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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	119.58	119.66	114.66	105	100.25	93.02
Total Interest & Dividend Income	70.98	71.73	72.34	66.2	58.26	56.33
Gain (Loss) on Sale of Investments	0.86	1.94	1.84	-0.86	6.23	1.55
Non-Insurance Activities Revenue	139.93	136.6	126.01	200.49	287.42	319.24
Other Revenue	4.73	4.6	3.65	18.82	18.54	11.32
Total Revenue	336.07	334.52	318.5	389.65	470.7	481.46
Revenue Growth (YoY)	4.96%	5.03%	-18.26%	-17.22%	-2.24%	70.09%
Policy Benefits	98.92	98.96	100.01	92.93	93.48	86.41
Policy Acquisition & Underwriting Costs	65.32	62.91	57.95	81.27	134.43	138.73
Depreciation & Amortization	2.41	2.38	2.35	2.5	1.94	2.08
Selling, General & Administrative	37.63	36.69	43.23	59.31	67.05	59.94
Non-Insurance Activities Expense	10.88	10.94	11.25	12.26	14.25	13.13
Total Operating Expenses	301.67	296.16	297.33	347.45	411.77	401.43
Operating Income	34.4	38.36	21.17	42.21	58.93	80.03
Interest Expense	-4.35	-4.25	-4.87	-7.83	-7.13	-8.58
Pretax Income	30.06	34.1	16.3	34.38	51.8	71.45
Income Tax Expense	6.66	7.57	1.81	8.69	12.28	15.85
Net Income	23.4	26.54	14.5	25.69	39.52	55.6
Net Income to Common	23.4	26.54	14.5	25.69	39.52	55.6
Net Income Growth	12.88%	83.07%	-43.58%	-34.99%	-28.92%	410.36%
Shares Outstanding (Basic)	23	23	23	23	23	23
Shares Outstanding (Diluted)	24	24	24	24	24	23
Shares Change (YoY)	0.80%	0.68%	-1.55%	-0.09%	3.26%	3.21%
EPS (Basic)	1.00	1.14	0.63	1.10	1.70	2.43
EPS (Diluted)	0.98	1.11	0.61	1.07	1.63	2.37
EPS Growth	11.71%	81.97%	-42.81%	-34.67%	-31.02%	396.00%
Free Cash Flow	39.17	54.85	52.77	128.85	139.42	-131.26
Free Cash Flow Per Share	1.63	2.29	2.22	5.33	5.76	-5.60
Operating Margin	10.24%	11.47%	6.64%	10.83%	12.52%	16.62%
Profit Margin	6.96%	7.93%	4.55%	6.59%	8.40%	11.55%
Free Cash Flow Margin	11.66%	16.40%	16.57%	33.07%	29.62%	-27.26%
EBITDA	43.67	47.47	30.65	60.14	79.32	97.32
EBITDA Margin	13.00%	14.19%	9.62%	15.43%	16.85%	20.21%
D&A For EBITDA	9.27	9.11	9.48	17.93	20.39	17.29
EBIT	34.4	38.36	21.17	42.21	58.93	80.03
EBIT Margin	10.24%	11.47%	6.64%	10.83%	12.52%	16.62%
Effective Tax Rate	22.14%	22.19%	11.08%	25.27%	23.71%	22.19%
Revenue as Reported	336.07	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