Q3 25 EPS
$1.01
BEAT +25.86%
Est. $0.80
Q3 25 Revenue
$7.73B
BEAT +4.59%
Est. $7.39B
vs S&P Since Q3 25
+63.5%
BEATING MARKET
LYB +69.2% vs S&P +5.7%
Market Reaction
Did LYB Beat Earnings? Q3 2025 Results
LyondellBasell Industries posted a stronger-than-expected third quarter despite a headline GAAP net loss of $890 million, as adjusted diluted EPS of $1.01 cleared the $0.80 consensus estimate by 25.86% and revenue of $7.73 billion topped expectations… Read more LyondellBasell Industries posted a stronger-than-expected third quarter despite a headline GAAP net loss of $890 million, as adjusted diluted EPS of $1.01 cleared the $0.80 consensus estimate by 25.86% and revenue of $7.73 billion topped expectations of $7.39 billion by 4.59%. The headline loss was driven by $1.20 billion in non-cash asset write-downs, including goodwill impairments across the Advanced Polymer Solutions and O&P-Europe, Asia & International segments, which obscured what was otherwise a quarter of notable operational discipline. The company generated $983 million in cash from operations at a 135% cash conversion rate, while its Cash Improvement Plan remains on track to deliver $600 million in savings for 2025 and at least $1.10 billion by end of 2026. An executive share purchase following the report added a note of insider confidence. Looking ahead, management warned that Q4 will face seasonal headwinds, including planned cracker idlings in Germany and Texas and operating rates as low as 60% for European O&P, with higher feedstock costs expected to further pressure margins across most business segments.
Key Takeaways
- • Improved olefins margins and higher volumes following completion of Channelview turnarounds
- • Oxyfuels results benefited from increased octane blend premiums and lower butane costs
- • Cash Improvement Plan reducing fixed costs and managing working capital
- • Hyperzone PE plant delivering improved performance
- • Channelview PO/TBA facility exceeding nameplate operating rates
- • Advanced Polymer Solutions leveraging 75% increase in customer satisfaction vs 2023
LYB YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“LYB continues to navigate a challenging market environment while remaining focused on delivering long-term value. Our Cash Improvement Plan is on track to achieve our $600 million target in 2025 and a minimum of $1.1 billion by the end of 2026, by reducing fixed costs, managing working capital and optimizing capital investment to strengthen free cash flow. We are prioritizing our investment-grade balance sheet while investing in safe and reliable operations. Our strategy is resilient and we remain confident in our ability to create long-term value for investors.”
— Peter Vanacker, Q3 2025 Earnings Press Release
LYB Earnings Trends
LYB vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LYB EPS Trend
Earnings per share: estimate vs actual
LYB Revenue Trend
Quarterly revenue: estimate vs actual
LYB Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 MISS FY | $0.20 | $-0.26 | -230.00% | $7.09B | — |
| FY Full Year | $2.26 | $1.70 | -24.67% | $30.15B | +0.87% |
| Q3 25 BEAT | $0.80 | $1.01 | +25.86% | $7.73B | +4.59% |
| Q2 25 MISS | $0.78 | $0.62 | -20.84% | $7.66B | +1.99% |
| Q1 25 MISS | $0.43 | $0.33 | -24.02% | $7.68B | +3.56% |