Carriage Services Inc (NYSE: CSV) is a death care services company that owns and operates funeral homes and cemeteries across the United States. Revenue is generated through at-need and preneed sales of funeral services, cremation services, burial merchandise, and cemetery property including interment rights, markers, and vaults. The company operates in a highly fragmented industry alongside Service Corporation International and Park Lawn Corporation, among other regional and independent operators. Based on the 10-K filed 2026-02-26 for the fiscal year ended, Carriage Services operates a portfolio of funeral home and cemetery businesses, with preneed contracts providing a recurring backlog of future revenue. The death care industry is non-cyclical by nature, with demand driven by mortality rates rather than economic conditions. Carriage Services has historically grown through acquisition of independent funeral homes and cemeteries.

Source: SEC 10-K, filed 2026-02-26

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