undamentalytics Newsletter

Service Corp International (SCI) stock

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NYSE: SCI NYSE Specialized Consumer Services Next results ~February 10, 2027

B Fundamentals grade

Service Corp International is a US-listed company in the specialized consumer services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$73

Cash-flow model

Base case. Range ~$45–$110 across our lower- and higher-growth cases (-2.1%–7.9% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 7% above our base value.

Price used: $77.66, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Service Corp International files

10-Q filed October 29: Service

Service Corp International's revenue reached $4.42bn in the twelve months to September 2026, up 3.0% on a year earlier and little changed from the pace a quarter earlier. Free-cash-flow margin held steady at 15.4%. A 3.4% reduction in the diluted share count over the year has lifted the value of each remaining share. The fundamentals grade has improved from C+ to B. Our model value is barely moved, at $67.46 a share, well below the current price of $72.68. The rating stays Hold. At that price, the market appears to be pricing in cash-flow growth of about 3.9% a year over five years, well ahead of the 1.3% a year revenue growth the company has actually delivered.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Service stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $4.37bn, up 2.9% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin held at 14.5%. The diluted share count is down 3.4% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 0 of our 6 financial-health checks. Our cash-flow model value is $41.62 a share, against a share price of $82.18. At that price, our model says the market is pricing in about 10.2% a year of cash-flow growth for five years, faster than the 1.1% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 10, 2027 (estimated)

Service Corp International's trailing-twelve-month revenue grew 3.0% year on year, with a free-cash-flow margin of 15.4%. Where it stands out: stock pay as % of revenue of 0.4% ranks 2 of 16 specialized consumer services companies we cover.

Our discounted-cash-flow model values the business at ~$73 per share in the base case (~$45–$110 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free-cash-flow margin near historical high: TTM FCF margin of 15.4% is in the 92nd percentile of its own history.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Shrinking share count. Diluted shares fell 3.4% in a year, so each share owns more of the business.

Things to watch

  • Insiders selling. 6 insiders sold $39M of stock over the past 365 days and none bought (0% under pre-set trading plans).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$0.90 against an average estimate of $0.89: beat by 1.4%
Revenue
$1.11bn, up 4.6% on a year earlier
Share reaction
-8.9% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Guidance given
adjusted earnings per share $4.1 to $4.3 (2026); net cash provided by operating activities excluding special items and cash taxes $1,175m to $1,235m (Revised 2026 Outlook)
Next report
October 28, 2026; average EPS estimate $0.99

Service Corp International's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.7%
  • 1 week-5.7%
  • 1 month+0.7%
  • This year+1.0%
  • 1 year-5.3%
  • 5 years+23.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4.4B
Operating margin
22.7%
Net margin
12.7%
EPS (TTM, diluted)
$4.03

Growth

Revenue growth
+3.0%
Change in growth rate
+0.1 pts
Share count change
−3.4%

Cash

Free cash flow (TTM)
$681M
FCF margin
15.4%
Stock pay % of revenue
0.4%

Earnings

Last results
October 28, 2026
Next results (est.)
February 10, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Dividend
  3. Announcement
  4. Insider trade
  5. Insider trade
  6. Insider trade
  7. Results
  8. Announcement
  9. Guidance

    Guidance issued: adjusted earnings per share of $4.10 to $4.30 for the 2026

    The company also guided to net cash provided by operating activities excluding special items and cash taxes of $1,175.00m to $1,235.00m for the Revised 2026 Outlook; net cash provided by operating activities excluding special items of $1,055.00m to $1,115.00m for the Revised 2026 Outlook.

    Company results release

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 3.8% a year of cash-flow growth for five years.That is close to the 1.3% a year revenue growth Service Corp International has delivered.

  • Priced in3.8%
  • Last 12 months3.0%
  • 3 years a year2.8%
  • 5 years a year1.3%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($77.64, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$73
Price used
$77.64close November 3, 2026
Implied change
▼ 7%
Uncertainty
High

How we got here: a discounted-cash-flow model of Service Corp International's free cash flow after stock-based pay with after-tax interest added back ($844M, FY2026 Q3 TTM), growing 3.5% and 3.1% in the next two years (forecasts, guidance and its record), then back to 2.9% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$45–~$110 ; that spread sets a 35% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Service Corp International's free cash flow after stock-based pay ( $844M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Service Corp International as an operating company, with every model that fits that kind of business. Cost of equity 7.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.61 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$73 ~$45–$110 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$53 ~$42–$84 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$91 ~$65–$130 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$76 ~$62–$96 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$73 ~$53–$91 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Service Corp International with Specialized Consumer Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −37%
  • Revenue growth 5 points higher ▲ +49%
  • Free-cash-flow margin 1 point lower ▼ −7%
  • Last year's free-cash-flow margin change, if it persists ▲ +7%
  • Discount rate 1 point higher ▼ −21%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $53$85$127$183$256$350
8.5% $32$55$86$126$178$244
10% $19$37$61$91$131$182

Valuation multiples over time Market data may be delayed

Service Corp International: market value and multiples by fiscal year
At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$21.69$24.15$32.28$35.43$41.17$44.70$65.63$64.94$65.42$77.47$76.93$77.66
Market value$4.4bn$4.7bn$6.2bn$6.6bn$7.6bn$8.0bn$11.2bn$10.4bn$10.0bn$11.4bn$11.0bn$10.8bn
+ Net debt (− = net cash)$3.0bn$3.1bn$3.2bn$3.4bn$3.4bn$3.6bn$3.7bn$4.1bn$4.5bn$4.6bn$4.9bn$5.0bn
Enterprise value$7.5bn$7.9bn$9.4bn$10.1bn$11.1bn$11.6bn$14.9bn$14.5bn$14.5bn$16.0bn$15.9bn$15.8bn
Multiples
Price / sales 1.5x1.6x2.0x2.1x2.4x2.3x2.7x2.5x2.4x2.7x2.5x2.4x
Price / earnings 19.0x26.7x11.4x14.8x20.7x15.5x13.9x18.4x18.5x21.9x20.2x19.2x
Price / free cash flow 13.8x16.0x21.5x17.4x19.6x13.7x18.1x22.8x19.6x19.9x19.8x15.9x
EV / EBITDA 10.8x11.9x13.0x12.8x13.5x11.6x11.0x13.2x12.7x14.1x13.3x12.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

60 /100

Moderate moat

How hard Service Corp International's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Net income has been a median 3.0% of total assets over 10 years.

  • Pricing power 9 / 20

    Gross margin has been a median 25.9%, moving by 2.6 percentage points (standard deviation) across 10 years.

  • Durability 17 / 20

    Operating margin has been a median 22.2%; its worst year was 18.5%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 10 of 10 years, at a median 13.3% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 19.1% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (65 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Service Corp International: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $4.19 +9% $4.5bn +4%
Next $4.58 +9% $4.6bn +4%

Next year's EPS estimate has moved +0.7% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.5% on 90 days ago. In the last 30 days, 4 analysts raised Service Corp International's forecast and 1 cut it.

Consensus EPS forecast Service Corp International, last 90 days
$4.00 $4.20 $4.40 $4.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.13 Current fiscal year, 60 days ago: $4.19 Current fiscal year, 30 days ago: $4.19 Current fiscal year, 7 days ago: $4.19 Current fiscal year, Now: $4.19 $4.19 Next fiscal year, 90 days ago: $4.55 Next fiscal year, 60 days ago: $4.60 Next fiscal year, 30 days ago: $4.60 Next fiscal year, 7 days ago: $4.60 Next fiscal year, Now: $4.58 $4.58

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.13$4.55
60 days ago $4.19$4.60
30 days ago $4.19$4.60
7 days ago $4.19$4.60
Now $4.19$4.58

Earnings against estimates

Service Corp International: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.89 $0.90 +1.4%
Mar 2026 $1.00 $0.97 −2.8%
Dec 2025 $1.14 $1.14 −0.4%
Sept 2025 $0.83 $0.87 +4.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 29, 2026
  • adjusted earnings per share 2026 $4.10 to $4.30 Non-GAAP Narrowed
    “The $4.20 midpoint of our annual guidance range for 2026 detailed below is confirmed with a more narrow range expected for adjusted earnings per share of $4.10 to $4.30.” source
  • Net cash provided by operating activities excluding special items and cash taxes Revised 2026 Outlook $1,175m to $1,235m Non-GAAP Raised
    “Net cash provided by operating activities excluding special items and cash taxes (1) $1,125 - $1,185 $1,175 - $1,235” source
  • Net cash provided by operating activities excluding special items Revised 2026 Outlook $1,055m to $1,115m Non-GAAP Raised
    “Net cash provided by operating activities excluding special items (1) $1,005 - $1,065 $1,055 - $1,115” source
  • Midpoint of net cash provided by operating activities excluding special items Revised 2026 Outlook about $1,085m Non-GAAP Raised
    “Midpoint of net cash provided by operating activities excluding special items (1) $1,035 $1,085” source
  • Cash taxes expected in 2026 Revised 2026 Outlook about $120m
    “Cash taxes expected in 2026 (at the midpoint of diluted earnings per share excluding special items guidance) $120 $120” source
  • total maintenance capital expenditures 2026 about $335m Raised
    “Additionally, we increased our total maintenance capital expenditures by $10 million to $335 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Service Corp International's revenue by +3.5% next year and +3.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+3.8%, weight 65%) and the company's own record (+2.9%, weight 35%) . How the weights are set.

Analyst recommendations

6 analysts, Oct 2026
Buy6100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026246
  2. Sep 2026246
  3. Aug 2026246
  4. Jul 2026246

Counts of recommendations published by analysts covering Service Corp International, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.2%
of tradable shares
Days to cover
4.79
at average volume
Short interest, 1 month
+5%
to October 15, 2026
Held by institutions
97%
of shares
Held by insiders
3.0%
of shares
Employees
25,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −5.3%

$82.04 on October 31, 2025 to $77.66

Service Corp International: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $4.2bn $4.4bn +2.9%
Net margin 12.6% 12.3% −2.3%
P/E multiple 22.3x 20.3x −9.0%
Share count 145m 140m +3.6%

Biggest factor: p/e multiple.

Last 3 years +38.1%

$56.23 on November 3, 2023 to $77.66

Service Corp International: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $4.0bn $4.4bn +8.0%
Net margin 12.1% 12.3% +1.6%
P/E multiple 17.9x 20.3x +13.2%
Share count 156m 140m +11.3%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Service Corp International: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
SCI+47%−1%+1%+18%−1%+1%
Industry peers (median)+7%−61%−28%+8%−8%−35%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SCI67%42%58%50%42%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SCI−15%−24%−27%−11%−12%−22%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 34% from March 4, 2020 to April 3, 2020. Getting back needed a 52% gain, reached on January 25, 2021, 297 days after the low.

Price behaviour

52-week range
$68.14 – $86.93
From 52-week high
−10.7%
vs 50-day average
−2.6%
vs 200-day average
−2.2%
Volatility (1 year)
26%
Beta vs S&P 500
-0.09

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±4.5%
After a week
6 up, 5 down
typical move ±5.0%
After a month
4 up, 7 down
typical move ±5.3%
Service Corp International: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 −8.9% 0.0% — —
July 29, 2026 +0.4% +0.1% +0.4% −1.8%
April 29, 2026 −6.2% +1.0% −9.2% −12.9%
February 11, 2026 −5.6% −1.6% −3.2% −4.2%
October 29, 2025 +3.6% −1.1% +0.9% −1.7%
July 30, 2025 +0.3% −0.5% +4.0% +3.7%
April 30, 2025 −4.3% +0.7% −5.0% −2.6%
February 12, 2025 +5.3% +0.7% +1.7% +2.0%
October 30, 2024 +6.8% −2.3% +13.8% +15.9%
July 31, 2024 −6.6% +0.2% −7.5% −2.1%
May 1, 2024 −2.9% +0.6% −3.3% −0.1%
February 12, 2024 +3.7% −1.4% +5.6% +11.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Service Corp International’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Service Corp International in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Service Corp International
$4B $4.1B $4.2B $4.3B $4.4B $4.5B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $4.1B Revenue (TTM), FY24 Q1: $4.1B Revenue (TTM), FY24 Q2: $4.1B Revenue (TTM), FY24 Q3: $4.1B Revenue (TTM), FY24 Q4: $4.2B Revenue (TTM), FY25 Q1: $4.2B Revenue (TTM), FY25 Q2: $4.2B Revenue (TTM), FY25 Q3: $4.3B Revenue (TTM), FY25 Q4: $4.3B Revenue (TTM), FY26 Q1: $4.3B Revenue (TTM), FY26 Q2: $4.4B Revenue (TTM), FY26 Q3: $4.4B $4.4B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $4.1B
FY24 Q1 $4.1B
FY24 Q2 $4.1B
FY24 Q3 $4.1B
FY24 Q4 $4.2B
FY25 Q1 $4.2B
FY25 Q2 $4.2B
FY25 Q3 $4.3B
FY25 Q4 $4.3B
FY26 Q1 $4.3B
FY26 Q2 $4.4B
FY26 Q3 $4.4B
Revenue growth, TTM YoY Service Corp International
-1% 0% 1% 2% 3% 4% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -0.2% Revenue growth, TTM YoY, FY24 Q1: 2.3% Revenue growth, TTM YoY, FY24 Q2: 2.2% Revenue growth, TTM YoY, FY24 Q3: 1.9% Revenue growth, TTM YoY, FY24 Q4: 2.1% Revenue growth, TTM YoY, FY25 Q1: 2.4% Revenue growth, TTM YoY, FY25 Q2: 2.6% Revenue growth, TTM YoY, FY25 Q3: 3.4% Revenue growth, TTM YoY, FY25 Q4: 2.9% Revenue growth, TTM YoY, FY26 Q1: 2.8% Revenue growth, TTM YoY, FY26 Q2: 2.9% Revenue growth, TTM YoY, FY26 Q3: 3.0% 3.0%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -0.2%
FY24 Q1 2.3%
FY24 Q2 2.2%
FY24 Q3 1.9%
FY24 Q4 2.1%
FY25 Q1 2.4%
FY25 Q2 2.6%
FY25 Q3 3.4%
FY25 Q4 2.9%
FY26 Q1 2.8%
FY26 Q2 2.9%
FY26 Q3 3.0%
Operating margin (TTM) Service Corp International
21.5% 22% 22.5% 23% 23.5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 23.0% Operating margin (TTM), FY24 Q1: 22.6% Operating margin (TTM), FY24 Q2: 22.2% Operating margin (TTM), FY24 Q3: 21.9% Operating margin (TTM), FY24 Q4: 22.2% Operating margin (TTM), FY25 Q1: 22.5% Operating margin (TTM), FY25 Q2: 22.4% Operating margin (TTM), FY25 Q3: 22.5% Operating margin (TTM), FY25 Q4: 22.7% Operating margin (TTM), FY26 Q1: 22.4% Operating margin (TTM), FY26 Q2: 22.4% Operating margin (TTM), FY26 Q3: 22.7% 22.7%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 23.0%
FY24 Q1 22.6%
FY24 Q2 22.2%
FY24 Q3 21.9%
FY24 Q4 22.2%
FY25 Q1 22.5%
FY25 Q2 22.4%
FY25 Q3 22.5%
FY25 Q4 22.7%
FY26 Q1 22.4%
FY26 Q2 22.4%
FY26 Q3 22.7%
FCF margin (TTM) Service Corp International
12% 13% 14% 15% 16% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 12.4% FCF margin (TTM), FY24 Q1: 12.3% FCF margin (TTM), FY24 Q2: 13.7% FCF margin (TTM), FY24 Q3: 14.4% FCF margin (TTM), FY24 Q4: 13.6% FCF margin (TTM), FY25 Q1: 15.7% FCF margin (TTM), FY25 Q2: 15.1% FCF margin (TTM), FY25 Q3: 14.6% FCF margin (TTM), FY25 Q4: 12.9% FCF margin (TTM), FY26 Q1: 13.3% FCF margin (TTM), FY26 Q2: 14.5% FCF margin (TTM), FY26 Q3: 15.4% 15.4%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 12.4%
FY24 Q1 12.3%
FY24 Q2 13.7%
FY24 Q3 14.4%
FY24 Q4 13.6%
FY25 Q1 15.7%
FY25 Q2 15.1%
FY25 Q3 14.6%
FY25 Q4 12.9%
FY26 Q1 13.3%
FY26 Q2 14.5%
FY26 Q3 15.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Service Corp International took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $4.3B
  2. Cost of revenue $3.2B · 73.5%
  3. Gross profit $1.1B · 26.5%
  4. Selling, general and admin $166M · 3.9%
  5. Operating income $978M · 22.7%
  6. Income tax $187M · 4.3%
  7. Interest and other $249M · 5.8%
  8. Net income $543M · 12.6%
Where Service Corp International's revenue went, FY2025
Revenue $4.3B
Cost of revenue $3.2B 73.5% of revenue
Gross profit $1.1B 26.5% of revenue
Selling, general and admin $166M 3.9% of revenue
Operating income $978M 22.7% of revenue
Income tax $187M 4.3% of revenue
Interest and other $249M 5.8% of revenue
Net income $543M 12.6% of revenue

Shares of revenue. Source: Service Corp International's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Service Corp International: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 2,054 2,191 2,316 2,404 2,550 2,994 2,986 3,031 3,095 3,190 3,231 3,512 4,143 4,109 4,100 4,186 4,309 4,419
Gross profit 421 449 477 523 549 676 675 677 723 760 761 992 1,323 1,155 1,092 1,091 1,140 1,144
EBITDA 435 470 482 519 510 748 692 661 724 784 818 998 1,350 1,103 1,136 1,136 1,198 1,232
Operating income 324 354 364 399 388 608 550 513 571 631 667 843 1,191 927 944 928 978 1,004
Net income 123 126 145 154 147 172 234 177 547 447 370 516 803 565 537 519 543 561
Diluted EPS $0.49 $0.50 $0.61 $0.70 $0.68 $0.81 $1.14 $0.90 $2.84 $2.39 $1.99 $2.88 $4.72 $3.53 $3.53 $3.53 $3.80 $4.03
Growth (year on year)
Revenue −4.7% +6.7% +5.7% +3.8% +6.1% +17.4% −0.3% +1.5% +2.1% +3.1% +1.3% +8.7% +18.0% −0.8% −0.2% +2.1% +2.9% +3.0%
EBITDA +6.9% +8.1% +2.4% +7.8% −1.8% +46.6% −7.5% −4.5% +9.6% +8.3% +4.2% +22.1% +35.3% −18.3% +3.0% +0.0% +5.4% +4.2%
Operating income +10.7% +9.3% +2.7% +9.8% −2.9% +56.7% −9.4% −6.7% +11.3% +10.4% +5.7% +26.4% +41.3% −22.1% +1.8% −1.8% +5.4% +4.1%
Net income +26.8% +2.7% +14.6% +6.2% −4.2% +17.1% +35.5% −24.3% +208.8% −18.2% −17.4% +39.6% +55.6% −29.6% −5.0% −3.5% +4.6% +5.0%
Diluted EPS +32.4% +2.0% +22.0% +14.8% −2.9% +19.1% +40.7% −21.1% +215.6% −15.8% −16.7% +44.7% +63.9% −25.2% 0.0% 0.0% +7.6% +8.7%
Margins
Gross margin 20.5% 20.5% 20.6% 21.7% 21.5% 22.6% 22.6% 22.3% 23.4% 23.8% 23.5% 28.3% 31.9% 28.1% 26.6% 26.1% 26.5% 25.9%
EBITDA margin 21.2% 21.5% 20.8% 21.6% 20.0% 25.0% 23.2% 21.8% 23.4% 24.6% 25.3% 28.4% 32.6% 26.8% 27.7% 27.1% 27.8% 27.9%
Operating margin 15.8% 16.2% 15.7% 16.6% 15.2% 20.3% 18.4% 16.9% 18.5% 19.8% 20.6% 24.0% 28.7% 22.6% 23.0% 22.2% 22.7% 22.7%
Net margin 6.0% 5.8% 6.3% 6.4% 5.8% 5.8% 7.8% 5.8% 17.7% 14.0% 11.4% 14.7% 19.4% 13.8% 13.1% 12.4% 12.6% 12.7%
Free-cash-flow margin 14.0% 11.7% 11.6% 10.6% 10.7% 5.8% 10.8% 9.8% 9.3% 11.9% 12.0% 16.6% 14.9% 11.1% 12.4% 13.6% 12.9% 15.4%
Cash flow
Cash from operations 372 354 388 369 385 317 472 489 503 616 629 804 921 826 869 945 943 1,082
Capital spending 84 98 118 115 113 144 151 193 215 236 240 222 304 370 362 374 389 401
Free cash flow 288 256 270 254 272 173 321 296 289 380 389 582 617 456 507 571 554 681
Stock-based pay 10 9 9 11 12 13 14 14 15 16 15 14 14 15 17 19 18 19
Free cash flow after stock pay 279 248 261 243 260 160 307 282 274 365 374 568 603 441 490 552 537 663
Balance sheet
Cash 180 171 124 89 142 177 135 195 330 199 186 231 269 192 222 219 244 173
Total debt 1,890 1,947 1,945 1,989 3,342 3,099 3,152 3,335 3,542 3,627 3,620 3,781 3,974 4,342 4,712 4,835 5,140 5,173
Net debt (negative = net cash) 1,711 1,777 1,822 1,900 3,200 2,922 3,018 3,140 3,212 3,428 3,433 3,550 3,706 4,150 4,491 4,617 4,896 5,000
Diluted shares 252m 251m 237m 219m 216m 214m 204m 196m 192m 187m 186m 179m 170m 160m 152m 147m 143m 139m
Returned to shareholders
Dividends 40 40 45 60 57 72 88 98 109 124 131 137 147 160 168 174 184 193
Buybacks 0 117 197 187 2 243 345 228 200 278 130 517 554 661 545 254 461 378
Total returned 40 157 242 247 59 314 433 326 308 401 261 654 701 821 713 428 645 571

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · September 30, 2026
What it owns · $19.1bn
Short-term assets $361mLonger-term assets $18.7bn
What it owes, and who funded it · $2.5bn
Short-term liabilities $904mShareholders' equity $1.6bn
  • Short-term assets cover short-term liabilities $361m of assets due within a year against $904m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $173m of cash against $5.2bn of debt.
  • Debt below 40% of shareholders' equity Debt is 328% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 215% to 328% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.1bn of operating cash flow against $5.2bn of debt.
  • Operating profit covers interest at least five times over Operating income of $1.0bn against $258m of interest.

From Service Corp International's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$378M
Dividends (TTM)
$193M
Returned to shareholders
84%
of free cash flow
Buybacks, last 3 fiscal years
$1.3B
Diluted share count
−3.4%
year over year
Total shareholder yield
5.4%
dividends 1.8% + buybacks 3.6% of market value
Dividend payout ratio
34%
of net income paid out

Competitors: side by side with peers

Closest by revenue in specialized consumer services
Growth, margins and cash generation against peers
Last 12 months unless stated SCI HRB ADT BFAM FTDR DASH Median
Revenue, last 12 months $4.4bn $3.9bn $5.2bn $3.1bn $2.1bn $17.1bn $222m
Revenue growth, last 12 months 3.0% 4.9% 2.1% 6.7% 9.3% 35.0% 5.8%
Revenue growth, 3-year average 2.8% 4.4% 1.7% 9.6% 7.8% 27.9% 3.7%
Revenue growth, latest quarter 4.6% 3.0% 2.0% 4.8% 4.5% 34.0% 2.8%
Gross margin 25.9% 44.3% — 22.8% 55.5% — 35.1%
Operating margin 22.7% — 25.0% 0.1% — 5.3% 2.2%
Operating margin, 3-year average 22.4% — 25.2% 6.6% — 2.8% −3.8%
Net margin 12.7% 18.6% 11.9% −4.4% 12.8% 6.2% 1.9%
Cash from operations / revenue 24.5% 21.3% 41.8% 11.6% 19.1% 17.3% 8.7%
Free-cash-flow margin 15.4% 19.2% 38.1% 8.3% 18.0% 15.8% 6.6%
Free-cash-flow margin, 3-year average 14.8% 17.8% 36.1% 8.2% 15.5% 17.9% 5.7%
Stock pay / revenue 0.4% 0.8% 1.1% 1.0% 1.8% 6.6% 1.9%
Change in share count −3.4% −6.2% 0.7% −8.6% −5.1% −1.6% 4.4%

Median of all 18 companies we cover in specialized consumer services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

18 specialized consumer services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 3.0% 6.7% 12 of 18
Change in growth rate Growth +0.1pp -1.2pp 6 of 18
Gross margin Profitability 25.9% 35.1% 9 of 14
Operating margin Profitability 22.7% 4.3% 3 of 16
Net margin Profitability 12.7% 3.1% 4 of 18
Free-cash-flow margin Cash generation 15.4% 8.3% 7 of 18
Stock pay as % of revenue Cash generation 0.4% 2.0% 2 of 16
Long-term debt as % of assets Balance sheet 26.1% 26.1% 8 of 15
Change in share count Balance sheet -3.4% 7.2% 4 of 15

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Funeral $2.4B 55.8% ▲ 3.5%
Funeral Atneed Revenue (part of Funeral) $1.2B 50.3% ▲ 2.0%
Funeral Matured Preneed Revenue (part of Funeral) $769M 32.0% ▲ 6.0%
Cemetery Atneed Revenue (part of Funeral) $436M 18.1% ▲ 0.9%
Cemetery $1.9B 44.2% ▲ 2.2%
Cemetery Recognized Preneed Property Revenue (part of Cemetery) $896M 47.1% ▲ 0.4%
Cemetery Recognized Preneed Merchandise and Service Revenue (part of Cemetery) $422M 22.2% ▲ 4.6%
Funeral Other Revenue (part of Cemetery) $226M 11.9% ▲ 6.1%
Cemetery Other Revenue (part of Cemetery) $150M 7.9% ▲ 11.6%
Nonfuneral Home Revenue (part of Cemetery) $108M 5.7% ▲ 13.6%
Non Funeral Home Preneed Sales Revenue (part of Cemetery) $93.2M 4.9% ▼ 11.0%
Products and services
Line of business Revenue YoY
Products $2.1B ▼ 1.3%
Funeral Core Revenue $2B ▲ 3.5%
Services $1.8B ▲ 4.3%
Cemetery Core Revenue $1.8B ▲ 1.5%
Other $422M ▲ 21.8%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
Consolidated Total $4.3B 100.0% ▲ 2.9%
United States (part of Consolidated Total) $4.1B 95.0% ▲ 3.2%
Canada (part of Consolidated Total) $214M 5.0% ▼ 2.1%

From Service Corp International's 10-K filed February 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$9.9B
Institutions reporting
546
Shares held vs prior quarter
▲ 1.5%
Positions opened / closed
61 / 79

Top buyers and sellers, Q2 2026: 216 institutions bought and 294 sold ; the biggest buyer was Raymond James Financial Inc (+3.9M shares) and the biggest seller Baillie Gifford & Co (−3.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.1B 14.6M 11.2% ▲ 2.3%
FMR LLC $618M 8.1M 6.3% ▲ 35.4%
Vanguard Portfolio Management LLC $528M 7.0M 5.4% ▼ 0.7%
Vanguard Capital Management LLC $455M 6.0M 4.6% ▼ 0.1%
Baillie Gifford & Co $422M 5.6M 4.3% ▼ 35.5%
T. Rowe Price Investment Management, Inc. $418M 5.5M 4.2% ▼ 17.0%
State Street Corp $334M 4.4M 3.4% 0.0%
Fil Ltd $325M 4.3M 3.3% ▲ 104.4%
Raymond James Financial Inc $317M 4.2M 3.2% ▲ 1549.9%
Swedbank AB $314M 4.1M 3.2% ▼ 1.0%
Invesco Ltd. $313M 4.1M 3.2% ▲ 13.7%
Geode Capital Management, LLC $286M 3.8M 2.9% ▲ 4.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Service Corp International's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Tanzberger Eric D Exec. VP, and CFO August 3, 2026 Sell 54,800 $86.04 $4.7M
Faulk John H SVP, COO July 31, 2026 Sell 24,600 $85.65 $2.1M
Ryan Thomas L CEO & Chairman July 31, 2026 Sell 17,498 $86.06 $1.5M
Ryan Thomas L CEO & Chairman July 31, 2026 Sell 235,893 $85.19 $20.1M
Coelho Tony Director March 10, 2026 Sell 7,700 $79.87 $614,999
Moore Tammy R VP, Chief Accounting Officer February 13, 2026 Sell 5,000 $80.48 $402,400
Nash Elisabeth G. Sr. V.P. Operations Services December 4, 2025 Sell 42,400 $76.32 $3.2M
Tanzberger Eric D Exec. VP, and CFO November 5, 2025 Sell 58 $81.38 $4,720
Tanzberger Eric D Exec. VP, and CFO November 5, 2025 Sell 80,742 $81.53 $6.6M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 46 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 15 sales of Service Corp International shares.

  • April McClain Delaney(D-MD 6):Sale (full), $50,001 - $100,000, traded August 25, 2026, filed September 9, 2026
  • April McClain Delaney(D-MD 6):Sale (partial), $1,001 - $15,000, traded August 4, 2026, filed September 9, 2026
  • April McClain Delaney(D-MD 6):Sale (partial), $1,001 - $15,000, traded August 3, 2026, filed September 9, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 10, 2027 estimated from the company's past filing pattern, not announced

  • October 28, 2026
  • July 29, 2026
  • April 29, 2026
  • February 11, 2026
  • October 29, 2025
  • July 30, 2025

Recent SEC filings

Data status

When each part of this page on Service Corp International was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Service Corp International in brief

What does Service Corp International do?
Service Corp International is a US-listed company in the specialized consumer services industry. Its financial year ends in December.
What is Service Corp International's stock ticker?
Service Corp International trades under the ticker SCI on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Service Corp International's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Service Corp International reported revenue of $4.4B, 3.0% higher than a year earlier, according to its SEC filings.
What is Service Corp International's free cash flow?
Service Corp International's free-cash-flow margin is 15.4% of revenue over the trailing twelve months, ranking 7 of the 18 specialized consumer services companies we cover.
What is Service Corp International's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Service Corp International's free cash flow after stock-based pay gives ~$73 per share in the base case, and ~$45–$110 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Service Corp International's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Service Corp International buying back stock, and does it pay a dividend?
Service Corp International spent $378M on share repurchases over the trailing twelve months, and its diluted share count fell 3.4% over the year.
What is Service Corp International's market cap?
On November 2, 2026, Service Corp International's market capitalisation was about $10.8B, with a price-to-earnings ratio of 19.2 and net debt of $5B. Market figures come from third-party market data and may be delayed.
Does Service Corp International pay a dividend?
Yes: Service Corp International paid $193M in dividends over the trailing twelve months, a dividend yield of 1.83% and a payout ratio of 34.4%.
How much debt does Service Corp International have?
Service Corp International's debt-to-equity ratio is 328.5%, from its latest balance sheet (215.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are Service Corp International's competitors?
In our Specialized Consumer Services peer group, the companies closest to Service Corp International are H&R Block Inc, ADT Inc., Bright Horizons Family Solutions Inc., Frontdoor, Inc. and DoorDash. The side-by-side comparison below sets their revenue, margins and growth against Service Corp International's.
Are insiders buying or selling Service Corp International stock?
Over the last 12 months, Service Corp International's directors and officers reported 0 open-market purchases and 9 sales on Form 4. The insider trading page charts every trade.
When is Service Corp International's next earnings date?
Around February 10, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Service Corp International announces its own schedule.