PBF Energy Inc. (PBF) Revenue History
Annual and quarterly revenue from 2009 to present
PBF Revenue Over Time (2009–2025)
PBF Revenue Growth History
9 of 16 years with positive growth- FY2009 revenue growth
- N/A
- FY2010 revenue growth
- +92299.6%
- FY2011 revenue growth
- +7001.3%
- FY2012 revenue growth
- +34.6%
- FY2013 revenue growth
- -4.9%
- FY2014 revenue growth
- +3.5%
- FY2015 revenue growth
- -33.8%
- FY2016 revenue growth
- +21.3%
- FY2017 revenue growth
- +36.8%
- FY2018 revenue growth
- +24.8%
- FY2019 revenue growth
- -9.9%
- FY2020 revenue growth
- -38.3%
- FY2021 revenue growth
- +80.3%
- FY2022 revenue growth
- +71.8%
- FY2023 revenue growth
- -18.2%
- FY2024 revenue growth
- -13.6%
- FY2025 revenue growth
- -11.4%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $7.14B | -2.9% |
| Q3 2025 | $7.65B | -8.7% |
| Q2 2025 | $7.48B | -14.4% |
| Q1 2025 | $7.07B | -18.3% |
| Q4 2024 | $7.35B | -19.6% |
| Q3 2024 | $8.38B | -21.9% |
| Q2 2024 | $8.74B | -4.6% |
| Q1 2024 | $8.65B | -7.0% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
PBF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
PBF Revenue Analysis (2009–2025)
Current Revenue & Growth
As of June 23, 2026, PBF Energy Inc. (PBF) generated trailing twelve-month (TTM) revenue of $29.33 billion, reflecting slight decline in growth of -2.9% year-over-year. The most recent quarter (Q4 2025) recorded $7.14 billion in revenue, down 6.7% sequentially.
Historical Growth Trajectory
PBF's 5-year compound annual growth rate (CAGR) stands at +14.2%, indicating consistent double-digit revenue growth. The 3-year CAGR of -14.4% is below the 5-year average, signalling a growth deceleration in recent years. PBF Energy Inc.'s highest annual revenue of $46.83 billion was recorded in 2022.
Revenue by Segment
PBF's revenue is primarily driven by Prior to elimination (50%), Refining Group (49%), and Logistics Group (1%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Energy sector peers — including VLO (-1.7% YoY), MPC (-1.4% YoY), and PSX (-1.3% YoY) — PBF has underperformed the peer group in revenue growth. Compare PBF vs VLO →
PBF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PBFCurrent | $29.3B | -2.9% | +14.2% | -0.2% | |
 VLO | $122.7B | -1.7% | +13.6% | 3.5% | |
 MPC | $132.7B | -1.4% | +13.7% | 4.3% | |
 PSX | $132.2B | -1.3% | +15.7% | 2.7% | |
 DK | $10.7B | -5.6% | +8.0% | 3.7% | |
 CVI | $7.2B | +1.4% | +12.8% | 2.3% |
PBF Historical Revenue Data (2009–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $29.33B | -11.4% | $-571,000,000 | -1.9% | $-54,300,000 | -0.2% |
| 2024 | $33.12B | -13.6% | $-372,200,000 | -1.1% | $-699,000,000 | -2.1% |
| 2023 | $38.32B | -18.2% | $2.40B | 6.3% | $2.95B | 7.7% |
| 2022 | $46.83B | +71.8% | $4.68B | 10.0% | $4.15B | 8.9% |
| 2021 | $27.25B | +80.3% | $887.2M | 3.3% | $597.2M | 2.2% |
| 2020 | $15.12B | -38.3% | $-1,629,700,000 | -10.8% | $-1,416,800,000 | -9.4% |
| 2019 | $24.51B | -9.9% | $913.1M | 3.7% | $649.0M | 2.6% |
| 2018 | $27.19B | +24.8% | $602.6M | 2.2% | $358.1M | 1.3% |
| 2017 | $21.79B | +36.8% | $960.6M | 4.4% | $731.6M | 3.4% |
| 2016 | $15.92B | +21.3% | $683.0M | 4.3% | $499.5M | 3.1% |
| 2015 | $13.12B | -33.8% | $550.1M | 4.2% | $360.1M | 2.7% |
| 2014 | $19.83B | +3.5% | $473.8M | 2.4% | $147.7M | 0.7% |
| 2013 | $19.15B | -4.9% | $535.5M | 2.8% | $328.4M | 1.7% |
| 2012 | $20.14B | +34.6% | $1.13B | 5.6% | $920.4M | 4.6% |
| 2011 | $14.96B | +7001.3% | $446.3M | 3.0% | $305.7M | 2.0% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
17+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
PBF — Frequently Asked Questions
Quick answers to the most common questions about buying PBF stock.
Is PBF's revenue growth accelerating or slowing?
PBF revenue growth is slowing. TTM revenue is $29.3B, up -2.9% year-over-year — below the 5-year CAGR of +14.2%. The deceleration suggests maturing end-markets or increased competition.
What is PBF's revenue history from 2009 to 2026?
PBF Energy Inc. (PBF) revenue history spans 2009 to 2026. TTM revenue as of 2026 is $29.3B, growing at -2.9% YoY. The 5-year CAGR is +14.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is PBF's long-term revenue growth rate (CAGR)?
PBF Energy Inc.'s 5-year revenue CAGR of +14.2% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -2.9% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for PBF.
Why does PBF's quarterly revenue fluctuate?
PBF quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. PBF Energy Inc.'s revenue data from 2009 to 2026 shows full historical quarterly detail on this page.
How is PBF's revenue distributed by segment?
PBF reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does PBF's revenue compare to industry peers?
PBF Energy Inc. (PBF) with TTM revenue of $29.3B and -2.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.