Main industries:

• Funeral services
• Cemetery services

TOP 3 markets:

1. USA: approx. 80%
2. Canada: approx. 15%
3. Other international markets: approx. 5%

Service Corporation International (SCI) generates the majority of its revenue from funeral and cemetery services. The U.S. market is the dominant market, followed by Canada. Other international markets contribute only a small portion to the total revenue. This distribution reflects the company's geographical presence and focus.

Headquarters: Houston, Texas, USA

Service Corporation International (SCI) is a leading company in the funeral and cemetery services sector. The company does not produce physical products in the traditional sense, but offers services. These services are mainly provided in the USA and Canada, where SCI operates a variety of funeral homes and cemeteries.

As a service company, "production" is to be understood more as the provision of services at various locations, rather than at a central production site.

Growth Strategy:

1. Market Expansion: Service Corporation International (SCI) focuses on expanding into new geographic markets to strengthen its market presence. This includes both organic growth and strategic acquisitions of funeral homes and cemeteries.

2. Digitalization: The company is investing in digital platforms and technologies to enhance customer service and ensure more efficient operations. This includes the development of online planning tools and digital memorial pages.

3. Service Diversification: SCI is expanding its service offerings to tap into additional revenue streams. This includes personalized funeral services and enhanced memorial options that cater to evolving customer needs.

4. Cost Efficiency: By optimizing operations and implementing cost-cutting measures, the company aims to improve its margins and increase profitability.

This strategy aims to position SCI as a leading provider in the funeral industry while also responding to changing customer needs and market conditions.

Main materials: Wood, metal, textiles

Countries of origin: Canada, China, Mexico

Service Corporation International (SCI) is a leading company in the funeral and cemetery sector. The production of coffins and urns mainly requires materials such as wood, metal, and textiles.

Wood is often imported from Canada because there is high-quality wood available there that is suitable for the production of coffins. Metal parts used for the production of coffins and urns are often sourced from China due to cost-effective production options there. Textiles for the interior decoration of coffins and other funeral products are frequently imported from Mexico, where the textile industry is well-developed and offers competitive prices.

These import strategies enable SCI to offer high-quality products at competitive prices.

Market Share: Approximately 16% (estimated, 2024)
EBITDA Margin: 28% (2024)
Return on Equity (ROE): 21% (2024)

Service Corporation International (SCI) is the largest provider of funeral and cemetery services in North America. The company's competitive advantage stems from its market leadership, broad geographic presence, and ability to leverage economies of scale.

SCI benefits from strong brand recognition and an extensive network of funeral homes and cemeteries, facilitating access to a wide customer base. The high EBITDA margin of 28% demonstrates the efficiency and profitability of the company compared to smaller competitors, which often have higher cost structures.

Furthermore, SCI's size allows it to continue growing through acquisitions and gaining market share, further enhancing its competitive advantage. Continuous investment in technology and customer service also helps solidify its market position and differentiate itself from the competition.

Institutional Investor Share: approx. 80% (estimated, 2025)
Insider Buys/Sells: No significant insider transactions in the last year (estimated, 2025)

The institutional investor share at Service Corporation International traditionally stands at around 80%, indicating the trust of large investment funds and institutional investors in the company's stability and growth potential.

In 2025, no significant insider transactions were reported, suggesting that the management and other insiders are currently not making significant changes to their holdings. This can be interpreted as a sign of confidence in the current company strategy and market value.

Market share of Service Corporation International (SCI): approx. 15% (2025, estimated)

Top competitors and their market shares:

1. Service Corporation International (SCI): approx. 15%
2. Carriage Services Inc.: approx. 5%
3. StoneMor Inc.: approx. 4%
4. Park Lawn Corporation: approx. 3%
5. Hillenbrand, Inc.: approx. 2%
6. Matthews International Corporation: approx. 2%
7. Other smaller providers: Remaining market share distributed

SCI's Economic Moat:

Service Corporation International (SCI) has a significant economic moat composed of several factors. Firstly, SCI has an extensive geographic presence and a wide network of funeral and cemetery services, enabling the company to leverage economies of scale and reduce costs. Secondly, SCI benefits from strong brand recognition and an established reputation in the industry, enhancing customer trust.

Compared to competitors, SCI has the advantage of being better positioned to standardize and operate services efficiently due to its size and market presence. This gives SCI a competitive edge over smaller companies that may not have the same resources.

However, some competitors like Carriage Services and Park Lawn Corporation have attempted to increase their market shares and strengthen their own economic moats in recent years through strategic acquisitions and expansions. Nevertheless, SCI remains in an advantageous position due to its market leadership and comprehensive infrastructure.

Revenue Growth: 4.2% (2024)
Profit Growth: 3.8% (2024)
Market Share: Leading in the funeral industry in North America

Service Corporation International (SCI) is the largest provider of funeral and cemetery services in North America. The company has shown moderate but steady revenue and profit growth in recent years, attributed to stable demand in a relatively recession-resistant market.

SCI has continuously invested in modernizing its services and expanding through strategic acquisitions. This strategy has helped secure market share and broaden the range of services offered. The funeral industry is known for its stability, being less susceptible to economic fluctuations.

In the long term, SCI could benefit from demographic trends, particularly the aging population in North America. This could lead to increased demand for funeral services. The company's ability to improve margins through efficiency enhancements and cost reductions is also a positive factor.

Overall, SCI appears to be a solid investment for investors interested in stable and long-term returns, especially in a defensive sector.

Dividend Yield: 1.7% (estimated for 2025)
Dividend History: Continuous payout over the last 10 years

Service Corporation International (SCI) pays a dividend, and the company has a long history of reliable payouts. The estimated dividend yield is around 1.7% for the year 2025.

SCI has consistently paid dividends in recent years and has tended to increase them annually. This demonstrates the company's commitment to providing continuous value to its shareholders. The stability of the dividend policy is supported by the company's solid financial performance and stable cash flow.

In the funeral and cemetery industry where SCI operates, revenues are relatively stable, contributing to the reliability of dividend payments. Analysts expect that SCI will continue its dividend policy in the future, barring any significant economic changes.