ProFrac Holding Corp. (ACDC) company profile
Close on Nov 13, 2026Market cap $573.69MP/E –Yield –
About ProFrac
Oil & Gas Field Services, NEC, SIC 1389
ProFrac is an energy services company that provides hydraulic stimulation services, proppant production, equipment manufacturing, and related products to external customers across the energy industry. The company operates through several primary business segments, which include Stimulation Services, Proppant Production, Manufacturing, and Flotek. Through these divisions, ProFrac manufactures industrial machinery and pressure-pumping equipment, produces and supplies proppants from sand mining properties, and delivers well-stimulation and pumping operations for commercial clients.
The company conducts operations domestically within the United States as well as internationally in foreign jurisdictions. Its domestic footprint and operating assets include operations, facilities, and sand mines located across multiple states, specifically Texas, Pennsylvania, and Louisiana, among other state jurisdictions. The provided report details domestic and international business activities along with related property and equipment holdings, but it does not specify the exact location of the corporate headquarters or the total number of operational facilities.
Summary of the business section of ProFrac's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ProFrac Holding Corp.
- Founded
- 2016
- Headquarters
- Willow Park, TX
- Address
- 333 Shops Boulevard, Suite 301 76087
- Phone
- (254) 776-3722
- Website
- profrac.com
- Employees
- 2,280, Dec 31, 2025
- Industry
- Oil & Gas Field Services, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Dallas, Texas
Stock & identifiers
- Ticker
- ACDC
- Former tickers
- PFHC until Nov 14, 2022
- Exchange
- Nasdaq
- IPO date
- May 16, 2022
- Shares outstanding
- 182M, Aug 3, 2026
- Public float
- $116.27M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- SEC CIK
- 1881487
- CUSIP
- 74319N100
- ISIN
- US74319N1000
- FIGI
- BBG013PRYPJ2
- Share class FIGI
- BBG013PRYQC7
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Matthew Wilks | Chief Executive Officer, Director | 2,290,224 |
| Michael S. Henry | Principal Accounting Officer | 40,647 |
| Steven Scrogham | CLO, CCO & Corp. Sec. | 233,196 |
| Matthew A. Greenwood | Chief Commercial Officer | 267,305 |
| Austin Harbour | Chief Financial Officer | 370,123 |
| Jeremy Spriggs | Chief Operations Officer | 150,000 |
| Johnathan Ladd Wilks | Director | 1,360,868 |
| Stacy Durbin Nieuwoudt | Director | 100,659 |
| Gerald W. Haddock | Director | 109,409 |
| Sergei Krylov | Director | 95,909 |
| Theresa Glebocki | Director | 94,409 |
| Matthew Daniel Rinaldi | Director | 22,421 |
| James Coy Randle JR | Director | 662,647 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.40M | $658.20K | $1.46M | $47 | – |
| FY2024 | $1.39M | $1.27M | $1.62M | $97 | – |
| FY2023 | $901.18K | -$147.39K | $1.09M | $40 | – |
| FY2022 | $2.32M | $2.79M | $2.68M | $139 | $115 |
| FY2021 | $248.38K | $248.38K | $260.45K | – | – |
| FY2020 | $230.80K | $230.80K | $313.25K | – | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Matthew D. Wilks Principal Executive Officer | $475.00K | $839.62K | $59.38K | $30.21K | $1.40M | +1% |
| Johnathan L. Wilks Chief Executive Officer | $475.00K | $780.49K | $475.00K | $79.60K | $1.38M | +2% |
| Austin Harbour Chief Financial Officer | $450.00K | $633.00K | $427.50K | $19.62K | $1.53M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- May 16, 2022
- Offer price
- $18.00
- Securities offered
- 16,000,000
- Gross proceeds
- $288.00M
- Exchange
- Nasdaq
- First trading day
- May 13, 2022
- First-day close
- $18.11+0.6%
- Lock-up ends (est.)
- Nov 9, 2022
“The initial public offering price is $18.00 per share of Class A common stock.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 2,280 people, none of whom are represented by labor unions or subject to collective bargaining agreements.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 9, 2026 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 17, 2023 | Deregistration | Termination of SEC registration (Form 15) |
| Nov 7, 2023 | Delisting | Notice of delisting from exchange (Form 25) |
| Nov 1, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 1, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 30, 2022 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 16, 2022 | IPO | Initial public offering priced (424B4 prospectus) |
| May 10, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |
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