Latest Ratios: P/E Ratio -1.7x · EV/EBITDA 16.0x · ROE -32.5%. (2008–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $27M | $39M | $134M | $148M | $119M | $144M | $39M | $33M | $21M | $35M | $36M |
| Enterprise Value | $91M | $103M | $213M | $215M | $183M | $201M | $48M | $36M | $24M | $41M | $40M |
| P/E Ratio → | -1.74 | — | — | — | — | 85.05 | 46.67 | — | — | — | — |
| P/S Ratio | 0.11 | 0.16 | 0.46 | 0.51 | 0.42 | 0.92 | 0.39 | 0.34 | 0.20 | 0.25 | 0.20 |
| P/B Ratio | 0.66 | 0.96 | 2.47 | 2.23 | 1.67 | 1.95 | 0.57 | 0.54 | 0.34 | 0.57 | 0.54 |
| P/FCF | 2.87 | 4.20 | — | — | — | 74.57 | 14.58 | 15.70 | 7.63 | — | — |
| P/OCF | 2.79 | 4.09 | — | — | — | 56.08 | 12.50 | 14.70 | 7.01 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.41 | 0.74 | 0.74 | 0.65 | 1.29 | 0.49 | 0.37 | 0.23 | 0.30 | 0.22 |
| EV / EBITDA | 15.95 | 18.13 | 36.61 | 16.81 | 16.12 | 27.67 | 23.67 | 18.20 | 27.03 | — | — |
| EV / EBIT | — | — | 182.97 | 48.27 | 40.94 | 31.68 | 28.70 | 61.04 | — | — | — |
| EV / FCF | — | 11.07 | — | — | — | 104.26 | 18.08 | 17.06 | 8.76 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.9% | 14.9% | 17.3% | 17.4% | 17.2% | 18.4% | 19.3% | 18.9% | 16.2% | 11.4% | 7.8% |
| Operating Margin | -0.1% | -0.1% | -1.5% | 1.0% | 0.5% | 2.9% | 0.8% | 0.6% | -1.9% | -3.9% | -4.2% |
| Net Profit Margin | -6.1% | -6.1% | -5.2% | -2.5% | -2.1% | 1.1% | 1.0% | -0.1% | -2.3% | -4.2% | -4.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -32.5% | -32.5% | -25.0% | -10.6% | -8.4% | 2.4% | 1.6% | -0.1% | -4.0% | -9.0% | -11.8% |
| ROA | -9.6% | -9.6% | -8.5% | -4.1% | -3.4% | 1.2% | 1.1% | -0.1% | -3.0% | -6.1% | -7.4% |
| ROIC | -0.2% | -0.2% | -2.5% | 1.6% | 0.8% | 3.2% | 0.8% | 0.7% | -2.3% | -5.8% | -8.3% |
| ROCE | -0.3% | -0.3% | -3.4% | 2.0% | 1.0% | 4.0% | 1.0% | 0.9% | -3.0% | -7.6% | -10.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.60 | 1.60 | 1.46 | 1.02 | 1.04 | 0.89 | 0.25 | 0.10 | 0.09 | 0.11 | 0.07 |
| Debt / EBITDA | 11.44 | 11.44 | 13.62 | 5.29 | 6.50 | 9.04 | 8.28 | 3.15 | 5.88 | — | — |
| Net Debt / Equity | — | 1.58 | 1.45 | 1.01 | 0.91 | 0.78 | 0.14 | 0.05 | 0.05 | 0.09 | 0.05 |
| Net Debt / EBITDA | 11.26 | 11.26 | 13.56 | 5.26 | 5.66 | 7.88 | 4.57 | 1.45 | 3.48 | — | — |
| Debt / FCF | — | 6.88 | — | — | — | 29.69 | 3.49 | 1.36 | 1.13 | — | — |
| Interest Coverage | -0.04 | -0.04 | 0.11 | 0.46 | 0.62 | 2.55 | 2.38 | 1.38 | -4.57 | -11.44 | -32.39 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.30 | 1.30 | 1.69 | 1.35 | 1.52 | 1.33 | 1.51 | 1.38 | 1.25 | 1.29 | 1.09 |
| Quick Ratio | 1.30 | 1.30 | 1.69 | 1.35 | 1.52 | 1.33 | 1.51 | 1.38 | 1.25 | 1.29 | 1.09 |
| Cash Ratio | 0.03 | 0.03 | 0.01 | 0.01 | 0.25 | 0.22 | 0.44 | 0.26 | 0.13 | 0.07 | 0.04 |
| Asset Turnover | — | 1.72 | 1.64 | 1.63 | 1.57 | 0.89 | 0.97 | 1.23 | 1.27 | 1.66 | 1.70 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 354869.39 | — | — |
| Days Sales Outstanding | — | 71.49 | 78.75 | 73.60 | 58.97 | 93.64 | 64.45 | 51.26 | 58.76 | 42.91 | 69.16 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 1.2% | 2.1% | — | — | — | — |
| FCF Yield | 34.9% | 23.8% | — | — | — | 1.3% | 6.9% | 6.4% | 13.1% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $21M | $21M | $20M | $19M | $21M | $17M | $15M | $15M | $15M | $15M |
Liquidity and solvency pressure
According to recent market data, QRHC trades at a P/S multiple of 0.11, which suggests that investors are heavily discounting the company's revenue base due to persistent net losses and the absence of a clear path to GAAP profitability in the current waste management environment.
The negative P/E of -1.73 and the low P/B of 0.65 indicate that the market is pricing the firm as a distressed asset rather than a growth-oriented service provider. This valuation level implies that the market remains skeptical of the company's ability to leverage its national account relationships into sustainable earnings, warranting caution for investors seeking value.
As reported in financial statements, QRHC's gross margin has compressed to 14.0% in 2026Q1, highlighting the structural difficulty of passing through rising third-party vendor costs to clients while maintaining a competitive edge in the fragmented waste brokerage industry.
The company's inability to maintain operating margins above zero suggests that its administrative and technology overhead remains too high relative to its current revenue scale. Investors should monitor whether management can optimize vendor procurement to expand margins, as the current negative net margin of -3.8% indicates that the business model is not yet self-sustaining.
Based on reported figures, QRHC's debt-to-equity ratio has climbed to 1.65 in 2026Q1, signaling an increasing reliance on debt financing to support operations at a time when the company is struggling to generate consistent positive cash flow from its core service activities.
The interest coverage ratio of 0.11 is particularly concerning, as it suggests that the company's ability to service its debt obligations is extremely limited. This trend warrants further investigation into potential refinancing risks, especially given the company's thin cash position and the ongoing contraction in its revenue base.
According to quarterly filings, QRHC's DSO has fluctuated significantly, reaching 74 days in 2026Q1, which indicates that the company's cash conversion cycle is highly sensitive to the payment behaviors of its large national retail and automotive clients.
The reliance on managing payables to maintain liquidity is evident in the company's cash flow volatility, as working capital swings often mask underlying operational weaknesses. Without a more stable cash conversion cycle, the company remains vulnerable to any delays in client payments, which could immediately impact its ability to pay third-party vendors.
The most commonly misapplied metric for QRHC is the P/S ratio, which obscures the company's brokerage nature by failing to distinguish between gross revenue and the net service fees that actually contribute to the company's bottom line.
Because QRHC often reports the full cost of third-party hauling as revenue, the P/S ratio significantly inflates the perceived size of the business while masking the thin margins inherent in its brokerage model. Analysts should instead focus on net revenue or gross profit multiples to better understand the true economic value of the company's service layer.
Includes 30+ ratios · 18 years · Updated daily
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Quick answers to the most common questions about buying QRHC stock.
Quest Resource Holding Corporation's current P/E ratio is -1.7x. The historical average is 65.9x.
Quest Resource Holding Corporation's current EV/EBITDA is 16.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 23.0x.
Quest Resource Holding Corporation's return on equity (ROE) is -32.5%. The historical average is -32.7%.
Based on historical data, Quest Resource Holding Corporation is trading at a P/E of -1.7x. Compare with industry peers and growth rates for a complete picture.
Quest Resource Holding Corporation has 14.9% gross margin and -0.1% operating margin.
Quest Resource Holding Corporation's Debt/EBITDA ratio is 11.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.