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Side-by-side financial comparison of PBF Energy Inc. (PBF) and Sea Ltd (SE). Click either name above to swap in a different company.

Sea Ltd is the larger business by last-quarter revenue ($22.9B vs $7.1B, roughly 3.2× PBF Energy Inc.). Sea Ltd runs the higher net margin — 7.0% vs 1.1%, a 5.9% gap on every dollar of revenue. On growth, Sea Ltd posted the faster year-over-year revenue change (363.4% vs -2.9%). Over the past eight quarters, Sea Ltd's revenue compounded faster (147.8% CAGR vs -9.1%).

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...

Sea Limited is a tech conglomerate headquartered in Singapore. It is listed on the New York Stock Exchange, with revenue of US$16.8 billion (2024). Sea currently functions as a holding company for Garena, Monee and Shopee, the largest e-commerce platform in Southeast Asia.

PBF vs SE — Head-to-Head

Bigger by revenue
SE
SE
3.2× larger
SE
$22.9B
$7.1B
PBF
Growing faster (revenue YoY)
SE
SE
+366.2% gap
SE
363.4%
-2.9%
PBF
Higher net margin
SE
SE
5.9% more per $
SE
7.0%
1.1%
PBF
Faster 2-yr revenue CAGR
SE
SE
Annualised
SE
147.8%
-9.1%
PBF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PBF
PBF
SE
SE
Revenue
$7.1B
$22.9B
Net Profit
$78.4M
$1.6B
Gross Margin
-1.8%
44.7%
Operating Margin
1.8%
8.7%
Net Margin
1.1%
7.0%
Revenue YoY
-2.9%
363.4%
Net Profit YoY
127.1%
EPS (diluted)
$0.74
$2.52

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.

Revenue
PBF
PBF
SE
SE
Q4 25
$7.1B
$22.9B
Q3 25
$7.7B
$6.0B
Q2 25
$7.5B
$5.3B
Q1 25
$7.1B
$4.8B
Q4 24
$7.4B
$5.0B
Q3 24
$8.4B
$4.3B
Q2 24
$8.7B
$3.8B
Q1 24
$8.6B
$3.7B
Net Profit
PBF
PBF
SE
SE
Q4 25
$78.4M
$1.6B
Q3 25
$170.1M
$375.0M
Q2 25
$-5.2M
$414.2M
Q1 25
$-401.8M
$-7.8M
Q4 24
$-289.3M
Q3 24
$-285.9M
Q2 24
$-65.2M
Q1 24
$106.6M
$-23.0M
Gross Margin
PBF
PBF
SE
SE
Q4 25
-1.8%
44.7%
Q3 25
0.5%
43.4%
Q2 25
-0.8%
45.8%
Q1 25
-5.9%
46.2%
Q4 24
-4.2%
Q3 24
-3.4%
Q2 24
0.1%
Q1 24
2.5%
41.6%
Operating Margin
PBF
PBF
SE
SE
Q4 25
1.8%
8.7%
Q3 25
3.7%
8.0%
Q2 25
0.6%
9.3%
Q1 25
-7.2%
9.4%
Q4 24
-5.2%
Q3 24
-4.6%
Q2 24
-0.9%
Q1 24
1.7%
1.9%
Net Margin
PBF
PBF
SE
SE
Q4 25
1.1%
7.0%
Q3 25
2.2%
6.3%
Q2 25
-0.1%
7.9%
Q1 25
-5.7%
-0.2%
Q4 24
-3.9%
Q3 24
-3.4%
Q2 24
-0.7%
Q1 24
1.2%
-0.6%
EPS (diluted)
PBF
PBF
SE
SE
Q4 25
$0.74
$2.52
Q3 25
$1.45
$0.59
Q2 25
$-0.05
$0.65
Q1 25
$-3.53
$0.65
Q4 24
$-2.41
Q3 24
$-2.49
Q2 24
$-0.56
Q1 24
$0.86

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PBF
PBF
SE
SE
Cash + ST InvestmentsLiquidity on hand
$527.9M
$10.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3B
$12.6B
Total Assets
$13.0B
$29.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PBF
PBF
SE
SE
Q4 25
$527.9M
$10.6B
Q3 25
$482.0M
Q2 25
$590.7M
Q1 25
$468.6M
Q4 24
$536.1M
$8.6B
Q3 24
$976.7M
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
PBF
PBF
SE
SE
Q4 25
$5.3B
$12.6B
Q3 25
$5.2B
Q2 25
$5.1B
Q1 25
$5.1B
Q4 24
$5.5B
$8.4B
Q3 24
$5.9B
Q2 24
$6.3B
Q1 24
$6.5B
Total Assets
PBF
PBF
SE
SE
Q4 25
$13.0B
$29.4B
Q3 25
$13.0B
Q2 25
$13.0B
Q1 25
$13.0B
Q4 24
$12.7B
$22.6B
Q3 24
$13.1B
Q2 24
$14.1B
Q1 24
$13.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PBF
PBF
SE
SE
Operating Cash FlowLast quarter
$366.6M
$5.0B
Free Cash FlowOCF − Capex
$77.0M
FCF MarginFCF / Revenue
1.1%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
4.68×
3.12×
TTM Free Cash FlowTrailing 4 quarters
$-783.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PBF
PBF
SE
SE
Q4 25
$366.6M
$5.0B
Q3 25
$25.7M
$3.5B
Q2 25
$191.1M
$2.4B
Q1 25
$-661.4M
$756.9M
Q4 24
$-329.7M
Q3 24
$-68.0M
Q2 24
$425.3M
Q1 24
$15.8M
$468.5M
Free Cash Flow
PBF
PBF
SE
SE
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 24
$-123.8M
FCF Margin
PBF
PBF
SE
SE
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 24
-1.4%
Capex Intensity
PBF
PBF
SE
SE
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 24
1.6%
Cash Conversion
PBF
PBF
SE
SE
Q4 25
4.68×
3.12×
Q3 25
0.15×
9.46×
Q2 25
5.73×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PBF
PBF

Gasoline And Distillate$6.4B89%
Asphaltand Residual Oil$283.6M4%
Other$149.4M2%
Chemicals$145.1M2%
Logistics Group$93.5M1%
Lubricants$81.9M1%

SE
SE

Segment breakdown not available.

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