LyondellBasell Reports Strong Q3 2026 Results Driven by Record Intermediates and Derivatives Profitability
LyondellBasell (LYB) reported a significant turnaround in its third quarter of 2026, posting a net income of $758 million and non-GAAP EPS of $2.54. This marks a substantial recovery compared to the net loss recorded during the same period in 2025. The company's revenue rose to $8.5 billion, supported by an 18% EBITDA margin fueled by record performance in its Intermediates and Derivatives (I&D) segment. Financial health remains robust with free cash flow reaching $1.4 billion and total liquidity increasing to $7.7 billion. While the Olefins and Polyolefins Americas segment faced pressure from lower polymer prices, the successful restart of Bayport operations and higher oxyfuel margins bolstered overall results. The company is also progressing with its Value Enhancement Program and a planned Houston refinery sale expected to close by year-end 2026.
Tickers: $LYB
Topics: EBITDA Free Cash Flow Net Income Revenue Growth Segment Performance