ProFrac Holding (ACDC) AI Stock Analysis

• Market Cap: $1.18B
• Dividend Yield: N/A
• Average Volume (3M): 880.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.69
• Revenue Growth: -6.13%
• EPS Growth: -76.84%
• Country: US
• Employees: 3,077
• Sector: Energy
• Sector Strength: 53
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.11
• Shares Outstanding: 160,178,440
• 10 Day Avg. Volume: 745,810
• 30 Day Avg. Volume: 880,885
• PEG Ratio: >-0.01
• Price to Book (P/B): -1.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.06
• Enterprise Value/Market Cap: 2.01
• Enterprise Value/Revenue: 0.27
• Enterprise Value/Gross Profit: 6.83
• Enterprise Value/Ebitda: 1.99
• 1Y Price Target: $6.63
• Price Target Upside: -9.80% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 5

• Rating: 57 Neutral
• Price Target: $8.00 ▲(8.84%Upside)

ProFrac Holding's overall score is driven by challenges in financial performance and valuation, despite positive technical signals and strategic initiatives. The earnings call and corporate events provide some optimism but are tempered by economic uncertainties and high leverage.

ProFrac Holding Business Overview & Revenue Model

Company Description

ProFrac Holding Corp., a vertically integrated and energy services company, provides hydraulic fracturing, completion, and other products and services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, seats, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.

How the Company Makes Money

ProFrac Holding Corp generates revenue primarily through the provision of hydraulic fracturing services to oil and gas exploration and production companies. The company's key revenue streams include service contracts for fracturing operations, rental of equipment, and sales of related products. ProFrac's earnings are significantly influenced by the level of drilling and completion activity in the oil and gas industry, which is, in turn, affected by commodity prices, regulatory developments, and technological advancements. Strategic partnerships with major oil and gas operators, along with a focus on technology and efficiency, further enhance ProFrac's ability to secure contracts and generate steady revenue.

ProFrac Holding Financial Statement Overview

Summary

ProFrac Holding is facing financial challenges with declining revenue and profitability pressures. The balance sheet shows high leverage, though there have been improvements in equity. Strong operating cash flow is a positive, but the decline in free cash flow due to high capital expenditures is concerning.

Income Statement

ProFrac Holding shows a decline in revenue over the TTM period, indicating negative growth compared to the previous year. The company has been struggling with profitability, as evidenced by negative net profit margins and EBIT margins in recent periods. Gross profit margin has decreased significantly, highlighting challenges in cost management. While EBITDA margin remains positive, indicating fundamental operational cash generation, the overall profitability remains under pressure.

Balance Sheet

The company's balance sheet reveals a substantial debt load with a high debt-to-equity ratio. The negative stockholders' equity in earlier years has improved but remains a concern. The equity ratio indicates moderate leverage, but the company's return on equity is negative due to continued losses. The balance sheet stability is mixed, with potential risks due to high leverage countered by some improvement in equity over time.

Cash Flow

Operating cash flow remains strong, providing sufficient coverage for net income losses, which is a positive sign of cash flow resilience. However, free cash flow has declined significantly over the periods, reflecting increased capital expenditures and reduced cash generation. The ratios of operating and free cash flow to net income indicate an ability to generate cash despite earnings challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.21B	2.19B	2.63B	2.43B	768.35M	547.70M
Gross Profit	346.80M	695.80M	486.40M	719.60M	57.54M	-30.00M
EBITDA	163.40M	72.70M	535.30M	741.90M	128.39M	55.97M
Net Income	-235.60M	-219.90M	-97.70M	342.70M	-43.54M	-118.50M
Balance Sheet
Total Assets	3.02B	2.99B	3.07B	2.93B	664.57M	577.28M
Cash, Cash Equivalents and Short-Term Investments	16.00M	14.80M	25.30M	35.10M	5.38M	2.95M
Total Debt	1.28B	1.27B	1.16B	1.04B	301.57M	275.71M
Total Liabilities	1.96B	1.91B	1.74B	1.58B	516.46M	400.46M
Stockholders Equity	988.10M	1.01B	1.27B	-1.18B	147.07M	176.81M
Cash Flow
Free Cash Flow	77.00M	112.30M	286.50M	59.00M	-43.46M	-2.90M
Operating Cash Flow	328.00M	367.30M	553.50M	415.20M	43.94M	45.10M
Investing Cash Flow	-370.70M	-372.30M	-715.80M	-1.03B	-78.38M	-44.60M
Financing Cash Flow	30.40M	-5.50M	149.70M	645.90M	36.87M	-15.30M

ProFrac Holding Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ACDC, the sentiment is Positive. The current price of 7.35 is below the 20-day moving average (MA) of 8.60, above the 50-day MA of 7.11, and above the 200-day MA of 7.12, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 48.99 is Neutral, neither overbought nor oversold. The STOCH value of 26.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ACDC.

ProFrac Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VTOL	72 Outperform	$968.58M	8.65	13.19%	―	7.24%	8460.38%
WTTR	72 Outperform	$1.09B	26.32	4.51%	3.09%	-4.91%	-46.51%
Sector *	68 Neutral	$14.94B	9.81	6.34%	5.24%	4.13%	-66.99%
MRC	67 Neutral	$1.09B	41.18	8.29%	―	-9.84%	-111.71%
PUMP	61 Neutral	$641.12M	―	-16.24%	―	-13.32%	-309.35%
ACDC	57 Neutral	$1.18B	―	-20.15%	―	-6.13%	-76.84%
NINE	47 Neutral	$35.15M	―	73.91%	―	-4.38%	-3.77%

ProFrac Holding Corporate Events

ProFrac Holding Amends Loan Agreement and Issues Notes

On June 26, 2025, ProFrac Holding Corp. announced amendments to its Alpine Term Loan Credit Agreement, including a reduction in quarterly amortization payments and a deferral of the Total Net Leverage Ratio test to 2027. Additionally, ProFrac issued $60 million in Senior Secured Floating Rate Notes due 2029, with the first issuance purchased by Wilks Brothers, LLC. These strategic actions are expected to enhance liquidity by approximately $90 million in 2025, reflecting ProFrac’s proactive financial management amid market uncertainties.

The most recent analyst rating on (ACDC) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on ProFrac Holding stock, see the ACDC Stock Forecast page.

ProFrac Holding Stockholders Approve Key Proposals at Meeting

ProFrac Holding Corp. held its annual meeting of stockholders on May 28, 2025, where four key proposals were considered. The election of six directors was approved, with all nominees successfully elected. Additionally, the stockholders approved the compensation of the company’s executive officers, ratified the appointment of Grant Thornton LLP as the independent accountants for the fiscal year 2025, and endorsed the 2025 Employee Stock Purchase Plan.

The most recent analyst rating on (ACDC) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on ProFrac Holding stock, see the ACDC Stock Forecast page.