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Side-by-side financial comparison of DIAMOND HILL INVESTMENT GROUP INC (DHIL) and Quest Resource Holding Corp (QRHC). Click either name above to swap in a different company.

Quest Resource Holding Corp is the larger business by last-quarter revenue ($58.9M vs $36.6M, roughly 1.6× DIAMOND HILL INVESTMENT GROUP INC). DIAMOND HILL INVESTMENT GROUP INC runs the higher net margin — 25.3% vs -2.8%, a 28.2% gap on every dollar of revenue. On growth, DIAMOND HILL INVESTMENT GROUP INC posted the faster year-over-year revenue change (-6.6% vs -15.8%). Quest Resource Holding Corp produced more free cash flow last quarter ($1.0M vs $-9.1M). Over the past eight quarters, DIAMOND HILL INVESTMENT GROUP INC's revenue compounded faster (0.4% CAGR vs -10.0%).

Diamond Baseball Holdings (DBH) is an American sports ownership and management group that operates over 40 Minor League Baseball (MiLB) teams in the United States and Canada. DBH was established in 2021 by media conglomerate Endeavor and is a subsidiary of the investment firm Silver Lake.

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.

DHIL vs QRHC — Head-to-Head

Bigger by revenue
QRHC
QRHC
1.6× larger
QRHC
$58.9M
$36.6M
DHIL
Growing faster (revenue YoY)
DHIL
DHIL
+9.2% gap
DHIL
-6.6%
-15.8%
QRHC
Higher net margin
DHIL
DHIL
28.2% more per $
DHIL
25.3%
-2.8%
QRHC
More free cash flow
QRHC
QRHC
$10.1M more FCF
QRHC
$1.0M
$-9.1M
DHIL
Faster 2-yr revenue CAGR
DHIL
DHIL
Annualised
DHIL
0.4%
-10.0%
QRHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DHIL
DHIL
QRHC
QRHC
Revenue
$36.6M
$58.9M
Net Profit
$9.3M
$-1.7M
Gross Margin
15.5%
Operating Margin
16.9%
0.9%
Net Margin
25.3%
-2.8%
Revenue YoY
-6.6%
-15.8%
Net Profit YoY
25.3%
82.6%
EPS (diluted)
$3.42
$-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
DHIL
DHIL
QRHC
QRHC
Q4 25
$36.6M
$58.9M
Q3 25
$37.4M
$63.3M
Q2 25
$36.0M
$59.5M
Q1 25
$37.1M
$68.4M
Q4 24
$39.1M
$70.0M
Q3 24
$39.0M
$72.8M
Q2 24
$36.7M
$73.1M
Q1 24
$36.3M
$72.7M
Net Profit
DHIL
DHIL
QRHC
QRHC
Q4 25
$9.3M
$-1.7M
Q3 25
$13.6M
$-1.3M
Q2 25
$15.6M
$-2.0M
Q1 25
$10.4M
$-10.4M
Q4 24
$7.4M
$-9.5M
Q3 24
$14.6M
$-3.4M
Q2 24
$8.1M
$-1.5M
Q1 24
$13.0M
$-655.0K
Gross Margin
DHIL
DHIL
QRHC
QRHC
Q4 25
15.5%
Q3 25
18.1%
Q2 25
18.5%
Q1 25
16.0%
Q4 24
15.3%
Q3 24
16.1%
Q2 24
18.5%
Q1 24
19.3%
Operating Margin
DHIL
DHIL
QRHC
QRHC
Q4 25
16.9%
0.9%
Q3 25
26.0%
1.7%
Q2 25
21.6%
0.6%
Q1 25
35.2%
-11.9%
Q4 24
33.8%
-10.3%
Q3 24
26.2%
-1.3%
Q2 24
33.1%
2.4%
Q1 24
22.9%
2.6%
Net Margin
DHIL
DHIL
QRHC
QRHC
Q4 25
25.3%
-2.8%
Q3 25
36.2%
-2.1%
Q2 25
43.2%
-3.3%
Q1 25
27.9%
-15.2%
Q4 24
18.9%
-13.6%
Q3 24
37.5%
-4.7%
Q2 24
22.2%
-2.1%
Q1 24
35.9%
-0.9%
EPS (diluted)
DHIL
DHIL
QRHC
QRHC
Q4 25
$3.42
$-0.08
Q3 25
$4.99
$-0.06
Q2 25
$5.73
$-0.09
Q1 25
$3.77
$-0.50
Q4 24
$2.76
$-0.47
Q3 24
$5.35
$-0.16
Q2 24
$2.93
$-0.07
Q1 24
$4.62
$-0.03

Balance Sheet & Financial Strength

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

Metric
DHIL
DHIL
QRHC
QRHC
Cash + ST InvestmentsLiquidity on hand
$1.0M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$176.4M
$40.5M
Total Assets
$260.4M
$145.6M
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHIL
DHIL
QRHC
QRHC
Q4 25
$1.0M
Q3 25
$1.1M
Q2 25
$449.0K
Q1 25
$1.4M
Q4 24
$41.6M
$396.0K
Q3 24
$1.1M
Q2 24
$957.5K
Q1 24
$581.1K
Total Debt
DHIL
DHIL
QRHC
QRHC
Q4 25
$64.0M
Q3 25
$65.4M
Q2 25
$69.7M
Q1 25
$74.1M
Q4 24
$76.3M
Q3 24
$71.9M
Q2 24
$70.7M
Q1 24
$68.5M
Stockholders' Equity
DHIL
DHIL
QRHC
QRHC
Q4 25
$176.4M
$40.5M
Q3 25
$180.9M
$42.0M
Q2 25
$171.6M
$42.9M
Q1 25
$168.6M
$44.4M
Q4 24
$162.3M
$54.2M
Q3 24
$166.5M
$62.8M
Q2 24
$156.5M
$65.6M
Q1 24
$158.3M
$66.3M
Total Assets
DHIL
DHIL
QRHC
QRHC
Q4 25
$260.4M
$145.6M
Q3 25
$256.3M
$149.3M
Q2 25
$261.0M
$153.1M
Q1 25
$224.4M
$165.7M
Q4 24
$245.1M
$175.6M
Q3 24
$240.8M
$178.2M
Q2 24
$213.1M
$181.8M
Q1 24
$209.1M
$179.0M
Debt / Equity
DHIL
DHIL
QRHC
QRHC
Q4 25
1.58×
Q3 25
1.56×
Q2 25
1.62×
Q1 25
1.67×
Q4 24
1.41×
Q3 24
1.15×
Q2 24
1.08×
Q1 24
1.03×

Cash Flow & Capital Efficiency

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

Metric
DHIL
DHIL
QRHC
QRHC
Operating Cash FlowLast quarter
$-6.6M
$1.1M
Free Cash FlowOCF − Capex
$-9.1M
$1.0M
FCF MarginFCF / Revenue
-24.8%
1.7%
Capex IntensityCapex / Revenue
6.7%
0.1%
Cash ConversionOCF / Net Profit
-0.71×
TTM Free Cash FlowTrailing 4 quarters
$-34.3M
$9.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHIL
DHIL
QRHC
QRHC
Q4 25
$-6.6M
$1.1M
Q3 25
$-7.7M
$5.7M
Q2 25
$-5.0M
$3.9M
Q1 25
$-10.7M
$-1.1M
Q4 24
$16.6M
$-4.8M
Q3 24
$18.5M
$-475.0K
Q2 24
$19.2M
$808.0K
Q1 24
$-12.3M
$-1.7M
Free Cash Flow
DHIL
DHIL
QRHC
QRHC
Q4 25
$-9.1M
$1.0M
Q3 25
$-8.3M
$5.6M
Q2 25
$-5.7M
$3.9M
Q1 25
$-11.3M
$-1.2M
Q4 24
$15.2M
$-5.2M
Q3 24
$18.3M
$-583.0K
Q2 24
$19.2M
$-1.4M
Q1 24
$-12.4M
$-3.6M
FCF Margin
DHIL
DHIL
QRHC
QRHC
Q4 25
-24.8%
1.7%
Q3 25
-22.2%
8.9%
Q2 25
-15.8%
6.5%
Q1 25
-30.4%
-1.8%
Q4 24
38.9%
-7.4%
Q3 24
46.8%
-0.8%
Q2 24
52.4%
-2.0%
Q1 24
-34.2%
-4.9%
Capex Intensity
DHIL
DHIL
QRHC
QRHC
Q4 25
6.7%
0.1%
Q3 25
1.6%
0.0%
Q2 25
2.0%
0.0%
Q1 25
1.5%
0.2%
Q4 24
3.5%
0.6%
Q3 24
0.7%
0.1%
Q2 24
0.0%
3.1%
Q1 24
0.4%
2.6%
Cash Conversion
DHIL
DHIL
QRHC
QRHC
Q4 25
-0.71×
Q3 25
-0.57×
Q2 25
-0.32×
Q1 25
-1.04×
Q4 24
2.25×
Q3 24
1.26×
Q2 24
2.36×
Q1 24
-0.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHIL
DHIL

Proprietary Funds$26.0M71%
Separately Managed Accounts$5.0M14%
Other Pooled Vehicles$2.8M8%
Administration Revenuenetofrelatedexpense$1.7M5%
Collective Investment Trusts$1.4M4%

QRHC
QRHC

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

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