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Security National Financial Corporation SNFCA Fixed Annuity — Deferred Policy Acquisition Cost Amortization Expense

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Other financials

Income statement

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Revenue$79.7M-3.6%
Gross profit$78.5M-3.7%
Net income$7.0M+9.2%
EPS (diluted)$0.27+8.0%

Balance sheet

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Cash & equivalents$162.1M+11.6%
Total debt$4.2M-22.1%
Total equity$425.5M+10.4%
Total assets$1.6B+3.7%

Cash flow

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Operating cash flow$32.9M+244%
CapEx$189.7K-57.0%
Free cash flow$32.8M+258%

Valuation

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Market cap$252.31M+3.1%
P/E7.3×-1.7×
P/S0.7×0.0×

Profitability

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Gross margin98.6%+0.1pp
Net margin10.2%+1.8pp
FCF margin29.3%+18.3pp

Returns & leverage

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Return on equity8.6%+0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Security National Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The official record: Security National Financial Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Security National Financial Corporation's fixed annuity — deferred policy acquisition cost amortization expense?
Security National Financial Corporation (SNFCA) reported fixed annuity — deferred policy acquisition cost amortization expense of $32.47K in Q1 2026.
How has Security National Financial Corporation's fixed annuity — deferred policy acquisition cost amortization expense changed year-over-year?
Security National Financial Corporation's fixed annuity — deferred policy acquisition cost amortization expense decreased by 2.1% year-over-year, from $33.17K to $32.47K.
What does fixed annuity — deferred policy acquisition cost amortization expense mean?
The periodic expense recognized as deferred acquisition costs are systematically written off over the life of the annuity contracts. High amortization levels relative to new business can indicate a shift in the maturity profile of the insurance portfolio.