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Carriage Services CSV Preneed Cemetery Trust Investments — Unrealized Gains

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$14M+119%

Other financials

Income statement

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Revenue$102.9M+0.8%
Gross profit$35.0M-2.5%
Operating income$24.0M-0.2%
Net income$12.3M+4.5%
EPS (diluted)$0.77+4.1%

Balance sheet

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Cash & equivalents$2.6M+82.4%
Total debt$24.7M-9.1%
Total equity$279.4M+18.7%
Total assets$1.4B+7.1%

Cash flow

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Operating cash flow$7.6M-6.6%
CapEx$5.3M+87.2%
Free cash flow$2.2M-57.5%

Valuation

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Market cap$569.34M-23.6%
Enterprise value$591.54M-23.3%
P/E12.8×-1.5×
P/S1.4×-0.5×

Profitability

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Gross margin35.1%+0.1pp
Operating margin21.9%-2.5pp
Net margin10.7%-2.2pp
FCF margin9%-0.1pp

Returns & leverage

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Return on equity17.3%-7.4pp
Debt / equity0.1×0.0×
Current ratio1.5×+0.4×

Where this comes from

Reported directly by Carriage Services in its filing.

Tagged under the XBRL concept us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax.

The source filing: Carriage Services’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001016281-26-000055
Line itemFair Value Hierarchy LevelCostUnrealized GainsUnrealized LossesFair Market Value
Mutual funds:
Equity110,23377(1,203)9,107
Fixed income243,00792(358)42,741
Alternative investments32,552392(157)32,787
Trust securities$116,359$3,363$(3,397)$116,325
Accrued investment income$622$622
Preneed cemetery trust investments$116,947
Market value as a percentage of cost100.0%

Item 1.Financial Statements.

FAQ

What is Carriage Services's preneed cemetery trust investments — unrealized gains?
Carriage Services (CSV) reported preneed cemetery trust investments — unrealized gains of $3.36M in Q2 2026.
How has Carriage Services's preneed cemetery trust investments — unrealized gains changed year-over-year?
Carriage Services's preneed cemetery trust investments — unrealized gains increased by 60.2% year-over-year, from $2.1M to $3.36M.
What is the long-term trend for Carriage Services's preneed cemetery trust investments — unrealized gains?
Over 3 years (2022 to 2025), Carriage Services's preneed cemetery trust investments — unrealized gains has grown at a -25.1% compound annual growth rate (CAGR), from $26.87M to $11.31M.
What does preneed cemetery trust investments — unrealized gains mean?
This reflects the increase in the fair market value of trust investments that have not yet been sold. It indicates the paper appreciation of the portfolio and the potential future liquidity available to the company.

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