Jun 2026 (Q2 FY26) — Jul 30, 2026
Service Corporation International Q2 FY26 — Strong Preneed Sales and Raised Cash Flow Guidance
Read the full callService Corporation International (SCI) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Service Corporation International earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,103 | +3.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 21.0 | −0.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 125 | +1.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
12 of 14 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year adjusted EPS | growth within the long-term 8%-12% EPS growth framework | Sep 2025 | The $4.20 midpoint of our annual guidance range for 2026 is confirmed as we narrow the range expected for adjusted earnings per share of $4.10 to $4.30. | Revised Up |
| Full-year business acquisition (M&A) capital spend | $75 million to $125 million | Dec 2025 | we remain confident in the current acquisition pipeline and our ability to achieve $75 million to $125 million of acquisition investment target for the full year of 2026 | On Track |
| Full-year effective tax rate | 25% to 26% (about 25.5%) | Dec 2024 | we expect full year 2026 as ETR to trend the line with 2025 at 25% to 26% | Achieved |
2 of SERVICE CORP INTERNATIONAL's 31 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 28 more targets are in the full ledger.
Claimed
- Adjusted EPS increased to $0.90 from $0.88 in the prior year.
- Comparable preneed cemetery sales production grew by 8%.
- Comparable preneed funeral sales production grew by 7%.
- Adjusted operating cash flow increased by $71 million to $239 million.
- Adjusted operating cash flow guidance for FY26 raised by $50 million to $1.085 billion midpoint.
Qualified
- Funeral revenues grew marginally by 1%, with gross profit percentage down 130 basis points to 18.5%.
- Funeral gross profit was impacted by higher selling compensation due to a shift to insurance-funded sales.
- Cemetery gross profit margins were relatively flat at approximately 33% due to higher selling compensation.
- Comparable core Funeral volume declined by 1.7%.
Price
$81.37 +0.67% · +$0.54
Performance −65.1% 1Y
1Y: $233.34 on 15 Oct 2025 → $81.37. High $344.7 (18 May 2026), low $75.94 (5 Oct 2026).
- Previous close
- $80.83
- 52-week range
- $75.94 – $344.7
- One year
- −64.44%
Overview
- Symbol
- SCI
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
12 of 14 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year adjusted EPS | growth within the long-term 8%-12% EPS growth framework | Sep 2025 | The $4.20 midpoint of our annual guidance range for 2026 is confirmed as we narrow the range expected for adjusted earnings per share of $4.10 to $4.30. | Revised Up |
| Full-year business acquisition (M&A) capital spend | $75 million to $125 million | Dec 2025 | we remain confident in the current acquisition pipeline and our ability to achieve $75 million to $125 million of acquisition investment target for the full year of 2026 | On Track |
| Full-year effective tax rate | 25% to 26% (about 25.5%) | Dec 2024 | we expect full year 2026 as ETR to trend the line with 2025 at 25% to 26% | Achieved |
Claimed
- Adjusted EPS increased to $0.90 from $0.88 in the prior year.
- Comparable preneed cemetery sales production grew by 8%.
- Comparable preneed funeral sales production grew by 7%.
- Adjusted operating cash flow increased by $71 million to $239 million.
- Adjusted operating cash flow guidance for FY26 raised by $50 million to $1.085 billion midpoint.
Qualified
- Funeral revenues grew marginally by 1%, with gross profit percentage down 130 basis points to 18.5%.
- Funeral gross profit was impacted by higher selling compensation due to a shift to insurance-funded sales.
- Cemetery gross profit margins were relatively flat at approximately 33% due to higher selling compensation.
- Comparable core Funeral volume declined by 1.7%.
The full ledger
Open SERVICE CORP INTERNATIONAL’s full ledger
A free account opens 5 company ledgers a month. All 31 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 30, 2026
Service Corporation International Q1 FY26 — Resilient Performance Amidst Funeral Volume Headwinds
Read the full callEvery analysed call
Service Corporation International earnings calls (SCI)
Financials
What the filings say
Net profit, year on year: +2% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,014 | 1,093 | 1,074 | 1,065 | 1,058 | 1,112 | 1,096 | 1,103 |
| Operating profit | 212 | 262 | 252 | 224 | 226 | 276 | 244 | 232 |
| Operating margin | 20.9% | 24.0% | 23.4% | 21.1% | 21.4% | 24.8% | 22.2% | 21.0% |
| Other income | 3 | -1 | 3 | 4 | 0 | 0 | 1 | -0 |
| Interest | 66 | 63 | 61 | 64 | 66 | 64 | 64 | 65 |
| Profit before tax | 149 | 198 | 193 | 164 | 161 | 211 | 181 | 167 |
| Tax rate | 21.1% | 23.4% | 26.1% | 25.2% | 26.9% | 24.5% | 25.0% | 25.1% |
| Net profit | 118 | 151 | 143 | 123 | 117 | 159 | 136 | 125 |
| EPS ($ per share) | 0.81 | — | 0.99 | 0.87 | 0.84 | — | 0.98 | 0.91 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 474 | 602 | 561 | 727 | 544 | 432 | 554 | 499 |
| Total liabilities | 11,051 | 11,854 | 12,763 | 13,782 | 13,393 | 14,814 | 15,701 | 17,016 |
| Fixed assets | 1,977 | 2,065 | 2,134 | 2,252 | 2,351 | 2,480 | 2,581 | 2,752 |
| Total assets | 12,693 | 13,677 | 14,515 | 15,691 | 15,066 | 16,355 | 17,379 | 18,655 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 616 | 629 | 804 | 921 | 826 | 869 | 945 | 943 |
| Cash from investing | -415 | -279 | -318 | -415 | -448 | -469 | -621 | -548 |
| Cash from financing | -329 | -319 | -493 | -466 | -448 | -381 | -320 | -375 |
| Net cash flow | -133 | 35 | -4 | 40 | -74 | 20 | -3 | — |
| Capital expenditure | -236 | -240 | -222 | -304 | -370 | -362 | -374 | -389 |
| Free cash flow | 380 | 389 | 582 | 617 | 456 | 507 | 571 | 554 |
SCI revenue by segment
Cemetery grew from 44% to 45% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q4 FY2026 | Q4 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Funeral | 56% | 54% | 60% | 56% | 54% | 54% | 58% | 55% | +2.3% |
| Cemetery | 44% | 46% | 40% | 45% | 46% | 46% | 42% | 45% | +5.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
SCI operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Employees | 25K+And as Tom just finished, I'm going to start that way and take a moment to really sincerely thank our more than 25,000 associates across the entire SCI network.Source: earnings call transcript | 25K+Before I begin my prepared remarks, I want to take a moment to do what we always do, which is most important, and that's to thank our more than 25,000 associates across the entire SCI network and across our company for how they handle the families, work with the families in a compassionate way and continue to have that compassion and care across all the communities that they serve.Source: earnings call transcript | — |
| Capital expenditures Maintenance | $66MWe invested $66 million of maintenance capital back into our current businesses included in this maintenance spend, we invested $41 million into new cemetery development projects, $20 million into our current funeral home and cemetery locations, which improves the overall customer experience and about $5 million into our digital strategy and some other corporate investments.Source: earnings call transcript | $80MSo to break this down, we invested $80 million of maintenance capital back into our current locations which is [indiscernible] into our current funeral home and cemetery locations, which again improves the overall customer experience and $6 million into our digital strategy and other corporate investments.Source: earnings call transcript | +21.2% |
| Capital expenditures Digital strategy and corporate investments | ~$5MWe invested $66 million of maintenance capital back into our current businesses included in this maintenance spend, we invested $41 million into new cemetery development projects, $20 million into our current funeral home and cemetery locations, which improves the overall customer experience and about $5 million into our digital strategy and some other corporate investments.Source: earnings call transcript | $6MSo to break this down, we invested $80 million of maintenance capital back into our current locations which is [indiscernible] into our current funeral home and cemetery locations, which again improves the overall customer experience and $6 million into our digital strategy and other corporate investments.Source: earnings call transcript | — |
| Capital expenditures Growth | $17MWe also invested $17 million of growth capital in the quarter towards the construction of new funeral homes as well as the purchase of some real estate for future new builds and expansion opportunities.Source: earnings call transcript | $25MWe also invested $25 million of growth capital during the quarter towards the construction of new funeral homes as well as the purchase of real estate for future new build and expansion opportunities.Source: earnings call transcript | +47.1% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q4 FY2026 · share of revenue
- US 95%
- CA 5%
As SCI cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
51 filings between Oct 31, 2025 and Aug 25, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$41.78M
11 sales by 7 insiders
Compensation
not trading decisions- 18
- Award — granted as compensation
- 9
- Option exercise — converted options into shares
- 7
- Tax withheld — shares kept back by the company to cover tax
Also filed: 4 gifts, 1 disposition to issuer, 1 code i.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| RYAN THOMAS L | — | $21.60M | Jul 31, 2026 |
| TANZBERGER ERIC D | — | $11.30M | Aug 3, 2026 |
| Nash Elisabeth G. | — | $3.24M | Dec 4, 2025 |
| WARING SUMNER J III | — | $2.52M | Oct 31, 2025 |
| Faulk John H | — | $2.11M | Jul 31, 2026 |
| COELHO TONY | — | $615.0K | Mar 10, 2026 |
| Moore Tammy R | — | $402.4K | Feb 13, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 25, 2026 | LUND VICTOR L Director | Code I | 193,900 | $16.37M |
| Aug 3, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Sale | 54,800 | $4.72M |
| Aug 3, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Option exercise | 54,800 | $2.72M |
| Jul 31, 2026 | RYAN THOMAS L CEO & Chairman | Sale | 235,893 | $20.10M |
| Jul 31, 2026 | Faulk John H SVP, COO | Sale | 24,600 | $2.11M |
| Jul 31, 2026 | Faulk John H SVP, COO | Option exercise | 24,600 | $1.05M |
| Jul 31, 2026 | RYAN THOMAS L CEO & Chairman | Option exercise | 235,893 | $10.06M |
| Jul 31, 2026 | RYAN THOMAS L CEO & Chairman | Sale | 17,498 | $1.51M |
| Jul 31, 2026 | RYAN THOMAS L CEO & Chairman | Option exercise | 17,498 | $745.9K |
| May 11, 2026 | COELHO TONY Director | Award | 2,448 | $0 |
| May 11, 2026 | Tucker Sara Martinez Director | Award | 2,448 | $0 |
| May 11, 2026 | WATTS MARCUS A Director | Award | 2,448 | $0 |
| May 11, 2026 | Hill Thad Director | Award | 2,448 | $0 |
| May 11, 2026 | LUND VICTOR L Director | Award | 2,448 | $0 |
| May 11, 2026 | SHAPER C PARK Director | Award | 2,448 | $0 |
| May 11, 2026 | Ochoa Ellen Director | Award | 2,448 | $0 |
| May 11, 2026 | Haussler Jakki L. Director | Award | 2,448 | $0 |
| Mar 10, 2026 | COELHO TONY Director | Sale | 7,700 | $615.0K |
| Mar 5, 2026 | Moore Tammy R VP, Chief Accounting Officer | Tax withheld | 653 | $53.2K |
| Mar 5, 2026 | Faulk John H SVP, COO | Tax withheld | 1,361 | $110.8K |
| Mar 5, 2026 | Nash Elisabeth G. Sr. V.P. Operations Services | Tax withheld | 594 | $48.4K |
| Mar 5, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Tax withheld | 2,277 | $185.4K |
| Mar 5, 2026 | Spilde Lori Sr. V.P. and General Counsel | Tax withheld | 1,353 | $110.2K |
| Mar 5, 2026 | WARING SUMNER J III President | Tax withheld | 3,300 | $268.7K |
| Feb 26, 2026 | Nash Elisabeth G. Sr. V.P. Operations Services | Gift | 6,250 | $0 |
| Feb 25, 2026 | Nash Elisabeth G. Sr. V.P. Operations Services | Gift | 6,250 | $0 |
| Feb 18, 2026 | Nash Elisabeth G. Sr. V.P. Operations Services | Award | 1,365 | $0 |
| Feb 18, 2026 | WARING SUMNER J III President | Award | 9,296 | $0 |
| Feb 18, 2026 | Moore Tammy R VP, Chief Accounting Officer | Award | 1,525 | $0 |
| Feb 18, 2026 | Nash Elisabeth G. Sr. V.P. Operations Services | Award | 3,184 | $0 |
| Feb 18, 2026 | RYAN THOMAS L CEO & Chairman | Award | 33,879 | $0 |
| Feb 18, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Award | 4,648 | $0 |
| Feb 18, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Award | 4,648 | $0 |
| Feb 18, 2026 | Spilde Lori Sr. V.P. and General Counsel | Award | 4,462 | $0 |
| Feb 18, 2026 | Faulk John H SVP, COO | Award | 4,090 | $0 |
| Feb 13, 2026 | Moore Tammy R VP, Chief Accounting Officer | Sale | 5,000 | $402.4K |
| Jan 21, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Award | 2,080 | $0 |
| Jan 21, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Tax withheld | 2,080 | $171.6K |
| Jan 21, 2026 | TANZBERGER ERIC D Exec. VP, and CFO | Disposition to issuer | 2,080 | $171.6K |
| Dec 16, 2025 | RYAN THOMAS L CEO & Chairman | Gift | 10,000 | $0 |
| Dec 4, 2025 | Nash Elisabeth G. Sr. V.P. Operations Services | Option exercise | 42,400 | $1.59M |
| Dec 4, 2025 | Nash Elisabeth G. Sr. V.P. Operations Services | Sale | 42,400 | $3.24M |
| Dec 2, 2025 | WATTS MARCUS A Director | Gift | 1,275 | $0 |
| Nov 5, 2025 | TANZBERGER ERIC D Exec. VP, and CFO | Sale | 80,742 | $6.58M |
| Nov 5, 2025 | TANZBERGER ERIC D Exec. VP, and CFO | Option exercise | 80,742 | $4.10M |
| Nov 5, 2025 | TANZBERGER ERIC D Exec. VP, and CFO | Sale | 58 | $4.7K |
| Nov 5, 2025 | TANZBERGER ERIC D Exec. VP, and CFO | Option exercise | 58 | $2.9K |
| Oct 31, 2025 | WARING SUMNER J III President | Sale | 500 | $42.1K |
| Oct 31, 2025 | WARING SUMNER J III President | Option exercise | 500 | $24.8K |
| Oct 31, 2025 | WARING SUMNER J III President | Sale | 29,800 | $2.48M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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