PBF Energy PBF Refining — Depreciation and amortization expense

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Questions, answered.

What is PBF Energy's refining — depreciation and amortization expense?

PBF Energy (PBF) reported refining — depreciation and amortization expense of $148.55M in Q4 2025.

How has PBF Energy's refining — depreciation and amortization expense changed year-over-year?

PBF Energy's refining — depreciation and amortization expense increased by 2.7% year-over-year, from $144.6M to $148.55M.

What is the long-term trend for PBF Energy's refining — depreciation and amortization expense?

Over 3 years (2022 to 2025), PBF Energy's refining — depreciation and amortization expense has grown at a 8.4% compound annual growth rate (CAGR), from $466.9M to $594.2M.

What does refining — depreciation and amortization expense mean?

This metric represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives specifically attributable to the refining business segment. It reflects the ongoing wear and tear on complex refinery infrastructure, such as processing units and storage facilities, required to maintain operational capacity. Monitoring this expense helps investors understand the capital intensity of the refining operations and the rate at which the company's asset base is being consumed.