Security National Financial Corporation (SNFCA)

SNFCA Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	119.81	119.66	114.66	105	100.25	93.02
Total Interest & Dividend Income	73.52	71.73	72.34	66.2	58.26	56.33
Gain (Loss) on Sale of Investments	2.38	1.94	1.84	-0.86	6.23	1.55
Non-Insurance Activities Revenue	139.28	136.6	126.01	200.49	287.42	319.24
Other Revenue	4.84	4.6	3.65	18.82	18.54	11.32
Total Revenue	339.82	334.52	318.5	389.65	470.7	481.46
Revenue Growth (YoY)	5.49%	5.03%	-18.26%	-17.22%	-2.24%	70.09%
Policy Benefits	99.64	98.96	100.01	92.93	93.48	86.41
Policy Acquisition & Underwriting Costs	66.77	62.91	57.95	81.27	134.43	138.73
Depreciation & Amortization	2.42	2.38	2.35	2.5	1.94	2.08
Selling, General & Administrative	38.52	36.69	43.23	59.31	67.05	59.94
Non-Insurance Activities Expense	11.17	10.94	11.25	12.26	14.25	13.13
Total Operating Expenses	306.26	296.16	297.33	347.45	411.77	401.43
Operating Income	33.57	38.36	21.17	42.21	58.93	80.03
Interest Expense	-4.57	-4.25	-4.87	-7.83	-7.13	-8.58
Pretax Income	29	34.1	16.3	34.38	51.8	71.45
Income Tax Expense	6.37	7.57	1.81	8.69	12.28	15.85
Net Income	22.63	26.54	14.5	25.69	39.52	55.6
Net Income to Common	22.63	26.54	14.5	25.69	39.52	55.6
Net Income Growth	4.55%	83.07%	-43.58%	-34.99%	-28.92%	410.36%
Shares Outstanding (Basic)	25	24	24	24	24	24
Shares Outstanding (Diluted)	25	25	25	25	25	25
Shares Change (YoY)	1.05%	0.68%	-1.55%	-0.09%	3.26%	3.21%
EPS (Basic)	0.92	1.08	0.60	1.05	1.61	2.31
EPS (Diluted)	0.89	1.06	0.58	1.02	1.55	2.25
EPS Growth	2.26%	81.95%	-42.81%	-34.66%	-31.02%	396.08%
Free Cash Flow	48.19	54.85	52.77	128.85	139.42	-131.26
Free Cash Flow Per Share	1.90	2.18	2.11	5.07	5.48	-5.33
Operating Margin	9.88%	11.47%	6.64%	10.83%	12.52%	16.62%
Profit Margin	6.66%	7.93%	4.55%	6.59%	8.40%	11.55%
Free Cash Flow Margin	14.18%	16.40%	16.57%	33.07%	29.62%	-27.26%
EBITDA	43	47.47	30.65	60.14	79.32	97.32
EBITDA Margin	12.65%	14.19%	9.62%	15.43%	16.85%	20.21%
D&A For EBITDA	9.43	9.11	9.48	17.93	20.39	17.29
EBIT	33.57	38.36	21.17	42.21	58.93	80.03
EBIT Margin	9.88%	11.47%	6.64%	10.83%	12.52%	16.62%
Effective Tax Rate	21.96%	22.19%	11.08%	25.27%	23.71%	22.19%
Revenue as Reported	339.82	334.52	318.5	389.65	470.7	481.46

Updated May 15, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q