PBF Energy Cash Flow 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
Net Income	-158.5	-533.8	2,141	2,877	231
Depreciation & Amortization	662.8	284.7	277.2	271.9	262.7
Other Amortization	-	358.3	314.4	262	221.1
Loss (Gain) From Sale of Assets	-93.1	0.4	-1.3	0.9	-3
Asset Writedown & Restructuring Costs	-	-	-	-	-669.6
Loss (Gain) From Sale of Investments	-	8.7	-925.1	-	-
Loss (Gain) on Equity Investments	62.2	47.4	45.3	-	-
Stock-Based Compensation	39	44.3	51.5	54.3	35.6
Other Operating Activities	-186.2	-197	563.2	965.1	130.9
Change in Accounts Receivable	-1.7	197.5	93.8	-178.8	-764.7
Change in Inventory	-280.8	587.9	-409	-258.5	-149.3
Change in Accounts Payable	3.5	-196.7	124.7	-95.7	480.7
Change in Unearned Revenue	-23	-20.3	23.5	-2.1	-4.5
Change in Other Net Operating Assets	-102.2	-538	-960.2	876.1	706.4
Operating Cash Flow	-78	43.4	1,339	4,772	477.3
Operating Cash Flow Growth	-	-96.76%	-71.95%	899.79%	-
Capital Expenditures	-705.2	-390.9	-659.6	-633.3	-249.1
Sale of Property, Plant & Equipment	170.3	-	4.4	-	7.2
Investment in Securities	-21.6	-33.2	830.6	-	-
Other Investing Activities	76.3	-617.4	-514	-377.6	-146.6
Investing Cash Flow	-480.2	-1,042	-338.6	-1,011	-388.5
Long-Term Debt Issued	4,129	323.2	509.6	402.1	-
Long-Term Debt Repaid	-3,443	-124.1	-1,208	-2,801	-303.7
Total Debt Repaid	-3,443	-124.1	-1,208	-2,801	-303.7
Net Debt Issued (Repaid)	686.3	199.1	-698.8	-2,399	-303.7
Issuance of Common Stock	2.9	1.4	38.3	67.8	-
Repurchase of Common Stock	-	-329.1	-532.5	-156.4	-4.6
Common Dividends Paid	-125.6	-119	-105.8	-24.7	-
Other Financing Activities	-13.6	-1.7	-121.2	-387	-48.5
Financing Cash Flow	550	-249.3	-1,420	-2,899	-356.8
Net Cash Flow	-8.2	-1,247	-420.1	862.1	-268
Free Cash Flow	-783.2	-347.5	678.9	4,139	228.2
Free Cash Flow Growth	-	-	-83.60%	1713.63%	-
Free Cash Flow Margin	-2.67%	-1.05%	1.77%	8.84%	0.84%
Free Cash Flow Per Share	-6.82	-2.97	5.20	32.62	1.86
Cash Interest Paid	156.9	93.1	103.6	249.7	307
Cash Income Tax Paid	4	17.7	299	148.9	5.7
Levered Free Cash Flow	-586.95	53.59	170.2	2,856	-217.54
Unlevered Free Cash Flow	-473.45	130.59	248.51	3,023	-19.1
Change in Working Capital	-404.2	30.4	-1,127	341	268.6

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