ProFrac Holding (ACDC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

ProFrac Holding

NasdaqGS•Energy•Oil & Gas Equipment & Services

$4.83-0.01(<0.01%)Market open

Market Cap

$880.88M

P/S

0.5x

P/B

1.6x

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through four segments: Stimulation Services, Proppant Production, Manufacturing, and and Flotek Industries, Inc. The company offers hydraulic fracturing, proppant production, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends, as well as other auxiliary equipment. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.

How this company scores

PoorMetricSide Score: 18/100

Grade capped at D — Interest coverage below 1× (-2.0x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (6/25); weakest: Growth (2/25).

Profitability5/25

Growth2/25

Balance Sheet & Red Flags5/25

Cash & Earnings Quality6/25

Strengths

Improving margins

Grade capped at D

Interest coverage below 1× (-2.0x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 159.1x5y range 7.4x – 159.1x

Currently above its 4-quarter median.

P/S · 0.5x5y range 0.2x – 0.6x

Currently near its 15-quarter median.

P/B · 1.6x5y range 0.7x – 5.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $880.88M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.79B
Q. Revenue: $498.10M
TTM EBITDA: $127.90M
TTM Op. Income: $-271.80M
Q. Op. Income: $-37.90M
TTM Net Income: $-408.80M
Q. Net Income: $-79.70M
EPS: $-0.45
Shares Out.: $182.00M

$1.79B in TTM revenue declined 16.2% YoY, reaching $498.10M last quarter. TTM EBITDA of $127.90M and TTM operating income of $-271.80M show growth is flowing through to the bottom line. However, net income is negative at $408.80M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 5 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 22.1%
EBITDA Margin: 11.9%
Op. Margin: -7.6%
Net Margin: -16.0%

Op. margin of -7.6% is up 3.2% YoY — cost efficiency is improving. Net margin at -16.0% and gross margin of 22.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.5x
P/B Ratio: 1.6x

P/S of 0.5x and P/B of 1.6x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.51B
Cash: $18.80M
Long-Term Debt: $918.20M
Book Value: $542.50M
D/E Ratio: 1.7
Debt/EBITDA: 15.5

With $2.51B in assets and $918.20M in long-term debt, D/E is 1.7and book value is $542.50M — moderate leverage. Across the last 8 quarters, debt/equity has risen for 3 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $22.90M
TTM Free Cash Flow: $-60.70M
FCF Margin: -3.4%
FCF / Net Income: 0.1

TTM FCF of $-60.70M on $22.90M in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.