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Carriage Services Inc. (CSV) Stock Fundamental Analysis & AI Rating 2026

CSV NYSE Services-Personal Services DE CIK: 0001016281
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 29, 2026 (in 13 days) • TBD ET • EPS est. $0.86 (vs $0.96 prior year) • All earnings →
Combined AI Rating
BUY
76% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
74% Conf

📊 CSV Key Takeaways

Revenue: $417.4M
Net Margin: 12.3%
Free Cash Flow: $40.1M
Current Ratio: 0.98x
Debt/Equity: 0.02x
EPS: $3.25
AI Rating: BUY with 78% confidence
Carriage Services Inc. (CSV) receives a BUY rating with 76% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $417.4M, net profit margin of 12.3%, and return on equity (ROE) of 20.2%, Carriage Services Inc. demonstrates strong fundamentals in the Services sector. Below is our complete CSV stock analysis for 2026.

Is Carriage Services Inc. (CSV) a Good Investment?

Claude

Carriage Services demonstrates solid fundamental strength with robust profitability (12.3% net margin, 20.2% ROE) and strong free cash flow generation ($40.1M, 9.6% FCF margin). The 56.3% YoY net income growth and 54.8% EPS growth reflect operational momentum and improved execution, though revenue growth of only 3.3% YoY suggests the business is operating in a mature market. Balance sheet is conservatively leveraged with minimal debt (0.02x D/E ratio), and operating cash flow ($60.7M) comfortably covers capital expenditures, supporting sustainable returns to shareholders.

ChatGPT

Carriage Services shows solid fundamental performance, with strong operating profitability, double-digit net margins, and healthy free cash flow generation on modest revenue growth. The sharp improvement in net income and EPS suggests better earnings conversion, but weak liquidity and the gap between large total liabilities and modest equity temper the overall quality of the balance sheet.

Why Buy Carriage Services Inc. Stock? CSV Key Strengths

Claude
  • + Strong profitability with 23.4% operating margin and 12.3% net margin indicating effective cost management
  • + Exceptional net income growth of 56.3% YoY and EPS growth of 54.8% YoY demonstrating operational excellence
  • + Solid free cash flow generation ($40.1M) and 9.6% FCF margin providing financial flexibility for debt reduction and capital allocation
  • + Conservative balance sheet with minimal leverage (0.02x D/E ratio) and low interest coverage risk (3.9x coverage)
ChatGPT
  • + Strong profitability profile with 35.1% gross margin, 23.4% operating margin, and 12.3% net margin
  • + Net income and diluted EPS grew more than 50% year over year, indicating meaningful earnings improvement
  • + Positive free cash flow of $40.06M and 9.6% FCF margin support operational quality

CSV Stock Risks: Carriage Services Inc. Investment Risks

Claude
  • ! Minimal revenue growth (3.3% YoY) in a mature funeral services industry indicates limited organic expansion opportunities and reliance on acquisitions or market consolidation
  • ! Weak liquidity position with current ratio of 0.98x and quick ratio of 0.84x below 1.0x threshold, limiting financial flexibility for unexpected challenges
  • ! Historically cyclical and defensive business model means limited upside potential during strong economic periods; earnings quality dependent on sustained market share maintenance
  • ! High insider activity (23 Form 4 filings in 90 days) warrants monitoring for potential insider selling or strategic decisions affecting shareholder value
ChatGPT
  • ! Liquidity is tight, with a 0.98x current ratio, 0.84x quick ratio, and only $1.69M of cash
  • ! Interest coverage of 3.9x is adequate but not especially strong if earnings soften
  • ! Earnings growth far outpaced revenue growth, which may be difficult to sustain without continued margin expansion

Key Metrics to Watch

Claude
  • * Quarterly revenue growth rate and same-store sales trends to assess market saturation and competitive positioning
  • * Free cash flow and capital expenditure levels to ensure sustainable dividend and debt reduction capacity
  • * Operating margin stability amid pricing pressure and labor cost inflation in the funeral services sector
  • * Debt/Equity ratio trajectory and liquidity improvement (current and quick ratios) for financial flexibility
ChatGPT
  • * Free cash flow conversion versus net income
  • * Current ratio and cash balance improvement

Carriage Services Inc. (CSV) Financial Metrics & Key Ratios

Revenue
$417.4M
Net Income
$51.5M
EPS (Diluted)
$3.25
Free Cash Flow
$40.1M
Total Assets
$1.3B
Cash Position
$1.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

CSV Profit Margin, ROE & Profitability Analysis

Gross Margin 35.1%
Operating Margin 23.4%
Net Margin 12.3%
ROE 20.2%
ROA 3.8%
FCF Margin 9.6%

CSV vs Services Sector: How Carriage Services Inc. Compares

How Carriage Services Inc. compares to Services sector averages

Net Margin
CSV 12.3%
vs
Sector Avg 10.0%
CSV Sector
ROE
CSV 20.2%
vs
Sector Avg 16.0%
CSV Sector
Current Ratio
CSV 1.0x
vs
Sector Avg 1.5x
CSV Sector
Debt/Equity
CSV 0.0x
vs
Sector Avg 0.7x
CSV Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Carriage Services Inc. Stock Overvalued? CSV Valuation Analysis 2026

Based on fundamental analysis, Carriage Services Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
20.2%
Sector avg: 16%
Net Profit Margin
12.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.02x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Carriage Services Inc. Balance Sheet: CSV Debt, Cash & Liquidity

Current Ratio
0.98x
Quick Ratio
0.84x
Debt/Equity
0.02x
Debt/Assets
81.1%
Interest Coverage
3.90x
Long-term Debt
$5.6M

CSV Revenue & Earnings Growth: 5-Year Financial Trend

CSV 5-year financial data: Year 2021: Revenue $375.9M, Net Income $14.5M, EPS $0.80. Year 2022: Revenue $375.9M, Net Income $16.1M, EPS $0.89. Year 2023: Revenue $382.5M, Net Income $33.2M, EPS $1.81. Year 2024: Revenue $404.2M, Net Income $41.4M, EPS $2.63. Year 2025: Revenue $417.4M, Net Income $33.4M, EPS $2.14.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Carriage Services Inc.'s revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.14 reflects profitable operations.

CSV Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
9.6%
Free cash flow / Revenue

CSV Quarterly Earnings & Performance

Quarterly financial performance data for Carriage Services Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $100.7M $6.6M $0.41
Q2 2025 $102.1M $6.3M $0.40
Q1 2025 $103.5M $7.0M $0.45
Q3 2024 $90.5M $4.6M N/A
Q2 2024 $97.7M $6.3M N/A
Q1 2024 $95.5M $7.0M N/A
Q3 2023 $87.5M N/A N/A
Q2 2023 $90.6M N/A N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Carriage Services Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$60.7M
Cash generated from operations
Capital Expenditures
$20.6M
Investment in assets
Dividends Paid
$7.0M
Returned to shareholders

CSV SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Carriage Services Inc. (CIK: 0001016281)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/wk-form4_1775162474.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162454.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162435.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162409.xml View →
Mar 27, 2026 DEF 14A tm261332-4_def14a.htm View →

Frequently Asked Questions about CSV

What is the AI rating for CSV?

Carriage Services Inc. (CSV) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CSV's key strengths?

Claude: Strong profitability with 23.4% operating margin and 12.3% net margin indicating effective cost management. Exceptional net income growth of 56.3% YoY and EPS growth of 54.8% YoY demonstrating operational excellence. ChatGPT: Strong profitability profile with 35.1% gross margin, 23.4% operating margin, and 12.3% net margin. Net income and diluted EPS grew more than 50% year over year, indicating meaningful earnings improvement.

What are the risks of investing in CSV?

Claude: Minimal revenue growth (3.3% YoY) in a mature funeral services industry indicates limited organic expansion opportunities and reliance on acquisitions or market consolidation. Weak liquidity position with current ratio of 0.98x and quick ratio of 0.84x below 1.0x threshold, limiting financial flexibility for unexpected challenges. ChatGPT: Liquidity is tight, with a 0.98x current ratio, 0.84x quick ratio, and only $1.69M of cash. Interest coverage of 3.9x is adequate but not especially strong if earnings soften.

What is CSV's revenue and growth?

Carriage Services Inc. reported revenue of $417.4M.

Does CSV pay dividends?

Carriage Services Inc. pays dividends, with $7.0M distributed to shareholders in the trailing twelve months.

Where can I find CSV SEC filings?

Official SEC filings for Carriage Services Inc. (CIK: 0001016281) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CSV's EPS?

Carriage Services Inc. has a diluted EPS of $3.25.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CSV a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Carriage Services Inc. has a BUY rating with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CSV stock overvalued or undervalued?

Valuation metrics for CSV: ROE of 20.2% (sector avg: 16%), net margin of 12.3% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy CSV stock in 2026?

Our dual AI analysis gives Carriage Services Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is CSV's free cash flow?

Carriage Services Inc.'s operating cash flow is $60.7M, with capital expenditures of $20.6M. FCF margin is 9.6%.

How does CSV compare to other Services stocks?

Vs Services sector averages: Net margin 12.3% (avg: 10%), ROE 20.2% (avg: 16%), current ratio 0.98 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI