PBF Energy Inc. income statement
In fiscal 2025, PBF Energy Inc. reported revenue of $29.33bn, down 11.4% on the year before, operating income of −$54.3m (a -0.2% margin) and net income of −$159m, or −$1.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20.1 | 19.2 | 19.8 | 13.1 | 15.9 | 21.8 | 27.2 | 24.5 | 15.1 | 27.3 | 46.8 | 38.3 | 33.1 | 29.3 | 38.9 |
| Cost of revenue | — | — | — | 12.6 | 15.2 | 20.8 | 26.6 | 23.6 | 16.7 | 26.4 | 42.2 | 35.9 | 33.5 | 29.9 | 35.4 |
| Gross profit | — | — | — | 0.6 | 0.7 | 1.0 | 0.6 | 0.9 | −1.6 | 0.9 | 4.7 | 2.4 | −0.4 | −0.6 | 3.5 |
| General and administrative | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.5 | 0.4 | 0.3 | 0.3 | 0.5 |
| Operating income | 0.9 | 0.3 | 0.1 | 0.4 | 0.5 | 0.7 | 0.4 | 0.6 | −1.4 | 0.6 | 4.2 | 3.0 | −0.7 | −0.1 | 3.8 |
| Interest expense | — | — | — | — | — | — | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 |
| Income before tax | 0.8 | 0.2 | 0.1 | 0.3 | 0.4 | 0.8 | 0.2 | 0.5 | −1.3 | 0.3 | 3.6 | 2.9 | −0.8 | −0.2 | 3.6 |
| Income tax | 0.0 | 0.0 | −0.0 | 0.1 | 0.1 | 0.3 | 0.0 | 0.1 | 0.0 | 0.0 | 0.6 | 0.7 | −0.2 | −0.1 | 0.9 |
| Net income | 0.0 | 0.0 | −0.0 | 0.1 | 0.2 | 0.4 | 0.1 | 0.3 | −1.4 | 0.2 | 2.9 | 2.1 | −0.5 | −0.2 | 2.7 |
| Diluted EPS | $0.24 | $1.20 | −$0.51 | $1.65 | $1.74 | $3.73 | $1.10 | $2.64 | −$11.64 | $1.90 | $22.84 | $16.52 | −$4.60 | −$1.39 | $22.76 |
| Diluted shares (average) | 32m | 33m | 74m | 94m | 104m | 114m | 119m | 122m | 121m | 123m | 127m | 131m | 117m | 115m | 119m |
| EBITDA | 1.0 | 0.4 | 0.3 | 0.5 | 0.6 | 0.9 | 0.6 | 0.9 | −1.1 | 0.8 | 4.4 | 3.3 | −0.3 | 0.3 | 3.8 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.4 | 7.1 | 7.5 | 7.7 | 7.1 | 7.9 | 11.7 | 12.1 |
| Cost of revenue | 7.7 | 7.5 | 7.5 | 7.6 | 7.3 | 7.6 | 10.5 | 10.0 |
| Gross profit | −0.3 | −0.4 | −0.1 | 0.0 | −0.1 | 0.3 | 1.1 | 2.2 |
| General and administrative | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Operating income | −0.4 | −0.5 | 0.0 | 0.3 | 0.1 | 0.3 | 1.3 | 2.1 |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before tax | −0.4 | −0.5 | −0.0 | 0.2 | 0.1 | 0.3 | 1.2 | 2.0 |
| Income tax | −0.1 | −0.1 | −0.0 | 0.1 | 0.0 | 0.1 | 0.3 | 0.5 |
| Net income | −0.3 | −0.4 | −0.0 | 0.2 | 0.1 | 0.2 | 0.9 | 1.5 |
| Diluted EPS | −$2.51 | −$3.53 | −$0.05 | $1.45 | $0.69 | $1.65 | $7.54 | $12.54 |
| EBITDA | −0.5 | −0.3 | 0.0 | 0.3 | −0.0 | 0.5 | 1.3 | 2.1 |
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