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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ProFrac Holding's retained earnings for the quarter that ended in Jun. 2026 was $-776 Mil.
ProFrac Holding's quarterly retained earnings
declined
from Dec. 2025 ($-610 Mil) to Mar. 2026 ($-695 Mil) and
declined
from Mar. 2026 ($-695 Mil) to Jun. 2026 ($-776 Mil).
ProFrac Holding's annual retained earnings
declined
from Dec. 2023 ($-16 Mil) to Dec. 2024 ($-236 Mil) and
declined
from Dec. 2024 ($-236 Mil) to Dec. 2025 ($-610 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
ProFrac Holding Retained Earnings Historical Data
* Premium members only.
The historical data trend for ProFrac Holding's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
ProFrac Holding (ACDC) has a Retained Earnings of $-776 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on ProFrac Holding and its competitors.
Is ProFrac Holding's Retained Earnings too high?
ProFrac Holding's current Retained Earnings is $-776 Mil. Overall, ProFrac Holding has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ProFrac Holding's Retained Earnings compare to FLOC and FET?
ProFrac Holding's Retained Earnings of $-776 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on ProFrac Holding and its competitors. ProFrac Holding's current Retained Earnings is $-776 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProFrac Holding stock overvalued right now?
Based on GuruFocus' analysis, ProFrac Holding (ACDC) is currently considered Fairly Valued. The stock's GF Value™ is $4.56, compared to a current price of $4.63 — trading 1.5% above its estimated fair value. The current Retained Earnings is $-776 Mil. ProFrac Holding's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For ProFrac Holding (ACDC), the current Retained Earnings is $-776 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ProFrac Holding (ACDC) Overvalued in 2026?
Based on GuruFocus' analysis, ProFrac Holding stock appears to be overvalued.
The current stock price of $4.63 is trading 1.5% above its estimated GF Value™ of $4.56.
GuruFocus considers ProFrac Holding to be Fairly Valued.
Key valuation signals for ACDC:
Retained Earnings: $-776 Mil
GF Value™: $4.56 vs. price of $4.63 (1.5% above fair value)
No single metric tells the full story. See the ACDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ProFrac Holding Corp is a technology-focused, vertically integrated energy services company providing hydraulic fracturing, proppant production, completion services, and related products, including distributed power generation, to upstream oil and natural gas companies in the United States. The Company operates through four segments: Stimulation Services, Proppant Production, Manufacturing, and Flotek. The Stimulation Services segment, which generates maximum revenue, provides hydraulic fracturing services using mobile units and auxiliary equipment. The Proppant Production segment supplies proppant, the Manufacturing segment sells engineered products such as pumps, valves, and piping, and Flotek is a chemistry and data technology company serving the E&P industry.
63GF Score
Get the complete analysis for ACDC
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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