Service Corporation International (SCI)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 518,648 | 537,317 | 565,338 | 802,939 | 515,907 |
| Total stockholders’ equity | US$ in thousands | 1,678,000 | 1,541,260 | 1,673,190 | 1,909,440 | 1,752,750 |
| ROE | 30.91% | 34.86% | 33.79% | 42.05% | 29.43% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $518,648K ÷ $1,678,000K
= 30.91%
Service Corporation International's Return on Equity (ROE) has shown fluctuating trends over the past five years. The ROE increased from 29.43% as of December 31, 2020, to 42.05% by the end of 2021, reflecting a significant improvement in profitability and efficiency in generating returns for shareholders.
However, in the following years, the ROE experienced some fluctuations while maintaining relatively high levels. By the end of 2022, the ROE stood at 33.79%, and it increased slightly to 34.86% by the end of 2023. In the most recent period reported, December 31, 2024, the ROE decreased to 30.91%, indicating a slight decline in the company's ability to generate profits relative to shareholders' equity.
Overall, Service Corporation International's ROE performance demonstrates a generally positive trend with occasional fluctuations. The company has been effective in utilizing shareholders' equity to generate returns, although the recent decrease in ROE warrants further investigation to identify underlying causes and potential areas for improvement.
Peer comparison
Dec 31, 2024