PBF Energy Inc.PBFEarnings & Financial Report
PBF Energy Inc. is a petroleum refining and logistics company that produces and sells transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. The company owns and operated 6 refineries throughout the United States, located in Chalmette, Louisiana; Toledo, Ohio; Paulsboro, New Jersey; the Delaware City Refinery in Delaware City; Torrance, California; Martinez, California. PBF produces a range of products including gasoline, ultra-low-sulfur diese...
Revenue
$7.1B
Gross Profit
$-420.2M
Operating Profit
$-511.2M
Net Profit
$-401.8M
Gross Margin
-5.9%
Operating Margin
-7.2%
Net Margin
-5.7%
YoY Growth
-18.3%
EPS
$-3.53
PBF Energy Inc. Q1 FY2025 Financial Summary
PBF Energy Inc. reported revenue of $7.1B (down 18.3% YoY) for Q1 FY2025, with a net profit of $-401.8M (down 476.9% YoY) (-5.7% margin). Cost of goods sold was $7.5B, operating expenses totaled $91.0M.
Key Financial Metrics
| Total Revenue | $7.1B |
|---|---|
| Net Profit | $-401.8M |
| Gross Margin | -5.9% |
| Operating Margin | -7.2% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
PBF Energy Inc. Q1 FY2025 revenue of $7.1B breaks down across 6 segments, led by Gasoline And Distillate at $6.1B (86.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Gasoline And Distillate | $6.1B | 86.7% |
| Other Refiningand Marketing | $496.9M | 7.0% |
| Asphaltand Residual Oil | $237.7M | 3.4% |
| Chemicals | $121.4M | 1.7% |
| PBF Logistics LP | $94.5M | 1.3% |
| Lubricants | $75.5M | 1.1% |
PBF Energy Inc. Revenue by Segment — Quarterly Trend
PBF Energy Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Gasoline And Distillate and Other Refiningand Marketing) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Gasoline And Distillate | $6.4B | $6.7B | $6.6B | $6.1B |
| Other Refiningand Marketing | — | $379.8M | $240.7M | $496.9M |
| Asphaltand Residual Oil | $283.6M | $327.3M | $415.0M | $237.7M |
| Chemicals | $145.1M | $136.0M | $136.5M | $121.4M |
| PBF Logistics LP | — | $97.5M | $98.0M | $94.5M |
PBF Energy Inc. Annual Revenue by Year
PBF Energy Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $29.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $29.3B |
| 2024 | $33.1B |
| 2023 | $38.3B |
| 2022 | $46.8B |
PBF Energy Inc. Quarterly Revenue & Net Profit History
PBF Energy Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $7.1B | -2.9% | $78.4M | 1.1% |
| Q3 FY2025 | $7.7B | -8.7% | $170.1M | 2.2% |
| Q2 FY2025 | $7.5B | -14.4% | $-5.2M | -0.1% |
| Q1 FY2025 | $7.1B | -18.3% | $-401.8M | -5.7% |
| Q4 FY2024 | $7.4B | -19.6% | $-289.3M | -3.9% |
| Q3 FY2024 | $8.4B | -21.9% | $-285.9M | -3.4% |
| Q2 FY2024 | $8.7B | -4.6% | $-65.2M | -0.7% |
| Q1 FY2024 | $8.6B | -7.0% | $106.6M | 1.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.65B | $8.74B | $8.38B | $7.35B | $7.07B | $7.48B | $7.65B | $7.14B |
| YoY Growth | -7.0% | -4.6% | -21.9% | -19.6% | -18.3% | -14.4% | -8.7% | -2.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $13.81B | $14.08B | $13.13B | $12.70B | $13.03B | $12.98B | $13.04B | $13.02B |
| Liabilities | $7.21B | $7.67B | $7.11B | $7.02B | $7.78B | $7.76B | $7.68B | $7.57B |
| Equity | $6.46B | $6.27B | $5.88B | $5.54B | $5.11B | $5.09B | $5.23B | $5.32B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $15.8M | $425.3M | $-68.0M | $-329.7M | $-661.4M | $191.1M | $25.7M | $366.6M |