PBF (PBF Energy) Gross Margin %: 3.52% (As of Mar. 2026) — Near Median


PBF PBF Energy Inc PBF
64 GF Score
Price $40.34
GF Value $33.68
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PBF Energy Gross Margin %?

PBF Energy PBF -0.86% 64 Gross Margin % is 3.52% as of Mar. 2026, which is 1% above its 10-year median of 3.50. GuruFocus rates PBF with a GF Score™ of 64/100 and a GF Value™ of $33.68 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 867 Oil & Gas companies, PBF Energy ranks worse than 93.43% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PBF Energy's Gross Profit for the three months ended in Mar. 2026 was $279 Mil. PBF Energy's Revenue for the three months ended in Mar. 2026 was $7,904 Mil. Therefore, PBF Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 3.52%.


The historical rank and industry rank for PBF Energy's Gross Margin % or its related term are showing as below:

PBF' s Gross Margin % Range Over the Past 10 Years
Min: -10.78   Med: 3.5   Max: 9.99
Current: 0.42


During the past 13 years, the highest Gross Margin % of PBF Energy was 9.99%. The lowest was -10.78%. And the median was 3.50%.

PBF's Gross Margin % is ranked worse than
93.43% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs PBF: 0.42

PBF Energy had a gross margin of 3.52% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PBF Energy was 0.00% per year.


PBF Energy  (NYSE:PBF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

PBF Energy had a gross margin of 3.52% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


PBF Energy Gross Margin % Related Terms


PBF Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for PBF Energy's Gross Margin % 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.

PBF Energy Gross Margin % Chart

PBF Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 9.99 6.26 -1.12 -1.95

PBF Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 -5.95 -0.78 0.51 -1.85 3.52

PBF vs IEP, CVI, PARR: Gross Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, PBF Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PBF Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PBF Energy's Gross Margin % falls into.


PBF
64GF Score
PBF Energy Inc PBF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PBF Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

PBF Energy's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-571 / 29332.3
=(Revenue - Cost of Goods Sold) / Revenue
=(29332.3 - 29903.3) / 29332.3
=-1.95 %

PBF Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=278.5 / 7904.3
=(Revenue - Cost of Goods Sold) / Revenue
=(7904.3 - 7625.8) / 7904.3
=3.52 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 3.52% mean?
PBF Energy (PBF) has a Gross Margin % of 3.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PBF Energy and its competitors. This is near median its historical median of 3.50. According to the industry distribution chart, PBF Energy ranks #810 out of 867 companies in the Oil & Gas industry, placing it in the top 93.4%.
Is PBF Energy's Gross Margin % too high?
PBF Energy's current Gross Margin % of 3.52% is near median its 10-year median of 3.50. The Oil & Gas industry median Gross Margin % is 25.70. PBF Energy's value of 3.52% is 86.3% below this industry median. Based on the distribution chart, PBF Energy ranks #810 out of 867 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PBF Energy has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PBF Energy's Gross Margin % compare to IEP and CVI?
According to the Oil & Gas industry distribution chart, PBF Energy ranks #810 out of 867 companies for Gross Margin %. This places PBF Energy in the lower half of its industry. The industry median Gross Margin % is 25.70. PBF Energy's value of 3.52% is 86.3% below this benchmark. While the company's 10-year median is 3.50 vs. the industry median of 25.70, PBF Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PBF Energy's current Gross Margin % of 3.52% is 86.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on PBF Energy and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBF Energy's current Gross Margin % is 3.52%, which is near median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBF Energy stock overvalued right now?
Based on GuruFocus' analysis, PBF Energy (PBF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.68, compared to a current price of $40.34 — trading 19.8% above its estimated fair value. The current Gross Margin % is 3.52%, which is near median its 10-year median of 3.50 and 86.3% below the Oil & Gas industry median of 25.70. PBF Energy's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For PBF Energy (PBF), the current Gross Margin % is 3.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PBF Energy (PBF) Overvalued in 2026?

Based on GuruFocus' analysis, PBF Energy stock appears to be overvalued. The current stock price of $40.34 is trading 19.8% above its estimated GF Value™ of $33.68. GuruFocus considers PBF Energy to be Modestly Overvalued.

Key valuation signals for PBF:

  • Gross Margin %: 3.52% (near median its 10-year median of 3.50)
  • GF Value™: $33.68 vs. price of $40.34 (19.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 86.3% below the Oil & Gas median (#810 of 867)

No single metric tells the full story. See the PBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PBF Energy Business Description

Industry EnergyOil & Gas
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.
64GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.34
Price
$33.68
GF Value