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% on a YoY basis from $7.4 billion in Q2 2025, and up 36.84% quarter-over-quarter from $7.6 billion in Q1 2026.
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Analysis
PBF Energy (PBF) Operating Expenses (2012 - 2026) Analysis & Trends
PBF Energy (PBF) has reported Operating Expenses for 11 consecutive years, with $10.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 40.01% year-over-year to $10.4 billion; the trailing twelve-month figure through Jun 2026 stood at $32.4 billion (up 2.78% YoY), and the FY2025 full-year result was $29.4 billion, down 13.09% from the prior year.
- Operating Expenses rose to $10.4 billion in Q2 2026 per PBF's latest filing, from $7.6 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $12.4 billion in Q2 2022 and bottomed at $7.0 billion in Q4 2025.
- Historically, Operating Expenses has averaged $8.8 billion across 5 years, with a median of $8.8 billion in 2023.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses tumbled 37.21% in 2023, then jumped 40.01% in 2026.
- Over 5 years, Operating Expenses stood at $9.9 billion in 2022, then declined by 7.13% to $9.2 billion in 2023, then slipped by 15.8% to $7.7 billion in 2024, then slipped by 9.35% to $7.0 billion in 2025, then soared by 48.42% to $10.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $10.4 billion, $7.6 billion, and $7.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 45.02 Bn |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 266.00 Mn |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 9.22 Bn |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 13.68 Bn |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 10.41 Bn |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | -284.31 Mn |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 52.00 Mn |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | 3.36 Bn |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 3.78 Bn |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 2.33 Bn |
Historic Data
Download Data
Historic 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 | 6.28 Bn |
| Sep 30, 2017 | 4.89 Bn |
| Jun 30, 2017 | 5.13 Bn |
API Access
PBF Energy Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PBF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PBF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PBF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();