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
$107.1M
Gross Profit
$37.8M
Operating Profit
$31.6M
Net Profit
$20.9M
Gross Margin
35.3%
Operating Margin
29.5%
Net Margin
19.5%
YoY Growth
3.5%
EPS
$1.34
Financial Flow
CARRIAGE SERVICES INC Q1 2025 Financial Summary
CARRIAGE SERVICES INC reported revenue of $107.1M (up 3.5% YoY) for Q1 2025, with a net profit of $20.9M (up 200.1% YoY) (19.5% margin). Cost of goods sold was $69.2M, operating expenses totaled $6.3M.
Key Financial Metrics
| Total Revenue | $107.1M |
|---|---|
| Net Profit | $20.9M |
| Gross Margin | 35.3% |
| Operating Margin | 29.5% |
| Report Period | Q1 2025 |
Revenue Breakdown
CARRIAGE SERVICES INC Q1 2025 revenue of $107.1M breaks down across 6 segments, led by Service Revenue at $53.0M (49.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Service Revenue | $53.0M | 49.5% |
| Merchandise | $21.6M | 20.1% |
| Cemetery Interment Rights | $20.0M | 18.7% |
| Other Revenue | $8.5M | 7.9% |
| Other | $2.4M | 2.2% |
| Discontinued Operations Disposed Of By Sale | $1.7M | 1.5% |
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 Service Revenue and Merchandise) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Service Revenue | — | $44.2M | — | $53.0M |
| Merchandise | $18.9M | $18.0M | $18.3M | $21.6M |
| Cemetery Interment Rights | $24.8M | $26.1M | $23.9M | $20.0M |
| Other Revenue | $10.2M | $9.9M | $9.1M | $8.5M |
| Other | $3.9M | $3.2M | $4.3M | $2.4M |
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 |