Service Corporation International SCI

Consumer DiscretionaryPersonal & Household Products & ServicesUnited States of America

Last close 76.37 USD on Nov 1, 2026, −0.7% year to date

Quant rating

Quant rating C Rank 198 of 344 in Consumer Discretionary

Growth C 203 of 344
Valuation B 114 of 344
Quality B 124 of 344
Revisions D 260 of 344
Momentum C 203 of 344

Wall Street consensus Buy (1.71)Average target 95.73 USD +25.4%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 10.4B
Enterprise value: 15.4B
52-week range: 68.42 – 90.82
3-year range: 53.52 – 90.82
Dividend yield: 1.89%
Beta (5 years): 0.78
Shares outstanding: 136M
Next earnings: Feb 11, 2027

About the company

Service Corporation International is a provider of funeral, cemetery and cremation services, as well as final arrangement planning in advance. Its diversified portfolio of brands provides families and individuals a range of choices to meet their needs, from simple cremations to full life celebrations and personalized remembrances. Its Dignity Memorial brand is a transcontinental brand of deathcare products and services. It owns and operates over 1,493 funeral service locations and 496 cemeteries (of which 308 are combination locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other related businesses. Its cemeteries provide cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	4,309	4,186	4,100	4,109	4,143	–
Revenue growth	2.9%	2.1%	−0.2%	−0.8%	18.0%	4.2%
EPS (basic, normalized)	3.85	3.53	3.47	3.80	4.57	–
EPS growth	9.1%	1.7%	−8.7%	−16.8%	–	–
Gross margin	26.5%	26.1%	26.6%	28.1%	31.9%	27.8%
Net margin	12.6%	12.4%	13.1%	13.8%	19.4%	14.2%
ROE	32.7%	32.2%	33.4%	31.6%	43.9%	34.8%

Balance sheet, last quarter
Cash & short-term investments (mil)	173
Current ratio	0.40x
Long-term debt (mil)	4,978
Net debt (mil)	5,001
Total equity (mil)	1,575
Net debt / equity	3.18x
Net debt / EBITDA	4.09x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	4,309	+2.9%	3.6x	1,223	−2.3%	12.6x	3.85	+9.1%	19.8x
2026	4,467	+3.7%	3.4x	1,347	+10.2%	11.4x	4.03	+4.8%	18.9x
2027	4,620	+3.4%	3.3x	1,398	+3.7%	11.0x	4.40	+9.0%	17.4x
2028	4,813	+4.2%	3.2x	1,466	+4.9%	10.5x	4.83	+9.9%	15.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	4,467	0.0%	+0.3%	+0.9%	4.03	−3.8%	−3.5%	−2.9%
2027	4,620	−0.2%	+0.2%	+0.6%	4.40	−4.3%	−4.1%	−4.0%
2028	4,813	−0.8%	−0.3%	+0.4%	4.83	−5.0%	−5.0%	−4.7%

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	1,045	1,034	1,014	1,093	1,074	1,065	1,058	1,112	1,096	1,103
Sales mean (mil)	1,017	1,027	1,016	1,084	1,060	1,051	1,042	1,117	1,097	1,081
Surprise	+2.7%	+0.7%	−0.2%	+0.9%	+1.3%	+1.3%	+1.5%	−0.5%	0.0%	+2.1%
EPS reported	0.89	0.79	0.79	1.06	0.96	0.88	0.87	1.14	0.97	0.90
EPS mean	0.85	0.87	0.77	1.05	0.91	0.85	0.83	1.15	1.00	0.88
Surprise	+4.7%	−8.8%	+2.1%	+1.1%	+5.7%	+3.5%	+4.8%	−0.4%	−3.5%	+2.5%

Peer comparison Personal & Household Products & Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
SCI Service Corporation International	10.4B	4.09x	12.6%	6.60x	18.9x	17.4x	11.4x	11.0x
MATW Matthews International Corp	602M	2.82x	−1.6%	1.24x	52.6x	29.7x	7.1x	6.4x
CSV Carriage Services Inc	554M	4.11x	12.2%	1.98x	10.4x	9.5x	8.1x	7.6x
Mean		3.68x	7.7%	3.27x	27.3x	18.8x	8.9x	8.4x
Median		4.09x	12.2%	1.98x	18.9x	17.4x	8.1x	7.6x

Technical analysis

1M−0.9%
3M−9.7%
1Y−3.8%
3Y+49.7%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Service Corporation International, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	4,309	4,186	4,100	4,109	4,143	3,512
Cost of revenue	3,169	3,096	3,008	2,954	2,820	2,535
Gross profit	1,140	1,091	1,092	1,155	1,323	977
Selling, general & administrative expenses	160	139	157	237	158	141
Research & development	–	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	2.8	24.0	−8.7	−8.5	−19.9	11.4
Other operating expenses	0	0	0	0	0	0
Operating income	978	928	943	926	1,185	824
Net interest income (expense)	−255	−258	−239	−172	−151	−163
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	7.6	5.5	4.9	1.6	10.7	0.8
Net income before taxes	730	675	709	756	1,046	662
Provision for taxes	187	157	171	190	242	146
Minority interest	−0.2	−0.1	−0.3	−0.7	−0.3	−0.2
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	543	519	537	565	803	516
Extraordinary items	–	–	–	–	–	–
Net income	543	519	537	565	803	516
EBIT, normalized	980	952	934	918	1,166	836
EBITDA, normalized	1,321	1,280	1,246	1,205	1,443	1,094
Basic EPS, normalized	3.85	3.53	3.47	3.80	4.57	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Service Corporation International, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	244	219	222	192	269	231
Receivables	105	98.1	220	104	120	96.7
Total inventory	35.2	33.3	33.6	31.7	25.9	23.9
Prepaid expenses	20.4	20.7	18.5	5.0	4.6	4.6
Other current assets	7.1	6.5	4.5	27.4	22.2	20.1
Total current assets	412	377	498	360	441	376
Property, plant & equipment	5,001	4,761	4,552	4,340	4,207	4,068
Goodwill	2,169	2,081	1,977	1,946	1,915	1,880
Intangibles	474	512	485	481	472	441
Long-term investments	9,759	8,893	8,131	7,280	8,012	7,166
Note receivable	7.1	8.3	8.5	6.8	5.3	6.4
Other long-term assets	832	746	703	653	639	577
Total assets	18,655	17,379	16,355	15,066	15,691	14,515
Liabilities
Accounts payable	234	203	203	178	204	186
Payable/accrued	19.0	13.8	63.6	76.9	–	–
Accrued expenses	406	392	382	413	416	357
Short-term debt	26.2	30.2	36.6	39.7	39.0	32.4
Current portion of long-term debt	56.8	83.8	63.3	90.7	65.0	228
Other current liabilities	3.7	0.7	0.1	1.1	3.8	11.6
Total current liabilities	746	724	749	799	728	816
Long-term debt	5,083	4,751	4,649	4,251	3,901	3,514
Minority interest	0.6	0.7	0.2	0.2	0	−0.1
Other liabilities	11,187	10,225	9,416	8,342	9,152	8,433
Total liabilities	17,016	15,701	14,814	13,393	13,782	12,763
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	142	147	148	156	167	171
Additional paid-in capital	987	987	938	958	979	982
Retained earnings (accumulated deficit)	499	554	432	544	727	561
Treasury stock	−2.3	−2.0	−2.0	−2.1	−3.7	–
Other equity	12.4	−7.2	24.9	16.5	40.2	39.4
Total equity	1,638	1,678	1,541	1,673	1,909	1,753
Total liabilities & shareholders' equity	18,655	17,379	16,355	15,066	15,691	14,515

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Service Corporation International, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	543	519	538	566	803	516
Depreciation, depletion & amortization	340	328	311	288	277	258
Deferred taxes	41.0	7.5	192	3.5	−5.8	7.9
Non-cash items	29.7	48.7	24.8	28.4	12.0	44.6
Changes in working capital	−11.1	41.9	−196	−59.9	−166	−22.4
Cash from operations	943	945	869	826	921	804
Investing activities
Capital expenditures	−389	−389	−362	−370	−304	−222
Other investing cash flows	−160	−232	−108	−78.2	−111	−96.2
Cash from investing	−548	−621	−469	−448	−415	−318
Financing activities
Financing cash flow items	49.3	−15.4	−7.5	−0.5	−13.6	−14.5
Cash dividends paid	−184	−174	−168	−160	−147	−137
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−240	−130	−206	−287	−305	−341
Cash from financing	−375	−320	−381	−448	−466	−493
Foreign exchange effects	5.3	−7.7	1.7	−3.9	−0.1	2.8
Net change in cash	25.1	−3.4	20.2	−74.0	39.9	−4.0
Free cash flow	554	556	507	456	617	582

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.