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PBF Energy PBF Refining Group — Income (loss) from operations

Other segment segments

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$309.6M+55.5%

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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-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
(in millions)RefiningLogisticsCorporateEliminationsConsolidated Total
Operating expenses (income)646.028.7(4.6)670.1
Depreciation and amortization expense151.28.33.6163.1
Other segment (income) expenses, net (1)(250.0)1.6119.5(128.9)
Income (loss) from operations1,342.253.0(123.1)1,272.1
Interest (income) expense, net(13.2)(0.3)55.542.0
Capital expenditures (2)184.02.02.5188.5
Three Months Ended June 30, 2025
RefiningLogisticsCorporateEliminationsConsolidated Total

Item 1. Financial Statements (Unaudited)

FAQ

What is PBF Energy's refining group — income (loss) from operations?
PBF Energy (PBF) reported refining group — income (loss) from operations of $1.34B in Q2 2026.
How has PBF Energy's refining group — income (loss) from operations changed year-over-year?
PBF Energy's refining group — income (loss) from operations increased by 1743.7% year-over-year, from $72.8M to $1.34B.
What is the long-term trend for PBF Energy's refining group — income (loss) from operations?
Over 4 years (2021 to 2025), PBF Energy's refining group — income (loss) from operations has grown at a -51.4% compound annual growth rate (CAGR), from $673.1M to $37.6M.
What does refining group — income (loss) from operations mean?
This is the core measure of the refining segment's profitability, calculated by subtracting all operating costs and expenses from the segment's total revenues. It indicates the operational health and competitive performance of the refining business before accounting for corporate-level financing or tax impacts.

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