SNFCA

MKT CAP:$219M

Security National Financial Corporation

Market Cap

$219M

Financial Services·Financial - Mortgages·🇺🇸 United States·NASDAQ

Financials·Financial·🇺🇸·NASDAQ

Stock Price

$9.78+$1.10 (+12.67%)

Apr 24, 2026

Company Details

Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and ...

CEO

Scott Milton Quist

IPO Date

Aug 12, 1987

Website

www.securitynational.com

Key Metrics TTM

Revenue

$89M

-43.7% YoY

Net Income

$23M

EPS (Diluted)

$0.96

Free Cash Flow

$39M

Revenue / Share

$3.66

Gross Margin

95.0%

Operating Margin

33.6%

Net Margin

26.2%

FCF Margin

43.8%

P/S

2.4x

P/E

9.3x

Earnings Reports

Q2 2025

May 11, 2026

PENDING

Q1 2025

May 15, 2025

$83M+5479.9%EPS $0.18

FY 2024

Mar 31, 2025

$8M-14.2%EPS $1.06

Q4 2024

Mar 31, 2025

$2M-97.2%EPS -$0.00

Q3 2024

Nov 14, 2024

$2M-97.1%EPS $0.49

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$0	-$3M	$4M
Q1 21	$2M	$486.2K	$16M
Q2 21	$0	-$2M	$15M
Q3 21	$2M	$529.1K	$14M
Q4 21	$0	-$2M	$7M
Q1 22	$2M	$304.6K	$4M
Q2 22	$3M	$1M	$5M
Q3 22	$3M	$433.7K	-$3M
Q2 23	$3M	$1M	$8M
Q3 23	$80M	$80M	$5M
Q4 23	$75M	$75M	$42M
Q1 24	$1M	$455.3K	$10M
Q2 24	$2M	$1M	$9M
Q3 24	$2M	$1M	$15M
Q4 24	$2M	$996.1K	-$119.8K
Q1 25	$83M	$81M	$6M

Valuation

Quarter	P/S	P/E
Q4 20	—	3.0x
Q1 21	78.1x	2.7x
Q2 21	74.1x	3.0x
Q3 21	35.5x	4.3x
Q4 21	39.4x	4.6x
Q1 22	48.2x	6.9x
Q2 22	24.2x	7.7x
Q3 22	18.1x	13.9x
Q2 23	19.0x	17.8x
Q3 23	1.9x	14.6x
Q4 23	1.2x	18.2x
Q1 24	1.1x	8.6x
Q2 24	1.2x	8.6x
Q3 24	2.6x	7.3x
Q4 24	34.5x	10.6x
Q1 25	3.2x	12.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 20	$35M	$34M
Q1 21	$101M	$98M
Q2 21	$24M	$23M
Q3 21	$4M	$4M
Q4 21	$16M	$15M
Q1 22	$73M	$72M
Q2 22	$25M	$25M
Q3 22	$12M	$11M
Q2 23	$18M	$18M
Q3 23	$16M	$16M
Q4 23	$35M	$35M
Q1 24	$25M	$25M
Q2 24	-$17M	-$17M
Q3 24	$27M	$27M
Q4 24	$22M	$21M
Q1 25	$10M	$9M

Capital Expenditures

Quarter	CapEx
Q4 20	$519.4K
Q1 21	$3M
Q2 21	$477.9K
Q3 21	$844.7K
Q4 21	$1M
Q1 22	$356.8K
Q2 22	$349.3K
Q3 22	$260.3K
Q2 23	$276.6K
Q3 23	$264.3K
Q4 23	$318.4K
Q1 24	$256.2K
Q2 24	$167.0K
Q3 24	$152.5K
Q4 24	$2M
Q1 25	$441.5K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 20	—	-97.3%
Q1 21	—	-852.6%
Q2 21	—	+46.0%
Q3 21	—	+69.4%
Q4 21	—	-57.8%
Q1 22	-12.1%	+82.8%
Q2 22	—	+87.7%
Q3 22	+10.0%	+149.7%
Q2 23	—	+16.5%
Q3 23	+3836.7%	+3202.9%
Q4 23	+2462.3%	+1905.0%
Q1 24	-42.3%	-238.5%
Q2 24	-13.6%	-28.9%
Q3 24	-97.1%	-117.2%
Q4 24	-97.2%	-93.2%
Q1 25	+5479.9%	+1048.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 20	$0	—
Q1 21	$0	0.0%
Q2 21	$0	—
Q3 21	$0	0.0%
Q4 21	$0	—
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$230.9K	9.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	-$431.6K	-0.6%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$195.4K	8.3%
Q4 24	$0	0.0%
Q1 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q4 20	$40M	$2M
Q1 21	$38M	$2M
Q2 21	$38M	$2M
Q3 21	$41M	$2M
Q4 21	$44M	$2M
Q1 22	$41M	$2M
Q2 22	$38M	$2M
Q3 22	$37M	$1M
Q2 23	$30M	$965.8K
Q3 23	$29M	$994.4K
Q4 23	$32M	$846.8K
Q1 24	$28M	$687.7K
Q2 24	$29M	$786.2K
Q3 24	$29M	$907.5K
Q4 24	$32M	$733.7K
Q1 25	$22M	$823.9K

Revenue Segments

Quarter	Cemetery and Mortuary	Life Insurance Product Line	Mortgage	Change in fair value of loan commitments
Q4 20	$5M	-$17M	$80M	—
Q2 21	$78.3K	$2M	$156.0K	-$2M
Q4 21	$21M	—	$210M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$146M	$272M	$418M
Q2 22	$131M	$271M	$402M
Q3 22	$85M	$321M	$406M
Q4 22	$121M	$346M	$467M
Q1 23	$100M	$358M	$457M
Q2 23	$110M	$49M	$159M
Q3 23	$135M	$34M	$169M
Q4 23	$127M	$382M	$508M
Q1 24	$151M	$108M	$259M
Q2 24	$144M	$61M	$205M
Q3 24	$171M	$39M	$209M
Q4 24	$141M	$72M	$212M
Q1 25	$133M	$45M	$178M
Q2 25	$79M	$37M	$116M
Q3 25	$100M	$28M	$128M
Q4 25	$102M	$63M	$165M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	24M	+0.8%	-2.3%
Q1 21	24M	+2.0%	+11.5%
Q2 21	24M	-0.6%	+1.1%
Q3 21	24M	+0.4%	+2.7%
Q4 21	24M	-0.3%	+1.6%
Q1 22	22M	-7.9%	-8.3%
Q2 22	24M	+8.8%	+0.4%
Q3 22	24M	-1.8%	-1.8%
Q2 23	24M	-0.5%	-2.1%
Q3 23	25M	+6.2%	+12.9%
Q4 23	24M	-5.7%	-2.2%
Q1 24	24M	+1.5%	+1.1%
Q2 24	25M	+4.0%	+5.8%
Q3 24	24M	-4.0%	-4.5%
Q4 24	23M	-2.5%	-1.2%
Q1 25	24M	+4.3%	+1.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	$0	2K
Q1 21	$1.5K	2K
Q2 21	$0	2K
Q3 21	$1.5K	2K
Q4 21	$0	2K
Q1 22	$1.3K	2K
Q2 22	$1.8K	2K
Q3 22	$1.6K	2K
Q2 23	$1.8K	1K
Q3 23	$56.3K	1K
Q4 23	$61.1K	1K
Q1 24	$1.2K	1K
Q2 24	$1.8K	1K
Q3 24	$1.9K	1K
Q4 24	$1.8K	1K
Q1 25	$69.8K	1K

Revenue / Employee