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Horace Mann Educators HMN Experience life — Interest Expense

Other product segments

Term Life
$1.5M+7.1%
SPIA (life contingent)
$1M-9.1%
Limited-Pay Whole Life
$800K0.0%

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KMPRTerm Life Insurance — Interest Expense
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BRK.ALife And Health Insurance — Liability For Future Policy Benefit Interest Expense
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GLLife — Interest accrual
$347.59M+0.8%
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BRK.ALife And Health Insurance — Liability For Future Policy Benefit Expected Future Policy Benefit Interest Expense
$354M+11.3%

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:LiabilityForFuturePolicyBenefitInterestExpense.

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 — interest expense?
Horace Mann Educators (HMN) reported experience life — interest expense of $10.3M in Q1 2026.
How has Horace Mann Educators's experience life — interest expense changed year-over-year?
Horace Mann Educators's experience life — interest expense decreased by 2.8% year-over-year, from $10.6M to $10.3M.
What is the long-term trend for Horace Mann Educators's experience life — interest expense?
Over 3 years (2022 to 2025), Horace Mann Educators's experience life — interest expense has grown at a -1.7% compound annual growth rate (CAGR), from $44.2M to $42M.
What does experience life — interest expense mean?
The cost associated with the accretion of the liability for future policy benefits over time, reflecting the time value of money. This expense represents the interest-like growth of the insurance liability as it approaches the expected payout date.