As of December 20, 2024, Service Corporation International (SCI) has a net worth, commonly referred to as market capitalization, of $11.80 billion. This figure represents the total value of the company's outstanding shares in the market, providing a clear snapshot of its valuation.
Over the past year, SCI's market capitalization has demonstrated robust growth, increasing by 22.47%. This significant rise reflects positive investor sentiment and the company's performance within the market.
SCI Net Worth at a Glance
For publicly traded companies like Service Corporation International, "net worth" is most accurately represented by its market capitalization. This metric is calculated by multiplying the current share price by the total number of outstanding shares.
| Metric | Value | As Of Date | 1-Year Change |
|---|---|---|---|
| Net Worth (Market Cap) | $11.80 billion | December 20, 2024 | +22.47% |
Understanding Market Capitalization for Public Companies
Market capitalization, or market cap, is a pivotal financial metric for investors and analysts. It serves several important functions:
- Indicator of Size: It provides a straightforward measure of a company's overall size and scale within its industry.
- Investor Sentiment: A growing market cap often signifies strong investor confidence and a positive outlook regarding the company's financial health and future prospects.
- Perceived Value: It reflects how the market collectively values the company, taking into account its assets, liabilities, and potential for future earnings.
Service Corporation International is a prominent provider of funeral and cemetery services. Its market capitalization is a dynamic figure that fluctuates with market conditions and company performance. For more detailed financial data and current performance metrics, you can explore financial platforms that track public company valuations, such as StockAnalysis.com.
