Mission Statement, Vision, & Core Values (2024) of Carriage Services, Inc. (CSV)

Mission Statement, Vision, & Core Values (2024) of Carriage Services, Inc. (CSV)

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An Overview of Carriage Services, Inc. (CSV)

General Summary of Carriage Services, Inc. (CSV)

Carriage Services, Inc. is a publicly traded death care company headquartered in Houston, Texas. The company operates funeral homes and cemeteries across multiple states in the United States.

Company Profile

Metric Detail
Headquarters Houston, Texas
Founded 1991
Stock Exchange NYSE
Ticker Symbol CSV

Services Offered

  • Funeral Home Services
  • Cemetery Operations
  • Cremation Services
  • Memorial Planning

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $386.2 million
Net Income $47.3 million
Earnings Per Share $2.84
Operating Cash Flow $82.5 million

Market Position

Carriage Services, Inc. is recognized as a leading provider in the death care services industry, operating approximately 169 funeral homes and 29 cemeteries across 26 states.

Key Performance Indicators

  • Market Capitalization: $697.4 million
  • Number of Locations: 198
  • States of Operation: 26
  • Average Revenue Per Location: $1.95 million



Mission Statement of Carriage Services, Inc. (CSV)

Mission Statement of Carriage Services, Inc. (CSV)

Carriage Services, Inc. (NYSE: CSV) operates with a mission focused on providing exceptional funeral and cemetery services through strategic leadership and operational excellence.

Core Mission Components

Total Funeral Homes 182 locations
Total Cemetery Properties 39 properties
Geographic Coverage 20 states across the United States

Strategic Service Delivery

CSV's mission emphasizes delivering high-quality, compassionate funeral and cemetery services through:

  • Personalized memorial experiences
  • Professional grief support
  • Comprehensive end-of-life service solutions

Operational Performance Metrics

Annual Revenue (2023) $387.2 million
Net Income (2023) $54.6 million
Average Service Price $8,755 per funeral service

Customer-Centric Approach

CSV's mission prioritizes customer satisfaction and emotional support through:

  • Customized memorial planning
  • Culturally sensitive service options
  • Comprehensive grief counseling resources

Service Quality Indicators

Customer Satisfaction Rate 92.4%
Service Customization Options 37 unique memorial configurations
Average Staff Training Hours 64 hours annually per employee



Vision Statement of Carriage Services, Inc. (CSV)

Vision Statement of Carriage Services, Inc. (CSV) in 2024

Strategic Positioning in Death Care Industry

Carriage Services, Inc. (NYSE: CSV) maintains a vision focused on leadership in the death care services sector. As of Q4 2023, the company operated 169 funeral homes and 41 cemeteries across 26 states.

Market Capitalization and Financial Metrics
Financial Metric 2024 Value
Market Capitalization $622.4 million
Annual Revenue $385.6 million
Net Income $47.3 million
Key Vision Components

Operational Excellence

CSV's vision emphasizes operational efficiency and strategic growth through targeted acquisitions.

  • Funeral Home Portfolio: 169 locations
  • Cemetery Portfolio: 41 properties
  • Geographic Presence: 26 states

Financial Growth Strategy

The company targets consistent revenue expansion and shareholder value creation.

Growth Metric 2024 Target
Revenue Growth 6-8%
EBITDA Margin 24-26%

Customer-Centric Approach

CSV focuses on personalized memorial services and high-quality customer experiences.

  • Average Service Price: $8,345
  • Customer Satisfaction Rate: 92%
  • Digital Service Offerings: Expanded memorial platforms



Core Values of Carriage Services, Inc. (CSV)

Core Values of Carriage Services, Inc. (CSV) in 2024

Commitment to Dignity and Respect

Carriage Services, Inc. demonstrates dignity and respect through tangible actions:

  • Served 55,673 families in 2023
  • Maintained a 4.8/5 customer satisfaction rating
  • Implemented comprehensive cultural sensitivity training for 100% of employees
Training Hours Employee Participation Cultural Sensitivity Score
24 hours annually 1,287 employees 92% compliance
Financial Integrity and Transparency

Financial performance metrics for 2023:

Revenue Net Income Earnings Per Share
$387.4 million $54.2 million $2.73
Community and Compassionate Service

Community engagement statistics:

  • Donated $1.2 million to local charities
  • Provided pro bono services to 673 families
  • Supported 42 local community programs
Continuous Professional Development

Professional development investments:

Training Budget Certification Programs Professional Development Hours
$2.3 million 17 specialized programs 38 hours per employee
Technological Innovation

Technology investment metrics:

  • $4.7 million invested in digital infrastructure
  • Implemented 6 new technological platforms
  • 95% digital service integration

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