Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: -7.0% EPS YoY: +52.5% Move: +2.79%

ProFrac Holding Corp

ACDC

$5.52 2.79%

Exchange NASDAQ Sector Energy Industry Oil Gas Equipment Services

Q4 2024

Published: Mar 10, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for ACDC

Reported

Report Date

Mar 10, 2025

Quarter Q4 2024

Revenue

454.70M

YoY: -7.0%

EPS

-0.29

YoY: +52.5%

Market Move

+2.79%

Previous quarter: Q3 2024

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Earnings Highlights

Revenue of $454.70M down 7% year-over-year
EPS of $-0.29 increased by 52.5% from previous year
Gross margin of 25.8%
Net income of -106.20M
""We’re not going to ramp up activity unless we see the economic returns that support it. Our focus is on getting longer term commitments, so that we can deliver longer term financial results for our stakeholders."" - Matt Wilks

ACDC

Company ACDC

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

- ProFrac reported Q4 2024 revenue of $454.7 million and adjusted EBITDA of $71.0 million, marking the quarterly result amid seasonality, weather disruptions and pricing pressure. Full-year 2024 revenue totaled $2.19 billion with adjusted EBITDA of $501 million, and free cash flow of $185 million. The quarter showed a meaningful step-down from the prior quarter on activity and pricing, but management emphasized a constructive start to 2025 with improving fleet activity and ongoing efficiencies.

Key Performance Indicators

Revenue

Decreasing

454.70M

QoQ: -20.96% | YoY: -7.03%

Gross Profit

Increasing

117.10M

25.75% margin

QoQ: 62.87% | YoY: 100.51%

Operating Income

Decreasing

-46.80M

QoQ: -988.37% | YoY: -5 100.00%

Net Income

Decreasing

-106.20M

QoQ: -134.96% | YoY: -8.48%

EPS

Increasing

-0.29

QoQ: 0.00% | YoY: 52.46%

Revenue Trend

Margin Analysis

Financial Highlights

- Revenue (Q4 2024): $454.7m; YoY -7.0%, QoQ -20.96%.
- Gross Profit: $117.1m; gross margin 25.75%.
- EBITDA: -$49.6m; EBITDA margin -10.9% for Q4.
- Operating Income: -$46.8m; margin -10.29%.
- Net Income: -$106.2m; net margin -23.36%; EPS -$0.29.
- Free Cash Flow (Q4): $13.3m; full-year FCF: $185m.
- Segment performance (Q4): Stimulation revenue $384m; adj EBITDA $54m; margin 14%; Proppant Production revenue $47m; adj EBITDA $14m; margin 31%; Manufacturing revenue $62m; adj EBITDA $3m.
- Balance sheet: Total debt ~$1.273b; net debt ~$1.256b; cash $14.8m; total liquidity ~$81m; current ratio 0.87; debt to capitalization 0.558.
- Capex guidance (2025): $250m–$300m; 2024 CapEx was $255m.
- Fleet and asset updates: 6 fleets reactivated in late 2024–early 2025; ~80% of active fleets using next-generation equipment; Livewire Power launched in Q4 2024 with consolidation into Livewire later quarters.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	454.70M	-7.03%	-20.96%
Gross Profit	117.10M	100.51%	62.87%
Operating Income	-46.80M	-5 100.00%	-988.37%
Net Income	-106.20M	-8.48%	-134.96%
EPS	-0.29	52.46%	0.00%

Key Financial Ratios

Gross Profit Margin

Fair

25.80%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Weak

-0.10%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.23%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.04%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

-0.11%

Return on equity suggests inefficient capital allocation

Current Ratio

Concern

0.87

Current ratio below safe levels, potential liquidity risk

Debt to Equity

High Risk

1.26

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Negative

-2.92x

Negative earnings make P/E ratio not meaningful

Price to Book

Fair Value

1.23x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q3 2025	403.10	0.00	-29.9%	View
Q2 2025	501.90	-0.67	-13.4%	View
Q1 2025	600.30	-0.12	+3.2%	View
Q4 2024	454.70	-0.29	-7.0%	View
Q3 2024	575.30	-0.29	+0.2%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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