Discontinued — last reported Q4 '24

Business Segments · Cost of Sales

Refining — Cost of Sales

LyondellBasell Industries N.V. Refining — Cost of Sales remained flat by 0.0% to $2.16B in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 7.7%, from $2.34B to $2.16B. Over 2 years (FY 2022 to FY 2024), Refining — Cost of Sales shows a downward trend with a -10.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2024

How to read this metric

Increasing costs relative to revenue indicate margin compression due to rising input prices or operational inefficiencies.

Detailed definition

The direct costs attributable to the production of refined goods, including raw material inputs, labor, and energy costs...

Peer comparison

Standard cost metric used across all manufacturing and industrial sectors.

Metric ID: lyb_segment_refining_cost_of_sales

Historical Data

3 years
 FY'22FY'23FY'24
Value$10.88B$9.36B$8.64B
YoY Change-14.0%-7.7%
Range$8.64B$10.88B
CAGR-10.9%
Avg YoY Growth-10.8%
Median YoY Growth-10.8%
Current Streak2+ years decline

Frequently Asked Questions

What is LyondellBasell Industries N.V.'s refining — cost of sales?
LyondellBasell Industries N.V. (LYB) reported refining — cost of sales of $2.16B in Q4 2024.
How has LyondellBasell Industries N.V.'s refining — cost of sales changed year-over-year?
LyondellBasell Industries N.V.'s refining — cost of sales decreased by 7.7% year-over-year, from $2.34B to $2.16B.
What is the long-term trend for LyondellBasell Industries N.V.'s refining — cost of sales?
Over 2 years (2022 to 2024), LyondellBasell Industries N.V.'s refining — cost of sales has grown at a -10.9% compound annual growth rate (CAGR), from $10.88B to $8.64B.
What does refining — cost of sales mean?
The direct costs required to produce the goods sold by the refining segment.