PBF Energy (PBF) Operating Margin (2012 - 2026)
PBF Energy (PBF) recorded Operating Margin of 10.89% in Q2 2026, up 10.32 percentage points from 0.58% a year earlier and up 7.10 percentage points from the prior quarter.
PBF Energy (PBF) Operating Margin (2012 - 2026) Analysis & Trends
On a TTM basis, PBF Energy's Operating Margin came in at 5.78% as of Jun 30, 2026, up 9.86 percentage points year-over-year; for FY2025, it came in at -0.19%, up 1.93 percentage points from FY2024.
- Annual Operating Margin has a four-year change of -2.38 percentage points (FY2021 to FY2025).
- Across earlier years, Operating Margin came in at -2.11% in FY2024 (-9.81 pp), 7.70% in FY2023 (-1.17 pp), 8.87% in FY2022 (+6.68 pp) and 2.19% in FY2021.
- The Q2 2026 figure is the highest quarterly Operating Margin since Q2 2023.
- On a year-over-year basis, Operating Margin has increased for five consecutive quarters, with an average year-over-year change of +1.23 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 11.02 percentage points in Q1 2026, against a drop of 16.02 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.79% (Q1 2026), 1.79% (Q4 2025) and 3.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 13.99% |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 11.68% |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 11.24% |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 10.89% |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 4.09% |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 7.25% |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 2.85% |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 7.40% |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | - |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 21.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.89% |
| Mar 31, 2026 | 3.79% |
| Dec 31, 2025 | 1.79% |
| Sep 30, 2025 | 3.74% |
| Jun 30, 2025 | 0.58% |
| Mar 31, 2025 | -7.23% |
| Dec 31, 2024 | -5.21% |
| Sep 30, 2024 | -4.61% |
| Jun 30, 2024 | -0.85% |
| Mar 31, 2024 | 1.68% |
| Dec 31, 2023 | -0.52% |
| Sep 30, 2023 | 10.03% |
| Jun 30, 2023 | 15.17% |
| Mar 31, 2023 | 5.73% |
| Dec 31, 2022 | 8.81% |
| Sep 30, 2022 | 10.97% |
| Jun 30, 2022 | 12.12% |
| Mar 31, 2022 | 1.00% |
| Dec 31, 2021 | 3.53% |
| Sep 30, 2021 | 1.40% |
PBF Energy Operating Margin 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-margin&ticker=PBF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=PBF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();