# Carriage Services Inc. (CSV) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Consumer Cyclical / Consumer Services. Price $34.26, market value $544 million.

## Valuation
- **P/E (trailing): 12.2×** (5-yr avg 17.3×, 3-yr avg 14.3×). Carriage Services Inc. trades at 12.2× trailing earnings, well below its own five-year average of 17.3×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 9.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.17**. A PEG of 0.17 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.7×**. Enterprise value is 4.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 6.9%** (5-yr avg 8.2%). Free cash flow equals 6.9% of the market value, in line with its five-year average of 8.2%. Above 5% is generally attractive.
- **Earnings yield: 8.2%**. The inverse of the P/E: 8.2% of the price is earned each year.

## Profitability
- **Gross margin: 35.1%**. Carriage Services Inc. keeps 35.1% of revenue after the direct cost of what it sells.
- **Operating margin: 21.9%**. 21.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 12.3%**. 12.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.2%**. 20.2% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 27.8%**. Return on all capital, debt included, is 27.8%: comfortably above what that capital costs.
- **Return on assets: 3.3%**. Each dollar of assets produces 3.3% of profit.

## Growth
- **Revenue growth (1 yr): 3.3%** (3-yr 4.1%/yr, 5-yr 4.8%/yr). Revenue grew 3.3% over the last year, against 4.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 54.8%** (3-yr 7.3%/yr, 5-yr 29.6%/yr). Earnings per share rose 54.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 4.7%/yr**. Free cash flow has compounded at 4.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.02**. Debt is 0.02 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.0×**. It would take 0.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 0.98** (quick 0.98). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.11**. A Z-score of 1.11 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.31%** ($0.45 per share, trailing). Carriage Services Inc. yields 1.31%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 14%** (19% of free cash flow). 14% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 6.0%/yr** (1-yr 0.0%). The dividend has grown 6.0% a year over five years.

## Price and momentum
- **Total return (1 yr): -21.2%** (YTD -17.0%, 3-mo -13.9%). The shares are down 21.2% over twelve months including dividends.
- **From 52-week high: -34.2%** (13.8% above the low). Trading 34% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 0.31** (volatility 31%). Beta of 0.31 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CSV · Page: https://foliofundamentals.com/stocks/csv

Not investment advice.