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Quest Resource vs Republic Services: revenue, profit, margins and growth compared

Quest Resource brought in $250.2M of revenue in fiscal 2025, Republic Services $19B in fiscal 2025. Revenue changed by -13.3% at Quest Resource and +3.3% at Republic Services on the year before, so Republic Services grew faster. Quest Resource kept -6.1% of its revenue as net profit, Republic Services 11.2%. Free cash flow was $9.3M at Quest Resource and $2.4B at Republic Services.

Side by side, latest fiscal year

QRHCRSG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$250.2M$19B
Revenue growth-13.3%+3.3%
Net income-$15.4M$2.1B
Net margin-6.1%11.2%
Free cash flow$9.3M$2.4B
Free cash flow margin3.7%12.7%
Earnings per share (diluted)-$0.73$6.85
Cash$1M$76M
Debt$64M$13.7B
Price to earningsn/a31.0
Market value$28.9M$64.9B
Dividend yieldn/a1.14%
Rank by revenue in sector#94 of 116 · Utilities#13 of 116 · Utilities

Over the years

Revenue
QRHC FY2018: $103.8MQRHC FY2019: $99MQRHC FY2020: $98.7MQRHC FY2021: $155.7MQRHC FY2022: $284MQRHC FY2023: $288.4MQRHC FY2024: $288.5MQRHC FY2025: $250.2MRSG FY2018: $11.9BRSG FY2019: $12.2BRSG FY2020: $12BRSG FY2021: $13.3BRSG FY2022: $15.6BRSG FY2023: $17.3BRSG FY2024: $18.4BRSG FY2025: $19BFY18FY19FY20FY21FY22FY23FY24FY25
QRHC $250.2MRSG $19B
Net income
QRHC FY2018: -$2.4MQRHC FY2019: -$55.2KQRHC FY2020: $1MQRHC FY2021: $1.7MQRHC FY2022: -$6MQRHC FY2023: -$7.3MQRHC FY2024: -$15.1MQRHC FY2025: -$15.4MRSG FY2018: $1BRSG FY2019: $1.1BRSG FY2020: $967.2MRSG FY2021: $1.3BRSG FY2022: $1.5BRSG FY2023: $1.7BRSG FY2024: $2BRSG FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
QRHC -$15.4MRSG $2.1B
Net margin
QRHC FY2018: -2.3%QRHC FY2019: -0.1%QRHC FY2020: 1.0%QRHC FY2021: 1.1%QRHC FY2022: -2.1%QRHC FY2023: -2.5%QRHC FY2024: -5.2%QRHC FY2025: -6.1%RSG FY2018: 8.7%RSG FY2019: 8.8%RSG FY2020: 8.0%RSG FY2021: 9.7%RSG FY2022: 9.5%RSG FY2023: 10.0%RSG FY2024: 11.1%RSG FY2025: 11.2%FY18FY19FY20FY21FY22FY23FY24FY25
QRHC -6.1%RSG 11.2%
Revenue growth
QRHC FY2019: -4.6%QRHC FY2020: -0.3%QRHC FY2021: +57.8%QRHC FY2022: +82.4%QRHC FY2023: +1.5%QRHC FY2024: +0.1%QRHC FY2025: -13.3%RSG FY2019: +2.5%RSG FY2020: -1.3%RSG FY2021: +10.7%RSG FY2022: +17.4%RSG FY2023: +10.4%RSG FY2024: +6.6%RSG FY2025: +3.3%FY19FY20FY21FY22FY23FY24FY25
QRHC -13.3%RSG +3.3%
Free cash flow
QRHC FY2018: $2.9MQRHC FY2019: $2.1MQRHC FY2020: $2.7MQRHC FY2021: $2MQRHC FY2022: -$3.2MQRHC FY2023: -$1.6MQRHC FY2024: -$10.8MQRHC FY2025: $9.3MRSG FY2018: $1.2BRSG FY2019: $1.1BRSG FY2020: $1.3BRSG FY2021: $1.5BRSG FY2022: $1.7BRSG FY2023: $2BRSG FY2024: $2.1BRSG FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
QRHC $9.3MRSG $2.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Quest Resource and Republic Services

Which is bigger by revenue, Quest Resource or Republic Services?

Republic Services is bigger by revenue: $19B in fiscal 2025, against $250.2M for Quest Resource in fiscal 2025.

Which keeps more of its revenue as profit, Quest Resource or Republic Services?

Quest Resource had a net margin of -6.1% in fiscal 2025; Republic Services had 11.2% in fiscal 2025.

Which grew revenue faster, Quest Resource or Republic Services?

In their latest fiscal years revenue changed by -13.3% at Quest Resource and +3.3% at Republic Services.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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