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Horace Mann Educators HMN Term Life — Interest Expense

Other product segments

Experience life
$10.3M-2.8%
SPIA (life contingent)
$1M-9.1%
Limited-Pay Whole Life
$800K0.0%

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KMPRTerm Life Insurance — Interest Expense
$34.5M-0.6%
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PFGTerm Life Insurance — Liability For Future Policy Benefit Interest Expense
$18M+16.1%
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PRUTerm Life — Interest Expense
$106M+1.0%
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PFGTerm Life Insurance — Liability For Future Policy Benefit Expected Future Policy Benefit Interest Expense
-$71.6M-7.8%
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KMPRTerm Life Insurance — Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense
$41.7M-0.7%
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KMPRTerm Life Insurance — Interest Accrual
$7.3M0.0%

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:LiabilityForFuturePolicyBenefitInterestExpense.

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 term life — interest expense?
Horace Mann Educators (HMN) reported term life — interest expense of $1.5M in Q1 2026.
How has Horace Mann Educators's term life — interest expense changed year-over-year?
Horace Mann Educators's term life — interest expense increased by 7.1% year-over-year, from $1.4M to $1.5M.
What is the long-term trend for Horace Mann Educators's term life — interest expense?
Over 3 years (2022 to 2025), Horace Mann Educators's term life — interest expense has grown at a 10.3% compound annual growth rate (CAGR), from $4.4M to $5.9M.
What does term life — interest expense mean?
The interest expense accrued on the liability for future policy benefits, reflecting the unwinding of the discount applied to these long-term obligations. As time passes, the present value of the liability increases, which is recognized as an interest expense. This metric is critical for understanding the cost of capital associated with maintaining long-duration insurance reserves.