Saturday 17 October 2026 Export CSV’s income statement to Excel — free account

Carriage Services, Inc.

Carriage Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $417.4 million, up 3.28% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 4.00%, free cash flow fell 57.5% and total debt rose 31.4%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three.

36.20 0.07 +0.19%

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Market cap: $573.8M
P/E: 12.7×
Fwd P/E: 10.9×
Dividend yield: 1.24%
F-score: 7/9
Altman Z: 1.21
Beneish M: −2.15
Dividend safety: 75/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 8.44%

Capital & Financial Ratios $m

Market Cap 573.83

Revenue 417.29

Net Income 44.61

Free Cash Flow 37.42

Net Debt 537.19

Current Ratio 1.46

Debt/Equity 1.93

P/E ratio 12.75

Fwd P/E 10.90

P/S ratio 1.36

P/B ratio 2.03

Past 5Y EPS Growth 29.57%

This Y EPS Growth 4.50%

Next Y EPS Growth 8.49%

Next Y revenue growth 3.78%

Next 5Y EPS Growth 7.27%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 27.24%

10-year low 10-year high

P/S against its own 10 years 32.55%

10-year low 10-year high

P/B against its own 10 years 25.29%

10-year low 10-year high

EV/Sales against its own 10 years 27.50%

10-year low 10-year high

EV/FCF against its own 10 years 77.80%

10-year low 10-year high

Dividends

Payout Ratio 0.16

Annual Dividend Rate 0.45

Annual Dividend Yield 1.24%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.45	0.11 0.11 0.11
2025	0.45	0.11 0.11 0.11 0.11
2024	0.45	0.11 0.11 0.11 0.11
2023	0.45	0.11 0.11 0.11 0.11
2022	0.45	0.11 0.11 0.11 0.11
2021	0.41	0.10 0.10 0.10 0.11
2020	0.34	0.08 0.08 0.09 0.10
2019	0.30	0.08 0.08 0.08 0.08
2018	0.30	0.08 0.08 0.08 0.08
2017	0.23	0.05 0.05 0.05 0.08
2016	0.15	0.03 0.03 0.05 0.05

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	2	1	2	3
Receivables	27	30	41	44
Inventory	8	8	8	8
Other	—	1	—	—
	42	45	56	68

	2023	2024	2025	Q'26
Payables	12	15	19	16
ST’ Debt	4	4	4	5
Other	—	0	—	—
	51	58	57	46

Compound Annual Growth %

	10y	5y	3y
Sales	5.58%	4.85%	4.09%
Cash Flow	1.66%	(6.05%)	(0.18%)
Earnings	9.32%	25.93%	7.11%
Book Value	4.92%	1.16%	22.93%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	106	103	—	—	—
’25	107	102	103	105	417
’24	103	102	101	98	404
’23	96	98	90	99	383
’22	98	91	87	94	370
’21	97	88	95	96	376
’20	77	77	84	90	329

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	15	8	—	—	—
’25	14	8	25	14	61
’24	20	2	21	9	52
’23	26	13	23	14	76
’22	16	14	20	11	61
’21	27	15	28	15	84
’20	14	17	37	15	83

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	11	2	—	—	—
’25	11	5	(39)	63	40
’24	16	(1)	16	5	36
’23	21	9	19	9	58
’22	9	8	13	5	35
’21	22	8	25	5	59
’20	11	14	33	10	68

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.84	0.77	—	—	—
’25	1.34	0.74	0.41	0.77	3.25
’24	0.45	0.40	0.63	0.62	2.10
’23	0.57	0.53	0.30	0.75	2.14
’22	1.00	0.69	0.38	0.53	2.63
’21	0.71	(0.33)	0.71	0.77	1.81
’20	(0.23)	0.36	0.31	0.46	0.89

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	19.03	23.15	14.50	15.27	13.54	30.71	22.71	18.06	22.84	35.51	Analyst estimates 2026–2028 Powerpack
	High	29.11	28.96	28.96	28.50	31.99	66.33	65.16	35.99	42.13	49.41
People
People	Employees	2,509	2,659	2,617	2,797	2,718	2,657	2,553	2,602	2,420	2,321
	Revenue/emp, $m	0.10	0.10	0.10	0.10	0.12	0.14	0.14	0.15	0.17	0.18
Income, $m
Income, $m	Revenue	248	258	268	274	329	376	370	383	404	417
	Gross margin, %	32.09	29.75	28.34	29.03	32.15	34.46	32.21	32.49	35.48	35.14
	EBT	32	33	18	22	25	44	57	46	50	70
	EBT margin, %	12.99	12.70	6.82	8.18	7.48	11.79	15.45	12.14	12.39	16.83
	Net income	20	37	12	15	16	33	41	33	33	52
	Depreciation	20	21	22	20	22	22	22	23	25	26
Per share, $
Per share, $	Revenue	15.03	15.70	14.91	15.33	18.43	21.59	24.92	25.84	27.00	27.06
	Earnings	1.18	2.25	0.64	0.81	0.90	1.90	2.78	2.24	2.17	3.29
	Cash flow	3.03	2.75	2.73	2.42	4.64	4.84	4.11	5.11	3.47	3.93
	Capex	(1.13)	(1.00)	(0.75)	(0.81)	(0.85)	(1.43)	(1.76)	(1.22)	(1.08)	(1.34)
	Free cash flow	1.90	1.75	1.97	1.61	3.79	3.41	2.35	3.89	2.40	2.60
	Book value	10.64	12.02	12.33	12.67	13.46	7.35	9.23	11.69	13.93	16.51
	Shares, m	17	16	18	18	18	17	15	15	15	15
Valuation, ×
Valuation, ×	P/E	24.38	11.44	22.14	32.00	34.42	33.22	10.31	11.26	18.36	12.82
	P/S	1.90	1.65	1.04	1.67	1.70	2.98	1.15	0.97	1.48	1.56
	P/B	2.68	2.16	1.26	2.02	2.33	8.76	3.09	2.15	2.86	2.56
	EV/Sales	3.25	3.04	2.40	3.16	3.06	4.46	2.23	2.49	2.81	2.86
	EV/FCF	25.79	27.26	18.16	30.11	14.90	28.25	23.65	16.57	31.68	29.77
Cash, $m
Cash, $m	Operating cash flow	50	45	49	43	83	84	61	76	52	61
	Capex	(19)	(16)	(14)	(14)	(15)	(25)	(26)	(18)	(16)	(21)
	Free cash flow	31	29	35	29	68	59	35	58	36	40
Balance, $m
Balance, $m	Working capital	(11)	(13)	(6)	4	(13)	(21)	(7)	(9)	(14)	(1)
	Total debt	340	360	366	410	450	556	403	583	542	536
	Net debt	337	359	365	410	449	555	402	582	541	535
	Shareholders’ equity	176	198	221	227	241	128	137	173	209	255
Returns, %
Returns, %	ROA	2.28	4.10	1.26	1.41	1.41	2.85	3.49	2.69	2.55	3.87
	ROIC	6.12	5.49	4.48	4.66	5.19	8.57	9.24	6.70	6.82	7.73
	ROE	11.75	19.85	5.53	6.46	6.87	17.97	31.19	21.35	17.04	21.94

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ROL Rollins, Inc.	$16.3B	30.4×	38.7×	+7.91% (above 0%: growing)	+3.45% (above 0%: growing)	−2.08% (below 0%: shrinking)	52.84%	18.67%	Compare
SCI Service Corporation International	$11.0B	21.0×	16.9×	+3.55% (above 0%: growing)	+4.60% (above 0%: growing)	+71.36% (above 0%: growing)	24.79%	20.99%	Compare
ANDG Andersen Group Inc.	$6.7B	—	—	+4.61% (above 0%: growing)	n/m	+517.12% (above 0%: growing)	20.26%	(4.10%)	Compare
HRB H&R Block, Inc.	$5.9B	8.5×	7.1×	+3.05% (above 0%: growing)	+4.55% (above 0%: growing)	−1.99% (below 0%: shrinking)	51.91%	32.91%	Compare
FTDR Frontdoor Inc.	$5.4B	20.5×	16.4×	+4.54% (above 0%: growing)	+19.21% (above 0%: growing)	0.00%	58.60%	29.46%	Compare
BFAM Bright Horizons Family Solutions Inc.	$3.4B	22.3×	13.8×	+6.51% (above 0%: growing)	−17.71% (below 0%: shrinking)	−34.04% (below 0%: shrinking)	24.25%	10.24%	Compare
CSV Carriage Services, Inc.	$573.8M	12.7×	10.9×	+0.79% (above 0%: growing)	+4.00% (above 0%: growing)	−57.53% (below 0%: shrinking)	34.04%	23.27%
MED MEDIFAST INC	$134.8M	— (loss-making)	— (loss-making)	−27.64% (below 0%: shrinking)	n/m	+115.31% (above 0%: growing)	69.90%	(5.66%)	Compare
RGS Regis Corporation	$73.0M	10.5×	— (loss-making)	−7.28% (below 0%: shrinking)	−96.38% (below 0%: shrinking)	−42.31% (below 0%: shrinking)	100.00%	11.81%	Compare
Median of peers	$5.7B	20.8×	16.4×	+4.05%	+4.00%	−0.99%	52.37%	15.24%

All 15 Personal Services stocks →

Carriage Services, Inc. (CSV) key facts

Strength: Carriage Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $417.4 million, up 3.28% from fiscal 2024.
Strength: Net income was $51.5 million, or $3.29 per share (basic), a net margin of 12.2%.
Carriage Services, Inc. (CSV) is a Personal Services company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, CSV traded at $36.20, a market capitalization of $573.8 million.
At that price the stock trades at 12.7× trailing-twelve-month earnings and 1.4× sales; its P/E is higher than 27% of its own readings over the past ten years.
Carriage Services, Inc. pays an annual dividend of $0.45 per share, a yield of 1.24%, with a payout ratio of 16.1%.
Return on equity was 21.9% and debt-to-equity 1.93.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.21 (distress zone) for fiscal 2025.