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Horace Mann Educators HMN Experience life — Weighted-average crediting rate

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Other financials

Income statement

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Revenue$443.5M+7.7%
Net income$41.6M+41.5%
EPS (diluted)$1.01+42.3%

Balance sheet

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Cash & equivalents$46.2M+13.0%
Total debt$594.2M+8.5%
Total equity$1.5B+10.5%
Total assets$15.6B+5.9%

Cash flow

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Operating cash flow$223.7M+70.4%

Valuation

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Market cap$2.19B+26.6%
Enterprise value$2.73B+22.4%
P/E12.3×0.0×
P/S1.3×+0.2×

Profitability

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Net margin10.2%+1.7pp

Returns & leverage

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Return on equity12.4%+1.5pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Horace Mann Educators in its filing.

Tagged under the XBRL concept hmn:PolicyholderAccountBalanceWeightedAverageCreditingRateDuringPeriod.

The source filing: Horace Mann Educators’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000850141-26-000033
($ in millions)Three Months Ended June 30, 2026 / Indexed Universal LifeThree Months Ended June 30, 2026 / Experience Life(1)Three Months Ended June 30, 2026 / Fixed Account AnnuitiesThree Months Ended June 30, 2026 / Fixed Indexed Account AnnuitiesThree Months Ended June 30, 2026 / SPIA (non-life contingent)
Interest credited(5)2.00.742.75.60.2
Other(1.3)3.9(2.1)
Balance at June 30, 2026$107.9$52.8$4,469.0$360.7$25.8
Weighted-average crediting rate8.2%5.3%3.9%6.4%3.4%
Net amount at risk(6)$22.2
Cash surrender value$84.3$52.2$4,421.0$356.9$25.5
($ in millions)Three Months Ended June 30, 2025
Indexed Universal LifeExperience Life(1)Fixed Account AnnuitiesFixed Indexed Account AnnuitiesSPIA (non-life contingent)

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's experience life — weighted-average crediting rate?
Horace Mann Educators (HMN) reported experience life — weighted-average crediting rate of 5.3% in Q2 2026.
How has Horace Mann Educators's experience life — weighted-average crediting rate changed year-over-year?
Horace Mann Educators's experience life — weighted-average crediting rate increased by 6.0% year-over-year, from 5% to 5.3%.
What does experience life — weighted-average crediting rate mean?
The average interest rate applied to policyholder account balances within the life insurance segment, weighted by the size of the accounts. This rate is a critical lever for maintaining competitiveness in the market while managing the company's interest expense and profitability.

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