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Horace Mann Educators HMN Supplemental health — Current discount rate

Other product segments

Limited-Pay Whole Life
5.9%+1.7%
Experience life
5.6%+1.8%
Term Life
5.6%+3.7%
SPIA (life contingent)
5.4%+1.9%

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FGPRT — Current discount rate
5.3%0.0pp
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GELife — Current discount rate
5.1%+0.2pp

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:LiabilityForFuturePolicyBenefitCurrentWeightedAverageDiscountRate.

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
Line itemAs of June 30, 2026As of June 30, 2025
Interest accretion rate4.0%4.0%
Current discount rate5.9%5.8%
Supplemental health
Interest accretion rate1.7% - 2.8%1.7% - 2.8%
Current discount rate5.6% - 5.7%5.5% - 5.7%
SPIA (life contingent)
Interest accretion rate1.7% - 4.1%1.7% - 4.1%
Current discount rate5.4% - 5.4%5.2% - 5.3%

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's supplemental health — current discount rate?
Horace Mann Educators (HMN) reported supplemental health — current discount rate of 5.7% in Q2 2026.
How has Horace Mann Educators's supplemental health — current discount rate changed year-over-year?
Horace Mann Educators's supplemental health — current discount rate decreased by 0.0% year-over-year, from 5.7% to 5.7%.
What is the long-term trend for Horace Mann Educators's supplemental health — current discount rate?
Over 3 years (2022 to 2025), Horace Mann Educators's supplemental health — current discount rate has grown at a 3.5% compound annual growth rate (CAGR), from 20.3% to 22.5%.
What does supplemental health — current discount rate mean?
This metric represents the interest rate used to discount future cash flows for the supplemental health insurance segment to their present value. Changes in this rate significantly impact the valuation of liabilities and the reported financial position of the insurance segment.

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