PBF Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	29,332	33,115	38,325	46,830	27,253
Revenue Growth (YoY)	-11.42%	-13.59%	-18.16%	71.83%	80.30%
Cost of Revenue	29,273	32,748	35,366	41,648	26,582
Gross Profit	59.3	366.9	2,959	5,182	671.1
Selling, General & Admin	331	258	361.8	459.9	239.5
Operating Expenses	975.7	885.8	933.3	971	706.3
Operating Income	-916.4	-518.9	2,025	4,211	-35.2
Interest Expense	-181.6	-123.2	-125.3	-266.6	-317.5
Interest & Investment Income	-	51.2	75	20.6	-
Earnings From Equity Investments	-62.2	-56.1	879.8	-	-
Other Non Operating Income (Expenses)	-	-	1.1	-2	8.5
EBT Excluding Unusual Items	-1,160	-647	2,856	3,963	-344.2
Gain (Loss) on Sale of Assets	93.1	-0.4	1.3	-0.9	3
Asset Writedown	-	-	-	-	669.6
Other Unusual Items	-	-121.2	28.6	-404.7	-0.8
Pretax Income	-234.6	-768.6	2,886	3,558	327.6
Income Tax Expense	-74.1	-228.4	723.8	584.8	12.1
Earnings From Continuing Operations	-160.5	-540.2	2,162	2,973	315.5
Minority Interest in Earnings	2	6.4	-21.5	-96	-84.5
Net Income	-158.5	-533.8	2,141	2,877	231
Preferred Dividends & Other Adjustments	-	0.1	-	-	-
Net Income to Common	-158.5	-533.9	2,141	2,877	231
Net Income Growth	-	-	-25.59%	1145.37%	-
Shares Outstanding (Basic)	114	116	125	123	120
Shares Outstanding (Diluted)	115	117	131	127	123
Shares Change (YoY)	-1.88%	-10.27%	2.88%	3.44%	1.64%
EPS (Basic)	-1.39	-4.59	17.13	23.47	1.92
EPS (Diluted)	-1.39	-4.60	16.52	22.84	1.90
EPS Growth	-	-	-27.68%	1103.21%	-
Free Cash Flow	-783.2	-347.5	678.9	4,139	228.2
Free Cash Flow Per Share	-6.82	-2.97	5.20	32.62	1.86
Dividend Per Share	-	1.025	0.850	0.200	-
Dividend Growth	-	20.59%	325.00%	-	-
Gross Margin	0.20%	1.11%	7.72%	11.07%	2.46%
Operating Margin	-3.12%	-1.57%	5.29%	8.99%	-0.13%
Profit Margin	-0.54%	-1.61%	5.58%	6.14%	0.85%
Free Cash Flow Margin	-2.67%	-1.05%	1.77%	8.84%	0.84%
EBITDA	-253.6	-234.2	2,303	4,483	227.5
EBITDA Margin	-0.86%	-0.71%	6.01%	9.57%	0.83%
D&A For EBITDA	662.8	284.7	277.2	271.9	262.7
EBIT	-916.4	-518.9	2,025	4,211	-35.2
EBIT Margin	-3.12%	-1.57%	5.29%	8.99%	-0.13%
Effective Tax Rate	-	-	25.08%	16.44%	3.69%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.