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Security National Financial (Security National Financial) Net Margin %

: 3.81% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Security National Financial's Net Income for the three months ended in Dec. 2023 was $2.9 Mil. Security National Financial's Revenue for the three months ended in Dec. 2023 was $75.1 Mil. Therefore, Security National Financial's net margin for the quarter that ended in Dec. 2023 was 3.81%.

The historical rank and industry rank for Security National Financial's Net Margin % or its related term are showing as below:

SNFCA' s Net Margin % Range Over the Past 10 Years
Min: 3.65   Med: 4.93   Max: 11.55
Current: 4.55


SNFCA's Net Margin % is ranked worse than
92.34% of 1462 companies
in the Banks industry
Industry Median: 25.54 vs SNFCA: 4.55

Security National Financial Net Margin % Historical Data

The historical data trend for Security National Financial's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Security National Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.85 11.55 8.36 6.57 4.55

Security National Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.59 1.56 7.55 5.05 3.81

Competitive Comparison

For the Mortgage Finance subindustry, Security National Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Security National Financial Net Margin % Distribution

For the Banks industry and Financial Services sector, Security National Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Security National Financial's Net Margin % falls into.



Security National Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Security National Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=14.495/318.525
=4.55 %

Security National Financial's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.861/75.074
=3.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Security National Financial  (NAS:SNFCA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Security National Financial Net Margin % Related Terms

Thank you for viewing the detailed overview of Security National Financial's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Security National Financial (Security National Financial) Business Description

Traded in Other Exchanges
Address
433 West Ascension Way, Salt Lake City, UT, USA, 84123
Security National Financial Corp is engaged in the life insurance, cemetery and mortuary, and mortgage loan businesses. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. Its cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes, and real estate projects. Geographically all the business activity is functioned through the region of the USA and it derives the majority of revenue from Mortgage segment.
Executives
Gilbert A Fuller director 55 WANDERWOOD WAY, SANDY UT 84092
Jeffrey Russell Stephens officer: General Counsel, Corporate Sec 38 NORTHRIDGE WAY, SANDY UT 84092
Howard Craig Moody director 11892 SOUTH BROOKGLEN DRIVE, SANDY UT 84092
Jason G. Overbaugh director, officer: VP, Asst. Corp Sec. 13471 SOUTH TUSCALEE WAY, DRAPER UT 84020
Ludmya B Love director 913 WEST GROUSE CIRCLE, SARATOGA SPRINGS UT 84045
Shital Ashok Mehta director 59 N SANTA CRUZ AVENUE, STE Y, LOS GATOS CA 95030
Norman G Wilbur director 2637 MUSTANG DRIVE, MEAD CO 80542
Garrett S. Sill officer: Acting CFO 2463 SOUTH 1375 WEST, SYRACUSE UT 84075
Adam George Quist officer: VP Mem Serv Asst Sec. Gen Con 4057 SOUTH OLIVIA VIEW LANE, SALT LAKE CITY UT 84107
Scott M Quist director, officer: Pres., Chief Operating Officer 7 WANDERWOOD WAY, SANDY UT 84092
Stephen Charles Johnson officer: VP of Mortgage Operations 886 SOUTH ROUECHE LANE, KAYSVILLE UT 84037
Jordan Capital Am, Llc 10 percent owner 3500 PIEDMONT RD NE, SUITE 330, ATLANTA GA 30305
John L Cook director 2424 SUMMER OAK CIRCLE, SANDY UT 84092
S. Andrew Quist director, officer: VP and Assoc General Counsel 272 EAST BROADLEAF CIRCLE, DRAPER UT 84020
Beckstead Jack Lynn Jr director, officer: V.P. Mortgage Operations 190 NORTH MATTERHORN DRIVE, ALPINE UT 84004