PBF Energy Inc (PBF)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands 2,140,500 2,876,800 231,000 -1,392,400 319,400
Revenue US$ in thousands 38,256,600 46,517,300 27,018,800 15,313,300 24,508,200
Net profit margin 5.60% 6.18% 0.85% -9.09% 1.30%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $2,140,500K ÷ $38,256,600K
= 5.60%

The net profit margin of PBF Energy Inc has fluctuated over the past five years. In 2023, the net profit margin stood at 5.59%, showing a slight decrease from the previous year's margin of 6.14%. However, it is significantly higher compared to the margins recorded in 2021 and 2019, which were 0.85% and 1.30% respectively. Notably, in 2020, the company experienced a negative net profit margin of -9.21%, indicating a loss for that year. Overall, the fluctuation in net profit margin over the years suggests varying levels of profitability and operational efficiency for PBF Energy Inc.


Peer comparison

Dec 31, 2023