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Service Corporation International (SCI) Presents at Bank ...
2026-05-14 · via All Articles on Seeking Alpha

Service Corporation International (SCI) Bank of America Global Healthcare Conference 2026 May 13, 2026 2:20 PM EDT

Company Participants

Eric Tanzberger - Executive VP & CFO

Conference Call Participants

Joanna Gajuk - BofA Securities, Research Division

Presentation

Joanna Gajuk
BofA Securities, Research Division

Conference. My name is Joanna Gajuk. I cover healthcare provider companies, but also some other companies. So now it's my pleasure to have Service Corp with us and Eric Tanzberger, who's the CFO. It's not healthcare company, but there are a lot of actually common themes we want to talk about.

Question-and-Answer Session

Joanna Gajuk
BofA Securities, Research Division

And actually, I want to start about that because there's still a lot of debates around the death rate and the call it, post-COVID overhang. So kind of bring us up to speed in terms of your latest thoughts. Are we kind of done with the overhang and kind of how we should think about the death rate going forward?

Eric Tanzberger
Executive VP & CFO

Yes. If you go back to COVID, just to lay the groundwork here, I just want to talk about SCI just for 1 second, largest in the industry. We are 1,500 funeral homes and about 500 cemeteries, a little under $4.5 billion of revenues, about $1.4 billion, $1.5 billion of EBITDA and predominantly in the U.S. and Canada. We're not -- in fact, we're not outside U.S. and Canada any longer.

So we perform about 350,000 funeral services a year as a very general statement. So what Joanna is asking about is in COVID, we obviously performed about an extra 130,000 above and beyond that 350,000, 130,000 more funeral services that were performed by us during the COVID, and that's over maybe a 2-year period, 2.5-year period, if you will.

Ultimately, those