Company Analysis

ProFrac Holding Corp. (ACDC)

Nasdaq: ACDC · Oil & Gas Field Services, NEC · Willow Park, TX · filing with the SEC since 2021
Grade3.0
◀ Past 4.8● Present 2.5▶ Future 1.7

The grade of ProFrac Holding Corp.

Nine metrics read from its own filings, by tense
Headline grade
3.0/10
◀ Past4.830% of the headline
● Present2.540% of the headline
▶ Future1.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 33% of this tense · 76th percentile among 21 sector filers · read for itself

From the record

ProFrac Holding Corp.'s filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.5/10

What has it actually done, year after year?

+28.8% a year over 6 filed years; profitable in 1 of 6.

weight 45% of this tense · 45th percentile among 20 sector filers · read for its customers

From the record

ProFrac Holding Corp.'s 6 filed years say what it did: revenue went from $548 million in fiscal 2020 to $1.9 billion in fiscal 2025, up 28.8% a year; it rose in 3 of 5 years; the deepest fall was 26% from fiscal 2023 to fiscal 2025; net income was positive in 1 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span28.8%top 12% of its family
  • the share of years revenue rosebottom 28% of its family
  • the share of filed years with a profitbottom 8% of its family
  • the deepest fall from a revenue peak26.2%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.3/10

How has it treated the people who own it?

Share count grew 55.8% a year. 0% of cash flow returned. Insiders: 0 sales, 10 purchases.

weight 22% of this tense · 13th percentile among 17 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, ProFrac Holding Corp.'s diluted share count grew about 55.8% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 10 purchases of their own stock on the open market in the year to 2026-09-30, buying about $10 million (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 8% of its family
  • cash returned against operating cash flowbottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

2.5/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
1.9/10

Is it financially healthy right now?

ROE -50%: lost 50¢ per shareholder dollar. Leverage 72%: owes 72¢ per asset dollar.

weight 33% of this tense · 19th percentile among 20 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, ProFrac Holding Corp. lost about 50 cents for every dollar of shareholders' money. Leverage: it owed about 72 cents per dollar of assets, and net share issuance: its share count grew 5.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 23% of its family
  • return on equitybottom 3% of its family
  • the share count against the year beforebottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.0/10

How strong is its position in its industry?

bottom 30% of 20 in its family; net margin -18.3%.

weight 45% of this tense · 30th percentile among 20 sector filers · read for its customers

From the record

ProFrac Holding Corp.'s standing among 20 graded names in its industry family: revenue of $1.9 billion in fiscal 2025 ranks in the top 25% by size; a net margin of -18.3% ranks in the bottom 8%; revenue growth of -7.1% a year over the last 3 filed years ranks in the bottom 8% (its annual reports).

What it rests on

  • revenue against the family$1.94Btop 25% of its family
  • net margin-18.3%bottom 8% of its family
  • three-year revenue growth-7.1%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.3/10

What are the people in charge doing?

bottom 23% of 17 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 23rd percentile among 17 sector filers · read for its shareholders

From the record

ProFrac Holding Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Wilks, Matthew (Chief Executive Officer, as filed), filing under that title since 2026-08-12, 3 months (bottom 3% of its family); most of the 15 officers and directors filing now have filed since the record of its people begins (2022-05-12), a floor of 4.5 years the record cannot see past, so that part is not read; 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 42%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 15 peoplebottom 42% of its family
  • the chief executive's years on the record4 monthsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

1.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.6/10

How much room does it have to grow?

bottom 36% of 20 in its family for room to expand.

weight 22% of this tense · 36th percentile among 20 sector filers · read for itself

From the record

ProFrac Holding Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $23 million against debt of $833 million leaves -31.5% of its assets as net cash, bottom 24% of its family; cash from operations less capital spending is 1% of revenue (bottom 48%) (its annual report).

What it rests on

  • cash less debt against assets-31.5%bottom 24% of its family
  • cash from operations less capital spending against revenue1.0%bottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
0.6/10

What could actually drive growth from here?

bottom 6% of 20 in its family for growth drivers.

weight 45% of this tense · 6th percentile among 20 sector filers · read for its customers

From the record

ProFrac Holding Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew -7.1% a year over the last three filed years against 28.8% over all 6, slowing (bottom 3% of its family); the newest year grew -11.4% (bottom 8%); capital spending grew -21.9% a year (bottom 8%) (its annual reports). ProFrac Holding Corp. reported 2 product lines in fiscal 2025: Service at $1.7 billion (87%), Product at $249 million (13%); 0 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-36.0 points a yearbottom 3% of its family
  • the newest year's revenue growth-11.4%bottom 8% of its family
  • three-year growth of capital spending-21.9%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.0/10

Did its newest year beat what its own record pointed to?

bottom 20% of 18 in its family for expectations against reality.

weight 33% of this tense · 20th percentile among 18 sector filers · read for its shareholders

From the record

ProFrac Holding Corp.'s newest year against its own record: revenue of $1.9 billion in fiscal 2025 came in 6.7% below the $2.1 billion its prior three years' pace pointed to (top 47% of its family); net income of $356 million against a prior three-year average of $25 million (bottom 6%); a net margin of -18.3% against 0.8% before (bottom 3%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-6.7%top 47% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 6% of its family
  • net margin against its prior average-19.1 pointsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ACDC · research, not advice