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Stonemor's Business Segments
Stonemor's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2022
Reportable Segments
2
Largest Segment
Cemetery
Total Revenue
$ 80
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2022
- Cemetery88%
- Funeral Home12%
Revenue by Reportable Segment - Q2 FY2022
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Cemetery | $ 70 | 88% |
| Funeral Home | $ 10 | 12% |
Revenue by Product & Service Category - Q2 FY2022
- Interments27.7%
- Product24.7%
- Service22.9%
- Product and Service, Other12.7%
Revenue by Product & Service Category - Q2 FY2022
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Interments | $ 22 | 27.7% |
| Product | $ 20 | 24.7% |
| Service | $ 18 | 22.9% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Stonemor
Stonemor Inc. is a public company that specializes in owning and operating cemeteries and funeral homes. It was founded in 1999 under the name Keystone North America and later changed its name to Stonemor Inc. in 2004. The company is headquartered in Trevose, Pennsylvania, and has operations in over 20 states across the United States.
Stonemor Inc. primarily operates in two segments: Cemetery Operations and Funeral Homes. The Cemetery Operations segment involves purchasing and operating cemeteries, selling cemetery merchandise and services, and providing maintenance and other related services. The Funeral Homes segment involves acquiring and operating funeral homes, offering funeral services, selling caskets, and other funeral-related services.
The company generates its revenue from the sale of cemetery merchandise and services, such as plots, mausoleums, and vaults, and from the sale of funeral merchandise and services, such as caskets, urns, and embalming services. Stonemor also earns income through pre-need sales, which are the purchases of burial arrangements made in advance.
Stonemor Inc. has a diverse portfolio of cemeteries and funeral homes across the United States, including some of the oldest and most prestigious ones in the country. The company markets its services using a combination of local advertising, online marketing, and strategic partnerships with other businesses and community organizations.
Stonemor has faced its fair share of challenges over the years, including regulatory scrutiny and accounting irregularities that led to the resignation of its CEO and CFO in 2016. Despite these setbacks, the company has continued to grow and expand its operations, with a strong focus on providing quality services to its customers and stakeholders.
Overall, Stonemor Inc. is a leading provider of cemetery and funeral services in the United States, with a commitment to delivering high-quality, compassionate care to families in their time of need.
Stonemor Inc. primarily operates in two segments: Cemetery Operations and Funeral Homes. The Cemetery Operations segment involves purchasing and operating cemeteries, selling cemetery merchandise and services, and providing maintenance and other related services. The Funeral Homes segment involves acquiring and operating funeral homes, offering funeral services, selling caskets, and other funeral-related services.
The company generates its revenue from the sale of cemetery merchandise and services, such as plots, mausoleums, and vaults, and from the sale of funeral merchandise and services, such as caskets, urns, and embalming services. Stonemor also earns income through pre-need sales, which are the purchases of burial arrangements made in advance.
Stonemor Inc. has a diverse portfolio of cemeteries and funeral homes across the United States, including some of the oldest and most prestigious ones in the country. The company markets its services using a combination of local advertising, online marketing, and strategic partnerships with other businesses and community organizations.
Stonemor has faced its fair share of challenges over the years, including regulatory scrutiny and accounting irregularities that led to the resignation of its CEO and CFO in 2016. Despite these setbacks, the company has continued to grow and expand its operations, with a strong focus on providing quality services to its customers and stakeholders.
Overall, Stonemor Inc. is a leading provider of cemetery and funeral services in the United States, with a commitment to delivering high-quality, compassionate care to families in their time of need.
StoneMor Inc. is recognized as a prominent provider within the cemetery and funeral services sector, catering to the diverse needs of families during significant times of loss and remembrance. The company structures its offerings primarily into two operational segments—cemetery products and services and funeral home operations. Each segment plays a crucial role in delivering comprehensive services and products that honor the deceased while supporting their families.
Segments:
1. Cemetery Products and Services:
This segment encompasses a wide array of offerings focused on the interment of human remains. StoneMor Inc. operates more than 320 cemetery locations across 27 states and Puerto Rico, providing a range of products that enhance the memorialization process. Key elements of this segment include:
- Cemetery Interment Rights: The company facilitates the sale of cemetery plots whereby customers purchase the rights to inter human remains. This includes various options such as traditional lawn plots, privately-owned mausoleum crypts, and niches for cremation urns.
- Burial Vaults: StoneMor Inc. provides burial vaults that serve as protective containers for caskets to help prevent deterioration due to underground pressure and environmental factors. Many states mandate such vaults, ensuring regulatory compliance.
- Memorial Options: The segment offers customizable memorials and monuments to commemorate the life of the departed, allowing families to select the design, material, and inscription that resonates with their memories and sentiments.
2. Funeral Home Operations:
This segment focuses on the provision of essential funeral services as well as related products needed during the bereavement process. StoneMor Inc. operates over 88 funeral homes situated in 16 states and Puerto Rico, helping to provide sensitive and personalized care. Offerings in this segment include:
- Funeral Services: Comprehensive funeral arrangements are provided, which include preparing the deceased, coordinating visitation events, and conducting the funeral ceremony, whether it be traditional or contemporary in nature.
- Memorial Services: For families opting for cremation, StoneMor Inc. provides memorial service options that allow for celebration and remembrance either before or after the cremation process.
- Funeral Merchandise: The company retails a variety of caskets, urns, and other funeral-related items tailored to meeting diverse aesthetic and financial preferences.
Products Offered:
1. Cemetery Interment Rights:
Customers are provided with a choice of burial options, allowing for personalized arrangements in various parts of the cemetery, ensuring that families can select meaningful locations for interment.
2. Burial Vaults:
These products not only comply with legal requirements in certain jurisdictions but also offer peace of mind to families regarding the protection of their loved ones caskets.
3. Caskets:
StoneMor Inc. offers a broad selection of caskets made from various materials, including metal and wood, as well as environmentally sustainable options designed to meet a variety of price points and aesthetic requirements.
4. Memorials:
The company engages in the design and installation of memorials, delivering options that can be intricately customized to reflect the life and legacy of the deceased, such as headstones, plaques, and personalized monuments.
Services Provided:
1. Funeral Services:
The company arranges complete funeral services, ensuring that each requirement is met with compassion and attention, from the moment of passing until the final arrangements.
2. Memorial Services:
Dedicated memorial services cater to families that prefer cremation, focusing on life celebration gatherings that provide a respectful environment for honoring the deceased.
3. Pre-need Planning:
StoneMor Inc. offers pre-need planning services, enabling individuals to make funeral and cemetery arrangements in advance. This foresight helps mitigate financial burdens on survivors and allows individuals to express their wishes thoughtfully.
4. Aftercare Services:
Recognizing the ongoing needs of families after services have concluded, StoneMor Inc. provides aftercare services that include grief counseling, support groups, and additional resources to help individuals navigate their bereavement journeys.
In summary, StoneMor Inc. effectively serves the funeral and cemetery markets with a comprehensive range of products and services, emphasizing compassionate care while honoring individual preferences and requirements. Through its two primary segments, the company fulfills vital needs, presenting families with choices that respect both tradition and personal significance during difficult times.
Segments:
1. Cemetery Products and Services:
This segment encompasses a wide array of offerings focused on the interment of human remains. StoneMor Inc. operates more than 320 cemetery locations across 27 states and Puerto Rico, providing a range of products that enhance the memorialization process. Key elements of this segment include:
- Cemetery Interment Rights: The company facilitates the sale of cemetery plots whereby customers purchase the rights to inter human remains. This includes various options such as traditional lawn plots, privately-owned mausoleum crypts, and niches for cremation urns.
- Burial Vaults: StoneMor Inc. provides burial vaults that serve as protective containers for caskets to help prevent deterioration due to underground pressure and environmental factors. Many states mandate such vaults, ensuring regulatory compliance.
- Memorial Options: The segment offers customizable memorials and monuments to commemorate the life of the departed, allowing families to select the design, material, and inscription that resonates with their memories and sentiments.
2. Funeral Home Operations:
This segment focuses on the provision of essential funeral services as well as related products needed during the bereavement process. StoneMor Inc. operates over 88 funeral homes situated in 16 states and Puerto Rico, helping to provide sensitive and personalized care. Offerings in this segment include:
- Funeral Services: Comprehensive funeral arrangements are provided, which include preparing the deceased, coordinating visitation events, and conducting the funeral ceremony, whether it be traditional or contemporary in nature.
- Memorial Services: For families opting for cremation, StoneMor Inc. provides memorial service options that allow for celebration and remembrance either before or after the cremation process.
- Funeral Merchandise: The company retails a variety of caskets, urns, and other funeral-related items tailored to meeting diverse aesthetic and financial preferences.
Products Offered:
1. Cemetery Interment Rights:
Customers are provided with a choice of burial options, allowing for personalized arrangements in various parts of the cemetery, ensuring that families can select meaningful locations for interment.
2. Burial Vaults:
These products not only comply with legal requirements in certain jurisdictions but also offer peace of mind to families regarding the protection of their loved ones caskets.
3. Caskets:
StoneMor Inc. offers a broad selection of caskets made from various materials, including metal and wood, as well as environmentally sustainable options designed to meet a variety of price points and aesthetic requirements.
4. Memorials:
The company engages in the design and installation of memorials, delivering options that can be intricately customized to reflect the life and legacy of the deceased, such as headstones, plaques, and personalized monuments.
Services Provided:
1. Funeral Services:
The company arranges complete funeral services, ensuring that each requirement is met with compassion and attention, from the moment of passing until the final arrangements.
2. Memorial Services:
Dedicated memorial services cater to families that prefer cremation, focusing on life celebration gatherings that provide a respectful environment for honoring the deceased.
3. Pre-need Planning:
StoneMor Inc. offers pre-need planning services, enabling individuals to make funeral and cemetery arrangements in advance. This foresight helps mitigate financial burdens on survivors and allows individuals to express their wishes thoughtfully.
4. Aftercare Services:
Recognizing the ongoing needs of families after services have concluded, StoneMor Inc. provides aftercare services that include grief counseling, support groups, and additional resources to help individuals navigate their bereavement journeys.
In summary, StoneMor Inc. effectively serves the funeral and cemetery markets with a comprehensive range of products and services, emphasizing compassionate care while honoring individual preferences and requirements. Through its two primary segments, the company fulfills vital needs, presenting families with choices that respect both tradition and personal significance during difficult times.