CWST vs QRHC
Casella Waste Systems Inc. and Quest Resource Holding Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CWST | QRHC |
|---|---|---|
| Revenue | $1.8B | $250.2M |
| Net income | $7.9M | $-15.4M |
| Gross margin | 33.8% | 17.0% |
| Net margin | 0.4% | −6.1% |
| Return on equity | 0.5% | −32.5% |
| Diluted EPS | $0.12 | −$0.73 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $84.7M | $9.3M |
| Equity | $1.6B | $40.5M |
| Net debt / equity | 0.64× | 1.58× |
| Current ratio | 1.26× | 1.30× |
| Revenue CAGR 5y | 18.9% | 20.5% |
| Profit CAGR 5y | −38.7% | · |
CWST bills 7.3× the revenue of QRHC, and QRHC closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CWST | QRHC |
|---|---|---|
| FY2025 | $1.8B | $250.2M |
| FY2024 | $1.6B | $288.5M |
| FY2023 | $1.3B | $288.4M |
| FY2022 | $1.1B | $284.0M |
| FY2021 | $889.2M | $155.7M |
| FY2020 | $774.6M | $98.7M |
| FY2019 | $743.3M | $99.0M |
| FY2018 | $660.7M | $103.8M |
| FY2017 | $599.3M | $138.3M |
| FY2016 | $565.0M | $183.8M |
Bottom line
| Fiscal year | CWST | QRHC |
|---|---|---|
| FY2025 | $7.9M | $-15.4M |
| FY2024 | $13.5M | $-15.1M |
| FY2023 | $25.4M | $-7.3M |
| FY2022 | $53.1M | $-6.0M |
| FY2021 | $41.1M | $1.7M |
| FY2020 | $91.1M | $1.0M |
| FY2019 | $31.7M | $-55,240 |
| FY2018 | $6.4M | $-2.4M |
| FY2017 | $-21.8M | $-5.8M |
| FY2016 | $-6.8M | $-8.0M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,586,624,000 | CWST |
| FY2024 | +$1,268,751,000 | CWST |
| FY2023 | +$976,164,000 | CWST |
| FY2022 | +$801,051,177 | CWST |
| FY2021 | +$733,495,627 | CWST |
| FY2020 | +$675,923,965 | CWST |
| FY2019 | +$644,310,860 | CWST |
| FY2018 | +$556,854,568 | CWST |
| FY2017 | +$460,962,673 | CWST |
| FY2016 | +$381,218,602 | CWST |
| FY2015 | +$376,360,951 | CWST |
| FY2013 | +$430,128,460 | CWST |
| FY2012 | +$454,189,363 | CWST |
| FY2011 | +$467,856,025 | CWST |
| FY2010 | +$454,675,840 | CWST |
CWST has reported the higher revenue in every one of these 15 fiscal years. The gap has widened since the earliest year compared.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +6.6 pp | CWST |
| FY2024 | +6.1 pp | CWST |
| FY2023 | +4.5 pp | CWST |
| FY2022 | +7.0 pp | CWST |
| FY2021 | +3.5 pp | CWST |
| FY2020 | +10.7 pp | CWST |
| FY2019 | +4.3 pp | CWST |
| FY2018 | +3.3 pp | CWST |
| FY2017 | +0.6 pp | CWST |
| FY2016 | +3.2 pp | CWST |
| FY2015 | +2.2 pp | CWST |
| FY2013 | +20.9 pp | CWST |
CWST has kept the higher net margin in every one of these 12 fiscal years.
12 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QRHC's net margin has been more volatile than CWST's over the 12 comparable fiscal years — 6.9 percentage points of standard deviation against 4.4.
12 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CWST led in net margin in every one of the 12 comparable fiscal years — a structural lead, not a recent swing.
12 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QRHC's return on equity has been more volatile than CWST's over the 7 comparable fiscal years — 312.8 percentage points of standard deviation against 19.0.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CWST led in return on equity in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.