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Horace Mann Educators HMN Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

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$8.95B-3.7%
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$21.57B+2.8%
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$2.33B-5.8%
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$675.8M+2.4%
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The Hartford Financial Services GroupHIG
$1.46B+7.5%
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$2.51B+10.2%

Segments

By product

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Term Life$35.9M+3.2%
Limited-Pay Whole Life$8.4M+3.7%
Experience life$5M-7.4%

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:DeferredPolicyAcquisitionCosts.

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
Line itemJune 30, 2026December 31, 2025
Other investments116.799.0
Total investments7,346.17,304.6
Cash46.227.5
Deferred policy acquisition costs358.2358.2
Reinsurance balances receivable409.2419.0
Deposit asset on reinsurance2,345.42,369.6
Intangible assets134.4141.5
Goodwill54.354.3

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's deferred policy acquisition costs?
Horace Mann Educators (HMN) reported deferred policy acquisition costs of $358.2M in Q2 2026.
How has Horace Mann Educators's deferred policy acquisition costs changed year-over-year?
Horace Mann Educators's deferred policy acquisition costs increased by 1.9% year-over-year, from $351.4M to $358.2M.
What is the long-term trend for Horace Mann Educators's deferred policy acquisition costs?
Over 5 years (2020 to 2025), Horace Mann Educators's deferred policy acquisition costs has grown at a 9.3% compound annual growth rate (CAGR), from $229.8M to $358.2M.
What does deferred policy acquisition costs mean?
These are incremental costs directly related to the successful acquisition of new or renewed insurance contracts, such as commissions and underwriting expenses. These costs are capitalized and amortized over the expected life of the policies to match expenses with related revenue. A rising balance often indicates aggressive growth in new business production.

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