LyondellBasell
LYB
$101.45
Share price
1.71%
Change (1 day)
10.57%
Change (1 year)
Categories
Operating Margin for LyondellBasell (LYB)
Operating Margin as of May 2024 (TTM): 7.08%
According to LyondellBasell's latest financial reports and stock price the company's current Operating Margin is 7.08%. At the end of 2022 the company had an Operating Margin of 9.47%.
Operating Margin history for LyondellBasell from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.47% | -35.59% |
| 2021 | 14.70% | 194.29% |
| 2020 | 4.99% | -57.2% |
| 2019 | 11.67% | -14.31% |
| 2018 | 13.62% | -14.52% |
| 2017 | 15.93% | -11.17% |
| 2016 | 17.93% | -5.46% |
| 2015 | 18.97% | 51.45% |
| 2014 | 12.52% | 10.46% |
| 2013 | 11.34% | 22.87% |
| 2012 | 9.23% | 47.72% |
| 2011 | 6.25% | -71.66% |
| 2010 | 22.04% | -258.85% |
| 2009 | -13.87% | -14.04% |
| 2008 | -16.14% | -393.96% |
| 2007 | 5.49% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Celanese CE | 5.71% | -19.35% | 🇺🇸 USA |
 Dow DOW | 4.98% | -29.66% | 🇺🇸 USA |
 Dupont De Nemours DD | 11.19% | 58.05% | 🇺🇸 USA |
 Westlake Chemical
WLK | 12.22% | 72.60% | 🇺🇸 USA |
 Sasol SSL | 20.14% | 184.46% | 🇿🇦 South Africa |
 Braskem BAK | -0.71% | -110.03% | 🇧🇷 Brazil |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.