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

LyondellBasell Industries brought in $30.2B of revenue in fiscal 2025, Westlake Chemical Partners $1.2B in fiscal 2025. Revenue changed by -9.7% at LyondellBasell Industries and +2.7% at Westlake Chemical Partners on the year before, so Westlake Chemical Partners grew faster. LyondellBasell Industries kept -2.4% of its revenue as net profit, Westlake Chemical Partners 4.2%. Free cash flow was $384M at LyondellBasell Industries and $201.7M at Westlake Chemical Partners.

Side by side, latest fiscal year

LYBWLKP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$30.2B$1.2B
Revenue growth-9.7%+2.7%
Net income-$738M$48.7M
Net margin-2.4%4.2%
Free cash flow$384M$201.7M
Free cash flow margin1.3%17.3%
Earnings per share (diluted)-$2.34n/a
Cash$3.4B$44.3M
Debt$12.7Bn/a
Price to earningsn/an/a
Market value$18.8B$761.3M
Dividend yield9.37%n/a
Rank by revenue in sector#21 of 451 · Industrials#260 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: $30.2BWLKP FY2018: $1.3BWLKP FY2019: $1.1BWLKP FY2020: $966.7MWLKP FY2021: $1.2BWLKP FY2022: $1.6BWLKP FY2023: $1.2BWLKP FY2024: $1.1BWLKP FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
LYB $30.2BWLKP $1.2B
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: -$738MWLKP FY2018: $49.3MWLKP FY2019: $61MWLKP FY2020: $66.2MWLKP FY2021: $82.5MWLKP FY2022: $64.2MWLKP FY2023: $54.3MWLKP FY2024: $62.4MWLKP FY2025: $48.7MFY18FY19FY20FY21FY22FY23FY24FY25
LYB -$738MWLKP $48.7M
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%WLKP FY2018: 3.8%WLKP FY2019: 5.6%WLKP FY2020: 6.8%WLKP FY2021: 6.8%WLKP FY2022: 4.0%WLKP FY2023: 4.6%WLKP FY2024: 5.5%WLKP FY2025: 4.2%FY18FY19FY20FY21FY22FY23FY24FY25
LYB -2.4%WLKP 4.2%
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%WLKP FY2019: -15.1%WLKP FY2020: -11.5%WLKP FY2021: +25.7%WLKP FY2022: +31.1%WLKP FY2023: -25.3%WLKP FY2024: -4.6%WLKP FY2025: +2.7%FY19FY20FY21FY22FY23FY24FY25
LYB -9.7%WLKP +2.7%
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: $384MWLKP FY2018: $396.3MWLKP FY2019: $407.1MWLKP FY2020: $336.4MWLKP FY2021: $327.3MWLKP FY2022: $409.6MWLKP FY2023: $405.2MWLKP FY2024: $436MWLKP FY2025: $201.7MFY18FY19FY20FY21FY22FY23FY24FY25
LYB $384MWLKP $201.7M

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

Questions about LyondellBasell Industries and Westlake Chemical Partners

Which is bigger by revenue, LyondellBasell Industries or Westlake Chemical Partners?

LyondellBasell Industries is bigger by revenue: $30.2B in fiscal 2025, against $1.2B for Westlake Chemical Partners in fiscal 2025.

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

LyondellBasell Industries had a net margin of -2.4% in fiscal 2025; Westlake Chemical Partners had 4.2% in fiscal 2025.

Which grew revenue faster, LyondellBasell Industries or Westlake Chemical Partners?

In their latest fiscal years revenue changed by -9.7% at LyondellBasell Industries and +2.7% at Westlake Chemical Partners.

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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