Carriage Services Inc income statement
In fiscal 2025, Carriage Services Inc reported revenue of $417m, up 3.3% on the year before, operating income of $97.7m (a 23.4% margin) and net income of $51.5m, or $3.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 178 | 182 | 184 | 198 | 213 | 226 | 243 | 248 | 258 | 268 | 274 | 329 | 376 | 370 | 383 | 404 | 417 | 417 |
| Cost of revenue | 132 | 134 | 133 | 137 | 149 | 156 | 165 | 169 | 181 | 192 | 195 | 224 | 246 | 251 | 258 | 261 | 271 | 271 |
| Gross profit | 46 | 47 | 51 | 61 | 64 | 70 | 78 | 80 | 77 | 76 | 80 | 106 | 130 | 119 | 124 | 143 | 147 | 147 |
| General and administrative | 14 | 15 | 22 | 24 | 26 | 29 | 27 | 28 | 26 | 31 | 26 | 27 | 35 | 37 | 42 | 59 | 49 | 49 |
| Operating income | 30 | 31 | 28 | 36 | 37 | 40 | 49 | 50 | 49 | 42 | 47 | 57 | 94 | 80 | 81 | 82 | 98 | 91 |
| Interest expense | 18 | 18 | 18 | 17 | 13 | 10 | 11 | 12 | 13 | 21 | 26 | 33 | 25 | 26 | 36 | 32 | 28 | 28 |
| Income before tax | 12 | 13 | 11 | 17 | 24 | 23 | 35 | 32 | 33 | 18 | 22 | 25 | 44 | 57 | 46 | 50 | 70 | 63 |
| Income tax | 5 | 5 | 5 | 7 | 9 | 9 | 14 | 13 | 13 | 6 | 7 | 8 | 12 | 16 | 13 | 17 | 19 | — |
| Net income | 7 | 8 | 7 | 11 | 19 | 16 | 21 | 20 | 37 | 12 | 15 | 16 | 33 | 41 | 33 | 33 | 52 | 45 |
| Diluted EPS | $0.40 | $0.45 | $0.38 | $0.63 | $1.00 | $0.85 | $1.12 | $1.12 | $2.09 | $0.63 | $0.80 | $0.89 | $1.81 | $2.63 | $2.14 | $2.10 | $3.25 | $2.83 |
| Diluted shares (average) | 18m | 18m | 18m | 18m | 22m | 18m | 18m | 17m | 18m | 18m | 18m | 18m | 18m | 16m | 15m | 15m | 16m | 16m |
| EBITDA | 40 | 41 | 38 | 46 | 49 | 52 | 62 | 66 | 65 | 60 | 65 | 77 | 114 | 100 | 102 | 105 | 122 | 110 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 101 | 98 | 107 | 102 | 103 | 105 | 106 | 103 |
| Cost of revenue | 65 | 64 | 69 | 66 | 66 | 69 | 67 | 68 |
| Gross profit | 35 | 34 | 38 | 36 | 36 | 37 | 39 | 35 |
| General and administrative | 12 | 12 | 12 | 12 | 12 | 12 | 13 | 11 |
| Operating income | 23 | 21 | 32 | 24 | 18 | 25 | 25 | 24 |
| Interest expense | 8 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Income before tax | 15 | 14 | 26 | 17 | 10 | 17 | 18 | 17 |
| Income tax | 5 | 5 | 8 | 5 | 3 | 2 | — | — |
| Net income | 10 | 10 | 21 | 12 | 7 | 12 | 13 | 12 |
| Diluted EPS | $0.63 | $0.62 | $1.34 | $0.74 | $0.41 | $0.78 | $0.84 | $0.77 |
| EBITDA | 26 | 27 | 37 | 27 | 21 | 31 | 31 | 27 |
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