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Horace Mann Educators HMN Whole Life — Effect of changes in discount rate assumptions

Other product segments

Term Life
-$17.1M+20.1%
Limited-Pay Whole Life
-$1.9M+13.6%
Experience life
$1.4M-22.2%
SPIA (life contingent)
$0

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AMPTerm and Whole Life Insurance — Effect of changes in discount rate assumptions
-$39M-30.0%
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KMPRTerm Life Insurance — Effect of Changes in Discount Rate Assumptions
-$22.6M+15.7%
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METWhole and Term Life & Endowments — Effect of changes in discount rate assumptions
-$1.94B-8,709%
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CINFWhole Life Insurance — Current discount rate
5.8%+0.2pp
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CINFTerm Life Insurance — Effect of changes in discount rate assumptions
-$117M-7.3%

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

See full
Net margin9.6%+2.6pp

Returns & leverage

See full
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:AociLiabilityForFuturePolicyBenefitExpectedNetPremiumBeforeTax.

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 whole life — effect of changes in discount rate assumptions?
Horace Mann Educators (HMN) reported whole life — effect of changes in discount rate assumptions of -$30.2M in Q1 2026.
How has Horace Mann Educators's whole life — effect of changes in discount rate assumptions changed year-over-year?
Horace Mann Educators's whole life — effect of changes in discount rate assumptions increased by 2.6% year-over-year, from -$31M to -$30.2M.
What is the long-term trend for Horace Mann Educators's whole life — effect of changes in discount rate assumptions?
Over 2 years (2023 to 2025), Horace Mann Educators's whole life — effect of changes in discount rate assumptions has grown at a 0.3% compound annual growth rate (CAGR), from -$119.5M to -$120.3M.
What does whole life — effect of changes in discount rate assumptions mean?
This metric isolates the financial impact of updating the discount rate used to calculate the present value of future policy benefits. Because life insurance liabilities are highly sensitive to interest rates, this figure quantifies the volatility introduced by market fluctuations. It is a key indicator of how sensitive the company's balance sheet is to the broader interest rate environment.