How profitable is Carriage Services Inc. (CSV)?

In FY 2025 (10-K), CSV converted $417.4M of revenue into a 35.1% gross margin, 23.4% operating margin, and $40.1M in free cash flow (9.6% FCF margin).

Stock Ratings / Consumer Discretionary / CSV / financials

EVH (43) BLW (43) YELP (60) EVI (59) ⌘ Pro Terminal →

Carriage Services Inc. (CSV) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$34.95 +0.17% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $34.89

Carriage Services Inc. (CSV) carries a Roarable Rating of D+ (Sell) with 56/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D+ • SELL / AVOID Cap $554.1M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on CSV Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is CSV stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

▼

As of 2026-11-03, Carriage Services Inc. (NYSE: CSV) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $34.95 (+0.17% 1D, market cap $554.1M). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 6/20, SEC Balance-Sheet Forensics 9/20, FRED Macro Regime Fit 11/20, and Executive Insider Alignment 18/20. Across 1009 tracked Consumer Discretionary issuers, CSV ranks #421 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does CSV compare to EVH and BLW in the Consumer Discretionary sector?

▼

Within the Consumer Discretionary sector (Other Consumer Services), CSV carries a Roarable D+ (56/100 RQD), trailing P/E of 10.9x, gross margin of 35.1%, and ROIC of 29.8%. By comparison, EVH (Evolent Health Inc (Class A)) holds a D- grade (43/100 RQD, P/E N/A, ROIC -26.3%, cap $486.2M) and BLW (Blackrock Limited Duration Income Trust) posts a D- grade (43/100 RQD, P/E N/A, ROIC —, cap $414.6M). Among the 5-stock peer group, YELP leads on earnings multiple (7.1x) while CSV leads on capital efficiency (29.8% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for CSV?

▼

Per CSV's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001016281), Carriage Services Inc. generated $417.4M in revenue (+3.3% YoY), $51.5M in net income, and $40.1M in free cash flow against $1.35B in total assets and $5.6M in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $34.89 (-0.16%)🧬 Cannibal Buyback (-2.92% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 9.6% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 56/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.4% avg 90D alpha vs SPY • 51.8% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D+

Quant Analyst Panel Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR RQD RADARRw C- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-0.9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for CSV)Realized 20D OHLCV Swing Band: ±7.6%

Deterministic 5-Pillar Attribution (56/100 Composite)

🔍 WHY CSV SCORES 56/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Insider Conviction & Share Dilution+18/20 pts (32% of score)

SEC Form 4 / 13F Thermometer: 86% Net Buy • Cannibal Buyback (-2.92% YoY Shares)

▲ #2 Bullish Driver: Cash Engine Quality+12/20 pts (21% of score)

SEC XBRL FY 2025 (10-K): 9.6% FCF Margin ($40.1M FCF) & 35.1% Gross Margin

▼ #1 Drag / Risk Factor: Whale & Options Positioning6/20 pts (-14 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-14 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$34.61+4.9% Next Q

Q2 (-2Q)

Grade C-$36.31-1.3% Next Q

Q3 (-1Q)

Grade C-$35.82-2.4% Next Q

Current

Grade D+$34.95-0.4% Hist 90D α

Trajectory: D (48) → D+ (56)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the CSV Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 56/100 (D+) score, CSV faces multiple-compression risk if 10.9x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.92% YoY Shares) — any gross margin slip below 32.6% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($33.61) or 200D SMA ($40.01) invalidates the momentum regime and cuts Target Base ($34.64) toward Bear Floor ($27.02).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $CSV• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “CSV Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 56%NO 44%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How CSV Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$40.1M (9.6% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $382.5M

FY24

Rev $404.2M

FY25

Rev $417.4M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$417.4M	35.1%	23.4%	$51.5M	$40.1M	29.8%
FY 2024	$404.2M	35.5%	20.2%	$33.0M	$35.9M	30.4%
FY 2023	$382.5M	35.1%	21.2%	$33.4M	$75.6M	29.8%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring CSV)

✓Walkthrough of CSV's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

CSV // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -26.05%▼ DESCENDING CHANNEL

2026-11-03O $35.44H $35.44L $34.89C $34.95VOL 174.8K

RES: $36.71SUP: $26.48SMA50: $33.61SMA200: $40.01

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

CSV Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 CSV Butterfly Map → + Track CSV →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

0.6%/yr Implied 5Y Growth

vs. +3.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on CSV today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for CSV. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for CSV today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (CSV)

Consumer Discretionary Rank #421 of 1009 ⚔️ EVH vs CSV Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (CSV vs. EVH, BLW, YELP, EVI)

Industry: Other Consumer Services (73 Tracked Issuers)

Across 1009 tracked Consumer Discretionary securities in the Roarable RQD universe, Carriage Services Inc. (CSV) ranks #421 by composite RQD confidence (56/100, grade D+) and #573 by equity capitalization ($554.1M). Within this direct 5-issuer industry benchmark cohort, YELP leads on earnings valuation at 7.1x trailing P/E, while CSV leads on capital efficiency and profitability with 29.8% ROIC and 35.1% gross margin. YELP currently holds the highest overall quantitative score in the immediate peer group at 60/100 (C-) compared with CSV at 56/100 (D+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
CSV ACTIVE Carriage Services Inc.	D+	56/100	10.9x	35.1%	29.8%	+0.17%	$554.1M	Benchmark Subject
EVH Evolent Health Inc (Class A)	D-	43/100	—	21.3%	-26.3%	+3.49%	$486.2M	/evh-vs-csv →
BLW Blackrock Limited Duration Income Trust	D-	43/100	—	—	—	+0.17%	$414.6M	/blw-vs-csv →
YELP Yelp Inc.	C-	60/100	7.1x	—	29.5%	+3.77%	$1.04B	/yelp-vs-csv →
EVI EVI Industries Inc.	C-	59/100	37.3x	30.4%	5.4%	+4.00%	$273.7M	/evi-vs-csv →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001016281 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Carriage Services Inc. (CSV) reported GAAP revenue of $417.4M (+3.3% vs. FY2024 revenue of $404.2M , and +9.1% cumulative change since FY2023) , GAAP net income of $51.5M, operating cash flow of $60.7M, and free cash flow of $40.1M (+11.6% YoY). On the balance sheet, CSV closed FY2025 with $1.35B in total assets against $5.6M in total debt (Altman Z-Score: 1.16, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$417.4M	$51.5M	$60.7M	$40.1M	$1.35B	$5.6M
FY2024 (FY)	2024-12-31	$404.2M	$33.0M	$52.0M	$35.9M	$1.28B	$4.9M
FY2023 (FY)	2023-12-31	$382.5M	$33.4M	$75.6M	$75.6M	—	—

3. CSV Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is CSV stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does CSV compare to EVH and BLW in the Consumer Discretionary sector?

What are the biggest fundamental strengths and SEC risk factors for CSV?

Where is CSV trading relative to its 50-day, 200-day, and 52-week technical levels?

CSV last traded at $34.95 (+0.17% on volume of 207,441 shares), positioning the stock +3.99% above its 50-day simple moving average ($33.61) and -12.65% below its 200-day simple moving average ($40.01). Across its 52-week range of $30.11 to $52.10, CSV sits at the 22.0% percentile with a 14-day RSI of 50.8 (NEUTRAL RANGE) and an implied next-earnings move of ±7.6% ($32.29 to $37.61).

Direct Sub-Reports: CSV RQD Cockpit CSV 12M Forecast CSV Earnings & Move CSV Dividends & DRIP CSV Insiders & 13F CSV Whale Options CSV Profit Sankey CSV News & Why

ROARABLE RATING BRIEF • RQD 56/100 (D+) ✓ SEC XBRL & RQD VERIFIED

CSV — Carriage Services Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Carriage Services Inc. (CSV) earns a live Roarable RQD composite score of 56/100, corresponding to a D+ letter grade (Roarable Sell) at a spot price of $34.95 (+0.17% 1D, market capitalization $554.1M).

Fundamental Cash Engine (12/20): Anchored by return on invested capital (ROIC) of 29.8%, gross margin of 35.1%, operating margin of 23.4%, and free cash flow yield of 7.12%.
Whale 13F & Options Flow (6/20) + Insider Conviction (18/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (11/20) + Forensic Balance Sheet (9/20): Incorporates a 1.00x equity beta, Altman Z-Score of 1.16, Piotroski F-Score of 7/9, and Debt/Equity of 0.02x.

2. Business Model, Unit Margins & SEC Financial Trajectory

Carriage Services Inc. Is listed on the NYSE and classified in the Consumer Discretionary sector and Other Consumer Services industry. Per the market data, the company reports a gross margin of 35.1%, an operating margin of 23.4%, and a net margin of 12.3%. — for product detail, customer segments, or the specific mechanics of how revenue is earned.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Carriage Services Inc. (CSV) reported $417.4M in annual revenue (up from $404.2M in FY2024, +3.3% YoY) and $51.5M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($382.5M revenue, $33.4M net income) through FY2025, CSV scaled operating cash flow to $60.7M and free cash flow to $40.1M, backed by $1.35B in total assets against $5.6M in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (D+ • RQD 56/100): Company leadership has skin in the game with net positive insider conviction. Free cash flow yield of 7.12% and institutional whale pillar of 6/20. With Fundamental Cash Engine at 12/20 and Institutional Whale Flow at 6/20, sustained execution supports upside toward the upper end of the $30.11 – $52.10 52-week range.
🐻 Primary Bear Case & Valuation Risk: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Investors must weigh 10.9x trailing P/E and 4.9x EV/EBITDA against 23.4% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Upstream and downstream dependencies cannot be mapped from the source data. Sector correlation beyond the Consumer Discretionary classification and the Other Consumer Services industry label is — No 2nd-order bottlenecks are identified in the source data.

Key Question #1: Can CSV sustain or expand its 23.4% operating margin and 29.8% ROIC against Other Consumer Services peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $417.4M and free cash flow of $40.1M, how will capital allocation balance growth reinvestment against $5.6M in total debt?
Key Question #3: How sensitive is CSV's 10.1x forward P/E multiple to Consumer Discretionary capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

CSV Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Carriage Services Inc. (CSV) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to CSV Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 1d ago

3 Reasons to Avoid CSV and 1 Stock to Buy Instead

Yahoo Finance report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

Carriage Services' Plunge Leaves It Full Of Life (NYSE:CSV)

Seeking Alpha report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Carriage Services (CSV) Reports Next Week: Wall Street Expects Earnings Growth

Yahoo Finance report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Simply Wall St • 1d ago

Should You Buy Carriage Services, Inc. (NYSE:CSV) For Its Upcoming Dividend?

Simply Wall St report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

Carriage Services Q3 2026 Earnings Date and Estimates

MarketBeat report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE StockStory • 2d ago

1 Safe-and-Steady Stock with Promising Prospects and 2 We Brush Off

StockStory report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 2d ago

A passive investor reports over 1 million shares in Carriage Services (CSV).

Stock Titan report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE The Globe and Mail • 2d ago

Carriage Services Ends ATM Equity Distribution Agreement

The Globe and Mail report covering Carriage Services Inc. (CSV) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

CSV Bull vs. Bear Conversation Board — What's Your Call at $34.95?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON CSV 🐻 33% BEARISH CONVICTION

QU QuantViper RQD DEBATE OPENER • Systematic Momentum Desk 🐂 BULLISH 🎯 Target: $44.66 (+28.0%)

📌 Pinned Debate

Insider conviction pillar scores 18 of 20 and ROIC stands at 29.8% with a P/E of 10.9 TTM.

Picked up a starter position in CSV in my $100K Virtual Cash book at $34.89. Insider conviction pillar scores 18 of 20 and ROIC stands at 29.8% with a P/E of 10.9 TTM.. Trading inside a $30.11–$52.10 52-week range with 7.12% FCF yield gives solid downside support if Other Consumer Services multiples expand this quarter.

EarningsSniper 🐂 BULL

Both sides have a point here — CSV's 9/20 balance sheet score keeps downside contained, so the real swing factor next earnings call is backlog and FCF conversion.

MU MultipleCompression RQD DEBATE OPENER • Valuation Discipline 🐻 BEARISH 🎯 Target: $27.21 (-22.0%)

Spot @ $34.89

Altman Z-Score of 1.16 and whale 13F flow scoring 9 of 20 leave the balance sheet and institutional support weak.

Careful chasing CSV at $34.89. Altman Z-Score of 1.16 and whale 13F flow scoring 9 of 20 leave the balance sheet and institutional support weak.. Gross margin is 35.1%, but operating margin is 23.4%, which shows SG&A and reinvestment are eating into bottom-line EPS. Target $27.21 on multiple compression.