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Horace Mann Educators HMN Reconciling items — Deferred policy acquisition costs

Other product segments

Term Life
$35.9M+4.1%
Limited-Pay Whole Life
$8.3M+3.8%
Experience life
$5.1M-5.6%

Similar metrics at other companies

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$366.57M+8.9%
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$60.34M-1.5%
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SPNTDeferred policy acquisition costs
$403.4M+9.2%
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KNSLDeferred policy acquisition costs
$119.17M+6.1%

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-1.1%
Enterprise value$2.61B+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:DeferredPolicyAcquisitionCosts.

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 reconciling items — deferred policy acquisition costs?
Horace Mann Educators (HMN) reported reconciling items — deferred policy acquisition costs of $38M in Q1 2026.
How has Horace Mann Educators's reconciling items — deferred policy acquisition costs changed year-over-year?
Horace Mann Educators's reconciling items — deferred policy acquisition costs increased by 6.1% year-over-year, from $35.8M to $38M.
What is the long-term trend for Horace Mann Educators's reconciling items — deferred policy acquisition costs?
Over 2 years (2023 to 2025), Horace Mann Educators's reconciling items — deferred policy acquisition costs has grown at a 18.2% compound annual growth rate (CAGR), from $110.4M to $154.3M.
What does reconciling items — deferred policy acquisition costs mean?
This represents the unamortized portion of costs directly related to the acquisition of new insurance contracts that are categorized under reconciling items. These costs are capitalized and amortized over the expected life of the policies to match expenses with related revenue recognition. Analyzing this balance provides insight into the company's historical investment in customer acquisition and the potential for future earnings volatility.