SNFCA · Security National Financial Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $344.59M | $334.52M | $318.50M | $389.65M | $470.70M | $481.46M |
| Cost of Revenue | $4.66M | $4.80M | $4.81M | $4.72M | $3.70M | $3.25M |
| Gross Profit | $339.93M | $329.72M | $313.69M | $384.93M | $466.99M | $478.21M |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $2.43M | $2.38M | $2.35M | $2.50M | $1.94M | $2.08M |
| Operating Income | $41.41M | $34.10M | $16.30M | $34.38M | $71.45M | $71.45M |
| Interest Expense | $4.52M | $4.25M | $4.87M | $7.83M | $7.13M | $8.58M |
| Income Tax | $9.26M | $7.57M | $1.81M | $8.69M | $12.28M | $15.85M |
| Net Income | $32.15M | $26.54M | $14.50M | $25.69M | $39.52M | $55.60M |
| EPS - Basic | $1.30 | $1.09 | $0.60 | $1.05 | $1.61 | $2.31 |
| EPS - Diluted | $1.26 | $1.06 | $0.58 | $1.01 | $1.55 | $2.26 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $102.26M | $140.55M | $126.94M | $120.92M | $131.35M | $106.22M |
| Accounts Receivable | $10.40M | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $1.56B | $1.49B | $1.43B | $1.46B | $1.55B | $1.55B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | $280.33M | $253.77M |
| Total Liabilities | $1.15B | $1.15B | $1.12B | $1.17B | $1.25B | $1.28B |
| Stockholders' Equity | $410.37M | $338.78M | $312.90M | $292.79M | $299.77M | $263.99M |
| Retained Earnings | $248.80M | $225.36M | $206.98M | $202.16M | $184.54M | $153.74M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $45.54M | $57.32M | $53.88M | $130.45M | $144.64M | ($129.63M) |
| Investing Cash Flow | ($67.21M) | ($43.13M) | $14.61M | ($37.16M) | ($63.61M) | $36.14M |
| Financing Cash Flow | ($14.32M) | ($4.01M) | ($62.04M) | ($101.22M) | ($55.08M) | $71.21M |
| CapEx | $1.69M | $2.47M | $1.11M | $1.60M | $5.22M | $1.63M |
| Free Cash Flow | $43.85M | $54.85M | $52.77M | $128.85M | $139.42M | ($131.26M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 98.6% | 98.6% | 98.5% | 98.8% | 99.2% | 99.3% |
| Operating margin | 12.0% | 10.2% | 5.1% | 8.8% | 15.2% | 14.8% |
| EBITDA margin | 12.7% | 10.9% | 5.9% | 9.5% | 15.6% | 15.3% |
| Net margin | 9.3% | 7.9% | 4.6% | 6.6% | 8.4% | 11.5% |
| Free cash flow margin | 12.7% | 16.4% | 16.6% | 33.1% | 29.6% | -27.3% |
| FCF / Net income | 1.36 | 2.07 | 3.64 | 5.02 | 3.53 | -2.36 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 22.4% | 22.2% | 11.1% | 25.3% | 23.7% | 22.2% |
| Return on assets | 2.1% | 1.8% | 1.0% | 1.8% | 2.6% | 3.6% |
| Return on equity | 7.8% | 7.8% | 4.6% | 8.8% | 13.2% | 21.1% |
| Return on invested capital | - | - | - | - | 9.4% | 10.7% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | 0.94 | 0.96 |
| Debt / Assets | - | - | - | - | 0.18 | 0.16 |
| Debt / EBITDA | - | - | - | - | 3.82 | 3.45 |
| Interest coverage | 9.2x | 8.0x | 3.4x | 4.4x | 10.0x | 8.3x |
| Equity multiplier | 3.81 | 4.40 | 4.57 | 4.99 | 5.16 | 5.87 |
| Liabilities / Assets | 0.74 | 0.77 | 0.78 | 0.80 | 0.81 | 0.83 |
| Efficiency | ||||||
| Asset turnover | 0.22 | 0.22 | 0.22 | 0.27 | 0.30 | 0.31 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 11d | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 7.2x | 10.8x | 14.1x | 6.2x | 4.9x | 2.9x |
| P / B | 0.6x | 0.8x | 0.6x | 0.5x | 0.5x | 0.5x |
| P / S | 0.7x | 0.8x | 0.6x | 0.4x | 0.3x | 0.3x |
| EV / EBITDA | 2.9x | 3.7x | 3.1x | 0.5x | 4.2x | 3.7x |
| Growth | ||||||
| Revenue growth (YoY) | 3.0% | 5.0% | -18.3% | -17.2% | -2.2% | 70.1% |
| Revenue CAGR (3y) | -4.0% | -10.8% | -12.9% | 11.2% | 19.0% | 20.2% |
| Revenue CAGR (5y) | -6.5% | 3.4% | 2.6% | 7.1% | 8.9% | 11.2% |
| Gross profit growth (YoY) | 3.1% | 5.1% | -18.5% | -17.6% | -2.3% | 70.7% |
| Operating income growth (YoY) | 21.4% | 109.2% | -52.6% | -51.9% | 0.0% | 412.4% |
| Net income growth (YoY) | 21.2% | 83.1% | -43.6% | -35.0% | -28.9% | 410.4% |
| EPS growth (YoY) | 19.2% | 82.1% | -42.6% | -35.0% | -31.1% | 276.1% |
| EPS CAGR (3y) | 7.6% | -12.1% | -36.4% | 19.0% | 7.5% | 37.4% |
| EPS CAGR (5y) | -11.0% | 12.0% | -14.2% | 3.0% | 10.6% | 20.5% |
| FCF growth (YoY) | -20.1% | 4.0% | -59.0% | -7.6% | - | -69.5% |
| FCF CAGR (5y) | - | - | 3.0% | 24.3% | 28.2% | - |
| Book value growth (YoY) | 21.1% | 8.3% | 6.9% | -2.3% | 13.6% | 34.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$318.50M totalLife Insurance$193.38M · 60.7%
Mortgage$101.91M · 32.0%
Cemetery And Mortuary$32.28M · 10.1%
Intercompany Eliminations($9.07M) · -2.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Finance Services
Comparing SECURITY NATIONAL FINANCIAL CORP against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Jan 25, 1993 | $0.0231 |
| Sep 9, 1992 | $0.0243 |