PBF Energy Inc (PBF)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -533,800 | 2,140,500 | 2,876,800 | 231,000 | -1,392,400 |
| Revenue | US$ in thousands | 33,117,900 | 38,256,600 | 46,517,300 | 27,018,800 | 15,313,300 |
| Net profit margin | -1.61% | 5.60% | 6.18% | 0.85% | -9.09% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-533,800K ÷ $33,117,900K
= -1.61%
Net profit margin is a key financial metric used to evaluate a company's profitability by measuring the percentage of revenue that translates into net income. Analyzing PBF Energy Inc's net profit margin over the years reveals fluctuations in the company's ability to generate profits efficiently.
- As of December 31, 2020, PBF Energy Inc recorded a negative net profit margin of -9.09%, indicating that the company's expenses exceeded its revenues, resulting in a net loss.
- In the following year, the net profit margin improved significantly to 0.85%, reflecting a positive shift in the company's profitability.
- By December 31, 2022, the net profit margin further increased to 6.18%, signaling improved efficiency in turning revenue into profit.
- Although there was a slight dip in profitability by December 31, 2023, with a net profit margin of 5.60%, the company maintained a relatively healthy margin.
- However, by December 31, 2024, the net profit margin decreased to -1.61%, indicating a decline in profitability compared to the previous year.
Overall, PBF Energy Inc's net profit margin has displayed variations in profitability performance over the years, showing both improvements and setbacks in the company's ability to generate profits after accounting for all expenses.
Peer comparison
Dec 31, 2024