Par Pacific vs PBF Energy
PBF Energy reported revenue of $29.3 billion in fiscal 2025, 3.9 times Par Pacific's $7.5 billion in fiscal 2025. Par Pacific's revenue fell 6.4% in its latest year, and PBF Energy's fell 11.4%. Par Pacific had an operating margin of 7.2%, against -0.2% at PBF Energy. Free cash flow was $296 million at Par Pacific and −$783 million at PBF Energy.
Side by side
| Par Pacific | PBF Energy | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $7.5B | $29.3B |
| Revenue growth | −6.4% | −11.4% |
| Revenue growth a year, last 5 years | 19.0% | 14.2% |
| Gross margin | — | −1.9% |
| Operating margin | 7.2% | −0.2% |
| Net margin | 5.0% | −0.5% |
| Free cash flow | $296M | −$783M |
| Free cash flow margin | 4.0% | −2.7% |
| Return on capital | 19.3% | −0.6% |
| Net debt to EBITDA | 1.0x | 5.2x |
| Dividends and buybacks | $125M | $126M |
| Change in diluted share count | −9.1% | −1.9% |
| Last close | $83.17 | $80.55 |
| P/E at the last close | 4.8× | 7.1× |
| Insider trades, last 12 months | sold $30.6 million | sold $1.0 billion |
| Piotroski F-score | 6 of 8 | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Par PacificPBF Energy
Operating margin
Percent of revenue
Par PacificPBF Energy
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Par PacificPBF Energy
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Par Pacific and PBF Energy pages.