LyondellBasell reports third quarter 2026 earnings
Key Highlights
- ➤Net income $758 million; diluted EPS $2.32 in Q3 2026
- ➤EBITDA $1.4 billion, or $1.5 billion excluding identified items
- ➤Operating cash flow reached $1.7 billion, including a working-capital release
- ➤€500 million note maturity repaid in September as planned
- ➤Fourth-quarter operating rates expected at 85% North American O&P, 60% European O&P, 75% I&D
Expert Statements
Peter Vanacker, Chief executive officer of LyondellBasell
“In an evolving macroeconomic environment, we delivered another quarter of strong earnings and robust cash conversion through disciplined execution underscored by the strength of our global, cost-advantaged portfolio. We are leveraging the flexibility and resilience of our leaner structure by optimizing feedstocks, directing products to the most attractive markets and aligning operating rates with demand. The strength of our oxyfuels business and materially higher Intermediates and Derivatives profitability highlight the benefits of our diversified portfolio. We continue to prioritize safety, reliability and cost discipline, to maximize margins, generate cash and deliver sustainable value for our shareholders.”
* Net income: $758 million, $828 million excluding identified items(1) * Diluted earnings per share: $2.32 per share, $2.54 per share excluding identified items * EBITDA: $1.4 billion, $1.5 billion excluding identified items * Continued strong EBITDA margin reflecting the resilience of our global, cost-advantaged portfolio, ongoing execution of our Value Enhancement Program and diversified end market exposure * Demonstrated operational excellence through improved asset reliability and completion of the Clinton turnaround on time and under budget * Increased cash by approximately $600 million during the quarter including planned €500 million debt repayment * Progressed our Cash Improvement Plan including reducing global structural fixed costs HOUSTON and LONDON, Oct. 30, 2026 (GLOBE NEWSWIRE) -- LyondellBasell Industries (NYSE: LYB) (the "company") today announced results for the third quarter 2026. Comparisons with the prior quarter and third quarter 2025 are available in the following table:
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