Death care industry company Service Corporation International recently presented at the Raymond James 39th Annual Institutional Investors Conference. I’ve found a slide deck about their company on Seeking Alpha that you can see here. It was part of their power point presentation to institutional investors and is an interesting synopsis of the company as to where they are and where they hope to be headed.
One of the interesting slides I noticed showed the market share of services in North America in the fragmented funeral services industry and it points out just how large SCI is. In a nutshell, here is what it showed as the Top 5 Market Share leaders in North America:
- 15-16% SCI
- 1.6 % StoneMor Partners
- 1.3% Carriage Services
- 1.2% NorthStar
- 1.1% Arbor
The slide deck also revealed that SCI does about $3.1 billion in annual revenue and has about $10.7 billion in pre-need backlog of cases.