ProFrac Holding Management
Management criteria checks 2/4
ProFrac Holding's CEO is Johnathan Wilks, appointed in May 2022, has a tenure of 2.67 years. total yearly compensation is $889.15K, comprised of 53.4% salary and 46.6% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth $8.06M. The average tenure of the management team and the board of directors is 1.8 years and 2.7 years respectively.
Key information
Johnathan Wilks
Chief executive officer
US$889.2k
Total compensation
| CEO salary percentage | 53.4% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.6% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
Returns At ProFrac Holding (NASDAQ:ACDC) Are On The Way Up
Dec 20
Estimating The Fair Value Of ProFrac Holding Corp. (NASDAQ:ACDC)
Nov 08ProFrac Holding Corp. (NASDAQ:ACDC) Soars 25% But It's A Story Of Risk Vs Reward
Oct 12ProFrac: Rising Pressure
Sep 25Is ProFrac Holding (NASDAQ:ACDC) A Risky Investment?
Sep 19ProFrac Holding: Follow Free Cash Flow
Aug 22Earnings Release: Here's Why Analysts Cut Their ProFrac Holding Corp. (NASDAQ:ACDC) Price Target To US$9.25
Aug 12Many Still Looking Away From ProFrac Holding Corp. (NASDAQ:ACDC)
Aug 10Returns At ProFrac Holding (NASDAQ:ACDC) Are On The Way Up
Jul 04There's No Escaping ProFrac Holding Corp.'s (NASDAQ:ACDC) Muted Revenues
Apr 11ProFrac: Resetting In 2024
Mar 18Analysts Are Updating Their ProFrac Holding Corp. (NASDAQ:ACDC) Estimates After Its Full-Year Results
Mar 16ProFrac Holding (NASDAQ:ACDC) Is Doing The Right Things To Multiply Its Share Price
Feb 19ProFrac Holding Corp.'s (NASDAQ:ACDC) Business Is Yet to Catch Up With Its Share Price
Jan 03Returns At ProFrac Holding (NASDAQ:ACDC) Are On The Way Up
Nov 11Shareholders Would Enjoy A Repeat Of ProFrac Holding's (NASDAQ:ACDC) Recent Growth In Returns
Jul 05Earnings Update: ProFrac Holding Corp. (NASDAQ:ACDC) Just Reported And Analysts Are Trimming Their Forecasts
May 13ProFrac Holding reports Q2 results
Aug 12ProFrac Gobbles Up U.S. Well Services: High Margin Clean Frac King In The Making
Jun 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$213m |
| Jun 30 2024 | n/a | n/a | -US$194m |
| Mar 31 2024 | n/a | n/a | -US$129m |
| Dec 31 2023 | US$889k | US$475k | -US$107m |
| Sep 30 2023 | n/a | n/a | US$33m |
| Jun 30 2023 | n/a | n/a | US$104m |
| Mar 31 2023 | n/a | n/a | US$114m |
| Dec 31 2022 | US$2m | US$450k | US$92m |
| Sep 30 2022 | n/a | n/a | US$99m |
| Jun 30 2022 | n/a | n/a | US$41m |
| Mar 31 2022 | n/a | n/a | US$26m |
| Dec 31 2021 | US$284k | US$262k | US$0 |
| Sep 30 2021 | n/a | n/a | -US$80m |
| Dec 31 2020 | US$257k | US$231k | US$0 |
Compensation vs Market: Johnathan's total compensation ($USD889.15K) is below average for companies of similar size in the US market ($USD5.42M).
Compensation vs Earnings: Johnathan's compensation has been consistent with company performance over the past year.
CEO
Johnathan Wilks (38 yo)
2.7yrs
Tenure
US$889,152
Compensation
Mr. Ladd Wilks serves as Chief Executive Officer of Profrac Services LLC. Mr. Wilks is Chief Executive Officer at Profrac Holding Corp. since May 2022. Mr. Wilks owns a controlling interest in two private...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & President | 3.4yrs | US$901.18k | 0.86% $ 11.4m | |
| Chief Executive Officer | 2.7yrs | US$889.15k | 0.61% $ 8.1m | |
| Chief Commercial Officer | 2.8yrs | US$804.58k | 0.065% $ 857.9k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Senior Vice President of Operations | no data | no data | no data | |
| Principal Accounting Officer | less than a year | no data | 0.0056% $ 74.2k | |
| Chief Legal Officer | less than a year | no data | 0.033% $ 433.9k | |
| Senior Vice President of HSE | no data | no data | no data |
1.8yrs
Average Tenure
41yo
Average Age
Experienced Management: ACDC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & President | 3.4yrs | US$901.18k | 0.86% $ 11.4m | |
| Independent Director | 2.7yrs | US$345.00k | 0.043% $ 558.9k | |
| Independent Director | 2.7yrs | US$367.00k | 0.033% $ 435.7k | |
| Independent Director | 2.7yrs | US$362.00k | 0.037% $ 487.0k | |
| Director | 2.7yrs | US$275.00k | 0.034% $ 448.1k | |
| Director | 2yrs | US$477.20k | 0.38% $ 5.0m |
2.7yrs
Average Tenure
54.5yo
Average Age
Experienced Board: ACDC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 08:15 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ProFrac Holding Corp. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Saurabh Pant | BofA Global Research |
| Donald Crist | Johnson Rice & Company, L.L.C. |
| Arun Jayaram | J.P. Morgan |