LyondellBasell Industries NV (LYB)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,731,000 | 2,705,000 | 2,917,000 | 3,012,000 | 3,350,000 | 3,522,000 | 3,320,000 | 4,450,000 | 5,101,000 | 5,525,000 | 6,961,000 | 7,346,000 | 6,773,000 | 6,755,000 | 4,530,000 | 2,343,000 | 1,559,000 | 1,464,000 | 2,565,000 | 3,403,000 |
| Total assets | US$ in thousands | 35,746,000 | 37,263,000 | 37,064,000 | 36,624,000 | 37,000,000 | 36,875,000 | 36,683,000 | 36,255,000 | 36,365,000 | 36,491,000 | 37,024,000 | 37,854,000 | 36,742,000 | 38,662,000 | 37,259,000 | 35,746,000 | 35,403,000 | 31,949,000 | 31,541,000 | 31,100,000 |
| Operating ROA | 4.84% | 7.26% | 7.87% | 8.22% | 9.05% | 9.55% | 9.05% | 12.27% | 14.03% | 15.14% | 18.80% | 19.41% | 18.43% | 17.47% | 12.16% | 6.55% | 4.40% | 4.58% | 8.13% | 10.94% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,731,000K ÷ $35,746,000K
= 4.84%
The operating return on assets (operating ROA) of LyondellBasell Industries NV has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
The operating ROA started at 10.94% in March 2020, indicating that the company generated a positive return on its assets from its core operations. As of December 2024, the operating ROA declined to 4.84%, suggesting a decrease in the company's ability to generate profits from its assets.
The operating ROA varied throughout the period, reaching its peak at 19.41% in March 2022 and showing relative stability above 15% until September 2022. However, from that point on, there was a downward trend in the operating ROA, falling to 4.84% by December 2024.
The fluctuations in the operating ROA could be attributed to changes in the company's operating efficiency, asset utilization, profitability, or a combination of these factors. Further analysis would be required to understand the specific reasons behind these fluctuations and to assess the potential impact on the company's overall financial performance.
Peer comparison
Dec 31, 2024