BFAM vs SCI: Bright Horizons Family Solutions and Service Corporation International compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Service Corporation International is the larger company, worth $10.7B, about 2.9 times Bright Horizons Family Solutions.
- Bright Horizons Family Solutions grew revenue faster over the last year (+6.5% vs +3.5%).
- Service Corporation International keeps more of each dollar of revenue as operating profit (22.4% vs 10.3%).
- On earnings, Service Corporation International is the cheaper stock (20.4x vs 20.8x).
- Service Corporation International's price assumes faster free cash flow growth: about 4% a year, against 0% for Bright Horizons Family Solutions (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | BFAM | SCI |
|---|---|---|
| Market cap | $3.6B | $10.7B |
| Share price | $69.45 | $76.91 |
| Revenue (last fiscal year) | $2.9B | $4.3B |
| Free cash flow (last fiscal year) | $259M | $554M |
| Revenue growth, last year | +6.5% | +3.5% |
| Revenue growth per year, last 5 fiscal years | +13.7% | +1.0% |
| Operating margin | 10.3% | 22.4% |
| Net margin | 5.8% | 12.3% |
| Return on equity | 18.6% | 35.0% |
| P/E (trailing) | 20.8x | 20.4x |
| Price / free cash flow | 14.1x | 19.2x |
| EV / EBITDA | 13.5x | 12.8x |
| FCF growth the price implies | 0.34% | 4.5% |
| Dividend yield | — | 1.7% |
| Debt / equity | 3.02x | 11.5x |
| Fundamental grade | D | C |
| Superinvestors holding it | 4 | 3 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Bright Horizons Family Solutions
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.8B | $164M | 7.4% |
| 2022 | $2.0B | $118M | 7.8% |
| 2023 | $2.4B | $165M | 7.1% |
| 2024 | $2.7B | $240M | 9.2% |
| 2025 | $2.9B | $259M | 10.7% |
Service Corporation International
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $4.1B | $617M | 28.7% |
| 2022 | $4.1B | $456M | 22.6% |
| 2023 | $4.1B | $507M | 23.0% |
| 2024 | $4.2B | $571M | 22.2% |
| 2025 | $4.3B | $554M | 22.7% |
Where the revenue comes from
Bright Horizons Family Solutions · by segments, 2025
Service Corporation International · by segments, 2025
Questions
Which is bigger, Bright Horizons Family Solutions or Service Corporation International?
Service Corporation International (SCI), at $10.7B against $3.6B.
Is BFAM or SCI cheaper?
By trailing P/E, Service Corporation International (20.4x) is cheaper than Bright Horizons Family Solutions (20.8x). A lower multiple can also mean the market expects less growth.
Which grows faster, BFAM or SCI?
Bright Horizons Family Solutions: revenue grew +6.5% over the last year, against +3.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.