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SCI (Service International) Gross Margin % : 24.92% (As of Sep. 2024)


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What is Service International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Service International's Gross Profit for the three months ended in Sep. 2024 was $253 Mil. Service International's Revenue for the three months ended in Sep. 2024 was $1,014 Mil. Therefore, Service International's Gross Margin % for the quarter that ended in Sep. 2024 was 24.92%.


The historical rank and industry rank for Service International's Gross Margin % or its related term are showing as below:

SCI' s Gross Margin % Range Over the Past 10 Years
Min: 22.33   Med: 23.69   Max: 31.93
Current: 25.95


During the past 13 years, the highest Gross Margin % of Service International was 31.93%. The lowest was 22.33%. And the median was 23.69%.

SCI's Gross Margin % is ranked worse than
77.78% of 99 companies
in the Personal Services industry
Industry Median: 45.6 vs SCI: 25.95

Service International had a gross margin of 24.92% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Service International was 3.60% per year.


Service International Gross Margin % Historical Data

The historical data trend for Service International's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Service International Gross Margin % Chart

Service International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.54 27.82 31.93 28.10 26.63

Service International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.32 27.24 26.23 24.94 24.92

Competitive Comparison of Service International's Gross Margin %

For the Personal Services subindustry, Service International's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Service International's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Service International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Service International's Gross Margin % falls into.



Service International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Service International's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1091.8 / 4099.778
=(Revenue - Cost of Goods Sold) / Revenue
=(4099.778 - 3007.971) / 4099.778
=26.63 %

Service International's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=252.6 / 1013.958
=(Revenue - Cost of Goods Sold) / Revenue
=(1013.958 - 761.319) / 1013.958
=24.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Service International  (NYSE:SCI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Service International had a gross margin of 24.92% for the quarter that ended in Sep. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Service International Gross Margin % Related Terms

Thank you for viewing the detailed overview of Service International's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Service International Business Description

Traded in Other Exchanges
Address
1929 Allen Parkway, Houston, TX, USA, 77019
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates an amount of the company's total income. Geographically, the company derives majority share of revenue from the United States.
Executives
Steven A Tidwell officer: V.P. Main Street Operations 1929 ALLEN PARKWAY, HOUSTON TX 77019
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
Ellen Ochoa director 1929 ALLEN PARKWAY, HOUSTON TX 77019
Thomas L Ryan officer: President,Chief Operating Off. 1929 ALLEN PARKWAY, HOUSTON TX 77219
Tammy R Moore other: Corporate Controller 1929 ALLEN PARKWAY, HOUSTON TX 77019
Eric D Tanzberger officer: VP, Corporate Controller 1929 ALLEN PARKWAY, HOUSTON TX 77219
Victor L Lund director ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
Waring Sumner J Iii officer: VP Western Operations 1929 ALLEN PARKWAY, HOUSTON TX 77219
W Blair Waltrip director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
John H Faulk officer: Vice Pres Business Development 1929 ALLEN PARKWAY, HOUSTON TX 77019
Elisabeth G. Nash officer: V.P. Processes & Technology 1929 ALLEN PARKWAY, HOUSTON TX 77019
Lori Spilde officer: Sr. V.P. and General Counsel 1929 ALLEN PARKWAY, HOUSTON TX 77019
Buckwalter Alan R Iii director
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Gregory T Sangalis officer: Sr. V.P. and General Counsel 46 HIBURY DRIVE, HOUSTON TX 77024