LYB LyondellBasell
Price Chart
Executive Summary
LyondellBasell reported Q1 2026 GAAP EPS of $0.38 (vs consensus $0.28, beat) but GAAP net income of $125M was down 29% YoY from $177M. Revenue of $7.197B missed the $7.37B consensus and declined 6.3% YoY from $7.677B. The company highlighted war-driven margin expansion in North America and European asset sales, but the top-line miss and weak cash flow (-$269M operating) temper the narrative.
Actionable Insight
The Q2 guidance for 'significant sequential improvement' across most businesses is the key catalyst — if realized, it could reverse the revenue decline. However, the Q1 revenue miss and negative operating cash flow warrant caution. Watch for Q2 pre-announcements or industry data on polyethylene/polypropylene spreads to validate the bullish outlook.
Key Facts
- Q1 2026 GAAP EPS $0.38 vs consensus $0.28 (beat), but GAAP net income $125M vs $177M YoY (-29%)
- Revenue $7.197B missed $7.37B consensus and fell 6.3% YoY from $7.677B
- EBITDA ex-identified items $615M vs $576M YoY (+6.8%)
- Operating cash flow -$269M vs typical Q1 working capital build; $2.6B cash, $7.3B liquidity
- Completed sale of four European sites; guiding for significant sequential improvement in Q2 across most businesses
- War in Middle East steepening global petrochemical cost curve, benefiting LYB's cost-advantaged North American assets
Financial Impact
Revenue miss of ~$173M vs consensus; EPS beat of $0.10 vs consensus but net income down $52M YoY
Risk Factors
- Geopolitical escalation in Middle East could disrupt supply chains or cause demand destruction
- Revenue decline YoY signals underlying demand weakness despite war-driven margin tailwinds
- Negative operating cash flow in Q1 may pressure capital returns if sustained
- European asset sale reduces revenue base, making YoY comparisons difficult
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3285791 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 29, 2026
11d ago
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8-K
| $67.13 $64.50 | ▼ −3.91% | ▼ −1.16% | $65.48 (−2.45%) |
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May 22, 2026
19d ago
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Press Release
| $69.65 $67.13 | ▼ −3.62% | ▼ −5.28% | $65.48 (−5.98%) |
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May 1, 2026
5w ago
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Press Release
| $74.75 $71.46 | ▼ −4.40% | ▼ −6.75% | $65.48 (−12.40%) |
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May 1, 2026
5w ago
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Press Release
| $74.75 $71.46 | ▼ −4.40% | ▼ −6.75% | $65.48 (−12.40%) |
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Apr 10, 2026
8w ago
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Press Release
| $73.69 $66.26 | ▼ −10.08% | ▼ −14.59% | $65.48 (−11.14%) |
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Apr 10, 2026
8w ago
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DEFA14A
| $73.69 $66.26 | ▼ −10.08% | ▼ −14.59% | $65.48 (−11.14%) |
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Apr 6, 2026
9w ago
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Press Release
| $78.60 $75.46 | ▼ −4.00% | ▼ −8.13% | $65.48 (−16.69%) |
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Mar 16, 2026
12w ago
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Press Release
| $71.08 $71.48 | ▲ +0.56% | ▲ +2.60% | $65.48 (−7.87%) |
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Feb 20, 2026
15w ago
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Press Release
| $56.66 $57.50 | ▼ −1.48% | ▼ −1.93% | $65.48 (−15.58%) |
US Market Status
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