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

CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $56.3M, roughly 1.9× SI-BONE, Inc.). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs -2.9%, a 14.6% gap on every dollar of revenue. On growth, SI-BONE, Inc. posted the faster year-over-year revenue change (15.0% vs 8.0%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $440.0K). Over the past eight quarters, SI-BONE, Inc.'s revenue compounded faster (22.0% 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.

Bone Clones, Inc. manufactures, distributes, and sells osteological reproductions of human and animal bones. Located in Chatsworth, California, Bone Clones provides these reproductions to museums, universities, medical schools, and other educational institutions.

CSV vs SIBN — Head-to-Head

Bigger by revenue
CSV
CSV
1.9× larger
CSV
$105.5M
$56.3M
SIBN
Growing faster (revenue YoY)
SIBN
SIBN
+7.0% gap
SIBN
15.0%
8.0%
CSV
Higher net margin
CSV
CSV
14.6% more per $
CSV
11.6%
-2.9%
SIBN
More free cash flow
CSV
CSV
$5.8M more FCF
CSV
$6.2M
$440.0K
SIBN
Faster 2-yr revenue CAGR
SIBN
SIBN
Annualised
SIBN
22.0%
1.0%
CSV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CSV
CSV
SIBN
SIBN
Revenue
$105.5M
$56.3M
Net Profit
$12.3M
$-1.6M
Gross Margin
34.8%
79.0%
Operating Margin
23.3%
-4.4%
Net Margin
11.6%
-2.9%
Revenue YoY
8.0%
15.0%
Net Profit YoY
24.5%
63.4%
EPS (diluted)
$0.76
$-0.04

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
SIBN
SIBN
Q4 25
$105.5M
$56.3M
Q3 25
$102.7M
$48.7M
Q2 25
$102.1M
$48.6M
Q1 25
$107.1M
$47.3M
Q4 24
$97.7M
$49.0M
Q3 24
$100.7M
$40.3M
Q2 24
$102.3M
$40.0M
Q1 24
$103.5M
$37.9M
Net Profit
CSV
CSV
SIBN
SIBN
Q4 25
$12.3M
$-1.6M
Q3 25
$6.6M
$-4.6M
Q2 25
$11.7M
$-6.2M
Q1 25
$20.9M
$-6.5M
Q4 24
$9.9M
$-4.5M
Q3 24
$9.9M
$-6.6M
Q2 24
$6.3M
$-8.9M
Q1 24
$7.0M
$-10.9M
Gross Margin
CSV
CSV
SIBN
SIBN
Q4 25
34.8%
79.0%
Q3 25
35.3%
79.8%
Q2 25
35.2%
79.8%
Q1 25
35.3%
79.7%
Q4 24
34.4%
79.1%
Q3 24
35.2%
79.1%
Q2 24
36.2%
79.0%
Q1 24
36.0%
78.9%
Operating Margin
CSV
CSV
SIBN
SIBN
Q4 25
23.3%
-4.4%
Q3 25
17.0%
-11.1%
Q2 25
23.5%
-14.4%
Q1 25
29.5%
-15.8%
Q4 24
21.6%
-11.2%
Q3 24
22.7%
-18.9%
Q2 24
18.0%
-25.2%
Q1 24
18.8%
-31.8%
Net Margin
CSV
CSV
SIBN
SIBN
Q4 25
11.6%
-2.9%
Q3 25
6.4%
-9.4%
Q2 25
11.5%
-12.7%
Q1 25
19.5%
-13.8%
Q4 24
10.1%
-9.2%
Q3 24
9.8%
-16.3%
Q2 24
6.1%
-22.4%
Q1 24
6.7%
-28.8%
EPS (diluted)
CSV
CSV
SIBN
SIBN
Q4 25
$0.76
$-0.04
Q3 25
$0.41
$-0.11
Q2 25
$0.74
$-0.14
Q1 25
$1.34
$-0.15
Q4 24
$0.62
$-0.10
Q3 24
$0.63
$-0.16
Q2 24
$0.40
$-0.22
Q1 24
$0.45
$-0.27

Balance Sheet & Financial Strength

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

Metric
CSV
CSV
SIBN
SIBN
Cash + ST InvestmentsLiquidity on hand
$1.7M
$42.2M
Total DebtLower is stronger
$35.6M
Stockholders' EquityBook value
$254.8M
$177.5M
Total Assets
$1.3B
$238.6M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSV
CSV
SIBN
SIBN
Q4 25
$1.7M
$42.2M
Q3 25
$1.2M
$26.5M
Q2 25
$1.4M
$34.1M
Q1 25
$4.6M
$41.2M
Q4 24
$1.2M
$34.9M
Q3 24
$1.3M
$30.2M
Q2 24
$1.5M
$25.6M
Q1 24
$1.7M
$32.0M
Total Debt
CSV
CSV
SIBN
SIBN
Q4 25
$35.6M
Q3 25
$35.5M
Q2 25
$35.5M
Q1 25
$35.5M
Q4 24
$35.5M
Q3 24
$36.2M
Q2 24
$36.1M
Q1 24
$36.1M
Stockholders' Equity
CSV
CSV
SIBN
SIBN
Q4 25
$254.8M
$177.5M
Q3 25
$242.1M
$172.1M
Q2 25
$235.4M
$170.3M
Q1 25
$223.1M
$167.3M
Q4 24
$208.6M
$167.0M
Q3 24
$198.1M
$165.0M
Q2 24
$187.9M
$164.7M
Q1 24
$179.6M
$165.5M
Total Assets
CSV
CSV
SIBN
SIBN
Q4 25
$1.3B
$238.6M
Q3 25
$1.3B
$234.3M
Q2 25
$1.3B
$230.9M
Q1 25
$1.3B
$227.3M
Q4 24
$1.3B
$230.4M
Q3 24
$1.3B
$227.0M
Q2 24
$1.3B
$223.8M
Q1 24
$1.3B
$223.7M
Debt / Equity
CSV
CSV
SIBN
SIBN
Q4 25
0.20×
Q3 25
0.21×
Q2 25
0.21×
Q1 25
0.21×
Q4 24
0.21×
Q3 24
0.22×
Q2 24
0.22×
Q1 24
0.22×

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
SIBN
SIBN
Operating Cash FlowLast quarter
$14.1M
$1.7M
Free Cash FlowOCF − Capex
$6.2M
$440.0K
FCF MarginFCF / Revenue
5.9%
0.8%
Capex IntensityCapex / Revenue
7.5%
2.3%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$-9.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSV
CSV
SIBN
SIBN
Q4 25
$14.1M
$1.7M
Q3 25
$24.7M
$2.3M
Q2 25
$8.1M
$173.0K
Q1 25
$13.8M
$-4.9M
Q4 24
$9.3M
$1.2M
Q3 24
$20.9M
$302.0K
Q2 24
$2.2M
$-6.3M
Q1 24
$19.7M
$-7.6M
Free Cash Flow
CSV
CSV
SIBN
SIBN
Q4 25
$6.2M
$440.0K
Q3 25
$18.0M
$-620.0K
Q2 25
$5.2M
$-1.9M
Q1 25
$10.6M
$-7.0M
Q4 24
$4.9M
$-1.1M
Q3 24
$16.2M
$-2.7M
Q2 24
$-1.4M
$-9.4M
Q1 24
$16.2M
$-9.7M
FCF Margin
CSV
CSV
SIBN
SIBN
Q4 25
5.9%
0.8%
Q3 25
17.5%
-1.3%
Q2 25
5.1%
-4.0%
Q1 25
9.9%
-14.8%
Q4 24
5.0%
-2.2%
Q3 24
16.1%
-6.8%
Q2 24
-1.4%
-23.6%
Q1 24
15.6%
-25.5%
Capex Intensity
CSV
CSV
SIBN
SIBN
Q4 25
7.5%
2.3%
Q3 25
6.5%
6.1%
Q2 25
2.8%
4.3%
Q1 25
3.0%
4.4%
Q4 24
4.5%
4.6%
Q3 24
4.6%
7.5%
Q2 24
3.5%
7.8%
Q1 24
3.4%
5.5%
Cash Conversion
CSV
CSV
SIBN
SIBN
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×
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%

SIBN
SIBN

US$53.5M95%
Non Us$2.9M5%

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