PBF Energy Inc. (PBF)

PBF Energy Inc., through its subsidiaries, engages in the refining and supplying of petroleum products. It operates through two segments, Refining and Logistics. The company produces gasoline, ultra-low-sulfur diesel, heating oil, jet fuel, lubricants, petrochemicals, and asphalt; diesel fuel; and unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. It sells its products in the Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, Mexico, and internationally. The company is also involved in the provision of various rail, truck, and marine terminaling services; and pipeline transportation and storage services. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

Symbol
PBF
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Market cap
$8.46B
52 week range
25.62 - 82.61

Valuation

Share price
$70.47 (close of 2026-09-23)
P/E (TTM)
6.19x
Price to book
1.29x
Price to free cash flow
11.38x
Enterprise value
$10.08B
Book value per share
$55.30

Price performance

PeriodChange
1 day-2.77%
5 days-5.69%
1 month-4.16%
3 months+73.19%
6 months+51.26%
Year to date+159.85%
1 year+122.02%
3 years+30.59%
5 years+588.19%
10 years+223.11%
All time+168.45%

Profitability and growth

Return on equity
-2.91%
Return on invested capital
-0.35%
Return on assets
-1.22%
Return on capital employed
-0.58%
Gross margin
-1.95%
Net margin
-0.54%
EBITDA margin
2.07%
Revenue growth
-11.42%
Net income growth
70.31%
Free cash flow growth
-125.38%

Cash flow and balance sheet

Free cash flow yield (TTM)
8.78%
Current ratio
1.33x
Net debt to EBITDA
0.61x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$29.33B
Cost of revenue
$29.90B
Gross profit
$-571.00M
EBITDA
$608.50M
Net income
$-158.50M
Earnings per share
$-1.39
Interest expense
$181.60M
Shares outstanding
114.05M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$29.33B$-571.00M$-158.50M$-1.39
2024-12-31$33.12B$-372.20M$-533.80M$-4.59
2023-12-31$38.32B$2.40B$2.14B$17.13
2022-12-31$46.83B$4.68B$2.88B$23.47
2021-12-31$27.25B$887.20M$231.00M$1.92
2020-12-31$15.12B$-1.63B$-1.39B$-11.64
2019-12-31$24.51B$913.10M$319.40M$2.66
2018-12-31$27.19B$602.60M$128.30M$1.11
2017-12-31$21.79B$960.60M$415.60M$3.78
2016-12-31$15.92B$682.99M$170.81M$1.74

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-1.95%-0.54%-2.91%-0.35%
2024-12-31-1.12%-1.61%-9.40%-6.31%
2023-12-316.26%5.59%32.28%32.32%
2022-12-319.99%6.14%56.90%64.95%
2021-12-313.26%0.85%9.12%9.43%
2020-12-31-10.78%-9.21%-63.22%-22.99%
2019-12-313.73%1.30%8.91%10.54%
2018-12-312.22%0.47%3.95%6.72%
2017-12-314.41%1.91%14.32%9.23%
2016-12-314.29%1.07%6.65%9.20%

Cash and debt by year

Period endCashDebt
2025-12-31$527.90M$2.15B
2024-12-31$536.10M$1.46B
2023-12-31$1.78B$1.25B
2022-12-31$2.20B$1.43B
2021-12-31$1.34B$4.30B
2020-12-31$1.61B$4.65B
2019-12-31$814.90M$2.06B
2018-12-31$597.30M$1.93B
2017-12-31$573.00M$2.18B
2016-12-31$746.30M$2.11B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-783.20M$39.00M
2024-12-31$-347.50M$44.30M
2023-12-31$678.90M$51.50M
2022-12-31$4.14B$54.30M
2021-12-31$228.20M$35.60M
2020-12-31$-827.80M$34.20M
2019-12-31$528.60M$37.30M
2018-12-31$520.50M$26.00M
2017-12-31$379.00M$26.80M
2016-12-31$353.20M$22.66M

Dividend history

Most recent payment
2026-08-14
Paid in the last twelve months
$1.10
Payment dateDividend per share
2026-08-14$0.28
2026-05-14$0.28
2026-02-25$0.28
2025-11-14$0.28
2025-08-14$0.28
2025-05-15$0.28
2025-02-27$0.28
2024-11-13$0.28

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$10.01

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$4.05
2026-04-30--
2026-02-12--
2025-10-30--
2025-07-31--
2025-05-01--
2025-02-13--
2024-10-31--

Filings and sources

Company website
pbfenergy.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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