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Horace Mann Educators HMN Fixed Account Annuities — Policyholders' account balances

Other product segments

Experience life
$53.7M-6.4%

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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$2.05B-1.1%
Enterprise value$2.62B+1.6%
P/E12.4×-5.7×
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:PolicyholderFunds.

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 fixed account annuities — policyholders' account balances?
Horace Mann Educators (HMN) reported fixed account annuities — policyholders' account balances of $4.48B in Q1 2026.
How has Horace Mann Educators's fixed account annuities — policyholders' account balances changed year-over-year?
Horace Mann Educators's fixed account annuities — policyholders' account balances decreased by 0.3% year-over-year, from $4.5B to $4.48B.
What is the long-term trend for Horace Mann Educators's fixed account annuities — policyholders' account balances?
Over 3 years (2022 to 2025), Horace Mann Educators's fixed account annuities — policyholders' account balances has grown at a -0.6% compound annual growth rate (CAGR), from $18.32B to $17.99B.
What does fixed account annuities — policyholders' account balances mean?
This represents the total liability held by the company for fixed account annuity contracts. It reflects the cumulative value of premiums, interest credited, and adjustments for withdrawals or benefit payments owed to policyholders. Monitoring this balance is essential for assessing the scale of the company's retirement product obligations.