LyondellBasell Industries NV (LYB)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 1,367,000 | 2,148,000 | 2,322,000 | 2,113,000 | 2,114,000 | 2,282,000 | 2,107,000 | 3,036,000 | 3,882,000 | 4,241,000 | 5,431,000 | 5,846,000 | 5,596,000 | 5,739,000 | 4,091,000 | 2,346,000 | 1,420,000 | 1,172,000 | 2,025,000 | 2,715,000 |
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 |
ROA | 3.82% | 5.76% | 6.26% | 5.77% | 5.71% | 6.19% | 5.74% | 8.37% | 10.68% | 11.62% | 14.67% | 15.44% | 15.23% | 14.84% | 10.98% | 6.56% | 4.01% | 3.67% | 6.42% | 8.73% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,367,000K ÷ $35,746,000K
= 3.82%
The return on assets (ROA) of LyondellBasell Industries NV has shown fluctuating trends over the analyzed periods. From March 31, 2020, to December 31, 2020, the ROA decreased from 8.73% to 4.01%. Subsequently, there was an upward trend in ROA, reaching a peak of 15.44% on March 31, 2022. However, after this peak, the ROA started to decline gradually. By December 31, 2024, the ROA had decreased to 3.82%.
Overall, the ROA indicates the company's ability to generate profits from its assets. The fluctuations in ROA suggest changes in the company's efficiency in utilizing its assets to generate earnings. It is important for stakeholders to monitor these trends to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2024
See also:
LyondellBasell Industries NV Return on Assets (ROA) (Quarterly Data)