ACDC
ProFrac Holding Corp.
Next earnings Aug 5, 2026 · consensus $-0.30 EPS, $509M rev
Last earnings -7.7% on 2026-05-07
$5.83
▲ +1.92%$5.83▼ -37.78%
over 1Y
L $3.19EODHDH $9.37
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.9%
1W-4.6%
1M-12.9%
3M-12.1%
YTD+44.3%
1Y-37.8%
Sell
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 10 analysts
Sell
Deteriorating frac-pumper bleeding cash on falling revenue, leaning on Wilks-related insiders for debt, dilution and covenant relief — avoid.
ProFrac is a cyclical, capital-intensive North American pressure pumper whose fundamentals are moving the wrong way at every line. FY2025 revenue fell 11.4% to $1.94B (the second straight annual decline from the $2.63B 2023 peak), operating income swung to -$226M (-11.6% margin) and net loss widened to -$369M (-19.0% margin). Return on equity is -51.4%, retained earnings collapsed to -$610M, and shareholders' equity shrank 28.7% to $718M. Crucially, operating cash flow nearly halved to $190M while capex was $170M and D&A was $416M — free cash flow is barely positive and well below maintenance capex implied by depreciation, meaning the asset base is being run down to keep cash from going negative.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $768M | $2.43B | $2.63B | $2.19B | $1.94B |
| Gross profit | — | — | — | — | — |
| Operating income | -$18.0M | $412M | $167M | -$60.4M | -$226M |
| Net income | — | $91.5M | -$97.7M | -$215M | -$369M |
| Diluted EPS | — | $2.06 | -$0.82 | -$1.38 | -$2.22 |
| Net margin | — | 3.8% | -3.7% | -9.8% | -19.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$2.05B
EV / EBITDA10.8
EV / Sales1.1
EV / FCF104.7
P / FCF53.8
PEG (trailing)—
Earnings yield-35.0%
FCF yield1.9%
Quality & risk
ROIC (est.)-10.3%
Free cash flow$19.6M
Total debt$1.02B
Net cash-$997M
Altman Z-Score0.45 distress
Piotroski F-Score3/8
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+12.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- 8-K Shareholder vote2026-06-01
Annual meeting vote results disclosed; routine governance outcome with no financial impact.
- 10-Q Quarterly report2026-05-08
Q1 2026 10-Q: ongoing losses, levered balance sheet, covenant relief still pending.
- 8-K Earnings results2026-05-07
Q1 2026 earnings release amid continued losses and weak completions demand.
- DEF 14A Proxy statement2026-04-27
- 8-K Officer / director change2026-04-13
Executive/director change disclosed; leadership transition adds uncertainty.
- 10-K Annual report2026-03-13
FY25: revenue $1.94B (-11%), net loss $369M, $1.05B debt; Alpine covenant deferred to 2028.
- 8-K Earnings results2026-03-12
Q4/FY2025 results: revenue -11%, net loss widened to $369M.
- 8-K Material agreement2026-03-09
Entered material agreement (likely debt/financing amendment) for liquidity support.
- 8-K Material agreement2026-01-09
New material agreement plus direct financial obligation — added leverage.
Recent filings
all on EDGAR ↗4Period ending 2026-06-252026-06-26open ↗8-KPeriod ending 2026-05-272026-06-01open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-03-272026-05-08open ↗4Period ending 2025-03-282026-05-08open ↗4Period ending 2026-04-072026-05-08open ↗10-QPeriod ending 2026-03-312026-05-08open ↗8-KPeriod ending 2026-05-072026-05-07open ↗
Frequently asked
- Is ProFrac Holding Corp. (ACDC) a buy?
- ACDC currently carries a Sell rating with 4/5 conviction, derived from its latest SEC filings. Deteriorating frac-pumper bleeding cash on falling revenue, leaning on Wilks-related insiders for debt, dilution and covenant relief — avoid.
- What is ProFrac Holding Corp.'s quality score?
- ACDC scores 45.03921568627451/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001881487, latest 10-Q filed 2026-05-08) · EODHD · analysis by claude-code · as of 6/25/2026, 2:29:40 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.