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Side-by-side financial comparison of Grab Holdings Ltd (GRAB) and SERVICE CORP INTERNATIONAL (SCI). Click either name above to swap in a different company.

Grab Holdings Ltd is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.3× SERVICE CORP INTERNATIONAL). SERVICE CORP INTERNATIONAL runs the higher net margin — 14.3% vs 1.8%, a 12.6% gap on every dollar of revenue.

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in one-north, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices. It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

International Distribution Services Limited is a British company providing postal and courier services. IDS was created in 2013 by the UK government as a new holding company of Royal Mail, and a majority of its shares were then sold on the London Stock Exchange, with the government initially retaining a 30 per cent at the time. As of April 2025, IDS is owned and operated by Czech-based EP Group, owned by Daniel Křetínský.

GRAB vs SCI — Head-to-Head

Bigger by revenue
GRAB
GRAB
1.3× larger
GRAB
$1.5B
$1.1B
SCI
Higher net margin
SCI
SCI
12.6% more per $
SCI
14.3%
1.8%
GRAB

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
GRAB
GRAB
SCI
SCI
Revenue
$1.5B
$1.1B
Net Profit
$26.0M
$159.4M
Gross Margin
43.1%
28.0%
Operating Margin
-2.5%
24.8%
Net Margin
1.8%
14.3%
Revenue YoY
1.7%
Net Profit YoY
5.3%
EPS (diluted)
$0.01
$1.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRAB
GRAB
SCI
SCI
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.5B
$1.1B
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B
Net Profit
GRAB
GRAB
SCI
SCI
Q4 25
$159.4M
Q3 25
$117.5M
Q2 25
$122.9M
Q1 25
$142.9M
Q4 24
$26.0M
$151.4M
Q3 24
$117.8M
Q2 24
$118.2M
Q1 24
$131.3M
Gross Margin
GRAB
GRAB
SCI
SCI
Q4 25
28.0%
Q3 25
25.1%
Q2 25
25.5%
Q1 25
27.1%
Q4 24
43.1%
28.0%
Q3 24
24.9%
Q2 24
24.9%
Q1 24
26.2%
Operating Margin
GRAB
GRAB
SCI
SCI
Q4 25
24.8%
Q3 25
21.4%
Q2 25
21.1%
Q1 25
23.4%
Q4 24
-2.5%
24.0%
Q3 24
20.9%
Q2 24
21.4%
Q1 24
22.2%
Net Margin
GRAB
GRAB
SCI
SCI
Q4 25
14.3%
Q3 25
11.1%
Q2 25
11.5%
Q1 25
13.3%
Q4 24
1.8%
13.8%
Q3 24
11.6%
Q2 24
11.4%
Q1 24
12.6%
EPS (diluted)
GRAB
GRAB
SCI
SCI
Q4 25
$1.13
Q3 25
$0.83
Q2 25
$0.86
Q1 25
$0.98
Q4 24
$0.01
$1.02
Q3 24
$0.81
Q2 24
$0.81
Q1 24
$0.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRAB
GRAB
SCI
SCI
Cash + ST InvestmentsLiquidity on hand
$3.0B
$243.6M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$6.4B
$1.6B
Total Assets
$9.3B
$18.7B
Debt / EquityLower = less leverage
3.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRAB
GRAB
SCI
SCI
Q4 25
$243.6M
Q3 25
$241.3M
Q2 25
$255.4M
Q1 25
$227.2M
Q4 24
$3.0B
$218.8M
Q3 24
$185.4M
Q2 24
$184.4M
Q1 24
$205.6M
Total Debt
GRAB
GRAB
SCI
SCI
Q4 25
$5.1B
Q3 25
$5.0B
Q2 25
$5.0B
Q1 25
$4.7B
Q4 24
$4.8B
Q3 24
$4.7B
Q2 24
$4.7B
Q1 24
$4.6B
Stockholders' Equity
GRAB
GRAB
SCI
SCI
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.7B
Q4 24
$6.4B
$1.7B
Q3 24
$1.6B
Q2 24
$1.5B
Q1 24
$1.6B
Total Assets
GRAB
GRAB
SCI
SCI
Q4 25
$18.7B
Q3 25
$18.4B
Q2 25
$18.0B
Q1 25
$17.3B
Q4 24
$9.3B
$17.4B
Q3 24
$17.4B
Q2 24
$16.8B
Q1 24
$16.7B
Debt / Equity
GRAB
GRAB
SCI
SCI
Q4 25
3.10×
Q3 25
3.17×
Q2 25
3.19×
Q1 25
2.87×
Q4 24
2.83×
Q3 24
2.92×
Q2 24
3.05×
Q1 24
2.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRAB
GRAB
SCI
SCI
Operating Cash FlowLast quarter
$591.0M
$212.9M
Free Cash FlowOCF − Capex
$87.2M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
11.3%
Cash ConversionOCF / Net Profit
22.73×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$554.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRAB
GRAB
SCI
SCI
Q4 25
$212.9M
Q3 25
$252.3M
Q2 25
$166.4M
Q1 25
$311.1M
Q4 24
$591.0M
$264.1M
Q3 24
$263.8M
Q2 24
$196.9M
Q1 24
$220.1M
Free Cash Flow
GRAB
GRAB
SCI
SCI
Q4 25
$87.2M
Q3 25
$150.7M
Q2 25
$83.4M
Q1 25
$233.0M
Q4 24
$151.8M
Q3 24
$162.8M
Q2 24
$100.8M
Q1 24
$140.3M
FCF Margin
GRAB
GRAB
SCI
SCI
Q4 25
7.8%
Q3 25
14.2%
Q2 25
7.8%
Q1 25
21.7%
Q4 24
13.9%
Q3 24
16.1%
Q2 24
9.7%
Q1 24
13.4%
Capex Intensity
GRAB
GRAB
SCI
SCI
Q4 25
11.3%
Q3 25
9.6%
Q2 25
7.8%
Q1 25
7.3%
Q4 24
10.3%
Q3 24
10.0%
Q2 24
9.3%
Q1 24
7.6%
Cash Conversion
GRAB
GRAB
SCI
SCI
Q4 25
1.34×
Q3 25
2.15×
Q2 25
1.35×
Q1 25
2.18×
Q4 24
22.73×
1.75×
Q3 24
2.24×
Q2 24
1.67×
Q1 24
1.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRAB
GRAB

Segment breakdown not available.

SCI
SCI

Cemetery$510.9M46%
Funeral Matured Preneed Revenue$196.5M18%
Cemetery Recognized Preneed Merchandise And Service Revenue$107.4M10%
Cemetery Atneed Revenue$104.9M9%
CA$56.4M5%
Funeral Other Revenue$54.6M5%
Cemetery Other Revenue$40.2M4%
Nonfuneral Home Revenue$28.1M3%
Non Funeral Home Preneed Sales Revenue$22.0M2%

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