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Security National Financial Corporation SNFCA Life Insurance — Policyholder Benefits And Claims Incurred Net

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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:PolicyholderBenefitsAndClaimsIncurredNet.

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 life insurance — policyholder benefits and claims incurred net?
Security National Financial Corporation (SNFCA) reported life insurance — policyholder benefits and claims incurred net of $24.54M in Q1 2026.
How has Security National Financial Corporation's life insurance — policyholder benefits and claims incurred net changed year-over-year?
Security National Financial Corporation's life insurance — policyholder benefits and claims incurred net decreased by 3.6% year-over-year, from $25.46M to $24.54M.
What is the long-term trend for Security National Financial Corporation's life insurance — policyholder benefits and claims incurred net?
Over 2 years (2023 to 2025), Security National Financial Corporation's life insurance — policyholder benefits and claims incurred net has grown at a 420.7% compound annual growth rate (CAGR), from $4.61M to $125.07M.
What does life insurance — policyholder benefits and claims incurred net mean?
Measures the total costs incurred for policyholder claims and benefits, net of any reinsurance recoveries. This is a key indicator of underwriting performance and the accuracy of actuarial assumptions regarding mortality and morbidity.