(PBF) PBF Energy - Overview
Sector: Energy | Industry: Oil & Gas Refining & Marketing | Exchange: NYSE (USA) | Market Cap: 4.757m USD | Total Return: 94.5% in 12m
Avg Turnover: 105M
Qual. Beats: 0
Rev. Trend: -97.6%
Qual. Beats: 0
Warnings
High Debt while negative Cash Flow
Choppy Below Avwap Earnings
Tailwinds
Confidence
PBF Energy Inc. is an independent petroleum refiner and supplier operating through Refining and Logistics segments. The company produces a diverse slate of products, including ultra-low-sulfur diesel, jet fuel, and petrochemical feedstocks, distributed across major U.S. regions and international markets. Its logistics infrastructure supports these operations through a network of terminals, pipelines, and storage facilities.
The merchant refining business model is characterized by high sensitivity to crack spreads, which represent the price differential between crude oil inputs and refined product outputs. Unlike integrated oil majors, independent refiners like PBF typically lack upstream production assets, making their margins dependent on regional fuel demand and global crude pricing volatility.
For a detailed analysis of the companys historical performance and valuation metrics, consider reviewing the comprehensive data available on ValueRay.
- Crack spreads and refining margins dictate core quarterly earnings volatility
- High RINs compliance costs create significant regulatory and operational headwinds
- Regional fuel demand fluctuations across PBFs diversified US refining footprint
- Strategic investment in renewable diesel production diversifies long-term revenue streams
- Crude oil price volatility impacts feedstock costs and inventory valuation metrics
| Net Income: 441.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA 3.00 > 1.0 |
| NWC/Revenue: 4.62% < 20% (prev 3.46%; Δ 1.16% < -1%) |
| CFO/TA 0.02 > 3% & CFO 259.7m > Net Income 441.6m |
| Net Debt (3.86b) to EBITDA (995.6m): 3.88 < 3 |
| Current Ratio: 1.31 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.6m) vs 12m ago 5.20% < -2% |
| Gross Margin: 1.10% > 18% (prev -0.03%; Δ 113.5% > 0.5%) |
| Asset Turnover: 217.5% > 50% (prev 242.1%; Δ -24.60% > 0%) |
| Interest Coverage Ratio: 1.91 > 6 (EBITDA TTM 995.6m / Interest Expense TTM 186.8m) |
| A: 0.09 (Total Current Assets 5.83b - Total Current Liabilities 4.44b) / Total Assets 14.7b |
| B: 0.23 (Retained Earnings 3.32b / Total Assets 14.7b) |
| C: 0.03 (EBIT TTM 357.5m / Avg Total Assets 13.9b) |
| D: 0.37 (Book Value of Equity 3.33b / Total Liabilities 9.07b) |
| Altman-Z'' = 1.91 = BBB |
| DSRI: 1.70 (Receivables 1.94b/1.19b, Revenue 30.2b/31.5b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.93 (AQ_t 0.16 / AQ_t-1 0.17) |
| SGI: 0.96 (Revenue 30.2b / 31.5b) |
| TATA: 0.01 (NI 441.6m - CFO 259.7m) / TA 14.7b) |
| Beneish M = -2.51 (Cap -4..+1) = A |
As of May 27, 2026, the stock is trading at USD 38.26 with a total of 2,569,535 shares traded.
Over the past week, the price has changed by -9.21%,
over one month by -5.52%,
over three months by +6.82% and
over the past year by +94.51%.
PBF Energy has received a consensus analysts rating of 2.73. Therefore, it is recommended to hold PBF.
- StrongBuy: 1
- Buy: 0
- Hold: 10
- Sell: 2
- StrongSell: 2
| Analysts Target Price | 43.3 | 13.3% |
P/E Trailing = 10.6095
P/E Forward = 11.9904
P/S = 0.1577
P/B = 0.8617
P/EG = 2.51
Revenue TTM = 30.2b USD
EBIT TTM = 357.5m USD
EBITDA TTM = 995.6m USD
Long Term Debt = 2.80b USD (from longTermDebt, last quarter)
Short Term Debt = 211.4m USD (from shortTermDebt, last quarter)
Debt = 4.40b USD (from shortLongTermDebtTotal, last quarter) + Leases 799.3m
Net Debt = 3.86b USD (calculated: Debt 4.40b - CCE 541.8m)
Enterprise Value = 8.62b USD (4.76b + Debt 4.40b - CCE 541.8m)
Interest Coverage Ratio = 1.91 (Ebit TTM 357.5m / Interest Expense TTM 186.8m)
EV/FCF = -12.60x (Enterprise Value 8.62b / FCF TTM -683.9m)
FCF Yield = -7.94% (FCF TTM -683.9m / Enterprise Value 8.62b)
FCF Margin = -2.27% (FCF TTM -683.9m / Revenue TTM 30.2b)
Net Margin = 1.46% (Net Income TTM 441.6m / Revenue TTM 30.2b)
Gross Margin = 1.10% ((Revenue TTM 30.2b - Cost of Revenue TTM 29.8b) / Revenue TTM)
Gross Margin QoQ = 6.12% (prev -1.85%)
Tobins Q-Ratio = 0.59 (Enterprise Value 8.62b / Total Assets 14.7b)
Interest Expense / Debt = 4.24% (Interest Expense 186.8m / Debt 4.40b)
Taxrate = 22.55% (58.3m / 258.5m)
NOPAT = 276.9m (EBIT 357.5m * (1 - 22.55%))
Current Ratio = 1.31 (Total Current Assets 5.83b / Total Current Liabilities 4.44b)
Debt / Equity = 0.80 (Debt 4.40b / totalStockholderEquity, last quarter 5.52b)
Debt / EBITDA = 3.88 (Net Debt 3.86b / EBITDA 995.6m)
Debt / FCF = -5.64 (negative FCF - burning cash) (Net Debt 3.86b / FCF TTM -683.9m)
Total Stockholder Equity = 5.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.18% (Net Income 441.6m / Total Assets 14.7b)
RoE = 8.35% (Net Income TTM 441.6m / Total Stockholder Equity 5.29b)
RoCE = 4.42% (EBIT 357.5m / Capital Employed (Equity 5.29b + L.T.Debt 2.80b))
RoIC = 2.64% (NOPAT 276.9m / Invested Capital 10.5b)
WACC = 6.36% (E(4.76b)/V(9.16b) * Re(9.21%) + D(4.40b)/V(9.16b) * Rd(4.24%) * (1-Tc(0.23)))
Discount Rate = 9.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -13.48 | Cagr: -0.47%
[DCF] Fair Price = unknown (Cash Flow -683.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.04 | # QB: 0
Revenue Correlation: -97.56 | Revenue CAGR: -12.96% | SUE: 0.73 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.78 | Chg30d=+27.23% | Revisions=+25% | Analysts=9
EPS next Quarter (2026-09-30): EPS=3.26 | Chg30d=-2.35% | Revisions=-14% | Analysts=3
EPS current Year (2026-12-31): EPS=6.63 | Chg30d=+18.84% | Revisions=-9% | GrowthEPS=+260.4% | GrowthRev=+23.6%
EPS next Year (2027-12-31): EPS=4.80 | Chg30d=+16.41% | Revisions=-14% | GrowthEPS=-53.6% | GrowthRev=-7.4%
[Analyst] Revisions Ratio: +25%