0001628280-26-007695
SEC filingService Corporation International (SCI) reported strong FY 2025 financial results with revenue of $4.31B, gross profit of $1.14B, and operating income of $978.1M. Net income reached $542.8M, with net income attributable to common stockholders at $542.6M, translating to basic and diluted EPS of $4.00. The company generated robust operating cash flow of $942.8M, supporting $388.6M in capital expenditures, $101.3M in business acquisitions, $461.0M in share repurchases, and $183.6M in dividends. Balance sheet remains solid with total assets of $18.65B, cash and equivalents at $243.6M, and total equity of $1.64B. Long-term debt stands at $5.08B. Key highlights include gains on divestitures of $9.6M partially offset by restructuring charges of $2.0M and impairment charges of $6.2M net. Interest expense of $255.4M and tax provision of $186.9M impacted bottom line. Strong cash generation funds growth initiatives and shareholder returns, positioning SCI well in the deathcare industry amid stable demand.
Service Corporation International delivered solid FY 2025 results with revenue of $4.31B and costs of revenue at $3.17B, yielding gross profit of $1.14B. Operating income stood at $978.1M after corporate G&A expenses of $166.2M, restructuring charges of $2.0M, and net gains/(losses) on divestitures and impairments of -$6.2M. Income before taxes was $729.8M, with provision for income taxes at $186.9M, resulting in net income of $542.8M ($542.6M attributable to common stockholders). Basic and diluted EPS both at $4 on 141.6M and 142.7M weighted shares respectively. Total assets grew to $18.65B, supported by preneed receivables and trust investments of $7.36B, cemetery property $2.20B, and property/equipment $2.75B. Equity at $1.64B reflects accumulated deficit of $499.0M offset by capital in excess of par $987.2M.
Revenue totaled $4.31B for the fiscal year ended 2025-12-31. No specific segment breakdowns or geographic revenue mix disclosed in the provided data. Gross profits of $1.14B reflect core operations in funeral and cemetery services, with gains on divestitures net at $9.6M contributing positively. Costs of revenue at $3.17B represent primary expense category. No YoY revenue growth rates or drivers explicitly stated.
Gross margin calculated at 26.5% ($1.14B gross profit / $4.31B revenue). Operating margin at 22.7% ($978.1M operating income / $4.31B revenue). Corporate G&A expenses of $166.2M equated to 3.9% of revenue. Interest expense of $255.4M pressured profitability, while other income net $7.6M provided minor offset. Losses on early extinguishment of debt net -$523K. No prior period margins for comparison available in data.
Operating cash flow strong at $942.8M, driven by net income $542.8M plus depreciation/amortization $219.7M+$104.3M cemetery+$16.4M intangibles, share-based comp $17.6M, and working capital changes including preneed increases $49.4M. Investing activities used $548.3M on capex $388.6M and acquisitions $101.3M, offset by divestiture proceeds $30.4M. Financing activities net outflow $374.7M from $461.0M stock purchases, $183.6M dividends, $804.6M early debt repayment, partially funded by $1.06B debt issuance. Cash and equivalents $243.6M; current ratio supported by $411.8M current assets vs $745.7M current liabilities. Long-term debt $5.08B.
No specific management guidance, strategic priorities, or risk factors disclosed in the provided filing excerpt. Commitments and contingencies referenced in Note 9, but details unavailable.