PBF Energy (PBF) Operating Expenses (2012 - 2026)

PBF Energy (PBF) reported Operating Expenses of $7.6 billion for Q1 2026, little changed on a YoY basis from $7.6 billion in Q1 2025, and up 8.46% quarter-over-quarter from $7.0 billion in Q4 2025.

PBF Energy (PBF) Operating Expenses (2012 - 2026) Analysis & Trends

PBF Energy has reported Operating Expenses for 11 years, with the latest figure at $7.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses changed 0.36% year-over-year to $7.6 billion; the trailing twelve-month figure through Mar 2026 stood at $29.4 billion (down 10.57% YoY), and the FY2025 full-year result was $29.4 billion, down 13.09% from the prior year.
  • Operating Expenses for Q1 2026 stood at $7.6 billion, up from $7.0 billion in the prior quarter.
  • The five-year high for Operating Expenses was $12.4 billion in Q2 2022, with the low at $7.0 billion in Q4 2025.
  • Historically, Operating Expenses has averaged $8.7 billion across 5 years, with a median of $8.6 billion in 2023.
  • Annual changes were most pronounced in 2023 — Operating Expenses slumped 37.21% — and 2024, when it increased 13.42%.
  • PBF Energy's Operating Expenses stood at $9.9 billion in 2022, then slipped by 7.13% to $9.2 billion in 2023, then slipped by 15.8% to $7.7 billion in 2024, then dropped by 9.35% to $7.0 billion in 2025, then increased by 8.46% to $7.6 billion in 2026.
  • The last three Operating Expenses figures came in at $7.6 billion (Q1 2026), $7.0 billion (Q4 2025), and $7.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 33.16 Bn
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 385.00 Mn
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 32.74 Bn
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 6.28 Bn
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 330.00 Mn
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn 803.77 Mn
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn 2.82 Bn
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 7.60 Bn
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 60.00 Mn
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn 2.83 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.60 Bn
Dec 31, 2025 7.01 Bn
Sep 30, 2025 7.37 Bn
Jun 30, 2025 7.43 Bn
Mar 31, 2025 7.58 Bn
Dec 31, 2024 7.73 Bn
Sep 30, 2024 8.77 Bn
Jun 30, 2024 8.81 Bn
Mar 31, 2024 8.50 Bn
Dec 31, 2023 9.19 Bn
Sep 30, 2023 9.66 Bn
Jun 30, 2023 7.77 Bn
Mar 31, 2023 8.76 Bn
Dec 31, 2022 9.89 Bn
Sep 30, 2022 11.36 Bn
Jun 30, 2022 12.37 Bn
Dec 31, 2017 19.79 Bn
Sep 30, 2017 402.91 Mn
Jun 30, 2017 412.86 Mn
Mar 31, 2017 451.37 Mn