Selected Financial Data
since 2011
Income Statement
LyondellBasell Industries N.V., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Sales and other operating revenues | Operating income | Net income attributable to the Company shareholders |
|---|---|---|---|
| Dec 31, 2018 | 39,004) | 5,231) | 4,688) |
| Dec 31, 2017 | 34,484) | 5,460) | 4,879) |
| Dec 31, 2016 | 29,183) | 5,060) | 3,836) |
| Dec 31, 2015 | 32,735) | 6,122) | 4,476) |
| Dec 31, 2014 | 45,608) | 5,736) | 4,174) |
| Dec 31, 2013 | 44,062) | 5,102) | 3,857) |
| Dec 31, 2012 | 45,352) | 4,676) | 2,848) |
| Dec 31, 2011 | 51,035) | 3,998) | 2,147) |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
An analysis of the financial performance from 2011 to 2018 reveals a notable divergence between top-line revenue trends and bottom-line profitability. While sales experienced significant volatility and a general decline for a substantial period, operating and net income demonstrated resilience and growth, suggesting a strategic shift toward higher-margin operations or increased cost efficiency.
- Revenue Volatility
- Sales and other operating revenues showed a downward trajectory from a peak of 51,035 million US$ in 2011 to a low of 29,183 million US$ in 2016. This represents a contraction of approximately 42.8% over five years. A recovery phase followed in 2017 and 2018, with revenues rising to 39,004 million US$.
- Operational Profitability and Margin Expansion
- Operating income exhibited an inverse relationship with revenue between 2011 and 2015, rising steadily from 3,998 million US$ to a peak of 6,122 million US$. This indicates a substantial expansion in operating margins during a period of declining sales. Despite the revenue trough in 2016, operating income remained significantly higher than 2011 levels, stabilizing between 5,060 million US$ and 5,460 million US$ through 2018.
- Net Income Performance
- Net income attributable to shareholders mirrored the growth seen in operating income, increasing from 2,147 million US$ in 2011 to a peak of 4,879 million US$ in 2017. The consistent upward trend in net income, despite the fluctuation in overall sales, highlights an improved capacity to generate profit relative to the scale of operations.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Balance Sheet: Assets
LyondellBasell Industries N.V., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2018 | 10,566) | 28,278) |
| Dec 31, 2017 | 11,738) | 26,206) |
| Dec 31, 2016 | 9,599) | 23,442) |
| Dec 31, 2015 | 9,789) | 22,757) |
| Dec 31, 2014 | 11,645) | 24,283) |
| Dec 31, 2013 | 14,599) | 27,298) |
| Dec 31, 2012 | 12,286) | 24,220) |
| Dec 31, 2011 | 11,435) | 22,839) |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
The asset profile exhibits a general long-term expansion in total value, characterized by a period of volatility between 2013 and 2016 followed by a sustained recovery. While total assets reached their highest point at the end of the period, current assets demonstrated more significant fluctuations and a declining share of the overall asset base.
- Total Asset Trends
- Total assets grew from 22,839 million US$ in 2011 to 28,278 million US$ by 2018. This growth was not linear; a peak occurred in 2013 at 27,298 million US$, followed by a contraction that reached a period low of 22,757 million US$ in 2015. From 2016 onward, a consistent upward trajectory was established, resulting in an overall increase of approximately 23.8% over the analyzed timeframe.
- Current Asset Volatility
- Current assets showed a less stable pattern, peaking in 2013 at 14,599 million US$ before declining sharply to 9,599 million US$ by 2016. Although there was a temporary recovery to 11,738 million US$ in 2017, the value decreased again to 10,566 million US$ in 2018. This indicates a lack of steady growth in liquid assets compared to the broader asset base.
- Asset Composition and Liquidity Shift
- A notable shift in asset structure is observable when comparing current assets to total assets. In 2011, current assets represented approximately 50.1% of total assets, and this proportion peaked at 53.5% in 2013. However, by 2018, current assets accounted for only 37.3% of total assets. This downward trend suggests a strategic reallocation of capital toward non-current assets, such as property, plant, and equipment, or other long-term investments.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Balance Sheet: Liabilities and Stockholders’ Equity
LyondellBasell Industries N.V., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total debt | Total Company share of stockholders’ equity | |
|---|---|---|---|
| Dec 31, 2018 | 5,513) | 9,387) | 10,257) |
| Dec 31, 2017 | 4,777) | 8,619) | 8,949) |
| Dec 31, 2016 | 4,540) | 8,981) | 6,048) |
| Dec 31, 2015 | 4,349) | 8,028) | 6,550) |
| Dec 31, 2014 | 5,437) | 7,107) | 8,314) |
| Dec 31, 2013 | 5,510) | 5,835) | 12,478) |
| Dec 31, 2012 | 5,096) | 4,400) | 11,139) |
| Dec 31, 2011 | 5,018) | 4,032) | 10,593) |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
An examination of the balance sheet reveals a divergent trend between total debt obligations and stockholders' equity from 2011 to 2018. While short-term obligations remained relatively consistent, long-term debt increased significantly, coinciding with a period of notable volatility in the equity position.
- Debt Accumulation
- Total debt exhibited a consistent upward trajectory, increasing from 4,032 million US$ in 2011 to 9,387 million US$ in 2018. This represents a substantial increase in long-term leverage over the eight-year period, with the most pronounced growth occurring between 2013 and 2016.
- Short-Term Obligations
- Current liabilities remained relatively stable throughout the observed period. Values fluctuated within a range of 4,349 million US$ to 5,513 million US$, indicating that short-term operational obligations were maintained without drastic expansions or contractions.
- Stockholders' Equity Volatility
- Equity demonstrated a cyclical pattern, peaking at 12,478 million US$ in 2013 before entering a period of significant decline that bottomed at 6,048 million US$ in 2016. A strong recovery followed this low point, with equity rising back to 10,257 million US$ by the end of 2018.
- Capital Structure and Leverage
- A period of heightened financial leverage is observable between 2014 and 2016, characterized by the simultaneous increase in total debt and the contraction of stockholders' equity. The trend reversed after 2016, as the recovery in equity levels helped offset the continued presence of high debt, thereby stabilizing the overall capital structure by 2018.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Cash Flow Statement
LyondellBasell Industries N.V., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash used in investing activities | Net cash used in financing activities |
|---|---|---|---|
| Dec 31, 2018 | 5,471) | (3,559) | (3,008) |
| Dec 31, 2017 | 5,206) | (1,756) | (2,859) |
| Dec 31, 2016 | 5,606) | (2,297) | (3,349) |
| Dec 31, 2015 | 5,842) | (1,051) | (4,850) |
| Dec 31, 2014 | 6,048) | (3,531) | (5,907) |
| Dec 31, 2013 | 4,835) | (1,602) | (1,589) |
| Dec 31, 2012 | 4,787) | (1,013) | (2,145) |
| Dec 31, 2011 | 2,869) | (1,021) | (4,964) |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
The analysis of cash flow movements from 2011 to 2018 reveals a consistent capacity to generate liquidity from core operations, which has been utilized to fund both capital investments and significant financing outflows.
- Operating Cash Flow Trends
- Net cash provided by operating activities showed substantial growth in the early years of the period, increasing from 2,869 million USD in 2011 to a peak of 6,048 million USD in 2014. Following this peak, the figures stabilized, maintaining a range between 5,206 million USD and 5,842 million USD from 2015 through 2018, indicating a mature and steady operational cash generation phase.
- Investing Activity Patterns
- Cash utilized in investing activities exhibited a cyclical nature. While outflows remained relatively consistent between 2011 and 2013, there were pronounced spikes in 2014 (-3,531 million USD) and 2018 (-3,559 million USD). These fluctuations suggest periodic intensifications in capital expenditure or strategic acquisitions, interspersed with years of more moderate investment levels.
- Financing Activity Analysis
- Financing activities remained consistently negative throughout the entire duration, reflecting a persistent strategy of returning capital to shareholders or reducing debt obligations. Significant peaks in cash outflows occurred in 2011 (-4,964 million USD) and 2014 (-5,907 million USD), with a general trend of substantial outflows continuing through 2018.
Overall, the financial profile demonstrates that operating cash flows have been sufficient to cover all investing requirements while simultaneously supporting aggressive financing outflows, suggesting a strong and sustainable liquidity position over the eight-year period.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Per Share Data
LyondellBasell Industries N.V., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2018 | 12.04 | 12.01 | 4.00 |
| Dec 31, 2017 | 12.23 | 12.23 | 3.55 |
| Dec 31, 2016 | 9.15 | 9.13 | 3.33 |
| Dec 31, 2015 | 9.62 | 9.59 | 3.04 |
| Dec 31, 2014 | 8.03 | 7.99 | 2.70 |
| Dec 31, 2013 | 6.80 | 6.75 | 2.00 |
| Dec 31, 2012 | 4.97 | 4.92 | 4.20 |
| Dec 31, 2011 | 3.76 | 3.74 | 5.05 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.
An analysis of per share performance from 2011 to 2018 reveals a strong upward trajectory in profitability contrasted with a volatile dividend distribution strategy.
- Earnings Per Share Performance
- Basic earnings per share exhibited consistent growth for the majority of the period, rising from 3.76 USD in 2011 to a peak of 12.23 USD in 2017. Although a marginal decline to 12.04 USD occurred in 2018, the overall trend indicates a significant expansion in profitability per share. Diluted earnings per share closely mirrored this trajectory, starting at 3.74 USD in 2011 and ending at 12.01 USD in 2018. The minimal variance between basic and diluted figures suggests that dilutive securities had a negligible impact on shareholder value throughout the observed timeframe.
- Dividend Distribution Trends
- Dividend payments per share displayed significant volatility during the first half of the period. A high initial distribution of 5.05 USD in 2011 was followed by a sharp contraction, reaching a low of 2.00 USD in 2013. Following this trough, a steady recovery phase was observed, with dividends increasing incrementally every year from 2014 (2.70 USD) through 2018 (4.00 USD).
- Earnings-to-Dividend Relationship
- A fundamental shift in the relationship between earnings and dividends is evident. In 2011, dividends per share exceeded basic earnings per share, indicating a payout that surpassed annual earnings. By 2018, this dynamic had shifted substantially; basic earnings per share (12.04 USD) were more than three times the dividend per share (4.00 USD). This transition reflects a move toward a more sustainable payout ratio and an increased capacity for capital retention.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?