Service Corporation International (SCI)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 23.54% | 23.52% | 23.65% | 23.68% |
| Operating profit margin | 23.03% | 21.34% | 20.99% | 20.80% | 22.57% | 25.67% | 27.74% | 28.35% | 28.74% | 28.93% | 27.73% | 27.28% | 24.00% | 23.53% | 21.70% | 20.75% | 20.63% | 18.69% | 18.75% | 19.22% |
| Pretax margin | 17.28% | 15.97% | 15.99% | 16.15% | 18.37% | 21.68% | 24.15% | 24.79% | 25.23% | 25.39% | 23.38% | 22.77% | 18.85% | 17.91% | 15.90% | 14.52% | 14.37% | 16.54% | 15.84% | 15.65% |
| Net profit margin | 13.11% | 12.06% | 12.11% | 12.19% | 13.76% | 16.48% | 18.38% | 19.00% | 19.38% | 19.59% | 18.08% | 17.51% | 14.69% | 13.62% | 12.50% | 11.50% | 11.44% | 12.98% | 12.88% | 13.92% |
Service Corp. International has shown a declining trend in its profitability ratios over the past few quarters. The gross profit margin has decreased from 43.41% in Q1 2022 to 26.63% in Q4 2023, indicating a decrease in the percentage of revenue retained after accounting for the cost of goods sold. Similarly, the operating profit margin has also declined from 27.77% in Q1 2022 to 22.79% in Q4 2023, reflecting a decrease in operating efficiency and profitability.
The pretax margin and net profit margin have also shown a decreasing trend over the same period. The pretax margin decreased from 24.79% in Q1 2022 to 17.28% in Q4 2023, while the net profit margin decreased from 19.00% in Q1 2022 to 13.11% in Q4 2023. These reductions in profitability ratios suggest that the company's profitability and overall financial performance have weakened over the quarters.
Service Corp. International may need to closely evaluate its cost structure, revenue generation strategies, and overall operational efficiency to reverse this negative profitability trend and improve its financial performance in the coming quarters.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.77% | 5.54% | 5.42% | 5.46% | 6.16% | 7.31% | 7.89% | 7.66% | 7.59% | 7.66% | 7.15% | 6.99% | 5.81% | 5.79% | 5.22% | 5.28% | 4.87% | 4.49% | 4.51% | 4.69% |
| Return on assets (ROA) | 3.29% | 3.13% | 3.13% | 3.20% | 3.75% | 4.69% | 5.23% | 5.13% | 5.12% | 5.19% | 4.66% | 4.48% | 3.55% | 3.35% | 3.01% | 2.93% | 2.70% | 3.12% | 3.10% | 3.40% |
| Return on total capital | 15.31% | 14.24% | 13.99% | 14.07% | 15.65% | 18.19% | 20.13% | 20.48% | 20.58% | 20.72% | 18.88% | 19.22% | 15.66% | 14.62% | 13.00% | 12.34% | 12.18% | 13.69% | 13.37% | 13.41% |
| Return on equity (ROE) | 34.86% | 30.13% | 29.79% | 30.25% | 33.79% | 40.52% | 41.78% | 43.06% | 42.05% | 41.07% | 37.28% | 35.82% | 29.43% | 26.51% | 23.11% | 21.26% | 20.27% | 23.40% | 23.71% | 26.14% |
Service Corp. International's profitability ratios show a consistent trend in the recent quarters. The Operating return on assets (Operating ROA) has been relatively stable ranging from 5.31% to 7.76% over the past eight quarters, indicating the company's ability to generate operating income from its assets. The Return on assets (ROA) has also shown a consistent range of 3.13% to 5.13%, reflecting the company's overall profitability in utilizing its total assets.
Furthermore, the Return on total capital has ranged from 13.52% to 19.76%, demonstrating the return generated from the total capital employed in the business. Lastly, the Return on equity (ROE) has shown a similar trend with percentages ranging from 29.79% to 43.06%, indicating the return generated for the company's shareholders' equity.
Overall, Service Corp. International has maintained a solid level of profitability over the quarters, with consistent returns on assets, total capital, and equity. It suggests that the company is effectively utilizing its resources to generate profits and create value for its stakeholders.