CSV
Carriage Services, Inc.
CSV has the edge over RIVN overall, supported by stronger valuation and lower modeled downside.
RIVN
Rivian Automotive, Inc.
RIVN offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
CSV Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
CSV's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
RIVN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
RIVN's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
CSV PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 8.5x | $27.90 | — |
| Current | 9.5x | $27.90 | — |
| Cheap | 12x | $35.73 | +28% |
| Fair | 16x | $45.74 | +64% |
| Expensive | 40x | $116 | +317% |
Historical ranges are pointers, not guarantees.
CSV's PE is in its cheap range at 9.5x. On analysts' estimates for next year's earnings, today's price would be 8.5x.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
CSV Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect CSV's profitability to weaken, with its earnings and revenue holding steady. However, they disagree widely on these estimates.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RIVN has the edge over CSV on the outlook, with more favorable earnings and revenue expectations.
CSV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.28 | +12% |
| Q3 2026 | $2.93 | -5.8% |
| Q2 2026 | $2.78 | -17% |
| Q1 2026 | $2.75 | -8% |
| Q4 2025 | $3.25 | +55% |
| Q3 2025 | $3.11 | +40% |
| Q2 2025 | $3.33 | +76% |
| Q1 2025 | $2.99 | +48% |
| Q4 2024 | $2.10 | -1.9% |
CSV has the edge over RIVN on earnings quality, reporting a profit while its opponent remains loss making.
RIVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.25 | +$0.83 |
| Q2 2026 | -$2.58 | +$0.62 |
| Q1 2026 | -$2.92 | +$0.77 |
| Q4 2025 | -$3.07 | +$1.62 |
| Q3 2025 | -$3.08 | +$2.52 |
| Q2 2025 | -$3.20 | +$2.76 |
| Q1 2025 | -$3.69 | +$2.08 |
| Q4 2024 | -$4.69 | +$1.05 |
RIVN is still losing money, but far less than before: $2.25 per share over the past year, against $7.40 at its worst in late 2022.
CSV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $100.3M | -2.4% |
| Q2 2026 | $102.9M | +0.8% |
| Q1 2026 | $106.1M | -0.9% |
| Q4 2025 | $105.5M | +8% |
| Q3 2025 | $102.7M | +2% |
| Q2 2025 | $102.1M | -0.2% |
| Q1 2025 | $107.1M | +3.5% |
| Q4 2024 | $97.7M | -1.1% |
CSV's revenue grew through 2023 and has held roughly level since: $100M last quarter, down 2.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +2.3 points |
| Q2 2026 | 23% | -0.2 points |
| Q1 2026 | 24% | -5.7 points |
| Q4 2025 | 23% | +1.8 points |
| Q3 2025 | 17% | -5.7 points |
| Q2 2025 | 23% | +5.5 points |
| Q1 2025 | 29% | +11 points |
| Q4 2024 | 22% | -2.6 points |
CSV has the edge over RIVN on profitability, with a higher operating margin.
RIVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +13% |
| Q1 2025 | $1.2B | +3% |
| Q4 2024 | $1.7B | +32% |
RIVN has the edge over CSV on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | +22 points |
| Q2 2026 | -50% | +35 points |
| Q1 2026 | -64% | -11 points |
| Q4 2025 | -65% | -27 points |
| Q3 2025 | -63% | +71 points |
| Q2 2025 | -86% | +33 points |
| Q1 2025 | -53% | +70 points |
| Q4 2024 | -38% | +82 points |
RIVN's operating margin was −41% last quarter, up 22 points from the same quarter a year ago, near the top of its range since 2021.
CSV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.9M | +5.1% |
| Q2 2026 | $2.2M | -58% |
| Q1 2026 | $11M | +3.5% |
| Q4 2025 | $6.2M | +27% |
| Q3 2025 | $18M | +11% |
| Q2 2025 | $5.2M | +$6.6M |
| Q1 2025 | $10.6M | -34% |
| Q4 2024 | $4.9M | -44% |
CSV has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
RIVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1B | -$703M |
| Q2 2026 | -$849M | -$451M |
| Q1 2026 | -$1.1B | -$549M |
| Q4 2025 | -$1.1B | -234% |
| Q3 2025 | -$421M | +$732M |
| Q2 2025 | -$398M | +$639M |
| Q1 2025 | -$526M | +$997M |
| Q4 2024 | $856M | +$2.3B |
RIVN has burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
CSV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -87K shares |
| 1 year | +0.1% | +23K shares |
| 3 years | +1.6% | +241K shares |
| 5 years | -14% | -2.5M shares |
| Available history | -12% | -2.3M shares |
CSV has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $11M |
| Q1 2022 | $25.7M |
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has 1.4B diluted shares, up 19% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
CSV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.0x | Very low |
| Q1 2026 | 0.0x | Very low |
| Q4 2025 | 0.0x | Very low |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | 0.0x | Very low |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | 0.0x | Very low |
CSV has more cash than debt.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CSV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.6 | Neutral |
| Stochastic | 19.8 | Oversold |
CSV's weekly RSI is 34 (neutral) and its Stochastic is 20 (oversold).
RIVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 25.6 | Neutral |
RIVN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
CSV PE vs Consumer Cyclical Sector
| Metric | CSV | Sector median | Relative |
|---|---|---|---|
| PE | 9.5x | 18x | 47% below |
| PE % | 2 | 47 | 45 pts below |
CSV is trading at 9.5x earnings, a 47% discount to the Consumer Cyclical sector's median of 18x.
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
CSV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.4 | 14% below |
| 20 week MA | $34.5 | 19% below |
| 50 week MA | $40.0 | 30% below |
| 100 week MA | $41.2 | 32% below |
| 200 week MA | $35.2 | 21% below |
CSV is in a downtrend: it's below all five of its weekly moving averages, and 21% below its 200-week average.
RIVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 3.9% below |
| 20 week MA | $15.1 | 15% below |
| 50 week MA | $15.9 | 19% below |
| 100 week MA | $14.7 | 13% below |
| 200 week MA | $15.1 | 15% below |
RIVN is in a downtrend: it's below all five of its weekly moving averages, and 15% below its 200-week average.
CSV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.7 | $30.8 | +20% |
| 2021 | $30.8 | $62.7 | +103% |
| 2022 | $62.7 | $27.5 | -56% |
| 2023 | $27.5 | $25.0 | -9% |
| 2024 | $25.0 | $39.9 | +59% |
| 2025 | $39.9 | $42.1 | +5.6% |
| 2026 YTD | $42.1 | $27.9 | -34% |
CSV has the edge over RIVN on returns for 2026, with the stronger performance.
RIVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $130.0 | $96.8 | -25% |
| 2022 | $96.8 | $19.1 | -80% |
| 2023 | $19.1 | $23.5 | +23% |
| 2024 | $23.5 | $13.7 | -42% |
| 2025 | $13.7 | $20.9 | +53% |
| 2026 YTD | $20.9 | $12.8 | -39% |
RIVN has finished lower in three of the last five years. It's down 39% so far in 2026.