Carriage Services Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	51.51	32.95	33.41	41.38	33.16
Depreciation & Amortization	25.71	23.05	21.42	20.19	21.21
Other Amortization	0.51	2.36	2.31	1.95	1.7
Loss (Gain) From Sale of Assets	-3.51	1.98	0.74	2.03	0.85
Asset Writedown & Restructuring Costs	2.88	0.6	0.45	-	-
Stock-Based Compensation	7.81	6.52	7.7	5.96	5.51
Provision & Write-off of Bad Debts	3.58	3.35	3.05	2.82	1.78
Other Operating Activities	4.54	-1.12	1.56	-0.4	23.03
Change in Accounts Receivable	-28.15	-24.62	-8.12	-5.36	-4.09
Change in Inventory	-1.69	1.06	-0.07	2.3	-4.45
Change in Accounts Payable	-0.37	1.62	0.17	-0.1	0.52
Change in Unearned Revenue	-1.75	6.87	14.97	1.3	5.01
Change in Other Net Operating Assets	-0.38	-2.62	-2	-11.03	0.02
Operating Cash Flow	60.69	52	75.59	61.02	84.25
Operating Cash Flow Growth	16.73%	-31.21%	23.87%	-27.57%	1.60%
Capital Expenditures	-20.63	-16.1	-18.04	-26.08	-24.88
Cash Acquisitions	-59.03	-	-44	-31.28	-3.29
Divestitures	44.48	10.96	1.03	1.73	2.68
Sale (Purchase) of Real Estate	-	1.1	2.6	0.7	5.2
Other Investing Activities	-	0.4	1.4	2.44	7.76
Investing Cash Flow	-35.17	-3.64	-57	-52.49	-12.54
Long-Term Debt Issued	137.53	54.9	86.1	155.4	661.67
Long-Term Debt Repaid	-148.94	-98.06	-98.87	-120.98	-563.28
Net Debt Issued (Repaid)	-11.42	-43.16	-12.77	34.42	98.39
Issuance of Common Stock	1.72	2.63	1.49	1.75	2.64
Repurchase of Common Stock	-8.28	-0.59	-0.25	-36.99	-142.69
Common Dividends Paid	-7.03	-6.81	-6.71	-6.76	-7.26
Other Financing Activities	-	-0.78	-	-0.92	-22.53
Financing Cash Flow	-25	-48.72	-18.23	-8.51	-71.45
Net Cash Flow	0.52	-0.36	0.35	0.02	0.26
Free Cash Flow	40.07	35.9	57.55	34.94	59.36
Free Cash Flow Growth	11.61%	-37.62%	64.70%	-41.14%	-12.34%
Free Cash Flow Margin	9.60%	8.88%	15.04%	9.44%	15.79%
Free Cash Flow Per Share	2.56	2.33	3.72	2.22	3.25
Cash Interest Paid	-	30.63	34.68	24.46	24.13
Cash Income Tax Paid	-	16.65	10.45	9.71	16.11
Levered Free Cash Flow	44.72	53.03	44.02	23.74	57.53
Unlevered Free Cash Flow	61.93	71.91	65.47	38.88	72.34
Change in Working Capital	-32.34	-17.7	4.94	-12.89	-2.99

Source: S&P Global Market Intelligence. Standard template. Financial Sources.