Service Corp International
SCI · NYSEServices-Personal Services · Fiscal year ends Dec 31
Service Corp International reported revenue of $4.3B in the fiscal year ended Dec 2025, up 2.9% from the year before. Operating income was $978M, an operating margin of 22.7%, and net income was $543M. Operating cash flow of $943M less capital expenditure of $389M left free cash flow of $554M. Net debt was $4.9B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.1B | $4.1B | $4.2B | $4.3B |
| Cost of revenue | $2.8B | $3B | $3B | $3.1B | $3.2B |
| Gross profit | $1.3B | $1.2B | $1.1B | $1.1B | $1.1B |
| Operating income | $1.2B | $927M | $944M | $928M | $978M |
| Interest expense | $151M | $172M | $239M | $258M | $255M |
| Pre-tax income | $1B | $756M | $709M | $675M | $730M |
| Income tax | $242M | $190M | $171M | $157M | $187M |
| Net income | $803M | $565M | $537M | $519M | $543M |
| Diluted EPS | 4.72 | 3.53 | 3.53 | 3.53 | 3.80 |
| Diluted shares | 170M | 160M | 152M | 147M | 143M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $269M | $192M | $222M | $219M | $244M |
| Receivables | $106M | $97M | $98M | $94M | $100M |
| Inventory | $26M | $32M | $34M | $33M | $35M |
| Current assets | $441M | $360M | $498M | $377M | $412M |
| Net PP&E | $2.3B | $2.4B | $2.5B | $2.6B | $2.8B |
| Goodwill | $1.9B | $1.9B | $2B | $2.1B | $2.2B |
| Total assets | $15.7B | $15.1B | $16.4B | $17.4B | $18.7B |
| Current liabilities | $728M | $799M | $749M | $724M | $746M |
| Short-term debt | $65M | $91M | $63M | $84M | $57M |
| Long-term debt | $3.9B | $4.3B | $4.6B | $4.8B | $5.1B |
| Shareholders' equity | $1.9B | $1.7B | $1.5B | $1.7B | $1.6B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $921M | $826M | $869M | $945M | $943M |
| Capital expenditure | $304M | $370M | $362M | $374M | $389M |
| Free cash flow | $617M | $456M | $507M | $571M | $554M |
| Depreciation & amortisation | $159M | $175M | $191M | $208M | $220M |
| Stock-based compensation | $14M | $15M | $17M | $19M | $18M |
| Acquisitions | $121M | $103M | $73M | $181M | $101M |
| Share buybacks | $554M | $661M | $545M | $254M | $461M |
| Dividends paid | $147M | $160M | $168M | $174M | $184M |
| Dividend per share | 0.88 | 1.02 | 1.02 | 1.12 | 1.30 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | −0.8% | −0.2% | 2.1% | 2.9% |
| Operating income growth (YoY) | – | −22.1% | 1.8% | −1.8% | 5.4% |
| EPS growth (YoY) | – | −25.2% | 0.0% | 0.0% | 7.6% |
| Gross margin | 31.9% | 28.1% | 26.6% | 26.1% | 26.5% |
| Operating margin | 28.7% | 22.6% | 23.0% | 22.2% | 22.7% |
| Net margin | 19.4% | 13.8% | 13.1% | 12.4% | 12.6% |
| Return on equityBlank when equity is negative | 42.1% | 33.8% | 34.9% | 30.9% | 33.1% |
| ROCEEBIT ÷ (assets − current liabilities) | 8.0% | 6.5% | 6.1% | 5.6% | 5.5% |
| Free cash flow margin | 14.9% | 11.1% | 12.4% | 13.6% | 12.9% |
| Cash conversion (CFO ÷ net income) | 1.15x | 1.46x | 1.62x | 1.82x | 1.74x |
| Receivable days | 9 | 9 | 9 | 8 | 9 |
| Inventory days | 3 | 4 | 4 | 4 | 4 |
| Interest cover | 7.91x | 5.39x | 3.94x | 3.60x | 3.83x |
| Debt ÷ equity | 2.08x | 2.59x | 3.06x | 2.88x | 3.14x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $3.7B | $4.1B | $4.5B | $4.6B | $4.9B |
| Current ratio | 0.61x | 0.45x | 0.67x | 0.52x | 0.55x |
Recent filings
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.