Service Corporation International (SCI), the largest provider of deathcare products and services in North America, reported a consolidated revenue of $4.31 billion for the fiscal year ending December 31, 2025, marking a 2.9% increase from $4.19 billion in 2024. The company’s net income attributable to common stockholders rose to $542.6 million, or $3.80 per diluted share, compared to $518.6 million, or $3.53 per diluted share, in the previous year. This growth in profitability was driven by higher funeral gross profit, attributed to an increase in average revenue per service and improved cemetery gross profit.
In 2025, SCI's preneed backlog, which represents future revenue from unfulfilled contracts, reached $17.0 billion, up from $16.0 billion in 2024. The company reported a notable increase in preneed sales production, particularly in the cemetery segment, which totaled $1.42 billion, compared to $1.36 billion in 2024. The average revenue per funeral service also increased to $5,823, reflecting a 2.9% growth from the previous year. However, the number of comparable funeral services performed decreased slightly to 347,696 from 350,607 in 2024.
Strategically, SCI continued to expand its footprint through acquisitions, investing $101.3 million in acquiring 22 funeral service locations and two cemeteries in 2025. The company also spent $18.5 million on real estate acquisitions aimed at establishing new funeral service and cemetery locations. These acquisitions are expected to enhance SCI's market presence and contribute to long-term revenue stability. Additionally, the company has been focusing on digital innovation and customer engagement, enhancing its online platforms to improve service delivery and customer experience.
Operationally, SCI employed 17,869 full-time and 7,318 part-time associates as of December 31, 2025. The company has been actively investing in employee engagement initiatives, including the launch of the "We Listen Survey" to gather feedback from associates. The company’s market share in North America is estimated at approximately 18%, with a network of 1,485 funeral service locations and 500 cemeteries across 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.
Looking ahead, SCI anticipates continued growth driven by the aging Baby Boomer population, which is expected to impact both atneed and preneed sales positively. The company plans to leverage its scale and enhance its service offerings to meet evolving customer preferences, particularly in the growing cremation market. SCI remains committed to maintaining a strong financial position, with adequate liquidity and a favorable debt maturity profile, allowing for ongoing investments in growth and shareholder returns.
About SERVICE CORP INTERNATIONAL
Service Corporation International is North America's largest provider of deathcare services, including funeral homes, cemeteries, and crematoria. Operating under the Dignity Memorial brand, it offers at-need and preneed funeral, cemetery, and cremation products and services across North America and Canada. The company leverages scale, technology, and a broad geographic network to deliver personalized, high-quality end-of-life solutions.
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