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Horace Mann Educators HMN Whole Life — Expected future benefits and expenses, discounted

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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 hmn:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitDiscountedBeforeReinsurance.

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)As of June 30, 2026 / UndiscountedAs of June 30, 2026 / DiscountedAs of December 31, 2025 / UndiscountedAs of December 31, 2025 / Discounted
Whole life
Expected future gross premiums$548.0$345.8$547.3$364.1
Expected future benefits and expenses1,349.3616.41,340.4631.9
Term life
Expected future gross premiums700.1454.8692.2456.7
Expected future benefits and expenses751.5437.3735.9429.8
Experience Life
Expected future gross premiums434.4246.7453.1256.3

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's whole life — expected future benefits and expenses, discounted?
Horace Mann Educators (HMN) reported whole life — expected future benefits and expenses, discounted of $616.4M in Q2 2026.
How has Horace Mann Educators's whole life — expected future benefits and expenses, discounted changed year-over-year?
Horace Mann Educators's whole life — expected future benefits and expenses, discounted decreased by 0.9% year-over-year, from $622.1M to $616.4M.
What is the long-term trend for Horace Mann Educators's whole life — expected future benefits and expenses, discounted?
Over 2 years (2023 to 2025), Horace Mann Educators's whole life — expected future benefits and expenses, discounted has grown at a 3.0% compound annual growth rate (CAGR), from $2.36B to $2.5B.
What does whole life — expected future benefits and expenses, discounted mean?
Represents the present value of future benefit payments and expenses for the whole life insurance portfolio, adjusted for the time value of money. This metric is a critical component of the liability for future policy benefits and reflects the current economic burden of the segment's obligations. It is used by investors to gauge the adequacy of reserves and the overall financial health of the insurance product.

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