PBF Energy PBF Inventory LIFO Reserve
Inventory LIFO Reserve at other companies
Other financials
Where this comes from
Reported directly by PBF Energy in its filing.
Tagged under the XBRL concept us-gaap:ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue.
The official record: PBF Energy’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is PBF Energy's inventory LIFO reserve?
- PBF Energy (PBF) reported inventory LIFO reserve of $1.6B in Q1 2026.
- How has PBF Energy's inventory LIFO reserve changed year-over-year?
- PBF Energy's inventory LIFO reserve increased by 917.2% year-over-year, from $157.3M to $1.6B.
- What does inventory LIFO reserve mean?
- This is the difference between the cost of inventory calculated using the FIFO or average cost method and the cost calculated using the LIFO method. It is used to adjust the LIFO-based inventory value to a current cost basis for analytical purposes. Investors use this to normalize earnings and inventory values when comparing companies that use different inventory accounting methods.