vs
Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($208.0M vs $105.5M, roughly 2.0× CARRIAGE SERVICES INC). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs 11.6%, a 4.6% gap on every dollar of revenue. On growth, CARRIAGE SERVICES INC posted the faster year-over-year revenue change (8.0% vs -10.9%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $-74.1M). Over the past eight quarters, CARRIAGE SERVICES INC's revenue compounded faster (1.0% CAGR vs -3.2%).
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
CSV vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $105.5M | $208.0M |
| Net Profit | $12.3M | $33.9M |
| Gross Margin | 34.8% | — |
| Operating Margin | 23.3% | 19.1% |
| Net Margin | 11.6% | 16.3% |
| Revenue YoY | 8.0% | -10.9% |
| Net Profit YoY | 24.5% | -14.2% |
| EPS (diluted) | $0.76 | $5.15 |
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 | $208.0M | ||
| Q3 25 | $102.7M | $216.4M | ||
| Q2 25 | $102.1M | $210.5M | ||
| Q1 25 | $107.1M | $217.9M | ||
| Q4 24 | $97.7M | $233.5M | ||
| Q3 24 | $100.7M | $227.0M | ||
| Q2 24 | $102.3M | $224.4M | ||
| Q1 24 | $103.5M | $222.0M |
| Q4 25 | $12.3M | $33.9M | ||
| Q3 25 | $6.6M | $31.3M | ||
| Q2 25 | $11.7M | $42.7M | ||
| Q1 25 | $20.9M | $28.1M | ||
| Q4 24 | $9.9M | $39.5M | ||
| Q3 24 | $9.9M | $49.1M | ||
| Q2 24 | $6.3M | $26.0M | ||
| Q1 24 | $7.0M | $37.9M |
| 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% | 19.1% | ||
| Q3 25 | 17.0% | 21.7% | ||
| Q2 25 | 23.5% | 21.5% | ||
| Q1 25 | 29.5% | 16.8% | ||
| Q4 24 | 21.6% | 21.7% | ||
| Q3 24 | 22.7% | 24.3% | ||
| Q2 24 | 18.0% | 19.7% | ||
| Q1 24 | 18.8% | 14.5% |
| Q4 25 | 11.6% | 16.3% | ||
| Q3 25 | 6.4% | 14.5% | ||
| Q2 25 | 11.5% | 20.3% | ||
| Q1 25 | 19.5% | 12.9% | ||
| Q4 24 | 10.1% | 16.9% | ||
| Q3 24 | 9.8% | 21.6% | ||
| Q2 24 | 6.1% | 11.6% | ||
| Q1 24 | 6.7% | 17.1% |
| Q4 25 | $0.76 | $5.15 | ||
| Q3 25 | $0.41 | $4.65 | ||
| Q2 25 | $0.74 | $6.12 | ||
| Q1 25 | $1.34 | $4.05 | ||
| Q4 24 | $0.62 | $4.65 | ||
| Q3 24 | $0.63 | $5.71 | ||
| Q2 24 | $0.40 | $2.43 | ||
| Q1 24 | $0.45 | $4.10 |
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 | — |
| Total DebtLower is stronger | — | $390.0M |
| Stockholders' EquityBook value | $254.8M | $934.0M |
| Total Assets | $1.3B | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | — | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $1.4M | — | ||
| Q1 25 | $4.6M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $1.3M | — | ||
| Q2 24 | $1.5M | — | ||
| Q1 24 | $1.7M | — |
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | — | $253.0M |
| Q4 25 | $254.8M | $934.0M | ||
| Q3 25 | $242.1M | $918.7M | ||
| Q2 25 | $235.4M | $896.4M | ||
| Q1 25 | $223.1M | $893.7M | ||
| Q4 24 | $208.6M | $897.5M | ||
| Q3 24 | $198.1M | $889.0M | ||
| Q2 24 | $187.9M | $868.7M | ||
| Q1 24 | $179.6M | $871.7M |
| Q4 25 | $1.3B | $4.3B | ||
| Q3 25 | $1.3B | $3.9B | ||
| Q2 25 | $1.3B | $3.7B | ||
| Q1 25 | $1.3B | $3.7B | ||
| Q4 24 | $1.3B | $4.0B | ||
| Q3 24 | $1.3B | $3.6B | ||
| Q2 24 | $1.3B | $3.6B | ||
| Q1 24 | $1.3B | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.29× |
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 | $-67.2M |
| Free Cash FlowOCF − Capex | $6.2M | $-74.1M |
| FCF MarginFCF / Revenue | 5.9% | -35.6% |
| Capex IntensityCapex / Revenue | 7.5% | 3.3% |
| Cash ConversionOCF / Net Profit | 1.15× | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $40.1M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.1M | $-67.2M | ||
| Q3 25 | $24.7M | $108.3M | ||
| Q2 25 | $8.1M | $75.8M | ||
| Q1 25 | $13.8M | $-3.8M | ||
| Q4 24 | $9.3M | $1.8M | ||
| Q3 24 | $20.9M | $69.1M | ||
| Q2 24 | $2.2M | $70.0M | ||
| Q1 24 | $19.7M | $-34.5M |
| Q4 25 | $6.2M | $-74.1M | ||
| Q3 25 | $18.0M | $106.9M | ||
| Q2 25 | $5.2M | $74.2M | ||
| Q1 25 | $10.6M | $-6.8M | ||
| Q4 24 | $4.9M | $-3.8M | ||
| Q3 24 | $16.2M | $68.7M | ||
| Q2 24 | $-1.4M | $68.6M | ||
| Q1 24 | $16.2M | $-36.5M |
| Q4 25 | 5.9% | -35.6% | ||
| Q3 25 | 17.5% | 49.4% | ||
| Q2 25 | 5.1% | 35.2% | ||
| Q1 25 | 9.9% | -3.1% | ||
| Q4 24 | 5.0% | -1.6% | ||
| Q3 24 | 16.1% | 30.3% | ||
| Q2 24 | -1.4% | 30.6% | ||
| Q1 24 | 15.6% | -16.4% |
| Q4 25 | 7.5% | 3.3% | ||
| Q3 25 | 6.5% | 0.7% | ||
| Q2 25 | 2.8% | 0.7% | ||
| Q1 25 | 3.0% | 1.4% | ||
| Q4 24 | 4.5% | 2.4% | ||
| Q3 24 | 4.6% | 0.2% | ||
| Q2 24 | 3.5% | 0.6% | ||
| Q1 24 | 3.4% | 0.9% |
| Q4 25 | 1.15× | -1.99× | ||
| Q3 25 | 3.76× | 3.45× | ||
| Q2 25 | 0.69× | 1.77× | ||
| Q1 25 | 0.66× | -0.13× | ||
| Q4 24 | 0.94× | 0.04× | ||
| Q3 24 | 2.11× | 1.41× | ||
| Q2 24 | 0.34× | 2.69× | ||
| Q1 24 | 2.83× | -0.91× |
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% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
