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Debt (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Components of Debt | Debt is comprised of the following:
|  | June 30, 2024 |  |  | December 31, 2023 |
ProFrac Holding Corp.: |  |  |  |  |  |
2029 Senior Notes |  | $ | 620.0 |  |  | $ | 520.0 |
2022 ABL Credit Facility |  |  | 149.7 |  |  |  | 117.4 |
Equify Notes (1) |  |  | 15.8 |  |  |  | 18.6 |
Finance lease obligations |  |  | 7.5 |  |  |  | 8.6 |
Other |  |  | 2.4 |  |  |  | 10.2 |
ProFrac Holding Corp. principal amount |  |  | 795.4 |  |  |  | 674.8 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (17.1 | ) |  |  | (17.4 | )
Less: current portion of long-term debt |  |  | (82.9 | ) |  |  | (46.2 | )
ProFrac Holding Corp. long-term debt, net |  |  | 695.4 |  |  |  | 611.2 |
Alpine Subsidiary: |  |  |  |  |  |
Alpine 2023 Term Loan |  |  | 365.0 |  |  |  | 365.0 |
Monarch Note |  |  | 32.8 |  |  |  | 54.7 |
Other |  |  | 0.9 |  |  |  | — |
Finance lease obligations |  |  | 9.7 |  |  |  | 2.1 |
Alpine principal amount |  |  | 408.4 |  |  |  | 421.8 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (17.9 | ) |  |  | (22.0 | )
Less: current portion of long-term debt |  |  | (84.1 | ) |  |  | (71.6 | )
Alpine long-term debt, net |  |  | 306.4 |  |  |  | 328.2 |
Flotek Subsidiary: |  |  |  |  |  |
Flotek ABL credit facility |  |  | 5.8 |  |  |  | 7.5 |
Flotek other |  |  | 0.1 |  |  |  | 0.2 |
Flotek principal amount |  |  | 5.9 |  |  |  | 7.7 |
Less: current portion of long-term debt |  |  | (5.9 | ) |  |  | (7.6 | )
Flotek long-term debt, net |  |  | — |  |  |  | 0.1 |
Other Subsidiaries: |  |  |  |  |  |
Revolving credit facility |  |  | 5.0 |  |  |  | — |
Finance lease obligations |  |  | 6.5 |  |  |  | — |
Other |  |  | 13.2 |  |  |  | 3.6 |
Other subsidiaries principal amount |  |  | 24.7 |  |  |  | 3.6 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (0.3 | ) |  |  | — |
Less: current portion of long-term debt |  |  | (1.5 | ) |  |  | (1.0 | )
Other subsidiaries long-term debt, net |  |  | 22.9 |  |  |  | 2.6 |
Consolidated: |  |  |  |  |  |
Total principal amount |  |  | 1,234.4 |  |  |  | 1,107.9 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (35.3 | ) |  |  | (39.4 | )
Less: current portion of long-term debt |  |  | (174.4 | ) |  |  | (126.4 | )
Total long-term debt, net |  | $ | 1,024.7 |  |  | $ | 942.1 |
(1) Related party debt agreements.

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