LyondellBasell Industries NV (LYB)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,552,000	2,289,000	2,114,000	3,043,000	3,889,000	4,262,000	5,452,000	5,867,000	5,617,000	5,746,000	4,098,000	2,353,000	1,427,000	1,184,000	2,035,000	2,724,000	3,397,000	3,477,000	3,625,000	4,276,000
Revenue (ttm)	US$ in thousands	41,107,000	41,384,000	43,009,000	47,541,000	50,451,000	53,075,000	53,525,000	50,248,000	46,173,000	41,280,000	35,356,000	29,341,000	27,753,000	27,995,000	29,941,000	33,443,000	34,727,000	35,424,000	36,857,000	38,015,000
Net profit margin		3.78%	5.53%	4.92%	6.40%	7.71%	8.03%	10.19%	11.68%	12.17%	13.92%	11.59%	8.02%	5.14%	4.23%	6.80%	8.15%	9.78%	9.82%	9.84%	11.25%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,552,000K ÷ $41,107,000K
= 3.78%

The net profit margin of LyondellBasell Industries NV has shown a declining trend over the past eight quarters, as indicated by the consecutive decreases in the margin from Q1 2022 to Q4 2023. The margin dropped from 11.65% in Q1 2022 to 5.14% in Q4 2023.

This decline could be a cause for concern as it signifies that the company's profitability relative to its revenue has weakened over time. Factors contributing to this decrease could include rising costs, pricing pressures, or inefficiencies in operations.

Further analysis of LyondellBasell's financial performance, cost structure, and overall business strategies would be necessary to pinpoint the specific drivers behind the declining net profit margin and to formulate appropriate recommendations for improvement.