GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LyondellBasell Industries NV (NYSE:LYB) » Definitions » EBIT

LyondellBasell Industries NV (LyondellBasell Industries NV) EBIT : $3,104 Mil (TTM As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is LyondellBasell Industries NV EBIT?

LyondellBasell Industries NV's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $300 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $3,104 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LyondellBasell Industries NV's annualized ROC % for the quarter that ended in Dec. 2023 was 8.19%. LyondellBasell Industries NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. LyondellBasell Industries NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.38%.


LyondellBasell Industries NV EBIT Historical Data

The historical data trend for LyondellBasell Industries NV's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LyondellBasell Industries NV EBIT Chart

LyondellBasell Industries NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,399.00 1,912.00 7,305.00 5,063.00 3,104.00

LyondellBasell Industries NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 474.00 758.00 1,020.00 1,026.00 300.00

Competitive Comparison of LyondellBasell Industries NV's EBIT

For the Specialty Chemicals subindustry, LyondellBasell Industries NV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LyondellBasell Industries NV's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LyondellBasell Industries NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where LyondellBasell Industries NV's EV-to-EBIT falls into.



LyondellBasell Industries NV EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,104 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LyondellBasell Industries NV  (NYSE:LYB) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

LyondellBasell Industries NV's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2224 * ( 1 - -3.91% )/( (27935 + 28489)/ 2 )
=2310.9584/28212
=8.19 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

LyondellBasell Industries NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1200/( ( (16703 + max(4151, 0)) + (17076 + max(3238, 0)) )/ 2 )
=1200/( ( 20854 + 20314 )/ 2 )
=1200/20584
=5.83 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3704 + 4911 + 1643) - (6107 + 0 + 0)
=4151

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3356 + 4765 + 1008) - (5121 + 175 + 595)
=3238

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

LyondellBasell Industries NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3104/42050.764
=7.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LyondellBasell Industries NV EBIT Related Terms

Thank you for viewing the detailed overview of LyondellBasell Industries NV's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


LyondellBasell Industries NV (LyondellBasell Industries NV) Business Description

Traded in Other Exchanges
Address
Delftseplein 27E, 4th Floor, Rotterdam, ZH, NLD, 3013 AA
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production come from its North American operations.
Executives
Jeffrey A Kaplan officer: EVP & Chief Legal Officer C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Ai Investments Holdings Llc 10 percent owner 730 FIFTH AVENUE, NEW YORK NY 10019
Rita E Griffin director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Trisha L Conley officer: EVP, People and Culture C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Tracey D Campbell officer: EVP, Sustainability & Corp Aff C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Van Der Laan Yvonne officer: EVP, Circular & Low Carbon Sol C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Michael C. Mcmurray officer: EVP & CFO C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Jagjeet S. Bindra director 2244 WALNUT GROVE AVENUE, P.O. BOX 800, ROSEMEAD CA 91770
James D Guilfoyle officer: SVP, Global I&D C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Virginia A Kamsky director C/O KAMSKY ASSOCIATES, INC., 563 PARK AVENUE, NEW YORK NY 10065
James Malcolm Seward officer: SVP, R&D, Tech & Sustain. C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Vanacker Peter Z. E. director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Buchanan Robin W.t. director STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Chukwuemeka A. Oyolu officer: SVP, CAO & Investor Relations 3010 BRIARPARK DRIVE, HOUSTON TX 77042