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Debt (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Components of Long-term Debt |
|  | December 31, |
|  | 2024 |  |  | 2023 |
ProFrac Holding Corp.: |  |  |  |  |  |
2029 Senior Notes |  | $ | 584.2 |  |  | $ | 520.0 |
2022 ABL Credit Facility |  |  | 139.8 |  |  |  | 117.4 |
Equify Notes (1) |  |  | 13.3 |  |  |  | 18.6 |
Finance lease obligations |  |  | 6.3 |  |  |  | 8.6 |
Other |  |  | 8.0 |  |  |  | 10.2 |
ProFrac Holding Corp. principal amount |  |  | 751.6 |  |  |  | 674.8 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (15.0 | ) |  |  | (17.4 | )
Less: current portion of long-term debt |  |  | (87.5 | ) |  |  | (46.2 | )
ProFrac Holding Corp. long-term debt, net |  |  | 649.1 |  |  |  | 611.2 |
Alpine Subsidiary: |  |  |  |  |  |
Alpine 2023 Term Loan |  |  | 350.0 |  |  |  | 365.0 |
Monarch Note |  |  | — |  |  |  | 54.7 |
Other |  |  | 0.8 |  |  |  | — |
Finance lease obligations |  |  | 7.2 |  |  |  | 2.1 |
Alpine principal amount |  |  | 358.0 |  |  |  | 421.8 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (14.5 | ) |  |  | (22.0 | )
Less: current portion of long-term debt |  |  | (65.5 | ) |  |  | (71.6 | )
Alpine long-term debt, net |  |  | 278.0 |  |  |  | 328.2 |
Flotek Subsidiary: |  |  |  |  |  |
Flotek ABL credit facility |  |  | 4.7 |  |  |  | 7.5 |
Flotek other |  |  | 0.1 |  |  |  | 0.2 |
Flotek principal amount |  |  | 4.8 |  |  |  | 7.7 |
Less: current portion of long-term debt |  |  | (4.8 | ) |  |  | (7.6 | )
Flotek long-term debt, net |  |  | — |  |  |  | 0.1 |
Other Subsidiaries: |  |  |  |  |  |
Revolving credit facility |  |  | 5.4 |  |  |  | — |
Finance lease obligations |  |  | 6.4 |  |  |  | — |
Other |  |  | 12.7 |  |  |  | 3.6 |
Other subsidiaries principal amount |  |  | 24.5 |  |  |  | 3.6 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (0.4 | ) |  |  | — |
Less: current portion of long-term debt |  |  | (6.8 | ) |  |  | (1.0 | )
Other subsidiaries long-term debt, net |  |  | 17.3 |  |  |  | 2.6 |
Consolidated: |  |  |  |  |  |
Total principal amount |  |  | 1,138.9 |  |  |  | 1,107.9 |
Less: unamortized debt discounts, premiums, and issuance costs |  |  | (29.9 | ) |  |  | (39.4 | )
Less: current portion of long-term debt |  |  | (164.6 | ) |  |  | (126.4 | )
Total long-term debt, net |  | $ | 944.4 |  |  | $ | 942.1 |
(1) Related party debt agreements
Summary of Principal Maturity Schedule | As of December 31, 2024, the principal maturity schedule for our debt outstanding is as follows:
|  | 2025 |  |  | 2026 |  |  | 2027 |  |  | 2028 |  |  | 2029 |  |  | Thereafter |  |  | Total |
ProFrac Holding Corp.: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2029 Senior Notes |  |  | 72.3 |  |  |  | 72.3 |  |  |  | 72.3 |  |  |  | 72.3 |  |  |  | 295.0 |  |  |  | — |  |  |  | 584.2 |
2022 ABL Credit Facility |  |  | — |  |  |  | — |  |  |  | 139.8 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 139.8 |
Equify Notes (1) |  |  | 5.0 |  |  |  | 5.0 |  |  |  | 3.3 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 13.3 |
Finance lease obligations |  |  | 2.2 |  |  |  | 2.0 |  |  |  | 1.8 |  |  |  | 0.3 |  |  |  | — |  |  |  | — |  |  |  | 6.3 |
Other |  |  | 8.0 |  |  |  | - |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 8.0 |
ProFrac Holding Corp. principal amount |  |  | 87.5 |  |  |  | 79.3 |  |  |  | 217.2 |  |  |  | 72.6 |  |  |  | 295.0 |  |  |  | — |  |  |  | 751.6 |
Alpine Subsidiary: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alpine 2023 Term Loan |  |  | 60.0 |  |  |  | 60.0 |  |  |  | 60.0 |  |  |  | 60.0 |  |  |  | 110.0 |  |  |  | — |  |  |  | 350.0 |
Other |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.8 |
Finance lease obligations |  |  | 5.2 |  |  |  | 1.9 |  |  |  | 0.1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7.2 |
Alpine principal amount |  |  | 65.5 |  |  |  | 62.2 |  |  |  | 60.3 |  |  |  | 60.0 |  |  |  | 110.0 |  |  |  | — |  |  |  | 358.0 |
Flotek Subsidiary: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Flotek ABL credit facility |  |  | 4.7 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4.7 |
Flotek other |  |  | 0.1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.1 |
Flotek principal amount |  |  | 4.8 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4.8 |
Other Subsidiaries: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revolving credit facility |  |  | 5.4 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 5.4 |
Finance lease obligations |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 4.9 |  |  |  | 6.4 |
Other |  |  | 1.1 |  |  |  | 1.8 |  |  |  | 0.9 |  |  |  | 0.6 |  |  |  | 0.7 |  |  |  | 7.6 |  |  |  | 12.7 |
Other subsidiaries principal amount |  |  | 6.8 |  |  |  | 2.1 |  |  |  | 1.2 |  |  |  | 0.9 |  |  |  | 1.0 |  |  |  | 12.5 |  |  |  | 24.5 |
Total principal amount |  | $ | 164.6 |  |  | $ | 143.6 |  |  | $ | 278.7 |  |  | $ | 133.5 |  |  | $ | 406.0 |  |  | $ | 12.5 |  |  | $ | 1,138.9 |
(1) Related party debt agreements

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