PBF Tax Provision from 2010 to 2024

PBF Stock  USD 29.71  0.71  2.33%   
PBF Energy's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is estimated to finish at about 1 B this year. Tax Provision is the amount set aside by PBF Energy to cover any estimated taxes for the current period. It reflects PBF Energy's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
-25.3 M
Current Value
-118.1 M
Quarterly Volatility
151.2 M
 
Covid
Check PBF Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PBF Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 621.2 M, Interest Expense of 60.6 M or Total Revenue of 22.3 B, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0183 or PTB Ratio of 0.89. PBF financial statements analysis is a perfect complement when working with PBF Energy Valuation or Volatility modules.
  
Check out the analysis of PBF Energy Correlation against competitors.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.

Latest PBF Energy's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of PBF Energy over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. PBF Energy's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PBF Energy's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

PBF Tax Provision Regression Statistics

Arithmetic Mean250,351,067
Geometric Mean100,018,484
Coefficient Of Variation137.94
Mean Deviation259,180,631
Median86,725,000
Standard Deviation345,344,238
Sample Variance119262.6T
Range1B
R-Value0.65
Mean Square Error74141.9T
R-Squared0.42
Significance0.01
Slope50,207,882
Total Sum of Squares1669677T

PBF Tax Provision History

2024B
2023997.5 M
2022584.8 M
202112.1 M
20202.1 M
2019104.3 M
201833.5 M

About PBF Energy Financial Statements

PBF Energy stakeholders use historical fundamental indicators, such as PBF Energy's Tax Provision, to determine how well the company is positioned to perform in the future. Although PBF Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in PBF Energy's assets and liabilities are reflected in the revenues and expenses on PBF Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PBF Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision997.5 MB

Currently Active Assets on Macroaxis

When determining whether PBF Energy is a strong investment it is important to analyze PBF Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PBF Energy's future performance. For an informed investment choice regarding PBF Stock, refer to the following important reports:
Check out the analysis of PBF Energy Correlation against competitors.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PBF Energy. If investors know PBF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PBF Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
1
Earnings Share
(2.34)
Revenue Per Share
295.208
Quarterly Revenue Growth
(0.22)
The market value of PBF Energy is measured differently than its book value, which is the value of PBF that is recorded on the company's balance sheet. Investors also form their own opinion of PBF Energy's value that differs from its market value or its book value, called intrinsic value, which is PBF Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PBF Energy's market value can be influenced by many factors that don't directly affect PBF Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PBF Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBF Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.