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Side-by-side financial comparison of SERVICE CORP INTERNATIONAL (SCI) and UL Solutions Inc. (ULS). Click either name above to swap in a different company.

SERVICE CORP INTERNATIONAL is the larger business by last-quarter revenue ($1.1B vs $789.0M, roughly 1.4× UL Solutions Inc.). SERVICE CORP INTERNATIONAL runs the higher net margin — 14.3% vs 8.5%, a 5.8% gap on every dollar of revenue. On growth, UL Solutions Inc. posted the faster year-over-year revenue change (6.8% vs 1.7%). SERVICE CORP INTERNATIONAL produced more free cash flow last quarter ($87.2M vs $86.0M). Over the past eight quarters, UL Solutions Inc.'s revenue compounded faster (8.5% CAGR vs 3.1%).

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.

The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.

SCI vs ULS — Head-to-Head

Bigger by revenue
SCI
SCI
1.4× larger
SCI
$1.1B
$789.0M
ULS
Growing faster (revenue YoY)
ULS
ULS
+5.1% gap
ULS
6.8%
1.7%
SCI
Higher net margin
SCI
SCI
5.8% more per $
SCI
14.3%
8.5%
ULS
More free cash flow
SCI
SCI
$1.2M more FCF
SCI
$87.2M
$86.0M
ULS
Faster 2-yr revenue CAGR
ULS
ULS
Annualised
ULS
8.5%
3.1%
SCI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SCI
SCI
ULS
ULS
Revenue
$1.1B
$789.0M
Net Profit
$159.4M
$67.0M
Gross Margin
28.0%
49.7%
Operating Margin
24.8%
15.0%
Net Margin
14.3%
8.5%
Revenue YoY
1.7%
6.8%
Net Profit YoY
5.3%
-17.3%
EPS (diluted)
$1.13
$0.33

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
SCI
SCI
ULS
ULS
Q4 25
$1.1B
$789.0M
Q3 25
$1.1B
$783.0M
Q2 25
$1.1B
$776.0M
Q1 25
$1.1B
$705.0M
Q4 24
$1.1B
$739.0M
Q3 24
$1.0B
$731.0M
Q2 24
$1.0B
$730.0M
Q1 24
$1.0B
$670.0M
Net Profit
SCI
SCI
ULS
ULS
Q4 25
$159.4M
$67.0M
Q3 25
$117.5M
$100.0M
Q2 25
$122.9M
$91.0M
Q1 25
$142.9M
$67.0M
Q4 24
$151.4M
$81.0M
Q3 24
$117.8M
$88.0M
Q2 24
$118.2M
$101.0M
Q1 24
$131.3M
$56.0M
Gross Margin
SCI
SCI
ULS
ULS
Q4 25
28.0%
49.7%
Q3 25
25.1%
50.3%
Q2 25
25.5%
49.4%
Q1 25
27.1%
48.4%
Q4 24
28.0%
47.4%
Q3 24
24.9%
49.0%
Q2 24
24.9%
50.1%
Q1 24
26.2%
47.6%
Operating Margin
SCI
SCI
ULS
ULS
Q4 25
24.8%
15.0%
Q3 25
21.4%
19.9%
Q2 25
21.1%
17.9%
Q1 25
23.4%
15.5%
Q4 24
24.0%
15.6%
Q3 24
20.9%
17.8%
Q2 24
21.4%
17.3%
Q1 24
22.2%
13.6%
Net Margin
SCI
SCI
ULS
ULS
Q4 25
14.3%
8.5%
Q3 25
11.1%
12.8%
Q2 25
11.5%
11.7%
Q1 25
13.3%
9.5%
Q4 24
13.8%
11.0%
Q3 24
11.6%
12.0%
Q2 24
11.4%
13.8%
Q1 24
12.6%
8.4%
EPS (diluted)
SCI
SCI
ULS
ULS
Q4 25
$1.13
$0.33
Q3 25
$0.83
$0.49
Q2 25
$0.86
$0.45
Q1 25
$0.98
$0.33
Q4 24
$1.02
$0.40
Q3 24
$0.81
$0.44
Q2 24
$0.81
$0.50
Q1 24
$0.89
$0.28

Balance Sheet & Financial Strength

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

Metric
SCI
SCI
ULS
ULS
Cash + ST InvestmentsLiquidity on hand
$243.6M
$295.0M
Total DebtLower is stronger
$5.1B
$491.0M
Stockholders' EquityBook value
$1.6B
$1.3B
Total Assets
$18.7B
$2.9B
Debt / EquityLower = less leverage
3.10×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCI
SCI
ULS
ULS
Q4 25
$243.6M
$295.0M
Q3 25
$241.3M
$255.0M
Q2 25
$255.4M
$272.0M
Q1 25
$227.2M
$267.0M
Q4 24
$218.8M
$298.0M
Q3 24
$185.4M
$327.0M
Q2 24
$184.4M
$295.0M
Q1 24
$205.6M
$344.0M
Total Debt
SCI
SCI
ULS
ULS
Q4 25
$5.1B
$491.0M
Q3 25
$5.0B
$544.0M
Q2 25
$5.0B
$608.0M
Q1 25
$4.7B
$653.0M
Q4 24
$4.8B
$742.0M
Q3 24
$4.7B
$797.0M
Q2 24
$4.7B
$810.0M
Q1 24
$4.6B
$879.0M
Stockholders' Equity
SCI
SCI
ULS
ULS
Q4 25
$1.6B
$1.3B
Q3 25
$1.6B
$1.2B
Q2 25
$1.6B
$1.1B
Q1 25
$1.7B
$970.0M
Q4 24
$1.7B
$904.0M
Q3 24
$1.6B
$872.0M
Q2 24
$1.5B
$769.0M
Q1 24
$1.6B
$671.0M
Total Assets
SCI
SCI
ULS
ULS
Q4 25
$18.7B
$2.9B
Q3 25
$18.4B
$2.9B
Q2 25
$18.0B
$2.9B
Q1 25
$17.3B
$2.9B
Q4 24
$17.4B
$2.8B
Q3 24
$17.4B
$2.9B
Q2 24
$16.8B
$2.7B
Q1 24
$16.7B
$2.8B
Debt / Equity
SCI
SCI
ULS
ULS
Q4 25
3.10×
0.39×
Q3 25
3.17×
0.46×
Q2 25
3.19×
0.56×
Q1 25
2.87×
0.67×
Q4 24
2.83×
0.82×
Q3 24
2.92×
0.91×
Q2 24
3.05×
1.05×
Q1 24
2.90×
1.31×

Cash Flow & Capital Efficiency

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

Metric
SCI
SCI
ULS
ULS
Operating Cash FlowLast quarter
$212.9M
$144.0M
Free Cash FlowOCF − Capex
$87.2M
$86.0M
FCF MarginFCF / Revenue
7.8%
10.9%
Capex IntensityCapex / Revenue
11.3%
7.4%
Cash ConversionOCF / Net Profit
1.34×
2.15×
TTM Free Cash FlowTrailing 4 quarters
$554.2M
$403.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SCI
SCI
ULS
ULS
Q4 25
$212.9M
$144.0M
Q3 25
$252.3M
$155.0M
Q2 25
$166.4M
$147.0M
Q1 25
$311.1M
$154.0M
Q4 24
$264.1M
$130.0M
Q3 24
$263.8M
$150.0M
Q2 24
$196.9M
$103.0M
Q1 24
$220.1M
$141.0M
Free Cash Flow
SCI
SCI
ULS
ULS
Q4 25
$87.2M
$86.0M
Q3 25
$150.7M
$109.0M
Q2 25
$83.4M
$105.0M
Q1 25
$233.0M
$103.0M
Q4 24
$151.8M
$72.0M
Q3 24
$162.8M
$84.0M
Q2 24
$100.8M
$47.0M
Q1 24
$140.3M
$84.0M
FCF Margin
SCI
SCI
ULS
ULS
Q4 25
7.8%
10.9%
Q3 25
14.2%
13.9%
Q2 25
7.8%
13.5%
Q1 25
21.7%
14.6%
Q4 24
13.9%
9.7%
Q3 24
16.1%
11.5%
Q2 24
9.7%
6.4%
Q1 24
13.4%
12.5%
Capex Intensity
SCI
SCI
ULS
ULS
Q4 25
11.3%
7.4%
Q3 25
9.6%
5.9%
Q2 25
7.8%
5.4%
Q1 25
7.3%
7.2%
Q4 24
10.3%
7.8%
Q3 24
10.0%
9.0%
Q2 24
9.3%
7.7%
Q1 24
7.6%
8.5%
Cash Conversion
SCI
SCI
ULS
ULS
Q4 25
1.34×
2.15×
Q3 25
2.15×
1.55×
Q2 25
1.35×
1.62×
Q1 25
2.18×
2.30×
Q4 24
1.75×
1.60×
Q3 24
2.24×
1.70×
Q2 24
1.67×
1.02×
Q1 24
1.68×
2.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

ULS
ULS

Industrial$352.0M45%
Ongoing Certification Services$259.0M33%
Software And Advisory$102.0M13%
Software$75.0M10%

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