PBF Energy annual debt-to-equity ratio
2012
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2025
PBF Energy Debt-to-Equity Ratio Growth & History (PBF)
PBF Energy's debt-to-equity ratio was 0.55 for fiscal 2025.
View full PBF Energy company overviewPBF Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.55 | 0.13 | +31.24% |
| 2024 | 2024-12-31 | 0.42 | 0.10 | +33.26% |
| 2023 | 2023-12-31 | 0.31 | −0.22 | −41.31% |
| 2022 | 2022-12-31 | 0.53 | −2.06 | −79.45% |
| 2021 | 2021-12-31 | 2.60 | −0.79 | −23.33% |
| 2020 | 2020-12-31 | 3.39 | 2.60 | +330.99% |
| 2019 | 2019-12-31 | 0.79 | 0.06 | +8.76% |
| 2018 | 2018-12-31 | 0.72 | −0.21 | −22.77% |
| 2017 | 2017-12-31 | 0.94 | −0.13 | −11.81% |
| 2016 | 2016-12-31 | 1.06 | −0.05 | −4.84% |
| 2015 | 2015-12-31 | 1.11 | 0.11 | +11.31% |
| 2014 | 2014-12-31 | 1.00 | −0.12 | −10.94% |
| 2013 | 2013-12-31 | 1.12 | −0.57 | −33.52% |
| 2012 | 2012-12-31 | 1.69 | — | — |
PBF Energy quarterly debt-to-equity ratio
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
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Q1.16
Q2.16
Q3.16
Q4.16
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Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
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Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
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Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.39 | −0.24 | −37.66% |
| Q1 2026 | 2026-03-31 | 0.65 | 0.05 | +7.59% |
| Q4 2025 | 2025-12-31 | 0.55 | 0.13 | +31.24% |
| Q3 2025 | 2025-09-30 | 0.61 | 0.25 | +71.97% |
| Q2 2025 | 2025-06-30 | 0.63 | 0.30 | +91.00% |
| Q1 2025 | 2025-03-31 | 0.61 | 0.28 | +86.77% |
| Q4 2024 | 2024-12-31 | 0.42 | 0.10 | +33.26% |
| Q3 2024 | 2024-09-30 | 0.35 | 0.05 | +15.50% |
| Q2 2024 | 2024-06-30 | 0.33 | −0.04 | −10.58% |
| Q1 2024 | 2024-03-31 | 0.32 | −0.09 | −21.82% |
| Q4 2023 | 2023-12-31 | 0.31 | −0.22 | −41.31% |
| Q3 2023 | 2023-09-30 | 0.31 | −0.32 | −51.40% |
| Q2 2023 | 2023-06-30 | 0.37 | −0.89 | −70.73% |
| Q1 2023 | 2023-03-31 | 0.42 | −2.20 | −84.09% |
| Q4 2022 | 2022-12-31 | 0.53 | −2.06 | −79.45% |
| Q3 2022 | 2022-09-30 | 0.63 | −2.33 | −78.78% |
| Q2 2022 | 2022-06-30 | 1.26 | −1.96 | −60.89% |
| Q1 2022 | 2022-03-31 | 2.61 | −0.74 | −22.13% |
| Q4 2021 | 2021-12-31 | 2.60 | −0.79 | −23.33% |
| Q3 2021 | 2021-09-30 | 2.96 | 0.20 | +7.31% |
| Q2 2021 | 2021-06-30 | 3.22 | 1.27 | +65.23% |
| Q1 2021 | 2021-03-31 | 3.35 | 1.33 | +65.41% |
| Q4 2020 | 2020-12-31 | 3.39 | 2.60 | +330.99% |
| Q3 2020 | 2020-09-30 | 2.76 | 1.96 | +244.59% |
| Q2 2020 | 2020-06-30 | 1.95 | 1.18 | +153.55% |
| Q1 2020 | 2020-03-31 | 2.03 | 1.20 | +145.95% |
| Q4 2019 | 2019-12-31 | 0.79 | 0.06 | +8.76% |
| Q3 2019 | 2019-09-30 | 0.80 | 0.09 | +12.81% |
| Q2 2019 | 2019-06-30 | 0.77 | −0.08 | −9.75% |
| Q1 2019 | 2019-03-31 | 0.82 | −0.10 | −11.05% |
| Q4 2018 | 2018-12-31 | 0.72 | −0.21 | −22.77% |
| Q3 2018 | 2018-09-30 | 0.71 | −0.31 | −30.55% |
| Q2 2018 | 2018-06-30 | 0.85 | −0.33 | −27.96% |
| Q1 2018 | 2018-03-31 | 0.93 | −0.15 | −13.75% |
| Q4 2017 | 2017-12-31 | 0.94 | −0.13 | −11.81% |
| Q3 2017 | 2017-09-30 | 1.02 | −0.34 | −24.84% |
| Q2 2017 | 2017-06-30 | 1.18 | −0.21 | −15.34% |
| Q1 2017 | 2017-03-31 | 1.07 | −0.08 | −7.15% |
| Q4 2016 | 2016-12-31 | 1.06 | −0.05 | −4.84% |
| Q3 2016 | 2016-09-30 | 1.36 | 0.41 | +43.44% |
| Q2 2016 | 2016-06-30 | 1.40 | 0.45 | +47.40% |
| Q1 2016 | 2016-03-31 | 1.16 | 0.21 | +22.31% |
| Q4 2015 | 2015-12-31 | 1.11 | 0.11 | +11.31% |
| Q3 2015 | 2015-09-30 | 0.95 | 0.25 | +35.34% |
| Q2 2015 | 2015-06-30 | 0.95 | 0.28 | +41.90% |
| Q1 2015 | 2015-03-31 | 0.95 | 0.37 | +63.91% |
| Q4 2014 | 2014-12-31 | 1.00 | −0.12 | −10.94% |
| Q3 2014 | 2014-09-30 | 0.70 | −0.43 | −37.93% |
| Q2 2014 | 2014-06-30 | 0.67 | −0.52 | −44.03% |
| Q1 2014 | 2014-03-31 | 0.58 | −1.10 | −65.58% |
| Q4 2013 | 2013-12-31 | 1.12 | −0.57 | −33.52% |
| Q3 2013 | 2013-09-30 | 1.13 | — | — |
| Q2 2013 | 2013-06-30 | 1.19 | — | — |
| Q1 2013 | 2013-03-31 | 1.68 | — | — |
| Q4 2012 | 2012-12-31 | 1.69 | — | — |
PBF Energy debt-to-equity ratio trends
Over the last five fiscal years, PBF Energy's debt-to-equity ratio decreased from 3.39 to 0.55, a change of −2.84. The latest reported quarter, Q2 2026, shows 0.39.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review PBF Energy source filings ↗