Equity Brief · Basic Materials2026-09-16
LYB·Basic Materials

LyondellBasell Industries N.V.

I · AI Analysis

The brief

LyondellBasell manufactures chemicals and plastics used in everyday products — packaging materials, car parts, paints, and home furnishings [Yahoo Finance]. The company operates five segments spanning olefins, polyolefins, derivatives, advanced polymers, and technology licensing across the Americas, Europe, and Asia [Yahoo Finance]. It employs about 18,970 people and licenses its chemical manufacturing processes to other producers [Yahoo Finance].

LyondellBasell Industries N.V. is a Netherlands-based chemical company that produces olefins, polyolefins, and related products for packaging, automotive, and industrial applications globally [Yahoo Finance]. The company reported trailing-twelve-month revenue of $31.2B through 30 June 2026, but a net loss of $353.0M driven by one-off charges that depressed earnings far below its $2.3B in operating income [Yahoo Finance]. KeyBanc initiated coverage at Sector Weight, while institutional holders including AQR Capital Management more than doubled their stakes quarter-over-quarter [Investing.com] [Yahoo Finance].

Solid operations generating $2.3B in operating income, but one-off charges pushed trailing net income to a $353M loss — causing the P/E to be meaningless and margins to look worse than the underlying business [Yahoo Finance] [Sentinellis calculation].

The brief AI analysisConfidence 7/10

Sentinellis health

Moderate concerns

6.2/10

7+ strong · 4–7 moderate · under 4 weak

Profitability

14% of score0.0/10
Net margin-1.1%· need ≥ 6.4%, the lower third of Specialty Chemicals in our libraryGross margin+12.9%· need ≥ 35.8%, the lower third of Specialty Chemicals in our library

Returns on capital

14% of score0.0/10
ROIC+7.6%· need > 10%Return on equity-2.5%· need > 12%

Growth & momentum

19% of score10.0/10
Revenue growth+19.8%Operating margin trend+13.5pp YoY

Balance sheet

29% of score6.7/10
Current ratio1.6xNet debt / EBITDA3.2x· need < 2.5xInterest coverage4.7xDebt / equity1.33

Cash generation

14% of score10.0/10
Free cash flow$1.6BCash vs reported profit$3.0B vs $-265.0M

Value creation

10% of score10.0/10
ROIC vs cost of capital+2.8pp

Sentinellis calculation from the published statements — not a score reported by any data source. Each category is scored on the checks that had data; missing inputs are excluded rather than counted as failures.

Market capitalisation

$21.1B

Revenue (TTM)

$31.2B

II · Recent news

What moved

3 stories · ranked by relevance

  • company2026-09-11

    KeyBanc initiates LyondellBasell stock coverage at Sector Weight - Investing.com

    Investing.com

  • company2026-09-11

    KeyBanc avvia la copertura di LyondellBasell con rating Settore - Investing.com

    Investing.com

  • sector2026-09-13

    3 of the Most Resilient High-Yield Dividend Stocks in the Chemical Sector: A Safety Deep Dive

    24/7 Wall St.

Premium · Free with any account

The company operates in the commodity chemicals sector, where pricing and margins are cyclical and tied to global supply-demand balances and feedstock costs — an industry article warned that some peers have cut dividends in recent downturns and that current conditions may reflect temporary supply disruptions [24/7 Wall St.].

1 of 5 risks in this report

Risks

5

Opportunities

6

Red flags

2

Leadership

10

12 more findings in the full report — free with any account.

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Produced 16 Sept 2026, 09:08 UTC

Figures come from company filings and market data. The Sentinellis health score and the wording attached to it are our interpretation of those figures, not numbers the company reported.

Not investment advice and not a recommendation to buy or sell. Sentinellis holds no positions in the companies it covers, takes no payment from issuers, and has no broker referral arrangements.

How every figure and score is calculated