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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenues $ 33,115.3 $ 38,324.8 $ 46,830.3
Cost and expenses:      
Cost of products and other 30,266.7 32,671.3 39,049.1
Operating expenses (excluding depreciation and amortization expense as reflected below) 2,606.2 2,694.9 2,599.0
Depreciation and amortization expense 614.6 560.0 503.6
Cost of sales 33,487.5 35,926.2 42,151.7
General and administrative expenses (excluding depreciation and amortization expense as reflected below) 260.4 362.5 468.7
Depreciation and amortization expense 13.2 11.5 7.5
Change in fair value of contingent consideration, net (3.3) (45.8) 48.3
Equity loss in investee 47.4 45.3 0.0
Loss (gain) on formation of SBR equity method investment 8.7 (925.1) 0.0
Loss (gain) on sale of assets 0.4 (1.3) 0.9
Total cost and expenses 33,814.3 35,373.3 42,677.1
Income (loss) from operations (699.0) 2,951.5 4,153.2
Other income (expense):      
Interest expense (net of interest income of $51.2, $75.0, and $20.6, respectively) (72.0) (63.8) (246.0)
Change in Tax Receivable Agreement liability 0.0 2.0 (290.3)
Change in fair value of catalyst obligations 0.0 1.1 (2.0)
Loss on extinguishment of debt 0.0 (5.7) (66.1)
Other non-service components of net periodic benefit cost 2.4 0.7 8.8
Income (loss) before income taxes (768.6) 2,885.8 3,557.6
Income tax (benefit) expense (228.4) 723.8 584.8
Net income (loss) (540.2) 2,162.0 2,972.8
Less: net income attributable to noncontrolling interests (6.4) 21.5 96.0
Net income (loss) attributable to PBF Energy Inc. stockholders $ (533.8) $ 2,140.5 $ 2,876.8
Weighted-average shares of Class A common stock outstanding      
Basic (in shares) [1] 116,248,827 124,953,858 122,598,076
Diluted (in shares) 117,111,607 130,509,448 126,860,106
Net income (loss) available to Class A common stock per share:      
Basic (in usd per share) $ (4.59) $ 17.13 $ 23.47
Diluted (in usd per share) $ (4.60) $ 16.52 $ 22.84
[1] The diluted earnings per share calculation generally assumes the conversion of all outstanding PBF LLC Series A Units to PBF Energy Class A common stock. The net income attributable to PBF Energy used in the numerator of the diluted earnings per share calculation is adjusted to reflect the net income, as well as the corresponding income tax expense (based on a 26.0%, 26.0% and 25.9% annualized statutory corporate tax rate for the years ended December 31, 2024, 2023 and 2022, respectively) attributable to the converted units.