Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Quest Resource Holding Corporation (QRHC) is a U.S.-based environmental services company specializing in outsourced waste, recycling, and sustainability management solutions. The company operates within the environmental services and waste management industries, providing integrated programs that help businesses reduce waste generation, increase recycling rates, and improve overall environmental performance while controlling costs. QRHC’s services are primarily delivered through a managed services model, acting as a single point of coordination between clients and a broad network of third-party service providers.
The company’s primary revenue drivers are long-term service contracts with multi-location commercial customers, particularly in retail, restaurant, grocery, manufacturing, and industrial sectors. QRHC is positioned as a data-driven sustainability partner, leveraging centralized billing, analytics, and vendor management to deliver efficiency and compliance. Founded in 2002, the company evolved from a regional waste services coordinator into a publicly traded platform following its NASDAQ listing, expanding its capabilities through organic growth and targeted acquisitions.
Business Operations
QRHC generates revenue by managing waste, recycling, and sustainability programs on behalf of its clients, charging service and management fees tied to contracted locations and volumes. Its core operations are conducted through its primary operating subsidiary, Quest Resource Management Group, Inc., which coordinates waste hauling, recycling, landfill diversion, and sustainability reporting across client portfolios. The company does not typically own hauling assets, instead relying on a large network of vetted third-party providers.
Operations are primarily domestic within the United States, though some customers have cross-border or international reporting needs supported through centralized program management. QRHC controls proprietary technology platforms for billing consolidation, data analytics, and environmental reporting, which are integral to its value proposition. Public disclosures indicate no material joint ventures; however, the company maintains extensive commercial relationships with national and regional waste service providers.
Strategic Position & Investments
Strategically, QRHC focuses on expanding its managed services footprint among large, multi-location enterprises while deepening service offerings related to recycling optimization, landfill diversion, and sustainability reporting. Growth initiatives include cross-selling environmental services to existing customers, improving technology-enabled analytics, and pursuing selective acquisitions that add scale or specialized capabilities.
Historically, the company has completed acquisitions to expand its customer base and service scope, including the acquisition of Quest Resource Management Group, Inc. as its core operating platform. QRHC has also invested in enhancing its data and reporting capabilities to align with growing corporate ESG and regulatory requirements. Public disclosures reference continued evaluation of emerging sustainability services; however, detailed information on specific emerging technologies or future acquisitions is limited, and data is inconclusive based on available public sources.
Geographic Footprint
Quest Resource Holding Corporation is headquartered in The United States, with its principal executive offices located in Georgia. The company’s operational footprint spans nationwide, serving customers across multiple U.S. regions through a distributed network of service providers coordinated centrally by its management platform.
While QRHC’s direct operations are primarily U.S.-focused, its customer base includes companies with national and, in some cases, international operations. The company’s influence outside the U.S. is largely indirect, supporting sustainability data aggregation and reporting rather than maintaining physical operations or owned assets abroad.
Leadership & Governance
Quest Resource Holding Corporation is led by an executive team with experience in environmental services, operations management, and public company governance. The leadership emphasizes disciplined growth, operational efficiency, and positioning the company as a strategic sustainability partner for enterprise customers. Governance and leadership structure are detailed in SEC filings, including annual and quarterly reports.
Key executives include:
- Ray Hatch – President & Chief Executive Officer
- Data inconclusive based on available public sources regarding the current Chief Financial Officer name as disclosed across recent filings
- Additional senior executives overseeing operations, sales, and sustainability programs are referenced in public disclosures; however, specific titles and names show inconsistencies across available sources, and data is inconclusive based on available public sources