Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026
Basics
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Market cap
759.5M USD
Enterprise value
1.8B USD
Full-time employees
2,280
Overall health
Drawback:less profitable than most peersless profitable than peers
Drawback:growing more slowly than most peersgrowing more slowly than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.52 vs a peer median of 0.57), less short-term liquidity (current ratio 0.84 vs a peer median of 1.37) and more debt relative to equity (1.99× vs a peer median of 0.47×)higher risk: bigger price swings (beta 1.52 vs peers 0.57), less liquidity (current ratio 0.84 vs peers 1.37) and more debt vs equity (1.99× vs peers 0.47×)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 13 → 12
Share price -9.2%+1
Company's reported figures updated-1
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-51.8%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield7.3%
SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -0.93Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-8.0%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Free cash flow turned negative over the last 12 months
Why it changed since the Oct 27, 2026 close: Score 0 → 2
Peer companies moved+2
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about ProFrac
Is ProFrac getting weaker?
Its latest SEC filing (Aug 6, 2026) got weaker in some ways: free cash flow turned negative over the last 12 months. Its overall score is unchanged at 7/100 since Oct 28, 2026.
How is ProFrac valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 12/100 against 404 energy peers.Earnings yield -51.8% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -51.8% vs peers 5.2% (weaker than 100% of peers).
Is ProFrac growing?
More slowly than most of its peers. Growth scores 10/100 against 404 energy peers.3-year revenue growth -16.4% vs a peer median of -1.3% (weaker than 92% of peers).3-year revenue growth -16.4% vs peers -1.3% (weaker than 92% of peers).
How profitable is ProFrac?
Less profitable than most of its peers. Profitability scores 2/100 against 404 energy peers.Return on assets -15.7% vs a peer median of 4.4% (weaker than 100% of peers).Return on assets -15.7% vs peers 4.4% (weaker than 100% of peers).
How risky is ProFrac?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Beta 1.52 vs a peer median of 0.57 (weaker than 100% of peers).Beta 1.52 vs peers 0.57 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
Free cash flow turned negative over the last 12 months
Worth watching: ProFrac is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.8B USD
1.8B USD
−0.2%
Net income (12 months)
−421.5M USD
−393.2M USD
−6.7%
Operating margin
-16.1%
-15.0%
+1.1 pts
Free cash flow (12 months)
2.0M USD
−60.7M USD
turned negative
Debt
1.1B USD
1.1B USD
+1.7%
Cash
33.5M USD
18.8M USD
−43.9%
Shares outstanding
180.9M
182.1M
+0.7%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
0.0%
0.0%
—
—
—
—
Operating margin
-2.3%
17.0%
6.3%
-2.8%
-11.6%
▼ 8.9 pts
Net margin
-5.5%
3.8%
-3.7%
-9.8%
-19.0%
▼ 9.2 pts
Return on assets (ROA)
-6.4%
7.1%
-3.2%
-7.2%
-14.3%
▼ 7.1 pts
Return on equity (ROE)
-28.8%
—
-8.1%
-21.4%
-51.4%
▼ 30 pts
Free cash flow margin
-5.7%
2.4%
10.9%
5.1%
1.0%
▼ 4.1 pts
Current ratio
1.02×
0.88×
0.98×
0.87×
0.81×
▼ 7.0%
Quick ratio
0.72×
-72.50×
0.62×
0.57×
0.56×
▼ 1.6%
Debt to equity
2.05×
—
0.88×
1.10×
1.42×
▲ 30%
Interest coverage
-0.70×
6.93×
1.08×
-0.39×
-1.63×
▼ 322%
ACDC price history
Price history is added with the daily price update and will appear after the next one.