LyondellBasell Industries NV (LYB)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 35,746,000 | 37,000,000 | 36,365,000 | 36,742,000 | 35,403,000 |
| Operating ROA | 5.08% | 8.25% | 14.03% | 18.43% | 7.04% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,817,000K ÷ $35,746,000K
= 5.08%
The operating return on assets (operating ROA) for LyondellBasell Industries NV has exhibited fluctuations over the years based on the provided data.
- In December 31, 2020, the operating ROA was at 7.04%, indicating that the company generated operating income of 7.04% for every dollar of assets employed in its operations.
- By December 31, 2021, the operating ROA showed a significant improvement, rising to 18.43%, reflecting improved operational efficiency and profitability.
- However, in December 31, 2022, the operating ROA declined to 14.03%, suggesting a slight decrease in the company's ability to generate operating income from its assets compared to the previous year.
- Subsequently, in December 31, 2023, the operating ROA further decreased to 8.25%, indicating a continued challenge in maintaining the level of operating income relative to the assets utilized.
- Finally, by December 31, 2024, the operating ROA dropped to 5.08%, signifying a notable decline in the company's efficiency in generating operating income from its asset base.
Overall, the varying trend in LyondellBasell Industries NV's operating ROA over the analyzed period reflects changes in the company's operational performance and efficiency in utilizing its assets to generate operating income.
Peer comparison
Dec 31, 2024