vs

Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and PAR TECHNOLOGY CORP (PAR). Click either name above to swap in a different company.

PAR TECHNOLOGY CORP is the larger business by last-quarter revenue ($120.1M vs $105.5M, roughly 1.1× CARRIAGE SERVICES INC). On growth, PAR TECHNOLOGY CORP posted the faster year-over-year revenue change (14.4% vs 8.0%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $-12.5M). Over the past eight quarters, PAR TECHNOLOGY CORP's revenue compounded faster (30.9% 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.

PAR Technology Corp is a global provider of point-of-sale systems, restaurant management software, and integrated tech solutions. Its core segments serve food service, hospitality, and government security markets, offering cloud tools to streamline operations, enhance customer experiences, and boost efficiency for enterprise and small-to-medium clients.

CSV vs PAR — Head-to-Head

Bigger by revenue
PAR
PAR
1.1× larger
PAR
$120.1M
$105.5M
CSV
Growing faster (revenue YoY)
PAR
PAR
+6.4% gap
PAR
14.4%
8.0%
CSV
More free cash flow
CSV
CSV
$18.7M more FCF
CSV
$6.2M
$-12.5M
PAR
Faster 2-yr revenue CAGR
PAR
PAR
Annualised
PAR
30.9%
1.0%
CSV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CSV
CSV
PAR
PAR
Revenue
$105.5M
$120.1M
Net Profit
$12.3M
Gross Margin
34.8%
41.2%
Operating Margin
23.3%
-15.0%
Net Margin
11.6%
Revenue YoY
8.0%
14.4%
Net Profit YoY
24.5%
EPS (diluted)
$0.76
$-0.52

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
PAR
PAR
Q4 25
$105.5M
$120.1M
Q3 25
$102.7M
$119.2M
Q2 25
$102.1M
$112.4M
Q1 25
$107.1M
$103.9M
Q4 24
$97.7M
$105.0M
Q3 24
$100.7M
$96.8M
Q2 24
$102.3M
$78.2M
Q1 24
$103.5M
$70.1M
Net Profit
CSV
CSV
PAR
PAR
Q4 25
$12.3M
Q3 25
$6.6M
$-18.2M
Q2 25
$11.7M
$-21.0M
Q1 25
$20.9M
$-24.4M
Q4 24
$9.9M
Q3 24
$9.9M
$-19.8M
Q2 24
$6.3M
$54.2M
Q1 24
$7.0M
$-18.3M
Gross Margin
CSV
CSV
PAR
PAR
Q4 25
34.8%
41.2%
Q3 25
35.3%
41.3%
Q2 25
35.2%
45.4%
Q1 25
35.3%
46.5%
Q4 24
34.4%
42.9%
Q3 24
35.2%
44.5%
Q2 24
36.2%
41.0%
Q1 24
36.0%
37.2%
Operating Margin
CSV
CSV
PAR
PAR
Q4 25
23.3%
-15.0%
Q3 25
17.0%
-14.8%
Q2 25
23.5%
-15.4%
Q1 25
29.5%
-15.2%
Q4 24
21.6%
-15.6%
Q3 24
22.7%
-15.7%
Q2 24
18.0%
-26.5%
Q1 24
18.8%
-38.2%
Net Margin
CSV
CSV
PAR
PAR
Q4 25
11.6%
Q3 25
6.4%
-15.3%
Q2 25
11.5%
-18.7%
Q1 25
19.5%
-23.4%
Q4 24
10.1%
Q3 24
9.8%
-20.5%
Q2 24
6.1%
69.3%
Q1 24
6.7%
-26.1%
EPS (diluted)
CSV
CSV
PAR
PAR
Q4 25
$0.76
$-0.52
Q3 25
$0.41
$-0.45
Q2 25
$0.74
$-0.52
Q1 25
$1.34
$-0.60
Q4 24
$0.62
$-0.56
Q3 24
$0.63
$-0.56
Q2 24
$0.40
$1.60
Q1 24
$0.45
$-0.62

Balance Sheet & Financial Strength

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

Metric
CSV
CSV
PAR
PAR
Cash + ST InvestmentsLiquidity on hand
$1.7M
$80.1M
Total DebtLower is stronger
$394.0M
Stockholders' EquityBook value
$254.8M
$825.1M
Total Assets
$1.3B
$1.4B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSV
CSV
PAR
PAR
Q4 25
$1.7M
$80.1M
Q3 25
$1.2M
$93.0M
Q2 25
$1.4M
$85.7M
Q1 25
$4.6M
$92.2M
Q4 24
$1.2M
$108.6M
Q3 24
$1.3M
$118.4M
Q2 24
$1.5M
$142.5M
Q1 24
$1.7M
$72.5M
Total Debt
CSV
CSV
PAR
PAR
Q4 25
$394.0M
Q3 25
$393.4M
Q2 25
$392.8M
Q1 25
$392.3M
Q4 24
$368.4M
Q3 24
$466.7M
Q2 24
$378.7M
Q1 24
$378.2M
Stockholders' Equity
CSV
CSV
PAR
PAR
Q4 25
$254.8M
$825.1M
Q3 25
$242.1M
$838.0M
Q2 25
$235.4M
$859.1M
Q1 25
$223.1M
$852.0M
Q4 24
$208.6M
$871.7M
Q3 24
$198.1M
$692.7M
Q2 24
$187.9M
$588.3M
Q1 24
$179.6M
$526.4M
Total Assets
CSV
CSV
PAR
PAR
Q4 25
$1.3B
$1.4B
Q3 25
$1.3B
$1.4B
Q2 25
$1.3B
$1.4B
Q1 25
$1.3B
$1.4B
Q4 24
$1.3B
$1.4B
Q3 24
$1.3B
$1.3B
Q2 24
$1.3B
$1.1B
Q1 24
$1.3B
$1.0B
Debt / Equity
CSV
CSV
PAR
PAR
Q4 25
0.48×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.46×
Q4 24
0.42×
Q3 24
0.67×
Q2 24
0.64×
Q1 24
0.72×

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
PAR
PAR
Operating Cash FlowLast quarter
$14.1M
$-11.8M
Free Cash FlowOCF − Capex
$6.2M
$-12.5M
FCF MarginFCF / Revenue
5.9%
-10.4%
Capex IntensityCapex / Revenue
7.5%
0.7%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$-30.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSV
CSV
PAR
PAR
Q4 25
$14.1M
$-11.8M
Q3 25
$24.7M
$8.4M
Q2 25
$8.1M
$-6.6M
Q1 25
$13.8M
$-17.2M
Q4 24
$9.3M
$3.4M
Q3 24
$20.9M
$8.8M
Q2 24
$2.2M
$-13.8M
Q1 24
$19.7M
$-23.6M
Free Cash Flow
CSV
CSV
PAR
PAR
Q4 25
$6.2M
$-12.5M
Q3 25
$18.0M
$7.0M
Q2 25
$5.2M
$-7.4M
Q1 25
$10.6M
$-17.6M
Q4 24
$4.9M
$3.2M
Q3 24
$16.2M
$8.4M
Q2 24
$-1.4M
$-14.2M
Q1 24
$16.2M
$-23.6M
FCF Margin
CSV
CSV
PAR
PAR
Q4 25
5.9%
-10.4%
Q3 25
17.5%
5.9%
Q2 25
5.1%
-6.6%
Q1 25
9.9%
-16.9%
Q4 24
5.0%
3.0%
Q3 24
16.1%
8.7%
Q2 24
-1.4%
-18.2%
Q1 24
15.6%
-33.7%
Capex Intensity
CSV
CSV
PAR
PAR
Q4 25
7.5%
0.7%
Q3 25
6.5%
1.1%
Q2 25
2.8%
0.7%
Q1 25
3.0%
0.4%
Q4 24
4.5%
0.2%
Q3 24
4.6%
0.4%
Q2 24
3.5%
0.5%
Q1 24
3.4%
0.1%
Cash Conversion
CSV
CSV
PAR
PAR
Q4 25
1.15×
Q3 25
3.76×
Q2 25
0.69×
Q1 25
0.66×
Q4 24
0.94×
Q3 24
2.11×
Q2 24
0.34×
-0.26×
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%

PAR
PAR

Subscription Service$76.1M63%
Hardware$27.8M23%
Professional Service$16.2M13%

Related Comparisons