earnings
confidence high
sentiment positive
materiality 0.85
LyondellBasell reports Q4 net income $353M, FY net income $3.9B; raises dividend 5%
LyondellBasell Industries N.V.
2022-FY EPS reported
$11.81
revenue$50,451,000,000
- Q4 2022 net income $353M ($1.07 diluted EPS); excluding items $427M ($1.29). EBITDA $792M ($865M excl. items).
- Full year 2022 net income $3.9B ($11.81 diluted EPS); EBITDA $6.3B. Returned $3.7B to shareholders.
- Increased quarterly dividend by 5% (12th consecutive annual increase); paid $9.90 per share in total dividends.
- Launched value enhancement program targeting $750M annual EBITDA by end of 2025; plans to exit refining business.
- Formed Circular & Low Carbon Solutions unit; advanced recycling facilities; increased GHG reduction target.