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Horace Mann Educators HMN Life & Retirement — Premiums Earned, Net

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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 us-gaap:PremiumsEarnedNet.

The source filing: Horace Mann Educators’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 1:09 PM EST
Fiscal year
FY2025
Accession
0000850141-26-000007
Column A / Year Ended December 31, 2025Column B / Direct(1)AmountColumn C / Ceded to Other CompaniesColumn D / Assumedfrom Other CompaniesColumn E / Net AmountColumn F / Percentageof Amount Assumed to Net
Life insurance in force$46,536.6$11,578.7$34,957.9
Premiums
Property & Casualty$806.8$20.9$16.7$802.62.1%
Life & Retirement165.36.7158.6
Supplemental & Group Benefits286.630.711.3267.24.2%
Total premiums$1,258.7$58.3$28.0$1,228.42.3%
Year Ended December 31, 2024
Life insurance in force$37,107.3$10,012.3$27,095.0

ITEM 15. I Exhibits and Financial Statement Schedules

FAQ

What is Horace Mann Educators's life & retirement — premiums earned, net?
Horace Mann Educators (HMN) reported life & retirement — premiums earned, net of $39.65M in Q4 2025.
How has Horace Mann Educators's life & retirement — premiums earned, net changed year-over-year?
Horace Mann Educators's life & retirement — premiums earned, net increased by 2.6% year-over-year, from $38.65M to $39.65M.
What is the long-term trend for Horace Mann Educators's life & retirement — premiums earned, net?
Over 4 years (2021 to 2025), Horace Mann Educators's life & retirement — premiums earned, net has grown at a 2.6% compound annual growth rate (CAGR), from $143.4M to $158.6M.
What does life & retirement — premiums earned, net mean?
Calculated as direct premiums earned plus assumed premiums minus ceded premiums, representing the actual revenue retained by the insurance segment. This is the primary measure of the company's net underwriting revenue after accounting for reinsurance activity.

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