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PBF Energy PBF Logistics — Income (loss) from operations

Other segment segments

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$1.34B+1,744%

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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:OperatingIncomeLoss.

The source filing: PBF Energy’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 7:06 AM EST
Fiscal year
FY2025
Accession
0001534504-26-000010
(in millions)RefiningLogisticsCorporateEliminationsConsolidated Total
Revenues$29,297.7$383.5$(348.9)$29,332.3
Cost of products and other26,950.28.3(331.5)26,627.0
Operating expenses (income)2,547.0116.5(17.5)2,646.0
Depreciation and amortization expense594.236.114.4644.7
Other segment (income) expenses, net (1)(831.4)(86.9)387.2(531.1)
Income (loss) from operations37.6309.6(401.5)(54.3)
Interest (income) expense, net(27.7)(1.6)210.9181.6
Capital expenditures (3)598.117.013.8628.9

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is PBF Energy's logistics — income (loss) from operations?
PBF Energy (PBF) reported logistics — income (loss) from operations of $77.4M in Q4 2025.
How has PBF Energy's logistics — income (loss) from operations changed year-over-year?
PBF Energy's logistics — income (loss) from operations increased by 55.5% year-over-year, from $49.78M to $77.4M.
What is the long-term trend for PBF Energy's logistics — income (loss) from operations?
Over 4 years (2021 to 2025), PBF Energy's logistics — income (loss) from operations has grown at a 12.2% compound annual growth rate (CAGR), from $195.4M to $309.6M.
What does logistics — income (loss) from operations mean?
This is the primary measure of the logistics segment's profitability, calculated as segment revenue minus operating expenses and depreciation. It indicates the ability of the logistics business to generate earnings from its core activities independent of corporate financing or tax structures. This is a key indicator of the segment's contribution to the company's overall financial health.

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