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Funeral Homes Industry - Market Research, Company Data, and Financial Statistics

Funeral Homes Industry - Market Size and Industry Forecast

The 2021 Funeral Homes Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Total market sizes from 2016 to 2026 reveal industry trends and growth patterns. Market size revenues include both public and private companies in the funeral homes industry.

Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Funeral Homes Industry Revenue
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Funeral Homes - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Funeral Homes companies in the United States.

Funeral Homes Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesFuneral Homes
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Funeral Homes - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Funeral Homes - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Funeral Homes - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Pre-burial services for human remains
Resale of funeral goods
Funeral planning services - pre-burial services for human remains
Resale of funeral goods - caskets
Packaged funeral services for prep & disposition of human remains
Pre-burial services for human remains - body prep services
Pre-burial services for human remains - local transp of remains
All other operating receipts
Resale of funeral goods - cemetery goods

Funeral Homes - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations8%


Chief Executives0%
General and Operations Managers1%
Other Management Occupations6%
Funeral Service Managers6%
Funeral Service Managers6%
Building and Grounds Cleaning and Maintenance Occupations13%
Grounds Maintenance Workers10%
Grounds Maintenance Workers10%
Landscaping and Groundskeeping Workers10%
Personal Care and Service Occupations48%
Funeral Service Workers47%
Funeral Attendants25%
Funeral Attendants25%
Morticians, Undertakers, and Funeral Directors18%
Morticians, Undertakers, and Funeral Directors18%
Office and Administrative Support Occupations20%
Secretaries and Administrative Assistants8%
Secretaries and Administrative Assistants8%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive7%
Other Office and Administrative Support Workers6%
Office Clerks, General6%
Office Clerks, General6%

Government Contracts

In 2008, the federal government spent a total of $5,632,343 on the funeral homes industry. It has awarded 548 contracts to 100 companies, with an average value of $56,323 per company.

Funeral Homes and Adjacent Industries - Top Companies

($ Millions)


Funeral Homes (NAICS 81221) Industry Report
GeographyUnited States  
Publication DateApril 2021
Report FormatPDF Download  

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