LyondellBasell Industries NV (LYB)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,360,000 | 2,114,000 | 3,882,000 | 5,610,000 | 1,420,000 |
| Revenue | US$ in thousands | 40,302,000 | 41,107,000 | 50,451,000 | 46,173,000 | 27,753,000 |
| Net profit margin | 3.37% | 5.14% | 7.69% | 12.15% | 5.12% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,360,000K ÷ $40,302,000K
= 3.37%
The net profit margin of LyondellBasell Industries NV has displayed fluctuations over the past years. As of December 31, 2020, the net profit margin was 5.12%, showing a moderate level of profitability. This margin increased significantly to 12.15% by December 31, 2021, indicating a substantial improvement in profitability. However, by December 31, 2022, the net profit margin dropped to 7.69%, suggesting a decrease in profitability compared to the previous year.
Subsequently, by December 31, 2023, the net profit margin decreased further to 5.14%, approaching the level observed in 2020. Finally, as of December 31, 2024, the net profit margin declined to 3.37%, indicating a notable decrease in profitability compared to the previous year.
In summary, although there have been fluctuations in LyondellBasell Industries NV's net profit margin in recent years, it is important for the company to closely monitor and manage its profitability to sustain financial performance effectively.
Peer comparison
Dec 31, 2024