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Horace Mann Educators HMN Variable Account Annuities — Deposits

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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:SeparateAccountLiabilityDeposit.

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
($ in millions)Retirement Services / Variable Account Annuities / June 30, 2026Retirement Services / Variable Account Annuities / December 31, 2025
Balance, beginning of year$4,157.4$3,708.8
Deposits142.7293.8
Withdrawals(164.8)(316.4)
Net transfers(13.9)(27.5)
Fees and charges(31.1)(57.2)
Market appreciation (depreciation)379.5555.9
Other
Balance, end of period$4,469.8$4,157.4

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's variable account annuities — deposits?
Horace Mann Educators (HMN) reported variable account annuities — deposits of $71.7M in Q2 2026.
How has Horace Mann Educators's variable account annuities — deposits changed year-over-year?
Horace Mann Educators's variable account annuities — deposits decreased by 67.9% year-over-year, from $223.4M to $71.7M.
What is the long-term trend for Horace Mann Educators's variable account annuities — deposits?
Over 2 years (2022 to 2024), Horace Mann Educators's variable account annuities — deposits has grown at a 5.3% compound annual growth rate (CAGR), from $240.3M to $266.2M.
What does variable account annuities — deposits mean?
This metric measures the total new capital inflows received from policyholders into variable annuity accounts during a specific period. It serves as a key indicator of sales momentum and the company's ability to attract new retirement savings from its target demographic. Consistent growth in deposits is a primary driver of future assets under management and fee-based revenue.

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