PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana.
It is a $10.1B energy company. Revenue grew 13.5% over the last year, it keeps 4¢ of every dollar of sales as profit, and its net debt equals ~2.2 years of free cash flow. It trades at 7.4× earnings — in the most expensive third of its own history.
- Website
- pbfenergy.com
- Location
- Parsippany, NJ
- Employees
- 3 678
- Sector
- Energy
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Growth, Profitability, Health and Moat lag behind.
Valuation70
- P/E vs own history88th pct · 0/25
- FCF yield7.4% · 20/25
- P/S0.3x · 25/25
- EV/EBITDA4.2x · 25/25
Growth31
- Revenue CAGR1.9% · 6/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth35.3% · 25/25
Profitability31
- ROIC-0.2% · 0/25
- ROE24.1% · 20/25
- Net margin3.9% · 6/25
- Operating margin5.8% · 5/25
Health27
- Altman Zn/a · 0/25
- Current ratio1.33 · 12/25
- Interest coverage0.0x · 3/25
- Net cash / debtD/A 12% · 12/25
Quality65
- Piotroski F3/9 · 5/25
- Beneish M-2.72 · 25/25
- FCF conversion55% · 15/25
- Margin stabilityσ 7.3% · 20/25
Moat16
- ROIC >12% years3/10 yrs · 6/25
- Median gross margin3.3% · 0/25
- FCF-positive years7/10 yrs · 10/25
- Worst-year net marginworst -9.2% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2022FinancialBecame debt-freecash now exceeds total debt
- FY2022FinancialBest year on record$2.88B net income
- Nov 30, 2022AcquisitionPBF Energy acquired of the common units representing limited partner interests in PBF Logistics
- 2020AcquisitionWith the acquisition of the Martinez Refinery, PBF Energy currently owns and operates six domestic…
- FY2019FinancialRevenue crossed $1B$24.5B for the year
- FY2019FinancialRevenue crossed $10B$24.5B for the year
- FY2016FinancialFirst recorded profitable year$171M net income
- 2016AcquisitionPBF acquired the 155,000 BPD ExxonMobil refinery in Torrance, California for $537.5M
- 2015AcquisitionPBF acquired the 189,000 BPD Chalmette, Louisiana refinery from ExxonMobil and its partner, the state-owned…
- 2012IPOPBF went public in December 2012 with a $533 million initial public offering
- 2010AcquisitionPetroplus announced plans to sell its 32.62 percent stake to its partners for $91 million as PBF…
- 2008MilestonePBF was formed in 2008 as a joint venture by Petroplus Holdings and the private equity companies Blackstone Group…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Revenue growing 13.5% year over year
Watch-outs
- Thin interest coverage (0.0×)
- Loss-making in 3 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+13.5% YoY
- Profitable — makes more than it spends$1.35B TTM
- Profit growing — earnings are higher than last year+70.3% YoY
- Generates cash — cash left after running and investing$743M TTM
- Debt under control — could handle its obligations~2.2y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$10.1B market cap
- Not printing shares — share count not ballooning — you keep your slice-4.8% shares over ~5y
- Proven track record — years of profitability behind it7/10 profitable years
- Financially stable — balance sheet not near distresshealth score 37/100
- Pays a dividend — returns cash to shareholdersyield 1.27%
- Valuation not extreme — price not wildly above earningsP/E 7.4
Peer comparisonPBF Energy Inc. vs 6 largest energy peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| PBF this company | $10.1B | 7.4 | +13.5% | 3.9% | Mixed |
| XOM ExxonMobil Holdings Corporation | $694.0B | 21.1 | +9.1% | 8.9% | Mixed |
| CVX Chevron Corporation | $416.8B | 20.3 | +10.2% | 9.6% | Mixed |
| SHEL Shell plc | $284.6B | 11.0 | -6.1% | 6.7% | Solid |
| TTE TotalEnergies SE | $191.1B | 10.9 | -6.8% | 7.2% | Solid |
| COP ConocoPhillips | $161.5B | 17.4 | +9.6% | 14.7% | Strained |
| MPC Marathon Petroleum Corporation | $127.8B | 14.9 | +15.0% | 5.6% | Strained |
Head-to-head: PBF vs XOM · PBF vs CVX · PBF vs SHEL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/PBF
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of PBF on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $84.85 · market cap $10.1B.