Security National (SNFCA) | Financial Analysis & Statements
Security National Financial Corporation Small-cap Financial Services
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2025Income Metrics
Revenue
83.2M
Net Income
13.5M
16.22%
Balance Sheet Metrics
Total Assets
1.6B
Total Liabilities
1.2B
Shareholders Equity
410.4M
Debt to Equity
2.81
Cash Flow Metrics
Free Cash Flow
17.9M
Revenue & Profitability Trend
Quarter Income Flow
Dec 31, 2025
Annual Income Flow
2025
Security National Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 345.4M | 335.5M | 318.5M | 390.7M | 472.9M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 125.4M | 121.0M | 125.8M | 158.5M | 167.7M |
| Other Operating Expenses | 5.5M | 5.7M | 4.8M | 5.8M | 5.9M |
| Total Operating Expenses | 130.9M | 126.7M | 130.6M | 164.3M | 173.6M |
| Operating Income | - | - | - | - | - |
| Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Non-Operating Items | |||||
| Interest Income | - | - | - | - | - |
| Interest Expense | 4.5M | 4.3M | 4.9M | 7.8M | 7.1M |
| Other Non-Operating Income | 108.2M | 107.6M | 98.4M | 186.5M | 261.1M |
| Pre-tax Income | 41.4M | 34.1M | 16.3M | 34.4M | 51.8M |
| Income Tax | 9.3M | 7.6M | 1.8M | 8.7M | 12.3M |
| Effective Tax Rate % | 22.4% | 22.2% | 11.1% | 25.3% | 23.7% |
| Net Income | 32.2M | 26.5M | 14.5M | 25.7M | 39.5M |
| Net Margin % | 9.3% | 7.9% | 4.6% | 6.6% | 8.4% |
| Key Metrics | |||||
| EBITDA | - | - | - | - | - |
| EPS (Basic) | - | $1.09 | $0.63 | $1.10 | $1.70 |
| EPS (Diluted) | - | $1.06 | $0.61 | $1.07 | $1.63 |
| Basic Shares Outstanding | - | 24480375 | 23187960 | 23296780 | 23314251 |
| Diluted Shares Outstanding | - | 24480375 | 23187960 | 23296780 | 23314251 |
Income Statement Trend
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Security National Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 102.3M | 140.5M | 126.9M | 120.9M | 131.4M |
| Short-term Investments | 62.8M | 71.6M | 36.4M | 345.9M | 259.3M |
| Accounts Receivable | 26.1M | 25.0M | 24.4M | 22.6M | 22.5M |
| Inventory | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - |
| Total Current Assets | - | - | - | - | - |
| Non-Current Assets | |||||
| Property, Plant & Equipment | - | - | - | - | - |
| Goodwill | 16.8M | 17.5M | 17.0M | 16.8M | 67.1M |
| Intangible Assets | 6.3M | 7.0M | 6.5M | 6.3M | 56.6M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - |
| Total Non-Current Assets | - | - | - | - | - |
| Total Assets | 1.6B | 1.5B | - | - | - |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 4.2M | 2.9M | 2.9M | 5.4M | 10.2M |
| Short-term Debt | 4.2M | 10.6M | 7.7M | 62.9M | 161.3M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | |||||
| Long-term Debt | 94.2M | 96.2M | 97.8M | 98.8M | 90.0M |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - |
| Total Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 1.2B | 1.2B | - | - | - |
| Equity | |||||
| Common Stock | 44.9M | 42.5M | 40.1M | 37.5M | 35.3M |
| Retained Earnings | 248.8M | 225.4M | 207.0M | 202.2M | 184.5M |
| Treasury Stock | 9.1M | 8.5M | 5.7M | 4.4M | 1.8M |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 410.4M | 338.8M | 312.9M | 292.8M | 299.8M |
| Key Metrics | |||||
| Total Debt | 98.4M | 106.7M | 105.6M | 161.7M | 251.3M |
| Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Security National Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 32.2M | 26.5M | 14.5M | 25.7M | 39.5M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | 1.3M | 800.8K | 601.4K | 929.7K | 118.4K |
| Working Capital Changes | 6.6M | 3.3M | -2.1M | -939.1K | -31.6M |
| Operating Cash Flow | 70.5M | 73.3M | 62.8M | 182.7M | 276.5M |
| Investing Activities | |||||
| Capital Expenditures | -1.6M | -2.1M | -1.1M | -1.5M | -5.2M |
| Acquisitions | - | - | - | 0 | -12.6M |
| Investment Purchases | -73.3M | -88.3M | -77.3M | -155.8M | -20.8M |
| Investment Sales | 65.8M | 103.4M | 49.3M | 28.0M | 51.9M |
| Investing Cash Flow | -11.5M | 6.5M | -32.0M | -129.0M | 13.6M |
| Financing Activities | |||||
| Share Repurchases | -1.6M | -3.1M | -2.8M | -7.7M | -5.8M |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | 69.0M | 2.9M | 68.5M | 59.6M | 107.0M |
| Debt Repayment | -77.5M | -1.9M | -124.7M | -149.3M | -153.6M |
| Financing Cash Flow | -14.4M | -4.5M | -62.2M | -101.4M | -56.2M |
| Free Cash Flow | 43.8M | 54.8M | 52.8M | 128.9M | 139.4M |
| Net Change in Cash | 44.6M | 75.3M | -31.3M | -47.7M | 233.9M |
Cash Flow Trend
Security National Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
7.86
Price to Book
0.60
Price to Sales
0.75
Profitability Ratios
Profit Margin
9.33%
Operating Margin
22.16%
Return on Equity
8.12%
Return on Assets
1.88%
Financial Health
Current Ratio
2.01
Debt to Equity
25.04
Beta
0.70
Per Share Data
EPS (TTM)
$1.26
Book Value per Share
$16.54
Revenue per Share
$13.94
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| SNFCA | 257.6M | 7.86 | 0.60 | 8.12% | 9.33% | 25.04 |
| Manulife Financial | 64.6B | 17.18 | 1.86 | 11.49% | 18.67% | 48.35 |
| Aflac | 59.1B | 16.88 | 2.02 | 13.12% | 21.24% | 42.68 |
| Abacus Life | 971.7M | 169.40 | 1.90 | 3.18% | 5.62% | 94.29 |
| Citizens | 280.2M | 20.11 | 1.21 | 6.55% | 5.71% | 3.13 |
| MetLife | 49.6B | 16.15 | 1.76 | 12.02% | 4.38% | 225.97 |
Financial data is updated regularly. All figures are in the company's reporting currency.






