GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PBF Energy Inc (NYSE:PBF) » Definitions » Degree of Operating Leverage

PBF (PBF Energy) Degree of Operating Leverage : 8.93 (As of Dec. 2024)


View and export this data going back to 2012. Start your Free Trial

What is PBF Energy Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. PBF Energy's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was 8.93. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for PBF Energy's Degree of Operating Leverage or its related term are showing as below:

PBF's Degree of Operating Leverage is ranked worse than
86.35% of 901 companies
in the Oil & Gas industry
Industry Median: 0.98 vs PBF: 8.93

PBF Energy Degree of Operating Leverage Historical Data

The historical data trend for PBF Energy's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PBF Energy Degree of Operating Leverage Chart

PBF Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.99 -1.99 6.86 1.15 8.93

PBF Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 2.01 6.46 8.51 8.93

Competitive Comparison of PBF Energy's Degree of Operating Leverage

For the Oil & Gas Refining & Marketing subindustry, PBF Energy's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PBF Energy's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PBF Energy's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where PBF Energy's Degree of Operating Leverage falls into.


;
;

PBF Energy Degree of Operating Leverage Calculation

PBF Energy's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -645.4 (Dec. 2024) / 3024.6 (Dec. 2023) - 1 )/( 33115.3 (Dec. 2024) / 38324.8 (Dec. 2023) - 1 )
=-1.2134/-0.1359
=8.93***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


PBF Energy  (NYSE:PBF) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


PBF Energy Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of PBF Energy's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


PBF Energy Business Description

Industry
Traded in Other Exchanges
Address
One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.
Executives
Control Empresarial De Capitales S.a. De C.v. 10 percent owner, other: Add'l Rep. Persons-see Ex.99-1 INSURGENTES SUR #3500, PB, COL. PENA POBRE, DELEGACION TLALPAN, CP, MEXICO D.F. O5 14060
Paul T Davis officer: Vice President ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
O Connor Thomas L officer: Senior Vice President ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Trecia M Canty officer: SVP and General Counsel 1 SYLVAN WAY, 2ND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
James E. Fedena officer: Senior Vice President 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Damian W. Wilmot director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Georganne Hodges director 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Lawrence Michael Ziemba director 600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
S Eugene Edwards director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
John C Barone officer: Principal Accounting Officer 1 SYLVAN WAY, SECOND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
George E. Ogden director 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Karen Berriman Davis director 123 WEST MILLS AVENUE, SUITE 200, EL PASO TX 79901
Thomas J. Nimbley director, officer: Chief Executive Officer C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
Matthew C. Lucey officer: President C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
C Erik Young officer: Chief Financial Officer, SVP C/O PBF ENERGY INC., 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054