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Horace Mann Educators HMN Experience life — Beginning balance at original discount rate

Other product segments

Term Life
$432.5M-1.1%
Limited-Pay Whole Life
$118.5M+3.0%
SPIA (life contingent)
$101.7M-4.1%

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PRUTerm Life — Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance
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FNFTraditional Life — Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance
$2.13B-8.7%
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918,400,000,000%-77,500,000,000pp

Other financials

Income statement

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Revenue$429.3M+3.1%
Net income$41.2M+7.9%
EPS (diluted)$1.00+8.7%

Balance sheet

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Cash & equivalents$20.9M-31.0%
Total debt$593.8M+8.5%
Total equity$1.5B+9.5%
Total assets$15.0B+4.0%

Cash flow

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Operating cash flow$61.3M-56.5%

Valuation

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Market cap$2.04B+18.8%
Enterprise value$2.61B+17.0%
P/E12.4×-2.6×
P/S1.2×+0.1×

Profitability

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Net margin9.6%+2.6pp

Returns & leverage

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Return on equity11.7%+2.8pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Horace Mann Educators in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOriginalDiscountRateBeforeCashFlowAndReinsurance.

The official record: Horace Mann Educators’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Horace Mann Educators's experience life — beginning balance at original discount rate?
Horace Mann Educators (HMN) reported experience life — beginning balance at original discount rate of $757.1M in Q1 2026.
How has Horace Mann Educators's experience life — beginning balance at original discount rate changed year-over-year?
Horace Mann Educators's experience life — beginning balance at original discount rate decreased by 2.5% year-over-year, from $776.3M to $757.1M.
What is the long-term trend for Horace Mann Educators's experience life — beginning balance at original discount rate?
Over 2 years (2023 to 2025), Horace Mann Educators's experience life — beginning balance at original discount rate has grown at a -1.8% compound annual growth rate (CAGR), from $3.2B to $3.08B.
What does experience life — beginning balance at original discount rate mean?
Represents the opening valuation of the liability for future policy benefits calculated using the initial discount rate established at contract inception. This metric provides a baseline for tracking long-term insurance obligations before subsequent adjustments for market fluctuations or assumption changes.