Carriage Services vs Driven Brands
Driven Brands reported revenue of $1.9 billion in fiscal 2025, 4.5 times Carriage Services' $417 million in fiscal 2025. Carriage Services' revenue grew 3.3% in its latest year, and Driven Brands' grew 6.3%. Carriage Services had an operating margin of 23.4%, against 12.4% at Driven Brands. Free cash flow was $40 million at Carriage Services and $108 million at Driven Brands. Their fiscal years end in different months (December 31 and December 27), so the periods don't line up exactly.
Side by side
| Carriage Services | Driven Brands | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 27, 2025 |
| Revenue | $417M | $1.9B |
| Revenue growth | 3.3% | 6.3% |
| Revenue growth a year, last 5 years | 4.8% | 15.5% |
| Gross margin | 35.1% | — |
| Operating margin | 23.4% | 12.4% |
| Net margin | 12.3% | 7.5% |
| Free cash flow | $40M | $108M |
| Free cash flow margin | 9.6% | 5.8% |
| Return on capital | 29.3% | 8.1% |
| Net debt to EBITDA | 0.1x | 5.8x |
| Dividends and buybacks | $7M | $0M |
| Change in diluted share count | 1.2% | 1.6% |
| Last close | $26.80 | $11.89 |
| P/E at the last close | 9.1× | 11.9× |
| Insider trades, last 12 months | — | — |
| Piotroski F-score | 6 of 9 | 6 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Carriage ServicesDriven Brands
Operating margin
Percent of revenue
Carriage ServicesDriven Brands
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Carriage ServicesDriven Brands
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Carriage Services and Driven Brands pages.