DOW vs LYB
DOW Inc. and LyondellBasell Industries N.v., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DOW | LYB |
|---|---|---|
| Revenue | $40.0B | $30.2B |
| Net income | $-2.4B | $-738.0M |
| Gross margin | 6.3% | 8.5% |
| Net margin | −6.1% | −2.4% |
| Return on equity | −14.7% | −6.5% |
| Diluted EPS | −$3.70 | −$2.34 |
| Dividend / share | $2.10 | $5.45 |
| Payout ratio | −61.0% | −239.0% |
| Free cash flow | $-1.4B | $384.0M |
| Equity | $16.0B | $10.1B |
| Net debt / equity | 0.88× | 0.88× |
| Current ratio | 1.97× | 1.77× |
| Revenue CAGR 5y | 0.7% | 1.7% |
| Profit CAGR 5y | · | · |
DOW bills 1.3× the revenue of LYB, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | DOW | LYB |
|---|---|---|
| FY2025 | $40.0B | $30.2B |
| FY2024 | $43.0B | $33.4B |
| FY2023 | $44.6B | $33.3B |
| FY2022 | $56.9B | $50.5B |
| FY2021 | $55.0B | $46.2B |
| FY2020 | $38.5B | $27.8B |
| FY2019 | $43.0B | $34.7B |
| FY2018 | $49.6B | $39.0B |
| FY2017 | $43.7B | $34.5B |
Bottom line
| Fiscal year | DOW | LYB |
|---|---|---|
| FY2025 | $-2.4B | $-738.0M |
| FY2024 | $1.2B | $1.4B |
| FY2023 | $660.0M | $2.1B |
| FY2022 | $4.6B | $3.9B |
| FY2021 | $6.4B | $5.6B |
| FY2020 | $1.3B | $1.4B |
| FY2019 | $-1.3B | $3.4B |
| FY2018 | $4.8B | $4.7B |
| FY2017 | $595.0M | $4.9B |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,815,000,000 | DOW |
| FY2024 | +$9,570,000,000 | DOW |
| FY2023 | +$11,286,000,000 | DOW |
| FY2022 | +$6,451,000,000 | DOW |
| FY2021 | +$8,795,000,000 | DOW |
| FY2020 | +$10,789,000,000 | DOW |
| FY2019 | +$8,224,000,000 | DOW |
| FY2018 | +$10,600,000,000 | DOW |
| FY2017 | +$9,246,000,000 | DOW |
DOW has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 15 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.7 pp | LYB |
| FY2024 | −1.3 pp | LYB |
| FY2023 | −4.9 pp | LYB |
| FY2022 | +0.4 pp | DOW |
| FY2021 | −0.5 pp | LYB |
| FY2020 | −1.8 pp | LYB |
| FY2019 | −12.7 pp | LYB |
| FY2018 | −2.4 pp | LYB |
| FY2017 | −12.8 pp | LYB |
The higher net margin has changed hands between DOW and LYB over this period.
9 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DOW's net margin has been more volatile than LYB's over the 9 comparable fiscal years — 5.5 percentage points of standard deviation against 4.8.
9 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DOW and LYB over these 9 fiscal years — DOW led in 1 and LYB in 8.
9 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LYB's return on equity has been more volatile than DOW's over the 9 comparable fiscal years — 22.0 percentage points of standard deviation against 15.6.
9 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LYB led in return on equity in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 15 comparable fiscal years — a year missing data on either side is not counted.