← PBF Energy Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $15.9b |
$21.8b
+36.85%
|
$27.2b
+24.78%
|
$24.5b
-9.85%
|
$15.1b
-38.32%
|
$27.3b
+80.30%
|
$46.8b
+71.83%
|
$38.3b
-18.16%
|
$33.1b
-13.59%
|
$29.3b
-11.42%
|
$34.4b
+17.19%
|
|
| Cost of Goods and Services Sold | $15.2b |
$20.8b
+36.68%
|
$25.0b
+19.93%
|
$23.6b
-5.53%
|
$13.9b
-41.14%
|
$26.4b
+89.85%
|
$42.2b
+59.87%
|
$35.9b
-14.77%
|
$30.4b
-15.31%
|
$26.9b
-11.42%
|
$33.0b
+22.60%
|
|
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $13.6b |
$18.9b
+38.72%
|
$24.5b
+29.90%
|
$21.4b
-12.72%
|
$14.3b
-33.25%
|
$23.8b
+66.91%
|
$39.0b
+63.89%
|
$32.7b
-16.33%
|
$30.3b
-7.36%
|
$26.6b
-12.03%
|
$33.0b
+24.09%
|
|
| Cost of sales | $15.2b |
$20.8b
+36.68%
|
$26.6b
+27.64%
|
$23.6b
-11.24%
|
$16.7b
-29.03%
|
$26.4b
+57.45%
|
$42.2b
+59.87%
|
$35.9b
-14.77%
|
$33.5b
-6.79%
|
$29.9b
-10.70%
|
$33.0b
+10.49%
|
|
| Cost of products and other | $13.6b |
$18.9b
+38.72%
|
$24.5b
+29.90%
|
$21.4b
-12.72%
|
$14.3b
-33.25%
|
$23.8b
+66.91%
|
$39.0b
+63.89%
|
$32.7b
-16.33%
|
$30.3b
-7.36%
|
$26.6b
-12.03%
|
— | |
| Gross Profit (Calculated) (derived) | $682.5m |
$959.4m
+40.56%
|
$602.6m
-37.19%
|
$913.1m
+51.52%
|
($1.6b)
-278.48%
|
$887.2m
+154.44%
|
$4.7b
+427.34%
|
$2.4b
-48.73%
|
($372.2m)
-115.52%
|
($571.0m)
-53.41%
|
— | |
| General and Administrative Expense | $166.5m | $214.8m | $277.0m | $284.0m | $248.5m | $247.3m | $468.7m | $362.5m | $260.4m | $332.3m | $419.8m | |
| Operating Lease, Expense | — | — | $52.3m | — | — | — | — | — | — | — | — | |
| Operating Expenses | $1.4b | $1.7b | $1.7b | $1.8b | $1.9b | $2.1b | $2.6b | $2.7b | $2.6b | $2.6b | $434.4m | |
| Operating Income (Loss) | $498.9m |
$730.2m
+46.37%
|
$358.1m
-50.96%
|
$649.0m
+81.22%
|
($1.4b)
-318.31%
|
$597.2m
+142.15%
|
$4.2b
+595.45%
|
$3.0b
-28.93%
|
($699.0m)
-123.68%
|
($54.3m)
+92.23%
|
$898.1m
+1753.96%
|
|
| Interest Expense | — | — | $169.9m | $159.6m | $258.2m | $317.5m | $246.0m | $63.8m | $72.0m | $181.6m | $199.3m | |
| Interest Income, Other | — | — | — | — | — | — | — | — | $51.2m | $24.3m | $24.3m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | ($45.3m) | ($47.4m) | ($62.2m) | — | |
| Loss (gain) on formation of SBR equity method investment | — | — | — | — | — | $0 | $0 | ($925.1m) | $8.7m | $0 | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $363.2m | $799.0m | $208.8m | $479.5m | ($1.3b) | $327.6m | $3.6b | $2.9b | ($768.6m) | ($234.6m) | $1.8b | |
| Current Income Tax Expense (Benefit) | ($107.1m) | $1.8m | $766k | $600k | $500k | $400k | $164.6m | $186.8m | $10.8m | $3.8m | $445.4m | |
| Income Tax Expense (Benefit) | $137.7m | $315.6m | $33.5m | $104.3m | $2.1m | $12.1m | $584.8m | $723.8m | ($228.4m) | ($74.1m) | $445.4m | |
| Net Income (Loss) Attributable to Parent | $170.8m |
$415.5m
+143.26%
|
$128.3m
-69.12%
|
$319.4m
+148.92%
|
($1.4b)
-535.94%
|
$231.0m
+116.59%
|
$2.9b
+1145.37%
|
$2.1b
-25.59%
|
($533.8m)
-124.94%
|
($158.5m)
+70.31%
|
$1.4b
+953.75%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $170.8m |
$414.5m
+142.65%
|
$127.6m
-69.22%
|
$318.9m
+149.99%
|
($1.4b)
-536.66%
|
$231.0m
+116.59%
|
$2.9b
+1145.37%
|
$2.1b
-25.59%
|
($533.9m)
-124.94%
|
($158.6m)
+70.29%
|
$1.4b
+953.22%
|
|
| Less: net income (loss) attributable to noncontrolling interests | $54.7m | $67.9m | $47.0m | $55.8m | $59.1m | $84.5m | $96.0m | $21.5m | ($6.4m) | ($2.0m) | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | $1.0m | $748k | $500k | $100k | $0 | $0 | $0 | $100k | $100k | — | |
| Earnings Per Share, Basic | $1.74 | $3.78 | $1.11 | $2.66 | ($11.64) | $1.92 | $23.47 | $17.13 | ($4.59) | ($1.39) | $11.57 | |
| Earnings Per Share, Diluted | $1.74 | $3.73 | $1.10 | $2.64 | ($11.64) | $1.90 | $22.84 | $16.52 | ($4.60) | ($1.39) | $11.41 | |
| Basic (in shares) | $98.3m | $109.8m | $115.2m | $119.9m | $119.6m | $120.2m | $122.6m | $125.0m | $116.2m | $114.1m | $116.0m | |
| Diluted (in shares) | $103.6m | $113.9m | $118.8m | $121.9m | $120.7m | $122.6m | $126.9m | $130.5m | $117.1m | $114.9m | $117.9m | |
| Weighted Average Number of Shares Outstanding, Basic | 98.3m | 109.8m | 115.2m | 119.9m | 119.6m | 120.2m | 122.6m | 125.0m | 116.2m | 114.1m | 116.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 103.6m | 113.9m | 118.8m | 121.9m | 120.7m | 122.6m | 126.9m | 130.5m | 117.1m | 114.9m | 117.9m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $17.5m | $1.0m | $2.9m | $11.6m | $12.5m | $0 | — | — | — | — | — | |
| Cost, Depreciation and Amortization | — | $278.0m | $359.1m | $425.3m | $551.7m | $453.5m | $503.6m | $560.0m | $614.6m | $630.3m | — | |
| Depreciation and amortization expense | $222.2m | $13.0m | $10.6m | $10.8m | $11.3m | $13.3m | $7.5m | $11.5m | $13.2m | $14.4m | $14.6m | |
| Gain on insurance recoveries, net | — | — | — | — | — | — | — | $0 | $0 | ($832.5m) | — | |
| Change in fair value of contingent consideration, net | — | — | $0 | ($800k) | ($93.7m) | $32.4m | $48.3m | ($45.8m) | ($3.3m) | $0 | — | |
| Equity loss in investee | — | — | — | — | — | $0 | $0 | $45.3m | $47.4m | $62.2m | — | |
| (Gain) loss on sale of assets | $11.4m | $1.5m | ($43.1m) | ($29.9m) | ($477.8m) | ($3.0m) | $900k | ($1.3m) | $400k | ($93.1m) | — | |
| Income (loss) from operations | $498.9m |
$730.2m
+46.37%
|
$358.1m
-50.96%
|
$649.0m
+81.22%
|
($1.4b)
-318.31%
|
$597.2m
+142.15%
|
$4.2b
+595.45%
|
$3.0b
-28.93%
|
($699.0m)
-123.68%
|
($54.3m)
+92.23%
|
$898.1m
+1753.96%
|
|
| Change in Tax Receivable Agreement liability | $12.9m | $250.9m | $13.9m | $0 | $373.5m | ($48.3m) | ($290.3m) | $2.0m | $0 | $0 | — | |
| Change in fair value of catalyst obligations | — | ($2.2m) | $5.6m | ($9.7m) | ($11.8m) | $8.5m | ($2.0m) | $1.1m | $0 | $0 | — | |
| Loss on extinguishment of debt | $0 | ($25.5m) | $0 | $0 | ($22.2m) | $79.9m | ($66.1m) | ($5.7m) | $0 | $0 | — | |
| Other non-service components of net periodic benefit cost | ($580k) | ($1.4m) | $1.1m | ($200k) | $4.3m | $7.8m | $8.8m | $700k | $2.4m | $1.3m | — | |
| Total cost and expenses | $15.4b | $21.1b | $26.8b | $23.9b | $16.5b | $26.7b | $42.7b | $35.4b | $33.8b | $29.4b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.