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Benzinga
Benzinga
Business
Benzinga Insights

Looking Into PBF Logistics's Return On Capital Employed

PBF Logistics NYSE

According to Benzinga Pro data PBF Logistics (NYSE:PBFX) posted a 14.28% decrease in earnings from Q4. Sales, however, increased by 0.12% over the previous quarter to $89.44 million. Despite the increase in sales this quarter, the decrease in earnings may suggest PBF Logistics is not utilizing their capital as effectively as possible. PBF Logistics reached earnings of $42.30 million and sales of $89.34 million in Q4.

Why Is ROCE Significant?

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