QRHCNasdaqRefuse SystemsFiscal year ends December 31
Quest Resource Holding Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$1.13−0.01 (-0.88%)
Close on Oct 19, 2026
- Market cap
- $24.11M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2010 to 2025
Gross margin
17.0%−2.3 pts over 5 years
Operating margin
-2.5%−3.2 pts over 5 years
Net margin
-6.1%−7.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -13.3% | -4.1% | +20.5% | +3.9% | |
| Gross profit | -14.9% | -4.5% | +17.4% | +12.0% | |
| Free cash flow | – | – | +28.5% | +16.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -11.8% | 1.6% | -32.5% | |
| Return on assets | -7.4% | 1.1% | -9.6% | |
| Current ratio | 1.09 | 1.51 | 1.30 | |
| Debt to equity | – | 0.23 | 1.60 | |
| Net debt to EBITDA | – | 4.21× | -72.64× | |
| Interest coverage | -32.4× | 1.1× | -0.7× | |
| Capex to revenue | 0.3% | 0.4% | 0.1% | |
| Diluted shares | 15M | 17M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Quest Resource generated $21.91M from operations and spent $6.57M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$21.91M
Used
$6.57M
Capital expenditure$6.57M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-6.1%
×Asset turnover1.56×
×Equity multiplier3.39×
=Return on equity, FY2025-32.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -6.1% | 1.56× | 3.39× | -32.5% |
| FY2024 | -5.2% | 1.64× | 2.93× | -25.0% |
| FY2023 | -2.5% | 1.61× | 2.61× | -10.6% |
| FY2022 | -2.1% | 1.59× | 2.47× | -8.4% |
| FY2021 | 1.1% | 1.12× | 1.96× | 2.4% |
| FY2020 | 1.0% | 1.08× | 1.41× | 1.6% |
| FY2019 | -0.1% | 1.22× | 1.33× | -0.1% |
| FY2018 | -2.3% | 1.26× | 1.35× | -4.0% |
| FY2017 | -4.2% | 1.44× | 1.48× | -9.0% |
| FY2016 | -4.4% | 1.69× | 1.59× | -11.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$15.38M
- Cash generatingOperating cash flow above zero$9.56M
- Return on assets improvedROA up on the prior year-8.5% → -8.8%
- Earnings backed by cashOperating cash flow above net income$9.56M vs -$15.38M
- Less leverageLong-term debt to assets fell43.4% → 44.0%
- Better liquidityCurrent ratio rose1.69 → 1.30
- No dilutionShare count did not rise21M → 21M
- Gross margin improvedGross margin up on the prior year17.33% → 17.00%
- More efficientAsset turnover rose1.63 → 1.42