vs
Side-by-side financial comparison of Athene Holding Ltd. (ATHS) and PBF Energy Inc. (PBF). Click either name above to swap in a different company.
PBF Energy Inc. is the larger business by last-quarter revenue ($33.1B vs $8.1B, roughly 4.1× Athene Holding Ltd.). Athene Holding Ltd. runs the higher net margin — 6.4% vs 0.2%, a 6.2% gap on every dollar of revenue. On growth, Athene Holding Ltd. posted the faster year-over-year revenue change (115.1% vs -0.1%). Over the past eight quarters, PBF Energy Inc.'s revenue compounded faster (94.6% CAGR vs 19.2%).
Athene Holding Ltd. is a leading US-focused retirement services provider. It offers fixed, indexed and variable annuity products plus tailored retirement savings solutions for individual consumers and institutional clients, aiming to help customers secure long-term financial stability for their retirement.
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...
ATHS vs PBF — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.1B | $33.1B |
| Net Profit | $523.0M | $79.1M |
| Gross Margin | — | 78.0% |
| Operating Margin | 16.9% | 78.8% |
| Net Margin | 6.4% | 0.2% |
| Revenue YoY | 115.1% | -0.1% |
| Net Profit YoY | -48.5% | 149.3% |
| EPS (diluted) | — | $0.66 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $33.1B | ||
| Q4 25 | $8.1B | $7.1B | ||
| Q3 25 | $8.0B | $7.7B | ||
| Q2 25 | $5.4B | $7.5B | ||
| Q1 25 | $4.2B | $7.1B | ||
| Q4 24 | $3.8B | $7.4B | ||
| Q3 24 | $6.5B | $8.4B | ||
| Q2 24 | $4.7B | $8.7B |
| Q1 26 | — | $79.1M | ||
| Q4 25 | $523.0M | $78.4M | ||
| Q3 25 | $1.3B | $170.1M | ||
| Q2 25 | $464.0M | $-5.2M | ||
| Q1 25 | $465.0M | $-401.8M | ||
| Q4 24 | $1.0B | $-289.3M | ||
| Q3 24 | $625.0M | $-285.9M | ||
| Q2 24 | $629.0M | $-65.2M |
| Q1 26 | — | 78.0% | ||
| Q4 25 | — | -1.8% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | -0.8% | ||
| Q1 25 | — | -5.9% | ||
| Q4 24 | — | -4.2% | ||
| Q3 24 | — | -3.4% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | 78.8% | ||
| Q4 25 | 16.9% | 1.8% | ||
| Q3 25 | 26.8% | 3.7% | ||
| Q2 25 | 12.2% | 0.6% | ||
| Q1 25 | 22.3% | -7.2% | ||
| Q4 24 | 30.4% | -5.2% | ||
| Q3 24 | 25.7% | -4.6% | ||
| Q2 24 | 22.0% | -0.9% |
| Q1 26 | — | 0.2% | ||
| Q4 25 | 6.4% | 1.1% | ||
| Q3 25 | 15.7% | 2.2% | ||
| Q2 25 | 8.7% | -0.1% | ||
| Q1 25 | 11.1% | -5.7% | ||
| Q4 24 | 26.8% | -3.9% | ||
| Q3 24 | 9.6% | -3.4% | ||
| Q2 24 | 13.5% | -0.7% |
| Q1 26 | — | $0.66 | ||
| Q4 25 | — | $0.74 | ||
| Q3 25 | — | $1.45 | ||
| Q2 25 | — | $-0.05 | ||
| Q1 25 | — | $-3.53 | ||
| Q4 24 | — | $-2.41 | ||
| Q3 24 | — | $-2.49 | ||
| Q2 24 | — | $-0.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $527.9M |
| Total DebtLower is stronger | $7.8B | — |
| Stockholders' EquityBook value | $20.5B | $5.4B |
| Total Assets | $442.2B | $13.0B |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $527.9M | ||
| Q4 25 | — | $527.9M | ||
| Q3 25 | — | $482.0M | ||
| Q2 25 | — | $590.7M | ||
| Q1 25 | — | $468.6M | ||
| Q4 24 | — | $536.1M | ||
| Q3 24 | — | $976.7M | ||
| Q2 24 | — | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.9B | — | ||
| Q1 25 | $6.3B | — | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — |
| Q1 26 | — | $5.4B | ||
| Q4 25 | $20.5B | $5.3B | ||
| Q3 25 | $20.4B | $5.2B | ||
| Q2 25 | $18.1B | $5.1B | ||
| Q1 25 | $17.5B | $5.1B | ||
| Q4 24 | $16.4B | $5.5B | ||
| Q3 24 | $17.4B | $5.9B | ||
| Q2 24 | $15.0B | $6.3B |
| Q1 26 | — | $13.0B | ||
| Q4 25 | $442.2B | $13.0B | ||
| Q3 25 | $429.9B | $13.0B | ||
| Q2 25 | $405.3B | $13.0B | ||
| Q1 25 | $381.5B | $13.0B | ||
| Q4 24 | $363.3B | $12.7B | ||
| Q3 24 | $355.0B | $13.1B | ||
| Q2 24 | $332.6B | $14.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.38× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 5.82× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $366.6M | ||
| Q3 25 | $636.0M | $25.7M | ||
| Q2 25 | $1.1B | $191.1M | ||
| Q1 25 | $426.0M | $-661.4M | ||
| Q4 24 | $386.0M | $-329.7M | ||
| Q3 24 | $780.0M | $-68.0M | ||
| Q2 24 | $525.0M | $425.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $77.0M | ||
| Q3 25 | — | $-122.8M | ||
| Q2 25 | — | $35.0M | ||
| Q1 25 | — | $-772.4M | ||
| Q4 24 | — | $-425.7M | ||
| Q3 24 | — | $-169.8M | ||
| Q2 24 | — | $371.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | -1.6% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | -10.9% | ||
| Q4 24 | — | -5.8% | ||
| Q3 24 | — | -2.0% | ||
| Q2 24 | — | 4.3% |
| Q1 26 | — | 0.3% | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 5.82× | 4.68× | ||
| Q3 25 | 0.51× | 0.15× | ||
| Q2 25 | 2.28× | — | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 0.83× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
