LyondellBasell Industries (LYB) Tax Rate (2010 - 2026)
LyondellBasell Industries (LYB) recorded Tax Rate of 29.21% in Q2 2026, down 1.60 percentage points from 30.80% a year earlier but up 30.62 percentage points from the prior quarter.
LyondellBasell Industries (LYB) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, LyondellBasell Industries' Tax Rate came in at -414.58% as of Jun 30, 2026, down 415.09 percentage points year-over-year; for FY2025, it was -9.79%, down 25.02 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -6.69 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 15.23% in FY2024 (-3.61 pp), 18.83% in FY2023 (+0.37 pp), 18.47% in FY2022 (+1.33 pp) and 17.14% in FY2021 (+20.24 pp).
- Quarterly Tax Rate has ranged from -1.41% in Q1 2026 to 61.02% in Q1 2025 over the past five years.
- On a year-over-year basis, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of -8.85 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 41.72 percentage points in Q1 2025, against a drop of 150.83 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.41% (Q1 2026), 5.63% (Q4 2025) and 3.15% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 20.01% |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn | 22.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.21% |
| Jun 30, 2025 | 30.80% |
| Mar 31, 2025 | 61.02% |
| Sep 30, 2024 | 18.95% |
| Jun 30, 2024 | 20.77% |
| Mar 31, 2024 | 19.30% |
| Sep 30, 2023 | 16.98% |
| Jun 30, 2023 | 20.50% |
| Mar 31, 2023 | 26.01% |
| Dec 31, 2022 | 8.74% |
| Sep 30, 2022 | 20.45% |
| Jun 30, 2022 | 18.69% |
| Mar 31, 2022 | 19.30% |
| Dec 31, 2021 | 15.59% |
| Sep 30, 2021 | 20.41% |
| Jun 30, 2021 | 19.74% |
| Mar 31, 2021 | 6.13% |
| Dec 31, 2020 | 4.35% |
| Mar 31, 2020 | 34.40% |
| Dec 31, 2019 | 18.62% |
LyondellBasell Industries Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LYB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LYB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LYB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();