PBF Energy Inc. (PBF) quarterly cash flow statement — complete operating, investing & financing history
PBF Energy Inc. (PBF) cash flow statement — 17-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.2B | -323.7M | 366.6M | 25.7M | 191.1M | -661.4M | -329.7M | -68M | 425.3M | 15.8M | 305.9M | 526.9M | 68.1M | 437.6M | 1.12B | 1.38B | 1.96B | 312.3M | 151.6M | 261M |
| Operating CF Margin % | 10.25% | -4.1% | 5.13% | 0.34% | 2.56% | -9.36% | -4.48% | -0.81% | 4.87% | 0.18% | 3.35% | 4.91% | 0.74% | 4.71% | 10.35% | 10.81% | 13.9% | 3.42% | 1.84% | 3.63% |
| Operating CF Growth % | 526.37% | 51.06% | 211.19% | 137.79% | -55.07% | -4286.08% | -207.78% | -112.91% | 524.52% | -96.39% | -72.76% | -61.82% | -96.52% | 40.12% | 640.83% | 428.7% | 2395.79% | 2379.56% | -5.84% | 259.34% |
| Net Income | 915M | 200.2M | 79.1M | 171.7M | -5.4M | -405.9M | -540.2M | -289.1M | -65.2M | 106.6M | -48.4M | 786.4M | 1.03B | 382.1M | 656.1M | 1.08B | 1.24B | -3.3M | 189.1M | 78.7M |
| Depreciation & Amortization | 167.8M | 163.5M | 153.9M | 167.4M | 166.3M | 175.2M | 166.9M | 165.6M | 158.1M | 148.5M | 143.3M | 143.9M | 149.6M | 150.1M | 145M | 135.9M | 128.4M | 124.6M | 122.6M | 120.3M |
| Stock-Based Compensation | 9M | 8.4M | 9.2M | 8.4M | 10M | 11.4M | 14.2M | 9.1M | 8.6M | 12.4M | 23.8M | 8.8M | 9.7M | 9.2M | 29.4M | 6.9M | 10.3M | 7.7M | 10.9M | 6.9M |
| Deferred Taxes | 219M | 57.9M | 6.1M | 63.8M | -5.4M | -142.4M | -122.6M | -125.9M | 4.1M | 5.2M | 118.7M | 104.7M | 269.2M | 42.4M | 256.8M | 105.3M | 333.5M | 13.2M | 51.5M | 12M |
| Other Non-Cash Items | -61.7M | -414M | 197.6M | -311.1M | -53.8M | -95.3M | 110.6M | 196.8M | 28.7M | -24.2M | 9.2M | 100.8M | -961.2M | -7M | -52.7M | 71.4M | 116M | 26.5M | -52.5M | -61.3M |
| Working Capital Changes | -52.1M | -339.7M | -79.3M | -74.5M | 79.4M | -204.4M | 41.4M | -24.5M | 291M | -232.7M | 59.3M | -617.7M | -429.6M | -139.2M | 88.5M | -23.8M | 132.7M | 143.6M | -170M | 104.4M |
| Change in Receivables | 97.8M | -770.3M | -39.8M | -1.8M | 9.7M | 30.2M | 81.4M | 263.8M | -331M | 183.3M | 220.9M | -214.8M | -184.6M | 272.3M | 173.8M | 337.3M | -152.4M | -537.5M | -220.8M | -49M |
| Change in Inventory | -110.8M | -202.2M | -133.4M | 27.2M | 120.9M | -295.5M | 165M | 104M | 27M | 291.9M | -2.2M | -263.2M | -52.3M | -91.3M | -74.1M | 286.9M | -82.9M | -388.4M | 326.3M | -195.2M |
| Change in Payables | -39.1M | 85.8M | -60.5M | -130.1M | 60.3M | 133.8M | -223.8M | -168.4M | 224.4M | -28.9M | -285.7M | 613.7M | -100.9M | -102.4M | -80.3M | -412.3M | -286.9M | 683.8M | 446.5M | -339.2M |
| Cash from Investing | -104.3M | -401.8M | -20.8M | -88.1M | -153.8M | -217.5M | -236.5M | -187.4M | -333.2M | -284.4M | -232.8M | 208.9M | 64M | -378.7M | -327.2M | -246.8M | -211.4M | -225.5M | -161.3M | -87.6M |
| Capital Expenditures | 349.4M | -349.4M | -289.6M | -148.5M | -156.1M | -111M | -96M | -105.3M | -73.8M | -139.6M | -81.7M | -130.8M | -207.3M | -239.8M | -241.8M | -165M | -108.2M | -118.3M | -107.1M | -57.4M |
| CapEx % of Revenue | 2.99% | 4.42% | 4.06% | 1.94% | 2.09% | 1.57% | 1.31% | 1.26% | 0.84% | 1.61% | 0.89% | 1.22% | 2.26% | 2.58% | 2.23% | 1.29% | 0.77% | 1.29% | 1.3% | 0.8% |
| Acquisitions | -1.2M | 1.2M | -24.1M | 800K | 900K | 800K | 0 | -34.6M | 0 | 0 | 500K | 399.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -452.5M | -53.6M | 292.9M | 59.6M | 1.4M | -107.3M | -140.5M | -47M | -259.4M | -144.8M | -151.6M | -59.4M | 271.3M | -138.9M | -85.4M | -81.8M | -103.2M | -107.2M | -54.2M | -30.2M |
| Cash from Financing | -767.2M | 739.4M | -299.9M | -46.3M | 84.8M | 811.4M | 125.6M | -135.4M | -166.4M | -73.4M | -182.1M | -360.2M | -231.3M | -646.4M | -500.9M | -1.4B | -1.01B | 6.3M | -121.3M | -180.6M |
| Debt Issued (Net) | 0 | 647M | -252.8M | -2.7M | 147.3M | 785.5M | 196.9M | -3M | -3.1M | -3M | -3M | -204.3M | -2.9M | -527.9M | -30.1M | -1.4B | -973.6M | -28M | -89.9M | -131.3M |
| Equity Issued (Net) | -27.8M | 27.8M | 6M | 1.6M | 0 | 0 | -29M | -75M | -100.1M | -125M | -149.9M | -115M | -100M | -167.6M | -156.4M | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -31.9M | -31.9M | -31.8M | -31.6M | -31.3M | -31.3M | -31.6M | -29M | -29.3M | -29.6M | -30.6M | -24.6M | -25.1M | -25.8M | -24.7M | -9.9M | -9.8M | -9.8M | -9.7M | -9.8M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -29M | -75M | -100.1M | -125M | -149.9M | -115M | -100M | -167.6M | -156.4M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -707.5M | 96.5M | -21.3M | -13.6M | -31.2M | 57.2M | -10.7M | -28.4M | -33.9M | 84.2M | 1.4M | -16.3M | -103.3M | 74.9M | -289.7M | 10.5M | -22.2M | 44.1M | -21.7M | -39.5M |
| Net Change in Cash | 325.5M | 13.9M | 45.9M | -108.7M | 122.1M | -67.5M | -440.6M | -390.5M | -74.3M | -342M | -109M | 375.6M | -99.2M | -587.5M | 295M | -265.7M | 739.7M | 93.1M | -131M | -7.2M |
| Free Cash Flow | 1.55B | -673.1M | 77M | -122.8M | 35M | -772.4M | -425.7M | -169.8M | 371.8M | -123.8M | 224.2M | 396.1M | -139.2M | 197.8M | 881.3M | 1.21B | 1.85B | 194M | 44.5M | 203.6M |
| FCF Margin % | 13.24% | -8.52% | 1.08% | -1.6% | 0.47% | -10.93% | -5.79% | -2.03% | 4.26% | -1.43% | 2.45% | 3.69% | -1.52% | 2.13% | 8.13% | 9.52% | 13.13% | 2.12% | 0.54% | 2.83% |
| FCF Growth % | 4318.29% | 12.86% | 118.09% | 27.68% | -90.59% | -523.91% | -289.88% | -142.87% | 367.1% | -162.59% | -74.56% | -67.4% | -107.53% | 1.96% | 1880.45% | 496.71% | 5824.68% | 479.65% | -63.76% | 201.09% |
| FCF per Share | 12.77 | -5.58 | 0.65 | -1.04 | 0.31 | -6.74 | -3.70 | -1.46 | 3.15 | -0.99 | 1.84 | 3.05 | -1.07 | 1.47 | 6.67 | 9.60 | 14.71 | 1.61 | 0.36 | 1.68 |
| FCF Conversion (FCF/Net Income) | 1.32x | -1.63x | 4.68x | 0.15x | -36.75x | 1.65x | 1.14x | 0.24x | -6.52x | 0.15x | -6.32x | 0.67x | 0.07x | 1.15x | 1.76x | 1.31x | 1.63x | -14.80x | 0.92x | 4.42x |
| Interest Paid | 0 | 75.9M | 6.8M | 89.5M | 11.9M | 48.7M | -200K | 24.7M | 22.3M | 46.3M | -2.6M | 51.9M | 22.3M | 32M | 46.9M | 52.3M | 115.9M | 34.6M | 110.4M | 44.2M |
| Taxes Paid | 0 | 100K | 900K | 700K | 2.3M | 100K | -14.6M | 1.1M | 13.4M | 100K | 87.8M | 83.8M | 123.9M | 3.5M | 85.6M | 61.4M | 1.8M | 100K | 400K | 600K |