vs

Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and FIRST INDUSTRIAL REALTY TRUST INC (FR). Click either name above to swap in a different company.

FIRST INDUSTRIAL REALTY TRUST INC is the larger business by last-quarter revenue ($194.8M vs $105.5M, roughly 1.8× CARRIAGE SERVICES INC). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs 11.6%, a 64.3% gap on every dollar of revenue. On growth, FIRST INDUSTRIAL REALTY TRUST INC posted the faster year-over-year revenue change (10.0% vs 8.0%). Over the past eight quarters, FIRST INDUSTRIAL REALTY TRUST INC's revenue compounded faster (8.9% 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.

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

CSV vs FR — Head-to-Head

Bigger by revenue
FR
FR
1.8× larger
FR
$194.8M
$105.5M
CSV
Growing faster (revenue YoY)
FR
FR
+2.1% gap
FR
10.0%
8.0%
CSV
Higher net margin
FR
FR
64.3% more per $
FR
75.9%
11.6%
CSV
Faster 2-yr revenue CAGR
FR
FR
Annualised
FR
8.9%
1.0%
CSV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CSV
CSV
FR
FR
Revenue
$105.5M
$194.8M
Net Profit
$12.3M
$147.9M
Gross Margin
34.8%
Operating Margin
23.3%
Net Margin
11.6%
75.9%
Revenue YoY
8.0%
10.0%
Net Profit YoY
24.5%
179.7%
EPS (diluted)
$0.76
$1.08

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.

Revenue
CSV
CSV
FR
FR
Q1 26
$194.8M
Q4 25
$105.5M
$188.4M
Q3 25
$102.7M
$181.4M
Q2 25
$102.1M
$180.2M
Q1 25
$107.1M
$177.1M
Q4 24
$97.7M
$175.6M
Q3 24
$100.7M
$167.6M
Q2 24
$102.3M
$164.1M
Net Profit
CSV
CSV
FR
FR
Q1 26
$147.9M
Q4 25
$12.3M
$78.8M
Q3 25
$6.6M
$65.3M
Q2 25
$11.7M
$55.2M
Q1 25
$20.9M
$48.1M
Q4 24
$9.9M
$68.4M
Q3 24
$9.9M
$99.4M
Q2 24
$6.3M
$51.3M
Gross Margin
CSV
CSV
FR
FR
Q1 26
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%
Operating Margin
CSV
CSV
FR
FR
Q1 26
Q4 25
23.3%
34.6%
Q3 25
17.0%
37.0%
Q2 25
23.5%
31.7%
Q1 25
29.5%
31.2%
Q4 24
21.6%
40.1%
Q3 24
22.7%
62.6%
Q2 24
18.0%
31.8%
Net Margin
CSV
CSV
FR
FR
Q1 26
75.9%
Q4 25
11.6%
41.8%
Q3 25
6.4%
36.0%
Q2 25
11.5%
30.6%
Q1 25
19.5%
27.2%
Q4 24
10.1%
39.0%
Q3 24
9.8%
59.3%
Q2 24
6.1%
31.3%
EPS (diluted)
CSV
CSV
FR
FR
Q1 26
$1.08
Q4 25
$0.76
$0.60
Q3 25
$0.41
$0.49
Q2 25
$0.74
$0.42
Q1 25
$1.34
$0.36
Q4 24
$0.62
$0.51
Q3 24
$0.63
$0.75
Q2 24
$0.40
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSV
CSV
FR
FR
Cash + ST InvestmentsLiquidity on hand
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$254.8M
$2.9B
Total Assets
$1.3B
$5.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSV
CSV
FR
FR
Q1 26
Q4 25
$1.7M
$78.0M
Q3 25
$1.2M
$33.5M
Q2 25
$1.4M
$34.9M
Q1 25
$4.6M
$35.7M
Q4 24
$1.2M
$44.5M
Q3 24
$1.3M
$47.1M
Q2 24
$1.5M
$38.5M
Stockholders' Equity
CSV
CSV
FR
FR
Q1 26
$2.9B
Q4 25
$254.8M
$2.7B
Q3 25
$242.1M
$2.7B
Q2 25
$235.4M
$2.6B
Q1 25
$223.1M
$2.7B
Q4 24
$208.6M
$2.7B
Q3 24
$198.1M
$2.6B
Q2 24
$187.9M
$2.6B
Total Assets
CSV
CSV
FR
FR
Q1 26
$5.8B
Q4 25
$1.3B
$5.7B
Q3 25
$1.3B
$5.5B
Q2 25
$1.3B
$5.5B
Q1 25
$1.3B
$5.4B
Q4 24
$1.3B
$5.3B
Q3 24
$1.3B
$5.2B
Q2 24
$1.3B
$5.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSV
CSV
FR
FR
Operating Cash FlowLast quarter
$14.1M
Free Cash FlowOCF − Capex
$6.2M
FCF MarginFCF / Revenue
5.9%
Capex IntensityCapex / Revenue
7.5%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$40.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSV
CSV
FR
FR
Q1 26
Q4 25
$14.1M
$461.3M
Q3 25
$24.7M
$124.6M
Q2 25
$8.1M
$126.1M
Q1 25
$13.8M
$88.6M
Q4 24
$9.3M
$352.5M
Q3 24
$20.9M
$105.5M
Q2 24
$2.2M
$107.7M
Free Cash Flow
CSV
CSV
FR
FR
Q1 26
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
FCF Margin
CSV
CSV
FR
FR
Q1 26
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%
Capex Intensity
CSV
CSV
FR
FR
Q1 26
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%
Cash Conversion
CSV
CSV
FR
FR
Q1 26
Q4 25
1.15×
5.85×
Q3 25
3.76×
1.91×
Q2 25
0.69×
2.28×
Q1 25
0.66×
1.84×
Q4 24
0.94×
5.15×
Q3 24
2.11×
1.06×
Q2 24
0.34×
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSV
CSV

Propertyand Merchandise$47.8M45%
Cemetery Interment Rights$24.8M23%
Merchandise$18.9M18%
Other Revenue$10.2M10%
Other$3.9M4%

FR
FR

Segment breakdown not available.

Related Comparisons