Service Corporation International (SCI) Investor presentation summary

Strategic priorities and business model

• Focused on growing revenue, leveraging scale, and deploying capital to drive long-term value.

• Maintains a strong business model with a sustainable growth platform and significant cash flow.

• Industry leader in innovation, technology, and preneed sales, with a differentiated backlog model.

• Poised for incremental growth due to demographic tailwinds and market share gains.

Financial position and shareholder returns

• Liquidity of $1.56B and leverage ratio of 3.65x, targeting a range of 3.5x–4.0x.

• Returned ~$7.1B to shareholders via dividends and share repurchases since 2004, reducing outstanding shares by 57%.

• Dividends per share have grown at a 16% CAGR from 2005–2024.

• Delivered superior total shareholder returns over 3, 5, and 10 years compared to major indices.

Market position and scale

• Largest player in the fragmented deathcare industry with $4.2B in revenue and ~17% market share in the U.S. and Canada.

• Operates 1,989 locations, including 1,331 funeral homes and 496 cemeteries, with 62% of cemeteries co-located with funeral homes.

• Employs 25,000 people and serves approximately 700,000 customers annually.