SCI Service Corp. International

Service Corp. International engages in the provision of funeral goods and services. It operates through the Funeral and Cemetery business segments. The Funeral segment offers professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, cremations, memorialization, and catering. The Cemetery segment provides cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options. The company was founded by Robert L. Waltrip in July 1962 and is headquartered in Houston, TX.
Company profile
Ticker
SCI
Exchange
Website
CEO
Thomas Ryan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
H&R Block • Match • Regis • StoneMor • StoneMor • Unifirst • WW International • Nebula Caravel Acquisition • YogaWorks • Yelp ...
Former names
SERVICE CORPORATION INTERNATIONAL
SEC CIK
Corporate docs
IRS number
741488375
SCI stock data
()
Press releases
Service Corporation International Declares Quarterly Cash Dividend
18 Feb 21
Service Corp. International to Host Earnings Call
16 Feb 21
Service Corporation International Announces Fourth Quarter 2020 Financial Results And Provides 2021 Guidance
15 Feb 21
Service Corporation International To Become Donate Life America Partner
11 Feb 21
Service Corporation International Announces Schedule For Its Fourth Quarter 2020 Earnings Release and Conference Call
2 Feb 21
Calendar
15 Feb 21
2 Mar 21
31 Dec 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 238.61M | 238.61M | 238.61M | 238.61M | 238.61M | 238.61M |
Cash burn (monthly) | (positive/no burn) | 334.17K | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | n/a | 683.23K | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 237.93M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 712.0 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Feb 21 | Tidwell Steven A | Common Stock | Grant | Aquire A | No | No | 0 | 6,500 | 0 | 51,554 |
17 Feb 21 | Tidwell Steven A | Employee Stock Option Common Stock | Grant | Aquire A | No | No | 49.59 | 38,000 | 1.88M | 38,000 |
17 Feb 21 | Moore Tammy R | Common Stock | Grant | Aquire A | No | No | 0 | 2,100 | 0 | 35,864 |
17 Feb 21 | Moore Tammy R | Employee Stock Option Common Stock | Grant | Aquire A | No | No | 49.59 | 12,300 | 609.96K | 12,300 |
17 Feb 21 | Gregory T Sangalis | Common Stock | Grant | Aquire A | No | No | 0 | 6,310 | 0 | 125,183 |
17 Feb 21 | Gregory T Sangalis | Employee Stock Option Common Stock | Grant | Aquire A | No | No | 49.59 | 36,900 | 1.83M | 36,900 |
17 Feb 21 | Waring Sumner J Iii | Common Stock | Grant | Aquire A | No | No | 0 | 8,600 | 0 | 332,046 |
17 Feb 21 | Waring Sumner J Iii | Employee Stock Option Common Stock | Grant | Aquire A | No | No | 49.59 | 50,300 | 2.49M | 50,300 |
17 Feb 21 | Nash Elisabeth G. | Common Stock | Grant | Aquire A | Yes | No | 0 | 3,612 | 0 | 70,229 |
17 Feb 21 | Nash Elisabeth G. | Common Stock | Grant | Aquire A | No | No | 0 | 1,548 | 0 | 122,982 |
Institutional ownership Q1 2021
13F holders |
Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares |
Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|
Financial report summary
?Risks
- Our affiliated trust funds own investments in securities, which are affected by market conditions that are beyond our control.
- We may be required to replenish our affiliated funeral and cemetery trust funds to meet minimum funding requirements, which would have a negative effect on our earnings and cash flow.
- Our ability to execute our strategic plan depends on many factors, some of which are beyond our control.
- Our credit agreements contain covenants that may prevent us from engaging in certain transactions.
- If we lost the ability to use surety bonding to support our preneed activities, we may be required to make material cash payments to fund certain trust funds.
- Increasing death benefits related to preneed contracts funded through life insurance or annuity contracts may not cover future increases in the cost of providing a price-guaranteed service.
- The financial condition of third-party insurance companies that fund our preneed contracts may impact our future revenue.
- Unfavorable publicity could affect our reputation and business.
- We use a combination of insurance, self-insurance, and large deductibles in managing our exposure to certain inherent risks; therefore, we could be exposed to unexpected costs that could negatively affect our financial performance.
- Declines in overall economic conditions beyond our control could reduce future potential earnings and cash flows and could result in future impairments to goodwill and/or other intangible assets.
- Any failure to maintain the security of the information relating to our customers, their loved ones, our associates, and our vendors could damage our reputation, could cause us to incur substantial additional costs and to become subject to litigation, and could adversely affect our operating results, financial condition, or cash flow.
- Our Canadian business exposes us to operational, economic, and currency risks.
- Our level of indebtedness could adversely affect our ability to raise additional capital to fund our operations, limit our ability to react to changes in the economy or our industry, and may prevent us from fulfilling our obligations under our indebtedness.
- A failure of a key information technology system or process could disrupt and adversely affect our business.
- Failure to maintain effective internal control over financial reporting could adversely affect our results of operations, investor confidence, and our stock price.
- The funeral and cemetery industry is competitive.
- If the number of deaths in our markets declines, our cash flows and revenue may decrease. Changes in the number of deaths are not predictable from market to market or over the short term.
- If we are not able to respond effectively to changing consumer preferences, our market share, revenue, and/or profitability could decrease.
- The continuing upward trend in the number of cremations performed in North America could result in lower revenue, operating profit, and cash flows.
- Our funeral and cemetery businesses are high fixed-cost businesses.
- Regulation and compliance could have a material adverse impact on our financial results.
- Unfavorable results of litigation could have a material adverse impact on our financial statements.
- Cemetery burial practice claims could have a material adverse impact on our financial results.
- The application of unclaimed property laws by certain states to our preneed funeral and cemetery backlog could have a material adverse impact on our liquidity, cash flows, and financial results.
- Changes in taxation as well as the inherent difficulty in quantifying potential tax effects of business decisions could have a material adverse effect on the results of our operations, financial condition, or cash flows.
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
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Removed:
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Financial reports
10-K
2019 FY
Annual report
15 Feb 21
10-Q
2020 Q3
Quarterly report
29 Oct 20
10-Q
2020 Q2
Quarterly report
30 Jul 20
10-Q
2020 Q1
Quarterly report
30 Apr 20
10-K
2019 FY
Annual report
18 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
30 Jul 19
10-Q
2019 Q1
Quarterly report
25 Apr 19
10-K
2018 FY
Annual report
20 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
Current reports
8-K
Declares Quarterly Cash Dividend
18 Feb 21
8-K
Results of Operations and Financial Condition
16 Feb 21
8-K
Departure of Directors or Certain Officers
12 Nov 20
8-K
Results of Operations and Financial Condition
28 Oct 20
8-K
Declares Quarterly Cash Dividend and Increases Share Repurchase Authorization
12 Aug 20
8-K
Service Corporation International Announces Expiration and Results of Tender Offer
10 Aug 20
8-K
Service Corporation International Announces Pricing of Senior Notes Offering
5 Aug 20
8-K
Service Corporation International Announces Senior Notes Offering
3 Aug 20
8-K
Announces Second Quarter 2020 Financial Results and Provides
29 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
19 May 20
Registration and prospectus
S-3ASR
Automatic shelf registration
22 Dec 20
424B2
Prospectus for primary offering
5 Aug 20
FWP
Free writing prospectus
3 Aug 20
424B3
Prospectus supplement
3 Aug 20
424B2
Prospectus for primary offering
9 May 19
FWP
Free writing prospectus
7 May 19
424B3
Prospectus supplement
7 May 19
424B2
Prospectus for primary offering
6 Dec 17
424B3
Prospectus supplement
4 Dec 17
FWP
Free writing prospectus
4 Dec 17
Proxies
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEF 14A
Definitive proxy
27 Mar 20
DEFA14A
Additional proxy soliciting materials
27 Mar 19
DEF 14A
Definitive proxy
27 Mar 19
DEFA14A
Additional proxy soliciting materials
9 Apr 18
DEF 14A
Definitive proxy
9 Apr 18
PRE 14A
Preliminary proxy
28 Mar 18
DEF 14A
Definitive proxy
29 Mar 17
DEFA14A
Additional proxy soliciting materials
29 Mar 17
DEFA14A
Additional proxy soliciting materials
26 Apr 16
Other
UPLOAD
Letter from SEC
25 Jan 21
CORRESP
Correspondence with SEC
24 Jan 21
CORRESP
Correspondence with SEC
14 Jan 21
CORRESP
Correspondence with SEC
20 Dec 20
UPLOAD
Letter from SEC
16 Dec 20
CORRESP
Correspondence with SEC
10 Dec 20
CORRESP
Correspondence with SEC
15 Nov 20
UPLOAD
Letter from SEC
11 Nov 20
UPLOAD
Letter from SEC
22 Jan 20
CORRESP
Correspondence with SEC
16 Jan 20
Ownership
4
SERVICE CORP INTERNATIONAL / ERIC D TANZBERGER ownership change
19 Feb 21
4
SERVICE CORP INTERNATIONAL / John H Faulk ownership change
19 Feb 21
4
SERVICE CORP INTERNATIONAL / THOMAS L RYAN ownership change
19 Feb 21
4
SERVICE CORP INTERNATIONAL / Elisabeth G. Nash ownership change
19 Feb 21
4
SERVICE CORP INTERNATIONAL / SUMNER J WARING III ownership change
19 Feb 21
4
SERVICE CORP INTERNATIONAL / Tammy R Moore ownership change
19 Feb 21
4
SERVICE CORP INTERNATIONAL / Gregory T Sangalis ownership change
19 Feb 21
4
SERVICE CORP INTERNATIONAL / Steven A Tidwell ownership change
19 Feb 21
SC 13G
SERVICE CORP INTERNATIONAL / Select Equity ownership change
12 Feb 21
SC 13G/A
SERVICE CORP INTERNATIONAL / VANGUARD ownership change
10 Feb 21
Transcripts
2020 Q4
Earnings call transcript
16 Feb 21
2020 Q3
Earnings call transcript
29 Oct 20
2020 Q2
Earnings call transcript
30 Jul 20
2020 Q1
Earnings call transcript
1 May 20
2019 Q4
Earnings call transcript
18 Feb 20
2019 Q3
Earnings call transcript
31 Oct 19
2019 Q2
Earnings call transcript
30 Jul 19
2019 Q1
Earnings call transcript
25 Apr 19
2018 Q4
Earnings call transcript
19 Feb 19
2018 Q3
Earnings call transcript
30 Oct 18
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