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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and Quest Resource Holding Corp (QRHC). Click either name above to swap in a different company.

American Assets Trust, Inc. is the larger business by last-quarter revenue ($110.6M vs $58.9M, roughly 1.9× Quest Resource Holding Corp). American Assets Trust, Inc. runs the higher net margin — 6.1% vs -2.8%, a 8.9% gap on every dollar of revenue. On growth, American Assets Trust, Inc. posted the faster year-over-year revenue change (1.8% vs -15.8%). Over the past eight quarters, American Assets Trust, Inc.'s revenue compounded faster (-0.1% CAGR vs -10.0%).

Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.

Quest Resource Holding Corp provides end-to-end waste management, recycling, and sustainability solutions to commercial, industrial, and retail clients across North America. It helps businesses cut waste volumes, reduce operational costs, and fulfill corporate environmental targets via customized waste diversion and circular economy initiatives.

AAT vs QRHC — Head-to-Head

Bigger by revenue
AAT
AAT
1.9× larger
AAT
$110.6M
$58.9M
QRHC
Growing faster (revenue YoY)
AAT
AAT
+17.6% gap
AAT
1.8%
-15.8%
QRHC
Higher net margin
AAT
AAT
8.9% more per $
AAT
6.1%
-2.8%
QRHC
Faster 2-yr revenue CAGR
AAT
AAT
Annualised
AAT
-0.1%
-10.0%
QRHC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AAT
AAT
QRHC
QRHC
Revenue
$110.6M
$58.9M
Net Profit
$6.7M
$-1.7M
Gross Margin
15.5%
Operating Margin
23.4%
0.9%
Net Margin
6.1%
-2.8%
Revenue YoY
1.8%
-15.8%
Net Profit YoY
-16.3%
82.6%
EPS (diluted)
$0.08
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAT
AAT
QRHC
QRHC
Q1 26
$110.6M
Q4 25
$110.1M
$58.9M
Q3 25
$109.6M
$63.3M
Q2 25
$107.9M
$59.5M
Q1 25
$108.6M
$68.4M
Q4 24
$113.5M
$70.0M
Q3 24
$122.8M
$72.8M
Q2 24
$110.9M
$73.1M
Net Profit
AAT
AAT
QRHC
QRHC
Q1 26
$6.7M
Q4 25
$-1.7M
Q3 25
$4.5M
$-1.3M
Q2 25
$5.5M
$-2.0M
Q1 25
$42.5M
$-10.4M
Q4 24
$-9.5M
Q3 24
$16.7M
$-3.4M
Q2 24
$11.9M
$-1.5M
Gross Margin
AAT
AAT
QRHC
QRHC
Q1 26
Q4 25
59.4%
15.5%
Q3 25
60.5%
18.1%
Q2 25
62.6%
18.5%
Q1 25
62.0%
16.0%
Q4 24
61.3%
15.3%
Q3 24
65.5%
16.1%
Q2 24
63.6%
18.5%
Operating Margin
AAT
AAT
QRHC
QRHC
Q1 26
23.4%
Q4 25
21.1%
0.9%
Q3 25
22.6%
1.7%
Q2 25
24.1%
0.6%
Q1 25
66.3%
-11.9%
Q4 24
26.5%
-10.3%
Q3 24
30.8%
-1.3%
Q2 24
27.8%
2.4%
Net Margin
AAT
AAT
QRHC
QRHC
Q1 26
6.1%
Q4 25
-2.8%
Q3 25
4.1%
-2.1%
Q2 25
5.1%
-3.3%
Q1 25
39.2%
-15.2%
Q4 24
-13.6%
Q3 24
13.6%
-4.7%
Q2 24
10.7%
-2.1%
EPS (diluted)
AAT
AAT
QRHC
QRHC
Q1 26
$0.08
Q4 25
$0.06
$-0.08
Q3 25
$0.07
$-0.06
Q2 25
$0.09
$-0.09
Q1 25
$0.70
$-0.50
Q4 24
$0.14
$-0.47
Q3 24
$0.28
$-0.16
Q2 24
$0.20
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAT
AAT
QRHC
QRHC
Cash + ST InvestmentsLiquidity on hand
$118.3M
$1.0M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$1.1B
$40.5M
Total Assets
$2.9B
$145.6M
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
QRHC
QRHC
Q1 26
$118.3M
Q4 25
$129.4M
$1.0M
Q3 25
$138.7M
$1.1M
Q2 25
$143.7M
$449.0K
Q1 25
$143.9M
$1.4M
Q4 24
$425.7M
$396.0K
Q3 24
$533.0M
$1.1M
Q2 24
$114.9M
$957.5K
Total Debt
AAT
AAT
QRHC
QRHC
Q1 26
Q4 25
$1.7B
$64.0M
Q3 25
$65.4M
Q2 25
$69.7M
Q1 25
$74.1M
Q4 24
$2.0B
$76.3M
Q3 24
$71.9M
Q2 24
$70.7M
Stockholders' Equity
AAT
AAT
QRHC
QRHC
Q1 26
$1.1B
Q4 25
$1.2B
$40.5M
Q3 25
$1.2B
$42.0M
Q2 25
$1.2B
$42.9M
Q1 25
$1.2B
$44.4M
Q4 24
$1.2B
$54.2M
Q3 24
$1.2B
$62.8M
Q2 24
$1.2B
$65.6M
Total Assets
AAT
AAT
QRHC
QRHC
Q1 26
$2.9B
Q4 25
$2.9B
$145.6M
Q3 25
$2.9B
$149.3M
Q2 25
$3.0B
$153.1M
Q1 25
$3.0B
$165.7M
Q4 24
$3.3B
$175.6M
Q3 24
$3.4B
$178.2M
Q2 24
$3.0B
$181.8M
Debt / Equity
AAT
AAT
QRHC
QRHC
Q1 26
Q4 25
1.48×
1.58×
Q3 25
1.56×
Q2 25
1.62×
Q1 25
1.67×
Q4 24
1.72×
1.41×
Q3 24
1.15×
Q2 24
1.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAT
AAT
QRHC
QRHC
Operating Cash FlowLast quarter
$1.1M
Free Cash FlowOCF − Capex
$1.0M
FCF MarginFCF / Revenue
1.7%
Capex IntensityCapex / Revenue
14.5%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$9.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAT
AAT
QRHC
QRHC
Q1 26
Q4 25
$167.1M
$1.1M
Q3 25
$40.5M
$5.7M
Q2 25
$49.2M
$3.9M
Q1 25
$36.9M
$-1.1M
Q4 24
$207.1M
$-4.8M
Q3 24
$52.4M
$-475.0K
Q2 24
$59.3M
$808.0K
Free Cash Flow
AAT
AAT
QRHC
QRHC
Q1 26
Q4 25
$94.9M
$1.0M
Q3 25
$23.1M
$5.6M
Q2 25
$28.4M
$3.9M
Q1 25
$20.4M
$-1.2M
Q4 24
$136.9M
$-5.2M
Q3 24
$28.0M
$-583.0K
Q2 24
$43.6M
$-1.4M
FCF Margin
AAT
AAT
QRHC
QRHC
Q1 26
Q4 25
86.2%
1.7%
Q3 25
21.1%
8.9%
Q2 25
26.3%
6.5%
Q1 25
18.8%
-1.8%
Q4 24
120.7%
-7.4%
Q3 24
22.8%
-0.8%
Q2 24
39.3%
-2.0%
Capex Intensity
AAT
AAT
QRHC
QRHC
Q1 26
14.5%
Q4 25
65.6%
0.1%
Q3 25
15.9%
0.0%
Q2 25
19.3%
0.0%
Q1 25
15.1%
0.2%
Q4 24
61.9%
0.6%
Q3 24
19.9%
0.1%
Q2 24
14.1%
3.1%
Cash Conversion
AAT
AAT
QRHC
QRHC
Q1 26
Q4 25
Q3 25
8.98×
Q2 25
9.01×
Q1 25
0.87×
Q4 24
Q3 24
3.15×
Q2 24
4.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAT
AAT

Rental income$104.4M94%
Other$6.2M6%

QRHC
QRHC

Services$55.8M95%
Product Sales And Other$3.1M5%

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