Employees: 2,321
Size Carriage Services (CSV) is a United States Consumer Discretionary company (Other Consumer Services) with a market value of $426M, the 2810th largest of 3,117 United States companies the cockpit tracks. Shares closed at $26.80 on 6 Nov 2026.
Performance Over six months the shares fell 41.0%, against -9.9% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 1.3% over the last twelve months (peer median +4.1%); the operating margin is 23.4% (peer median 7.4%).
Valuation It trades at 8.3× forward earnings against a peer median of 16.1× (2nd cheapest of 14).
Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -9 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.6 points above its cost of capital (6.7% WACC).
Credit Carriage Services has 1 bond outstanding ($400M), rated B+ by the agencies and trading like BB at a weighted spread of 126 bp.
Short interest Short interest is 5.5% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $417M | $418M | $408M | $384M | $371M |
| Revenue growth | — | +3% | +6% | +4% | — |
| Gross profit | $146M | $148M | $147M | $126M | $120M |
| EBITDA | $122M | $123M | $111M | $105M | $102M |
| Net income | $44.1M | $50.8M | $32.5M | $33.1M | $41.4M |
| Free cash flow | $37.4M | $40.1M | $35.9M | $57.6M | $34.9M |
| Capital expenditure | $23.8M | $20.6M | $16.1M | $18.0M | $26.1M |
| Total debt | $549M | $553M | $561M | $605M | $613M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CSV | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.6% | -1.9% | lowest of 21 |
| 6-month return | -41.0% | -9.9% | lowest of 21 |
| Distance from 52-week high | -48.6% | -36.4% | 2nd lowest of 21 |
| Revenue growth (TTM) | +1.3% | +4.1% | 8th lowest of 21 |
| Operating margin | 23.4% | 7.4% | 3rd highest of 21 |
| Forward P/E | 8.3× | 16.1× | 2nd cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | -4.3% | -1.5% | 8th least demanding of 19 |
| Growth delivered (Del g) | +4.9% | +11.2% | 4th lowest of 19 |
| Hurdle (Req g minus delivered) | -9.1 pp | -14.1 pp | 8th most demanding of 19 |
| ROIC minus cost of capital | +2.6 pp | +1.1 pp | 9th highest of 19 |
| EV / EBITDA | 7.9× | 7.4× | 6th most expensive of 13 |
| Net debt / EBITDA | 4.5× | -0.3× | 3rd most indebted of 14 |
| Bond spread | 126 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Carriage Services CSV | United States | $426M | -41% | +1% | 23% | 8.3× | -4.3% | +4.9% |
| IDP Education IEL.AX | Australia | $424M | -19% | -10% | 12% | 12.2× | -3.0% | +8.5% |
| Mahindra Holidays & Resorts India MHRIL.NS | India | $422M | -18% | +7% | 6% | 16.7× | 30.5% | +12.0% |
| Guilin Tourism 000978.SZ | China | $431M | -8% | +2% | -6% | n/a | 33.7% | +12.6% |
| Gym GYM.L | United Kingdom | $436M | +1% | +9% | 13% | 35.6× | 11.7% | +24.9% |
| Beijing Jingxi Culture and Tourism 000802.SZ | China | $409M | -12% | -60% | -62% | n/a | 10.6% | -4.8% |
| Youngy Health 300247.SZ | China | $409M | -21% | +2% | 19% | n/a | 5.7% | +12.8% |
| ZJBC Information Technology 000889.SZ | China | $447M | -28% | -5% | 0% | n/a | n/a | n/a |
| Nagase Brothers 9733.T | Japan | $404M | -5% | +8% | 9% | 12.0× | -8.3% | +7.0% |
| Rainbow Tours RBW.WA | Poland | $458M | -8% | +11% | 6% | 9.0× | -10.6% | +60.0% |
| Azoom 3496.T | Japan | $385M | +21% | +26% | 19% | 27.5× | -1.0% | +28.7% |
| Tibet Tourism 600749.SS | China | $384M | -29% | -7% | -12% | n/a | 49.8% | +8.1% |
| Lion Travel Service 2731.TW | Taiwan | $382M | -15% | +5% | 5% | 7.5× | -20.4% | +35.6% |
| Shenzhen Silver Basis Technology 002786.SZ | China | $483M | -17% | +1% | 1% | n/a | 29.9% | -6.6% |
| Vicom WJP.SI | Singapore | $489M | -1% | +29% | 34% | 21.7× | -8.4% | +14.1% |
| Donglai Coating Technology (Shanghai) 688129.SS | China | $370M | -30% | +7% | 13% | 21.8× | n/a | n/a |
| H.I.S.Co 9603.T | Japan | $492M | 0% | +4% | 3% | n/a | -1.9% | -2.8% |
| Power Wind Health Industry 8462.TW | Taiwan | $366M | +2% | +20% | 17% | 10.2× | -4.4% | +10.5% |
| Thomas Cook (India) THOMASCOOK.NS | India | $499M | +1% | -7% | 3% | 23.1× | 13.8% | +60.2% |
| Wuhan Sante Cableways 002159.SZ | China | $356M | -18% | -3% | 37% | 16.1× | -8.9% | +9.6% |
| Jp Holdings Inc 2749.T | Japan | $337M | -8% | +4% | 16% | 11.5× | -19.0% | +5.3% |
Carriage Services has 1 bond outstanding with $400M face value. The agencies rate it B+; its bonds trade like BB. Weighted yield 5.93%, a spread of 126 bp over government bonds.