SIC 7261 | NAICS 812200
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.
Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
What is A Funeral Director? / Statistics / Trends in Funeral Service
http://www.nfda.org/ Select above titles from left menu
Introductory section provides an overview of the funeral service profession, with topics covered in this section including job responsibilities and education and licensing requirements, firm demographics, employment and compensation statistics for selected job positions, median cost of various services, cremation statistics by state, and current key service trends. All information is available free online.
Monthly trade magazine features news and information for funeral professionals, with featured topics covered in various issues including the state of the profession, cultivating business relationships, technology and social networking, legislation and compliance, cremation and profitability, hiring and training staff, consumer survey, and strategic planning. Publication is available by subscription only.
Annual survey provides a detailed analysis of the funeral industry based on responses from firms primarily located in the Northeastern U.S., with topics covered in the survey including demographic data; industry issues and trends; caskets, merchandise, and supplies; pricing, salaries, and credit policies; finance and accounting; and office and marketing technology. Survey is available online.
American Funeral Director / American Cemetery & Cremation
https://kates-boylston.com/ Select title from "Publications" drop-down menu
Monthly trade publications feature news and information for business owners, managers, and other industry professionals, with topics covered in various issues including business operations, best practices, preneed marketing, memorialization, caskets and vaults, vehicles, grounds maintenance, crematory operations, insurance, and technology. Publications are available by subscription only.
Funeral Director's Guide to Statistics
Annual publication provides statistical data from a variety of sources, with data provided including the FSI annual compensation survey results, FSI annual casket survey results, cremation statistics from the CANA, profitability statistics from the FFDA Federated Stats Book, and selected excerpts from the Citrin Cooperman survey which focuses on firms primarily located in the Northeastern U.S.
Annual statistics report provides information on cremation practices, statistics, and trends for the U.S. and Canadian markets, with statistical data provided including the percentage of decedents cremated by state and province and the five-year average annual growth rate in cremations for selected time periods. Selected data from the survey is available online, with full report available to members only.
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level including:
Annual publication provides income and expense data for funeral homes by firm size, cremation rate, type of business entity, and geographic location, with financial data provided including revenue by type of service, cost of sales, operating expenses (e.g., facilities, automobile, personnel, supplies, business services, promotion, and after sales expense), net operating profit, interest expense, and net profit.
Free online service provides salary, bonus, and hourly wage rate data for selected job positions in this sector such as director, director/embalmer, apprentice director, manager, mortician, embalmer, office manager, and administrative assistant, with employers for which salary or wage rate data is provided including Carriage Services, Inc., Dignity, Inc., SCI Group, Inc., and Service Corporation International.
Annual wage survey provides hourly and annual wage data for funeral service personnel that provide pre-planning services; sell caskets, urns, vaults, and other merchandise; arrange obituary, visitation, and memorial service details with family members; prepare the body for viewing and burial; transport the deceased and mourners; and arrange burial or cremation with cemetery or crematory personnel.
Interactive database provides detailed transaction data for over 38,000 private and public companies sold for prices ranging from under $250,000 to over $500,000,000, with valuation measures provided including market value of invested capital as a multiple of revenue, gross profit, EBIT, EBITDA, SDE, and book value of invested capital. User guide, free webinar, and sample reports are available online.