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HORACE MANN EDUCATORS CORP DE (HMN)

For the quarter ending 2025-06-30, HMN made $417,000K in revenue. $34,700K in net income. Net profit margin of 8.32%.

Overview

Revenue
$417,000K
Net Income
$34,700K
Net Profit Margin
8.32%
EPS
$0.71
Unit: Thousand (K) dollars
Revenue Breakdown
    • Total revenues
    • Change in net unrealized investm...
    • Change in net reserve remeasurem...

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
2024-06-30
Net investment income- 69,400 72,000
Investment expenses- 4,000 3,200
Intent-to-sell impairments- 200 -
Credit loss impairments- 500 -900
Total impairments- 700 -900
Change in fair value and gains (losses) realized on settlements - derivatives- -800 -1,500
Sales and other, net- 100 -3,200
Change in fair value - equity securities- 5,200 -2,100
Total revenues411,700 412,100 388,100
Benefits, claims and settlement expenses (reserve remeasurement (gains)/losses, (2.4) (0.5) (0.3) (0.3))183,500 191,300 207,300
Interest expense8,600 8,700 8,700
Interest credited52,700 54,800 53,800
Dac amortization expense29,900 28,100 27,000
Intangible asset amortization expense3,600 3,600 3,700
Operating expenses96,900 82,900 83,000
Total benefits, losses and expenses375,200 369,400 383,500
Income before income taxes36,500 42,700 4,600
Income tax expense7,100 8,400 800
Net income29,400 34,300 3,800
Change in net funded status of benefit plans- - -
Change in net unrealized investment losses on fixed maturity securities4,600 133,200 -22,400
Change in net reserve remeasurements attributable to discount rates700 -73,500 32,000
Other comprehensive income5,300 59,700 9,600
Comprehensive income34,700 94,000 13,400
Basic (in shares)41,300,000 41,200,000 41,400,000
Basic (in usd per share)0.71 0.83 0.09
Diluted (in shares)41,600,000 41,400,000 41,600,000
Diluted (in usd per share)0.71 0.83 0.09
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net investmentincome-Short Term And Other...$5,200K Net investmentincome-Equity Method...$23,200K Net investmentincome-Equity Securities$1,000K Net investmentincome-Fixed Maturities$59,400K Net premiums andcontract charges earned,...$6,000K Net premiums andcontract charges earned,...$311,900K Deposit Asset OnReinsurance$25,100K Investment Portfolio$85,700K Investment expenses-$3,100K Net premiums andcontract charges earned$302,600K (7.73%↑ Y/Y)Net investmentincome$110,800K (2.21%↑ Y/Y)Net premiums andcontract charges earned,...$15,300K Other income$4,200K (-10.64%↓ Y/Y)Total revenues$411,700K (6.08%↑ Y/Y)Net investmentgains (losses)-$5,900K (0.00%↑ Y/Y)Income before incometaxes$36,500K (693.48%↑ Y/Y)Change in net reserveremeasurements attributable to...$700K (-97.81%↓ Y/Y)Change in netunrealized investment...$4,600K (120.54%↑ Y/Y)Total benefits,losses and expenses$375,200K (-2.16%↓ Y/Y)Short Term And OtherInvestments-$1,100K Equity Securities-$700K Fixed Maturities-$4,100K Net income$29,400K (673.68%↑ Y/Y)Other comprehensiveincome$5,300K (-44.79%↓ Y/Y)Income tax expense$7,100K (787.50%↑ Y/Y)Operating expenses$96,900K (16.75%↑ Y/Y)Intangible assetamortization expense$3,600K (-2.70%↓ Y/Y)Dac amortizationexpense$29,900K (10.74%↑ Y/Y)Interest credited$52,700K (-2.04%↓ Y/Y)Interest expense$8,600K (-1.15%↓ Y/Y)Benefits, claims andsettlement expenses...$183,500K (-11.48%↓ Y/Y)Comprehensive income$34,700K (158.96%↑ Y/Y)