Horace Mann Educators Corp (HMN) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, Horace Mann Educators reported revenue of $1.70B, up 6.7% from $1.60B the year before. Net income was $162.1M (a 9.5% net margin), or $3.90 per diluted share. Gross margin was 58.2% and operating margin was 38.5%. Operating activities generated $553.2M of cash. At fiscal year end, Horace Mann Educators held $15.27B in total assets against $13.78B in total liabilities, including $27.5M of cash and equivalents.
Open the full interactive Horace Mann Educators financials → Quarterly statements, key ratios, valuation history and price charts.
Horace Mann Educators Key Stats
| Share Price | $45.83 |
|---|---|
| Market Cap | $1.89B |
| P/E Ratio | 11.8 |
| Revenue YoY Growth | +6.7% |
| 52-Week Range | $40.88 – $53.73 |
| Shares Outstanding | 40.9 million (basic, 2026 Q2) |
Horace Mann Educators Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.31B | $1.33B | $1.38B | $1.49B | $1.60B | $1.70B |
| Cost of Goods Sold | $568.9M | $617.7M | $761.6M | $769.1M | $745.0M | $711.5M |
| Gross Profit | $741.5M | $712.4M | $621.3M | $722.8M | $850.2M | $989.9M |
| Operating Income | $741.5M | $712.4M | $621.3M | $722.8M | $555.3M | $655.5M |
| Pre-Tax Income | $159.6M | $174.9M | -$11.9M | $53.3M | $128.6M | $201.2M |
| Income Tax | $26.3M | $32.1M | -$9.3M | $8.3M | $25.8M | $39.1M |
| Net Income | $133.3M | $142.8M | -$2.6M | $45.0M | $102.8M | $162.1M |
| Diluted EPS | $3.17 | $3.39 | -$0.06 | $1.09 | $2.48 | $3.90 |
Horace Mann Educators Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $438.5M | $434.8M | $429.3M | $443.5M |
| Net Income | $58.3M | $36.2M | $41.2M | $41.6M |
| Diluted EPS | $1.40 | $0.87 | $1.00 | $1.01 |
Horace Mann Educators Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | — | — | $27.5M |
| Total Assets | $13.47B | $14.38B | $13.45B | $14.05B | $14.49B | $15.27B |
| Total Long-Term Debt | $302.3M | $253.6M | $249.0M | $546.0M | $547.0M | $593.4M |
| Total Liabilities | $11.68B | $12.58B | $12.36B | $12.87B | $13.20B | $13.78B |
| Shareholders' Equity | $1.79B | $1.81B | $1.09B | $1.18B | $1.29B | $1.48B |
Horace Mann Educators Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $259.8M | $204.9M | $171.5M | $302.1M | $452.1M | $553.2M |
| Cash From Investing | -$406.8M | -$302.0M | -$214.6M | -$107.4M | -$135.8M | -$252.1M |
| Cash From Financing | $143.8M | $208.5M | -$47.8M | -$207.8M | -$307.9M | -$311.7M |
Figures from Horace Mann Educators' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Horace Mann Educators financials page for every line item.
Horace Mann Educators Company Profile
| Ticker | HMN |
|---|---|
| Exchange | NYSE |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Springfield, Illinois |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000850141 |
Frequently Asked Questions
What was Horace Mann Educators' revenue in fiscal 2025?
Horace Mann Educators (HMN) reported revenue of $1.70B for fiscal 2025.
What is Horace Mann Educators' annual revenue history?
Horace Mann Educators' annual revenue by fiscal year: 2020: $1.31B; 2021: $1.33B; 2022: $1.38B; 2023: $1.49B; 2024: $1.60B; 2025: $1.70B.
What was Horace Mann Educators' net income in fiscal 2025?
Horace Mann Educators reported net income of $162.1M for fiscal 2025.
What was Horace Mann Educators' earnings per share (EPS) in fiscal 2025?
Horace Mann Educators' diluted EPS was $3.90 for fiscal 2025 (adjusted for any later stock splits).
What was Horace Mann Educators' revenue last quarter?
In its most recent reported quarter (2026 Q2), Horace Mann Educators reported revenue of $443.5M.
How much debt does Horace Mann Educators have?
Horace Mann Educators reported $593.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Horace Mann Educators are outstanding?
Horace Mann Educators reported a weighted average of 40.9 million basic shares outstanding in 2026 Q2.
What is Horace Mann Educators' market cap?
Based on its latest closing price, Horace Mann Educators (HMN) has a market capitalization of about $1.89B.
When does Horace Mann Educators' fiscal year end?
Horace Mann Educators' fiscal year end, as registered with the SEC, is December 31.
Where is Horace Mann Educators headquartered?
Horace Mann Educators lists its business address in Springfield, Illinois in its SEC filings.