Horace Mann Educators (HMN) financial statements
Horace Mann Educators reported revenue of $1.7B in fiscal 2025, up 4.7% a year over 9 years.
Net income was $162M and the operating margin 11.8%, against 10.1% in 2016.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Horace Mann Educators's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.2B | $1.4B | $1.3B | $1.3B | $1.4B | $1.5B | $1.6B | $1.7B |
| Operating income | $114M | $89M | $20M | $236M | $160M | $210M | $16M | $53M | $129M | $201M |
| Interest expense | $12M | $12M | $13M | $16M | $15M | $14M | $19M | $30M | $35M | $36M |
| Pre-tax income | $114M | $89M | $20M | $236M | $160M | $210M | $16M | $53M | $129M | $201M |
| Income tax | $30M | -$81M | $1M | $52M | $26M | $40M | -$3M | $8M | $26M | $39M |
| Net income | $84M | $169M | $18M | $184M | $133M | $170M | $20M | $45M | $103M | $162M |
| EPS (diluted) | $2.02 | $4.08 | $0.44 | $4.40 | $3.17 | $4.04 | $0.47 | $1.09 | $2.48 | $3.90 |
| Diluted shares | 41M | 42M | 42M | 42M | 42M | 42M | 42M | 41M | 42M | 42M |
| Operating margin | 10.1% | 7.6% | 1.6% | 16.5% | 12.2% | 15.8% | 1.2% | 3.6% | 8.1% | 11.8% |
| Net margin | 7.4% | 14.5% | 1.5% | 12.9% | 10.2% | 12.8% | 1.4% | 3.0% | 6.4% | 9.5% |
Balance sheet
Fiscal years, from Horace Mann Educators's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $17M | $8M | $12M | $25M | $22M | $133M | $42M | $29M | $38M | $28M |
| Property, plant and equipment | $32M | $39M | $41M | $60M | $65M | $66M | $69M | $69M | $73M | $71M |
| Goodwill | $47M | $47M | $47M | $49M | $44M | $44M | $54M | $54M | $54M | $54M |
| Total assets | $10.6B | $11.2B | $11.0B | $12.5B | $13.5B | $14.5B | $13.3B | $14.0B | $14.5B | $15.3B |
| Total liabilities | $9.3B | $9.7B | $9.7B | $10.9B | $11.7B | $12.6B | $12.2B | $12.9B | $13.2B | $13.8B |
| Shareholders' equity | $1.3B | $1.5B | $1.3B | $1.6B | $1.8B | $1.5B | $1.1B | $1.2B | $1.3B | $1.5B |
| Net debt | -$17M | -$8M | -$12M | -$25M | -$22M | -$133M | -$42M | -$29M | -$38M | -$28M |
Cash flow
Fiscal years, from Horace Mann Educators's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $211M | $257M | $201M | $128M | $260M | $205M | $172M | $302M | $452M | $553M |
| Stock-based compensation | $1M | $9M | $8M | $7M | $7M | $8M | $9M | $10M | $10M | $10M |
| Dividends paid | $44M | $46M | $47M | $47M | $50M | $51M | $53M | $54M | $56M | $57M |
| Net borrowing | — | — | — | — | — | — | — | $298M | $0 | $295M |
| Dividends per share | $1.07 | $1.11 | $1.11 | $1.13 | $1.18 | $1.22 | $1.26 | $1.30 | $1.34 | $1.37 |
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What was Horace Mann Educators's revenue in 2025?
$1.7B in fiscal 2025, from its 10-K filing.
From Horace Mann Educators's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.