PBF (PBF Energy) Asset Turnover: 0.57 (As of Mar. 2026)


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 Asset Turnover?

PBF Energy PBF -0.86% 64 Asset Turnover is 0.57 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PBF Energy's Revenue for the three months ended in Mar. 2026 was $7,904 Mil. PBF Energy's Total Assets for the quarter that ended in Mar. 2026 was $13,869 Mil. Therefore, PBF Energy's Asset Turnover for the quarter that ended in Mar. 2026 was 0.57.

Asset Turnover is linked to ROE % through Du Pont Formula. PBF Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 14.63%. It is also linked to ROA % through Du Pont Formula. PBF Energy's annualized ROA % for the quarter that ended in Mar. 2026 was 5.72%.


PBF Energy  (NYSE:PBF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

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

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 %

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.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

PBF Energy's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=793.2/13869.25
=(Net Income / Revenue)*(Revenue / Total Assets)
=(793.2 / 31617.2)*(31617.2 / 13869.25)
=Net Margin %*Asset Turnover
=2.51 %*2.2797
=5.72 %

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.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


PBF Energy Asset Turnover Related Terms


PBF Energy Asset Turnover Historical Data

* Premium members only.

The historical data trend for PBF Energy's Asset Turnover 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 Asset Turnover Chart

PBF Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 3.72 2.74 2.45 2.28

PBF Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.55 0.58 0.59 0.55 0.57

PBF vs IEP, CVI, PARR: Asset Turnover Comparison

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

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

* The bar in red indicates where PBF Energy's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=29332.3/( (12703.2+13019.9)/ 2 )
=29332.3/12861.55
=2.28

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=7904.3/( (13019.9+14718.6)/ 2 )
=7904.3/13869.25
=0.57

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.57 mean?
PBF Energy (PBF) has a Asset Turnover of 0.57 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PBF Energy and its competitors.
Is PBF Energy's Asset Turnover too high?
PBF Energy's current Asset Turnover is 0.57. 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 Asset Turnover compare to IEP and CVI?
PBF Energy's Asset Turnover of 0.57 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PBF Energy and its competitors. PBF Energy's current Asset Turnover is 0.57. 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 Asset Turnover is 0.57. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For PBF Energy (PBF), the current Asset Turnover is 0.57 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:

  • Asset Turnover: 0.57
  • GF Value™: $33.68 vs. price of $40.34 (19.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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

$40.34
Price
$33.68
GF Value