Service Corporation International (SCI)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 537,317 | 565,338 | 802,939 | 515,907 | 369,596 |
| Revenue | US$ in thousands | 4,099,780 | 4,108,660 | 4,143,140 | 3,511,510 | 3,230,780 |
| Net profit margin | 13.11% | 13.76% | 19.38% | 14.69% | 11.44% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $537,317K ÷ $4,099,780K
= 13.11%
Service Corp. International's net profit margin has shown fluctuation over the past five years. The net profit margin was 13.11% in 2023, slightly lower than the previous year but still within a reasonable range. In 2022, the net profit margin was 13.76%, showing a slight decrease compared to 2021 when it was at its highest at 19.38%. The net profit margin was relatively stable in 2020 at 14.69% and 2019 at 11.44%.
Overall, the company's net profit margin has demonstrated some variability, which could be related to changes in revenue, expenses, or other operational factors. It is important to delve deeper into the financial performance and operating efficiency of Service Corp. International to understand the drivers behind these fluctuations in the net profit margin.
Peer comparison
Dec 31, 2023