LyondellBasell Industries NV (LYB)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,817,000 | 3,053,000 | 5,101,000 | 6,773,000 | 2,494,000 |
| Revenue | US$ in thousands | 40,302,000 | 41,107,000 | 50,451,000 | 46,173,000 | 27,753,000 |
| Operating profit margin | 4.51% | 7.43% | 10.11% | 14.67% | 8.99% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,817,000K ÷ $40,302,000K
= 4.51%
The operating profit margin of LyondellBasell Industries NV has shown fluctuations over the past five years. It increased from 8.99% as of December 31, 2020, to 14.67% as of December 31, 2021, indicating improved operational efficiency and profitability. However, in the following years, the operating profit margin declined to 10.11% as of December 31, 2022, 7.43% as of December 31, 2023, and further dropped to 4.51% as of December 31, 2024.
These fluctuations suggest that the company may have faced challenges in controlling costs or generating sufficient revenues relative to operating expenses in recent years. It is crucial for LyondellBasell Industries NV to closely monitor and manage its operating expenses, improve operational efficiency, and implement strategies to enhance profitability to ensure sustainable performance in the future.
Peer comparison
Dec 31, 2024