CARRIAGE SERVICES INCCSVEarnings & Financial Report
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
Revenue
$103.5M
Gross Profit
$37.3M
Operating Profit
$19.5M
Net Profit
$7.0M
Gross Margin
36.0%
Operating Margin
18.8%
Net Margin
6.7%
YoY Growth
8.4%
EPS
$0.45
Financial Flow
CARRIAGE SERVICES INC Q1 2024 Financial Summary
CARRIAGE SERVICES INC reported revenue of $103.5M (up 8.4% YoY) for Q1 2024, with a net profit of $7.0M (down 21.2% YoY) (6.7% margin). Cost of goods sold was $66.2M, operating expenses totaled $17.8M.
Key Financial Metrics
| Total Revenue | $103.5M |
|---|---|
| Net Profit | $7.0M |
| Gross Margin | 36.0% |
| Operating Margin | 18.8% |
| Report Period | Q1 2024 |
Revenue Breakdown
CARRIAGE SERVICES INC Q1 2024 revenue of $103.5M breaks down across 4 segments, led by Propertyand Merchandise at $45.5M (44.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Propertyand Merchandise | $45.5M | 44.0% |
| Cemetery | $31.7M | 30.6% |
| Cemetery Interment Rights | $18.7M | 18.1% |
| Other Revenue | $8.3M | 8.0% |
CARRIAGE SERVICES INC Revenue by Segment — Quarterly Trend
CARRIAGE SERVICES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Propertyand Merchandise and Cemetery) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Propertyand Merchandise | $47.8M | — | $46.5M | — |
| Cemetery Interment Rights | $24.8M | $26.1M | $23.9M | $20.0M |
| Other Revenue | $10.2M | $9.9M | $9.1M | $8.5M |
CARRIAGE SERVICES INC Annual Revenue by Year
CARRIAGE SERVICES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $417.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $417.4M |
| 2024 | $404.2M |
| 2023 | $382.5M |
| 2022 | $370.2M |
CARRIAGE SERVICES INC Quarterly Revenue & Net Profit History
CARRIAGE SERVICES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $105.5M | +8.0% | $12.3M | 11.6% |
| Q3 2025 | $102.7M | +2.0% | $6.6M | 6.4% |
| Q2 2025 | $102.1M | -0.2% | $11.7M | 11.5% |
| Q1 2025 | $107.1M | +3.5% | $20.9M | 19.5% |
| Q4 2024 | $97.7M | -1.1% | $9.9M | 10.1% |
| Q3 2024 | $100.7M | +11.3% | $9.9M | 9.8% |
| Q2 2024 | $102.3M | +4.8% | $6.3M | 6.1% |
| Q1 2024 | $103.5M | +8.4% | $7.0M | 6.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $103.5M | $102.3M | $100.7M | $97.7M | $107.1M | $102.1M | $102.7M | $105.5M |
| YoY Growth | 8.4% | 4.8% | 11.3% | -1.1% | 3.5% | -0.2% | 2.0% | 8.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.26B | $1.27B | $1.28B | $1.28B | $1.28B | $1.28B | $1.34B | $1.35B |
| Liabilities | $1.08B | $1.08B | $1.08B | $1.07B | $1.05B | $1.04B | $1.10B | $1.09B |
| Equity | $179.6M | $187.9M | $198.1M | $208.6M | $223.1M | $235.4M | $242.1M | $254.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $19.7M | $2.2M | $20.9M | $9.3M | $13.8M | $8.1M | $24.7M | $14.1M |