HOUSTON, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the fourth quarter and year ended December 31, 2025. Company Fourth Quarter and Full Year Highlights: GAAP diluted EPS of $0.77 compared to $0.62 in the prior year quarter, resulting in an increase of 24.2%; Adjusted diluted EPS of $0.75 compared to $0.62 in the prior year quarter, resulting in an increase of 21.0%; Total revenue grew 8.0% over the prior year quarter, primarily driven by an increase in funeral operating contract volume of 6.8% and a 25.5% growth in preneed cemetery sales production; GAAP diluted EPS of $3.25 compared to $2.10 in the prior year, resulting in growth of 54.8%; Adjusted diluted EPS of $3.20 compared to $2.65 in the prior year, resulting in an increase of 20.8%; Total revenue grew 3.3% over the prior year, primarily driven by a 2.3% increase in funeral operating contract volume and 13.4% growth in preneed cemetery sales production; Financial revenue increased 17.7% over the prior year, primarily driven by a 27.4% increase in insurance-funded preneed funeral contracts sold resulting in an increase in general agency commission revenue; Completed the strategic acquisition of two businesses that generated more than $15 million in revenue in 2024 and divested certain non-core assets throughout the year driving our leverage ratio down to 4.0x; The Company's guidance for 2026 is $440-$450 million in total revenue, adjusted consolidated EBITDA of $135-140 million, adjusted diluted EPS of $3.35-$3.55 and adjusted free cash flow of $40-$50 million, which assumes $25-$30 million in capital expenditures.
