Horace Mann Educators Corporation (HMN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 429.3M | 419.2M | 417.1M | 391.6M | 400.1M | 393.1M | 397.6M | 379M | 379.8M | 384.4M | 358.2M | 341.2M | 349.5M | 337.6M | 337.5M | 332.7M | 333.7M | 303.5M | 312.8M | 347.1M |
| Revenue Growth % | 7.3% | 6.64% | 4.9% | 3.32% | 5.34% | 2.26% | 11% | 11.08% | 8.67% | 13.86% | 6.13% | 2.55% | 4.73% | 11.24% | 7.9% | -4.15% | 7.4% | -9.76% | -4.05% | 9.01% |
| Medical Costs & Claims | 0 | 263M | 258.2M | 266.1M | 265.6M | 253.5M | 274.2M | 288.1M | 256.2M | 260.9M | 278.2M | 281.3M | 255.6M | 273.9M | 234.1M | 266.3M | 236.9M | 206.4M | 239.6M | 221.8M |
| Medical Cost Ratio % | 0% | 62.74% | 61.9% | 67.95% | 66.38% | 64.49% | 68.96% | 76.02% | 67.46% | 67.87% | 77.67% | 82.44% | 73.13% | 81.13% | 69.36% | 80.04% | 70.99% | 68.01% | 76.6% | 63.9% |
| Gross Profit | 429.3M | 156.2M | 158.9M | 125.5M | 134.5M | 139.6M | 123.4M | 90.9M | 123.6M | 123.5M | 80M | 59.9M | 93.9M | 63.7M | 103.4M | 66.4M | 96.8M | 97.1M | 73.2M | 125.3M |
| Gross Margin % | 100% | 37.26% | 38.1% | 32.05% | 33.62% | 35.51% | 31.04% | 23.98% | 32.54% | 32.13% | 22.33% | 17.56% | 26.87% | 18.87% | 30.64% | 19.96% | 29.01% | 31.99% | 23.4% | 36.1% |
| Gross Profit Growth % | 219.18% | 11.89% | 28.77% | 38.06% | 8.82% | 13.04% | 54.25% | 51.75% | 31.63% | 93.88% | -22.63% | -9.79% | -3% | -34.4% | 41.26% | -47.01% | -4.82% | -21.83% | -25.99% | 20.13% |
| Operating Expenses | 429.3M | 110.5M | 87.4M | 89M | 87M | 91.3M | 80.7M | 86.3M | 90.6M | 76.3M | 66.4M | 75.5M | 85.8M | 91.9M | 80M | 72.4M | 71.8M | 47.5M | 54.2M | 67.2M |
| OpEx / Revenue % | 100% | 26.36% | 20.95% | 22.73% | 21.74% | 23.23% | 20.3% | 22.77% | 23.85% | 19.85% | 18.54% | 22.13% | 24.55% | 27.22% | 23.7% | 21.76% | 21.52% | 15.65% | 17.33% | 19.36% |
| Depreciation & Amortization | 0 | 6.7M | 6.8M | 6.6M | 7M | 7M | 6.4M | 6.4M | 6.6M | 6.7M | 6.6M | 6.3M | 6.6M | 6.9M | 12.8M | 4.1M | 3.8M | 1.7M | 5.6M | 5.6M |
| Combined Ratio % | 100% | 89.1% | 82.86% | 90.68% | 88.13% | 87.71% | 89.26% | 98.79% | 91.31% | 87.72% | 96.2% | 104.57% | 97.68% | 108.35% | 93.07% | 101.8% | 92.51% | 83.66% | 93.93% | 83.26% |
| Operating Income | 0 | 45.7M | 71.5M | 36.5M | 47.5M | 48.3M | 42.7M | 4.6M | 33M | 47.2M | 13.6M | -15.6M | 8.1M | -28.2M | 23.4M | -6M | 25M | 49.6M | 19M | 58.1M |
| Operating Margin % | 0% | 10.9% | 17.14% | 9.32% | 11.87% | 12.29% | 10.74% | 1.21% | 8.69% | 12.28% | 3.8% | -4.57% | 2.32% | -8.35% | 6.93% | -1.8% | 7.49% | 16.34% | 6.07% | 16.74% |
| Operating Income Growth % | -100% | -5.38% | 67.45% | 693.48% | 43.94% | 2.33% | 213.97% | 129.49% | 307.41% | 267.38% | -41.88% | -160% | -67.6% | -156.85% | 23.16% | -110.33% | -48.13% | -15.3% | -57.87% | 55.35% |
| EBITDA | 0 | 52.4M | 78.3M | 43.1M | 54.5M | 55.3M | 49.1M | 11M | 39.6M | 53.9M | 20.2M | -9.3M | 14.7M | -21.3M | 36.2M | -1.9M | 28.8M | 51.3M | 24.6M | 63.7M |
| EBITDA Margin % | 0% | 12.5% | 18.77% | 11.01% | 13.62% | 14.07% | 12.35% | 2.9% | 10.43% | 14.02% | 5.64% | -2.73% | 4.21% | -6.31% | 10.73% | -0.57% | 8.63% | 16.9% | 7.86% | 18.35% |
| Interest Expense | 0 | 10M | 8.9M | 8.6M | 8.9M | 8.5M | 8.7M | 8.7M | 8.7M | 8.6M | 7.5M | 6.9M | 6.7M | 5.9M | 5.3M | 4.3M | 3.9M | 3.5M | 3.4M | 3.5M |
| Non-Operating Income | 0 | -10M | -8.9M | -8.6M | -8.9M | -8.5M | -8.7M | -8.7M | -8.7M | -8.6M | -7.5M | -6.9M | -6.7M | -5.9M | -5.3M | -4.3M | -3.9M | -3.5M | -3.4M | -3.5M |
| Pretax Income | 50.2M | 45.7M | 71.5M | 36.5M | 47.5M | 48.3M | 42.7M | 4.6M | 33M | 47.2M | 13.6M | -15.6M | 8.1M | -28.2M | 23.4M | -6M | 25M | 49.6M | 19M | 58.1M |
| Pretax Margin % | 11.69% | 10.9% | 17.14% | 9.32% | 11.87% | 12.29% | 10.74% | 1.21% | 8.69% | 12.28% | 3.8% | -4.57% | 2.32% | -8.35% | 6.93% | -1.8% | 7.49% | 16.34% | 6.07% | 16.74% |
| Income Tax | 9M | 9.5M | 13.2M | 7.1M | 9.3M | 10.1M | 8.4M | 800K | 6.5M | 7.7M | 1.9M | -2.8M | 1.5M | -9.7M | 3M | -1.8M | 4.7M | 9.1M | 2.7M | 11.4M |
| Effective Tax Rate % | 17.93% | 20.79% | 18.46% | 19.45% | 19.58% | 20.91% | 19.67% | 17.39% | 19.7% | 16.31% | 13.97% | 17.95% | 18.52% | 34.4% | 12.82% | 30% | 18.8% | 18.35% | 14.21% | 19.62% |
| Net Income | 41.2M | 36.2M | 58.3M | 29.4M | 38.2M | 38.2M | 34.3M | 3.8M | 26.5M | 39.5M | 11.7M | -12.8M | 6.6M | -18.5M | 20.4M | -4.2M | 20.3M | 40.5M | 16.3M | 46.7M |
| Net Margin % | 9.6% | 8.64% | 13.98% | 7.51% | 9.55% | 9.72% | 8.63% | 1% | 6.98% | 10.28% | 3.27% | -3.75% | 1.89% | -5.48% | 6.04% | -1.26% | 6.08% | 13.34% | 5.21% | 13.45% |
| Net Income Growth % | 7.85% | -5.24% | 69.97% | 673.68% | 44.15% | -3.29% | 193.16% | 129.69% | 301.52% | 313.51% | -42.65% | -204.76% | -67.49% | -145.68% | 25.15% | -108.99% | -48.35% | -15.26% | -55.34% | 53.11% |
| EPS (Diluted) | 1.00 | 0.87 | 1.40 | 0.71 | 0.92 | 0.92 | 0.83 | 0.09 | 0.64 | 0.95 | 0.28 | -0.31 | 0.16 | -0.40 | 0.33 | -0.30 | 0.35 | 0.96 | 0.39 | 1.13 |
| EPS Growth % | 8.7% | -5.43% | 68.67% | 688.89% | 43.75% | -3.16% | 196.43% | 129.03% | 300% | 337.5% | -15.15% | -3.33% | -54.29% | -141.67% | -15.38% | -126.55% | -63.16% | -16.52% | -55.68% | 54.79% |
| EPS (Basic) | 1.00 | 0.87 | 1.42 | 0.71 | 0.93 | 0.92 | 0.83 | 0.09 | 0.64 | 0.96 | 0.29 | -0.31 | 0.16 | -0.40 | 0.34 | -0.30 | 0.35 | 0.98 | 0.39 | 1.13 |
| Diluted Shares Outstanding | 41.2M | 41.6M | 41.6M | 41.6M | 41.6M | 41.5M | 41.4M | 41.6M | 41.5M | 41.5M | 41.4M | 41.4M | 41.4M | 41.6M | 41.6M | 41.8M | 42.1M | 42.2M | 42.2M | 42.1M |