Carriage Services, Inc. (CSV)

Carriage Services Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	370.85	351.66	343.24	348.29	304.61	257.07
Other Revenue	34.48	30.86	26.93	27.59	24.83	17.04
Revenue	405.33	382.52	370.17	375.89	329.45	274.11
Revenue Growth (YoY)	7.34%	3.34%	-1.52%	14.10%	20.19%	2.28%
Cost of Revenue	247.06	244.06	237.63	233.76	210.52	182.15
Gross Profit	158.27	138.46	132.54	142.13	118.93	91.96
Selling, General & Admin	57.49	42.13	37.47	35.19	27.25	25.88
Operating Expenses	71.39	56.29	50.79	47.8	40.26	39.67
Operating Income	86.88	82.17	81.76	94.33	78.67	52.29
Interest Expense	-34.12	-36.27	-25.9	-25.47	-32.73	-25.76
Other Non Operating Income (Expenses)	1.6	1.72	3.4	-0.08	0.15	-0.15
EBT Excluding Unusual Items	54.35	47.62	59.26	68.78	46.09	26.38
Impairment of Goodwill	-	-	-0.45	-	-13.6	-0.7
Gain (Loss) on Sale of Assets	-2.18	-0.74	0.49	-	-6.75	-3.88
Asset Writedown	-0.64	-0.45	-1.91	-0.67	-1.09	-0.26
Other Unusual Items	-	-	-0.19	-23.81	-0.01	-
Pretax Income	51.64	46.43	57.19	44.3	24.64	22.42
Income Tax Expense	16.9	13.02	15.81	11.15	8.55	7.88
Earnings From Continuing Operations	34.74	33.41	41.38	33.16	16.09	14.53
Net Income	34.74	33.41	41.38	33.16	16.09	14.53
Preferred Dividends & Other Adjustments	0.42	0.31	0.03	0.05	0.05	0.06
Net Income to Common	34.32	33.11	41.36	33.11	16.04	14.47
Net Income Growth	15.81%	-19.26%	24.80%	106.08%	10.71%	24.80%
Shares Outstanding (Basic)	15	15	15	17	18	18
Shares Outstanding (Diluted)	15	15	16	18	18	18
Shares Change (YoY)	-0.25%	-1.62%	-13.99%	1.05%	0.40%	-2.01%
EPS (Basic)	2.30	2.24	2.78	1.90	0.90	0.81
EPS (Diluted)	2.23	2.14	2.63	1.81	0.89	0.80
EPS Growth	15.90%	-18.63%	45.30%	103.37%	11.25%	26.98%
Free Cash Flow	39.78	57.55	34.94	59.36	67.72	27.84
Free Cash Flow Per Share	2.58	3.72	2.22	3.25	3.75	1.55
Dividend Per Share	0.450	0.450	0.450	0.412	0.338	0.300
Dividend Growth	0%	0%	9.09%	22.22%	12.50%	0%
Gross Margin	39.05%	36.20%	35.81%	37.81%	36.10%	33.55%
Operating Margin	21.43%	21.48%	22.09%	25.09%	23.88%	19.08%
Profit Margin	8.47%	8.65%	11.17%	8.81%	4.87%	5.28%
Free Cash Flow Margin	9.81%	15.05%	9.44%	15.79%	20.55%	10.16%
EBITDA	110.08	103.89	102.14	115.53	98.78	70.73
EBITDA Margin	27.16%	27.16%	27.59%	30.74%	29.98%	25.80%
D&A For EBITDA	23.2	21.72	20.39	21.21	20.11	18.44
EBIT	86.88	82.17	81.76	94.33	78.67	52.29
EBIT Margin	21.43%	21.48%	22.09%	25.09%	23.88%	19.08%
Effective Tax Rate	32.73%	28.03%	27.65%	25.16%	34.70%	35.17%
Revenue as Reported	405.33	382.52	370.17	375.89	329.45	274.11

Source: S&P Capital IQ. Standard template. Financial Sources.