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Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.

CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $72.0M, roughly 1.5× Globalstar, Inc.). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs -16.1%, a 27.8% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 8.0%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% 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.

Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.

CSV vs GSAT — Head-to-Head

Bigger by revenue
CSV
CSV
1.5× larger
CSV
$105.5M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+9.7% gap
GSAT
17.6%
8.0%
CSV
Higher net margin
CSV
CSV
27.8% more per $
CSV
11.6%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
1.0%
CSV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CSV
CSV
GSAT
GSAT
Revenue
$105.5M
$72.0M
Net Profit
$12.3M
$-11.6M
Gross Margin
34.8%
Operating Margin
23.3%
-0.5%
Net Margin
11.6%
-16.1%
Revenue YoY
8.0%
17.6%
Net Profit YoY
24.5%
76.9%
EPS (diluted)
$0.76
$-0.11

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
GSAT
GSAT
Q4 25
$105.5M
$72.0M
Q3 25
$102.7M
$73.8M
Q2 25
$102.1M
$67.1M
Q1 25
$107.1M
$60.0M
Q4 24
$97.7M
$61.2M
Q3 24
$100.7M
$72.3M
Q2 24
$102.3M
$60.4M
Q1 24
$103.5M
$56.5M
Net Profit
CSV
CSV
GSAT
GSAT
Q4 25
$12.3M
$-11.6M
Q3 25
$6.6M
$1.1M
Q2 25
$11.7M
$19.2M
Q1 25
$20.9M
$-17.3M
Q4 24
$9.9M
$-50.2M
Q3 24
$9.9M
$9.9M
Q2 24
$6.3M
$-9.7M
Q1 24
$7.0M
$-13.2M
Gross Margin
CSV
CSV
GSAT
GSAT
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%
Operating Margin
CSV
CSV
GSAT
GSAT
Q4 25
23.3%
-0.5%
Q3 25
17.0%
13.8%
Q2 25
23.5%
9.2%
Q1 25
29.5%
-14.2%
Q4 24
21.6%
-6.9%
Q3 24
22.7%
13.0%
Q2 24
18.0%
-2.4%
Q1 24
18.8%
-8.3%
Net Margin
CSV
CSV
GSAT
GSAT
Q4 25
11.6%
-16.1%
Q3 25
6.4%
1.5%
Q2 25
11.5%
28.6%
Q1 25
19.5%
-28.9%
Q4 24
10.1%
-82.1%
Q3 24
9.8%
13.7%
Q2 24
6.1%
-16.0%
Q1 24
6.7%
-23.4%
EPS (diluted)
CSV
CSV
GSAT
GSAT
Q4 25
$0.76
$-0.11
Q3 25
$0.41
$-0.01
Q2 25
$0.74
$0.13
Q1 25
$1.34
$-0.16
Q4 24
$0.62
$-0.57
Q3 24
$0.63
$0.00
Q2 24
$0.40
$-0.01
Q1 24
$0.45
$-0.01

Balance Sheet & Financial Strength

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

Metric
CSV
CSV
GSAT
GSAT
Cash + ST InvestmentsLiquidity on hand
$1.7M
$447.5M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$254.8M
$355.7M
Total Assets
$1.3B
$2.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSV
CSV
GSAT
GSAT
Q4 25
$1.7M
$447.5M
Q3 25
$1.2M
$346.3M
Q2 25
$1.4M
$308.2M
Q1 25
$4.6M
$241.4M
Q4 24
$1.2M
$391.2M
Q3 24
$1.3M
$51.9M
Q2 24
$1.5M
$64.3M
Q1 24
$1.7M
$59.3M
Total Debt
CSV
CSV
GSAT
GSAT
Q4 25
$483.8M
Q3 25
$508.6M
Q2 25
$491.5M
Q1 25
$502.7M
Q4 24
$511.4M
Q3 24
$394.4M
Q2 24
$393.1M
Q1 24
$398.7M
Stockholders' Equity
CSV
CSV
GSAT
GSAT
Q4 25
$254.8M
$355.7M
Q3 25
$242.1M
$364.8M
Q2 25
$235.4M
$360.9M
Q1 25
$223.1M
$344.3M
Q4 24
$208.6M
$358.9M
Q3 24
$198.1M
$394.1M
Q2 24
$187.9M
$383.0M
Q1 24
$179.6M
$377.1M
Total Assets
CSV
CSV
GSAT
GSAT
Q4 25
$1.3B
$2.3B
Q3 25
$1.3B
$2.2B
Q2 25
$1.3B
$1.9B
Q1 25
$1.3B
$1.7B
Q4 24
$1.3B
$1.7B
Q3 24
$1.3B
$917.6M
Q2 24
$1.3B
$926.2M
Q1 24
$1.3B
$917.0M
Debt / Equity
CSV
CSV
GSAT
GSAT
Q4 25
1.36×
Q3 25
1.39×
Q2 25
1.36×
Q1 25
1.46×
Q4 24
1.43×
Q3 24
1.00×
Q2 24
1.03×
Q1 24
1.06×

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
GSAT
GSAT
Operating Cash FlowLast quarter
$14.1M
$175.9M
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
GSAT
GSAT
Q4 25
$14.1M
$175.9M
Q3 25
$24.7M
$236.0M
Q2 25
$8.1M
$157.9M
Q1 25
$13.8M
$51.9M
Q4 24
$9.3M
$340.7M
Q3 24
$20.9M
$32.0M
Q2 24
$2.2M
$36.7M
Q1 24
$19.7M
$29.8M
Free Cash Flow
CSV
CSV
GSAT
GSAT
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
FCF Margin
CSV
CSV
GSAT
GSAT
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%
Capex Intensity
CSV
CSV
GSAT
GSAT
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%
Cash Conversion
CSV
CSV
GSAT
GSAT
Q4 25
1.15×
Q3 25
3.76×
216.53×
Q2 25
0.69×
8.22×
Q1 25
0.66×
Q4 24
0.94×
Q3 24
2.11×
3.23×
Q2 24
0.34×
Q1 24
2.83×

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%

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

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