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Johnson Matthey vs LyondellBasell Industries N.V.: Which Stock Looks Stronger in 2026?

The structural profiles are close, with LyondellBasell Industries carrying a narrow edge on growth. The remaining gap is narrow enough that the comparison remains open to different readings. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (JMAT.L: STOXX 600, LYB: Russell 1000).

Updated 2026-08-16

The comparison stays tight enough that no single part of the profile fully breaks it open.

INDUSTRY COMPARISON

Both operate in: Specialty Chemicals

This comparison is based on industry proximity, not on functional trajectory similarity. JMAT.L and LYB share the same industry classification.

For a similarity-based comparison, see how Johnson Matthey and LyondellBasell Industries each position within their functional peer groups in AssetNext.

Peer-Relative Score
JMAT.L
Johnson Matthey Plc
58
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
LYB
LyondellBasell Industries N.V.
62
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: JMAT.L vs LYB Profitability 28 33 Stability 48 47 Valuation 86 88 Growth 71 81 JMAT.L LYB
Gap Ranking
#1 Growth +10
#2 Profitability +5
#3 Valuation +2
#4 Stability +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for JMAT.L and LYB Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer JMAT.LLYB Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Johnson Matthey Plc.

Valuation position uses Forward P/E where available.

Entry today — historical context

Where JMAT.L and LYB each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY JMAT.L Elevated · above norm 0th 50th 100th 63 pct gap LYB Lower · near norm 0th 50th 100th 88th 26th
Today LYB sits in the lower-middle of its own 5-year history (26th percentile), while JMAT.L sits higher in its own history (88th). Within each stock's own 5-year context, LYB is at a historically more favourable entry position than JMAT.L. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
Both look solid on growth, though LyondellBasell Industries N.V. still holds the stronger peer position.
Growth — Dominant Gap
JMAT.L
71
LYB
81
Gap+10in favour of LYB

The clearest distance comes from a stronger growth profile.

What keeps the gap from being one-sided

Johnson Matthey Plc still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

The lead is visible, but the profile still looks more expectation-driven than a fully settled winner.

Explore full peer positioning in AssetNext

Break down the JMAT.L vs LYB comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other close comparisons

Explore how JMAT.L and LYB each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.