr 2010


LyondellBasell Industries N.V. operates as a chemical company worldwide. The company operates in six segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers. The company also produces and sells propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomers, methanol products, glacial acetic acids, vinyl acetate monomers, and ethylene oxide, ethylene glycol, and derivatives. Further, it produces and markets compounds and solutions, such as polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders; and advanced polymers. In addition, the company refines crude oil and other crude oils of varied types and sources into gasoline, diesel, and jet fuel; develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in Houston, Texas. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 02:25
End of Day Share Price2020/02/21 00:00
Annual Earnings2019/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.