Service Corporation International at Bank of America Healthcare Conference Transcript

May 11, 2022 / 10:20PM GMT
Adam Matan Ron - BofA Securities, Research Division - Research Analyst

So I'm Adam Ron, I'm filling in for Joanna Gajuk, who couldn't be here today. But yes, we're hosting Service Corp., and I'll give him a second to introduce himself and the company.

Eric D. Tanzberger - Service Corporation International - Senior VP & CFO

Okay. Thank you. First of all, thanks for having us, and our best goes out to Joanna, who is under the weather right now, probably listening to us. My name is Eric Tanzberger, I'm the Chief Financial Officer of SCI.

We are the largest owner of funeral homes and cemeteries. And we have about 1,500 funeral homes in North America and the U.S. and Canada, and we have about 500 cemeteries as well. I'll give you feel for market share from a revenue perspective. We have probably 11% to 12% of the funeral segment in terms of revenues across North America. Our cemetery segment in terms of revenues are much bigger than that. We're probably close to, call it, 28% to 30%. So put the 2 segments together, we're probably 15% to 16% of the

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