PBF (PBF Energy) ROE %: 14.63% (As of Mar. 2026) — 43% Above 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 ROE %?

PBF Energy PBF -0.86% 64 ROE % is 14.63% as of Mar. 2026, which is 43% above its 10-year median of 10.24. 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 957 Oil & Gas companies, PBF Energy ranks better than 58.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PBF Energy's annualized net income for the quarter that ended in Mar. 2026 was $793 Mil. PBF Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $5,420 Mil. Therefore, PBF Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 14.63%.

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

PBF' s ROE % Range Over the Past 10 Years
Min: -59.47   Med: 10.24   Max: 83.93
Current: 8.4

During the past 13 years, PBF Energy's highest ROE % was 83.93%. The lowest was -59.47%. And the median was 10.24%.

PBF's ROE % is ranked better than
58.83% of 957 companies
in the Oil & Gas industry
Industry Median: 5.74 vs PBF: 8.40

PBF Energy  (NYSE:PBF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=793.2/5420.05
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(793.2 / 31617.2)*(31617.2 / 13869.25)*(13869.25 / 5420.05)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.51 %*2.2797*2.5589
=ROA %*Equity Multiplier
=5.72 %*2.5589
=14.63 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=793.2/5420.05
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (793.2 / 1034) * (1034 / 740.4) * (740.4 / 31617.2) * (31617.2 / 13869.25) * (13869.25 / 5420.05)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7671 * 1.3965 * 2.34 % * 2.2797 * 2.5589
=14.63 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


PBF Energy ROE % Related Terms


PBF Energy ROE % Historical Data

* Premium members only.

The historical data trend for PBF Energy's ROE % 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 ROE % Chart

PBF Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.94 83.93 37.50 -8.87 -2.92

PBF Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -30.16 -0.41 13.19 5.94 14.63

PBF vs IEP, CVI, PARR: ROE % Comparison

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

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

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


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

PBF Energy's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-158.5/( (5544.2+5319.5)/ 2 )
=-158.5/5431.85
=-2.92 %

PBF Energy's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=793.2/( (5319.5+5520.6)/ 2 )
=793.2/5420.05
=14.63 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.63% mean?
PBF Energy (PBF) has a ROE % of 14.63% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PBF Energy and its competitors. This is 43% above median its historical median of 10.24. According to the industry distribution chart, PBF Energy ranks #394 out of 957 companies in the Oil & Gas industry, placing it in the top 41.2%.
Is PBF Energy's ROE % too high?
PBF Energy's current ROE % of 14.63% is 43% above median its 10-year median of 10.24. The Oil & Gas industry median ROE % is 5.74. PBF Energy's value of 14.63% is 154.9% above this industry median. Based on the distribution chart, PBF Energy ranks #394 out of 957 companies in the Oil & Gas industry, which is above the industry midpoint. 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 ROE % compare to IEP and CVI?
According to the Oil & Gas industry distribution chart, PBF Energy ranks #394 out of 957 companies for ROE %. This puts PBF Energy in the upper half of its industry. The industry median ROE % is 5.74. PBF Energy's value of 14.63% is 154.9% above this benchmark. While the company's 10-year median is 10.24 vs. the industry median of 5.74, PBF Energy has consistently been above 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PBF Energy's current ROE % of 14.63% is 154.9% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PBF Energy and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBF Energy's current ROE % is 14.63%, which is 43% above median its own 10-year median of 10.24. 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 ROE % is 14.63%, which is 43% above median its 10-year median of 10.24 and 154.9% above the Oil & Gas industry median of 5.74. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For PBF Energy (PBF), the current ROE % is 14.63% 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:

  • ROE %: 14.63% (43% above median its 10-year median of 10.24)
  • GF Value™: $33.68 vs. price of $40.34 (19.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 154.9% above the Oil & Gas median (#394 of 957)

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

$40.34
Price
$33.68
GF Value