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Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $105.5M, roughly 1.5× CARRIAGE SERVICES INC). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs 4.7%, a 6.9% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 8.0%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% 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.
Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.
CSV vs IIIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $105.5M | $159.9M |
| Net Profit | $12.3M | $7.6M |
| Gross Margin | 34.8% | 11.3% |
| Operating Margin | 23.3% | 6.0% |
| Net Margin | 11.6% | 4.7% |
| Revenue YoY | 8.0% | 23.3% |
| Net Profit YoY | 24.5% | 602.4% |
| EPS (diluted) | $0.76 | $0.39 |
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 | $159.9M | ||
| Q3 25 | $102.7M | $177.4M | ||
| Q2 25 | $102.1M | $179.9M | ||
| Q1 25 | $107.1M | $160.7M | ||
| Q4 24 | $97.7M | $129.7M | ||
| Q3 24 | $100.7M | $134.3M | ||
| Q2 24 | $102.3M | $145.8M | ||
| Q1 24 | $103.5M | $127.4M |
| Q4 25 | $12.3M | $7.6M | ||
| Q3 25 | $6.6M | $14.6M | ||
| Q2 25 | $11.7M | $15.2M | ||
| Q1 25 | $20.9M | $10.2M | ||
| Q4 24 | $9.9M | $1.1M | ||
| Q3 24 | $9.9M | $4.7M | ||
| Q2 24 | $6.3M | $6.6M | ||
| Q1 24 | $7.0M | $6.9M |
| Q4 25 | 34.8% | 11.3% | ||
| Q3 25 | 35.3% | 16.1% | ||
| Q2 25 | 35.2% | 17.1% | ||
| Q1 25 | 35.3% | 15.3% | ||
| Q4 24 | 34.4% | 7.3% | ||
| Q3 24 | 35.2% | 9.1% | ||
| Q2 24 | 36.2% | 10.6% | ||
| Q1 24 | 36.0% | 12.3% |
| Q4 25 | 23.3% | 6.0% | ||
| Q3 25 | 17.0% | 10.8% | ||
| Q2 25 | 23.5% | 11.0% | ||
| Q1 25 | 29.5% | 8.3% | ||
| Q4 24 | 21.6% | 1.1% | ||
| Q3 24 | 22.7% | 4.5% | ||
| Q2 24 | 18.0% | 6.0% | ||
| Q1 24 | 18.8% | 7.0% |
| Q4 25 | 11.6% | 4.7% | ||
| Q3 25 | 6.4% | 8.2% | ||
| Q2 25 | 11.5% | 8.4% | ||
| Q1 25 | 19.5% | 6.4% | ||
| Q4 24 | 10.1% | 0.8% | ||
| Q3 24 | 9.8% | 3.5% | ||
| Q2 24 | 6.1% | 4.5% | ||
| Q1 24 | 6.7% | 5.4% |
| Q4 25 | $0.76 | $0.39 | ||
| Q3 25 | $0.41 | $0.74 | ||
| Q2 25 | $0.74 | $0.78 | ||
| Q1 25 | $1.34 | $0.52 | ||
| Q4 24 | $0.62 | $0.06 | ||
| Q3 24 | $0.63 | $0.24 | ||
| Q2 24 | $0.40 | $0.34 | ||
| 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 | $15.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $254.8M | $358.8M |
| Total Assets | $1.3B | $456.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $15.6M | ||
| Q3 25 | $1.2M | $38.6M | ||
| Q2 25 | $1.4M | $53.7M | ||
| Q1 25 | $4.6M | $28.4M | ||
| Q4 24 | $1.2M | $36.0M | ||
| Q3 24 | $1.3M | $111.5M | ||
| Q2 24 | $1.5M | $97.7M | ||
| Q1 24 | $1.7M | $83.9M |
| Q4 25 | $254.8M | $358.8M | ||
| Q3 25 | $242.1M | $371.5M | ||
| Q2 25 | $235.4M | $356.2M | ||
| Q1 25 | $223.1M | $341.4M | ||
| Q4 24 | $208.6M | $331.6M | ||
| Q3 24 | $198.1M | $350.9M | ||
| Q2 24 | $187.9M | $346.0M | ||
| Q1 24 | $179.6M | $340.6M |
| Q4 25 | $1.3B | $456.1M | ||
| Q3 25 | $1.3B | $462.6M | ||
| Q2 25 | $1.3B | $471.9M | ||
| Q1 25 | $1.3B | $421.9M | ||
| Q4 24 | $1.3B | $404.7M | ||
| Q3 24 | $1.3B | $422.6M | ||
| Q2 24 | $1.3B | $414.6M | ||
| Q1 24 | $1.3B | $397.2M |
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 | $-701.0K |
| Free Cash FlowOCF − Capex | $6.2M | $-2.2M |
| FCF MarginFCF / Revenue | 5.9% | -1.4% |
| Capex IntensityCapex / Revenue | 7.5% | 0.9% |
| Cash ConversionOCF / Net Profit | 1.15× | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | $40.1M | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.1M | $-701.0K | ||
| Q3 25 | $24.7M | $-17.0M | ||
| Q2 25 | $8.1M | $28.5M | ||
| Q1 25 | $13.8M | $-3.3M | ||
| Q4 24 | $9.3M | $19.0M | ||
| Q3 24 | $20.9M | $16.2M | ||
| Q2 24 | $2.2M | $18.8M | ||
| Q1 24 | $19.7M | $1.4M |
| Q4 25 | $6.2M | $-2.2M | ||
| Q3 25 | $18.0M | $-18.7M | ||
| Q2 25 | $5.2M | $26.9M | ||
| Q1 25 | $10.6M | $-5.5M | ||
| Q4 24 | $4.9M | $16.3M | ||
| Q3 24 | $16.2M | $14.5M | ||
| Q2 24 | $-1.4M | $15.5M | ||
| Q1 24 | $16.2M | $-580.0K |
| Q4 25 | 5.9% | -1.4% | ||
| Q3 25 | 17.5% | -10.6% | ||
| Q2 25 | 5.1% | 15.0% | ||
| Q1 25 | 9.9% | -3.5% | ||
| Q4 24 | 5.0% | 12.6% | ||
| Q3 24 | 16.1% | 10.8% | ||
| Q2 24 | -1.4% | 10.7% | ||
| Q1 24 | 15.6% | -0.5% |
| Q4 25 | 7.5% | 0.9% | ||
| Q3 25 | 6.5% | 1.0% | ||
| Q2 25 | 2.8% | 0.9% | ||
| Q1 25 | 3.0% | 1.4% | ||
| Q4 24 | 4.5% | 2.1% | ||
| Q3 24 | 4.6% | 1.3% | ||
| Q2 24 | 3.5% | 2.2% | ||
| Q1 24 | 3.4% | 1.5% |
| Q4 25 | 1.15× | -0.09× | ||
| Q3 25 | 3.76× | -1.17× | ||
| Q2 25 | 0.69× | 1.88× | ||
| Q1 25 | 0.66× | -0.32× | ||
| Q4 24 | 0.94× | 17.56× | ||
| Q3 24 | 2.11× | 3.48× | ||
| Q2 24 | 0.34× | 2.86× | ||
| Q1 24 | 2.83× | 0.20× |
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% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
