---
schema_version: "secwatch.filing_event.v1"
accession: "0001489393-23-000002"
form_type: "8-K"
ticker: "LYB"
cik: "0001489393"
company_name: "LyondellBasell Industries N.V."
filed_at: "2023-02-03T23:59:59+00:00"
generated_at: "2026-06-20T00:58:17.740506+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LyondellBasell reports Q4 net income $353M, FY net income $3.9B; raises dividend 5%

## Summary
- 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.

## SEC filing metadata
- accession: 0001489393-23-000002
- form_type: 8-K
- ticker: LYB
- cik: 0001489393
- company_name: LyondellBasell Industries N.V.
- filed_at: 2023-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000002/0001489393-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000002/lyb-20230203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489393-23-000002
- JSON: https://secwatch.observer/filing/0001489393-23-000002.json
- Plain text: https://secwatch.observer/filing/0001489393-23-000002.txt

## Key facts
- Earnings Releases
  LyondellBasell Industries N.V. reported Full Year 2022 results: net income $3.9 billion, EPS $11.81 per share.
  - Period: Full Year 2022
  - Net income: $3.9 billion
  - EPS: $11.81 per share
  - Result: reported results
  source text: Net Income: $3.9 billion, $4.1 billion excluding identified items • Diluted earnings per share: $11.81 per share, $12.46 per share excluding identified items
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000002/0001489393-23-000002-index.htm
- Earnings Releases
  LyondellBasell Industries N.V. reported the quarter ended December 31, 2022 results: net income $353 million, EPS $1.07 per share.
  - Period: the quarter ended December 31, 2022
  - Net income: $353 million
  - EPS: $1.07 per share
  - Result: reported results
  source text: Net Income: $353 million, $427 million excluding identified items (a) • Diluted earnings per share: $1.07 per share, $1.29 per share excluding identified items
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000002/0001489393-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.