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Horace Mann Educators HMN Reconciling items — 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$2.04B+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: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 reconciling items — policyholders' account balances?
Horace Mann Educators (HMN) reported reconciling items — policyholders' account balances of $27.9M in Q1 2026.
How has Horace Mann Educators's reconciling items — policyholders' account balances changed year-over-year?
Horace Mann Educators's reconciling items — policyholders' account balances increased by 38.8% year-over-year, from $20.1M to $27.9M.
What is the long-term trend for Horace Mann Educators's reconciling items — policyholders' account balances?
Over 2 years (2023 to 2025), Horace Mann Educators's reconciling items — policyholders' account balances has grown at a 16.5% compound annual growth rate (CAGR), from $72.6M to $98.5M.
What does reconciling items — policyholders' account balances mean?
This metric captures the aggregate liability for policyholder account balances that are not allocated to specific operating segments. It represents the funds held on behalf of customers, primarily within retirement annuity products, which are subject to withdrawal or benefit payments. Tracking these balances helps investors understand the total scale of customer deposits and the associated liquidity obligations of the firm.