Carriage Financial Statements From 2010 to 2024

CSV Stock  USD 23.57  0.25  1.07%   
Carriage Services financial statements provide useful quarterly and yearly information to potential Carriage Services investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Carriage Services financial statements helps investors assess Carriage Services' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Carriage Services' valuation are summarized below:
Gross Profit
132.5 M
Profit Margin
0.0873
Market Capitalization
359.7 M
Enterprise Value Revenue
2.5367
Revenue
382.5 M
There are over one hundred nineteen available fundamental signals for Carriage Services, which can be analyzed over time and compared to other ratios. All traders should should validate Carriage Services' prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable.

Carriage Services Total Revenue

227.09 Million

Check Carriage Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carriage main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.8 M, Interest Expense of 38.1 M or Selling General Administrative of 21.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.019 or PTB Ratio of 1.39. Carriage financial statements analysis is a perfect complement when working with Carriage Services Valuation or Volatility modules.
  
This module can also supplement Carriage Services' financial leverage analysis and stock options assessment as well as various Carriage Services Technical models . Check out the analysis of Carriage Services Correlation against competitors.
For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.

Carriage Services Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets818.9 M1.3 B895.5 M
Slightly volatile
Short and Long Term Debt Total312 M604.6 M371.6 M
Slightly volatile
Total Current Liabilities36.1 M51.1 M39.2 M
Slightly volatile
Total Stockholder Equity163.1 M173.1 M166.3 M
Slightly volatile
Property Plant And Equipment Net253.8 M418.4 M298.5 M
Slightly volatile
Net Debt308.7 M603.1 M370.3 M
Slightly volatile
Accounts Payable9.1 M11.9 M9.9 M
Pretty Stable
Cash2.4 M1.5 M1.3 M
Very volatile
Non Current Assets Total780.8 M1.2 B861.6 M
Slightly volatile
Non Currrent Assets Other361 K380 K162.6 M
Very volatile
Cash And Short Term Investments1.4 M1.5 M1.2 M
Very volatile
Net Receivables20.1 M27.9 M19.9 M
Slightly volatile
Common Stock Shares Outstanding19 M15.5 M17.5 M
Pretty Stable
Liabilities And Stockholders Equity818.9 M1.3 B895.5 M
Slightly volatile
Non Current Liabilities Total610.7 M1.1 B689.4 M
Slightly volatile
Inventory7.3 M8.3 M7.3 M
Very volatile
Other Current Assets4.9 M3.9 M3.1 M
Pretty Stable
Total Liabilities646.8 M1.1 B728.6 M
Slightly volatile
Property Plant And Equipment Gross584.2 M556.4 M329.7 M
Slightly volatile
Total Current Assets38.1 M41.7 M33.9 M
Slightly volatile
Short Term Debt5.7 M3.8 M6.4 M
Very volatile
Common Stock Total Equity228.9 K303.6 K233 K
Slightly volatile
Other Liabilities303.1 M460.9 M342.4 M
Slightly volatile
Other Assets253.3 M484.1 M287.2 M
Slightly volatile
Long Term Debt304.8 M579.2 M312.3 M
Slightly volatile
Good Will267.3 M423.6 M298.2 M
Slightly volatile
Intangible Assets35.4 M37.3 M43 M
Slightly volatile
Property Plant Equipment233 M439.6 M292.7 M
Slightly volatile
Current Deferred Revenue36.9 M61 M43.8 M
Slightly volatile
Long Term Debt Total715.2 M681.1 M341.2 M
Slightly volatile
Capital Surpluse244.5 M274.6 M225.9 M
Slightly volatile
Capital Lease Obligations26.2 M24.9 M11.1 M
Slightly volatile
Deferred Long Term Liabilities3.5 M3.6 M180.3 M
Slightly volatile
Long Term Investments289.5 M359.5 M269.1 M
Slightly volatile
Non Current Liabilities Other63.6 M84.4 M81.9 M
Slightly volatile
Short and Long Term Debt510.1 K537 K7.1 M
Slightly volatile
Cash And EquivalentsM1.1 MM
Slightly volatile
Net Invested Capital739.2 M752.8 M620.1 M
Slightly volatile
Capital Stock287.6 K266 K260.8 K
Slightly volatile

Carriage Services Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization14.8 M22.5 M15 M
Slightly volatile
Selling General Administrative21.2 M42.1 M26.8 M
Slightly volatile
Total Revenue227.1 M382.5 M256.7 M
Slightly volatile
Gross Profit68 M124.3 M79.7 M
Slightly volatile
Other Operating Expenses185.2 M300.4 M205.3 M
Slightly volatile
Operating Income41.8 M81 M51.2 M
Slightly volatile
EBIT47.4 M83.5 M51.7 M
Slightly volatile
EBITDA62.2 M106.1 M66.7 M
Slightly volatile
Cost Of Revenue159.1 M258.2 M177 M
Slightly volatile
Total Operating Expenses26.1 M42.1 M28.3 M
Slightly volatile
Income Before Tax48.8 M46.4 M29.4 M
Slightly volatile
Net Income Applicable To Common Shares49.4 M47.1 M22.5 M
Slightly volatile
Preferred Stock And Other Adjustments3.4 K3.6 K5.9 K
Slightly volatile
Net Income From Continuing Ops24.5 M30 M21.4 M
Slightly volatile
Discontinued Operations313.6 K352.8 K384.2 K
Slightly volatile
Interest Income25 M29.8 M20.5 M
Slightly volatile
Reconciled Depreciation21.3 M22.1 M17.9 M
Slightly volatile

Carriage Services Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation8.1 M7.7 M4.2 M
Slightly volatile
Begin Period Cash Flow1.1 M1.2 M1.6 M
Slightly volatile
Depreciation14.9 M21.2 M15 M
Slightly volatile
Capital Expenditures18.2 M18 M17.9 M
Slightly volatile
Total Cash From Operating Activities79.4 M75.6 M49.8 M
Slightly volatile
Net Income34.8 M33.1 M21.1 M
Slightly volatile
End Period Cash Flow1.4 M1.5 M4.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.420.96791.4392
Slightly volatile
Dividend Yield0.0190.01810.0103
Slightly volatile
PTB Ratio1.392.13932.3611
Slightly volatile
Days Sales Outstanding39.0526.655531.1024
Slightly volatile
Book Value Per Share7.2511.690910.5224
Pretty Stable
Invested Capital3.543.36882.349
Slightly volatile
Operating Cash Flow Per Share5.365.10643.0563
Slightly volatile
Stock Based Compensation To Revenue0.02110.02010.0153
Slightly volatile
PB Ratio1.392.13932.3611
Slightly volatile
EV To Sales2.092.54452.7891
Slightly volatile
ROIC0.05620.07710.0637
Slightly volatile
Inventory Turnover32.4830.936325.929
Slightly volatile
Net Income Per Share2.372.25721.3294
Slightly volatile
Days Of Inventory On Hand11.2111.798417.3434
Slightly volatile
Payables Turnover12.9421.761819.0828
Pretty Stable
Sales General And Administrative To Revenue0.07090.11010.1017
Pretty Stable
Average Inventory6.4 M7.2 M7.8 M
Slightly volatile
Cash Per Share0.09770.10290.0781
Pretty Stable
POCF Ratio4.654.89787.8379
Very volatile
Payout Ratio0.110.20080.1871
Slightly volatile
Days Payables Outstanding15.9316.772520.5935
Slightly volatile
Income Quality1.582.28322.5718
Very volatile
ROE0.20.19310.1303
Slightly volatile
EV To Operating Cash Flow12.2312.876416.0735
Very volatile
PE Ratio11.6311.080219.7379
Pretty Stable
Return On Tangible Assets0.04240.04040.033
Slightly volatile
Earnings Yield0.09480.09030.0629
Very volatile
Intangibles To Total Assets0.240.35760.3233
Slightly volatile
Net Debt To EBITDA3.45.68645.313
Pretty Stable
Current Ratio1.30.81690.9693
Slightly volatile
Receivables Turnover9.0413.693212.3286
Slightly volatile
Graham Number25.5924.366717.166
Slightly volatile
Shareholders Equity Per Share7.2511.690910.5224
Pretty Stable
Debt To Equity3.543.36882.349
Slightly volatile
Revenue Per Share27.1325.840716.6205
Slightly volatile
Interest Debt Per Share43.9341.83425.337
Slightly volatile
Debt To Assets0.30.45230.3952
Slightly volatile
Enterprise Value Over EBITDA7.149.177110.7572
Pretty Stable
Short Term Coverage Ratios11.2219.674615.5006
Very volatile
Price Earnings Ratio11.6311.080219.7379
Pretty Stable
Operating Cycle68.6138.45449.6691
Slightly volatile
Price Book Value Ratio1.392.13932.3611
Slightly volatile
Days Of Payables Outstanding15.9316.772520.5935
Slightly volatile
Dividend Payout Ratio0.110.20080.1871
Slightly volatile
Price To Operating Cash Flows Ratio4.654.89787.8379
Very volatile
Pretax Profit Margin0.130.12140.1091
Slightly volatile
Ebt Per Ebit0.60.57330.5477
Very volatile
Operating Profit Margin0.140.21170.1942
Pretty Stable
Company Equity Multiplier4.237.44745.3577
Slightly volatile
Long Term Debt To Capitalization0.50.76990.648
Slightly volatile
Total Debt To Capitalization0.50.77110.6525
Slightly volatile
Return On Capital Employed0.04040.06540.0586
Pretty Stable
Debt Equity Ratio3.543.36882.349
Slightly volatile
Ebit Per Revenue0.140.21170.1942
Pretty Stable
Quick Ratio0.850.57680.613
Pretty Stable
Net Income Per E B T0.760.71970.696
Slightly volatile
Cash Ratio0.02830.02980.0342
Slightly volatile
Cash Conversion Cycle33.0921.681427.7697
Slightly volatile
Operating Cash Flow Sales Ratio0.110.19760.1723
Pretty Stable
Days Of Inventory Outstanding11.2111.798417.3434
Slightly volatile
Days Of Sales Outstanding39.0526.655531.1024
Slightly volatile
Cash Flow Coverage Ratios0.0880.12970.1251
Very volatile
Price To Book Ratio1.392.13932.3611
Slightly volatile
Fixed Asset Turnover1.010.91430.8858
Very volatile
Price Cash Flow Ratio4.654.89787.8379
Very volatile
Enterprise Value Multiple7.149.177110.7572
Pretty Stable
Debt Ratio0.30.45230.3952
Slightly volatile
Cash Flow To Debt Ratio0.0880.12970.1251
Very volatile
Price Sales Ratio1.420.96791.4392
Slightly volatile
Return On Assets0.02720.02590.0222
Slightly volatile
Asset Turnover0.220.29680.2834
Pretty Stable
Net Profit Margin0.09170.08730.0766
Slightly volatile
Gross Profit Margin0.240.32490.3086
Pretty Stable
Price Fair Value1.392.13932.3611
Slightly volatile
Return On Equity0.20.19310.1303
Slightly volatile

Carriage Services Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap30.6 M34.5 M37.5 M
Slightly volatile

Carriage Fundamental Market Drivers

Forward Price Earnings10.7296
Cash And Short Term Investments1.5 M

Carriage Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Carriage Services Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Carriage Services income statement, its balance sheet, and the statement of cash flows. Carriage Services investors use historical funamental indicators, such as Carriage Services's revenue or net income, to determine how well the company is positioned to perform in the future. Although Carriage Services investors may use each financial statement separately, they are all related. The changes in Carriage Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carriage Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Carriage Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carriage Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue61 M36.9 M
Total Revenue382.5 M227.1 M
Cost Of Revenue258.2 M159.1 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.11  0.07 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.05)(0.05)
Revenue Per Share 25.84  27.13 
Ebit Per Revenue 0.21  0.14 

Pair Trading with Carriage Services

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carriage Services position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carriage Services will appreciate offsetting losses from the drop in the long position's value.

Moving against Carriage Stock

  0.51WW WW International Buyout TrendPairCorr
The ability to find closely correlated positions to Carriage Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carriage Services when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carriage Services - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carriage Services to buy it.
The correlation of Carriage Services is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carriage Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carriage Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carriage Services can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Carriage Services is a strong investment it is important to analyze Carriage Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carriage Services' future performance. For an informed investment choice regarding Carriage Stock, refer to the following important reports:
Check out the analysis of Carriage Services Correlation against competitors.
For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Carriage Services' price analysis, check to measure Carriage Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carriage Services is operating at the current time. Most of Carriage Services' value examination focuses on studying past and present price action to predict the probability of Carriage Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carriage Services' price. Additionally, you may evaluate how the addition of Carriage Services to your portfolios can decrease your overall portfolio volatility.
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Is Carriage Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carriage Services. If investors know Carriage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carriage Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.408
Dividend Share
0.45
Earnings Share
2.14
Revenue Per Share
25.841
Quarterly Revenue Growth
0.052
The market value of Carriage Services is measured differently than its book value, which is the value of Carriage that is recorded on the company's balance sheet. Investors also form their own opinion of Carriage Services' value that differs from its market value or its book value, called intrinsic value, which is Carriage Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carriage Services' market value can be influenced by many factors that don't directly affect Carriage Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carriage Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carriage Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carriage Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.