PBF Energy Inc (PBF)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -690,200 | 2,928,100 | 3,707,600 | 560,600 | -1,132,100 |
| Long-term debt | US$ in thousands | 1,457,300 | 1,245,900 | 1,434,900 | 4,295,800 | 4,653,600 |
| Total stockholders’ equity | US$ in thousands | 5,544,200 | 6,488,300 | 4,929,200 | 1,926,200 | 1,642,800 |
| Return on total capital | -9.86% | 37.86% | 58.26% | 9.01% | -17.98% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-690,200K ÷ ($1,457,300K + $5,544,200K)
= -9.86%
PBF Energy Inc's return on total capital demonstrates significant fluctuations over the analyzed period. In December 2020, the company reported a negative return of -17.98%, indicating inefficient capital utilization. However, there was a notable improvement in December 2021, with the return increasing to 9.01%, suggesting better operational performance and capital efficiency.
The most substantial improvement in return on total capital was observed in December 2022, surging to 58.26%, reflecting a significant enhancement in the company's profitability and effective capital allocation strategies. The positive trend continued in December 2023, with a steady return of 37.86%, indicating sustained performance and a strong utilization of capital resources.
However, there was a downturn in December 2024, as the return on total capital declined to -9.86%, highlighting potential challenges or factors affecting the company's profitability and capital efficiency. Overall, PBF Energy Inc's return on total capital showcases variability, emphasizing the importance of monitoring financial performance consistently to assess operational effectiveness and capital utilization.
Peer comparison
Dec 31, 2024