PBF Energy (PBF) Operating Expenses (2012 - 2026)
PBF Energy's (PBF) quarterly Operating Expenses came in at $10.4 billion in Q2 2026, up 40.01% YoY from $7.4 billion in Q2 2025, and up 36.84% on a QoQ basis from $7.6 billion in Q1 2026.
PBF Energy (PBF) Operating Expenses (2012 - 2026) Analysis & Trends
PBF Energy (PBF) has 11 years of Operating Expenses data on file, last reported at $10.4 billion in Q2 2026.
- Quarterly Operating Expenses rose 40.01% year-over-year to $10.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $32.4 billion (up 2.78% YoY) and the FY2025 annual result came in at $29.4 billion, down 13.09% from the prior year.
- Operating Expenses advanced to $10.4 billion in Q2 2026, from $7.6 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $12.4 billion in Q2 2022 to a low of $7.0 billion in Q4 2025.
- A 5-year average of $8.8 billion and a median of $8.8 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 37.21% — and 2026, when it soared 40.01%.
- Tracing PBF's Operating Expenses over 5 years: stood at $9.9 billion in 2022, then slipped by 7.13% to $9.2 billion in 2023, then retreated by 15.8% to $7.7 billion in 2024, then retreated by 9.35% to $7.0 billion in 2025, then jumped by 48.42% to $10.4 billion in 2026.
- The last three Operating Expenses figures came in at $10.4 billion (Q2 2026), $7.6 billion (Q1 2026), and $7.0 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 95.66 Bn | 87.89 Bn | 9.27 Bn | 45.02 Bn |
| 2 | Valero Energy | 94.75 Bn | 86.88 Bn | 5.47 Bn | 233.00 Mn |
| 3 | Phillips 66 | 89.01 Bn | 84.91 Bn | 8.38 Bn | 47.07 Bn |
| 4 | HF Sinclair | 15.53 Bn | 13.27 Bn | 1.57 Bn | 9.22 Bn |
| 5 | Sunoco | 10.05 Bn | 9.28 Bn | 1.46 Bn | 13.68 Bn |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 10.41 Bn |
| 7 | Cosan | 6.54 Bn | 1.43 Bn | 552.94 Mn | 803.77 Mn |
| 8 | Ultrapar Holdings | 6.44 Bn | 4.72 Bn | 603.08 Mn | -124.64 Mn |
| 9 | Icahn Enterprises | 5.02 Bn | 3.05 Bn | 198.00 Mn | 3.36 Bn |
| 10 | Delek US Holdings | 3.90 Bn | 3.27 Bn | 365.10 Mn | 3.78 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.41 Bn |
| 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 | -13.09 Bn |
| Sep 30, 2017 | 4.89 Bn |
| Jun 30, 2017 | 5.13 Bn |