LyondellBasell Industries NV (LYB)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 12,462,000 | 13,716,000 | 13,449,000 | 12,979,000 | 12,930,000 | 13,205,000 | 12,931,000 | 12,721,000 | 12,615,000 | 12,191,000 | 12,230,000 | 12,698,000 | 11,858,000 | 11,800,000 | 10,524,000 | 8,800,000 | 7,971,000 | 7,306,000 | 7,358,000 | 7,324,000 |
| ROE | 10.97% | 15.66% | 17.27% | 16.28% | 16.35% | 17.28% | 16.29% | 23.87% | 30.77% | 34.79% | 44.41% | 46.04% | 47.19% | 48.64% | 38.87% | 26.66% | 17.81% | 16.04% | 27.52% | 37.07% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,367,000K ÷ $12,462,000K
= 10.97%
The return on equity (ROE) of LyondellBasell Industries NV has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The ROE started at a relatively high level of 37.07% in March 2020 and gradually decreased to 16.04% by September 2020.
There was a slight improvement in ROE in the following quarters, reaching 26.66% by March 31, 2021. The trend continued positively with ROE peaking at 48.64% in September 2021. Subsequently, ROE remained above 30% until June 30, 2022, reflecting strong profitability relative to shareholders' equity.
However, from September 2022 to December 2024, the ROE experienced a declining trend, dropping to 10.97% by December 31, 2024. This downward trend may indicate a decrease in the company's profitability relative to its shareholders' equity during this period.
Overall, while the ROE of LyondellBasell Industries NV has shown periods of strength and profitability, the recent decline in ROE warrants further investigation into the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024
See also:
LyondellBasell Industries NV Return on Equity (ROE) (Quarterly Data)