CSV · Carriage Services Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $417.44M | $404.20M | $382.52M | $370.17M | $375.89M | $329.45M |
| Cost of Revenue | $270.76M | $260.81M | $258.23M | $250.95M | $246.37M | $223.53M |
| Gross Profit | $146.68M | $143.39M | $124.30M | $119.23M | $129.52M | $105.92M |
| R&D | - | - | - | - | - | - |
| SG&A | $48.65M | $59.01M | $42.13M | $37.47M | $33.95M | $25.83M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $24.51M | $22.89M | $21.12M | $19.80M | $20.52M | $19.39M |
| Operating Income | $97.66M | $81.80M | $80.98M | $79.73M | $93.66M | $57.23M |
| Interest Expense | $28.36M | $32.08M | $36.27M | $25.89M | $25.45M | $32.52M |
| Income Tax | $18.76M | $16.08M | $13.19M | $16.24M | $12.32M | $7.99M |
| Net Income | $51.51M | $32.95M | $33.41M | $41.38M | $33.16M | $16.09M |
| EPS - Basic | $3.29 | $2.17 | $2.24 | $2.78 | $1.90 | $0.90 |
| EPS - Diluted | $3.25 | $2.10 | $2.14 | $2.63 | $1.81 | $0.89 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.69M | $1.17M | $1.52M | $1.17M | $1.15M | $889.0K |
| Accounts Receivable | $40.65M | $30.19M | $27.06M | $24.46M | $25.31M | $25.10M |
| Inventory | $7.76M | $7.92M | $8.35M | $7.61M | $7.35M | $7.26M |
| Accounts Payable | $19.00M | $15.43M | $11.87M | $11.68M | $14.21M | $11.26M |
| Current Assets | $56.08M | $44.54M | $41.72M | $37.97M | $40.21M | $35.33M |
| Total Assets | $1.35B | $1.28B | $1.27B | $1.19B | $1.18B | $1.15B |
| Current Liabilities | $57.22M | $58.04M | $51.07M | $45.47M | $60.79M | $48.37M |
| Long-term Debt | $5.58M | $4.89M | $5.46M | $3.44M | $3.98M | $4.48M |
| Total Liabilities | $1.09B | $1.07B | $1.09B | $1.06B | $1.05B | $905.32M |
| Stockholders' Equity | $254.78M | $208.55M | $173.06M | $137.13M | $128.01M | $240.50M |
| Retained Earnings | $294.72M | $243.21M | $210.26M | $176.84M | $135.46M | $102.30M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $60.69M | $52.00M | $75.59M | $61.02M | $84.25M | $82.92M |
| Investing Cash Flow | ($35.17M) | ($3.64M) | ($57.00M) | ($52.49M) | ($12.54M) | ($34.42M) |
| Financing Cash Flow | ($25.00M) | ($48.72M) | ($18.23M) | ($8.51M) | ($71.45M) | ($48.32M) |
| CapEx | $20.63M | $16.10M | $18.04M | $26.08M | $24.88M | $15.20M |
| Free Cash Flow | $40.06M | $35.90M | $57.55M | $34.94M | $59.36M | $67.72M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 35.1% | 35.5% | 32.5% | 32.2% | 34.5% | 32.2% |
| Operating margin | 23.4% | 20.2% | 21.2% | 21.5% | 24.9% | 17.4% |
| EBITDA margin | 29.3% | 25.9% | 26.7% | 26.9% | 30.4% | 23.3% |
| Net margin | 12.3% | 8.2% | 8.7% | 11.2% | 8.8% | 4.9% |
| Free cash flow margin | 9.6% | 8.9% | 15.0% | 9.4% | 15.8% | 20.6% |
| FCF / Net income | 0.78 | 1.09 | 1.72 | 0.84 | 1.79 | 4.21 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 11.7% | 14.6% | 11.0% | 10.1% | 9.0% | 7.8% |
| Effective tax rate | 26.7% | 32.8% | 28.3% | 28.2% | 27.1% | 33.2% |
| Return on assets | 3.8% | 2.6% | 2.6% | 3.5% | 2.8% | 1.4% |
| Return on equity | 20.2% | 15.8% | 19.3% | 30.2% | 25.9% | 6.7% |
| Return on invested capital | 27.5% | 25.8% | 32.5% | 40.7% | 51.7% | 15.6% |
| Liquidity | ||||||
| Current ratio | 0.98 | 0.77 | 0.82 | 0.84 | 0.66 | 0.73 |
| Quick ratio | 0.84 | 0.63 | 0.65 | 0.67 | 0.54 | 0.58 |
| Cash ratio | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 |
| Leverage | ||||||
| Debt / Equity | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.02 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | 0.05 | 0.05 | 0.05 | 0.03 | 0.03 | 0.06 |
| Interest coverage | 3.4x | 2.6x | 2.2x | 3.1x | 3.7x | 1.8x |
| Equity multiplier | 5.28 | 6.14 | 7.33 | 8.70 | 9.21 | 4.76 |
| Liabilities / Assets | 0.81 | 0.84 | 0.86 | 0.89 | 0.89 | 0.79 |
| Efficiency | ||||||
| Asset turnover | 0.31 | 0.32 | 0.30 | 0.31 | 0.32 | 0.29 |
| Inventory turnover | 34.88 | 32.93 | 30.94 | 32.96 | 33.54 | 30.79 |
| Days sales outstanding | 36d | 27d | 26d | 24d | 25d | 28d |
| Days inventory outstanding | 10d | 11d | 12d | 11d | 11d | 12d |
| Days payable outstanding | 26d | 22d | 17d | 17d | 21d | 18d |
| Cash conversion cycle | 20d | 17d | 21d | 18d | 14d | 21d |
| Valuation | ||||||
| P / E | 13.0x | 19.0x | 11.7x | 10.5x | 35.6x | 35.2x |
| P / B | 2.6x | 3.0x | 2.2x | 3.2x | 9.2x | 2.4x |
| P / S | 1.6x | 1.5x | 1.0x | 1.2x | 3.1x | 1.7x |
| EV / EBITDA | 5.4x | 5.9x | 3.8x | 4.4x | 10.3x | 7.4x |
| Growth | ||||||
| Revenue growth (YoY) | 3.3% | 5.7% | 3.3% | -1.5% | 14.1% | 20.2% |
| Revenue CAGR (3y) | 4.1% | 2.5% | 5.1% | 10.5% | - | 8.5% |
| Revenue CAGR (5y) | 4.8% | 8.1% | - | 7.5% | 8.7% | 6.3% |
| Gross profit growth (YoY) | 2.3% | 15.4% | 4.3% | -7.9% | 22.3% | 33.1% |
| Operating income growth (YoY) | 19.4% | 1.0% | 1.6% | -14.9% | 63.7% | 9.4% |
| Net income growth (YoY) | 56.3% | -1.4% | -19.3% | 24.8% | 106.1% | 10.7% |
| EPS growth (YoY) | 54.8% | -1.9% | -18.6% | 45.3% | 103.4% | 11.2% |
| EPS CAGR (3y) | 7.3% | 5.1% | 34.0% | 48.7% | - | 12.2% |
| EPS CAGR (5y) | 29.6% | 21.3% | - | 33.1% | 10.1% | -4.5% |
| FCF growth (YoY) | 11.6% | -37.6% | 64.7% | -41.1% | -12.3% | 126.9% |
| FCF CAGR (5y) | -10.0% | 3.8% | - | -0.3% | 12.7% | 27.4% |
| Book value growth (YoY) | 22.2% | 20.5% | 26.2% | 7.1% | -46.8% | 6.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$417.44M totalFuneral Home$269.21M · 64.5%
Cemetery$148.23M · 35.5%
Product / service
$759.96M totalService Revenue$191.28M · 25.2%
Propertyand Merchandise$188.50M · 24.8%
Funeral And Cemetery Services$171.12M · 22.5%
Cemetery Interment Rights$94.75M · 12.5%
Merchandise$76.65M · 10.1%
Other Revenue$37.66M · 5.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.82
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Personal Services
Comparing CARRIAGE SERVICES INC against the 5 most active filers in the same SIC group.
Dividends
$0.45/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 4, 2026 | $0.1130 |
| Feb 2, 2026 | $0.1130 |
| Nov 3, 2025 | $0.1130 |
| Aug 4, 2025 | $0.1130 |
| May 5, 2025 | $0.1130 |
| Feb 3, 2025 | $0.1130 |
| Nov 4, 2024 | $0.1130 |
| Aug 5, 2024 | $0.1130 |
| May 3, 2024 | $0.1130 |
| Feb 2, 2024 | $0.1130 |
| Nov 3, 2023 | $0.1130 |
| Aug 4, 2023 | $0.1130 |
| May 5, 2023 | $0.1130 |
| Feb 3, 2023 | $0.1130 |
| Nov 4, 2022 | $0.1130 |
| Aug 5, 2022 | $0.1130 |
| May 6, 2022 | $0.1130 |
| Feb 4, 2022 | $0.1130 |
| Nov 8, 2021 | $0.1130 |
| Aug 6, 2021 | $0.1000 |
| May 7, 2021 | $0.1000 |
| Feb 5, 2021 | $0.1000 |
| Nov 6, 2020 | $0.1000 |
| Aug 7, 2020 | $0.0880 |