This page shows Carriage Svcs Inc (CSV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Carriage Svcs Inc has an operating margin of 23.4%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 74/100, reflecting efficient cost management and pricing power. This is up from 20.2% the prior year.
Carriage Svcs Inc's revenue grew a modest 3.3% year-over-year to $417.4M. This slow but positive growth earns a score of 39/100.
Carriage Svcs Inc carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Carriage Svcs Inc's current ratio of 0.98 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 14/100, which could limit financial flexibility.
Carriage Svcs Inc has a free cash flow margin of 9.6%, earning a moderate score of 49/100. The company generates positive cash flow after capital investments, but with room for improvement.
Carriage Svcs Inc's ROE of 20.2% shows moderate profitability relative to equity, earning a score of 56/100. This is up from 15.8% the prior year.
Carriage Svcs Inc scores 1.25, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Carriage Svcs Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Carriage Svcs Inc generates $1.18 in operating cash flow ($60.7M OCF vs $51.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Carriage Svcs Inc earns $3.4 in operating income for every $1 of interest expense ($97.7M vs $28.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Carriage Svcs Inc generated $417.4M in revenue in fiscal year 2025. This represents an increase of 3.3% from the prior year.
Carriage Svcs Inc's EBITDA was $122.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.7% from the prior year.
Carriage Svcs Inc reported $51.5M in net income in fiscal year 2025. This represents an increase of 56.3% from the prior year.
Carriage Svcs Inc earned $3.25 per diluted share (EPS) in fiscal year 2025. This represents an increase of 54.8% from the prior year.
Cash & Balance Sheet
Carriage Svcs Inc generated $40.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 11.6% from the prior year.
Carriage Svcs Inc held $1.7M in cash against $5.6M in long-term debt as of fiscal year 2025.
Carriage Svcs Inc paid $0.45 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Carriage Svcs Inc had 16M shares outstanding in fiscal year 2025. This represents an increase of 3.3% from the prior year.
Margins & Returns
Carriage Svcs Inc's gross margin was 35.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the prior year.
Carriage Svcs Inc's operating margin was 23.4% in fiscal year 2025, reflecting core business profitability. This is up 3.1 percentage points from the prior year.
Carriage Svcs Inc's net profit margin was 12.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.2 percentage points from the prior year.
Carriage Svcs Inc's ROE was 20.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.4 percentage points from the prior year.
Capital Allocation
Carriage Svcs Inc invested $20.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 28.1% from the prior year.
CSV Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $105.5M+2.7% | $102.7M+0.6% | $102.1M-4.6% | $107.1M+9.6% | $97.7M-3.0% | $100.7M-1.6% | $102.3M-1.1% | $103.5M |
| Cost of Revenue | $68.8M+3.5% | $66.5M+0.4% | $66.2M-4.4% | $69.2M+8.1% | $64.1M-1.8% | $65.2M-0.2% | $65.3M-1.4% | $66.2M |
| Gross Profit | $36.7M+1.1% | $36.2M+0.9% | $35.9M-5.0% | $37.8M+12.5% | $33.6M-5.2% | $35.5M-4.1% | $37.0M-0.7% | $37.3M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $12.5M+2.5% | $12.2M+2.0% | $11.9M-0.9% | $12.0M+0.7% | $12.0M-2.0% | $12.2M-34.4% | $18.6M+14.5% | $16.2M |
| Operating Income | $24.6M+40.4% | $17.5M-27.0% | $24.0M-24.0% | $31.6M+49.9% | $21.1M-8.0% | $22.9M+24.7% | $18.4M-5.7% | $19.5M |
| Interest Expense | $7.1M+2.0% | $6.9M-1.3% | $7.0M-3.6% | $7.3M+4.2% | $7.0M-12.8% | $8.0M-3.5% | $8.3M-4.5% | $8.7M |
| Income Tax | $1.9M-45.4% | $3.4M-34.8% | $5.3M-35.8% | $8.2M+58.6% | $5.2M+4.8% | $4.9M+40.3% | $3.5M-0.2% | $3.5M |
| Net Income | $12.3M+86.8% | $6.6M-44.0% | $11.7M-43.9% | $20.9M+112.3% | $9.9M-0.1% | $9.9M+57.6% | $6.3M-10.2% | $7.0M |
| EPS (Diluted) | N/A | $0.41-44.6% | $0.74-44.8% | $1.34 | N/A | $0.63+57.5% | $0.40-11.1% | $0.45 |
CSV Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B+0.2% | $1.3B+5.3% | $1.3B0.0% | $1.3B-0.3% | $1.3B+0.3% | $1.3B+0.5% | $1.3B+0.7% | $1.3B |
| Current Assets | $56.1M+10.4% | $50.8M-1.0% | $51.3M+2.9% | $49.9M+12.0% | $44.5M+2.1% | $43.6M+1.1% | $43.1M+6.8% | $40.4M |
| Cash & Equivalents | $1.7M+35.3% | $1.2M-10.7% | $1.4M-69.9% | $4.6M+298.5% | $1.2M-7.5% | $1.3M-16.2% | $1.5M-11.0% | $1.7M |
| Inventory | $7.8M+2.7% | $7.6M-0.3% | $7.6M-3.5% | $7.9M-0.8% | $7.9M-3.8% | $8.2M-0.3% | $8.3M+0.1% | $8.3M |
| Accounts Receivable | $40.6M+8.3% | $37.5M+7.7% | $34.8M+6.9% | $32.6M+7.9% | $30.2M-2.3% | $30.9M+5.2% | $29.4M+10.7% | $26.5M |
| Goodwill | $427.9M-1.3% | $433.5M+5.5% | $410.7M0.0% | $410.7M-1.0% | $414.9M0.0% | $414.9M0.0% | $414.9M0.0% | $414.9M |
| Total Liabilities | $1.1B-0.9% | $1.1B+5.8% | $1.0B-1.1% | $1.1B-1.8% | $1.1B-0.6% | $1.1B-0.4% | $1.1B0.0% | $1.1B |
| Current Liabilities | $57.2M-0.6% | $57.5M+18.7% | $48.5M-7.7% | $52.5M-9.5% | $58.0M-3.5% | $60.2M+18.5% | $50.8M-9.5% | $56.1M |
| Long-Term Debt | $5.6M-8.0% | $6.1M+26.0% | $4.8M-0.8% | $4.9M-0.8% | $4.9M-8.5% | $5.3M-0.7% | $5.4M+0.1% | $5.4M |
| Total Equity | $254.8M+5.2% | $242.1M+2.8% | $235.4M+5.5% | $223.1M+7.0% | $208.6M+5.3% | $198.1M+5.5% | $187.9M+4.6% | $179.6M |
| Retained Earnings | $294.7M+4.3% | $282.4M+2.4% | $275.9M+4.4% | $264.1M+8.6% | $243.2M+4.2% | $233.4M+4.4% | $223.5M+2.9% | $217.2M |
CSV Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.1M-42.8% | $24.7M+205.4% | $8.1M-41.4% | $13.8M+48.6% | $9.3M-55.5% | $20.9M+866.9% | $2.2M-89.1% | $19.7M |
| Capital Expenditures | $7.9M+18.0% | $6.7M+135.6% | $2.8M-10.0% | $3.2M-27.9% | $4.4M-4.9% | $4.6M+30.2% | $3.5M-0.2% | $3.6M |
| Free Cash Flow | $6.2M-65.5% | $18.0M+243.3% | $5.2M-50.7% | $10.6M+117.3% | $4.9M-69.9% | $16.2M+1270.2% | -$1.4M-108.6% | $16.2M |
| Investing Cash Flow | -$3.3M+92.7% | -$44.7M-1566.1% | -$2.7M-117.3% | $15.5M+456.6% | -$4.3M-18.0% | -$3.7M-23.6% | -$3.0M-140.4% | $7.4M |
| Financing Cash Flow | -$10.4M-152.4% | $19.9M+329.9% | -$8.6M+66.5% | -$25.8M-413.2% | -$5.0M+71.1% | -$17.4M-2833.9% | $637K+102.4% | -$26.9M |
| Dividends Paid | $1.8M+0.3% | $1.8M0.0% | $1.8M+2.6% | $1.7M+0.8% | $1.7M+0.1% | $1.7M+0.2% | $1.7M+1.1% | $1.7M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CSV Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.8%-0.5pp | 35.3%+0.1pp | 35.2%-0.2pp | 35.3%+0.9pp | 34.4%-0.8pp | 35.3%-0.9pp | 36.1%+0.2pp | 36.0% |
| Operating Margin | 23.3%+6.3pp | 17.0%-6.5pp | 23.5%-6.0pp | 29.5%+7.9pp | 21.6%-1.2pp | 22.7%+4.8pp | 17.9%-0.9pp | 18.8% |
| Net Margin | 11.6%+5.2pp | 6.4%-5.1pp | 11.5%-8.0pp | 19.5%+9.4pp | 10.1%+0.3pp | 9.8%+3.7pp | 6.1%-0.6pp | 6.7% |
| Return on Equity | 4.8%+2.1pp | 2.7%-2.3pp | 5.0%-4.4pp | 9.4%+4.6pp | 4.7%-0.2pp | 5.0%+1.6pp | 3.3%-0.5pp | 3.9% |
| Return on Assets | 0.9%+0.4pp | 0.5%-0.4pp | 0.9%-0.7pp | 1.6%+0.9pp | 0.8%0.0pp | 0.8%+0.3pp | 0.5%-0.1pp | 0.5% |
| Current Ratio | 0.98+0.1 | 0.88-0.2 | 1.06+0.1 | 0.95+0.2 | 0.77+0.0 | 0.72-0.1 | 0.85+0.1 | 0.72 |
| Debt-to-Equity | 0.020.0 | 0.030.0 | 0.020.0 | 0.020.0 | 0.020.0 | 0.030.0 | 0.030.0 | 0.03 |
| FCF Margin | 5.9%-11.6pp | 17.5%+12.4pp | 5.1%-4.8pp | 9.9%+4.9pp | 5.0%-11.1pp | 16.1%+17.5pp | -1.4%-17.0pp | 15.6% |
Note: The current ratio is below 1.0 (0.98), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is Carriage Svcs Inc's annual revenue?
Carriage Svcs Inc (CSV) reported $417.4M in total revenue for fiscal year 2025. This represents a 3.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Carriage Svcs Inc's revenue growing?
Carriage Svcs Inc (CSV) revenue grew by 3.3% year-over-year, from $404.2M to $417.4M in fiscal year 2025.
Is Carriage Svcs Inc profitable?
Yes, Carriage Svcs Inc (CSV) reported a net income of $51.5M in fiscal year 2025, with a net profit margin of 12.3%.
What is Carriage Svcs Inc's EBITDA?
Carriage Svcs Inc (CSV) had EBITDA of $122.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Carriage Svcs Inc have?
As of fiscal year 2025, Carriage Svcs Inc (CSV) had $1.7M in cash and equivalents against $5.6M in long-term debt.
What is Carriage Svcs Inc's gross margin?
Carriage Svcs Inc (CSV) had a gross margin of 35.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Carriage Svcs Inc's operating margin?
Carriage Svcs Inc (CSV) had an operating margin of 23.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Carriage Svcs Inc's net profit margin?
Carriage Svcs Inc (CSV) had a net profit margin of 12.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Carriage Svcs Inc pay dividends?
Yes, Carriage Svcs Inc (CSV) paid $0.45 per share in dividends during fiscal year 2025.
What is Carriage Svcs Inc's return on equity (ROE)?
Carriage Svcs Inc (CSV) has a return on equity of 20.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Carriage Svcs Inc's free cash flow?
Carriage Svcs Inc (CSV) generated $40.1M in free cash flow during fiscal year 2025. This represents a 11.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Carriage Svcs Inc's operating cash flow?
Carriage Svcs Inc (CSV) generated $60.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Carriage Svcs Inc's total assets?
Carriage Svcs Inc (CSV) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Carriage Svcs Inc's capital expenditures?
Carriage Svcs Inc (CSV) invested $20.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Carriage Svcs Inc's current ratio?
Carriage Svcs Inc (CSV) had a current ratio of 0.98 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Carriage Svcs Inc's debt-to-equity ratio?
Carriage Svcs Inc (CSV) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Carriage Svcs Inc's return on assets (ROA)?
Carriage Svcs Inc (CSV) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Carriage Svcs Inc's Altman Z-Score?
Carriage Svcs Inc (CSV) has an Altman Z-Score of 1.25, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Carriage Svcs Inc's Piotroski F-Score?
Carriage Svcs Inc (CSV) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Carriage Svcs Inc's earnings high quality?
Carriage Svcs Inc (CSV) has an earnings quality ratio of 1.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Carriage Svcs Inc cover its interest payments?
Carriage Svcs Inc (CSV) has an interest coverage ratio of 3.4x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Carriage Svcs Inc?
Carriage Svcs Inc (CSV) scores 55 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.