HMN HORACE MANN EDUCATORS CORP /DE/

FY2025 10-K
Filed: Feb 27, 2026
Financials
Fire, Marine & Casualty InsuranceSEC EDGAR

HORACE MANN EDUCATORS CORP /DE/ (HMN) filed its fiscal year 2025 10-K annual report with the SEC on Feb 27, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Insurance and financial services focused on Property & Casualty, Life & Retirement, Supplemental & Group Benefits for educators
  • New emphasis on growth initiatives, including 37.5% increase in Supplemental & Group Benefits sales to $35.2 million in 2025
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Management Discussion & Analysis

  • Operating cash flow $553.2M, up 22.4% YoY from $452.1M in 2024
  • Total capital $2,076.1M with long-term debt $593.4M; debt 28.6% of capital (26.6% excluding unrealized losses)
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Risk Factors

  • AI regulatory risk from evolving AI laws increasing compliance costs and exposure
  • Competitive threat from AI use by new entrants reducing operating costs and accelerating market entry
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Financial Summary
XBRL

Revenue

$1.7B

Net Income

$162M

Net Margin

9.5%

ROE

10.9%

Total Assets

$15.3B

EPS (Diluted)

$3.90

Operating Cash Flow

$553M

Source: XBRL data from HORACE MANN EDUCATORS CORP /DE/ FY2025 10-K filing on SEC EDGAR. All figures in USD.

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