Park Lawn Corporation, together with its subsidiaries, provides deathcare products and services in Canada and the United States. The company primarily offers cemetery lots, crypts, niches, monuments, caskets, urns, and other merchandise, as well as funeral, after life celebration, cemetery, and cremation services. It owns and operates 135 cemeteries and 138 funeral homes, as well as crematoriums. The company was founded in 1892 and is headquartered in Toronto, Canada.

Park Lawn Corporation

Park Lawn Corporation is engaged in providing funeral, cremation, and cemetery services in North America. The company operates a diverse portfolio of properties and businesses across Canada and the United States.

Consumer Services

Basic Funerals and Cremation Choices

Events Services

Tubman Funeral Homes

Individual and Family Services

CremateSimply®

Park Lawn Corporation | 5,661 followers on LinkedIn. Creating a Legacy of Belonging | Park Lawn Corporation is the largest Canadian-owned funeral, cremation and cemetery provider and is the fastest growing company in the industry in North America. Since 2013 PLC has grown from 6 cemetery properties in Toronto, Ontario to a diverse portfolio of properties and businesses operating across Canada and the US. ​ 

With a dynamic leadership team and innovative approach to our operations, PLC has a strategic advantage over the more traditional players in a stagnant industry resistant to change.

CIO | Driving Efficiency, Innovation, and Growth

Lloyd W. Boyd

Director of Operations (North Texas Region) Park Lawn Corporation

Justin Wilson

Family Service Counselor

Tawana Johnson Carroll

Human Resources Director at Park Lawn Corporation

Natasha Bowers, SPHR

Park Lawn Corporation is pleased to announce that, today, it acquired substantially all the assets of Callaway-Jones Funeral Home and Crematory located in Bryan, Texas; Callaway-Jones College Station Funeral Planning Office located in College Station, Texas; Rest-Ever Memorial Park located in Bryan, Texas; and Cozart Funeral Home in Normangee, Texas. The Callaway-Jones acquisition extends Park Lawn’s presence in the Texas market through the addition of two stand-alone funeral homes, one planning center as well as one stand-alone cemetery. Click here to read the full press release: https://lnkd.in/gEnxYdjr

Park Lawn is proud to have 5 of its own featured in the ICCFA’s Rising Stars in the Death Care Profession in its 40 Under 40 Awards. Lauren Hogan, John Blevins, Kacie Derby, Mark Vandermeersch and Luke Densow are just some of Park Lawn’s best that represent the future of the profession. Congratulations to Lauren, John, Kacie, Mark and Luke!

Park Lawn Corporation is pleased to announce that, on August 5, 2024, it acquired substantially all the assets of Carolina Memorial Park of Concord - Kannapolis located in Kannapolis, North Carolina; Carolina Memorial Park of Harrisburg – Charlotte located in Charlotte, North Carolina; and Whitley’s Funeral Home located in Kannapolis, North Carolina. The Carolina-Whitley acquisitions extend Park Lawn’s presence in the North Carolina market through the addition of two stand-alone cemeteries as well as one stand-alone funeral home. In addition, Park Lawn is also excited to announce that, on September 9, 2024, it acquired substantially all the assets of Wilkirson-Hatch-Bailey Funerals & Cremations in Waco, Texas. The WHB acquisition expands Park Lawn’s presence in central Texas through the addition of one stand-alone funeral home. Click here to read the full press release: https://lnkd.in/gzUptERy

PARK LAWN ANNOUNCES GOING PRIVATE TRANSACTION WITH HOMESTEADERS LIFE COMPANY AND BIRCH HILL EQUITY PARTNERS Park Lawn Shareholders to Receive Consideration of $26.50 Per Share in Cash Park Lawn Corporation today announced that it has entered into an arrangement agreement with Viridian Acquisition Inc., an affiliate of Homesteaders Life Company and Birch Hill Equity Partners Management Inc., pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of Park Lawn for a price of $26.50 per Share in an all-cash transaction valued at approximately $1.2 billion, including Park Lawn’s net debt. To read the full press release, click here: https://lnkd.in/gWdRtwkZ

Today, Park Lawn Corporation announced its financial operating results for the first quarter ended March 31, 2024. “We are proud of our first quarter operating results and are excited to see the hard work and efforts of our team beginning to take shape,” said J. Bradley Green, Chief Executive Officer. Mr. Green further elaborated, “As you have heard in our commentary over the past few quarters, with the reshaping of our platform as a result of the disposition of certain legacy assets which was completed in December, the implementation of a refined operating model, a new and improved sales structure, the launch of a comprehensive educational platform and a stronger more robust internal backbone, Park Lawn is now poised to perform at a higher and more effective level than ever before.” To check out the full press release, please go to https://lnkd.in/gTVTaerQ

Park Lawn Corporation announced today that it will release its first quarter financial results for 2024 on Thursday, May 9, 2024. PLC will host a conference call at 9:30 a.m. (EST) on Friday, May 10, 2024, to discuss its Q1 2024 financial results. Details of the conference call are as follows: * Date: Friday, May 10, 2024 * Time: 9:30 a.m. EST * Dial-in Number: Toll Free 1-888-506-0062 | Conference ID: 637260 To ensure your participation, please join approximately five minutes prior to the start of the conference call. To read the full press release, click here: https://lnkd.in/dHFEheEE

Today, Park Lawn Corporation announced its financial operating results for the fourth quarter and year ended December 31, 2023, the appointment of a new director and its 2024 financial outlook. “Our focus on operational efficiency and cost management contributed to improved profitability and bottom-line growth during the 2023 calendar year,” stated J. Bradley Green, Chief Executive Officer. Mr. Green continued, “In addition, during the fourth quarter, we achieved an important milestone in the Company’s history through the strategic disposition of certain legacy businesses which has allowed us to reshape our platform and reallocate resources to support a more efficient operating environment. We are excited for the opportunity to fully realize our potential through our strong operating acumen as we look towards 2024 and beyond.” To read the full press release, click here: https://lnkd.in/gcXbnM9K

Park Lawn Corporation announced today that it will release its fourth quarter financial results for 2023 on Thursday, March 7, 2024. PLC will host a conference call at 9:30 a.m. (EST) on Friday, March 8, 2024, to discuss its Q4 2023 financial results. Details of the conference call are as follows: * Date: Friday, March 8, 2024 * Time: 9:30 a.m. EST * Dial-in Number: Toll Free 1-888-506-0062 | Conference ID: 392376 To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call. To read the full press release, please click here: https://lnkd.in/gFqNA_6b

Park Lawn is pleased to announce that it has completed the acquisition of substantially all of the assets of Crippin Funeral Home located in Montrose, Colorado; Gunnison Funeral Services located in Gunnison, Colorado; and Grand View Cemetery located in Montrose, Colorado. The Crippin acquisition deepens Park Lawn’s footprint in the Colorado market through the addition of two stand-alone funeral homes as well as one stand-alone cemetery. Click here to read the full press release: https://lnkd.in/ggaNFujr

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue						115.21M -	179.12M 55.48%	257.07M 43.51%		321.02M -	448.18M 39.61%
cost of revenue						24.54M -	35.84M 46.03%	48.24M 34.61%		54.66M -	103.52M 89.41%
gross profit						90.66M -	143.29M 58.04%	208.83M 45.74%		266.36M -	344.66M 29.39%
selling and marketing expenses						17.15M -	21.99M 28.18%	28.87M 31.30%		32.02M -	28.99M 9.46%
general and administrative expenses						41.36M -	80.53M 94.71%	116.14M 44.21%		160.94M -	181.21M 12.59%
selling general and administrative expenses						58.52M -	102.52M 75.21%	145.01M 41.44%		192.96M -	262.44M 36.01%
research and development expenses
other expenses	3.47M -	3.11M 10.60%	2.60M 16.28%	10.62M 308.34%	336.69K 96.83%	19.11M 5,574.88%	26.33M 37.81%	28.35M 7.68%	29.46M 3.91%	28.83M 2.13%	-36.40M 226.25%
cost and expenses						102.16M -	164.69M 61.20%	221.60M 34.56%		276.45M -	402.37M 45.55%
operating expenses	9.65M -	11.40M 18.13%	10.44M 8.41%	32.28M 209.09%	45.74M 41.69%	77.62M 69.71%	128.85M 66.00%	173.36M 34.54%	189.67M 9.40%	221.80M 16.94%	298.84M 34.74%
interest expense						1.64M -	4.11M 150.60%	7.35M 78.64%		7.90M -	25.02M 216.77%
ebitda						24.90M -	37.68M 51.32%	58.34M 54.83%		62.26M -	68.17M 9.49%
operating income						14.59M -	17.96M 23.08%	31.91M 77.69%		41.33M -	45.81M 10.85%
depreciation and amortization						10.31M -	19.72M 91.29%	26.43M 34.02%		20.93M -	22.36M 6.80%
total other income expenses net										-5.69M -	-57.01M 901.09%
income before tax						6.82M -	7.71M 13.13%	23.18M 200.63%		35.63M -	-11.19M 131.41%
income tax expense						1.59M -	2.13M 34.22%	8.02M 275.73%		10.51M -	-918.01K 108.74%
net income	1.57M -	1.54M 1.46%	2.14M 38.94%	5.57M 159.94%	3.34M 40.11%	4.94M 47.89%	5.29M 7.13%	14.92M 182.25%	27.35M 83.23%	25.12M 8.12%	-10.27M 140.89%
weighted average shs out	3.64M -	5.08M 39.55%	5.81M 14.29%	7.96M 37.11%	13.34M 67.49%	20.61M 54.55%	28.04M 36.06%	29.72M 5.97%	31.11M 4.69%	34.17M 9.84%	34.08M 0.28%
weighted average shs out dil	3.64M -	5.09M 39.73%	5.81M 14.14%	7.98M 37.37%	13.36M 67.51%	20.66M 54.57%	28.12M 36.14%	29.89M 6.31%	31.55M 5.54%	34.66M 9.87%	34.08M 1.69%
eps	0.43 -	0.30 30.23%	0.37 23.33%	0.70 89.19%	0.25 64.29%	0.24 4.00%	0.25 4.17%	0.64 156%	0.89 39.06%	0.74 16.85%	-0.30 140.54%
epsdiluted	0.43 -	0.30 30.23%	0.37 23.33%	0.70 89.19%	0.25 64.29%	0.24 4.00%	0.25 4.17%	0.64 156%	0.88 37.50%	0.73 17.05%	-0.30 141.10%

COM:PARKLAWNCORP

Park Lawn Corporation

Last Close

26.49

12/08 20:00

Market Cap

890.20M

Beta: -

Volume Today

33.88K

Avg: -

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