# Service Corporation International (SCI)

> Source: Nexqual · https://nexqual.com/SCI · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Service Corporation International (SCI), nexqual.com/SCI" · informational, not investment advice.

**Price:** USD 83.69 (+3.12% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 81.16 · day 81.48–83.97 · 52w 68.41–90.99 · market cap $11.4B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $4.37B, net income $538M (12.3% margin), free cash flow $635M (SEC filings).
- Valuation: P/E 21.2x (avg 20.8x at the last 3 fiscal year-ends), EV/EBITDA 13.7x, net debt $5.04B.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $28.4M; 3 not under a Rule 10b5-1 plan ($28.4M); 0 by opportunistic insiders, 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +4.8% vs S&P 500 +14.9%; 5Y +42.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 0.99, revenue estimate $1.10B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.14B | $4.11B | $4.10B | $4.19B | $4.31B | $4.37B |
| Gross profit | $1.32B | $1.15B | $1.09B | $1.09B | $1.14B | — |
| Operating income | $1.19B | $927M | $944M | $928M | $978M | $977M |
| Net income | $803M | $565M | $537M | $519M | $543M | $538M |
| EPS (diluted) | $4.72 | $3.53 | $3.53 | $3.53 | $3.80 | — |
| Free cash flow | $617M | $456M | $507M | $571M | $554M | $635M |
| Gross margin | 31.9% | 28.1% | 26.6% | 26.1% | 26.5% | — |
| Operating margin | 28.7% | 22.6% | 23.0% | 22.2% | 22.7% | 22.4% |
| Net margin | 19.4% | 13.8% | 13.1% | 12.4% | 12.6% | 12.3% |
| Revenue growth | +18.0% | -0.8% | -0.2% | +2.1% | +2.9% | — |
| Cash + short-term investments | $269M | $192M | $222M | $219M | $244M | — |
| Total debt | $3.97B | $4.34B | $4.71B | $4.84B | $5.14B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 21.2x · P/S 2.6x · EV/EBITDA 13.7x · EV/Sales 3.8x · P/FCF 18.0x · P/B 7.4x · FCF yield 5.56% · Earnings yield 4.71% · Dividend yield (paid, TTM) 1.66% · Buyback yield (TTM) 3.54% · Net debt $5.04B · EV $16.4B
P/E at fiscal year-ends: Dec 2025 20.5x, Dec 2024 22.6x, Dec 2023 19.4x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-03 | Tanzberger Eric D | Exec. VP, and CFO | 54,800 | $4.7M | 23.7% | No | Too little history (no open-market trades in 2023) |
| 2026-07-31 | Ryan Thomas L | CEO & Chairman | 253,391 | $21.6M | 13.1% | No | Routine (sold in Aug each year 2023–2025; this trade is outside those months) |
| 2026-07-31 | Faulk John H | SVP, COO | 24,600 | $2.1M | 30% | No | Too little history (no open-market trades in 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-31 | UBS | Target raised | Buy | $93 → $105 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +4.8% | +42.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +4.8% | +7.3% |
| Volatility (annualized) | 24.4% | 24.4% |
| Max drawdown | -21.6% (Apr 2026→Jun 2026) | -26.5% (Jul 2022→Oct 2023) |

## Peers (Personal Services)
ROL (Rollins, Inc.) USD 35.31 +5.56% · HRB (H&R Block, Inc.) USD 50.08 +4.70% · FTDR (frontdoor, inc.) USD 86.03 +6.41% · BFAM (Bright Horizons Family Solution) USD 70.94 +6.01% · ANDG (Andersen Group Inc.) USD 63.54 +4.30% · CSV (Carriage Services, Inc.) USD 36.98 +3.64%

## More
Full page: https://nexqual.com/SCI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Funeral | $604.8M | 54.8% | +2.3% |
| Cemetery | $498.4M | 45.2% | +5.1% |
| Total revenue | $1.10B | 100% | — |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Product | $527.3M | 47.8% | +1.8% |
| — Funeral Atneed Revenue (part of Product) | $298.7M | 27.1% | +0.9% |
| — Product and Service, Other (part of Product) | $118.0M | 10.7% | +8.1% |
| — Funeral Other Revenue (part of Product) | $60.8M | 5.5% | +2.0% |
| — Non-funeral Home Revenue (part of Product) | $27.6M | 2.5% | +7.1% |
| — non-funeral home preneed sales revenue (part of Product) | $21.3M | 1.9% | -19.3% |
| Funeral Core Revenue | $495.2M | 44.9% | +3.2% |
| Service | $458.0M | 41.5% | +4.5% |
| Cemetery Core Revenue | $452.3M | 41.0% | +3.4% |
| — Cemetery Recognized Preneed Property Revenue (part of Cemetery Core Revenue) | $225.4M | 20.4% | +2.3% |
| — Cemetery Recognized Preneed Merchandise And Service Revenue (part of Cemetery Core Revenue) | $116.2M | 10.5% | +9.8% |
| — Cemetery Atneed Revenue (part of Cemetery Core Revenue) | $110.6M | 10.0% | -0.3% |
| Funeral Matured Preneed Revenue | $196.5M | 17.8% | +7.1% |
| Cemetery Other Revenue | $46.1M | 4.2% | +25.4% |
| Total revenue | $1.10B | 100% | — |
The lines above cover 197.2% of total revenue.

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| UNITED STATES | $1.05B | 95.0% | +3.9% |
| CANADA | $54.8M | 5.0% | -2.2% |
| Total revenue | $1.10B | 100% | — |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.99 | $0.98 | +1.1% | $1.10B | 6 |
| Next quarter (ends 2026-12-31) | $1.33 | $1.30 | +2.5% | $1.17B | 6 |
| Current fiscal year (ends 2026-12-31) | $4.19 | $4.13 | +1.5% | $4.47B | 6 |
| Next fiscal year (ends 2027-12-31) | $4.58 | $4.55 | +0.7% | $4.63B | 6 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-10-28): ±5.9%; last 8 reports averaged ±4.1%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 26.1% | ±5.9% |
| 2026-12-18 | 56 | 23.0% | ±7.4% |
| 2027-01-15 | 84 | 23.5% | ±9.1% |
| 2027-03-19 | 147 | 25.6% | ±12.9% |
| 2027-06-17 | 237 | 26.7% | ±16.8% |