PBF Energy Inc (PBF)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -699,000 | 2,951,500 | 4,153,200 | 597,200 | -1,416,800 |
| Revenue | US$ in thousands | 33,117,900 | 38,256,600 | 46,517,300 | 27,018,800 | 15,313,300 |
| Operating profit margin | -2.11% | 7.72% | 8.93% | 2.21% | -9.25% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-699,000K ÷ $33,117,900K
= -2.11%
Based on the data provided, PBF Energy Inc's operating profit margin has shown fluctuations over the years.
- As of December 31, 2020, the operating profit margin was -9.25%, indicating that the company had a negative margin where its operating expenses exceeded its operating income.
- By December 31, 2021, there was an improvement, with the operating profit margin increasing to 2.21%, suggesting that the company was able to generate more operating income relative to its operating expenses.
- The trend continued positively through December 31, 2022, with the operating profit margin further improving to 8.93%, indicating the company's ability to efficiently manage its operating costs and increase profitability.
- However, by December 31, 2023, the operating profit margin slightly decreased to 7.72%, indicating a potential slowdown in the company's profitability growth.
- The data shows a negative turn by December 31, 2024, with an operating profit margin of -2.11%, suggesting that the company might have faced challenges that impacted its profitability negatively during that period.
Overall, it is essential for PBF Energy Inc to monitor its operating profit margin closely, identify the factors influencing the fluctuations, and implement strategies to sustain and enhance its profitability over time.
Peer comparison
Dec 31, 2024