Carriage Services Inc Net Assets
Carriage Services Inc net assets. Based on the latest financial reports, Carriage Services Inc (CSV) has net assets worth $279.37 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.37 Billion) and total liabilities ($1.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore CSV year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $279.37 Million |
| % of Total Assets | 20.45% |
| Annual Growth Rate | 4.34% |
| 5-Year Change | 99.02% |
| 10-Year Change | 43.14% |
| Growth Volatility | 35.0 |
Net Assets of Carriage Services Inc (1996–2025)
Net assets of Carriage Services Inc from 1996 to 2025. This chart illustrates how Carriage Services Inc's net assets have evolved over time, based on quarterly financial data. See how leveraged is Carriage Services Inc's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Carriage Services Inc (1996–2025)
The table below shows the annual net assets of Carriage Services Inc from 1996 to 2025. For live market cap and overall valuation, see CSV market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $254.78 Million | +22.17% |
| 2024-12-31 | $208.55 Million | +20.51% |
| 2023-12-31 | $173.06 Million | +26.20% |
| 2022-12-31 | $137.13 Million | +7.12% |
| 2021-12-31 | $128.01 Million | -46.77% |
| 2020-12-31 | $240.50 Million | +6.15% |
| 2019-12-31 | $226.57 Million | +2.29% |
| 2018-12-31 | $221.49 Million | +12.06% |
| 2017-12-31 | $197.66 Million | +11.05% |
| 2016-12-31 | $177.99 Million | +12.94% |
| 2015-12-31 | $157.59 Million | -12.39% |
| 2014-12-31 | $179.88 Million | +15.32% |
| 2013-12-31 | $155.97 Million | +15.52% |
| 2012-12-31 | $135.02 Million | +6.50% |
| 2011-12-31 | $126.78 Million | +5.94% |
| 2010-12-31 | $119.67 Million | +10.58% |
| 2009-12-31 | $108.22 Million | +4.55% |
| 2008-12-31 | $103.51 Million | -62.03% |
| 2007-12-31 | $272.61 Million | +113.71% |
| 2006-12-31 | $127.56 Million | -1.49% |
| 2005-12-31 | $129.49 Million | +11.21% |
| 2004-12-31 | $116.44 Million | +9.92% |
| 2003-12-31 | $105.93 Million | +7.55% |
| 2002-12-31 | $98.49 Million | +20.42% |
| 2001-12-31 | $81.79 Million | -51.41% |
| 2000-12-31 | $168.34 Million | -44.46% |
| 1999-12-31 | $303.10 Million | +49.98% |
| 1998-12-31 | $202.10 Million | +79.48% |
| 1997-12-31 | $112.60 Million | +51.55% |
| 1996-12-31 | $74.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carriage Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 30171600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Carriage Services Inc Net Assets Breakdown (December 2025)
Carriage Services Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $294.72 Million | 115.68% |
| Common Stock | $274.00K | 0.11% |
| Total Equity | $254.78 Million | 100.00% |
Carriage Services Inc Competitors by Market Cap
The table below lists competitors of Carriage Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Risun Intelligent Technology Co. Ltd. A
SHG:688215
|
$425.72 Million |
|
Tianjin Pengling Rubber Hose Co Ltd
SHE:300375
|
$425.80 Million |
|
Ningbo Bird Co Ltd
SHG:600130
|
$425.82 Million |
|
Shanghai Xujiahui Commercial Co Ltd
SHE:002561
|
$425.87 Million |
|
Baotou Dongbao Bio-Tech Co Ltd
SHE:300239
|
$425.64 Million |
|
Zhejiang Jianye Chemical Co Ltd
SHG:603948
|
$425.61 Million |
|
Oriental Union Chemical Corp
TW:1710
|
$425.52 Million |
|
Wild Bunch AG
F:WBAH
|
$425.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carriage Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 208,550,000 to 254,776,000, a change of 46,226,000 (22.2%).
- Net income of 51,507,000 contributed positively to equity growth.
- Dividend payments of 7,025,000 reduced retained earnings.
- Share repurchases of 1,718,000 reduced equity.
- Other factors increased equity by 3,462,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $51.51 Million | +20.22% |
| Dividends Paid | $7.03 Million | -2.76% |
| Share Repurchases | $1.72 Million | -0.67% |
| Other Changes | $3.46 Million | +1.36% |
| Total Change | $- | 22.17% |
Book Value vs Market Value Analysis
This analysis compares Carriage Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.06x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $8.75 | $26.80 | x |
| 1997-12-31 | $10.60 | $26.80 | x |
| 1998-12-31 | $14.64 | $26.80 | x |
| 1999-12-31 | $18.87 | $26.80 | x |
| 2000-12-31 | $10.48 | $26.80 | x |
| 2001-12-31 | $4.66 | $26.80 | x |
| 2002-12-31 | $5.63 | $26.80 | x |
| 2003-12-31 | $5.95 | $26.80 | x |
| 2004-12-31 | $6.38 | $26.80 | x |
| 2005-12-31 | $5.26 | $26.80 | x |
| 2006-12-31 | $5.10 | $26.80 | x |
| 2007-12-31 | $5.48 | $26.80 | x |
| 2008-12-31 | $5.35 | $26.80 | x |
| 2009-12-31 | $6.10 | $26.80 | x |
| 2010-12-31 | $6.67 | $26.80 | x |
| 2011-12-31 | $6.89 | $26.80 | x |
| 2012-12-31 | $7.41 | $26.80 | x |
| 2013-12-31 | $6.97 | $26.80 | x |
| 2014-12-31 | $9.85 | $26.80 | x |
| 2015-12-31 | $8.61 | $26.80 | x |
| 2016-12-31 | $10.19 | $26.80 | x |
| 2017-12-31 | $11.16 | $26.80 | x |
| 2018-12-31 | $12.05 | $26.80 | x |
| 2019-12-31 | $12.58 | $26.80 | x |
| 2020-12-31 | $13.30 | $26.80 | x |
| 2021-12-31 | $7.01 | $26.80 | x |
| 2022-12-31 | $8.73 | $26.80 | x |
| 2023-12-31 | $11.20 | $26.80 | x |
| 2024-12-31 | $13.50 | $26.80 | x |
| 2025-12-31 | $16.30 | $26.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carriage Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.34%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 5.28x
- Recent ROE (20.22%) is above the historical average (6.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -0.40% | -0.74% | 0.31x | 1.77x | $-7.73 Million |
| 1997 | 3.82% | 5.56% | 0.28x | 2.47x | $-6.96 Million |
| 1998 | 4.70% | 8.13% | 0.25x | 2.31x | $-10.71 Million |
| 1999 | 3.53% | 6.35% | 0.31x | 1.78x | $-19.61 Million |
| 2000 | -78.41% | -81.18% | 0.23x | 4.22x | $-148.83 Million |
| 2001 | 11.03% | 5.54% | 0.24x | 8.24x | $844.20K |
| 2002 | 20.67% | 13.15% | 0.22x | 7.17x | $10.47 Million |
| 2003 | 6.25% | 4.39% | 0.22x | 6.60x | $-3.97 Million |
| 2004 | 7.93% | 6.15% | 0.27x | 4.85x | $-2.41 Million |
| 2005 | 0.92% | 0.57% | 0.27x | 5.92x | $-8.75 Million |
| 2006 | -1.47% | -0.94% | 0.27x | 5.86x | $-11.05 Million |
| 2007 | 7.74% | 4.93% | 0.27x | 5.71x | $-2.41 Million |
| 2008 | 0.25% | 0.15% | 0.32x | 5.41x | $-10.09 Million |
| 2009 | 6.51% | 3.97% | 0.29x | 5.72x | $-3.77 Million |
| 2010 | 6.75% | 4.37% | 0.28x | 5.61x | $-3.89 Million |
| 2011 | 5.50% | 3.66% | 0.28x | 5.31x | $-5.70 Million |
| 2012 | 8.45% | 5.59% | 0.28x | 5.47x | $-2.10 Million |
| 2013 | 12.37% | 9.02% | 0.29x | 4.79x | $3.70 Million |
| 2014 | 8.81% | 7.00% | 0.27x | 4.60x | $-2.15 Million |
| 2015 | 13.23% | 8.60% | 0.29x | 5.31x | $5.09 Million |
| 2016 | 11.00% | 7.89% | 0.28x | 4.97x | $1.78 Million |
| 2017 | 18.82% | 14.41% | 0.28x | 4.66x | $17.43 Million |
| 2018 | 5.26% | 4.35% | 0.29x | 4.14x | $-10.50 Million |
| 2019 | 6.41% | 5.30% | 0.24x | 4.99x | $-8.12 Million |
| 2020 | 6.69% | 4.88% | 0.29x | 4.76x | $-7.96 Million |
| 2021 | 25.90% | 8.82% | 0.32x | 9.21x | $20.36 Million |
| 2022 | 30.18% | 11.18% | 0.31x | 8.70x | $27.67 Million |
| 2023 | 19.31% | 8.73% | 0.30x | 7.33x | $16.11 Million |
| 2024 | 15.80% | 8.15% | 0.32x | 6.14x | $12.10 Million |
| 2025 | 20.22% | 12.34% | 0.31x | 5.28x | $26.03 Million |
Industry Comparison
This section compares Carriage Services Inc's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $224,548,878
- Average return on equity (ROE) among peers: 32.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carriage Services Inc (CSV) | $279.37 Million | -0.40% | 3.89x | $425.65 Million |
| Andersen Group Inc. (ANDG) | $177.50 Million | 66.86% | 1.08x | $841.84 Million |
| Bright Horizons Family Solutions Inc (BFAM) | $186.24 Million | 14.67% | 0.59x | $2.82 Billion |
| Click Holdings Limited (CLIK) | $-80.07K | 0.00% | 0.00x | $1.99 Million |
| E-Home Household Service Holdings Ltd (EJH) | $8.03 Million | 100.24% | 0.46x | $3.78 Million |
| Smart Share Global Ltd ADR (EM) | $850.01 Million | 19.60% | 1.38x | $253.44 Million |
| Frontdoor Inc (FTDR) | $560.00 Million | 22.14% | 1.28x | $5.54 Billion |
| H&R Block Inc (HRB) | $135.28 Million | -5.56% | 35.94x | $5.76 Billion |
| Inspire Veterinary Partners, Inc. (IVP) | $-869.09K | 0.00% | 0.00x | $4.05 Million |
| MEDIFAST INC (MED) | $104.83 Million | 74.32% | 0.86x | $135.17 Million |
About Carriage Services Inc
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates through 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; cremation services; and… Read more