LyondellBasell Industries N.V. (LYB) Revenue — Quarter Ended Sep 30, 2023
Revenue in the current quarter increased compared to the immediately preceding quarter, but declined sharply from the same quarter last year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue in the current quarter increased compared to the immediately preceding quarter, but declined sharply from the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.6B
Revenue reported for this quarter.
Quarter-over-quarter
+3.1%
Change from the immediately preceding quarter.
Year-over-year
-13.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$41.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $10.2B | -24.9% |
| Mar 31, 2023 | $10.2B | -20.2% |
| Jun 30, 2023 | $10.3B | -29.2% |
| Sep 30, 2023 | $10.6B | -13.3% |
Revenue performance
The sequential improvement signals a modest rebound from the recent downtrend, yet the year-over-year drop remains pronounced.
Quarterly comparison
Compared with the prior quarter, revenue rose; versus the same quarter one year earlier, revenue was lower.
What to watch
Sustainability of the sequential recovery will be key to assess upcoming performance.