LyondellBasell vs PPG Industries
LyondellBasell is the larger business, with $30.15bn of revenue in fiscal 2025 against $15.88bn for PPG Industries (1.9 times as much). PPG Industries grew faster (0.2% against -9.7%). PPG Industries kept more of each dollar of sales as profit: a net margin of 9.9% against -2.4%.
| Latest fiscal year | LyondellBasellLYB, 2025 | PPG IndustriesPPG, 2025 |
|---|---|---|
| Revenue | $30.15bn | $15.88bn |
| Revenue growth | -9.7% | 0.2% |
| Net income | −$738m | $1.58bn |
| Operating margin | -1.4% | — |
| Net margin | -2.4% | 9.9% |
| Return on equity | -6.5% | 21.4% |
| Free cash flow | $384m | $1.16bn |
| Cash | $3.44bn | $2.16bn |
| Total debt | $12.94bn | $8.01bn |
| Debt to equity | 128.3% | — |
| Dividend per share | — | $2.78 |
| Dividend yield | 5.2% | 2.3% |
| Share buybacks | $201m | $790m |
| Employees | 18,970 | 43,500 |
| Market value | $21.38bn | $27.01bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 46 (Moderate) | 71 (Strong) |
| Insider trades, 12 months | 1 buys, 7 sales | 4 buys, 8 sales |