PBF Energy Inc (PBF)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -699,000 | -363,000 | 1,100,400 | 2,564,200 | 2,951,500 | 3,954,300 | 4,277,200 | 4,594,600 | 4,153,200 | 3,488,700 | 2,189,600 | 630,500 | 597,200 | -22,000 | -465,600 | 7,700 | -1,416,800 | -965,700 | -471,100 | -1,082,400 |
| Revenue (ttm) | US$ in thousands | 33,117,900 | 34,844,200 | 37,188,300 | 37,613,300 | 38,256,600 | 39,942,800 | 41,879,800 | 46,732,000 | 46,517,300 | 43,892,800 | 38,415,600 | 31,236,900 | 27,018,800 | 22,417,400 | 18,848,000 | 14,952,300 | 15,313,300 | 17,992,600 | 20,860,300 | 24,498,100 |
| Operating profit margin | -2.11% | -1.04% | 2.96% | 6.82% | 7.72% | 9.90% | 10.21% | 9.83% | 8.93% | 7.95% | 5.70% | 2.02% | 2.21% | -0.10% | -2.47% | 0.05% | -9.25% | -5.37% | -2.26% | -4.42% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-699,000K ÷ $33,117,900K
= -2.11%
The operating profit margin of PBF Energy Inc has displayed significant fluctuations over the reported periods. The company experienced negative operating profit margins from March 31, 2020, through to December 31, 2021, indicating operational challenges and inefficiencies during that time. However, there was a notable turnaround starting from March 31, 2022, with the operating profit margin turning positive and showing steady improvement through to December 31, 2023.
The operating profit margin peaked at 10.21% on June 30, 2023, before slightly declining to 9.90% on September 30, 2023, and further to 7.72% on December 31, 2023. The trend continued with a gradual decrease in the operating profit margin to 6.82% as of March 31, 2024, and a more significant decline to -2.11% by December 31, 2024.
Overall, the operating profit margin of PBF Energy Inc has shown volatility and a mix of positive and negative trends over the analyzed periods, reflecting possible changes in the company's operational efficiency, cost management, and revenue generation strategies.
Peer comparison
Dec 31, 2024