LyondellBasell Industries NV (LYB)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,820,000 | 2,627,000 | 4,776,000 | 6,786,000 | 1,386,000 |
| Revenue | US$ in thousands | 40,302,000 | 41,107,000 | 50,451,000 | 46,173,000 | 27,753,000 |
| Pretax margin | 4.52% | 6.39% | 9.47% | 14.70% | 4.99% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,820,000K ÷ $40,302,000K
= 4.52%
The pretax margin of LyondellBasell Industries NV has shown fluctuation over the past five years. In 2020, the pretax margin was 4.99%, indicating that for every dollar of revenue, the company generated a profit of $0.0499 before accounting for taxes.
There was a significant improvement in 2021, with the pretax margin increasing to 14.70%, suggesting a more efficient operational performance and cost management during that year. However, in 2022, the pretax margin decreased to 9.47%, indicating a slight decline in profitability compared to the previous year.
By 2023, the pretax margin further dropped to 6.39%, reflecting potential challenges or increased costs faced by the company during that year. The downward trend continued in 2024, with the pretax margin declining to 4.52%, potentially signaling a need for the company to focus on improving profitability and operational efficiency.
Overall, the fluctuation in the pretax margin of LyondellBasell Industries NV over the five-year period suggests varying levels of profitability and operational efficiency, requiring a close monitoring of cost management strategies and financial performance in the coming years.
Peer comparison
Dec 31, 2024