LyondellBasell Industries, a global leader in the chemical industry, has reported its earnings for the full year 2025 and the fourth quarter of 2025. The company's net income for the full year was a loss of $738 million, but this figure changes to a net income of $563 million when excluding identified items. This is a significant improvement from the full year of 2024, which saw net income at $1.367 billion.
The diluted earnings per share for the full year 2025 were reported as a loss of $2.34 per share, but when excluding identified items, it improved to $1.70 per share. This is compared to the full year 2024, where the diluted earnings per share were at $4.15.
In terms of EBITDA, the company reported $1.1 billion for the full year 2025. However, when excluding identified items, this figure improved to $2.5 billion. In comparison, the full year 2024 had EBITDA at $3.46 billion.
The company's cash flow from operating activities for 2025 was reported at $2.3 billion, with a 95% cash conversion rate. This is a significant achievement, considering the challenging market conditions faced by the company.
LyondellBasell's cash improvement plan outperformed its goal for 2025, achieving $800 million, well above the $600 million target. The company is targeting an additional $500 million for a total of $1.3 billion by year-end 2026.
In the fourth quarter of 2025, the company reported a net loss of $140 million, with EBITDA at $345 million, or $417 million excluding identified items.
Despite the challenging environment, LyondellBasell continued to prioritize operational excellence and achieve record safety performance. The company closed the year with $3.4 billion of cash and cash equivalents and made significant progress in optimizing its business portfolio.
Looking ahead, the company plans to invest $1.2 billion in capital expenditures for 2026 with a focus on maintaining safe and reliable operations and continuing construction of Moretex-1. When market conditions improve, LyondellBasell has an attractive pipeline of projects to grow long-term value.
The market has reacted to these announcements by moving the company's shares 0.06% to a price of $50.91. If you want to know more, read the company's complete 8-K report here.
