ProFrac Holding Corp. (ACDC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 534.4M | 483.5M | 541.3M | 580.3M | 669.8M | 574.1M | 680M | 703.9M | 664.6M | 638.1M | 678.6M | 828.9M | 993.6M | 865.4M | 836.19M | 735.8M | 488.79M | 251.7M | 201.84M | 62.92M |
| Cash & Short-Term Investments | 33.5M | 22.9M | 58M | 26M | 16M | 14.8M | 25.5M | 24M | 28.3M | 25.3M | 25.8M | 26.9M | 69.9M | 35.1M | 64.68M | 73.65M | 28.65M | 5.4M | 16.37M | 1.34M |
| Cash Only | 33.5M | 22.9M | 58M | 26M | 16M | 14.8M | 25.5M | 24M | 28.3M | 25.3M | 25.8M | 26.9M | 69.9M | 35.1M | 64.68M | 73.65M | 28.65M | 5.4M | 16.37M | 1.34M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 324.4M | 286.7M | 288.2M | 352.7M | 423.4M | 328.8M | 358.2M | 390.4M | 393.7M | 352.9M | 338.8M | 466.2M | 597.5M | 537.6M | 505.85M | 448.63M | 302.27M | 166.1M | 103.96M | 41.54M |
| Days Sales Outstanding | 61.16 | 60.59 | 73.14 | 70.36 | 56.39 | 69.5 | 59.86 | 61.58 | 58.42 | 65.05 | 64.49 | 68.24 | 59.57 | 60.45 | 63.02 | 57.93 | 61.09 | 19.02 | 34.16 | 21.62 |
| Inventory | 159.3M | 151.3M | 166.7M | 180.9M | 200.1M | 201.1M | 239M | 258.8M | 219.8M | 236.6M | 271.9M | 304.8M | 283.1M | 249.5M | 238.79M | 192.38M | 139.14M | 74M | 72.32M | 18.49M |
| Days Inventory Outstanding | 30.96 | 33.32 | 37.44 | 36.16 | 34.36 | 44.9 | 45.49 | 43.86 | 42.68 | 54.31 | 54.33 | 45.84 | 36.52 | 39.57 | 43.01 | 37.37 | 34.12 | 10.94 | 28.97 | 13.28 |
| Other Current Assets | 17.2M | 22.6M | 28.4M | 20.7M | 30.3M | 29.4M | 57.3M | 30.7M | 22.8M | 23.3M | 42.1M | 900K | 43.1M | 8M | 1.8M | 1.8M | 0 | -13K | 0 | 1.55M |
| Total Non-Current Assets | 2.02B | 2.09B | 2.2B | 2.25B | 2.35B | 2.41B | 2.46B | 2.46B | 2.34B | 2.43B | 2.54B | 2.62B | 2.65B | 2.07B | 1.14B | 927.83M | 825.1M | 412.7M | 377.05M | 103.22M |
| Property, Plant & Equipment | 1.55B | 1.62B | 1.7B | 1.77B | 1.87B | 1.92B | 1.95B | 1.97B | 1.77B | 1.87B | 1.94B | 2.01B | 2.02B | 1.51B | 899.78M | 744.91M | 698.82M | 363.5M | 340.89M | 90.92M |
| Fixed Asset Turnover | 0.28x | 0.26x | 0.23x | 0.28x | 0.32x | 0.23x | 0.29x | 0.31x | 0.32x | 0.26x | 0.29x | 0.35x | 0.49x | 0.66x | 0.85x | 0.82x | 0.65x | 1.85x | 0.91x | 1.92x |
| Goodwill | 290.2M | 290.2M | 301.3M | 301.3M | 301.3M | 302M | 302.1M | 300.8M | 342.3M | 325.9M | 505.5M | 321.4M | 327.7M | 240.5M | 97.57M | 82.34M | 0 | 0 | 0 | 0 |
| Intangible Assets | 102.8M | 111.8M | 120.8M | 129.9M | 139.6M | 148.9M | 158.1M | 160.4M | 164.7M | 173.5M | 0 | 191.1M | 200M | 203.1M | 34.93M | 28.24M | 28.68M | 27.8M | 25.63M | 6.95M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 7.5M | 7.5M | 7.5M | 30.4M | 28.9M | 42.8M | 48.4M | 53M | 58.6M | 56.75M | 49.75M | 78.3M | 4.2M | 0 | 0 |
| Other Non-Current Assets | 42M | 40M | 48.9M | 45.2M | 44.7M | 35.8M | 35.6M | 20.9M | 37.4M | 37.8M | 55.7M | 47.4M | 46.3M | 56.7M | 52.03M | 19.27M | 19.3M | 17.2M | 10.52M | 5.35M |
| Total Assets | 2.55B | 2.57B | 2.74B | 2.83B | 3.02B | 2.99B | 3.14B | 3.16B | 3.01B | 3.07B | 3.22B | 3.45B | 3.64B | 2.93B | 1.98B | 1.66B | 1.31B | 664.6M | 578.88M | 166.14M |
| Asset Turnover | 0.18x | 0.16x | 0.14x | 0.17x | 0.20x | 0.15x | 0.18x | 0.19x | 0.19x | 0.16x | 0.17x | 0.20x | 0.26x | 0.32x | 0.38x | 0.40x | 0.35x | 1.05x | 0.53x | 1.05x |
| Asset Growth % | -15.57% | -13.89% | -12.55% | -10.52% | 0.46% | -2.69% | -2.68% | -8.33% | -17.4% | 4.67% | 62.79% | 107.43% | 177.06% | 341.41% | 241.91% | 901.32% | - | 15.13% | 301.11% | 15.12% |
| Total Current Liabilities | 651.4M | 597.4M | 595.6M | 640.1M | 684.5M | 660M | 714.5M | 699.9M | 623.6M | 648.9M | 703.6M | 837.8M | 935.1M | 683.9M | 545.29M | 452.11M | 417.8M | 246.7M | 154.92M | 61.67M |
| Accounts Payable | 349.3M | 299.3M | 276.6M | 335.8M | 351.6M | 324.3M | 356.3M | 351.2M | 281.8M | 340.9M | 358.6M | 494.9M | 515M | 363.4M | 209.54M | 178.91M | 216.05M | 136.7M | 75.1M | 0 |
| Days Payables Outstanding | 64.64 | 60.34 | 65.96 | 65.24 | 57.89 | 69.43 | 64.65 | 58.01 | 58.24 | 74.71 | 80.4 | 78.75 | 60.24 | 46.42 | 38.75 | 44.53 | 56.47 | 15.83 | 47.92 | - |
| Short-Term Debt | 199.1M | 194.5M | 158.6M | 136M | 151.8M | 156.9M | 171.9M | 174.4M | 136.4M | 126.4M | 153.8M | 114.4M | 139.4M | 125.3M | 60.54M | 51.33M | 47.62M | 31.8M | 15.62M | 0 |
| Deferred Revenue (Current) | 2.2M | 0 | 800K | 1.4M | 5.3M | 15M | 0 | 28.8M | 38.9M | 50.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 68.6M | 103.6M | 47M | 43.9M | 48.5M | 32.2M | 74.6M | 98.6M | 51.9M | 82.2M | 160.5M | 80.3M | 111.1M | 53.9M | 47.11M | 15.84M | 36.12M | 42.5M | 4.37M | 26.09M |
| Current Ratio | 0.82x | 0.81x | 0.91x | 0.91x | 0.98x | 0.87x | 0.95x | 1.01x | 1.07x | 0.98x | 0.96x | 0.99x | 1.06x | 1.27x | 1.53x | 1.63x | 1.17x | 1.02x | 1.30x | 1.02x |
| Quick Ratio | 0.58x | 0.56x | 0.63x | 0.62x | 0.69x | 0.57x | 0.62x | 0.64x | 0.71x | 0.62x | 0.58x | 0.63x | 0.76x | 0.90x | 1.10x | 1.20x | 0.84x | 0.72x | 0.84x | 0.72x |
| Cash Conversion Cycle | 27.48 | 33.56 | 44.62 | 41.28 | 32.86 | 44.97 | 40.69 | 47.43 | 42.87 | 44.66 | 38.41 | 35.34 | 35.85 | 53.59 | 67.28 | 50.78 | 38.74 | 14.12 | 15.21 | - |
| Total Non-Current Liabilities | 1.11B | 1.09B | 1.19B | 1.24B | 1.28B | 1.25B | 1.19B | 1.19B | 1.11B | 1.09B | 1.16B | 1.29B | 1.25B | 899M | 574.73M | 503.36M | 649.72M | 269.8M | 294.54M | 67.44M |
| Long-Term Debt | 908.4M | 875.6M | 911.6M | 948.2M | 975M | 932.2M | 1B | 1.02B | 912.2M | 935.6M | 934.3M | 1.05B | 1.11B | 790.8M | 484.23M | 427.96M | 578M | 269.8M | 294.54M | 67.44M |
| Capital Lease Obligations | 103.1M | 115.5M | 109.9M | 116.6M | 130.3M | 149.3M | 113.4M | 94.2M | 63.2M | 74.3M | 67.8M | 69.8M | 76.7M | 88M | 73.18M | 75.4M | 70.81M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 11.8M | 11.8M | 11.2M | 14.8M | 14.8M | 14.9M | 0 | 0 | 0 | 0 | 79.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 91.1M | 92.1M | 160.2M | 158.8M | 157M | 155.6M | 77.1M | 72.6M | 134.3M | 83.3M | 75.2M | 162.3M | 64.1M | 20.2M | 17.32M | 0 | 902K | 0 | 0 | 0 |
| Total Liabilities | 1.77B | 1.69B | 1.79B | 1.88B | 1.96B | 1.91B | 1.91B | 1.89B | 1.73B | 1.74B | 1.86B | 2.12B | 2.18B | 1.58B | 1.12B | 955.47M | 1.07B | 516.5M | 449.46M | 129.12M |
| Total Debt | 1.21B | 1.19B | 1.21B | 1.23B | 1.28B | 1.27B | 1.31B | 1.31B | 1.13B | 1.16B | 1.16B | 1.28B | 1.36B | 1.04B | 627.48M | 563.85M | 704.81M | 301.6M | 310.15M | 75.39M |
| Net Debt | 1.18B | 1.16B | 1.15B | 1.2B | 1.27B | 1.26B | 1.28B | 1.28B | 1.1B | 1.14B | 1.13B | 1.25B | 1.29B | 1.01B | 562.8M | 490.19M | 676.16M | 296.2M | 293.79M | 74.05M |
| Debt / Equity | 1.54x | 1.35x | 1.27x | 1.29x | 1.21x | 1.18x | 1.06x | 1.03x | 0.89x | 0.87x | 0.85x | 0.96x | 0.94x | 0.77x | 0.73x | 0.80x | 2.86x | 2.04x | 2.40x | 2.04x |
| Debt / EBITDA | 23.46x | 20.91x | 49.90x | 24.36x | 10.53x | 19.13x | 12.05x | 24.13x | 7.41x | 12.43x | 8.76x | 7.85x | 6.28x | 5.11x | 2.68x | 3.59x | 9.45x | 3.76x | 10.95x | 2.35x |
| Net Debt / EBITDA | 22.81x | 20.51x | 47.50x | 23.84x | 10.39x | 18.91x | 11.81x | 23.69x | 7.22x | 12.16x | 8.56x | 7.68x | 5.95x | 4.94x | 2.41x | 3.12x | 9.06x | 3.69x | 10.37x | 2.30x |
| Interest Coverage | -1.39x | -3.14x | -2.26x | -1.82x | 0.58x | -1.16x | -0.11x | -1.26x | 1.09x | -1.70x | 0.39x | 1.12x | 2.91x | 5.93x | 10.03x | 6.32x | 3.22x | -9.63x | -0.51x | -0.14x |
| Total Equity | 784.8M | 880.7M | 953.9M | 952.2M | 1.06B | 1.08B | 1.23B | 1.27B | 1.27B | 1.33B | 1.36B | 1.33B | 1.46B | 1.35B | 859.27M | 708.16M | 246.37M | 148.1M | 129.43M | 37.03M |
| Equity Growth % | -25.91% | -18.16% | -22.42% | -25.15% | -16.83% | -19% | -9.72% | -4.07% | -12.5% | -1.64% | 58.48% | 87.26% | 490.87% | 812.02% | 563.9% | 1812.52% | 39.34% | -16.24% | 192.8% | -16.23% |
| Book Value per Share | 4.90 | 5.43 | 5.58 | 5.94 | 6.61 | 6.72 | 7.68 | 7.94 | 7.97 | 8.34 | 8.54 | 8.91 | 26.52 | 25.01 | 20.78 | 17.17 | 6.14 | 3.80 | 9.20 | 0.95 |
| Total Shareholders' Equity | 687.4M | 786.3M | 862M | 875.5M | 988.1M | 1.01B | 1.16B | 1.21B | 1.21B | 1.27B | 1.31B | 1.28B | 119.9M | -1.18B | -866.98M | -1.41B | 244.95M | 147.1M | 128.34M | 37.03M |
| Common Stock | 1.8M | 1.8M | 1.8M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.42M | 1.42M | 244.99M | 0 | 128.3M | 0 |
| Retained Earnings | -695.1M | -610.2M | -466.2M | -361.9M | -254.7M | -235.9M | -129.7M | -83.3M | -15.4M | -16M | 77.5M | 110.6M | 113.5M | -1.19B | -868.41M | -1.41B | 244.99M | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 200K | 100K | 300K | 200K | 300K | 300K | -200K | -200K | 100K | 0 | 9K | -36K | -46K | 100K | 41K | -116.04M |
| Minority Interest | 97.4M | 94.4M | 91.9M | 76.7M | 71.2M | 69.2M | 65.6M | 64M | 60.1M | 58.7M | 54.2M | 47.3M | 1.34B | 2.54B | 1.73B | 2.12B | 1.42M | 1M | 1.08M | 0 |