Service Corporation International (SCI)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,090,657 | 1,072,329 | 1,073,373 | 1,076,926 | 1,091,807 | 1,084,333 | 1,061,606 | 1,066,783 | 1,154,602 | 1,203,819 | 1,310,866 | 1,317,545 | 1,323,075 | 1,309,130 | 1,234,783 | 1,180,226 | 976,827 | 879,335 | 775,411 | 747,790 |
| Revenue (ttm) | US$ in thousands | 4,186,380 | 4,149,160 | 4,137,060 | 4,116,450 | 4,099,780 | 4,071,660 | 4,047,520 | 4,024,965 | 4,108,655 | 4,124,235 | 4,180,885 | 4,177,565 | 4,143,145 | 4,070,153 | 3,954,024 | 3,786,524 | 3,511,509 | 3,392,001 | 3,243,001 | 3,235,538 |
| Gross profit margin | 26.05% | 25.84% | 25.95% | 26.16% | 26.63% | 26.63% | 26.23% | 26.50% | 28.10% | 29.19% | 31.35% | 31.54% | 31.93% | 32.16% | 31.23% | 31.17% | 27.82% | 25.92% | 23.91% | 23.11% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,090,657K ÷ $4,186,380K
= 26.05%
Service Corporation International's gross profit margin has shown a fluctuating trend over the past few years. The company's gross profit margin started at 23.11% in March 2020 and gradually increased to 32.16% by September 2021, showing improvement in the company's ability to generate profits from its core operations.
However, the gross profit margin slightly dipped to 28.10% by December 2022 and continued to decrease to 25.84% by September 2024, indicating potential challenges in maintaining profitability. The company experienced a slight increase to 26.05% by December 2024 but remained below the peak levels observed in the earlier period.
Overall, Service Corporation International's gross profit margin has exhibited variability, implying the need for the company to focus on cost management and revenue generation strategies to sustain and enhance profitability in the future.
Peer comparison
Dec 31, 2024