Financial research concept

Deathcare Comparable Funeral Services Performed

measures the number of funeral services performed by locations included in the issuer's comparable-operation 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.

Services are the volume denominator
Total funeral revenue does not divide cleanly by this count
Volume and mix need to be read together
Part of the Deathcare Funeral & Cemetery Economics
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Deathcare comparable funeral services performed measures funeral service volume at locations included in SCI's comparable operating set.

SCI reported 347,696 comparable funeral services performed in 2025.

Services are the volume denominator

The service count is the operating-volume leg of funeral unit economics. It should be analyzed separately from pricing, merchandise mix, cremation mix, and other revenue categories.

A higher service count can lift revenue even when revenue per service is unchanged.

Total funeral revenue does not divide cleanly by this count

SCI reported $2.340 billion of comparable funeral revenue, but its $5,823 average revenue per service uses a narrower revenue numerator.

Using total comparable funeral revenue divided by 347,696 services yields roughly $6,730 and therefore does not reproduce the issuer-defined average.

Volume and mix need to be read together

SCI's comparable cremation rate was 64.4%. A shift in Comparable Cremation Rate can change revenue mix around a stable service count.

Pair services performed with Comparable Funeral Average Revenue per Service instead of treating volume as a complete demand measure.

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 Profit Comparable Funeral Gross Profit Margin Comparable Funeral RevenueComparable Funeral Services PerformedCurrent concept
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 Gross Profit Margin Comparable Funeral Revenue Funeral Average Revenue per Service

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Compare public companies

Compare comparable funeral volume with revenue per service and cremation mix using aligned denominators.

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