• LyondellBasell Industries average return on tangible equity for 2023 was 22.98, a 54.65% decline from 2022.
• LyondellBasell Industries average return on tangible equity for 2022 was 50.67, a 22.48% decline from 2021.
• LyondellBasell Industries average return on tangible equity for 2021 was 65.36, a 86.16% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.