ProFrac Net Income vs Income Before Tax Analysis

ProFrac Holding financial indicator trend analysis is much more than just breaking down ProFrac Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProFrac Holding Corp is a good investment. Please check the relationship between ProFrac Holding Net Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ProFrac Holding Corp Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between ProFrac Holding's Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of ProFrac Holding Corp, assuming nothing else is changed. The correlation between historical values of ProFrac Holding's Net Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of ProFrac Holding Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., ProFrac Holding's Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in ProFrac Holding Corp financial statement analysis. It represents the amount of money remaining after all of ProFrac Holding Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ProFrac Holding income statement and is an important metric when analyzing ProFrac Holding Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from ProFrac Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProFrac Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At present, ProFrac Holding's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Total Revenue2.4B2.6B2.2B1.7B
Depreciation And Amortization267.3M438.4M442.2M303.4M

ProFrac Holding fundamental ratios Correlations

0.990.870.990.18-0.770.990.990.980.561.00.940.940.560.930.980.990.930.990.960.98-0.90.930.99-0.420.62
0.990.910.990.25-0.790.991.00.970.481.00.910.940.480.91.00.970.911.00.930.98-0.910.941.0-0.330.67
0.870.910.860.43-0.660.920.920.820.290.90.720.850.290.70.940.790.740.910.740.89-0.770.860.90.00.78
0.990.990.860.14-0.830.970.991.00.510.980.960.950.510.960.980.990.950.990.970.98-0.940.930.99-0.440.58
0.180.250.430.14-0.110.30.250.1-0.290.25-0.090.27-0.29-0.130.30.08-0.150.24-0.070.09-0.190.30.280.750.85
-0.77-0.79-0.66-0.83-0.11-0.72-0.79-0.86-0.03-0.75-0.85-0.84-0.03-0.8-0.78-0.81-0.76-0.8-0.8-0.80.94-0.7-0.80.31-0.49
0.990.990.920.970.3-0.720.990.940.521.00.870.920.520.870.990.950.880.990.90.96-0.860.930.99-0.290.71
0.991.00.920.990.25-0.790.990.970.461.00.910.940.460.91.00.970.911.00.920.98-0.910.941.0-0.320.68
0.980.970.821.00.1-0.860.940.970.50.960.980.950.50.970.950.990.950.980.980.97-0.950.910.97-0.480.54
0.560.480.290.51-0.29-0.030.520.460.50.530.540.391.00.610.440.570.60.470.620.49-0.260.50.47-0.7-0.03
1.01.00.90.980.25-0.751.01.00.960.530.910.930.530.90.990.970.90.990.930.97-0.890.930.99-0.340.68
0.940.910.720.96-0.09-0.850.870.910.980.540.910.910.541.00.890.980.980.920.990.95-0.930.860.91-0.630.37
0.940.940.850.950.27-0.840.920.940.950.390.930.910.390.90.940.940.890.950.910.94-0.970.970.96-0.320.6
0.560.480.290.51-0.29-0.030.520.460.51.00.530.540.390.610.440.570.60.470.620.49-0.260.50.47-0.7-0.03
0.930.90.70.96-0.13-0.80.870.90.970.610.91.00.90.610.870.970.980.911.00.94-0.90.860.9-0.670.32
0.981.00.940.980.3-0.780.991.00.950.440.990.890.940.440.870.950.891.00.90.97-0.90.930.99-0.270.71
0.990.970.790.990.08-0.810.950.970.990.570.970.980.940.570.970.950.960.970.990.96-0.930.910.97-0.530.52
0.930.910.740.95-0.15-0.760.880.910.950.60.90.980.890.60.980.890.960.910.980.96-0.880.870.9-0.650.31
0.991.00.910.990.24-0.80.991.00.980.470.990.920.950.470.911.00.970.910.930.98-0.920.941.0-0.330.67
0.960.930.740.97-0.07-0.80.90.920.980.620.930.990.910.621.00.90.990.980.930.95-0.90.880.93-0.640.38
0.980.980.890.980.09-0.80.960.980.970.490.970.950.940.490.940.970.960.960.980.95-0.910.920.97-0.430.54
-0.9-0.91-0.77-0.94-0.190.94-0.86-0.91-0.95-0.26-0.89-0.93-0.97-0.26-0.9-0.9-0.93-0.88-0.92-0.9-0.91-0.89-0.930.37-0.56
0.930.940.860.930.3-0.70.930.940.910.50.930.860.970.50.860.930.910.870.940.880.92-0.890.95-0.30.61
0.991.00.90.990.28-0.80.991.00.970.470.990.910.960.470.90.990.970.91.00.930.97-0.930.95-0.320.69
-0.42-0.330.0-0.440.750.31-0.29-0.32-0.48-0.7-0.34-0.63-0.32-0.7-0.67-0.27-0.53-0.65-0.33-0.64-0.430.37-0.3-0.320.42
0.620.670.780.580.85-0.490.710.680.54-0.030.680.370.6-0.030.320.710.520.310.670.380.54-0.560.610.690.42
Click cells to compare fundamentals

ProFrac Holding Account Relationship Matchups

ProFrac Holding fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets577.3M664.6M2.9B3.1B3.0B2.0B
Short Long Term Debt Total275.7M301.6M1.0B1.2B1.3B797.8M
Other Current Liab29.9M50.9M81M104.8M163.3M88.0M
Total Current Liabilities140.2M246.7M668.1M648.9M660M463.4M
Total Stockholder Equity176.8M147.1M(1.2B)1.3B1.0B1.1B
Property Plant And Equipment Net429.7M363.7M1.5B1.9B1.9B1.2B
Net Debt272.8M296.2M1.0B1.1B1.3B779.2M
Accounts Payable94.9M158M363.4M340.9M324.3M252.3M
Cash3.0M5.4M35.1M25.3M14.8M18.6M
Non Current Assets Total437.6M412.9M2.1B2.4B2.4B1.5B
Non Currrent Assets Other6.6M17.1M56.3M37.8M35.8M29.0M
Cash And Short Term Investments3.0M5.4M35.1M25.3M14.8M18.6M
Net Receivables73.6M166.1M537.6M352.9M328.8M283.8M
Liabilities And Stockholders Equity577.3M664.6M2.9B3.1B3.0B2.0B
Non Current Liabilities Total260.2M269.8M914.8M1.1B1.3B746.1M
Inventory56.6M73.9M249.5M236.6M201.1M160.2M
Other Current Assets6.5M6.2M43.2M23.3M29.4M20.9M
Total Liab400.5M516.5M1.6B1.7B1.9B1.2B
Total Current Assets139.7M251.7M865.4M638.1M574.1M483.4M
Short Term Debt15.5M31.8M199.6M150.9M216.6M116.2M

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Other Tools for ProFrac Stock

When running ProFrac Holding's price analysis, check to measure ProFrac Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProFrac Holding is operating at the current time. Most of ProFrac Holding's value examination focuses on studying past and present price action to predict the probability of ProFrac Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProFrac Holding's price. Additionally, you may evaluate how the addition of ProFrac Holding to your portfolios can decrease your overall portfolio volatility.
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