Carriage Services delivered strong fourth-quarter results with an 8% revenue increase and a 24.2% rise in GAAP diluted EPS. Growth was primarily driven by a 9.6% increase in funeral operating revenue and an 18.4% increase in cemetery operating revenue, supported by higher contract volumes and robust preneed cemetery sales production.
Carriage Services reported a strong second quarter in 2025, with significant GAAP net income and diluted EPS growth compared to the prior year. Despite the impact of first-quarter divestitures, total revenue remained flat due to organic growth strategies. The company is re-entering its acquisition strategy with new businesses under contract, leading to an updated and raised full-year guidance.
Carriage Services announced robust first-quarter 2025 financial results, with total revenue reaching $107.1 million, a 3.5% increase year-over-year. Net income surged by 200.1% to $20.9 million, and adjusted diluted EPS grew by 28.0% to $0.96. The company also reduced its leverage ratio and divested non-core assets.
Carriage Services announced its Q4 and full-year 2024 results, exceeding full-year guidance for adjusted consolidated EBITDA and adjusted EPS. While Q4 saw a slight decrease in total revenue and net income, the company achieved significant growth in consolidated cemetery preneed sales and improved its leverage ratio. The full year 2024 performance was strong, with total revenue reaching the high end of the guidance range.
Carriage Services reported strong Q3 2024 results, with revenue reaching $100.7 million, an 11.3% increase year-over-year. Net income grew by 112.4%, and adjusted diluted EPS increased by 94%. The company also increased its full-year 2024 outlook.
Carriage Services reported a 4.8% increase in revenue to $102.3 million, driven by a 31.1% increase in consolidated cemetery preneed sales and a 4.0% increase in consolidated funeral average. Adjusted diluted EPS increased by 18.9% to $0.63. The company increased its full-year 2024 guidance for total revenue, adjusted consolidated EBITDA, and adjusted diluted EPS.
Carriage Services reported an 8.4% increase in total revenue, driven by a 38.4% increase in cemetery preneed sales. The company also saw improvements in adjusted consolidated EBITDA and margin due to cost management initiatives.
Carriage Services reported a 5.2% increase in total revenue for the fourth quarter and a 3.3% increase for the full year. The company saw a 25.0% surge in preneed cemetery sales production for the fourth quarter and a 19.6% increase for the full year. Adjusted consolidated EBITDA increased by 13.2% over the prior year quarter, with margin expansion of 230 basis points.
Carriage Services reported a 15.5% growth in cemetery operating revenue, leading to a $3.0 million increase in total revenue. Adjusted consolidated EBITDA increased by $1.4 million, and adjusted free cash flow saw a 30% increase. The company also paid down $16.7 million of debt.
Carriage Services reported a 7.8% increase in total revenue, driven by strong growth in cemetery and funeral segments. Adjusted consolidated EBITDA increased by 13.3%, and adjusted diluted EPS was $0.53.
Carriage Services' first quarter 2023 results exceeded expectations despite challenges from a high-performing prior year influenced by the COVID-19 pandemic. The company's cemetery operating revenue increased, and it completed the acquisition of Greenlawn Funeral Homes and Cemeteries.
Carriage Services reported strong Q4 2022 results, exceeding internal expectations with improved trends in all segments and a nearly 25% increase in net income compared to 2021. The company is focused on debt reduction and integrating recent acquisitions while building on sales organization momentum. Full year 2023 guidance was also provided.
Carriage Services reported a decrease in total revenue and adjusted diluted EPS for the third quarter of 2022, with revenue at $87.5 million, a 7.9% decrease, and adjusted diluted EPS at $0.45, a 45.1% decrease. The company is experiencing lower volumes, revenues, earnings, and margins comparisons across much of its funeral and cemetery portfolios, a downtrend that accelerated in September.
Carriage Services reported a record second quarter revenue of $90.6 million, a 2.6% increase year-over-year. GAAP Diluted EPS increased by 309.1% to $0.69, while Adjusted Diluted EPS decreased by 9.4% to $0.58. The company invested $176.7 million to repurchase 3.6 million shares since the bond refinancing on May 13, 2021.
Carriage Services reported record quarterly revenue of $98.2 million, GAAP diluted EPS of $1.00, and adjusted diluted EPS of $0.92 for the first quarter ended March 31, 2022. The company invested $26 million to repurchase 490,000 shares at an average purchase price of $53.08.
Carriage Services reported a record fourth quarter with revenue of $95.9 million, a 6.5% increase, and Adjusted Diluted EPS of $0.78, a 36.8% increase, despite a tough comparison to the previous year's spike in COVID-19 deaths. GAAP Diluted EPS for the fourth quarter was $0.77, essentially equal to Adjusted Diluted EPS.
Carriage Services reported a record third quarter with revenue of $95.0 million and adjusted diluted EPS of $0.82. The company invested $53.2 million to repurchase 1,203,493 shares and increased its Intrinsic Value Roughly Right Range to $65 to $75 per share.
Carriage Services reported a record second quarter with significant increases in total revenue, same store cemetery revenue, and adjusted diluted EPS, driven by strong performance in both funeral and cemetery segments and successful refinancing of senior notes.
Carriage Services reported a record first quarter, with Total Revenue increasing by 24.7% to $96.6 million, Field EBITDA increasing by 52.1% to $45.8 million, and Adjusted Diluted EPS increasing by 131.4% to $0.81.
Carriage Services reported record fourth-quarter revenue of $90.1 million, a 26.6% increase compared to the previous year. Adjusted diluted EPS also reached a record $0.57, up 103.6% from Q4 2019. The company's performance was driven by increased funeral and cemetery revenues, as well as financial revenue.
Carriage Services announced record third quarter results, including record revenue of $84.4 million, record adjusted consolidated EBITDA of $27.7 million, and record adjusted EPS of $0.51. The company also reduced debt by $37.5 million and raised its four-quarter outlook and annual dividend.
Carriage Services reported record second-quarter results, driven by transformative high performance amidst the Coronavirus Pandemic. Total revenue reached $77.5 million, a 14.4% increase, and adjusted diluted EPS was $0.45, a 45.2% increase. The company also raised its four-quarter outlook.
Carriage Services reported a 12.2% increase in total revenue to $77.5 million for the first quarter ended March 31, 2020. However, the company experienced a net loss of $4.2 million and a decrease in adjusted net income by 10.8% to $6.1 million.
Carriage Services reported a 7.0% increase in total revenue for Q4 2019, reaching $71.1 million, and a net income increase of 196.7% to $2.6 million, with diluted earnings per share rising by 200.0% to $0.14.