- Net income loss of $738 million, $563 million excluding identified items.
- EBITDA reached $1.1 billion, $2.5 billion excluding identified items.
- Generated $2.3 billion cash from operations with 95% conversion.
- Divestment of four European assets set for Q2 2026.
Financial Performance
LyondellBasell reported a net income loss of $738 million for 2025, with a net income of $563 million when excluding identified items. Diluted earnings per share were $(2.34), or $1.70 excluding identified items. The company achieved an EBITDA of $1.1 billion, which increases to $2.5 billion when excluding identified items.
Cash Flow and Operations
The company generated $2.3 billion in cash from operating activities, achieving a 95% cash conversion rate. LyondellBasell's Cash Improvement Plan surpassed its $600 million goal for 2025 by $200 million, and the company is targeting an additional $500 million, aiming for a total of $1.3 billion by the end of 2026.
Strategic Initiatives
LyondellBasell is on track with the divestment of four European assets, scheduled for completion in the second quarter of 2026. The company continues to prioritize operational excellence and has achieved record safety performance while maintaining strong liquidity amid challenging market conditions.
