Services was Carriage Services’s largest segment in fiscal 2025, bringing in $171.12M of $363.97M (47%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property & Merchandise Revenue | — | — | — | — | ||||||
| Services | $163.90M | $163.60M | $163.70M | $171.12M | ||||||
| Merchandise | $89.05M | $85.80M | $81.04M | $76.65M | ||||||
| Cemetery Interment Rights | $58.61M | $67.31M | $88.41M | $94.75M | ||||||
| Other Revenue | $13.95M | $15.48M | $18.38M | $21.45M | ||||||
| Total | $325.51M | $332.19M | $351.53M | $363.97M |
Carriage Services brought in $363.97M from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 3.5% from $351.53M in fiscal 2024. Services was the largest at $171.12M (47.0%), ahead of Cemetery Interment Rights at $94.75M (26.0%) and Merchandise at $76.65M (21.1%). The remaining segment, Other Revenue, brought in $21.45M.
Compared with fiscal 2024, Other Revenue grew fastest, up 16.7% to $21.45M, while Merchandise fell the most, down 5.4% to $76.65M. From fiscal 2022 to 2025, combined revenue from these segments grew from $325.51M to $363.97M, a compound annual growth rate of 3.8%. Services' share of the total fell from 50.4% to 47.0%.
Funeral Home was Carriage Services’s largest segment in fiscal 2025, bringing in $171.12M of $265.87M (64%).
| Statement Business Segments | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funeral Home | $163.90M | $163.60M | $163.70M | $171.12M | ||||||||||||
| Funeral | — | — | — | — | ||||||||||||
| Cemetery | $58.61M | $67.31M | $88.41M | $94.75M | ||||||||||||
| Total | $222.52M | $230.91M | $252.11M | $265.87M |
Carriage Services brought in $265.87M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $363.97M it reports by segment, so these segments do not cover all of its revenue. Funeral Home was the largest at $171.12M (64.4%), ahead of Cemetery at $94.75M (35.6%).
Compared with fiscal 2024, Cemetery grew 7.2% to $94.75M and Funeral Home grew 4.5% to $171.12M.
Service Revenue was Carriage Services’s largest segment in fiscal 2017, bringing in $116.24M of $199.63M (58%).
| Business Segments | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Service Revenue | $97.38M | $104.97M | $108.62M | $116.24M | ||||
| Goods Revenue | $66.88M | $71.40M | $37.68M | $76.16M | ||||
| Financial Revenue | $8.12M | $8.44M | $26.63M | $7.23M | ||||
| Total | $172.38M | $184.81M | $172.93M | $199.63M |
Carriage Services brought in $199.63M from its three segments in fiscal 2017, the year ended December 31, 2017. That was up 15.4% from $172.93M in fiscal 2016. Service Revenue was the largest at $116.24M (58.2%), ahead of Goods Revenue at $76.16M (38.2%) and Financial Revenue at $7.23M (3.6%).
Compared with fiscal 2016, Goods Revenue grew fastest, up 102.1% to $76.16M, while Financial Revenue fell the most, down 72.8% to $7.23M. From fiscal 2014 to 2017, combined revenue from these segments grew from $172.38M to $199.63M, a compound annual growth rate of 5.0%. Service Revenue's share of the total rose from 56.5% to 58.2%.
Carriage Services (CSV) reports its revenue by segment, by statement business segments and by business segments. In fiscal 2025, Services was its largest segment, bringing in $171.12M (47.0% of the total), followed by Cemetery Interment Rights at $94.75M (26.0%).
Services was Carriage Services' largest segment in fiscal 2025, bringing in $171.12M, or 47.0% of the $363.97M total across its four segments.
Among Carriage Services' segments that make up at least 2% of revenue, Other Revenue grew fastest in fiscal 2025, up 16.7% from $18.38M to $21.45M.
Every figure comes from Carriage Services' annual financial filings, as reported. Each line keeps the name Carriage Services gives it, and years follow its fiscal calendar.
Carriage Services' revenue by segment goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.