LyondellBasell Industries NV (LYB)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,603,000 | 2,660,000 | 2,844,000 | 2,575,000 | 2,621,000 | 2,831,000 | 2,663,000 | 3,781,000 | 4,776,000 | 5,253,000 | 6,741,000 | 7,281,000 | 6,786,000 | 6,816,000 | 4,590,000 | 2,310,000 | 1,386,000 | 1,242,000 | 2,358,000 | 3,250,000 |
| Revenue (ttm) | US$ in thousands | 40,368,000 | 41,496,000 | 41,799,000 | 41,564,000 | 41,803,000 | 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 |
| Pretax margin | 3.97% | 6.41% | 6.80% | 6.20% | 6.27% | 6.84% | 6.19% | 7.95% | 9.47% | 9.90% | 12.59% | 14.49% | 14.70% | 16.51% | 12.98% | 7.87% | 4.99% | 4.44% | 7.88% | 9.72% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,603,000K ÷ $40,368,000K
= 3.97%
The pretax margin of LyondellBasell Industries NV has shown fluctuations over the given time period, ranging from a low of 3.97% as of December 31, 2024, to a peak of 16.51% on September 30, 2021. The trend indicates some volatility in the company's ability to generate profits before accounting for taxes, with periods of both strong performance and relative weakness.
The pretax margin began the period at 9.72% on March 31, 2020, experienced a decline towards the end of 2020, and then saw a significant increase in the first three quarters of 2021, reaching its highest point. However, the margin started to decrease from the end of 2021 through 2024, showing a general downward trend.
It is essential for stakeholders to closely monitor this metric as it reflects the company's efficiency in managing its operating expenses relative to its revenue before considering tax implications. The decreasing trend in pretax margin towards the end of the period may indicate challenges in cost control or changes in revenue dynamics that could impact the company's overall profitability.
Peer comparison
Dec 31, 2024