Service Corporation International reported third‑quarter 2025 financial results, posting revenue of $1,058.1 million, a 4.4% year‑over‑year increase. Net income attributable to common shareholders was $117.5 million, slightly below the $117.8 million reported in Q3 2024. Diluted earnings per share were $0.83, up from $0.81 in the same quarter a year earlier, while adjusted earnings per share rose to $0.87, a 10% increase from $0.79 in Q3 2024.
The company’s cemetery segment drove the performance. Preneed cemetery sales production grew 9.6%, supporting a 7% rise in comparable cemetery revenue and a 12% jump in cemetery gross profit. Core funeral preneed sales increased 9%, and non‑funeral‑home sales averages rose 13.4%. Core funeral services performed declined 3.5%, but the higher average revenue per service and the growth in non‑funeral‑home sales offset the decline, resulting in an overall improvement in profitability.
Service Corporation International raised its 2025 cash‑flow guidance to $910 million–$950 million, citing lower cash taxes and favorable working‑capital timing. Net cash provided by operating activities increased, although the company noted an expected $11.1 million increase in cash taxes paid. The company reiterated its capital‑allocation priorities: $130 million for maintenance capital, $160 million for cemetery development, and $25 million for digital investments.
The company confirmed a 2025 earnings‑per‑share midpoint of $3.85, with the adjusted EPS guidance narrowed to a range of $3.80–$3.90. The updated outlook reflects confidence in sustaining earnings growth and maintaining a robust backlog of $15.9 billion in preneed sales.
The results underscore Service Corporation International’s focus on leveraging its scale and preneed strategy to drive revenue and margin expansion, positioning the company to capitalize on demographic tailwinds while delivering consistent shareholder returns through dividends and share repurchases.
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