What is PBF ENERGY INC.'s earnings per share (EPS)?

PBF ENERGY INC. (PBF) reported diluted earnings per share of -$1.39 for fiscal year 2025. This represents a 69.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

PBF ENERGY INC. (PBF) Financials

PBF

Trailing 12 months to June 30, 2026

Revenue $34.4B +13.5% YoY

Net Income $1.4B +237.8% YoY

EPS (Diluted) $11.33 +232.1% YoY

Free Cash Flow $742.8M +155.7% YoY

Market Cap $10.0B as of Oct 5, 2026

Price / Sales 0.3x on $34.4B revenue, trailing 12 months to June 30, 2026

Price / Earnings 7.4x on $1.4B net income, trailing 12 months to June 30, 2026

Price / Book 1.6x on $6.4B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PBF SEC filings page.

PBF ENERGY INC. (PBF) reported $34.4B in revenue over the twelve months to Jun 30, 2026, up 13.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PBF FY2025 2026-10-03

PBF's 2025 results show a low-margin, capital-heavy business whose cash generation weakened as reinvestment and debt rose.

Despite positive EBITDA of $317M, operating cash flow was negative $78M, showing that reported operating earnings did not translate into cash during FY2025. Free cash flow of -$783M alongside $705M of capital expenditures makes reinvestment the dominant additional cash use, rather than a minor adjustment to earnings.

After FY2023, gross margin fell to -1.1% in FY2024 and -2.0% in FY2025, showing that core economics remained pressured rather than merely experiencing a one-year interruption. Yet operating margin improved from -2.1% to -0.2%, indicating the latest near-breakeven operating result came without restored gross profitability.

Debt-to-equity rose from 0.3x in FY2024 to 0.4x in FY2025, indicating financing shifted somewhat toward debt as equity declined. Reported liquidity equaled 81.2 months of the latest annual operating outflow, a balance-sheet comparison that provides context for the cash strain but is not a forecast.

Financial Health Signals

Financial Health Score 23/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of PBF ENERGY INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

PBF ENERGY INC. has an operating margin of -0.2%, meaning the company loses less than $1 on every $100 of revenue. This results in a profitability score of 22/100. This is up from -2.1% the prior year.

Growth

PBF ENERGY INC.'s revenue declined 11.4% year-over-year, from $33.1B to $29.3B. This contraction results in a growth score of 11/100.

Leverage

PBF ENERGY INC. has elevated debt relative to equity (D/E of 0.40), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 8/100, reflecting increased financial risk.

Liquidity

PBF ENERGY INC.'s current ratio of 1.21 indicates adequate short-term liquidity, earning a score of 44/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

PBF ENERGY INC.'s operations used $78.0M of cash, and capex of $705.2M added to the outflow, for a free cash flow shortfall of $783.2M. This results in a cash flow score of 24/100.

Returns

PBF ENERGY INC. posts a -3.0% return on equity (ROE), meaning it loses $3 for every $100 of shareholders' equity. This results in a returns score of 26/100. This is up from -9.6% the prior year.

Altman Z-Score Safe

3.44

PBF ENERGY INC. scores 3.44, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

2/8

PBF ENERGY INC. passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

PBF ENERGY INC. reported a net loss of $158.5M while operations used $78.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

PBF ENERGY INC. reported an operating loss of $54.3M against $181.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.7B

YoY+56.2%

QoQ+47.7%

5Y CAGR+11.1%

10Y CAGR+11.7%

PBF ENERGY INC. generated $11.7B in revenue in Q2 2026. This represents an increase of 56.2% from the same quarter a year earlier. Against the prior quarter it is up 47.7%.

EBITDA

$1.3B

YoY+2637.6%

QoQ+320.5%

5Y CAGR+53.3%

PBF ENERGY INC.'s EBITDA was $1.3B in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2637.6% from the same quarter a year earlier. Against the prior quarter it is up 320.5%.

Net Income

$906.4M

YoY+17530.8%

QoQ+357.1%

5Y CAGR+80.1%

10Y CAGR+24.2%

PBF ENERGY INC. reported $906.4M in net income in Q2 2026. This represents an increase of 17530.8% from the same quarter a year earlier. Against the prior quarter it is up 357.1%.

EPS (Diluted)

$7.54

YoY+15180.0%

QoQ+357.0%

5Y CAGR+80.8%

10Y CAGR+21.7%

PBF ENERGY INC. earned $7.54 per diluted share (EPS) in Q2 2026. This represents an increase of 15180.0% from the same quarter a year earlier. Against the prior quarter it is up 357.0%.

Cash & Balance Sheet

Free Cash Flow

$1.5B

YoY+4076.3%

QoQ+317.2%

5Y CAGR+115.8%

10Y CAGR+24.1%

PBF ENERGY INC. generated $1.5B in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 4076.3% from the same quarter a year earlier. Against the prior quarter it is up 317.2%.

Cash & Debt

$894.1M

YoY+51.4%

QoQ+65.0%

5Y CAGR-9.6%

10Y CAGR-4.5%

PBF ENERGY INC. held $894.1M in cash against $1.7B in long-term debt as of Q2 2026.

Shares Outstanding

Diluted avg 121M

PBF ENERGY INC. had a weighted average of 121M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

9.8%

YoY+10.6pp

QoQ+6.3pp

5Y change+6.9pp

PBF ENERGY INC.'s gross margin was 9.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 10.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.3 percentage points.

Operating Margin

10.9%

YoY+10.3pp

QoQ+7.1pp

5Y change+8.8pp

10Y change+4.8pp

PBF ENERGY INC.'s operating margin was 10.9% in Q2 2026, reflecting core business profitability. This is up 10.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.1 percentage points.

Net Margin

7.8%

YoY+7.8pp

QoQ+5.3pp

5Y change+7.1pp

10Y change+5.1pp

PBF ENERGY INC.'s net profit margin was 7.8% in Q2 2026, showing the share of revenue converted to profit. This is up 7.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.3 percentage points.

Return on Equity

14.1%

YoY+14.2pp

QoQ+10.6pp

5Y change+11.3pp

10Y change+8.0pp

PBF ENERGY INC.'s ROE was 14.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 14.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.6 percentage points.

Capital Allocation

Capital Expenditures

$127.1M

YoY-18.6%

QoQ-63.6%

5Y CAGR+21.9%

10Y CAGR+6.4%

PBF ENERGY INC. invested $127.1M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 18.6% from the same quarter a year earlier. Against the prior quarter it is down 63.6%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

PBF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PBF quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$34.4B	$29.3B-11.4%	$33.1B-13.6%	$38.3B-18.2%	$46.8B+71.8%	$27.3B+80.3%	$15.1B-38.3%	$24.5B-9.9%	$27.2B+24.8%	$21.8B+36.8%	$15.9B+21.3%	$13.1B-33.8%	$19.8B+3.5%	$19.2B-4.9%	$20.1B	N/A
Cost of Revenue	$33.0B	$29.9B-10.7%	$33.5B-6.8%	$35.9B-14.8%	$42.2B+59.9%	$26.4B+57.5%	$16.7B-29.0%	$23.6B-11.2%	$26.6B+27.6%	$20.8B+36.7%	$15.2B+21.2%	$12.6B	N/A	N/A	N/A	N/A
Gross Profit	$1.3B	-$571.0M-53.4%	-$372.2M-115.5%	$2.4B-48.7%	$4.7B+427.3%	$887.2M+154.4%	-$1.6B-278.5%	$913.1M+51.5%	$602.6M-37.3%	$960.6M+40.6%	$683.0M+24.2%	$550.1M	N/A	N/A	N/A	N/A
SG&A Expenses	$419.8M	$332.3M+27.6%	$260.4M-28.2%	$362.5M-22.7%	$468.7M+89.5%	$247.3M-0.5%	$248.5M-12.5%	$284.0M+2.5%	$277.0M+29.1%	$214.5M+29.0%	$166.3M-8.2%	$181.3M+23.6%	$146.7M+53.1%	$95.8M-20.5%	$120.4M+39.8%	$86.2M
Operating Income	$2.0B	-$54.3M+92.2%	-$699.0M-123.7%	$3.0B-28.9%	$4.2B+595.4%	$597.2M+142.2%	-$1.4B-318.3%	$649.0M+81.2%	$358.1M-51.1%	$731.6M+46.5%	$499.5M+38.7%	$360.1M+143.9%	$147.7M-55.0%	$328.4M-64.3%	$920.4M+201.1%	$305.7M
EBITDA	N/A	$317.3M+193.1%	-$340.7M-110.4%	$3.3B-26.0%	$4.4B+439.6%	$818.3M+175.0%	-$1.1B-220.3%	$907.1M+60.4%	$565.7M-39.8%	$939.2M+46.0%	$643.5M+38.2%	$465.7M+86.0%	$250.3M-36.4%	$393.9M-58.7%	$952.5M+186.1%	$333.0M
Interest Expense	$175.0M	$181.6M+152.2%	$72.0M+12.9%	$63.8M-74.1%	$246.0M-22.5%	$317.5M+23.0%	$258.2M+61.8%	$159.6M-6.1%	$169.9M+10.0%	$154.4M+2.9%	$150.0M+41.3%	$106.2M+7.5%	$98.8M+5.3%	$93.8M-13.7%	$108.6M+66.8%	$65.1M
Income Tax	$445.4M	-$74.1M+67.6%	-$228.4M-131.6%	$723.8M+23.8%	$584.8M+4733.1%	$12.1M+476.2%	$2.1M-98.0%	$104.3M+211.3%	$33.5M-89.4%	$315.6M+129.3%	$137.7M+58.7%	$86.7M+487.0%	-$22.4M-234.4%	$16.7M+1208.3%	$1.3M	$0
Net Income	$1.4B	-$158.5M+70.3%	-$533.8M-124.9%	$2.1B-25.6%	$2.9B+1145.4%	$231.0M+116.6%	-$1.4B-535.9%	$319.4M+148.9%	$128.3M-69.1%	$415.6M+143.3%	$170.8M+16.7%	$146.4M+482.9%	-$38.2M-196.7%	$39.5M+1921.5%	$2.0M-99.2%	$242.7M
EPS (Basic)	N/A	-$1.39+69.7%	-$4.59-126.8%	$17.13-27.0%	$23.47+1122.4%	$1.92+116.5%	-$11.64-537.6%	$2.66+139.6%	$1.11-70.6%	$3.78+117.2%	$1.74+4.8%	$1.66+425.5%	-$0.51-141.8%	$1.22+1425.0%	$0.08	N/A
EPS (Diluted)	$11.33	-$1.39+69.8%	-$4.60-127.8%	$16.52-27.7%	$22.84+1102.1%	$1.90+116.3%	-$11.64-540.9%	$2.64+140.0%	$1.10-70.5%	$3.73+114.4%	$1.74+5.5%	$1.65+423.5%	-$0.51	$1.20+1400.0%	$0.08	N/A
Diluted Shares (Avg)	N/A	115M-1.9%	117M-10.3%	131M+2.9%	127M+3.4%	123M+1.6%	121M-1.0%	122M+2.6%	119M+4.3%	114M+9.9%	104M+10.1%	94M+26.4%	74M	33M-66.0%	97M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$11.7B+56.2%	$7.9B+11.9%	$7.1B-2.9%	$7.7B-8.7%	$7.5B-14.4%	$7.1B-18.3%	$7.4B-19.6%	$8.4B-21.9%
Cost of Revenue	$10.5B+39.8%	$7.6B+1.9%	$7.3B-5.1%	$7.6B-12.2%	$7.5B-13.7%	$7.5B-11.2%	$7.7B-15.4%	$8.7B-8.8%
Gross Profit	$1.1B+2077.2%	$278.5M+166.3%	-$132.0M+57.2%	$39.2M+113.6%	-$58.0M-1020.6%	-$420.2M-292.6%	-$308.5M-467.3%	-$288.2M-123.5%
SG&A Expenses	$148.6M+85.1%	$89.6M+27.3%	$107.6M+61.1%	$74.0M+13.1%	$80.3M+23.5%	$70.4M+11.4%	$66.8M-36.6%	$65.4M-29.6%
Operating Income	$1.3B+2858.4%	$299.6M+158.6%	$128.0M+133.4%	$285.9M+174.0%	$43.0M+157.6%	-$511.2M-452.3%	-$383.2M-711.9%	-$386.3M-135.9%
EBITDA	$1.3B+2637.6%	$303.4M+159.8%	$488.8M+1508.6%	$289.5M+175.6%	$46.6M+165.4%	-$507.6M-442.3%	-$34.7M-113.4%	-$383.0M-135.4%
Interest Expense	$42.0M-21.9%	$42.1M+14.1%	$40.6M+78.1%	$50.3M+135.0%	$53.8M+211.0%	$36.9M+251.4%	$22.8M+165.1%	$21.4M-5.7%
Income Tax	$314.2M+6260.8%	$58.3M+141.1%	$8.6M+107.6%	$64.3M+154.4%	-$5.1M+79.8%	-$141.9M-612.3%	-$112.7M-2067.3%	-$118.1M-146.4%
Net Income	$906.4M+17530.8%	$198.3M+149.4%	$78.4M+127.1%	$170.1M+159.5%	-$5.2M+92.0%	-$401.8M-476.9%	-$289.3M-497.7%	-$285.9M-136.4%
EPS (Basic)	$7.66+15420.0%	$1.69+147.9%	$0.69+127.6%	$1.47+159.3%	-$0.05+91.1%	-$3.53-496.6%	-$2.50-900.0%	-$2.48-139.1%
EPS (Diluted)	$7.54+15180.0%	$1.65+146.7%	$0.69+127.5%	$1.45+158.2%	-$0.05+91.1%	-$3.53-510.5%	-$2.51	-$2.49-140.8%
Diluted Shares (Avg)	121M+5.5%	121M+5.2%	N/A	118M+1.7%	115M-2.7%	115M-8.1%	N/A	116M-10.6%

Not reported in any period shown, so not listed: R&D Expenses.

PBF Balance Sheet

PBF quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$13.0B+2.5%	$12.7B-11.7%	$14.4B+6.2%	$13.5B+16.4%	$11.6B+10.9%	$10.5B+15.0%	$9.1B+14.1%	$8.0B-1.4%	$8.1B+6.5%	$7.6B+24.8%	$6.1B+18.2%	$5.2B+17.0%	$4.4B+3.8%	$4.3B	N/A
Current Assets	$4.5B-2.0%	$4.5B-31.1%	$6.6B+0.8%	$6.5B+25.9%	$5.2B+34.4%	$3.9B+1.1%	$3.8B+18.1%	$3.2B-14.9%	$3.8B+11.6%	$3.4B+12.7%	$3.0B+28.8%	$2.3B+6.6%	$2.2B-4.7%	$2.3B	N/A
Cash & Equivalents	$527.9M-1.5%	$536.1M-69.9%	$1.8B-19.1%	$2.2B+64.3%	$1.3B-16.7%	$1.6B+97.5%	$814.9M+36.4%	$597.3M+4.2%	$573.0M-23.2%	$746.3M-21.0%	$944.3M+137.3%	$397.9M+416.9%	$77.0M-73.1%	$285.9M+469.9%	$50.2M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$40.0M	$0	$0	$0	$0	$0
Inventory	$2.6B-1.2%	$2.6B-18.5%	$3.2B+15.2%	$2.8B+10.3%	$2.5B+48.6%	$1.7B-20.5%	$2.1B+13.7%	$1.9B-15.7%	$2.2B+18.8%	$1.9B+58.7%	$1.2B+6.5%	$1.1B-23.7%	$1.4B-3.4%	$1.5B	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$234.3M-0.3%	$234.9M	$0	$0	$0
Total Liabilities	$7.6B+7.8%	$7.0B-9.4%	$7.8B-8.7%	$8.5B-6.8%	$9.1B+9.8%	$8.3B+49.6%	$5.5B+16.6%	$4.8B-8.8%	$5.2B+3.2%	$5.1B+26.0%	$4.0B+15.5%	$3.5B-7.7%	$3.8B-1.9%	$3.8B	N/A
Current Liabilities	$3.7B+1.2%	$3.6B-14.0%	$4.2B-18.9%	$5.2B+38.3%	$3.8B+53.4%	$2.5B-2.3%	$2.5B+17.6%	$2.1B-11.8%	$2.4B+17.6%	$2.1B+37.5%	$1.5B-3.1%	$1.5B-6.2%	$1.6B+2.6%	$1.6B	N/A
Non-Current Liabilities	$3.9B+14.8%	$3.4B-4.0%	$3.5B+7.5%	$3.3B-38.4%	$5.3B-8.5%	$5.8B+92.4%	$3.0B+15.8%	$2.6B-6.2%	$2.8B-6.6%	$3.0B+19.1%	$2.5B+30.4%	$1.9B-8.9%	$2.1B-5.2%	$2.2B	N/A
Long-Term Debt	$2.1B+47.4%	$1.5B+17.0%	$1.2B-13.2%	$1.4B-66.6%	$4.3B-7.7%	$4.7B+125.4%	$2.1B+6.9%	$1.9B-11.2%	$2.2B+3.2%	$2.1B+14.8%	$1.8B+50.5%	$1.2B+68.6%	$723.5M+1.9%	$710.0M	N/A
Total Equity	$5.3B-4.1%	$5.5B-14.6%	$6.5B+31.6%	$4.9B+155.9%	$1.9B+17.3%	$1.6B-46.0%	$3.0B+13.6%	$2.7B+14.5%	$2.3B+15.4%	$2.0B+22.9%	$1.6B+35.2%	$1.2B+86.2%	$654.1M+55.8%	$419.8M-62.2%	$1.1B
Retained Earnings	$3.1B-8.3%	$3.4B-16.0%	$4.1B+98.9%	$2.1B+358.3%	-$796.1M+22.5%	-$1.0B-356.0%	$401.2M+77.7%	$225.8M-4.6%	$236.8M+627.9%	-$44.9M+46.3%	-$83.5M+32.3%	-$123.3M-3544.3%	$3.6M+83.0%	$2.0M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$14.7B+13.4%	$14.7B+13.0%	$13.0B+2.5%	$13.0B-0.7%	$13.0B-7.8%	$13.0B-5.7%	$12.7B-11.7%	$13.1B-10.6%
Current Assets	$5.8B+22.4%	$5.8B+19.9%	$4.5B-2.0%	$4.8B-5.8%	$4.8B-21.2%	$4.9B-16.5%	$4.5B-31.1%	$5.1B-26.2%
Cash & Equivalents	$894.1M+51.4%	$541.8M+15.6%	$527.9M-1.5%	$482.0M-50.7%	$590.7M-56.8%	$468.6M-67.5%	$536.1M-69.9%	$976.7M-48.4%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.9B+4.5%	$3.1B+6.5%	$2.6B-1.2%	$2.7B+5.3%	$2.8B-3.3%	$2.9B0.0%	$2.6B-18.5%	$2.6B-18.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$8.2B+5.3%	$9.1B+16.5%	$7.6B+7.8%	$7.7B+7.9%	$7.8B+1.2%	$7.8B+7.9%	$7.0B-9.4%	$7.1B-9.2%
Current Liabilities	$4.4B+20.7%	$4.4B+17.7%	$3.7B+1.2%	$3.5B-8.6%	$3.6B-14.7%	$3.8B-0.3%	$3.6B-14.0%	$3.8B-12.9%
Non-Current Liabilities	$3.8B-8.3%	$4.6B+15.4%	$3.9B+14.8%	$4.2B+27.2%	$4.1B+21.0%	$4.0B+17.0%	$3.4B-4.0%	$3.3B-4.4%
Long-Term Debt	$1.7B-26.8%	$2.8B+25.3%	$2.1B+47.4%	$2.4B+90.9%	$2.4B+91.0%	$2.2B+79.2%	$1.5B+17.0%	$1.3B+0.9%
Total Equity	$6.4B+26.0%	$5.5B+7.9%	$5.3B-4.1%	$5.2B-11.0%	$5.1B-18.8%	$5.1B-20.8%	$5.5B-14.6%	$5.9B-12.5%
Retained Earnings	$4.2B+41.3%	$3.3B+10.5%	$3.1B-8.3%	$3.1B-17.4%	$3.0B-27.2%	$3.0B-27.9%	$3.4B-16.0%	$3.8B-9.9%

Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.

PBF Cash Flow Statement

PBF quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.7B	-$78.0M-279.7%	$43.4M-96.8%	$1.3B-72.0%	$4.8B+899.8%	$477.3M+175.6%	-$631.6M-167.7%	$933.5M+11.4%	$838.0M+22.2%	$685.7M+5.2%	$651.9M+16.3%	$560.4M+22.8%	$456.3M+56.6%	$291.3M-64.1%	$812.4M+225.9%	$249.3M
Depreciation & Amortization	N/A	$371.6M+3.7%	$358.3M+14.0%	$314.4M+20.0%	$262.0M+18.5%	$221.1M-32.2%	$325.9M+26.3%	$258.1M+24.3%	$207.6M0.0%	$207.6M+44.2%	$144.0M+36.4%	$105.5M+2.8%	$102.6M+56.8%	$65.5M+104.1%	$32.1M+17.5%	$27.3M
Stock-Based Compensation	N/A	$39.0M-12.0%	$44.3M-14.0%	$51.5M-5.2%	$54.3M+52.5%	$35.6M+4.1%	$34.2M-8.3%	$37.3M+43.5%	$26.0M-3.0%	$26.8M+18.3%	$22.7M+67.9%	$13.5M+88.0%	$7.2M+91.3%	$3.8M+27.0%	$3.0M+17.4%	$2.5M
Capital Expenditures	$914.6M	$705.2M+80.4%	$390.9M-40.7%	$659.6M+4.2%	$633.3M+154.2%	$249.1M+27.0%	$196.2M-51.5%	$404.9M+27.5%	$317.5M+3.5%	$306.7M+2.7%	$298.7M-15.6%	$354.0M-25.7%	$476.4M+49.6%	$318.4M+81.0%	$175.9M-64.0%	$488.7M
Free Cash Flow	$742.8M	-$783.2M-125.4%	-$347.5M-151.2%	$678.9M-83.6%	$4.1B+1713.6%	$228.2M+127.6%	-$827.8M-256.6%	$528.6M+1.6%	$520.5M+37.3%	$379.0M+7.3%	$353.2M+71.1%	$206.5M+1129.0%	-$20.1M+25.9%	-$27.1M-104.3%	$636.5M+365.8%	-$239.4M
Investing Cash Flow	-$615.0M	-$480.2M+53.9%	-$1.0B-207.6%	-$338.6M+66.5%	-$1.0B-160.2%	-$388.5M+62.2%	-$1.0B-44.0%	-$712.6M-3.9%	-$685.6M+0.2%	-$687.0M+50.7%	-$1.4B-71.6%	-$812.1M-22.4%	-$663.6M-111.8%	-$313.3M-42.8%	-$219.3M+70.3%	-$739.2M
Financing Cash Flow	-$739.0M	$550.0M+320.6%	-$249.3M+82.4%	-$1.4B+51.0%	-$2.9B-712.5%	-$356.8M-114.5%	$2.5B+74424.2%	-$3.3M+97.4%	-$128.1M+25.5%	-$172.0M-131.6%	$544.0M-31.8%	$798.1M+51.1%	$528.2M+382.5%	-$187.0M+47.7%	-$357.4M-192.9%	$384.6M
Dividends Paid	$128.5M	$127.8M+6.6%	$119.9M+12.5%	$106.6M+331.6%	$24.7M	N/A	$35.9M-75.0%	$143.5M+3.2%	$139.0M+5.5%	$131.7M+12.1%	$117.5M+10.2%	$106.6M+20.3%	$88.6M+133.7%	$37.9M	$0	$0
Share Buybacks	N/A	$0-100.0%	$329.1M-38.2%	$532.5M+240.5%	$156.4M	$0-100.0%	$1.6M-67.3%	$4.9M-40.2%	$8.2M+720.0%	$1.0M+34.6%	$743K-90.8%	$8.1M-94.3%	$142.7M	$0	$0	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$1.6B+731.4%	-$323.7M+51.1%	$366.6M+211.2%	$25.7M+137.8%	$191.1M-55.1%	-$661.4M-4286.1%	-$329.7M-207.8%	-$68.0M-112.9%
Depreciation & Amortization	$3.6M0.0%	$3.8M+5.6%	$360.8M+3.5%	$3.6M+9.1%	$3.6M+9.1%	$3.6M+12.5%	$348.5M+13.7%	$3.3M-13.2%
Stock-Based Compensation	N/A	$8.4M-26.3%	N/A	N/A	N/A	$11.4M-8.1%	N/A	N/A
Capital Expenditures	$127.1M-18.6%	$349.4M+214.8%	$289.6M+201.7%	$148.5M+45.9%	$156.1M+191.8%	$111.0M-20.5%	$96.0M+17.5%	$101.8M-22.2%
Free Cash Flow	$1.5B+4076.3%	-$673.1M+12.9%	$77.0M+118.1%	-$122.8M+27.7%	$35.0M-90.6%	-$772.4M-523.9%	-$425.7M-289.9%	-$169.8M-142.9%
Investing Cash Flow	-$104.3M+32.2%	-$401.8M-84.7%	-$20.8M+91.2%	-$88.1M+53.0%	-$153.8M+53.8%	-$217.5M+23.5%	-$236.5M-1.6%	-$187.4M-189.7%
Financing Cash Flow	-$1.1B-1435.1%	$739.4M-8.9%	-$299.9M-338.8%	-$46.3M+65.7%	$84.8M+151.0%	$811.4M+1205.4%	$125.6M+169.0%	-$135.1M+62.5%
Dividends Paid	$32.5M+2.2%	$32.2M0.0%	$32.0M+1.3%	$31.8M+10.0%	$31.8M+7.4%	$32.2M+8.1%	$31.6M+3.3%	$28.9M+17.0%
Share Buybacks	N/A	N/A	$0-100.0%	$0-100.0%	$0-100.0%	$0-100.0%	$29.0M-80.7%	$75.0M-34.8%

PBF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PBF quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	-1.9%-0.8pp	-1.1%-7.4pp	6.3%-3.7pp	10.0%+6.7pp	3.3%+14.0pp	-10.8%-14.5pp	3.7%+1.5pp	2.2%-2.2pp	4.4%+0.1pp	4.3%+0.1pp	4.2%	N/A	N/A	N/A	N/A
Operating Margin	-0.2%+1.9pp	-2.1%-9.8pp	7.7%-1.2pp	8.9%+6.7pp	2.2%+11.6pp	-9.4%-12.0pp	2.6%+1.3pp	1.3%-2.0pp	3.4%+0.2pp	3.1%+0.4pp	2.7%+2.0pp	0.7%-1.0pp	1.7%-2.9pp	4.6%	N/A
Net Margin	-0.5%+1.1pp	-1.6%-7.2pp	5.6%-0.6pp	6.1%+5.3pp	0.9%+10.1pp	-9.2%-10.5pp	1.3%+0.8pp	0.5%-1.4pp	1.9%+0.8pp	1.1%-0.1pp	1.1%+1.3pp	-0.2%-0.4pp	0.2%+0.2pp	0.0%	N/A
Return on Equity	-3.0%+6.7pp	-9.6%-42.6pp	33.0%-25.4pp	58.4%+46.4pp	12.0%+96.8pp	-84.8%-95.3pp	10.5%+5.7pp	4.8%-13.0pp	17.8%+9.4pp	8.4%-0.5pp	8.9%+12.0pp	-3.1%-9.2pp	6.0%+5.6pp	0.5%-21.4pp	21.8%
Return on Assets	-1.2%+3.0pp	-4.2%-19.1pp	14.9%-6.3pp	21.2%+19.2pp	2.0%+15.2pp	-13.3%-16.8pp	3.5%+1.9pp	1.6%-3.5pp	5.1%+2.9pp	2.2%-0.2pp	2.4%+3.1pp	-0.7%-1.6pp	0.9%+0.8pp	0.1%	N/A
Current Ratio	1.210.0x	1.25-0.3x	1.56+0.3x	1.26-0.1x	1.38-0.2x	1.58+0.1x	1.520.0x	1.52-0.1x	1.57-0.1x	1.66-0.4x	2.02+0.5x	1.52+0.2x	1.34-0.1x	1.44	N/A
Debt-to-Equity	0.40+0.1x	0.26+0.1x	0.19-0.1x	0.29-1.9x	2.23-0.6x	2.83+2.2x	0.680.0x	0.72-0.2x	0.93-0.1x	1.04-0.1x	1.11+0.1x	1.00-0.1x	1.11-0.6x	1.69	N/A
Asset Turnover	2.25-0.4x	2.61-0.1x	2.66-0.8x	3.46+1.1x	2.34+0.9x	1.44-1.2x	2.68-0.7x	3.40+0.7x	2.68+0.6x	2.09-0.1x	2.15-1.7x	3.84-0.5x	4.34-0.4x	4.73	N/A
FCF Margin	-2.7%-1.6pp	-1.1%-2.8pp	1.8%-7.1pp	8.8%+8.0pp	0.8%+6.3pp	-5.5%-7.6pp	2.2%+0.3pp	1.9%+0.2pp	1.7%-0.5pp	2.2%+0.7pp	1.6%+1.7pp	-0.1%0.0pp	-0.1%-3.3pp	3.2%	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	9.8%+10.6pp	3.5%+9.5pp	-1.8%+2.4pp	0.5%+4.0pp	-0.8%-0.8pp	-5.9%-8.5pp	-4.2%-5.1pp	-3.4%-14.9pp
Operating Margin	10.9%+10.3pp	3.8%+11.0pp	1.8%+7.0pp	3.7%+8.3pp	0.6%+1.4pp	-7.2%-8.9pp	-5.2%-4.7pp	-4.6%-14.6pp
Net Margin	7.8%+7.8pp	2.5%+8.2pp	1.1%+5.0pp	2.2%+5.6pp	-0.1%+0.7pp	-5.7%-6.9pp	-3.9%-3.4pp	-3.4%-10.7pp
Return on Equity	14.1%+14.2pp	3.6%+11.5pp	1.5%+6.7pp	3.3%+8.1pp	-0.1%+0.9pp	-7.9%-9.5pp	-5.2%-4.5pp	-4.9%-16.6pp
Return on Assets	6.2%+6.2pp	1.4%+4.4pp	0.6%+2.9pp	1.3%+3.5pp	0.0%+0.4pp	-3.1%-3.9pp	-2.3%-1.9pp	-2.2%-7.5pp
Current Ratio	1.330.0x	1.310.0x	1.210.0x	1.380.0x	1.31-0.1x	1.29-0.2x	1.25-0.3x	1.34-0.2x
Debt-to-Equity	0.27-0.2x	0.51+0.1x	0.40+0.1x	0.46+0.2x	0.47+0.3x	0.44+0.2x	0.26+0.1x	0.210.0x
Asset Turnover	0.79+0.2x	0.540.0x	0.550.0x	0.59-0.1x	0.580.0x	0.54-0.1x	0.58-0.1x	0.64-0.1x
FCF Margin	12.5%+12.1pp	-8.5%+2.4pp	1.1%+6.9pp	-1.6%+0.4pp	0.5%-3.8pp	-10.9%-9.5pp	-5.8%-8.2pp	-2.0%-5.7pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
PBF ENERGY INC. PBF	FY2025	$29.3B	-$158.5M	-0.5%	$10.0B	23/100
CVR ENERGY, INC. CVI	FY2025	$7.2B	$27.0M	0.4%	$5.5B	39/100
DELEK LOGISTICS PARTNERS, LP DKL	FY2025	$1.0B	$176.5M	17.4%	$3.2B	45/100
Icahn Enterprises L.P IEP	FY2025	$9.7B	-$299.0M	-3.1%	$4.7B	16/100
SUNOCO L.P. SUN	FY2025	$25.2B	$527.0M	2.1%	$14.1B	34/100
HF Sinclair Corporation DINO	FY2025	$26.9B	$579.0M	2.1%	$20.2B	42/100

Where PBF ENERGY INC. Ranks

Frequently Asked Questions

What is PBF ENERGY INC.'s annual revenue?

PBF ENERGY INC. (PBF) reported $29.3B in total revenue for fiscal year 2025. This represents a -11.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is PBF ENERGY INC.'s revenue growing?

PBF ENERGY INC. (PBF) revenue declined by 11.4% year-over-year, from $33.1B to $29.3B in fiscal year 2025.

Is PBF ENERGY INC. profitable?

No, PBF ENERGY INC. (PBF) reported a net income of -$158.5M in fiscal year 2025, with a net profit margin of -0.5%.

What is PBF ENERGY INC.'s EBITDA?

PBF ENERGY INC. (PBF) had EBITDA of $317.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does PBF ENERGY INC. have?

As of fiscal year 2025, PBF ENERGY INC. (PBF) had $527.9M in cash and equivalents against $2.1B in long-term debt.

What is PBF ENERGY INC.'s gross margin?

PBF ENERGY INC. (PBF) had a gross margin of -1.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is PBF ENERGY INC.'s operating margin?

PBF ENERGY INC. (PBF) had an operating margin of -0.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is PBF ENERGY INC.'s net profit margin?

PBF ENERGY INC. (PBF) had a net profit margin of -0.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is PBF ENERGY INC.'s return on equity (ROE)?

PBF ENERGY INC. (PBF) has a return on equity of -3.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is PBF ENERGY INC.'s free cash flow?

PBF ENERGY INC. (PBF) recorded an outflow of $783.2M in free cash flow during fiscal year 2025. This represents a -125.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is PBF ENERGY INC.'s operating cash flow?

PBF ENERGY INC. (PBF) recorded an outflow of $78.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are PBF ENERGY INC.'s total assets?

PBF ENERGY INC. (PBF) had $13.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are PBF ENERGY INC.'s capital expenditures?

PBF ENERGY INC. (PBF) invested $705.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is PBF ENERGY INC.'s current ratio?

PBF ENERGY INC. (PBF) had a current ratio of 1.21 as of fiscal year 2025, which is considered adequate.

What is PBF ENERGY INC.'s debt-to-equity ratio?

PBF ENERGY INC. (PBF) had a debt-to-equity ratio of 0.40 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is PBF ENERGY INC.'s return on assets (ROA)?

PBF ENERGY INC. (PBF) had a return on assets of -1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is PBF ENERGY INC.'s P/E ratio?

PBF ENERGY INC. (PBF) trades at 7.4x earnings, its market capitalization divided by net income of $1.4B net income, trailing 12 months to June 30, 2026. The market capitalization is $10.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is PBF ENERGY INC.'s price-to-sales ratio?

PBF ENERGY INC. (PBF) trades at 0.3x sales, its market capitalization divided by revenue of $34.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $10.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does PBF ENERGY INC.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, PBF ENERGY INC. (PBF) held $527.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $78.0M over that year. Dividing the one by the other, the reported balance equals about 81 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is PBF ENERGY INC.'s Altman Z-Score?

PBF ENERGY INC. (PBF) has an Altman Z-Score of 3.44, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is PBF ENERGY INC.'s Piotroski F-Score?

PBF ENERGY INC. (PBF) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are PBF ENERGY INC.'s earnings high quality?

PBF ENERGY INC. (PBF) reported a net loss of $158.5M while operations used $78.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can PBF ENERGY INC. cover its interest payments?

PBF ENERGY INC. (PBF) reported an operating loss of $54.3M against $181.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is PBF ENERGY INC.?

PBF ENERGY INC. (PBF) scores 23 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.