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Carriage Services

CSV

Carriage Services is a leading provider of deathcare services and merchandise in the United States, operating an extensive network of funeral homes and cemeteries.

Market cap
$634.89M-9.6%
Revenue$416.5M+2.1%
Net income$44.1M-6.0%
Free cash flow$40.4M+27.3%
EPS (diluted)$2.77-7.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$108.9M
EPS estimate$0.82

Financials

Q1 2026

Income statement

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Revenue$106.1M-0.9%
Gross profit$38.6M+2.1%
Operating income$25.3M-19.9%
Net income$13.5M-35.5%
EPS (diluted)$0.84-37.3%

Balance sheet

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Cash & equivalents$2.9M-37.4%
Total debt$25.4M-5.1%
Total equity$266.9M+19.7%
Total assets$1.3B+5.7%

Cash flow

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Operating cash flow$14.9M+8.0%
CapEx$3.9M+23.2%
Free cash flow$11.0M+3.5%

Valuation & ratios

Valuation

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Market cap$634.89M-9.6%
Enterprise value$657.4M-11.0%
P/E14.4×+0.8×
P/S1.5×-0.2×

Profitability

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Gross margin35.4%+0.1pp
Operating margin21.9%-1.1pp
Net margin10.6%-0.9pp
FCF margin9.7%+1.9pp

Returns & leverage

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Return on equity18%-5.3pp
Debt / equity0.1×0.0×
Current ratio1.2×+0.2×

Segments

By product

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Services$50.9M-3.9%
Property and merchandise revenue$45.9M+0.7%
Merchandise$24.7M-3.6%
Cemetery interment rights$21.2M+6.1%
Other revenue$9.3M+9.8%

By segment

See full
Cemetery$34.4M+6.0%

Competitors

Profile

Carriage Services is a leading provider of deathcare services and merchandise in the United States, operating an extensive network of funeral homes and cemeteries. The company offers a comprehensive suite of end-of-life solutions including ceremony planning, remains care, and memorialization products. Its value proposition is centered on a decentralized operating model that empowers local managing partners to deliver personalized services on both an at-need and preneed basis.

Competitive position

Carriage Services is one of the two largest publicly held operators in the U.S. deathcare industry, though it competes in a highly fragmented market dominated by independent local operators.

GeographiesUnited States
Customer segmentsB2C, End-of-life planners
Business modelService-based, Retail, Preneed contract backlog, Asset-heavy
SuppliersCasket and urn manufacturers, Monument and marker fabricators, Insurance providers, Financial institutions for trust administration
CustomersBereaved families, Preneed planning individuals
Listed1996
Employees2.6K
CEOCarlos R. Quezada
FilingsSEC EDGAR

Questions, answered.

What is Carriage Services's market cap?
Carriage Services (CSV) has a market capitalization of $634.9M and trades on NYSE.
What is Carriage Services's revenue and profitability?
Carriage Services generated $416.5M in trailing twelve-month revenue with net income of $44.1M, representing a net margin of 10.6%. Gross margin stands at 35.4%, with free cash flow of $40.4M. These figures are based on the Q1 2026 filing.
Who are Carriage Services's competitors?
Carriage Services's key competitors include Service Corporation International, Matthews International Corporation, Security National Financial Co, and others. These companies compete in similar markets and product categories.
What subsidiaries does Carriage Services have?
Carriage Services's subsidiaries include CSV RIA.
Where is Carriage Services headquartered?
Carriage Services is headquartered in United States of America and employs approximately 2,602 people. It has been publicly traded since 1996.