Service Corporation International Posts 2% Revenue Growth, $1.14 EPS, Raises 2026 Outlook
Service Corporation International reported Q4 adjusted EPS of $1.14, up 8% year-over-year, matching consensus, and revenues rose 2% to $1.1115 billion. It expects 2026 adjusted EPS of $4.05-$4.35 and operating cash flow of $1.005-$1.065 billion, ending 2025 with $243.6 million in cash versus $5.1 billion in long-term debt.
1. Q4 Financial Results
Service Corporation International reported adjusted earnings of $1.14 per share, up from $1.06 a year ago, matching the consensus estimate. Total revenues reached $1.1115 billion, a 2% increase year-over-year, with gross profit rising 1.9% to $311.7 million and operating income up 5.1% to $275.6 million.
2. Segment Performance
Funeral revenues climbed to $600.6 million from $587.7 million, driven by a 3.3% increase in average revenue per service to $5,880 across 89,117 services. Cemetery revenues rose to $510.9 million from $505.3 million, with gross margin expanding 50 basis points to 36.3% on higher endowment care trust fund income.
3. Balance Sheet and Cash Flow
The company closed 2025 with $243.6 million in cash and equivalents versus $218.8 million a year earlier, and long-term debt of $5.1 billion. Net operating cash flow was $212.9 million in Q4 and $965.5 million for full-year 2025, with total capital expenditures of $125.7 million in the quarter.
4. 2026 Outlook and Transcript Release
SCI projects 2026 adjusted EPS between $4.05 and $4.35 with net operating cash flow of $1.005–$1.065 billion after $120 million in cash taxes and maintenance capex of $325 million. A detailed Q4 earnings call transcript has been released for investors seeking additional insight.