Death Care Index flat Year-to-Date. . . .Carriage Services shows share price growth

September 8, 2025/Finance/

There is no doubt that while many investors (and President Trump) have waited for the Federal Reserve to set lower interest rates going forward and negotiated tariff rates lots of other investors have simply stayed invested and have found gains in the stocks of the S&P 500, the Dow Jones Industrial Average, and Nasdaq. Those indexes have returned gains of 10.4%, 7.1%, and 12.6% respectively year-to-date (up to September 5) in 2025.

And, of course, if you had invested in the Morningstar Global Next Generation Artificial Intelligence Index, that you can read about here, your investment would have grown 26.4% year-to-date up to September 5.

However, if you had put your money into the four stocks that comprise the Funeral Director Daily Death Care Index (DCI) from January 2 to September 5, 2025, you would be sitting on a negative return of just less than 1% for the same time period. The unscientific Death Care Index is comprised of owning one share of stock of each of four public companies that have at least a portion of their revenues coming from Death Care.

Those stocks are Service Corporation International, Carriage Services, Matthews International, and Security National Financial Corporation (SNFC). The DCI had a cumulative value on January 2, 2025 of $155.13 and on September 5, 2025, virtually two-thirds through the calendar year, the DCI rests at a cumulative value of $153.88 — for a decrease in value of just under 1%.

Here’s a graphic of the information contained above:

Carriage Services bucks the trend — Carriage Services stock value increased in the time period from $39.02 per share to $42.74 per share, an increase of 9.53%. As you can see from the chart above they were the only DCI stock to have a measurable gain for 2025’s first eight months.

This article from Yahoo Finance reports keys that management mentioned in their 2nd Quarter 2025 remarks that led to that increase. Included among those key factors were:

Funeral Segment volume growth
Strong Preneed sales momentum
Overhead Cost reductions
Portfolio repositioning — The divestiture of non-core assets (presumably funeral home and cemetery facilities) coupled with the acquisitions of “higher growth, high-margin properties” (presumably funeral home and cemetery facilities).

Disclaimer-– The author of this article for Funeral Director Daily is a shareholder of Service Corporation International, Carriage Services, and Security National Financial Corporation.

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