PBF Energy Inc. (PBF) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 7.9B | 7.14B | 7.65B | 7.48B | 7.07B | 7.35B | 8.38B | 8.74B | 8.65B | 9.14B | 10.73B | 9.16B | 9.29B | 10.85B | 12.76B | 14.08B | 9.14B | 8.24B | 7.19B | 6.9B |
| Revenue Growth % | 11.86% | -2.88% | -8.72% | -14.43% | -18.27% | -19.56% | -21.91% | -4.6% | -6.99% | -15.74% | -15.91% | -34.95% | 1.68% | 31.57% | 77.61% | 104.09% | 85.63% | 125.55% | 95.96% | 174.18% |
| Cost of Goods Sold | 7.42B | 7.27B | 7.61B | 7.53B | 7.49B | 7.66B | 8.67B | 8.73B | 8.43B | 9.05B | 9.51B | 8.65B | 8.72B | 9.88B | 11.19B | 12.14B | 8.94B | 7.87B | 7.02B | 6.7B |
| COGS % of Revenue | 93.88% | 101.85% | 99.49% | 100.78% | 105.95% | 104.2% | 103.44% | 99.93% | 97.48% | 99.08% | 88.56% | 94.43% | 93.8% | 91.07% | 87.68% | 86.22% | 97.85% | 95.41% | 97.65% | 97.07% |
| Gross Profit | 483.5M | -132M | 39.2M | -58M | -420.2M | -308.5M | -288.2M | 6.3M | 218.2M | 84M | 1.23B | 510.4M | 576.4M | 969.1M | 1.57B | 1.94B | 196.8M | 378.3M | 168.7M | 201.8M |
| Gross Margin % | 6.12% | -1.85% | 0.51% | -0.78% | -5.95% | -4.2% | -3.44% | 0.07% | 2.52% | 0.92% | 11.44% | 5.57% | 6.2% | 8.93% | 12.32% | 13.78% | 2.15% | 4.59% | 2.35% | 2.93% |
| Gross Profit Growth % | 215.06% | 57.21% | 113.6% | -1020.63% | -292.58% | -467.26% | -123.47% | -98.77% | -62.14% | -91.33% | -21.96% | -73.68% | 192.89% | 156.17% | 832.54% | 861.1% | 42.2% | 309.58% | 153.85% | 1.76% |
| Operating Expenses | 89.6M | -260M | -246.7M | -101M | 91M | 74.7M | 98.1M | 80.9M | 73.1M | 131.2M | 150.7M | -878.8M | 44M | 13.5M | 173.2M | 232.9M | 105.8M | 87.2M | 67.8M | 54.3M |
| OpEx % of Revenue | 1.13% | -3.64% | -3.22% | -1.35% | 1.29% | 1.02% | 1.17% | 0.93% | 0.85% | 1.44% | 1.4% | -9.6% | 0.47% | 0.12% | 1.36% | 1.65% | 1.16% | 1.06% | 0.94% | 0.79% |
| Selling, General & Admin | 89.6M | 107.6M | 74M | 80.3M | 70.4M | 66.8M | 65.4M | 65M | 63.2M | 105.4M | 92.9M | 104.2M | 60M | 93.8M | 168.2M | 153.2M | 53.5M | 80.4M | 64.1M | 55M |
| SG&A % of Revenue | 1.13% | 1.51% | 0.97% | 1.07% | 1% | 0.91% | 0.78% | 0.74% | 0.73% | 1.15% | 0.87% | 1.14% | 0.65% | 0.86% | 1.32% | 1.09% | 0.59% | 0.98% | 0.89% | 0.8% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -700K |
| Operating Income | 393.9M | 128M | 285.9M | 43M | -511.2M | -383.2M | -386.3M | -74.6M | 145.1M | -47.2M | 1.08B | 1.39B | 532.4M | 955.6M | 1.4B | 1.71B | 91M | 291.1M | 100.9M | 147.5M |
| Operating Margin % | 4.98% | 1.79% | 3.74% | 0.58% | -7.23% | -5.21% | -4.61% | -0.85% | 1.68% | -0.52% | 10.03% | 15.17% | 5.73% | 8.81% | 10.97% | 12.12% | 1% | 3.53% | 1.4% | 2.14% |
| Operating Income Growth % | 177.05% | 133.4% | 174.01% | 157.64% | -452.31% | -711.86% | -135.86% | -105.37% | -72.75% | -104.94% | -23.06% | -18.6% | 485.05% | 228.27% | 1287.51% | 1057.02% | 57.71% | 188.72% | 129.44% | -76.24% |
| EBITDA | 552.7M | 281.9M | 445M | 209.3M | -336M | -216.3M | -220.7M | 87.4M | 293.6M | 96.1M | 1.23B | 1.54B | 682.5M | 1.1B | 1.54B | 1.83B | 215.6M | 413.7M | 221.2M | 266.7M |
| EBITDA Margin % | 6.99% | 3.95% | 5.82% | 2.8% | -4.75% | -2.94% | -2.63% | 1% | 3.4% | 1.05% | 11.42% | 16.8% | 7.34% | 10.15% | 12.03% | 13.03% | 2.36% | 5.02% | 3.08% | 3.87% |
| EBITDA Growth % | 264.49% | 230.33% | 301.63% | 139.47% | -214.44% | -325.08% | -118.01% | -94.32% | -56.98% | -91.27% | -20.2% | -16.14% | 216.56% | 166.04% | 594.35% | 588.04% | 20.18% | 397.84% | 208.01% | -64.53% |
| D&A (Non-Cash Add-back) | 158.8M | 153.9M | 159.1M | 166.3M | 175.2M | 166.9M | 165.6M | 162M | 148.5M | 143.3M | 148.6M | 149.6M | 150.1M | 145M | 135.9M | 128.4M | 124.6M | 122.6M | 120.3M | 119.2M |
| EBIT | 300.6M | -366M | 286.3M | 43.3M | -510.9M | -331.3M | -385.8M | -74M | 145.7M | -45M | 1.07B | 1.39B | 531.1M | 954M | 1.33B | 1.45B | 69M | 259.2M | 181M | 155.2M |
| Net Interest Income | -42.1M | -40.6M | -50.3M | -53.8M | -36.9M | -22.8M | -21.4M | -17.3M | -10.5M | -8.6M | -22.7M | -13.8M | -18.7M | -29.4M | -52.7M | -85.5M | -78.4M | -74.4M | -82M | -80.8M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 7.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 42.1M | 40.6M | 50.3M | 53.8M | 36.9M | 30.5M | 21.4M | 17.3M | 10.5M | 8.6M | 22.7M | 13.8M | 18.7M | 29.4M | 52.7M | 85.5M | 78.4M | 74.4M | 82M | 80.8M |
| Other Income/Expense | -135.4M | -40.3M | -49.9M | -53.5M | -36.6M | -22.1M | -20.9M | -16.7M | -9.9M | -6.4M | -28.4M | -10.9M | -20M | -31M | -124.7M | -339.5M | -100.4M | -106.3M | -1.9M | -73.1M |
| Pretax Income | 258.5M | 87.7M | 236M | -10.5M | -547.8M | -405.3M | -407.2M | -91.3M | 135.2M | -53.6M | 1.05B | 1.38B | 512.4M | 924.6M | 1.28B | 1.37B | -9.4M | 184.8M | 99M | 74.4M |
| Pretax Margin % | 3.27% | 1.23% | 3.08% | -0.14% | -7.75% | -5.51% | -4.86% | -1.05% | 1.56% | -0.59% | 9.77% | 15.05% | 5.51% | 8.52% | 9.99% | 9.71% | -0.1% | 2.24% | 1.38% | 1.08% |
| Income Tax | 58.3M | 8.6M | 64.3M | -5.1M | -141.9M | -112.7M | -118.1M | -25.3M | 27.7M | -5.2M | 254.6M | 347.9M | 126.5M | 268.5M | 191.1M | 131.3M | -6.1M | -4.3M | 20.3M | 4.5M |
| Effective Tax Rate % | 22.55% | 9.81% | 27.25% | 48.57% | 25.9% | 27.81% | 29% | 27.71% | 20.49% | 9.7% | 24.28% | 25.24% | 24.69% | 29.04% | 14.98% | 9.6% | 64.89% | -2.33% | 20.51% | 6.05% |
| Net Income | 198.3M | 78.4M | 170.1M | -5.2M | -401.8M | -289.3M | -285.9M | -65.2M | 106.6M | -48.4M | 786.4M | 1.02B | 382.1M | 637.8M | 1.06B | 1.2B | -21.1M | 165.3M | 59.1M | 47.9M |
| Net Margin % | 2.51% | 1.1% | 2.22% | -0.07% | -5.69% | -3.94% | -3.41% | -0.75% | 1.23% | -0.53% | 7.33% | 11.14% | 4.11% | 5.88% | 8.28% | 8.55% | -0.23% | 2.01% | 0.82% | 0.69% |
| Net Income Growth % | 149.35% | 127.1% | 159.5% | 92.02% | -476.92% | -497.73% | -136.36% | -106.39% | -72.1% | -107.59% | -25.56% | -15.23% | 1910.9% | 285.84% | 1687.48% | 2412.94% | 48.91% | 155.4% | 114.17% | -87.69% |
| Net Income (Continuing) | 200.2M | 79.1M | 171.7M | -5.4M | -405.9M | -292.6M | -289.1M | -66M | 107.5M | -48.4M | 794.1M | 1.03B | 385.9M | 656.1M | 1.08B | 1.24B | -3.3M | 189.1M | 78.7M | 69.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 132.1M | 130.4M | 131M | 129.7M | 130.1M | 134.4M | 137.9M | 141.3M | 142.3M | 143M | 143.3M | 138.4M | 130.4M | 126.8M | 658.3M | 638.9M | 615.1M | 606.6M | 592.9M | 582.5M |
| EPS (Diluted) | 1.65 | 0.66 | 1.45 | -0.05 | -3.53 | -2.52 | -2.49 | -0.56 | 0.86 | -0.40 | 6.11 | 7.88 | 2.86 | 4.86 | 8.40 | 9.65 | -0.18 | 1.36 | 0.49 | 0.39 |
| EPS Growth % | 146.74% | 126.19% | 158.23% | 91.75% | -510.47% | -530% | -140.75% | -107.11% | -69.93% | -108.23% | -27.26% | -18.34% | 1688.89% | 257.35% | 1614.29% | 2374.36% | 47.06% | 155.06% | 114.04% | -87.93% |
| EPS (Basic) | 1.69 | 0.67 | 1.47 | -0.05 | -3.46 | -2.54 | -2.51 | -0.56 | 0.89 | -0.40 | 6.35 | 8.14 | 2.97 | 5.04 | 8.65 | 9.93 | -0.18 | 1.37 | 0.49 | 0.40 |
| Diluted Shares Outstanding | 120.58M | 119.12M | 117.96M | 114.62M | 114.62M | 114.95M | 115.95M | 117.91M | 124.67M | 121.87M | 129.69M | 130.45M | 134.5M | 132.1M | 126.59M | 125.66M | 120.34M | 122.88M | 121.35M | 121.92M |
| Basic Shares Outstanding | 117.19M | 116.66M | 115.73M | 116.25M | 116.25M | 114.09M | 115.08M | 117.04M | 119.86M | 121M | 123.79M | 125.29M | 128.79M | 126.45M | 122.11M | 121.27M | 120.34M | 120.27M | 120.27M | 120.23M |
| Dividend Payout Ratio | 16.09% | 40.56% | 18.58% | - | - | - | - | - | 27.77% | - | 3.13% | 2.46% | 6.75% | 3.87% | 0.94% | 0.81% | - | 5.87% | 16.58% | 21.92% |