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PBF Energy PBF Insurance Recoveries

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Other financials

Income statement

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Revenue$11.7B+56.2%
Gross profit$1.1B+2,077%
Operating income$1.3B+2,858%
Net income$906.4M+17,531%
EPS (diluted)$7.54+15,180%

Balance sheet

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Cash & equivalents$894.1M+51.4%
Total debt$2.5B-21.5%
Total equity$6.4B+26.0%
Total assets$14.7B+13.4%

Cash flow

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Operating cash flow$1.6B
CapEx$127.1M-18.6%
Free cash flow$1.5B

Valuation

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Market cap$7.26B+176%
Enterprise value$8.88B+69.4%
P/E5.7×+4.3×
P/S0.2×+0.1×

Profitability

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Gross margin3.9%+2.6pp
Operating margin-1.9%-18.5pp
Net margin-1.8%-5.1pp
FCF margin-3.2%

Returns & leverage

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Return on equity-9.5%-31.0pp
Debt / equity0.4×-0.2×
Current ratio1.3×0.0×

Where this comes from

Reported directly by PBF Energy in its filing.

Tagged under the XBRL concept us-gaap:InsuranceRecoveries.

The source filing: PBF Energy’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 6:56 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001534504-26-000030
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of sales10,531.57,533.318,157.315,019.9
General and administrative expenses (excluding depreciation and amortization expense as reflected below)148.680.3238.2150.7
Depreciation and amortization expense3.63.67.47.2
Gain on insurance recoveries, net(250.0)(189.0)(356.5)(189.0)
Equity (income) loss in investee(27.5)4.3(35.8)21.3
(Gain) loss on sale of assets(0.2)0.3(0.2)
Total cost and expenses10,406.27,432.318,010.915,009.9
Income (loss) from operations1,272.143.01,571.7(468.2)

Item 1. Financial Statements (Unaudited)

FAQ

What is PBF Energy's insurance recoveries?
PBF Energy (PBF) reported insurance recoveries of $250M in Q2 2026.
How has PBF Energy's insurance recoveries changed year-over-year?
PBF Energy's insurance recoveries increased by 32.3% year-over-year, from $189M to $250M.
What does insurance recoveries mean?
Represents cash inflows received from insurance providers to compensate for operational disruptions or asset damages. This metric helps analysts normalize operating cash flow by distinguishing between recurring business performance and non-recurring insurance-related windfalls.

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