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Service Corporation International history
Service Corporation International company history timeline
The company began selling shares to the public in 1970, debuting on the American Stock Exchange.
Such cemetery plot sales are not to be confused with SCI's program of "pre-need" sales of funeral services, which started in 1977.
For example, the company branched out into flower shops in 1982 and began providing flowers in 15 homes and at 15 free-standing stores.
A less problematic investment was SCI's 1988 founding of Provident Services, Inc., a company designed to provide capital financing to independent funeral homes and cemeteries.
For a time, the company also issued insurance policies redeemable for funeral services, but by 1990 this sort of pre-payment plan was executed only through a third party and the company itself only issued trusts.
1990: Overseas expansion begins.
SCI's stock had fallen so low that an investment of $1000 in company stock at the beginning of 1999 would have been worth only $187 by the end of the year.
In 2002, the company was still headed by its founder, Robert Waltrip.
Public funeral home companies and 2019 8375 views
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Service Corporation International competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Vudu | 2004 | - | 180 | - |
| U.S. Securities and Exchange Commission | 1934 | $370.0M | 4,301 | - |
| Janus Henderson U.S. | 1969 | $2.5B | 1,272 | 70 |
| Koch Industries | 1940 | $115.0B | 100,000 | 73 |
| Chevron | 1879 | $146.5B | 44,679 | 440 |
| Kinder Morgan | 1997 | $15.1B | 11,012 | 221 |
| Sempra Energy | 1998 | $13.2B | 20,000 | 2 |
| Carriage Services | 1991 | $404.2M | 1,069 | 171 |
| StoneMor | 1999 | $322.8M | 373 | - |
| International Golf | - | $1.6M | 10 | - |
Service Corporation International history FAQs
Zippia gives an in-depth look into the details of Service Corporation International, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Service Corporation International. The employee data is based on information from people who have self-reported their past or current employments at Service Corporation International. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Service Corporation International. The data presented on this page does not represent the view of Service Corporation International and its employees or that of Zippia.
Service Corporation International may also be known as or be related to Service Corp International and Service Corporation International.