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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ProFrac Holding's average diluted shares outstanding for the quarter that ended in Jun. 2026 was 182 Mil.
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
ProFrac Holding Shares Outstanding (Diluted Average) Related Terms
ProFrac Holding Shares Outstanding (Diluted Average) Historical Data
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The historical data trend for ProFrac Holding's Shares Outstanding (Diluted Average) 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.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Diluted Average) of 182 Mil mean?
ProFrac Holding (ACDC) has a Shares Outstanding (Diluted Average) of 182 Mil as of Jun. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on ProFrac Holding and its competitors.
Is ProFrac Holding's Shares Outstanding (Diluted Average) too high?
ProFrac Holding's current Shares Outstanding (Diluted Average) is 182 Mil. Overall, ProFrac Holding has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ProFrac Holding's Shares Outstanding (Diluted Average) compare to FLOC and FET?
ProFrac Holding's Shares Outstanding (Diluted Average) of 182 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 Shares Outstanding (Diluted Average) for an Oil & Gas company?
A good Shares Outstanding (Diluted Average) depends on the Oil & Gas industry context. However, Shares Outstanding (Diluted Average) 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 Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on ProFrac Holding and its competitors. ProFrac Holding's current Shares Outstanding (Diluted Average) is 182 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 $4.50, compared to a current price of $4.32 — trading 4.1% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 182 Mil. ProFrac Holding's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For ProFrac Holding (ACDC), the current Shares Outstanding (Diluted Average) is 182 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 undervalued.
The current stock price of $4.32 is trading 4.1% below its estimated GF Value™ of $4.50.
GuruFocus considers ProFrac Holding to be Fairly Valued.
Key valuation signals for ACDC:
Shares Outstanding (Diluted Average): 182 Mil
GF Value™: $4.50 vs. price of $4.32 (4.1% below 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.
62GF Score
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