LyondellBasell (LYB)
Materials · Commodity chemicals and polymers
A cyclically sensitive global chemical and refining manufacturer producing commodity plastics, intermediates, and fuels facing margin compression from oversupply and volatile feedstock costs.
What LyondellBasell does
LyondellBasell is a multinational chemical company that manufactures and sells plastics, intermediate chemicals, and fuels. The company operates across segments producing polyethylene, polypropylene, and other polymers used in packaging, automotive, and industrial applications. It also produces chemical intermediates and refinery products, with operations spanning North America, Europe, Asia, and other regions. The business is highly cyclical and dependent on crude oil and natural gas pricing, exposing it to significant margin volatility.
Themes: ["Commodity chemicals","Cyclical markets","Oil and gas exposure","Polymer manufacturing","Raw material cost volatility","Global supply chain","Energy-intensive production"]
Fundamentals
- Price$55.39 as of 2026-07-09 close
- Market cap$18.0B as of 2026-07-10
- 1-year return-14.6% as of 2026-07-09 close
- Net margin-2.7% as of 2026-07-10
- Gross margin+9.2% as of 2026-07-10
- ROE-7.4% as of 2026-07-10
- Debt / equity1.29 as of 2026-07-10
- Revenue growth (YoY)-22.0% as of 2026-07-10
- Revenue CAGR (3y)-15.8% SEC XBRL
- Beta0.38 as of 2026-07-10
Dividend: yield +5.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Severe cyclicality and industry oversupply: The chemical industry experiences alternating cycles of capacity shortage and excess, leading to significant margin compression—the company faces uncertainty in predicting duration and magnitude of future cycles.","Feedstock cost volatility and energy dependence: Raw materials and energy represent substantial operating costs; the company cannot always pass through cost increases to customers quickly or fully, and is vulnerable to crude oil and natural gas price swings.","Supply chain concentration and disruption risk: Limited or sole-source suppliers for certain raw materials and utilities (particularly at U.S. Gulf Coast facilities), with vulnerability to transportation interruptions, water scarcity, and geopolitical factors affecting feedstock availability."]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.