In this paper we investigate the effects of thermodynamic irreversibilities on the exergetic performance of proton exchange membrane (PEM) fuel cells as a function of cell operating temperature, pressures of anode and cathode, current density, and membrane thickness. The practical operating conditions are selected to be 3–5 atm for anode and cathode pressures, and 323–353 K for the cell temperatures, respectively. In addition, the membrane thicknesses are chosen as 0.016, 0.018 and 0.02 cm, respectively. Moreover, the current density range of the PEM fuel cell is selected to be 0.01–2.0 A cm−2. It is concluded that exergy efficiency of PEM fuel cell decreases with a rise in membrane thickness and current density, and increases with a rise of cell operating pressure and with a decrease of current density for the same membrane thickness. Thus, it can be said that, in order to increase the exergetic performance of PEM fuel cell, the lower membrane thickness, the lower current density and the higher cell operating pressure should be selected in case PEM fuel cell is operated at constant cell temperature. Copyright © 2005 John Wiley & Sons, Ltd.