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| Date | Value |
|---|---|
| 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 |