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Horace Mann Educators HMN Variable Account Annuities — Separate Account, Liability

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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$2.05B-1.1%
Enterprise value$2.62B+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:SeparateAccountsLiability.

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 variable account annuities — separate account, liability?
Horace Mann Educators (HMN) reported variable account annuities — separate account, liability of $3.96B in Q1 2026.
How has Horace Mann Educators's variable account annuities — separate account, liability changed year-over-year?
Horace Mann Educators's variable account annuities — separate account, liability increased by 11.0% year-over-year, from $3.57B to $3.96B.
What is the long-term trend for Horace Mann Educators's variable account annuities — separate account, liability?
Over 2 years (2023 to 2025), Horace Mann Educators's variable account annuities — separate account, liability has grown at a 12.8% compound annual growth rate (CAGR), from $12.32B to $15.68B.
What does variable account annuities — separate account, liability mean?
This metric represents the total value of liabilities held within separate accounts for variable annuity products. It reflects the company's obligation to policyholders whose assets are invested in sub-accounts separate from the general account. Monitoring this balance is essential for assessing the scale of the company's variable annuity business and associated long-term financial commitments.