Carriage Services
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
17.30
Price/Sales ratio
1.91
Earnings per Share (EPS)
$2.64

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
23.9520.5624.1511.3623.9231.4934.7833.839.8811.0817.2331.49
Price/Sales ratio
1.671.761.901.631.031.661.692.981.100.961.491.03
Price/Book Value ratio
2.102.722.652.131.252.012.328.762.982.133.021.25
Price/Cash Flow ratio
10.378.599.569.345.6612.426.7513.316.704.8910.605.66
Price/Free Cash Flow ratio
29.4330.4517.9414.657.8221.348.2618.8911.706.4315.267.82
Price/Earnings Growth ratio
-1.260.5814.010.12-0.331.273.130.300.21-0.577.06-0.33
Dividend Yield
0.48%0.42%0.52%0.87%1.97%1.17%1.08%0.64%1.65%1.81%1.12%1.17%
Profitability Indicator Ratios
Gross Profit Margin
30.95%31.96%32.09%29.75%28.33%29.03%32.15%34.45%32.20%32.49%35.79%28.33%
Operating Profit Margin
17.56%20.06%20.22%18.95%16.15%19.07%23.92%24.91%21.53%21.16%21.49%16.15%
Pretax Profit Margin
10.03%14.26%12.98%12.69%6.81%8.17%7.47%11.78%15.45%12.13%12.70%6.81%
Net Profit Margin
7.00%8.59%7.88%14.40%4.34%5.30%4.88%8.82%11.17%8.73%8.54%4.34%
Effective Tax Rate
31.95%39.71%39.26%-13.45%36.24%35.16%34.70%25.15%27.64%28.03%32.72%35.16%
Return on Assets
1.91%2.49%2.21%4.03%1.26%1.28%1.40%2.81%3.46%2.63%2.72%1.26%
Return On Equity
8.80%13.23%11.00%18.81%5.25%6.41%6.69%25.90%30.17%19.30%18.81%5.25%
Return on Capital Employed
4.99%6.08%5.97%5.56%4.90%4.77%7.18%8.37%6.94%6.65%7.18%4.90%
Liquidity Ratios
Current Ratio
1.110.900.740.700.831.110.73N/AN/AN/A0.721.11
Quick Ratio
0.950.750.600.550.640.920.580.540.660.650.580.92
Cash ratio
0.010.010.070.020.010.020.010.010.020.020.020.01
Days of Sales Outstanding
31.0927.3630.5729.0427.5633.8727.8128.5224.6126.6528.0127.56
Days of Inventory outstanding
12.3712.5013.3113.1212.8313.1111.8510.8811.0711.7911.5113.11
Operating Cycle
43.4739.8743.8842.1640.4046.9839.6639.4135.6838.4539.5246.98
Days of Payables Outstanding
15.1317.5122.0813.1718.9815.7818.3821.0416.9816.7721.0518.98
Cash Conversion Cycle
28.3422.3521.8028.9921.4131.1921.2818.3618.7021.6818.4731.19
Debt Ratios
Debt Ratio
0.330.380.380.380.390.430.390.470.490.450.420.39
Debt Equity Ratio
1.532.041.891.791.622.171.874.334.283.362.721.62
Long-term Debt to Capitalization
0.590.660.640.630.610.680.640.810.810.760.730.61
Total Debt to Capitalization
0.600.670.650.640.610.680.650.810.810.770.730.61
Interest Coverage Ratio
3.113.473.212.831.852.022.40N/AN/AN/A2.551.85
Cash Flow to Debt Ratio
0.130.150.140.120.130.070.180.150.100.120.100.07
Company Equity Multiplier
4.605.314.974.664.144.984.769.208.697.326.434.14
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.160.200.190.170.180.130.250.220.160.190.130.13
Free Cash Flow / Operating Cash Flow Ratio
0.350.280.530.630.720.580.810.700.570.760.700.58
Cash Flow Coverage Ratio
0.130.150.140.120.130.070.180.150.100.120.100.07
Short Term Coverage Ratio
3.714.073.722.6221.1111.6823.2529.99109.9519.6796.0121.11
Dividend Payout Ratio
11.61%8.72%12.72%9.97%47.34%37.14%37.58%21.90%16.34%20.07%19.52%37.14%