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Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and TREX CO INC (TREX). Click either name above to swap in a different company.
TREX CO INC is the larger business by last-quarter revenue ($161.1M vs $105.5M, roughly 1.5× CARRIAGE SERVICES INC). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs 1.4%, a 10.2% gap on every dollar of revenue. On growth, CARRIAGE SERVICES INC posted the faster year-over-year revenue change (8.0% vs -3.9%). TREX CO INC produced more free cash flow last quarter ($22.1M vs $6.2M). Over the past eight quarters, CARRIAGE SERVICES INC's revenue compounded faster (1.0% CAGR vs -34.3%).
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
Trex Company, Inc. is a manufacturer of wood-alternative composite decking, residential railing, and other outdoor items made from recycled materials. Its headquarters is in Winchester, Virginia.
CSV vs TREX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $105.5M | $161.1M |
| Net Profit | $12.3M | $2.3M |
| Gross Margin | 34.8% | 30.2% |
| Operating Margin | 23.3% | 2.2% |
| Net Margin | 11.6% | 1.4% |
| Revenue YoY | 8.0% | -3.9% |
| Net Profit YoY | 24.5% | -76.4% |
| EPS (diluted) | $0.76 | $0.03 |
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 | $161.1M | ||
| Q3 25 | $102.7M | $285.3M | ||
| Q2 25 | $102.1M | $387.8M | ||
| Q1 25 | $107.1M | $340.0M | ||
| Q4 24 | $97.7M | $167.6M | ||
| Q3 24 | $100.7M | $233.7M | ||
| Q2 24 | $102.3M | $376.5M | ||
| Q1 24 | $103.5M | $373.6M |
| Q4 25 | $12.3M | $2.3M | ||
| Q3 25 | $6.6M | $51.8M | ||
| Q2 25 | $11.7M | $75.9M | ||
| Q1 25 | $20.9M | $60.4M | ||
| Q4 24 | $9.9M | $9.8M | ||
| Q3 24 | $9.9M | $40.6M | ||
| Q2 24 | $6.3M | $87.0M | ||
| Q1 24 | $7.0M | $89.1M |
| Q4 25 | 34.8% | 30.2% | ||
| Q3 25 | 35.3% | 40.5% | ||
| Q2 25 | 35.2% | 40.8% | ||
| Q1 25 | 35.3% | 40.5% | ||
| Q4 24 | 34.4% | 32.7% | ||
| Q3 24 | 35.2% | 39.9% | ||
| Q2 24 | 36.2% | 44.7% | ||
| Q1 24 | 36.0% | 45.4% |
| Q4 25 | 23.3% | 2.2% | ||
| Q3 25 | 17.0% | 24.7% | ||
| Q2 25 | 23.5% | 26.4% | ||
| Q1 25 | 29.5% | 24.0% | ||
| Q4 24 | 21.6% | 9.2% | ||
| Q3 24 | 22.7% | 23.2% | ||
| Q2 24 | 18.0% | 31.1% | ||
| Q1 24 | 18.8% | 31.9% |
| Q4 25 | 11.6% | 1.4% | ||
| Q3 25 | 6.4% | 18.1% | ||
| Q2 25 | 11.5% | 19.6% | ||
| Q1 25 | 19.5% | 17.8% | ||
| Q4 24 | 10.1% | 5.8% | ||
| Q3 24 | 9.8% | 17.4% | ||
| Q2 24 | 6.1% | 23.1% | ||
| Q1 24 | 6.7% | 23.8% |
| Q4 25 | $0.76 | $0.03 | ||
| Q3 25 | $0.41 | $0.48 | ||
| Q2 25 | $0.74 | $0.71 | ||
| Q1 25 | $1.34 | $0.56 | ||
| Q4 24 | $0.62 | $0.10 | ||
| Q3 24 | $0.63 | $0.37 | ||
| Q2 24 | $0.40 | $0.80 | ||
| Q1 24 | $0.45 | $0.82 |
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 | $3.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $254.8M | $1.0B |
| Total Assets | $1.3B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $3.8M | ||
| Q3 25 | $1.2M | $11.4M | ||
| Q2 25 | $1.4M | $5.5M | ||
| Q1 25 | $4.6M | $5.0M | ||
| Q4 24 | $1.2M | $1.3M | ||
| Q3 24 | $1.3M | $12.8M | ||
| Q2 24 | $1.5M | $1.2M | ||
| Q1 24 | $1.7M | $3.1M |
| Q4 25 | $254.8M | $1.0B | ||
| Q3 25 | $242.1M | $1.0B | ||
| Q2 25 | $235.4M | $989.3M | ||
| Q1 25 | $223.1M | $910.1M | ||
| Q4 24 | $208.6M | $850.1M | ||
| Q3 24 | $198.1M | $887.9M | ||
| Q2 24 | $187.9M | $894.9M | ||
| Q1 24 | $179.6M | $804.1M |
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.3B | $1.3B | ||
| Q1 24 | $1.3B | $1.3B |
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 | $65.5M |
| Free Cash FlowOCF − Capex | $6.2M | $22.1M |
| FCF MarginFCF / Revenue | 5.9% | 13.7% |
| Capex IntensityCapex / Revenue | 7.5% | 26.9% |
| Cash ConversionOCF / Net Profit | 1.15× | 28.45× |
| TTM Free Cash FlowTrailing 4 quarters | $40.1M | $134.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.1M | $65.5M | ||
| Q3 25 | $24.7M | $196.9M | ||
| Q2 25 | $8.1M | $249.8M | ||
| Q1 25 | $13.8M | $-154.0M | ||
| Q4 24 | $9.3M | $-8.5M | ||
| Q3 24 | $20.9M | $132.8M | ||
| Q2 24 | $2.2M | $193.7M | ||
| Q1 24 | $19.7M | $-174.0M |
| Q4 25 | $6.2M | $22.1M | ||
| Q3 25 | $18.0M | $142.9M | ||
| Q2 25 | $5.2M | $203.0M | ||
| Q1 25 | $10.6M | $-233.5M | ||
| Q4 24 | $4.9M | $-89.3M | ||
| Q3 24 | $16.2M | $54.5M | ||
| Q2 24 | $-1.4M | $158.2M | ||
| Q1 24 | $16.2M | $-211.8M |
| Q4 25 | 5.9% | 13.7% | ||
| Q3 25 | 17.5% | 50.1% | ||
| Q2 25 | 5.1% | 52.3% | ||
| Q1 25 | 9.9% | -68.7% | ||
| Q4 24 | 5.0% | -53.3% | ||
| Q3 24 | 16.1% | 23.3% | ||
| Q2 24 | -1.4% | 42.0% | ||
| Q1 24 | 15.6% | -56.7% |
| Q4 25 | 7.5% | 26.9% | ||
| Q3 25 | 6.5% | 18.9% | ||
| Q2 25 | 2.8% | 12.1% | ||
| Q1 25 | 3.0% | 23.4% | ||
| Q4 24 | 4.5% | 48.2% | ||
| Q3 24 | 4.6% | 33.5% | ||
| Q2 24 | 3.5% | 9.4% | ||
| Q1 24 | 3.4% | 10.1% |
| Q4 25 | 1.15× | 28.45× | ||
| Q3 25 | 3.76× | 3.80× | ||
| Q2 25 | 0.69× | 3.29× | ||
| Q1 25 | 0.66× | -2.55× | ||
| Q4 24 | 0.94× | -0.87× | ||
| Q3 24 | 2.11× | 3.27× | ||
| Q2 24 | 0.34× | 2.23× | ||
| 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% |
TREX
Segment breakdown not available.