ProFrac Holding Corp. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt is comprised of the following:


	March 31, 2025			December 31, 2024
ProFrac Holding Corp.:
2029 Senior Notes	$	566.3		$	584.2
2022 ABL Credit Facility		204.5			139.8
Equify Notes (1)		12.1			13.3
Finance lease obligations		5.8			6.3
Other		3.2			8.0
ProFrac Holding Corp. principal amount		791.9			751.6
Less: unamortized debt discounts, premiums, and issuance costs		(14.1	)		(15.0	)
Less: current portion of long-term debt		(82.0	)		(87.5	)
ProFrac Holding Corp. long-term debt, net		695.8			649.1

Alpine Subsidiary:
Alpine 2023 Term Loan		335.0			350.0
Other		0.7			0.8
Finance lease obligations		5.7			7.2
Alpine principal amount		341.4			358.0
Less: unamortized debt discounts, premiums, and issuance costs		(13.1	)		(14.5	)
Less: current portion of long-term debt		(65.6	)		(65.5	)
Alpine long-term debt, net		262.7			278.0

Flotek Subsidiary:
Flotek ABL credit facility		—			4.7
Flotek other		—			0.1
Flotek principal amount		—			4.8
Less: current portion of long-term debt		—			(4.8	)
Flotek long-term debt, net		—			—

Other Subsidiaries:
Revolving credit facility		3.6			5.4
Finance lease obligations		6.3			6.4
Other		11.2			12.7
Other subsidiaries principal amount		21.1			24.5
Less: unamortized debt discounts, premiums, and issuance costs		(0.4	)		(0.4	)
Less: current portion of long-term debt		(4.2	)		(6.8	)
Other subsidiaries long-term debt, net		16.5			17.3

Consolidated:
Total principal amount		1,154.4			1,138.9
Less: unamortized debt discounts, premiums, and issuance costs		(27.6	)		(29.9	)
Less: current portion of long-term debt		(151.8	)		(164.6	)
Total long-term debt, net	$	975.0		$	944.4

(1)

Related party debt agreements.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details