vs
Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and DORIAN LPG LTD. (LPG). Click either name above to swap in a different company.
DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $105.5M, roughly 1.1× CARRIAGE SERVICES INC). DORIAN LPG LTD. runs the higher net margin — 39.3% vs 11.6%, a 27.7% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 8.0%). Over the past eight quarters, CARRIAGE SERVICES INC's revenue compounded faster (1.0% CAGR vs -7.9%).
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.
CSV vs LPG — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $105.5M | $120.0M |
| Net Profit | $12.3M | $47.2M |
| Gross Margin | 34.8% | — |
| Operating Margin | 23.3% | 42.8% |
| Net Margin | 11.6% | 39.3% |
| Revenue YoY | 8.0% | 48.7% |
| Net Profit YoY | 24.5% | 120.9% |
| EPS (diluted) | $0.76 | $1.11 |
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.
| Q4 25 | $105.5M | $120.0M | ||
| Q3 25 | $102.7M | $124.1M | ||
| Q2 25 | $102.1M | $84.2M | ||
| Q1 25 | $107.1M | $75.9M | ||
| Q4 24 | $97.7M | $80.7M | ||
| Q3 24 | $100.7M | $82.4M | ||
| Q2 24 | $102.3M | $114.4M | ||
| Q1 24 | $103.5M | $141.4M |
| Q4 25 | $12.3M | $47.2M | ||
| Q3 25 | $6.6M | $55.4M | ||
| Q2 25 | $11.7M | $10.1M | ||
| Q1 25 | $20.9M | $8.1M | ||
| Q4 24 | $9.9M | $21.4M | ||
| Q3 24 | $9.9M | $9.4M | ||
| Q2 24 | $6.3M | $51.3M | ||
| Q1 24 | $7.0M | $79.2M |
| 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% | 42.8% | ||
| Q3 25 | 17.0% | 47.8% | ||
| Q2 25 | 23.5% | 18.5% | ||
| Q1 25 | 29.5% | 19.4% | ||
| Q4 24 | 21.6% | 29.0% | ||
| Q3 24 | 22.7% | 23.2% | ||
| Q2 24 | 18.0% | 48.5% | ||
| Q1 24 | 18.8% | 58.3% |
| Q4 25 | 11.6% | 39.3% | ||
| Q3 25 | 6.4% | 44.6% | ||
| Q2 25 | 11.5% | 12.0% | ||
| Q1 25 | 19.5% | 10.7% | ||
| Q4 24 | 10.1% | 26.5% | ||
| Q3 24 | 9.8% | 11.4% | ||
| Q2 24 | 6.1% | 44.9% | ||
| Q1 24 | 6.7% | 56.0% |
| Q4 25 | $0.76 | $1.11 | ||
| Q3 25 | $0.41 | $1.30 | ||
| Q2 25 | $0.74 | $0.24 | ||
| Q1 25 | $1.34 | $0.17 | ||
| Q4 24 | $0.62 | $0.50 | ||
| Q3 24 | $0.63 | $0.22 | ||
| Q2 24 | $0.40 | $1.25 | ||
| Q1 24 | $0.45 | $1.96 |
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 | $294.5M |
| Total DebtLower is stronger | — | $513.2M |
| Stockholders' EquityBook value | $254.8M | $1.1B |
| Total Assets | $1.3B | $1.8B |
| Debt / EquityLower = less leverage | — | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $294.5M | ||
| Q3 25 | $1.2M | $268.3M | ||
| Q2 25 | $1.4M | $277.9M | ||
| Q1 25 | $4.6M | $316.9M | ||
| Q4 24 | $1.2M | $314.5M | ||
| Q3 24 | $1.3M | $348.6M | ||
| Q2 24 | $1.5M | $353.3M | ||
| Q1 24 | $1.7M | $282.5M |
| Q4 25 | — | $513.2M | ||
| Q3 25 | — | $526.4M | ||
| Q2 25 | — | $539.6M | ||
| Q1 25 | — | $553.3M | ||
| Q4 24 | — | $565.9M | ||
| Q3 24 | — | $579.0M | ||
| Q2 24 | — | $592.1M | ||
| Q1 24 | — | $605.1M |
| Q4 25 | $254.8M | $1.1B | ||
| Q3 25 | $242.1M | $1.1B | ||
| Q2 25 | $235.4M | $1.0B | ||
| Q1 25 | $223.1M | $1.0B | ||
| Q4 24 | $208.6M | $1.1B | ||
| Q3 24 | $198.1M | $1.1B | ||
| Q2 24 | $187.9M | $1.1B | ||
| Q1 24 | $179.6M | $1.0B |
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.3B | $1.7B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.3B | $1.9B | ||
| Q2 24 | $1.3B | $1.9B | ||
| Q1 24 | $1.3B | $1.8B |
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.59× |
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 | $80.8M |
| Free Cash FlowOCF − Capex | $6.2M | — |
| FCF MarginFCF / Revenue | 5.9% | — |
| Capex IntensityCapex / Revenue | 7.5% | — |
| Cash ConversionOCF / Net Profit | 1.15× | 1.71× |
| TTM Free Cash FlowTrailing 4 quarters | $40.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.1M | $80.8M | ||
| Q3 25 | $24.7M | $46.4M | ||
| Q2 25 | $8.1M | $814.5K | ||
| Q1 25 | $13.8M | $50.2M | ||
| Q4 24 | $9.3M | $24.3M | ||
| Q3 24 | $20.9M | $57.3M | ||
| Q2 24 | $2.2M | $41.2M | ||
| Q1 24 | $19.7M | $154.2M |
| 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× | 1.71× | ||
| Q3 25 | 3.76× | 0.84× | ||
| Q2 25 | 0.69× | 0.08× | ||
| Q1 25 | 0.66× | 6.20× | ||
| Q4 24 | 0.94× | 1.14× | ||
| Q3 24 | 2.11× | 6.08× | ||
| Q2 24 | 0.34× | 0.80× | ||
| Q1 24 | 2.83× | 1.95× |
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% |
LPG
Segment breakdown not available.