Financial research concept

Deathcare Comparable Funeral Gross Profit Margin

measures comparable funeral gross profit as a percentage of comparable funeral 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.

The margin matches the reported profit bridge
Cemetery margin was materially higher
Separate margin from average revenue per service
Part of the Deathcare Funeral & Cemetery Economics
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Deathcare comparable funeral gross-profit margin measures comparable funeral gross profit as a percentage of comparable funeral revenue.

SCI reported a 20.9% comparable funeral gross-profit margin in 2025.

The margin matches the reported profit bridge

SCI reported $488.8 million of comparable funeral gross profit on $2.340 billion of comparable funeral revenue.

That ratio is about 20.9%, tying the percentage measure back to its matching numerator and denominator.

Cemetery margin was materially higher

SCI's comparable cemetery gross-profit margin was 33.8%, 12.9 percentage points above the funeral margin.

The spread does not prove one segment has better cash returns because the businesses have different selling, backlog, and recognition mechanics.

Separate margin from average revenue per service

The $5,823 Comparable Funeral Average Revenue per Service uses a narrower revenue numerator than total comparable funeral revenue.

Do not combine that unit metric with the 20.9% margin as if both use identical revenue definitions.

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

Funeral volume, revenue per service, mix, and gross profitCurrent relationship
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 ProfitComparable Funeral Gross Profit MarginCurrent conceptComparable 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
Cemetery sales production, deferral, and recognition
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 Profit Comparable Cemetery Gross Profit Margin

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 EconomicsFuneral volume, revenue per service, mix, and gross profit6 of 6 bridge concepts supportedContinue through this bridge:Comparable Cremation Rate Comparable Funeral Gross Profit Comparable Funeral Revenue Comparable Funeral Services Performed Funeral Average Revenue per Service

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Compare public companies

Compare funeral margin with the matching revenue base and cemetery margin, not with the narrower revenue-per-service numerator.

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