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Security National Financial Corporation SNFCA Universal Life — Deferred Policy Acquisition Cost Amortization Expense

Other product segments

Fixed Annuity
$32.47K-2.1%

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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 universal life — deferred policy acquisition cost amortization expense?
Security National Financial Corporation (SNFCA) reported universal life — deferred policy acquisition cost amortization expense of $82.25K in Q1 2026.
How has Security National Financial Corporation's universal life — deferred policy acquisition cost amortization expense changed year-over-year?
Security National Financial Corporation's universal life — deferred policy acquisition cost amortization expense increased by 8.1% year-over-year, from $76.06K to $82.25K.
What does universal life — deferred policy acquisition cost amortization expense mean?
The periodic expense recognized as deferred policy acquisition costs are systematically written off over the life of the insurance contracts. This metric indicates the rate at which the company is consuming its investment in customer acquisition. Higher amortization relative to revenue may suggest a shift in policy duration or profitability expectations.