Carriage Services, Inc. logo

Carriage Services, Inc.

CSV

NYSEConsumer CyclicalPersonal Products & Services

Previous close

$34.45

−$0.08 · -0.23%

Aug 21, 4:00 PM ET

CSV company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

81

Deep Value

Momentum

28

Weakening

Sentiment

57

Mixed

Risk resilience

56

Elevated Risk

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Company profile

Company website

Carriage Services, Inc. (CSV) delivers a comprehensive array of funeral and cemetery services, along with associated merchandise, throughout the United States. Its operations are structured into two distinct segments: Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment offers various services, including consultation, the use of funeral home facilities for visitations and memorial services, transportation, and the removal and preparation of remains. This segment also facilitates the sale of burial and cremation services, alongside related products such as caskets and urns. The Cemetery Operations segment provides rights to interment spaces like grave sites, lawn crypts, mausoleum sections, and niches. Furthermore, it supplies complementary cemetery merchandise, including outer burial containers, memorial markers, monuments, and floral arrangements, and performs interments, inurnments, and the installation of these items. As of December 31, 2021, the company oversaw 170 funeral homes located across 26 states and 31 cemeteries in 11 states. Carriage Services, Inc. was established in 1991 and maintains its corporate headquarters in Houston, Texas.

Industry
Personal Products & Services
Sector
Consumer Cyclical
Headquarters
US
CEO
Carlos R. Quezada
Listed since
Aug 9, 1996
Employees
2,321

Market position

Day range

Current $34.45

52-week range

Current $34.45

Open
$34.64
Previous close
$34.53
Volume
90.37K
0.63× average
Average volume
142.47K
Average daily volume
Market cap
546.8M USD
Beta
0.8
Market reference 1
50-day average
$37.8982
-9.10% below average
200-day average
$42.2782
-18.52% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.21B USD
P/E (TTM)
12.09×
P/B (TTM)
1.93×
P/S (TTM)
1.31×
EV / EBITDA
9.76×
Earnings yield
7.89%
Free cash flow yield
-2.91%
Dividend yield
1.31%

Profitability & efficiency

Gross margin
35.11%
Operating margin
23.41%
Net margin
10.67%
Return on equity
20.22%
Return on assets
3.83%
Return on invested capital
5.56%

Financial health

Debt / equity
1.97×
Current ratio
0.98×
Altman Z-score
1.17
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%27%16%5%Gross margin, FY2021: 34.46%Gross margin, FY2022: 32.21%Gross margin, FY2023: 32.49%Gross margin, FY2024: 35.48%Gross margin, FY2025: 35.14%Operating margin, FY2021: 24.92%Operating margin, FY2022: 21.54%Operating margin, FY2023: 21.17%Operating margin, FY2024: 20.24%Operating margin, FY2025: 23.48%Net margin, FY2021: 8.82%Net margin, FY2022: 11.18%Net margin, FY2023: 8.73%Net margin, FY2024: 8.15%Net margin, FY2025: 12.34%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 34.46%. Gross margin FY2022 32.21%. Gross margin FY2023 32.49%. Gross margin FY2024 35.48%. Gross margin FY2025 35.14%. Operating margin FY2021 24.92%. Operating margin FY2022 21.54%. Operating margin FY2023 21.17%. Operating margin FY2024 20.24%. Operating margin FY2025 23.48%. Net margin FY2021 8.82%. Net margin FY2022 11.18%. Net margin FY2023 8.73%. Net margin FY2024 8.15%. Net margin FY2025 12.34%.

Income trends

Revenue

417.44M USD+3.28%

Operating income

98.03M USD+19.84%

Net income

51.51M USD+56.30%
Income trends across reported periods455.89M USD302.09M USD148.3M USD−5.5M USDRevenue, FY2021: 375.89M USDRevenue, FY2022: 370.17M USDRevenue, FY2023: 382.52M USDRevenue, FY2024: 404.2M USDRevenue, FY2025: 417.44M USDOperating income, FY2021: 93.66M USDOperating income, FY2022: 79.73M USDOperating income, FY2023: 80.98M USDOperating income, FY2024: 81.8M USDOperating income, FY2025: 98.03M USDNet income, FY2021: 33.16M USDNet income, FY2022: 41.38M USDNet income, FY2023: 33.41M USDNet income, FY2024: 32.95M USDNet income, FY2025: 51.51M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 375.89M USD. Revenue FY2022 370.17M USD. Revenue FY2023 382.52M USD. Revenue FY2024 404.2M USD. Revenue FY2025 417.44M USD. Operating income FY2021 93.66M USD. Operating income FY2022 79.73M USD. Operating income FY2023 80.98M USD. Operating income FY2024 81.8M USD. Operating income FY2025 98.03M USD. Net income FY2021 33.16M USD. Net income FY2022 41.38M USD. Net income FY2023 33.41M USD. Net income FY2024 32.95M USD. Net income FY2025 51.51M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue417.44M USD404.2M USD382.52M USD370.17M USD375.89M USD
Cost of goods sold270.76M USD260.81M USD258.23M USD250.95M USD246.37M USD
Gross profit146.68M USD143.39M USD124.3M USD119.23M USD129.52M USD
Selling, general, and administrative48.65M USD59.01M USD42.13M USD37.47M USD35.19M USD
Operating expenses48.65M USD61.59M USD43.32M USD39.5M USD35.86M USD
Interest expense28.37M USD32.08M USD36.27M USD25.9M USD25.47M USD
Depreciation and amortization25.71M USD24.25M USD21.25M USD19.95M USD21.81M USD
Operating income98.03M USD81.8M USD80.98M USD79.73M USD93.66M USD
Net income51.51M USD32.95M USD33.41M USD41.38M USD33.16M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
3.25
FY2025 · +54.76% year over year
Latest fiscal-year revenue
417.44M USD
FY2025 · +3.28% year over year
Next fiscal-year EPS consensus
3.39
FY2026 · 5 analysts
Next fiscal-year revenue consensus
435.82M USD
FY2026 · 5 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend3.883.132.371.62FY21FY22FY23FY24FY25FY26FY27

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend475.62M437.28M398.93M360.59MFY21FY22FY23FY24FY25FY26FY27

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$48.00

39.33% upside
Past 12 months12-month forecastHigh $50.00Average $48.00Low $46.00

Recent analyst actions

4 institutions
OppenheimermaintainOutperform
B. Riley SecuritiesmaintainBuy

CSV news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.45

2025 complete year+9.1% since 2021

2026 partial: $0.3375

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 3, 2026

$0.1125

Quarterly

Record Aug 3, 2026 · Payment Sep 1, 2026

Dividend

Ex-dividend May 4, 2026

$0.1125

Quarterly

Record May 4, 2026 · Payment Jun 1, 2026

Dividend

Ex-dividend Feb 2, 2026

$0.1125

Quarterly

Record Feb 2, 2026 · Payment Mar 2, 2026

Dividend

Ex-dividend Nov 3, 2025

$0.1125

Quarterly

Record Nov 3, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Aug 4, 2025

$0.1125

Quarterly

Record Aug 4, 2025 · Payment Sep 2, 2025

Dividend

Ex-dividend May 5, 2025

$0.1125

Quarterly

Record May 5, 2025 · Payment Jun 2, 2025

CSV peers

ETFs holding CSV

Funds reporting this stock among their holdings, ordered by reported position size.

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