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SCI

Service Corporation International

SCI

Service Corporation International NYSE
$79.43 0.51% (+0.40)

Market Cap $11.13 B
52w High $88.91
52w Low $71.75
Dividend Yield 1.26%
P/E 21.41
Volume 419.00K
Outstanding Shares 140.18M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.058B $39.152M $117.473M 11.102% $0.84 $237.466M
Q2-2025 $1.065B $46.979M $122.865M 11.532% $0.87 $312.644M
Q1-2025 $1.074B $39.73M $142.88M 13.301% $0.99 $335.461M
Q4-2024 $1.093B $43.677M $151.354M 13.847% $1.05 $351.566M
Q3-2024 $1.014B $40.217M $117.827M 11.621% $0.81 $295.515M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $241.339M $18.362B $16.794B $1.567B
Q2-2025 $255.386M $17.98B $16.42B $1.56B
Q1-2025 $235.323M $17.316B $15.664B $1.651B
Q4-2024 $218.766M $17.379B $15.701B $1.678B
Q3-2024 $185.42M $17.406B $15.779B $1.627B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $117.522M $252.28M $-150.184M $-125.852M $-26.032M $177.422M
Q2-2025 $122.924M $166.433M $-100.491M $-37.331M $34.283M $65.574M
Q1-2025 $142.927M $311.147M $-90.744M $-205.694M $14.837M $224.046M
Q4-2024 $151.398M $264.117M $-136.35M $-88.886M $32.763M $151.847M
Q3-2024 $117.861M $263.795M $-248.774M $-15.592M $528K $162.836M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Product
Product
$560.00M $490.00M $520.00M $520.00M
Product and Service Other
Product and Service Other
$100.00M $100.00M $270.00M $280.00M
Service
Service
$440.00M $480.00M $440.00M $430.00M

Five-Year Company Overview

Income Statement

Income Statement SCI’s revenue has been fairly steady over the past several years, with a noticeable boost during the pandemic that has since eased back toward more normal levels. Profitability remains solid, but earnings are no longer growing the way they did at the peak of pandemic-related demand. Margins are still healthy for a service business, yet net income has drifted down from its high point, suggesting more of a mature, stable earnings profile than a strong growth story. Overall, the income statement points to a resilient, cash-generative business with modest growth and normalization after an unusually strong period.


Balance Sheet

Balance Sheet The balance sheet shows a large base of long-lived funeral home and cemetery assets, supported by moderate but meaningful debt. Total assets have grown gradually, helped by acquisitions and investments, while equity remains relatively small compared to the total asset base, which is typical for a highly consolidated, acquisition-driven operator. Cash on hand is modest, implying reliance on steady cash flow and credit markets rather than large cash reserves. The structure is workable for a stable, defensive business, but it does mean leverage and interest costs are ongoing considerations.


Cash Flow

Cash Flow SCI generates consistent operating cash flow year after year, which is one of its key strengths. Free cash flow remains solidly positive even after funding regular investments in properties, facilities, and technology. Capital spending has been rising as the company upgrades and expands its network, but this has not pushed cash flow into a stressed position. Overall, the cash flow profile looks durable and supports both reinvestment and ongoing financial obligations, with room for shareholder returns depending on management’s priorities and the deal pipeline.


Competitive Edge

Competitive Edge SCI holds a dominant position in a fragmented, highly localized industry. Its scale, national Dignity Memorial brand, and multi-brand strategy give it cost advantages and strong name recognition. High regulatory barriers, significant capital needs, and the emotional nature of funeral services all make it difficult for new entrants or smaller players to dislodge entrenched providers. SCI’s acquisition strategy further consolidates its lead by bringing independent funeral homes into its network. The main risks are regulatory changes, reputational issues, and the need to maintain local-level service quality while operating at national scale.


Innovation and R&D

Innovation and R&D While this is not a traditional tech or R&D-heavy sector, SCI is actively modernizing its offerings and operations. The company is investing in digital tools for pre-planning, online arrangements, and virtual memorials, aiming to match changing consumer preferences. Partnerships with technology providers are improving customer communications and back-end efficiency. Its focus on personalized services, targeted brands for different communities, and a very large pre-need program shows innovation in product design and sales channels rather than in physical R&D. These efforts are intended to deepen customer relationships and secure future business well in advance.


Summary

SCI looks like a mature, steady cash-generating business operating in a defensive, necessity-based industry. Earnings and revenue have normalized after pandemic-era highs but remain solid, with strong underlying cash flow. The balance sheet is asset-heavy and carries notable debt, reflecting a strategy built on acquisitions and long-lived cemetery and funeral assets. The company’s largest strengths lie in its scale, brand, and entrenched position in an industry with high barriers to entry and strong customer loyalty. At the same time, growth depends heavily on continued acquisitions, effective integration, and success in expanding pre-need and digital offerings, all while maintaining a trusted, compassionate reputation in a sensitive line of business.