| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
118 |
| Employees |
310 |
| Revenues (TTM) (Millions $) |
323 |
| Net Income (TTM) (Millions $) |
-45 |
| Cash Flow (TTM) (Millions $) |
-24 |
| Capital Exp. (TTM) (Millions $) |
15 |
Business Description
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.
Company Address: 3331 Street Road Bensalem 19020 PA
Company Phone Number: 826-2800 Stock Exchange / Ticker: NYSE STON
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