Service CORP International: management transactions · United States · SEC (Form 4)

About Service CORP International

Service Corporation International (SCI) is listed on the NYSE in the United States and is the leading provider of funeral, cremation, and cemetery services in North America. For French-speaking investors, SCI stands out as a defensive, highly recurring, and relatively non-cyclical business, supported by a structurally essential need rather than discretionary demand. The company provides funeral arrangements, cremation services, cemetery property sales, pre-need planning, and related memorial products and services, with Dignity Memorial as its best-known consumer brand. Founded in 1962, SCI built its platform through long-term consolidation of a fragmented industry, acquiring independent operators and steadily expanding its local footprint. Its headquarters are in Houston, Texas, underscoring both its U.S. base and the centralized corporate structure that supports a broad, distributed operating network. As of December 31, 2025, SCI operated approximately 1,485 funeral service locations and 500 cemeteries, including 312 combination funeral home/cemetery locations, across 44 U.S. states, eight Canadian provinces, the District of Columbia, and Puerto Rico. The company operates through two core segments: funeral and cemetery. In funeral operations, SCI manages funeral homes, cremation facilities, pre-need arrangements, and associated services. In cemetery operations, it sells burial property, memorialization products, and related services, while also benefiting from pre-need funding structures that help improve visibility into future demand. This dual model gives SCI exposure to both immediate-need services and more predictable pre-need revenue streams. From a competitive standpoint, SCI’s scale is one of its main strategic advantages. It enjoys broad geographic coverage, strong local brand recognition, significant purchasing power, and the ability to deploy capital into acquisitions, new build projects, and property development. That scale also creates barriers to entry in a business where trust, local relationships, and operational consistency matter. The company positions itself as North America’s largest deathcare provider, serving more than 600,000 families annually on its corporate website, while recent investor communications have cited about 700,000 families served each year. Recent operating news has been constructive. In its February 2026 fourth-quarter and full-year 2025 results, SCI reported higher revenue, gross profit growth, and solid preneed sales production, while continuing to invest in cemetery development, real estate, facility expansions, and acquisitions. In April 2026, the company confirmed its 2026 guidance following first-quarter results, which suggests management remains confident in execution and in the durability of its long-term growth framework. For equity investors, SCI remains a large-cap U.S. funeral and cemetery franchise with defensive characteristics, steady cash generation, and a disciplined capital-allocation profile.