ProFrac Holding (ACDC) Tax Rate (2022 - 2024)
ProFrac Holding (ACDC) recorded Tax Rate of -5.06% in Q2 2026, down 0.78 percentage points from -4.28% a year earlier and down 3.04 percentage points from the prior quarter.
ProFrac Holding (ACDC) Tax Rate (2022 - 2024) Analysis & Trends
On a TTM basis, ProFrac Holding's Tax Rate came in at 3.09% as of Jun 30, 2026, up 11.65 percentage points year-over-year; for FY2025, it came in at 3.50%, up 0.24 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +3.93 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 3.26% in FY2024 (+5.33 pp), -2.07% in FY2023 (-4.66 pp), 2.59% in FY2022 (+2.13 pp) and 0.46% in FY2021 (+0.88 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in two of the last eight quarters, with an average year-over-year change of -7.74 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 186.53 percentage points in Q2 2023, against a drop of 165.46 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -2.02% (Q1 2026), -1.89% (Q4 2025) and 17.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | - |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 44.00% |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 7.61% |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 41.69% |
| 10 | ProFrac Holding | 817.73 Mn | 787.63 Mn | 110.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 9.09% |
| Jun 30, 2023 | 192.00% |
| Mar 31, 2023 | 10.08% |
| Sep 30, 2022 | 5.37% |
| Jun 30, 2022 | 5.47% |
| Mar 31, 2022 | 2.91% |
ProFrac Holding Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ACDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ACDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ACDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();