vs
Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and Franklin BSP Realty Trust, Inc. (FBRT). Click either name above to swap in a different company.
CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $81.1M, roughly 1.3× Franklin BSP Realty Trust, Inc.). Franklin BSP Realty Trust, Inc. runs the higher net margin — 22.7% vs 11.6%, a 11.0% gap on every dollar of revenue. On growth, Franklin BSP Realty Trust, Inc. posted the faster year-over-year revenue change (25.8% vs 8.0%). Over the past eight quarters, Franklin BSP Realty Trust, Inc.'s revenue compounded faster (22.6% CAGR vs 1.0%).
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
Franklin BSP Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on originating, investing in, and managing a diversified portfolio of commercial real estate debt assets, including first mortgage loans, mezzanine financing and other credit-related real estate products. It operates primarily in the U.S. market, targeting consistent risk-adjusted returns and stable income distributions for investors.
CSV vs FBRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $105.5M | $81.1M |
| Net Profit | $12.3M | $18.4M |
| Gross Margin | 34.8% | — |
| Operating Margin | 23.3% | — |
| Net Margin | 11.6% | 22.7% |
| Revenue YoY | 8.0% | 25.8% |
| Net Profit YoY | 24.5% | -39.1% |
| EPS (diluted) | $0.76 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $105.5M | $81.1M | ||
| Q3 25 | $102.7M | $89.5M | ||
| Q2 25 | $102.1M | $49.3M | ||
| Q1 25 | $107.1M | $50.1M | ||
| Q4 24 | $97.7M | $64.5M | ||
| Q3 24 | $100.7M | $54.0M | ||
| Q2 24 | $102.3M | $50.9M | ||
| Q1 24 | $103.5M | $54.0M |
| Q4 25 | $12.3M | $18.4M | ||
| Q3 25 | $6.6M | $17.3M | ||
| Q2 25 | $11.7M | $23.2M | ||
| Q1 25 | $20.9M | $24.1M | ||
| Q4 24 | $9.9M | $30.2M | ||
| Q3 24 | $9.9M | $31.6M | ||
| Q2 24 | $6.3M | $-2.2M | ||
| Q1 24 | $7.0M | $35.9M |
| Q4 25 | 34.8% | — | ||
| Q3 25 | 35.3% | — | ||
| Q2 25 | 35.2% | — | ||
| Q1 25 | 35.3% | — | ||
| Q4 24 | 34.4% | — | ||
| Q3 24 | 35.2% | — | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 36.0% | — |
| Q4 25 | 23.3% | — | ||
| Q3 25 | 17.0% | — | ||
| Q2 25 | 23.5% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 18.8% | — |
| Q4 25 | 11.6% | 22.7% | ||
| Q3 25 | 6.4% | 19.3% | ||
| Q2 25 | 11.5% | 47.1% | ||
| Q1 25 | 19.5% | 48.0% | ||
| Q4 24 | 10.1% | 46.8% | ||
| Q3 24 | 9.8% | 58.5% | ||
| Q2 24 | 6.1% | -4.3% | ||
| Q1 24 | 6.7% | 66.6% |
| Q4 25 | $0.76 | $0.13 | ||
| Q3 25 | $0.41 | $0.12 | ||
| Q2 25 | $0.74 | $0.19 | ||
| Q1 25 | $1.34 | $0.20 | ||
| Q4 24 | $0.62 | $0.28 | ||
| Q3 24 | $0.63 | $0.30 | ||
| Q2 24 | $0.40 | $-0.11 | ||
| Q1 24 | $0.45 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7M | $167.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $254.8M | $1.4B |
| Total Assets | $1.3B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $167.3M | ||
| Q3 25 | $1.2M | $116.7M | ||
| Q2 25 | $1.4M | $414.1M | ||
| Q1 25 | $4.6M | $215.4M | ||
| Q4 24 | $1.2M | $184.4M | ||
| Q3 24 | $1.3M | $346.2M | ||
| Q2 24 | $1.5M | $94.8M | ||
| Q1 24 | $1.7M | $240.0M |
| Q4 25 | $254.8M | $1.4B | ||
| Q3 25 | $242.1M | $1.5B | ||
| Q2 25 | $235.4M | $1.5B | ||
| Q1 25 | $223.1M | $1.5B | ||
| Q4 24 | $208.6M | $1.5B | ||
| Q3 24 | $198.1M | $1.5B | ||
| Q2 24 | $187.9M | $1.5B | ||
| Q1 24 | $179.6M | $1.6B |
| Q4 25 | $1.3B | $6.1B | ||
| Q3 25 | $1.3B | $6.2B | ||
| Q2 25 | $1.3B | $5.6B | ||
| Q1 25 | $1.3B | $5.7B | ||
| Q4 24 | $1.3B | $6.0B | ||
| Q3 24 | $1.3B | $6.3B | ||
| Q2 24 | $1.3B | $6.3B | ||
| Q1 24 | $1.3B | $6.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $14.1M | $291.9M |
| Free Cash FlowOCF − Capex | $6.2M | — |
| FCF MarginFCF / Revenue | 5.9% | — |
| Capex IntensityCapex / Revenue | 7.5% | — |
| Cash ConversionOCF / Net Profit | 1.15× | 15.88× |
| TTM Free Cash FlowTrailing 4 quarters | $40.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.1M | $291.9M | ||
| Q3 25 | $24.7M | $-148.1M | ||
| Q2 25 | $8.1M | $11.8M | ||
| Q1 25 | $13.8M | $116.2M | ||
| Q4 24 | $9.3M | $57.2M | ||
| Q3 24 | $20.9M | $97.4M | ||
| Q2 24 | $2.2M | $1.9M | ||
| Q1 24 | $19.7M | $13.0M |
| Q4 25 | $6.2M | — | ||
| Q3 25 | $18.0M | — | ||
| Q2 25 | $5.2M | — | ||
| Q1 25 | $10.6M | — | ||
| Q4 24 | $4.9M | — | ||
| Q3 24 | $16.2M | — | ||
| Q2 24 | $-1.4M | — | ||
| Q1 24 | $16.2M | — |
| Q4 25 | 5.9% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | -1.4% | — | ||
| Q1 24 | 15.6% | — |
| Q4 25 | 7.5% | — | ||
| Q3 25 | 6.5% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 4.6% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 3.4% | — |
| Q4 25 | 1.15× | 15.88× | ||
| Q3 25 | 3.76× | -8.56× | ||
| Q2 25 | 0.69× | 0.51× | ||
| Q1 25 | 0.66× | 4.83× | ||
| Q4 24 | 0.94× | 1.90× | ||
| Q3 24 | 2.11× | 3.08× | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 2.83× | 0.36× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
FBRT
| New Point Holdings JVLLC | $77.3M | 95% |
| Other | $2.1M | 3% |
| Office Building | $1.7M | 2% |
