LyondellBasell Industries NV (MEX:LYBN) Research & Development: MXN2,526 Mil (TTM As of Mar. 2026)


MEX:LYBN LyondellBasell Industries NV MEX:LYBN
64 GF Score
Price MXN1,034.37
GF Value MXN1,326.51
Valuation Modestly Undervalued
! 7 Warning Signs
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What is LyondellBasell Industries NV Research & Development?

LyondellBasell Industries NV MEX:LYBN 64 Research & Development is MXN2,526 Mil as of Mar. 2026. GuruFocus rates MEX:LYBN with a GF Score™ of 64/100 and a GF Value™ of MXN1,326.51 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. LyondellBasell Industries NV's Research & Development for the three months ended in Mar. 2026 was MXN649 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,526 Mil.

LyondellBasell Industries NV  (MEX:LYBN) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

LyondellBasell Industries NV Research & Development Related Terms

LyondellBasell Industries NV Research & Development Historical Data

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The historical data trend for LyondellBasell Industries NV's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LyondellBasell Industries NV Research & Development Chart

LyondellBasell Industries NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,543.74 2,417.50 2,206.65 2,815.52 2,448.78

LyondellBasell Industries NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 695.58 659.02 623.70 594.19 649.18
MEX:LYBN
64GF Score
LyondellBasell Industries NV MEX:LYBN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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LyondellBasell Industries NV Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,526 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN2,526 Mil mean?
LyondellBasell Industries NV (MEX:LYBN) has a Research & Development of MXN2,526 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on LyondellBasell Industries NV and its competitors.
Is LyondellBasell Industries NV's Research & Development too high?
LyondellBasell Industries NV's current Research & Development is MXN2,526 Mil. Overall, LyondellBasell Industries NV has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LyondellBasell Industries NV's Research & Development compare to ALB and DD?
LyondellBasell Industries NV's Research & Development of MXN2,526 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on LyondellBasell Industries NV and its competitors. LyondellBasell Industries NV's current Research & Development is MXN2,526 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LyondellBasell Industries NV stock overvalued right now?
Based on GuruFocus' analysis, LyondellBasell Industries NV (MEX:LYBN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,326.51, compared to a current price of MXN1,034.37 — trading 22% below its estimated fair value. The current Research & Development is MXN2,526 Mil. LyondellBasell Industries NV's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For LyondellBasell Industries NV (MEX:LYBN), the current Research & Development is MXN2,526 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LyondellBasell Industries NV (MEX:LYBN) Overvalued in 2026?

Based on GuruFocus' analysis, LyondellBasell Industries NV stock appears to be undervalued. The current stock price of MXN1,034.37 is trading 22% below its estimated GF Value™ of MXN1,326.51. GuruFocus considers LyondellBasell Industries NV to be Modestly Undervalued.

Key valuation signals for MEX:LYBN:

  • Research & Development: MXN2,526 Mil
  • GF Value™: MXN1,326.51 vs. price of MXN1,034.37 (22% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the MEX:LYBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

LyondellBasell Industries NV Business Description

Address One Vine Street, 4th Floor, London, GBR, W1J0AH
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production comes from its North American operations.
64GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,034.37
Price
MXN1,326.51
GF Value