Funeral Homes Industry · Market Research Report

Funeral Homes · Market Size and Industry Forecast

Pell Research's funeral homes report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

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

Industry Revenue ($ Billions)

Funeral Homes Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The funeral homes research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Funeral Homes · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for funeral homes companies in the U.S.

Funeral Homes Revenue by State

Market Share by State

Funeral Homes · Distribution by Company Size

Company Size All Industries Funeral Homes
Small Business (< 5 employees)

Included

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

Funeral Homes · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue

Included

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

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Funeral Homes · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
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 Description Description Revenue
($ Millions)
Industry total

Included

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 Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 8%

Included

Chief Executives 0%
General and Operations Managers 1%
Other Management Occupations 6%
Funeral Service Managers 6%
Funeral Service Managers 6%
Building and Grounds Cleaning and Maintenance Occupations 13%
Grounds Maintenance Workers 10%
Grounds Maintenance Workers 10%
Landscaping and Groundskeeping Workers 10%
Personal Care and Service Occupations 48%
Funeral Service Workers 47%
Funeral Attendants 25%
Funeral Attendants 25%
Morticians, Undertakers, and Funeral Directors 18%
Morticians, Undertakers, and Funeral Directors 18%
Office and Administrative Support Occupations 20%
Secretaries and Administrative Assistants 8%
Secretaries and Administrative Assistants 8%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 7%
Other Office and Administrative Support Workers 6%
Office Clerks, General 6%
Office Clerks, General 6%




Funeral Homes Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $500

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