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

Ramaco Resources, Inc. is the larger business by last-quarter revenue ($121.0M vs $105.5M, roughly 1.1× CARRIAGE SERVICES INC). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs -11.0%, a 22.6% gap on every dollar of revenue. On growth, CARRIAGE SERVICES INC posted the faster year-over-year revenue change (8.0% vs -27.7%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $-17.5M). Over the past eight quarters, CARRIAGE SERVICES INC's revenue compounded faster (1.0% CAGR vs -22.7%).

Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.

Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.

CSV vs METC — Head-to-Head

Bigger by revenue
METC
METC
1.1× larger
METC
$121.0M
$105.5M
CSV
Growing faster (revenue YoY)
CSV
CSV
+35.7% gap
CSV
8.0%
-27.7%
METC
Higher net margin
CSV
CSV
22.6% more per $
CSV
11.6%
-11.0%
METC
More free cash flow
CSV
CSV
$23.8M more FCF
CSV
$6.2M
$-17.5M
METC
Faster 2-yr revenue CAGR
CSV
CSV
Annualised
CSV
1.0%
-22.7%
METC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CSV
CSV
METC
METC
Revenue
$105.5M
$121.0M
Net Profit
$12.3M
$-13.3M
Gross Margin
34.8%
15.8%
Operating Margin
23.3%
-12.0%
Net Margin
11.6%
-11.0%
Revenue YoY
8.0%
-27.7%
Net Profit YoY
24.5%
-5468.2%
EPS (diluted)
$0.76

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
METC
METC
Q4 25
$105.5M
Q3 25
$102.7M
$121.0M
Q2 25
$102.1M
$153.0M
Q1 25
$107.1M
$134.7M
Q4 24
$97.7M
$170.9M
Q3 24
$100.7M
$167.4M
Q2 24
$102.3M
$155.3M
Q1 24
$103.5M
$172.7M
Net Profit
CSV
CSV
METC
METC
Q4 25
$12.3M
Q3 25
$6.6M
$-13.3M
Q2 25
$11.7M
$-14.0M
Q1 25
$20.9M
$-9.5M
Q4 24
$9.9M
$3.9M
Q3 24
$9.9M
$-239.0K
Q2 24
$6.3M
$5.5M
Q1 24
$7.0M
$2.0M
Gross Margin
CSV
CSV
METC
METC
Q4 25
34.8%
Q3 25
35.3%
15.8%
Q2 25
35.2%
12.3%
Q1 25
35.3%
15.2%
Q4 24
34.4%
20.4%
Q3 24
35.2%
19.5%
Q2 24
36.2%
21.0%
Q1 24
36.0%
19.1%
Operating Margin
CSV
CSV
METC
METC
Q4 25
23.3%
Q3 25
17.0%
-12.0%
Q2 25
23.5%
-9.1%
Q1 25
29.5%
-8.9%
Q4 24
21.6%
3.7%
Q3 24
22.7%
1.0%
Q2 24
18.0%
3.5%
Q1 24
18.8%
1.9%
Net Margin
CSV
CSV
METC
METC
Q4 25
11.6%
Q3 25
6.4%
-11.0%
Q2 25
11.5%
-9.1%
Q1 25
19.5%
-7.0%
Q4 24
10.1%
2.3%
Q3 24
9.8%
-0.1%
Q2 24
6.1%
3.6%
Q1 24
6.7%
1.2%
EPS (diluted)
CSV
CSV
METC
METC
Q4 25
$0.76
Q3 25
$0.41
Q2 25
$0.74
Q1 25
$1.34
Q4 24
$0.62
$0.06
Q3 24
$0.63
$-0.03
Q2 24
$0.40
$0.08
Q1 24
$0.45
$0.00

Balance Sheet & Financial Strength

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

Metric
CSV
CSV
METC
METC
Cash + ST InvestmentsLiquidity on hand
$1.7M
$193.8M
Total DebtLower is stronger
$116.3M
Stockholders' EquityBook value
$254.8M
$526.9M
Total Assets
$1.3B
$849.7M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSV
CSV
METC
METC
Q4 25
$1.7M
Q3 25
$1.2M
$193.8M
Q2 25
$1.4M
$28.1M
Q1 25
$4.6M
$43.5M
Q4 24
$1.2M
$33.0M
Q3 24
$1.3M
$22.9M
Q2 24
$1.5M
$27.6M
Q1 24
$1.7M
$30.5M
Total Debt
CSV
CSV
METC
METC
Q4 25
Q3 25
$116.3M
Q2 25
Q1 25
Q4 24
$88.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CSV
CSV
METC
METC
Q4 25
$254.8M
Q3 25
$242.1M
$526.9M
Q2 25
$235.4M
$347.4M
Q1 25
$223.1M
$355.2M
Q4 24
$208.6M
$362.8M
Q3 24
$198.1M
$361.8M
Q2 24
$187.9M
$366.1M
Q1 24
$179.6M
$372.3M
Total Assets
CSV
CSV
METC
METC
Q4 25
$1.3B
Q3 25
$1.3B
$849.7M
Q2 25
$1.3B
$674.6M
Q1 25
$1.3B
$685.7M
Q4 24
$1.3B
$674.7M
Q3 24
$1.3B
$645.4M
Q2 24
$1.3B
$659.2M
Q1 24
$1.3B
$674.0M
Debt / Equity
CSV
CSV
METC
METC
Q4 25
Q3 25
0.22×
Q2 25
Q1 25
Q4 24
0.24×
Q3 24
Q2 24
Q1 24

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
METC
METC
Operating Cash FlowLast quarter
$14.1M
$-1.4M
Free Cash FlowOCF − Capex
$6.2M
$-17.5M
FCF MarginFCF / Revenue
5.9%
-14.5%
Capex IntensityCapex / Revenue
7.5%
13.3%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$-24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSV
CSV
METC
METC
Q4 25
$14.1M
Q3 25
$24.7M
$-1.4M
Q2 25
$8.1M
$-4.3M
Q1 25
$13.8M
$26.0M
Q4 24
$9.3M
$15.7M
Q3 24
$20.9M
$37.4M
Q2 24
$2.2M
$34.4M
Q1 24
$19.7M
$25.2M
Free Cash Flow
CSV
CSV
METC
METC
Q4 25
$6.2M
Q3 25
$18.0M
$-17.5M
Q2 25
$5.2M
$-19.8M
Q1 25
$10.6M
$7.6M
Q4 24
$4.9M
$5.1M
Q3 24
$16.2M
$25.6M
Q2 24
$-1.4M
$20.3M
Q1 24
$16.2M
$6.5M
FCF Margin
CSV
CSV
METC
METC
Q4 25
5.9%
Q3 25
17.5%
-14.5%
Q2 25
5.1%
-13.0%
Q1 25
9.9%
5.6%
Q4 24
5.0%
3.0%
Q3 24
16.1%
15.3%
Q2 24
-1.4%
13.1%
Q1 24
15.6%
3.7%
Capex Intensity
CSV
CSV
METC
METC
Q4 25
7.5%
Q3 25
6.5%
13.3%
Q2 25
2.8%
10.2%
Q1 25
3.0%
13.7%
Q4 24
4.5%
6.2%
Q3 24
4.6%
7.0%
Q2 24
3.5%
9.1%
Q1 24
3.4%
10.8%
Cash Conversion
CSV
CSV
METC
METC
Q4 25
1.15×
Q3 25
3.76×
Q2 25
0.69×
Q1 25
0.66×
Q4 24
0.94×
4.06×
Q3 24
2.11×
Q2 24
0.34×
6.21×
Q1 24
2.83×
12.40×

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%

METC
METC

Export Coal Revenues$73.0M60%
Domestic Coal Revenues$48.0M40%

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