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HM

Horace Mann Educators Corporation

HMNFinancial ServicesNASDAQ

Insurance - Property & Casualty · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$1.62B
+4.8% YoY
Net Income
$162.1M
+57.7% YoY
Free Cash Flow
$275.6M

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About Horace Mann Educators Corporation

Headquartered within the financial services sector, Horace Mann Educators Corporation focuses on Insurance - Property & Casualty services and products. Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. With a market capitalization of $1.86B, it sits in small-cap territory. It operates through three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments.

Key stats
Market Cap$1.86B
P/E (TTM)11.58
Fwd P/E9.08
EPS$3.98
Beta0.13
52W Change+7.1%
Dividend Yield3.13%
ROE11.7%
Analysis

The company holds $96.3M in cash, though total debt stands at $593.8M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $275.6M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 11.7% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.0% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.34B (2022) to $1.62B (2025), reflecting a 21% increase over the period.

The relatively low beta of 0.12 suggests HMN is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Horace Mann Educators Corporation and its sector.

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