Horace Mann Educators financials
$45.51+1.20%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.70B | $1.60B | $1.49B | $1.38B | $1.33B | $1.31B | $1.43B | $853.6M | $796.6M | $773.0M |
| Gross profit | $865.4M | $739.1M | $621.6M | $546.4M | $648.0M | $641.6M | $736.2M | $853.6M | $796.6M | $773.0M |
| Gross margin | 50.9% | 46.3% | 41.7% | 39.5% | 48.7% | 49.0% | 51.5% | 100.0% | 100.0% | 100.0% |
| Operating income | $237.6M | $163.2M | $83.0M | $35.9M | $224.0M | $174.8M | $252.0M | $457.7M | $334.8M | $369.5M |
| Net income | $162.1M | $102.8M | $45.0M | $19.8M | $170.4M | $133.3M | $184.4M | $246.4M | $146.8M | $150.2M |
| Net margin | 9.5% | 6.4% | 3.0% | 1.4% | 12.8% | 10.2% | 12.9% | 28.9% | 18.4% | 19.4% |
| Diluted EPS | $3.90 | $2.48 | $1.09 | $0.47 | $4.04 | $3.17 | $4.40 | $3.17 | $1.87 | $1.92 |
| EBITDA | $264.7M | $189.6M | $109.2M | $68.3M | $242.4M | $208.2M | $295.6M | $768.6M | $713.9M | $398.1M |
| Operating cash flow | $553.2M | $452.1M | $302.1M | $171.5M | $204.9M | $267.1M | $103.0M | $522.6M | $490.9M | $468.1M |
| Free cash flow | $553.2M | $452.1M | $302.1M | $171.5M | $204.9M | — | — | -$794.9M | -$547.5M | -$863.0M |
| Diluted shares | 41.6M | 41.5M | 41.4M | 41.8M | 42.2M | 42.0M | 41.9M | 77.7M | 78.4M | 78.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $27.5M | $38.1M | $29.7M | $42.8M | $133.7M | $22.3M |
| Short-term investments | $4.16B | $3.71B | $3.29B | $2.79B | $3.44B | $2.89B |
| Total debt | $593.4M | $547.0M | $546.0M | $498.0M | $502.6M | $437.3M |
| Total assets | $15.27B | $14.49B | $14.05B | $13.31B | $14.38B | $13.47B |
| Total liabilities | $13.78B | $13.20B | $12.87B | $12.21B | $12.58B | $11.68B |
| Shareholders' equity | $1.48B | $1.29B | $1.18B | $1.10B | $1.81B | $1.79B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology