Top 20 Global Chemical Companies by Revenue in 2025

Europe BASF Group announced its 2025 financial results. Full-year sales revenue amounted to €59.657 billion (approximately $70 billion), down from €61.444 billion in the prior year. Full-year EBIT stood at €1.634 billion, compared to €1.81 billion in the prior year. Full-year net income attributable to shareholders totaled €1.313 billion, up from €602 million in the prior year. LyondellBasell announced its Q4 and full-year 2025 results. Q4 sales and other revenue totaled $7.091 billion, down from $7.808 billion in the same period last year. Q4 net loss was $140 million, compared to a net loss of $890 million in the prior-year quarter. Full-year sales and other revenue amounted to $30.153 billion, down from $33.394 billion in the prior year. Full-year net loss was $738 million, versus net income of $1.367 billion in the prior year. INEOS GROUP HOLDINGS announced its 2025 financial results. Full-year revenue totaled €14.299 billion (approximately $16.8 billion), down from €16.18 billion in the prior year. Full-year operating profit was €102 million, down from €1.113 billion in the prior year. Full-year net loss was €659 million, versus a net loss of €150 million in the prior year. Evonik Group announced its Q4 and full-year 2025 results. Q4 group sales totaled €3.403 billion (approximately $3.99 billion), down 5% year-on-year from €3.599 billion. Adjusted EBITDA for the quarter was €357 million, down 8% year-on-year from €388 million. Net profit for the quarter was €18 million, versus a net loss of €152 million in the prior-year quarter. Full-year group sales totaled €14.069 billion (approximately $16.5 billion), down 7% year-on-year from €15.157 billion. Full-year adjusted EBITDA was €1.874 billion, down 9% year-on-year from €2.065 billion. Full-year net profit was €277 million, up 19% year-on-year from €240 million. Covestro announced its 2025 financial results. Full-year sales totaled €12.942 billion (approximately $15.2 billion), down 8.7% year-on-year from €14.179 billion. Full-year EBITDA was €740 million, down 30.9% year-on-year from €1.071 billion. Full-year net loss was €644 million, versus a net loss of €266 million in the prior year. Sika, the Swiss industrial and construction chemicals manufacturer, announced its 2025 financial results. Full-year net sales totaled CHF 11.2 billion (approximately $14.3 billion), down 4.8% year-on-year from CHF 11.763 billion. Full-year EBITDA was CHF 2.065 billion, down 9% year-on-year from CHF 2.27 billion. Full-year net profit was CHF 1.045 billion, down 16.2% year-on-year from CHF 1.248 billion. Henkel announced its Q4 and full-year 2025 financial results.

How did international petrochemical companies perform in 2024? What were the highlights of their earnings reports?

DuPont In 2024, the company’s net sales reached $12.386 billion, up 3% year-on-year; operating EBITDA was $3.144 billion, up 7% year-on-year. Eastman In 2024, the company’s sales revenue was $9.382 billion, versus $9.210 billion in 2023; EBIT was $1.278 billion, versus $1.302 billion in 2023; adjusted EBIT was $1.298 billion, versus $1.097 billion in 2023; cash flow from operating activities was $1.287 billion, versus $1.374 billion in 2023. ExxonMobil In 2024, the company’s profit was $33.68 billion, down 6.5% year-on-year. Honeywell In 2024, the company’s sales were $38.498 billion, up 5% year-on-year; organic sales growth was 3% (4% excluding the impact of the Bombardier agreement); operating income grew 5%, while operating margin remained unchanged; segment profit rose 1% (6% excluding the Bombardier agreement); segment margin contracted by 90 basis points (20 basis points excluding the Bombardier agreement); EPS was $8.71, up 3% year-on-year; adjusted EPS rose 4% to $9.89. Kemira In 2024, the company’s operating income was €2.9487 billion, down 13% year-on-year; EBITDA was €550.7 million, up 2% year-on-year; EBIT was €363.2 million, up 8% year-on-year; cash flow from operating activities totaled €484.6 million, versus €546 million in 2023; diluted EPS reached a record €7.67, up 25% year-on-year. LG Chem In 2024, the company’s operating profit was KRW 916.8 billion, down 63.75% year-on-year. Linde In 2024, the company’s sales were $33.0 billion, flat year-on-year, with underlying sales growth of 2%; operating profit was $8.6 billion, and adjusted operating profit was $9.7 billion, up 7% year-on-year; adjusted operating profit margin was 29.5%, up 190 basis points; diluted EPS was $13.62, and adjusted diluted EPS was $15.51, up 9% year-on-year. LyondellBasell (LYB) In 2024, the company’s net income was $1.4 billion, and adjusted net income was $2.1 billion; EBITDA was $3.5 billion, and adjusted EBITDA was $4.3 billion; cash flow from operating activities was $3.8 billion. 3M In 2024, the company’s sales were $24.6 billion, down 0.1% year-on-year; adjusted sales were $23.6 billion, up 1.3% year-on-year; operating margin was 19.6%; GAAP EPS was $7.26, and adjusted EPS was $7.30, up 21% year-on-year; adjusted free cash flow was $4.9 billion. PPG In 2024, the company’s net sales from continuing operations were $15.8 billion; diluted EPS was $5.72, and adjusted EPS was $7.87, up 6% year-on-year; operating margin was 17.1%; business segment EBITDA margin was 19.9%, up 70 basis points year-on-year; corporate net profit margin was 8.5%; adjusted EBITDA margin was 18.1%, up 100 basis points year-on-year; operating cash flow was $1.4 billion.

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