PBF · Pbf Energy Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $29.33B | $33.12B | $38.32B | $46.83B | $27.25B | $15.12B |
| Cost of Revenue | $29.90B | $33.49B | $35.93B | $42.15B | $26.37B | $16.75B |
| Gross Profit | ($571.00M) | ($372.20M) | $2.40B | $4.68B | $887.20M | ($1.63B) |
| R&D | - | - | - | - | - | - |
| SG&A | $332.30M | $260.40M | $362.50M | $468.70M | $247.30M | $248.50M |
| Total Operating Expenses | $29.39B | $33.81B | $35.37B | $42.68B | $26.66B | $16.53B |
| D&A | $371.60M | $358.30M | $314.40M | $262.00M | $221.10M | $325.90M |
| Operating Income | ($54.30M) | ($699.00M) | $2.95B | $4.15B | $597.20M | ($1.42B) |
| Interest Expense | $181.60M | $72.00M | $63.80M | $246.00M | $317.50M | $258.20M |
| Income Tax | ($74.10M) | ($228.40M) | $723.80M | $584.80M | $12.10M | $2.10M |
| Net Income | ($158.50M) | ($533.80M) | $2.14B | $2.88B | $231.00M | ($1.39B) |
| EPS - Basic | ($1.39) | ($4.59) | $17.13 | $23.47 | $1.92 | ($11.64) |
| EPS - Diluted | ($1.39) | ($4.60) | $16.52 | $22.84 | $1.90 | ($11.64) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $527.90M | $536.10M | $1.78B | $2.20B | $1.34B | $1.61B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $2.56B | $2.60B | $3.18B | $2.76B | $2.51B | $1.69B |
| Accounts Payable | $801.20M | $735.60M | $959.00M | $854.60M | $911.70M | $407.00M |
| Current Assets | $4.45B | $4.54B | $6.60B | $6.55B | $5.20B | $3.87B |
| Total Assets | $13.02B | $12.70B | $14.39B | $13.55B | $11.64B | $10.50B |
| Current Liabilities | $3.67B | $3.63B | $4.22B | $5.20B | $3.76B | $2.45B |
| Long-term Debt | $2.15B | $1.46B | $1.25B | $1.43B | $4.30B | $4.65B |
| Total Liabilities | $7.57B | $7.02B | $7.76B | $8.49B | $9.11B | $8.30B |
| Stockholders' Equity | $5.32B | $5.54B | $6.49B | $4.93B | $1.93B | $1.64B |
| Retained Earnings | $3.15B | $3.44B | $4.09B | $2.06B | ($796.10M) | ($1.03B) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($78.00M) | $43.40M | $1.34B | $4.77B | $477.30M | ($631.60M) |
| Investing Cash Flow | ($480.20M) | ($1.04B) | ($338.60M) | ($1.01B) | ($388.50M) | ($1.03B) |
| Financing Cash Flow | $550.00M | ($249.30M) | ($1.42B) | ($2.90B) | ($356.80M) | $2.45B |
| CapEx | $705.20M | $390.90M | $659.60M | $633.30M | $249.10M | $196.20M |
| Free Cash Flow | ($783.20M) | ($347.50M) | $678.90M | $4.14B | $228.20M | ($827.80M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | -1.9% | -1.1% | 6.3% | 10.0% | 3.3% | -10.8% |
| Operating margin | -0.2% | -2.1% | 7.7% | 8.9% | 2.2% | -9.4% |
| EBITDA margin | 1.1% | -1.0% | 8.5% | 9.4% | 3.0% | -7.2% |
| Net margin | -0.5% | -1.6% | 5.6% | 6.1% | 0.8% | -9.2% |
| Free cash flow margin | -2.7% | -1.0% | 1.8% | 8.8% | 0.8% | -5.5% |
| FCF / Net income | 4.94 | 0.65 | 0.32 | 1.44 | 0.99 | 0.59 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 1.1% | 0.8% | 0.9% | 1.0% | 0.9% | 1.6% |
| Effective tax rate | - | - | 25.3% | 16.9% | 5.0% | - |
| Return on assets | -1.2% | -4.2% | 14.9% | 21.2% | 2.0% | -13.3% |
| Return on equity | -3.0% | -9.6% | 33.0% | 58.4% | 12.0% | -84.8% |
| Return on invested capital | -0.6% | -7.9% | 28.5% | 54.2% | 9.1% | -17.8% |
| Liquidity | ||||||
| Current ratio | 1.21 | 1.25 | 1.56 | 1.26 | 1.38 | 1.58 |
| Quick ratio | 0.51 | 0.54 | 0.81 | 0.73 | 0.72 | 0.89 |
| Cash ratio | 0.14 | 0.15 | 0.42 | 0.42 | 0.36 | 0.66 |
| Leverage | ||||||
| Debt / Equity | 0.40 | 0.26 | 0.19 | 0.29 | 2.23 | 2.83 |
| Debt / Assets | 0.17 | 0.11 | 0.09 | 0.11 | 0.37 | 0.44 |
| Debt / EBITDA | 6.77 | - | 0.38 | 0.32 | 5.25 | - |
| Interest coverage | -0.3x | -9.7x | 46.3x | 16.9x | 1.9x | -5.5x |
| Equity multiplier | 2.45 | 2.29 | 2.22 | 2.75 | 6.04 | 6.39 |
| Liabilities / Assets | 0.58 | 0.55 | 0.54 | 0.63 | 0.78 | 0.79 |
| Efficiency | ||||||
| Asset turnover | 2.25 | 2.61 | 2.66 | 3.46 | 2.34 | 1.44 |
| Inventory turnover | 11.67 | 12.90 | 11.29 | 15.25 | 10.53 | 9.93 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 31d | 28d | 32d | 24d | 35d | 37d |
| Days payable outstanding | 10d | 8d | 10d | 7d | 13d | 9d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | 2.7x | 1.8x | 6.8x | - |
| P / B | 0.6x | 0.6x | 0.9x | 1.0x | 0.8x | 0.5x |
| P / S | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x |
| EV / EBITDA | 14.9x | - | 1.6x | 1.0x | 5.6x | - |
| Growth | ||||||
| Revenue growth (YoY) | -11.4% | -13.6% | -18.2% | 71.8% | 80.3% | -38.3% |
| Revenue CAGR (3y) | -14.4% | 6.7% | 36.4% | 24.1% | 7.7% | -1.7% |
| Revenue CAGR (5y) | 14.2% | 6.2% | 12.0% | 24.1% | 15.7% | - |
| Gross profit growth (YoY) | -53.4% | - | -48.7% | 427.3% | - | - |
| Operating income growth (YoY) | 92.2% | - | -28.9% | 595.4% | - | - |
| Net income growth (YoY) | 70.3% | - | -25.6% | 1145.4% | - | - |
| EPS growth (YoY) | 69.8% | - | -27.7% | 1102.1% | - | - |
| EPS CAGR (3y) | - | - | - | 105.3% | 20.0% | - |
| EPS CAGR (5y) | - | - | 71.9% | 43.7% | 1.8% | - |
| FCF growth (YoY) | -125.4% | - | -83.6% | 1713.6% | - | - |
| FCF CAGR (5y) | - | - | 5.5% | 61.3% | -8.4% | - |
| Book value growth (YoY) | -4.1% | -14.6% | 31.6% | 155.9% | 17.3% | -46.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$59.36B totalPriortoelimination$29.68B · 50.0%
Refining Group$29.30B · 49.4%
Logistics Group$383.50M · 0.6%
Product / service
$29.30B totalGasoline And Distillate$25.81B · 88.1%
Feedstocks And Other$1.35B · 4.6%
Asphaltand Residual Oil$1.26B · 4.3%
Chemicals$539.00M · 1.8%
Lubricants$330.30M · 1.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.78
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Petroleum Refining
Comparing PBF Energy Inc. against the 5 most active filers in the same SIC group.
Dividends
$1.10/share trailing 12 months · +2.3% YoY
| Ex-date | Per share |
|---|---|
| May 14, 2026 | $0.2750 |
| Feb 25, 2026 | $0.2750 |
| Nov 14, 2025 | $0.2750 |
| Aug 14, 2025 | $0.2750 |
| May 15, 2025 | $0.2750 |
| Feb 27, 2025 | $0.2750 |
| Nov 13, 2024 | $0.2750 |
| Aug 15, 2024 | $0.2500 |
| May 15, 2024 | $0.2500 |
| Feb 28, 2024 | $0.2500 |
| Nov 14, 2023 | $0.2500 |
| Aug 16, 2023 | $0.2000 |
| May 16, 2023 | $0.2000 |
| Feb 28, 2023 | $0.2000 |
| Nov 10, 2022 | $0.2000 |
| Feb 24, 2020 | $0.3000 |
| Nov 13, 2019 | $0.3000 |
| Aug 14, 2019 | $0.3000 |
| May 14, 2019 | $0.3000 |
| Feb 27, 2019 | $0.3000 |
| Nov 14, 2018 | $0.3000 |
| Aug 14, 2018 | $0.3000 |
| May 14, 2018 | $0.3000 |
| Feb 27, 2018 | $0.3000 |