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CARRIAGE SERVICES INC CSV

NYSE · stock · Services-Personal Services · website · IPO 1996-08-09

CARRIAGE SERVICES INC statistics & valuation

Market cap$620.3M
P / E12.0×
P / S1.5×
P / B2.4×
P / FCF15.5×
Dividend yield1.13%
Net margin12.3%
Return on equity20.2%
FCF margin9.6%
Net debt$526.6M
Net debt / EBITDA4.3×
Enterprise value USD$1.1B
EV / EBITDA9.4×
Earnings yield EBIT/EV8.5%
Return on capital7.6%
Graham number +2.1%$34.39

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($34.39); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.90% 14.40% 4.30% 5.30% 4.90% 8.80% 11.20% 8.70% 8.20% 12.30% 2016201720182019202020212022202320242025
Gross margin (%)
32.10% 29.80% 28.30% 29.00% 32.20% 34.50% 32.20% 32.50% 35.50% 35.10% 2016201720182019202020212022202320242025
Operating margin (%)
20.20% 19.00% 15.70% 17.30% 17.40% 24.90% 21.50% 21.20% 20.20% 23.40% 2016201720182019202020212022202320242025
Return on equity (%)
11.10% 18.80% 5.30% 6.40% 6.70% 25.90% 30.20% 19.30% 15.80% 20.20% 2016201720182019202020212022202320242025
Shares outstanding
22.5M 17.7M 18.4M 18.0M 18.1M 18.3M 15.7M 15.5M 15.4M 15.8M 2016201720182019202020212022202320242025
Net debt ($)
$217.7M $211.2M $318.5M $90.0M $3.6M $2.8M $2.3M $3.9M $3.7M $526.6M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.10% 4.10% 1.00% 1.30% 1.40% 2.80% 3.50% 2.60% 2.60% 3.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
13.40% 11.20% 13.20% 10.20% 20.60% 15.80% 9.40% 15.00% 8.90% 9.60% 2016201720182019202020212022202320242025
Debt / equity (×)
1.24× 1.07× 1.44× 0.40× 0.02× 0.03× 0.03× 0.03× 0.02× 2.07× 2016201720182019202020212022202320242025
EPS ($)
$1.12 $2.09 $0.63 $0.80 $0.89 $1.81 $2.63 $2.14 $2.10 $3.25 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CARRIAGE SERVICES INC trades at about 10.4× earnings — below its 10-year norm (10-year range 11.5×–37.2×, median 23.2×).

10.4× 37.2×

Shaded band = 10-year range (11.5×–37.2×); dot = today's 10.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin35.1%35.5%32.5%32.2%34.5%32.2%29.0%28.3%29.8%32.1%
Operating margin23.4%20.2%21.2%21.5%24.9%17.4%17.3%15.7%19.0%20.2%
Net margin12.3%8.2%8.7%11.2%8.8%4.9%5.3%4.3%14.4%7.9%
FCF margin9.6%8.9%15.0%9.4%15.8%20.6%10.2%13.2%11.2%13.4%
Return on assets3.8%2.6%2.6%3.5%2.8%1.4%1.3%1.0%4.1%2.1%
Return on equity20.2%15.8%19.3%30.2%25.9%6.7%6.4%5.3%18.8%11.1%
Debt / equity2.07×0.02×0.03×0.03×0.03×0.02×0.40×1.44×1.07×1.24×
Current ratio0.980.770.820.840.660.731.120.840.710.74

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.