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Side-by-side financial comparison of MGP INGREDIENTS INC (MGPI) and SECURITY NATIONAL FINANCIAL CORP (SNFCA). Click either name above to swap in a different company.

MGP INGREDIENTS INC is the larger business by last-quarter revenue ($138.3M vs $83.0M, roughly 1.7× SECURITY NATIONAL FINANCIAL CORP). SECURITY NATIONAL FINANCIAL CORP runs the higher net margin — 16.3% vs -97.3%, a 113.6% gap on every dollar of revenue. On growth, SECURITY NATIONAL FINANCIAL CORP posted the faster year-over-year revenue change (4.7% vs -23.5%). SECURITY NATIONAL FINANCIAL CORP produced more free cash flow last quarter ($43.8M vs $24.3M). Over the past eight quarters, SECURITY NATIONAL FINANCIAL CORP's revenue compounded faster (1.1% CAGR vs -9.9%).

MGP Ingredients Inc is a leading US-based supplier of premium distilled spirits, specialty wheat and corn-based starch and protein ingredients. It serves food and beverage manufacturing, foodservice, and industrial customer segments across North America and select global markets, delivering tailored ingredient solutions for diverse product use cases.

CNO Financial Group, Inc., formerly Conseco, Inc., is an American financial services holding company based in Carmel, Indiana. Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These products are distributed through independent agents, career agents and direct to customers through television advertising and direct mail.

MGPI vs SNFCA — Head-to-Head

Bigger by revenue
MGPI
MGPI
1.7× larger
MGPI
$138.3M
$83.0M
SNFCA
Growing faster (revenue YoY)
SNFCA
SNFCA
+28.2% gap
SNFCA
4.7%
-23.5%
MGPI
Higher net margin
SNFCA
SNFCA
113.6% more per $
SNFCA
16.3%
-97.3%
MGPI
More free cash flow
SNFCA
SNFCA
$19.6M more FCF
SNFCA
$43.8M
$24.3M
MGPI
Faster 2-yr revenue CAGR
SNFCA
SNFCA
Annualised
SNFCA
1.1%
-9.9%
MGPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MGPI
MGPI
SNFCA
SNFCA
Revenue
$138.3M
$83.0M
Net Profit
$-134.6M
$13.5M
Gross Margin
34.9%
98.6%
Operating Margin
-97.7%
20.9%
Net Margin
-97.3%
16.3%
Revenue YoY
-23.5%
4.7%
Net Profit YoY
-220.8%
430.9%
EPS (diluted)
$-6.23
$0.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$138.3M
$83.0M
Q3 25
$130.9M
$89.3M
Q2 25
$145.5M
$89.5M
Q1 25
$121.7M
$82.7M
Q4 24
$180.8M
$79.3M
Q3 24
$161.5M
$88.3M
Q2 24
$190.8M
$85.8M
Q1 24
$170.6M
$81.2M
Net Profit
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$-134.6M
$13.5M
Q3 25
$15.4M
$7.8M
Q2 25
$14.4M
$6.5M
Q1 25
$-3.0M
$4.3M
Q4 24
$-42.0M
$2.5M
Q3 24
$23.9M
$11.8M
Q2 24
$32.1M
$7.3M
Q1 24
$20.6M
$7.5M
Gross Margin
MGPI
MGPI
SNFCA
SNFCA
Q4 25
34.9%
98.6%
Q3 25
37.8%
98.8%
Q2 25
40.1%
98.7%
Q1 25
35.6%
98.5%
Q4 24
41.2%
98.5%
Q3 24
40.8%
98.7%
Q2 24
43.6%
98.6%
Q1 24
36.8%
98.4%
Operating Margin
MGPI
MGPI
SNFCA
SNFCA
Q4 25
-97.7%
20.9%
Q3 25
16.1%
11.4%
Q2 25
14.0%
9.3%
Q1 25
-0.6%
6.7%
Q4 24
-16.8%
4.0%
Q3 24
20.2%
17.2%
Q2 24
22.7%
10.9%
Q1 24
17.0%
11.8%
Net Margin
MGPI
MGPI
SNFCA
SNFCA
Q4 25
-97.3%
16.3%
Q3 25
11.8%
8.7%
Q2 25
9.9%
7.3%
Q1 25
-2.5%
5.2%
Q4 24
-23.2%
3.2%
Q3 24
14.8%
13.4%
Q2 24
16.8%
8.5%
Q1 24
12.1%
9.2%
EPS (diluted)
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$-6.23
$0.52
Q3 25
$0.71
$0.31
Q2 25
$0.67
$0.25
Q1 25
$-0.14
$0.18
Q4 24
$-1.86
$0.09
Q3 24
$1.07
$0.47
Q2 24
$1.43
$0.29
Q1 24
$0.92
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MGPI
MGPI
SNFCA
SNFCA
Cash + ST InvestmentsLiquidity on hand
$18.5M
$102.3M
Total DebtLower is stronger
$245.9M
Stockholders' EquityBook value
$718.4M
$410.4M
Total Assets
$1.2B
$1.6B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$18.5M
$102.3M
Q3 25
$13.4M
$100.4M
Q2 25
$17.3M
$79.3M
Q1 25
$20.1M
$132.9M
Q4 24
$25.3M
$140.5M
Q3 24
$20.8M
$170.7M
Q2 24
$21.0M
$143.6M
Q1 24
$19.5M
$150.9M
Total Debt
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$245.9M
Q3 25
$262.3M
Q2 25
$290.7M
Q1 25
$290.7M
Q4 24
$317.1M
Q3 24
$283.6M
Q2 24
$303.0M
Q1 24
$294.4M
Stockholders' Equity
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$718.4M
$410.4M
Q3 25
$855.2M
$365.4M
Q2 25
$841.8M
$354.8M
Q1 25
$828.3M
$346.5M
Q4 24
$834.2M
$381.9M
Q3 24
$914.5M
$346.3M
Q2 24
$894.5M
$325.8M
Q1 24
$867.0M
$320.1M
Total Assets
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$1.2B
$1.6B
Q3 25
$1.4B
$1.6B
Q2 25
$1.4B
$1.5B
Q1 25
$1.4B
$1.5B
Q4 24
$1.4B
$1.5B
Q3 24
$1.4B
$1.5B
Q2 24
$1.4B
$1.5B
Q1 24
$1.4B
$1.4B
Debt / Equity
MGPI
MGPI
SNFCA
SNFCA
Q4 25
0.34×
Q3 25
0.31×
Q2 25
0.35×
Q1 25
0.35×
Q4 24
0.38×
Q3 24
0.31×
Q2 24
0.34×
Q1 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MGPI
MGPI
SNFCA
SNFCA
Operating Cash FlowLast quarter
$29.1M
$45.5M
Free Cash FlowOCF − Capex
$24.3M
$43.8M
FCF MarginFCF / Revenue
17.5%
52.8%
Capex IntensityCapex / Revenue
3.5%
2.0%
Cash ConversionOCF / Net Profit
3.38×
TTM Free Cash FlowTrailing 4 quarters
$76.0M
$69.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$29.1M
$45.5M
Q3 25
$36.1M
$25.6M
Q2 25
$11.7M
$-7.7M
Q1 25
$44.7M
$9.6M
Q4 24
$28.8M
$57.3M
Q3 24
$43.9M
$26.8M
Q2 24
$5.0M
$-17.0M
Q1 24
$24.6M
$25.1M
Free Cash Flow
MGPI
MGPI
SNFCA
SNFCA
Q4 25
$24.3M
$43.8M
Q3 25
$27.6M
$24.9M
Q2 25
$-557.0K
$-8.1M
Q1 25
$24.8M
$9.1M
Q4 24
$10.4M
$54.8M
Q3 24
$24.5M
$26.6M
Q2 24
$-1.4M
$-17.1M
Q1 24
$-2.4M
$24.8M
FCF Margin
MGPI
MGPI
SNFCA
SNFCA
Q4 25
17.5%
52.8%
Q3 25
21.1%
27.9%
Q2 25
-0.4%
-9.1%
Q1 25
20.4%
11.1%
Q4 24
5.8%
69.2%
Q3 24
15.2%
30.2%
Q2 24
-0.7%
-20.0%
Q1 24
-1.4%
30.6%
Capex Intensity
MGPI
MGPI
SNFCA
SNFCA
Q4 25
3.5%
2.0%
Q3 25
6.5%
0.8%
Q2 25
8.4%
0.5%
Q1 25
16.4%
0.5%
Q4 24
10.1%
3.1%
Q3 24
12.0%
0.2%
Q2 24
3.3%
0.2%
Q1 24
15.8%
0.3%
Cash Conversion
MGPI
MGPI
SNFCA
SNFCA
Q4 25
3.38×
Q3 25
2.34×
3.28×
Q2 25
0.81×
-1.18×
Q1 25
2.21×
Q4 24
22.55×
Q3 24
1.84×
2.26×
Q2 24
0.15×
-2.33×
Q1 24
1.19×
3.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MGPI
MGPI

Branded Spirits$63.4M46%
Ingredient Solutions$31.3M23%
Specialty Wheat Starches$16.8M12%
Mid Spirits$16.1M12%
Other Branded Spirits$8.0M6%
Commodity Wheat Starch$2.3M2%

SNFCA
SNFCA

Life Insurance$29.9M36%
Mortgage$24.8M30%
Other$21.3M26%
Timing Of Revenue Recognition Goods Transferred At A Point In Time$4.6M6%
Timing Of Revenue Recognition Services Transferred At A Point In Time$2.4M3%

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