PBF ENERGY INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.33B | $33.12B | $38.32B | $46.83B | $27.25B | $15.12B | $24.51B | $27.19B |
| Cost of Revenue | $29.90B | $33.49B | $35.93B | $42.15B | $26.37B | $16.75B | $23.60B | $26.58B |
| Gross Profit | $-571.0M | $-372.2M | $2.40B | $4.68B | $887.2M | $-1.63B | $913.1M | $602.6M |
| Gross Margin | -1.9% | -1.1% | 6.3% | 10.0% | 3.3% | -10.8% | 3.7% | 2.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $332.3M | $260.4M | $362.5M | $468.7M | $247.3M | $248.5M | $284.0M | $277.0M |
| Operating Income | $-54.3M | $-699.0M | $2.95B | $4.15B | $597.2M | $-1.42B | $649.0M | $358.1M |
| Operating Margin | -0.2% | -2.1% | 7.7% | 8.9% | 2.2% | -9.4% | 2.6% | 1.3% |
| Interest Expense | $181.6M | $72.0M | $63.8M | $246.0M | $317.5M | $258.2M | $159.6M | $169.9M |
| Pretax Income | $-234.6M | $-768.6M | $2.89B | $3.56B | $327.6M | $-1.33B | $479.5M | $208.8M |
| Income Tax Expense | $-74.1M | $-228.4M | $723.8M | $584.8M | $12.1M | $2.1M | $104.3M | $33.5M |
| Net Income | $-158.5M | $-533.8M | $2.14B | $2.88B | $231.0M | $-1.39B | $319.4M | $128.3M |
| Net Margin | -0.5% | -1.6% | 5.6% | 6.1% | 0.8% | -9.2% | 1.3% | 0.5% |
| EPS (Basic) | $-1.39 | $-4.59 | $17.13 | $23.47 | $1.92 | $-11.64 | $2.66 | $1.11 |
| EPS (Diluted) | $-1.39 | $-4.60 | $16.52 | $22.84 | $1.90 | $-11.64 | $2.64 | $1.10 |
| Shares Outstanding (Basic) | 114.1M | 116.2M | 125.0M | 122.6M | 120.2M | 119.6M | 119.9M | 115.2M |
| Shares Outstanding (Diluted) | 114.9M | 117.1M | 130.5M | 126.9M | 122.6M | 120.7M | 121.9M | 118.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |