LYB vs. MT: LyondellBasell Industries vs. ArcelorMittal Stock Comparison

November 11, 2026

How do LyondellBasell Industries (LYB) and ArcelorMittal (MT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

LyondellBasell Industries (LYB) and ArcelorMittal (MT) both fall under the Materials industry group, but LYB is classified in Chemicals while MT is classified in Metals & Mining.

LyondellBasell Industries (LYB) trades as ordinary local shares, while ArcelorMittal (MT) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Profile Item	LYB	MT
Name	LyondellBasell Industries N.V.	ArcelorMittal NY Registry Shares
Country/Region	Netherlands	Luxembourg
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Metals & Mining
GICS Sub-Industry	Commodity Chemicals	Steel
Market Capitalization	19.63 billion USD	45.85 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	April 28, 2010	August 7, 1997
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

LYB

GSPC

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for LyondellBasell Industries (LYB) and ArcelorMittal (MT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for LyondellBasell Industries (LYB) and ArcelorMittal (MT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
Total Return (1Y)	49.52%	65.49%
Total Return (3Y, Annualized)	-7.11%	45.03%
Total Return (5Y, Annualized)	-1.68%	16.55%

Risk Profile

Drawdown History

LYB

GSPC

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for LyondellBasell Industries (LYB) and ArcelorMittal (MT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

ArcelorMittal (MT) has an aggressive beta of 1.49, indicating higher sensitivity to broad-market moves, while LyondellBasell Industries (LYB) is defensive at 0.32 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
Volatility (1Y, Annualized)	42.84%	44.08%
Beta (5Y)	0.32	1.49
Max Drawdown (5Y)	-55.35%	-45.99%
Avg. Volume (3M)	3.62M	1.35M

Risk-Adjusted Performance

Risk-Return Positioning

LYB and MT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
Sharpe Ratio (1Y)	1.06	1.39
Sortino Ratio (1Y)	1.63	2.23

Profitability

ROE (TTM)

Both LyondellBasell Industries (LYB) at 12.18% and ArcelorMittal (MT) at 1.83% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

LYB

Materials industry group

12.18%

Max: 52.88%
Q3: 19.49%
LYB: 12.18%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

MT

Materials industry group

1.83%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
MT: 1.83%
Q1: -3.41%
Min: -32.81%

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Both LyondellBasell Industries (LYB) at 4.05% and ArcelorMittal (MT) at 1.64% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

LYB

Materials industry group

4.05%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
LYB: 4.05%
Q1: 0.00%
Min: -20.40%

MT

Materials industry group

1.64%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
MT: 1.64%
Q1: 0.00%
Min: -20.40%

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both LyondellBasell Industries (LYB) at 13.40% and ArcelorMittal (MT) at 6.16% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

LYB

Materials industry group

13.40%

Max: 66.70%
Q3: 28.92%
LYB: 13.40%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

MT

Materials industry group

6.16%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
MT: 6.16%
Q1: 3.28%
Min: -14.07%

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
ROE (TTM)	12.18%	1.83%
ROA (TTM)	5.36%	1.31%
Net Margin (TTM)	4.05%	1.64%
Operating Margin (TTM)	13.40%	6.16%
Gross Margin (TTM)	14.56%	8.16%

Growth

Revenue Growth

Both LyondellBasell Industries (LYB) at -9.71% and ArcelorMittal (MT) at -1.74% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their Revenue Growth across different time periods.

EPS Growth

ArcelorMittal (MT) at 143.20% sits in the top EPS growth quartile, while LyondellBasell Industries (LYB) at -156.39% is in the bottom quartile, showing a clear gap in earnings momentum.

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
Revenue Growth (YoY)	-9.71%	-1.74%
Revenue Growth (3Y CAGR)	-15.77%	-8.41%
EPS Growth (YoY)	-156.39%	143.20%
EPS Growth (3Y CAGR)	--	-26.09%

Financial Strength

Current Ratio (MRQ)

LyondellBasell Industries (LYB) at 1.78 keeps current ratio within its industry’s typical mid-range, while ArcelorMittal (MT) at 1.41 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MT.

LYB

Materials industry group

1.78

Max: 5.96
Q3: 3.30
Median: 2.24
LYB: 1.78
Q1: 1.45
Min: 0.16

MT

Materials industry group

1.41

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
MT: 1.41
Min: 0.16

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

ArcelorMittal (MT) at 0.24 carries an industry-typical debt-to-equity mix, while LyondellBasell Industries (LYB) at 1.21 uses more debt funding than most peers.

LYB

Materials industry group

1.21

Max: 1.98
LYB: 1.21
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

MT

Materials industry group

0.24

Max: 1.98
Q3: 0.89
Median: 0.47
MT: 0.24
Q1: 0.13
Min: 0.00

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
Current Ratio (MRQ)	1.78	1.41
Debt / Equity (MRQ)	1.21	0.24
Net Debt / EBITDA	2.47	2.08

Dividends

Dividend Yield (TTM)

ArcelorMittal (MT) at 0.99% pays an industry-typical yield; LyondellBasell Industries (LYB) at 5.58% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

LYB

Materials industry group

5.58%

LYB: 5.58%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

MT

Materials industry group

0.99%

Max: 4.52%
Q3: 1.85%
MT: 0.99%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both LyondellBasell Industries (LYB) at 83.29% and ArcelorMittal (MT) at 52.92% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

LYB

Materials industry group

83.29%

Max: 83.62%
LYB: 83.29%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

MT

Materials industry group

52.92%

Max: 83.62%
MT: 52.92%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
Dividend Yield (TTM)	5.58%	0.99%
Dividend Payout Ratio (TTM)	83.29%	52.92%

Valuation

P/E Ratio (TTM)

LyondellBasell Industries (LYB) at 14.70 is near its industry’s usual P/E ratio, while ArcelorMittal (MT) at 44.51 sits in the richer quartile — MT needs stronger growth or earnings quality to justify the premium.

LYB

Materials industry group

14.70

Max: 59.00
Q3: 32.93
Median: 18.82
LYB: 14.70
Q1: 11.96
Min: 3.93

MT

Materials industry group

44.51

Max: 59.00
MT: 44.51
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Both LyondellBasell Industries (LYB) at 0.61 and ArcelorMittal (MT) at 0.72 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

LYB

Materials industry group

0.61

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
LYB: 0.61
Min: 0.00

MT

Materials industry group

0.72

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
MT: 0.72
Min: 0.00

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both LyondellBasell Industries (LYB) at 1.74 and ArcelorMittal (MT) at 1.70 are valued close to their industries’ norm against book — neither stands out from peers.

LYB

Materials industry group

1.74

Max: 6.59
Q3: 3.55
Median: 2.08
LYB: 1.74
Q1: 1.26
Min: -0.17

MT

Materials industry group

1.70

Max: 6.59
Q3: 3.55
Median: 2.08
MT: 1.70
Q1: 1.26
Min: -0.17

LyondellBasell Industries (LYB) vs. ArcelorMittal (MT): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for LyondellBasell Industries (LYB) and ArcelorMittal (MT)
Metric	LYB	MT
P/E Ratio (TTM)	14.70	44.51
P/S Ratio (TTM)	0.61	0.72
P/B Ratio (MRQ)	1.74	1.70
Free Cash Flow Yield (TTM)	9.06%	-1.75%