Service Corporation International
NYSE:SCI

Watchlist Manager
Service Corporation International Logo
Service Corporation International
NYSE:SCI
Watchlist
Price: 81.01 USD 0.24% Market Closed
Market Cap: 11.7B USD
Have any thoughts about
Service Corporation International?
Write Note

Service Corporation International
Investor Relations

Service Corporation International (SCI) stands as the largest provider of funeral and cemetery services in North America, carving a niche in an industry that one might describe as eternal. Founded in 1962 by Robert L. Waltrip, with a keen vision to consolidate the fragmented deathcare sector, SCI grew through acquisitions and innovation, transforming what was once a highly localized business into a standardized, yet compassionate, service. The company's strategy pivots on the concept of scale; by acquiring numerous small, family-run funeral homes and cemeteries, SCI not only expanded its geographical footprint but also streamlined operations and leveraged its buying power. This approach allowed for an efficient delivery model, offering both economy of scale and consistency of service, while still maintaining the delicate touch required in its line of work.

SCI's revenue model hinges on offering a suite of services that span pre-planned funeral arrangements, at-need services, and memorialization products. Pre-planning services allow families to arrange funerals in advance, thus locking in prices and easing future emotional and financial burdens, benefiting SCI with upfront cash flow and customer lock-in. At-need services, delivered at the time of immediate demand, capture the urgency and necessity driven by unforeseen events. Memorialization products, ranging from caskets to headstones, complement the core service offerings, each providing additional revenue streams. SCI’s adept navigation of this sensitive industry ensures its profitability, while its broad scope of operations caters to diverse needs and keeps the company intricately woven into the fabric of North American communities.

Show more

Earnings Calls

Show Transcript
Previous
Next
Loading

Management

Mr. Sumner J. Waring III
President
No Bio Available
Mr. Eric D. Tanzberger CPA
Executive VP & CFO
No Bio Available
Ms. Elisabeth G. Nash
Senior Vice President of Operations Services
No Bio Available
Mr. John H. Faulk
Senior Vice President & Chief Operating Officer
No Bio Available
Ms. Debbie Young
Director of Investor Relations
No Bio Available
Ms. Lori E. Spilde
Senior VP, General Counsel & Secretary
No Bio Available
Jay Andrew
Assistant Vice President of Corporate Communications
No Bio Available
Ms. Jamie L. Pierce
VP & Chief Marketing Officer
No Bio Available
Ms. Mansi Patel
Vice President of Human Resources
No Bio Available
Ms. Tammy R. Moore
VP & Corporate Controller
No Bio Available

Contacts

Address
TEXAS
Houston
1929 Allen Pkwy, PO Box 130548
Contacts
+17135225141.0
www.sci-corp.com