Carriage Services, Inc.
Description
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise. The Cemetery Operations segment sells interment rights for grave sites, lawn crypts, mausoleum spaces, and niches; related cemetery merchandise, including memorial markers, outer burial containers, and monuments; and interments, inurnments, and installation of cemetery merchandise services. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.
About
CEO
Mr. Carlos R. Quezada
Employees
1,249
Instrument type
Common Stock
Sector
Consumer Cyclical
Industry
Personal Services
MIC code
XNYS
Address
3040 Post Oak Boulevard, Houston, TX 77056, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 29, 2025 | — | — | — | — |
| Jul 29, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 20, 2025 | 0.57 | — | — | — |
| Oct 31, 2024 | 0.42 | 0.64 | 0.22 | 52.38% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 3 |
| Average estimate | — | 0.88 | — | 2.80 |
| Low estimate | — | 0.88 | — | 2.52 |
| High estimate | — | 0.88 | — | 3.09 |
| Last year EPS | — | 0.75 | — | 2.53 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-33.770%
Next qtr. (Mar 2025)
17.330%
Current year
15.530%
Next year (Dec 2025)
10.800%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 382.52M | 370.17M | 375.89M | 329.45M | 274.11M |
| Cost of revenue | 258.23M | 250.95M | 246.37M | 223.53M | 194.52M |
| Gross profit | 124.30M | 119.23M | 129.52M | 105.92M | 79.59M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 42.13M | 37.47M | 35.19M | 27.25M | 25.88M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 82.17M | 81.76M | 94.33M | 78.67M | 52.29M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 36.27M | 25.90M | 25.47M | 32.73M | 25.76M |
| Other income expense | 525,000 | 1.33M | -24.56M | -21.30M | -4.11M |
| Pretax income | 46.43M | 57.19M | 44.30M | 24.64M | 22.42M |
| Tax provision | 13.02M | 15.81M | 11.15M | 8.55M | 7.88M |
| Net income | 33.41M | 41.38M | 33.16M | 16.09M | 14.53M |
| Basic EPS | 2.24 | 2.78 | 1.90 | 0.90 | 0.81 |
| Diluted EPS | 2.14 | 2.63 | 1.81 | 0.89 | 0.80 |
| Basic average shares | 14.80M | 14.86M | 17.41M | 17.87M | 17.88M |
| Diluted average shares | 14.80M | 14.86M | 17.41M | 17.87M | 17.88M |
| EBITDA | 106.06M | 102.92M | 116.05M | 99.51M | 72.03M |
| Net income from continuing op. | 33.41M | 41.38M | 33.16M | 16.09M | 14.53M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | 306,000 | 26,000 | 53,000 | 46,000 | 62,000 |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.27B | 1.19B | 1.18B | 1.15B | 1.13B |
| Current assets | |||||
| Cash | — | 1.17M | 1.15M | 889,000 | 716,000 |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 1.52M | 1.17M | 1.15M | 889,000 | 716,000 |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 27.28M | 23.95M | 24.36M | 23.68M | 20.55M |
| Other receivables | 1.29M | 1.52M | 1.95M | 2.71M | 1.77M |
| Inventory | 8.35M | 7.61M | 7.35M | 7.26M | 6.99M |
| Prepaid assets | 3.78M | 4.08M | 2.22M | 1.92M | 6.60M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 137,000 | 149,000 | 125,000 | 157,000 | 112,000 |
| Non current assets | |||||
| Properties | 130.88M | 121.23M | 118.58M | 122.34M | 109.34M |
| Land and improvements | 87.64M | 84.41M | 82.10M | 82.62M | 84.61M |
| Machinery furniture equipment | 74.37M | 70.52M | 73.38M | 91.30M | 88.05M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -138.05M | -128.60M | -126.49M | -145.43M | -136.10M |
| Goodwill | 884.58M | 853.08M | 813.32M | 815.45M | 828.55M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 37.30M | 32.81M | 29.37M | 29.49M | 31.97M |
| Investments and advances | — | — | — | — | 232.76M |
| Other non current assets | 347.03M | 312.70M | 329.13M | 296.64M | 271.11M |
| Total liabilities | 1.09B | 1.06B | 1.05B | 905.32M | 903.19M |
| Current liabilities | |||||
| Accounts payable | 11.87M | 11.68M | 14.21M | 11.26M | 8.41M |
| Accrued expenses | 10.24M | 9.88M | 13.00M | 8.36M | 10.87M |
| Short term debt | 3.84M | 3.17M | 2.81M | 5.97M | 3.15M |
| Deferred revenue | — | — | 1.77M | 1.77M | — |
| Tax payable | 2.40M | 914,000 | 4.70M | 4.89M | 1.08M |
| Pensions | 17.99M | 16.32M | 23.92M | 15.21M | 12.08M |
| Other current liabilities | 3.38M | 3.29M | 3.76M | 3.66M | — |
| Non current liabilities | |||||
| Long term debt | 600.79M | 609.58M | 576.12M | 472.35M | 516.65M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 52.13M | 48.82M | 45.78M | 48.25M | 41.37M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 84.35M | 66.02M | 71.28M | 69.71M | 63.89M |
| Shareholders equity | |||||
| Common stock | 266,000 | 264,000 | 263,000 | 260,000 | 259,000 |
| Retained earnings | 210.26M | 176.84M | 135.46M | 102.30M | 86.21M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 173.06M | 137.13M | 128.02M | 240.50M | 226.57M |
| Additional paid in capital | 241.29M | 238.78M | 236.81M | 239.99M | 242.15M |
| Treasury stock | 278.75M | 278.75M | 244.52M | 102.05M | 102.05M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | 33.41M | 41.38M | 33.16M | 16.09M | 14.53M | 11.65M | 37.19M | 19.58M | 20.85M | 15.84M | 19.30M | 11.40M | 6.98M | 8.08M | 7.05M | 1.80M | 7.36M | -1.42M | -21.87M | 9.23M | 6.63M | 20.28M | 9.00M | -132.00M | 10.90M | 9.50M | 4.50M | 200,000 |
| Depreciation | 22.52M | 21.09M | 21.81M | 20.69M | 19.00M | 17.43M | 15.98M | 15.42M | 13.78M | 11.95M | 11.75M | 10.08M | 9.61M | 9.95M | 10.34M | 10.37M | 9.49M | 9.38M | 9.81M | 10.79M | 9.93M | 11.11M | 16.97M | 21.41M | 17.00M | 11.40M | 7.80M | 3.60M |
| Deferred Taxes | 3.31M | 3.04M | -692,000 | 4.60M | 10.12M | 3.82M | -11.65M | 4.86M | 3.04M | 5.30M | 12.57M | 3.93M | -3.46M | 2.43M | 4.80M | 1.65M | 4.85M | 2.31M | -532,000 | -50,000 | 3.37M | -7.00M | 3.79M | -6.29M | 7.10M | 1.70M | 2.20M | 100,000 |
| Stock-Based Compensation | 7.70M | 5.96M | 5.51M | 3.37M | 2.15M | 6.58M | 3.16M | 3.23M | 4.44M | 4.62M | 3.58M | 2.17M | 1.87M | 1.76M | 1.59M | 1.55M | 1.14M | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 871,000 | -2.43M | 1.02M | 1.23M | 367,000 | 4.22M | 5.15M | 4.69M | 4.38M | 3.36M | 447,000 | 773,000 | 691,000 | 575,000 | 3.90M | 3.94M | 3.33M | 4.66M | 26.08M | — | -1,000 | — | — | — | -300,000 | — | — | -600,000 |
| Accounts Receivable | -8.12M | -5.36M | -4.09M | -4.28M | -5.80M | -5.06M | -4.25M | -5.16M | -2.31M | -4.15M | -3.33M | -4.62M | -1.92M | -4.72M | -7.24M | 2.32M | -4.45M | -2.11M | -3.62M | -1.82M | -1.68M | 1.76M | -1.99M | -8.96M | -11.50M | -11.00M | -4.70M | -3.40M |
| Accounts Payable | 169,000 | -101,000 | 522,000 | 2.70M | -580,000 | 2.04M | -3.65M | 2.11M | 1.45M | -562,000 | 1.14M | -1.00M | 5.19M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 9.91M | 1.69M | -2.91M | 3.72M | -4.52M | -89,000 | 2.20M | -362,000 | 2.14M | -4.14M | 1.67M | 4.82M | 8.24M | 1.27M | -2.98M | -15.61M | 426,000 | -919,000 | -13.01M | 1.62M | -4.53M | -4.72M | 894,000 | 2.82M | -6.70M | -8.60M | -2.30M | -2.00M |
| Operating Cash Flow | 69.77M | 65.26M | 54.32M | 48.11M | 35.27M | 40.59M | 44.13M | 44.37M | 47.77M | 32.21M | 47.13M | 27.55M | 27.19M | 19.35M | 17.45M | 6.03M | 22.14M | 11.90M | -3.14M | 19.77M | 13.72M | 21.42M | 28.66M | -123.02M | 16.50M | 3.00M | 7.50M | -2.10M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | — | -6.26M | -6.08M | -7.60M | — | — | — | — | — | — | -11.65M | -5.72M | -7.63M | -4.54M | -4.33M | -4.05M | 6.83M | -5.70M | -66.70M | -153.50M | -74.80M | -47.00M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -40.37M | -28.85M | 4.59M | -19.47M | -144.94M | -37.97M | -23.07M | -22.17M | -9.66M | -55.68M | -9.52M | -44.54M | -18.57M | -19.01M | -3.10M | — | -48.60M | -1.07M | -1.29M | — | 1.50M | -2.16M | -212,000 | -1.98M | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -50.93M | -32.72M | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 15.30M | 52.53M | 15.82M | — | — | — | — | — | — | — | — | 1.00M |
| Investing Cash Flow | -38.97M | -26.41M | 12.35M | -19.22M | -143.51M | -37.97M | -23.07M | -28.43M | -15.74M | -63.28M | -9.52M | -44.54M | -18.57M | -18.61M | -3.04M | — | -42.06M | -8.07M | -25.82M | -4.54M | -2.83M | -6.01M | 6.82M | -8.25M | -66.70M | -153.50M | -74.80M | -88.40M |
| Financing Activities | ||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 86.10M | 155.40M | 661.67M | 109.50M | 251.65M | 444.63M | 106.90M | 110.26M | 105.16M | 304.23M | — | 43.31M | 2.50M | 600,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -98.87M | -120.98M | -563.28M | -152.41M | -120.58M | -417.11M | -95.81M | -109.14M | -63.45M | -159.05M | -19.02M | -3.17M | -2.87M | -1.05M | -778,000 | -1.18M | -1.40M | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -252,000 | -1.25M | -25.18M | -595,000 | -2.23M | -4.79M | -610,000 | -1.51M | -1.53M | -102.73M | -8,000 | -4.91M | -306,000 | 528,000 | -505,000 | 77,000 | 377,000 | 63,000 | — | — | -618,000 | -5.29M | -4.94M | -2.69M | 87.70M | -500,000 | — | -1.00M |
| Financing Cash Flow | -19.73M | -10.26M | 34.10M | -86.15M | 171.00M | -63.95M | 14.70M | -27.78M | 45.46M | 44.20M | -28.65M | 72.19M | -298,000 | 664,000 | -5.56M | -6.86M | -49,000 | 630,000 | 936,000 | 686,000 | -82,000 | -4.76M | -4.28M | -2.17M | 88.60M | 67.20M | -200,000 | 45.90M |
| Other Cash Details | ||||||||||||||||||||||||||||
| End Cash Position | 1.52M | 1.17M | 1.15M | 889,000 | 716,000 | 644,000 | 952,000 | 3.29M | 535,000 | 413,000 | 1.38M | 1.70M | 1.14M | 1.28M | 3.62M | 5.01M | 3.45M | 22.82M | 7.95M | 1.95M | 2.02M | 2.70M | 2.74M | 3.21M | 2.50M | 2.90M | 6.10M | — |
| Income Tax Paid | 10.45M | 9.71M | 16.11M | 4.46M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 34.68M | 24.46M | 24.13M | 30.94M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 57.55M | 34.94M | 59.36M | 67.72M | 27.84M | 35.47M | 28.84M | 26.93M | 15.66M | 12.89M | 29.15M | 15.33M | 20.51M | 15.46M | 6.73M | 6.78M | 7.92M | 11.80M | -6.47M | 18.44M | 8.55M | 12.91M | 22.70M | 6.38M | -49.70M | -146.90M | -65.10M | -46.70M |
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