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Carriage Services (Carriage Services) Retained Earnings : $210.3 Mil (As of Dec. 2023)


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What is Carriage Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Carriage Services's retained earnings for the quarter that ended in Dec. 2023 was $210.3 Mil.

Carriage Services's quarterly retained earnings increased from Jun. 2023 ($194.0 Mil) to Sep. 2023 ($198.6 Mil) and increased from Sep. 2023 ($198.6 Mil) to Dec. 2023 ($210.3 Mil).

Carriage Services's annual retained earnings increased from Dec. 2021 ($135.5 Mil) to Dec. 2022 ($176.8 Mil) and increased from Dec. 2022 ($176.8 Mil) to Dec. 2023 ($210.3 Mil).


Carriage Services Retained Earnings Historical Data

The historical data trend for Carriage Services's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carriage Services Retained Earnings Chart

Carriage Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.21 102.30 135.46 176.84 210.26

Carriage Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 176.84 185.69 193.97 198.62 210.26

Carriage Services Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Carriage Services  (NYSE:CSV) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Carriage Services (Carriage Services) Business Description

Traded in Other Exchanges
Address
3040 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056
Carriage Services Inc is a leading provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum crypts, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
Executives
Julie Sanders director 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 300, HOUSTON TX 77056
Somer Webb director C/O SOLO BRANDS, INC., 1001 MUSTANG DRIVE, GRAPEVILLE TX 76051
Charles Fargason director 11510 QUAIL HOLLOW LANE, HOUSTON TX 77024
Melvin C Payne director, officer: CEO 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Paul Donald Elliott other: Regional Partner 5219 LAURELWOOD, KINGWOOD TX 77345
Shane Pudenz officer: VP of Sales and Marketing 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 200, HOUSTON TX 77056
Lance Kian Granmayeh officer: EVP, CFO and Treasurer 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Adeola Olaniyan other: Principal Accounting Officer 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Steven D Metzger other: Senior VP and General Counsel 6332 SCHILLER STREET, HOUSTON TX 77055
Carlos R. Quezada officer: VP of Cemetery Sales/Marketing 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Carl Benjamin Brink officer: Principal Financial Officer 28634 PLEASANT FOREST DRIVE, KATY TX 77056
Robbie Pape other: Sr. VP & Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Peggy Schappaugh officer: VP of Operations & Acquistions 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Shawn R Phillips other: Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056