Financial research concept

Deathcare Comparable Cemetery Gross Profit Margin

measures comparable cemetery gross profit as a percentage of comparable cemetery revenue under the issuer's stated population.

By Lee BaileyPublished Sep 26, 2026

Research context

See what supports this page, how current it is, and where comparable or historical context is available.

Research date: Sep 26, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context: 17 connected conceptsPart of the reviewed Deathcare Funeral & Cemetery Economics; issuer definitions remain distinct where disclosed.
Company examples: 1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

Cemetery margin exceeded funeral margin by 12.9 points
The higher margin is not a cash-conversion claim
Compare margin with the matching profit dollars
Part of the Deathcare Funeral & Cemetery Economics
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Deathcare comparable cemetery gross-profit margin measures comparable cemetery gross profit as a percentage of comparable cemetery revenue.

SCI reported a 33.8% comparable cemetery gross-profit margin in 2025.

Cemetery margin exceeded funeral margin by 12.9 points

SCI's comparable funeral gross-profit margin was 20.9%.

The 33.8% cemetery margin was therefore 12.9 percentage points higher. That spread helps separate segment economics that would be hidden in a consolidated margin.

The higher margin is not a cash-conversion claim

Cemetery revenue can be recognized from backlog created in earlier periods, while current sales production can be deferred.

A higher gross margin does not mean current cemetery cash receipts or current sales production converted at 33.8%.

Compare margin with the matching profit dollars

SCI reported $638.1 million of comparable cemetery gross profit. Use Comparable Cemetery Gross Profit to keep the numerator and denominator aligned.

For timing, pair the margin with Cemetery Sales Deferred to Backlog.

Primary source: Service Corporation International 2025 Form 10-K.

Part of the Deathcare Funeral & Cemetery Economics

Connects comparable funeral volume, revenue per service, cremation mix and gross profit with preneed funding production, cemetery sales and backlog conversion, and the long-duration preneed revenue base.

Browse the full operating model in Company Analysis →

Where this concept fits

Cemetery sales production, deferral, and recognitionCurrent relationship
Preneed and atneed cemetery production describe current selling activity, while deferred production enters backlog and later becomes recognized revenue as property, merchandise, and services satisfy recognition conditions. Comparable gross profit shows the mature-location economics that result.
Cemetery Atneed Sales Production Cemetery Preneed Sales Production Cemetery Revenue from Backlog Cemetery Sales Deferred to Backlog Comparable Cemetery Gross ProfitComparable Cemetery Gross Profit MarginCurrent concept
Funeral volume, revenue per service, mix, and gross profit
Comparable funeral economics connect services performed with average revenue per service, while cremation mix and cost structure shape the resulting gross profit and margin.
Comparable Cremation Rate Funeral Average Revenue per Service Comparable Funeral Gross Profit Comparable Funeral Gross Profit Margin Comparable Funeral Revenue Comparable Funeral Services Performed
Preneed funding production and future funeral demand
Insurance-funded and trust-funded preneed sales production build future funeral obligations through different funding structures. Contract counts separate volume from average contract size, while backlog captures the larger unfulfilled revenue base.
Preneed Backlog Preneed Insurance Contract Count Preneed Insurance Sales Production Preneed Trust Contract Count Preneed Trust Sales Production

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

SCIOpen operating-model research →17 of 17 reviewed concepts in Deathcare Funeral & Cemetery EconomicsCemetery sales production, deferral, and recognition6 of 6 bridge concepts supportedContinue through this bridge:Cemetery Atneed Sales Production Cemetery Preneed Sales Production Cemetery Revenue from Backlog Cemetery Sales Deferred to Backlog Comparable Cemetery Gross Profit

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Compare public companies

Compare cemetery margin with funeral margin while keeping backlog timing and cash conversion separate.

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