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LyondellBasell Industries vs Westlake: revenue, profit, margins and growth compared

LyondellBasell Industries brought in $30.2B of revenue in fiscal 2025, Westlake $11.2B in fiscal 2025. Revenue changed by -9.7% at LyondellBasell Industries and -8.0% at Westlake on the year before, so Westlake grew faster. LyondellBasell Industries kept -2.4% of its revenue as net profit, Westlake -13.5%. Free cash flow was $384M at LyondellBasell Industries and -$530M at Westlake.

Side by side, latest fiscal year

LYBWLK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$30.2B$11.2B
Revenue growth-9.7%-8.0%
Net income-$738M-$1.5B
Net margin-2.4%-13.5%
Free cash flow$384M-$530M
Free cash flow margin1.3%-4.7%
Earnings per share (diluted)-$2.34-$11.70
Cash$3.4B$2.7B
Debt$12.7B$5.6B
Price to earningsn/an/a
Market value$18.8B$8.7B
Dividend yield9.37%3.12%
Rank by revenue in sector#21 of 451 · Industrials#58 of 451 · Industrials

Over the years

Revenue
LYB FY2018: $39BLYB FY2019: $34.7BLYB FY2020: $27.8BLYB FY2021: $46.2BLYB FY2022: $50.5BLYB FY2023: $33.3BLYB FY2024: $33.4BLYB FY2025: $30.2BWLK FY2018: $8.6BWLK FY2019: $8.1BWLK FY2020: $7.5BWLK FY2021: $11.8BWLK FY2022: $15.8BWLK FY2023: $12.5BWLK FY2024: $12.1BWLK FY2025: $11.2BFY18FY19FY20FY21FY22FY23FY24FY25
LYB $30.2BWLK $11.2B
Net income
LYB FY2018: $4.7BLYB FY2019: $3.4BLYB FY2020: $1.4BLYB FY2021: $5.6BLYB FY2022: $3.9BLYB FY2023: $2.1BLYB FY2024: $1.4BLYB FY2025: -$738MWLK FY2018: $996MWLK FY2019: $421MWLK FY2020: $330MWLK FY2021: $2BWLK FY2022: $2.2BWLK FY2023: $479MWLK FY2024: $602MWLK FY2025: -$1.5BFY18FY19FY20FY21FY22FY23FY24FY25
LYB -$738MWLK -$1.5B
Net margin
LYB FY2018: 12.0%LYB FY2019: 9.8%LYB FY2020: 5.1%LYB FY2021: 12.2%LYB FY2022: 7.7%LYB FY2023: 6.4%LYB FY2024: 4.1%LYB FY2025: -2.4%WLK FY2018: 11.5%WLK FY2019: 5.2%WLK FY2020: 4.4%WLK FY2021: 17.1%WLK FY2022: 14.2%WLK FY2023: 3.8%WLK FY2024: 5.0%WLK FY2025: -13.5%FY18FY19FY20FY21FY22FY23FY24FY25
LYB -2.4%WLK -13.5%
Revenue growth
LYB FY2019: -11.0%LYB FY2020: -20.1%LYB FY2021: +66.4%LYB FY2022: +9.3%LYB FY2023: -33.9%LYB FY2024: +0.2%LYB FY2025: -9.7%WLK FY2019: -6.0%WLK FY2020: -7.6%WLK FY2021: +57.0%WLK FY2022: +34.1%WLK FY2023: -20.6%WLK FY2024: -3.2%WLK FY2025: -8.0%FY19FY20FY21FY22FY23FY24FY25
LYB -9.7%WLK -8.0%
Free cash flow
LYB FY2018: $3.4BLYB FY2019: $2.3BLYB FY2020: $1.5BLYB FY2021: $5.7BLYB FY2022: $4.2BLYB FY2023: $3.4BLYB FY2024: $2BLYB FY2025: $384MWLK FY2018: $707MWLK FY2019: $514MWLK FY2020: $772MWLK FY2021: $1.7BWLK FY2022: $2.3BWLK FY2023: $1.3BWLK FY2024: $306MWLK FY2025: -$530MFY18FY19FY20FY21FY22FY23FY24FY25
LYB $384MWLK -$530M

Fiscal years as each company reports them; the two may end in different months.

Questions about LyondellBasell Industries and Westlake

Which is bigger by revenue, LyondellBasell Industries or Westlake?

LyondellBasell Industries is bigger by revenue: $30.2B in fiscal 2025, against $11.2B for Westlake in fiscal 2025.

Which keeps more of its revenue as profit, LyondellBasell Industries or Westlake?

LyondellBasell Industries had a net margin of -2.4% in fiscal 2025; Westlake had -13.5% in fiscal 2025.

Which grew revenue faster, LyondellBasell Industries or Westlake?

In their latest fiscal years revenue changed by -9.7% at LyondellBasell Industries and -8.0% at Westlake.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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