| Market Capitalization (Millions $) |
11,424 |
| Shares
Outstanding (Millions) |
140 |
| Employees |
23,000 |
| Revenues (TTM) (Millions $) |
4,332 |
| Net Income (TTM) (Millions $) |
536 |
| Cash Flow (TTM) (Millions $) |
19 |
| Capital Exp. (TTM) (Millions $) |
390 |
Business Description
Service Corporation International (SCI) is a leading provider of funeral and cemetery services in North America. Founded in 1962, its headquarters are located in Houston, Texas. The company operates over 1,500 funeral homes and cemeteries and employs over 25,000 people.
SCI offers a range of services, including traditional funeral services, cremation services, and cemetery services. They also offer prearranged funeral plans, which allow customers to plan and pay for their funeral in advance. In addition, SCI provides grief support services to families and communities.
The company operates under several brand names, including Dignity Memorial, Neptune Society, and National Cremation Society. Dignity Memorial is the largest brand and operates over 1,100 funeral homes and cemeteries across North America. Neptune Society is a direct cremation provider with over 50 locations in the United States. National Cremation Society offers low-cost cremation services in 15 states.
SCI has a strong commitment to sustainability and has implemented various environmentally friendly initiatives. For example, they have developed a cremation process that reduces greenhouse gas emissions by up to 88%. They also offer eco-friendly burial options, such as using biodegradable urns or planting trees in memory of the deceased.
In terms of financials, SCI is a publicly traded company and is listed on the New York Stock Exchange under the symbol SCI. In 2020, the company reported revenues of $3.3 billion and a net income of $207 million. The company has a market capitalization of approximately $6 billion as of 2021.
Despite being a major player in the funeral and cemetery industry, SCI has faced criticism over the years. Some have accused the company of engaging in deceptive sales practices or overcharging customers for their services. However, the company has taken steps to address these concerns and improve transparency.
In summary, Service Corporation International is a leading provider of funeral and cemetery services in North America, with a strong commitment to sustainability and a range of brand names under its umbrella. While the company has faced criticism in the past, it continues to be a major player in the industry.
Company Address: 1929 Allen Parkway Houston 77019 TX
Company Phone Number: 522-5141 Stock Exchange / Ticker: NYSE SCI
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