
Carriage Services, Inc.
NYSE•CSV
CEO: Mr. Carlos R. Quezada
Sector: Consumer Cyclical
Industry: Personal Products & Services
Listing Date: 1996-08-09
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise. The Cemetery Operations segment sells interment rights for grave sites, lawn crypts, mausoleum spaces, and niches; related cemetery merchandise, including memorial markers, outer burial containers, and monuments; and interments, inurnments, and installation of cemetery merchandise services. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.
Contact Information
3040 Post Oak Boulevard, Suite 300, Houston, TX, 77056, United States
713-332-8400
Market Cap
$692.15M
P/E (TTM)
12.9
39
Dividend Yield
1.0%
52W High
$49.41
52W Low
$35.51
52W Range
4.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.3 / 9 points
Scoring Range (0-9) 
 8-9: Excellent Value
 6-7: Strong Fundamentals
 4-5: Average Quality
 0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q2 2025 Data
Revenue
$102.15M-0.90% 
4-Quarter Trend
EPS
$0.75+82.93% 
4-Quarter Trend
FCF
$5.24M-477.45% 
4-Quarter Trend
2025 Q2 Earnings Highlights
Key Highlights
Net Income Substantially Increased Net income reached $32.665 M for six months, a significant $19.433 M increase over 2024 results.
Total Revenue Grew Slightly Total revenue was $209.216 M for six months, reflecting a $3.405 M increase compared to prior year.
Strong Operating Cash Flow Cash provided by operating activities totaled $21.877 M for six months, remaining stable versus 2024.
Significant Divestiture Gains Recognized $5.771 M net gain from divestitures and disposals during the first half of 2025.
Risk Factors
Gross Profit Marginally Declined Gross profit decreased $0.478 M to $73.777 M due to increased cost of revenue pressures.
Cemetery Profitability Decreased Cemetery segment adjusted operating profit fell $1.9 M due to higher operating expenses as percentage of revenue.
New Tax Law Evaluation Evaluating potential impact of recently enacted One Big Beautiful Bill Act on utilizing tax attributes.
Inflation and Tariff Uncertainty Continued monitoring of inflationary cost impacts and uncertainty stemming from evolving US tariff policies.
Outlook
Prioritizing Capital Allocation Plan focuses on debt repayment, dividends, internal growth capital expenditures, and strategic growth acquisitions.
Credit Facility Debt Reduction Successfully executed net payments of $24.3 M against the Credit Facility during the first six months.
Funeral Preneed Sales Growth Continued focus on growing preneed funeral sales through strategic partnership with national insurance provider.
Market Share Expansion Focus Continue focusing on expanding market share and cost management despite death rate fluctuations uncertainty.
Peer Comparison
Revenue (TTM)
AXL$5.83B
$4.06B
HOV$3.14B
Gross Margin (Latest Quarter)
HOV96.4%
CARS82.9%
BJRI74.3%
Key Metrics
Symbol  | Market Cap  | P/E (TTM)  | ROE (TTM)  | Debt to Assets  | 
|---|---|---|---|---|
| SABR | $792.97M | -2.2 | 22.8% | 114.0% | 
| AXL | $755.89M | 18.4 | 6.7% | 51.8% | 
| BJRI | $751.34M | 24.1 | 8.2% | 0.0% | 
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+0.5%
Moderate Growth
4Q Net Income CAGR
+6.0%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Reports
All Years
Form 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $102.15M-0.9%|EPS: $0.75+82.9%MeetForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 2, 2025|Revenue: $107.07M+3.1%|EPS: $1.35+193.5%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 28, 2025|Revenue: $404.20M+5.7%|EPS: $2.17-3.1%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 1, 2024|Revenue: $100.69M+11.3%|EPS: $0.65+109.7%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 2, 2024|Revenue: $103.07M+5.5%|EPS: $0.41-25.5%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 3, 2024|Revenue: $103.87M+8.7%|EPS: $0.46-22.0%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 1, 2024|Revenue: $382.52M+3.3%|EPS: $2.24-19.4%BeatForm 10-Q - Q3 2023
Period End: Sep 30, 2023|Filed: Nov 9, 2023|Revenue: $90.49M+3.4%|EPS: $0.31-18.4%Miss