Financial Snapshot

Revenue
$1.589B
TTM
Gross Margin
51.5%
TTM
Net Earnings
$104.1M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.287B
Q3 2024
Cash
Q3 2024
P/E
16.03
Nov 14, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Revenue $1.492B $1.383B $1.330B $1.310B $1.431B $1.192B $1.172B $1.129B $1.080B $1.061B $1.031B $1.011B $998.3M $950.9M $911.1M $898.7M $890.4M $875.0M $870.5M $866.2M $828.3M $821.3M $814.5M $791.1M $783.4M $769.5M $741.6M $701.3M $683.8M $657.7M $680.7M $676.6M $653.9M $633.1M
YoY Change 7.88% 3.97% 1.5% -8.4% 20.05% 1.71% 3.78% 4.49% 1.86% 2.85% 2.02% 1.25% 4.98% 4.37% 1.38% 0.93% 1.76% 0.52% 0.5% 4.58% 0.85% 0.83% 2.96% 0.98% 1.81% 3.76% 5.75% 2.56% 3.97% -3.38% 0.61% 3.47% 3.29% 200.19%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Revenue $1.492B $1.383B $1.330B $1.310B $1.431B $1.192B $1.172B $1.129B $1.080B $1.061B $1.031B $1.011B $998.3M $950.9M $911.1M $898.7M $890.4M $875.0M $870.5M $866.2M $828.3M $821.3M $814.5M $791.1M $783.4M $769.5M $741.6M $701.3M $683.8M $657.7M $680.7M $676.6M $653.9M $633.1M
Cost Of Revenue $769.1M $761.6M $617.7M $568.9M $585.1M $637.6M $582.3M $541.0M $496.4M $468.4M $448.3M $448.3M $502.4M
Gross Profit $722.8M $621.3M $712.4M $741.5M $845.4M $554.0M $589.2M $587.9M $584.1M $592.3M $583.0M $562.6M $495.9M
Gross Profit Margin 48.45% 44.93% 53.56% 56.59% 59.1% 46.5% 50.3% 52.08% 54.06% 55.84% 56.53% 55.65% 49.67%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.80M $27.60M $18.40M $23.40M $15.60M $7.357M $6.615M $96.73M $98.92M $93.82M $84.64M $79.52M $200.0K $5.300M $5.400M $6.100M $5.100M $6.000M $5.000M $5.700M $5.800M $8.800M $200.0K $6.900M $10.70M $11.20M $11.70M $12.60M $13.20M $15.00M $15.60M $18.80M
YoY Change -46.38% 50.0% -21.37% 50.0% 112.04% 11.22% -93.16% -2.21% 5.44% 10.84% 6.44% -96.23% -1.85% -11.48% 19.61% -15.0% 20.0% -12.28% -1.72% -34.09% 4300.0% -97.1% -35.51% -4.46% -4.27% -7.14% -4.55% -12.0% -3.85% -17.02% 241.82%
% of Gross Profit 2.05% 4.44% 2.58% 3.16% 1.85% 1.33% 1.12% 16.45% 16.94% 15.84% 14.52% 14.14%
Operating Expenses $1.409B $1.371B $1.141B $1.126B $234.6M $205.4M $187.8M $173.1M $157.4M $162.0M $160.1M $156.1M $148.6M $850.6M $819.9M $820.1M $755.9M $732.4M $777.3M $801.8M $828.6M $747.6M $759.6M $751.3M $670.7M $653.2M $617.9M $591.3M $576.0M $561.1M $584.9M $592.5M $567.8M $572.1M
YoY Change 2.79% 20.09% 1.39% 379.78% 14.21% 9.39% 8.48% 9.97% -2.83% 1.17% 2.6% 4.99% -82.53% 3.74% -0.02% 8.49% 3.21% -5.78% -3.06% -3.23% 10.83% -1.58% 1.1% 12.02% 2.68% 5.71% 4.5% 2.66% 2.66% -4.07% -1.28% 4.35% -0.75% 191.59%
Operating Profit -$686.1M -$749.3M -$428.9M -$384.1M $610.8M $348.6M $401.5M $414.8M $426.7M $430.3M $422.8M $406.5M $347.2M
YoY Change -8.43% 74.7% 11.66% -162.89% 75.2% -13.16% -3.22% -2.78% -0.84% 1.76% 4.02% 17.07%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Interest Expense -$29.70M $19.40M $13.90M $15.20M $15.60M $13.00M $11.95M $11.81M $13.12M $14.20M $14.24M $14.25M $14.01M -$14.00M -$14.00M -$14.50M -$14.10M -$13.10M -$8.900M -$6.800M -$6.300M -$8.500M -$9.300M -$10.20M -$9.700M -$9.500M -$9.400M -$10.50M -$11.60M -$9.500M -$9.200M -$18.30M -$52.40M -$54.30M
YoY Change -253.09% 39.57% -8.55% -2.56% 19.99% 8.81% 1.19% -10.01% -7.58% -0.27% -0.09% 1.73% -200.05% 0.0% -3.45% 2.84% 7.63% 47.19% 30.88% 7.94% -25.88% -8.6% -8.82% 5.15% 2.11% 1.06% -10.48% -9.48% 22.11% 3.26% -49.73% -65.08% -3.5% 182.81%
% of Operating Profit 2.55% 3.73% 2.98% 2.85% 3.08% 3.3% 3.37% 3.51% 4.03%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Pretax Income $53.30M -$11.90M $174.9M $159.6M $236.4M $19.54M $88.69M $114.2M $129.5M $146.1M $154.1M $149.2M $94.92M $110.2M $103.5M $200.0K $117.1M $140.3M $94.00M $69.80M $19.20M $7.700M $28.30M $9.700M $93.40M $116.8M $119.6M $100.6M $103.6M $86.20M $113.5M $93.40M $36.90M $2.700M
YoY Change -547.9% -106.8% 9.59% -32.49% 1110.01% -77.97% -22.36% -11.76% -11.4% -5.16% 3.28% 57.16% -13.87% 6.47% 51650.0% -99.83% -16.54% 49.26% 34.67% 263.54% 149.35% -72.79% 191.75% -89.61% -20.03% -2.34% 18.89% -2.9% 20.19% -24.05% 21.52% 153.12% 1266.67% -196.43%
Income Tax $8.300M -$9.300M $32.10M $26.30M $52.00M $1.194M -$80.77M $30.47M $35.97M $41.87M $43.17M $45.31M $24.40M $30.00M $30.00M -$10.70M $34.30M $41.60M $16.80M $13.40M $200.0K -$3.700M $2.800M -$11.10M $48.80M $31.50M $32.60M $26.80M $28.50M $21.60M $36.30M $21.60M $12.10M $600.0K
% Of Pretax Income 15.57% 18.35% 16.48% 22.0% 6.11% -91.08% 26.67% 27.79% 28.66% 28.02% 30.37% 25.71% 27.22% 28.99% -5350.0% 29.29% 29.65% 17.87% 19.2% 1.04% -48.05% 9.89% -114.43% 52.25% 26.97% 27.26% 26.64% 27.51% 25.06% 31.98% 23.13% 32.79% 22.22%
Net Earnings $45.00M -$2.600M $142.8M $133.3M $184.4M $18.34M $169.5M $83.77M $93.48M $104.2M $110.9M $103.9M $70.51M $80.10M $73.50M $10.90M $82.80M $98.70M $77.30M $56.30M $19.00M $11.30M $25.60M $20.80M $44.50M $85.30M $83.60M $64.60M $73.90M $62.90M $77.20M $58.20M -$17.00M $2.100M
YoY Change -1830.77% -101.82% 7.13% -27.71% 905.29% -89.18% 102.3% -10.39% -10.32% -6.0% 6.77% 47.32% -11.98% 8.98% 574.31% -86.84% -16.11% 27.68% 37.3% 196.32% 68.14% -55.86% 23.08% -53.26% -47.83% 2.03% 29.41% -12.58% 17.49% -18.52% 32.65% -442.35% -909.52% -172.41%
Net Earnings / Revenue 3.02% -0.19% 10.74% 10.17% 12.89% 1.54% 14.46% 7.42% 8.65% 9.83% 10.75% 10.28% 7.06% 8.42% 8.07% 1.21% 9.3% 11.28% 8.88% 6.5% 2.29% 1.38% 3.14% 2.63% 5.68% 11.09% 11.27% 9.21% 10.81% 9.56% 11.34% 8.6% -2.6% 0.33%
Basic Earnings Per Share $1.09 -$0.06 $3.40 $3.18 $4.42 $0.44 $4.10 $2.04 $2.23 $2.50 $2.75 $2.63 $1.77
Diluted Earnings Per Share $1.09 -$0.06 $3.39 $3.17 $4.40 $0.44 $4.08 $2.02 $2.20 $2.47 $2.66 $2.51 $1.70 $1.954M $1.815M $268.5K $1.857M $2.155M $1.614M $1.190M $442.9K $274.3K $625.9K $507.3K $1.067M $1.947M $1.798M $1.357M $1.315M $979.8K $1.201M $1.005M -$536.3K $75.54K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $68.60M $80.90M $75.00M $77.00M $77.00M $41.00M $39.00M $32.00M $26.00M $31.00M $35.00M $37.00M $40.00M $42.00M $46.00M $46.00M $38.00M $33.00M $23.00M $22.00M $26.00M $30.00M $30.00M $30.00M $30.00M $28.00M $25.00M $24.00M $24.00M
YoY Change -15.2% 7.87% -2.6% 0.0% 87.8% 5.13% 21.88% 23.08% -16.13% -11.43% -5.41% -7.5% -4.76% -8.7% 0.0% 21.05% 15.15% 43.48% 4.55% -15.38% -13.33% 0.0% 0.0% 0.0% 7.14% 12.0% 4.17% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.831B $6.588B $7.450B $7.262B $6.639B $8.251B $8.352B $7.999B $7.648B $7.403B $6.539B $6.292B $5.678B $5.074B $4.575B $3.902B $4.180B $4.302B $3.996B $3.657B $3.386B $3.131B $2.976B $2.912B $2.630B $2.841B $2.769B $2.784B $2.799B $2.533B $2.494B $2.360B $2.193B $2.062B
YoY Change 3.69% -11.57% 2.58% 9.38% -19.54% -1.21% 4.41% 4.59% 3.31% 13.21% 3.93% 10.81% 11.9% 10.91% 17.25% -6.65% -2.84% 7.66% 9.27% 8.0% 8.14% 5.21% 2.2% 10.72% -7.43% 2.6% -0.54% -0.54% 10.5% 1.56% 5.68% 7.62% 6.35%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets $14.05B $13.45B $14.38B $13.47B $12.48B $11.03B $11.20B $10.58B $10.06B $9.769B $8.827B $8.168B $7.435B $6.996B $6.343B $5.508B $6.259B $6.330B $5.841B $5.372B $4.953B $4.512B $4.489B $4.421B $4.254B $4.395B $4.132B $3.861B $3.662B $3.286B $3.148B $2.909B $2.712B $2.538B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $12.20M $10.00M $14.00M $17.00M
YoY Change 22.0% -28.57% -17.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $38.00M $38.00M $38.00M $38.00M $38.00M $38.00M $38.00M $0.00 $0.00 $0.00 $25.00M $25.00M $0.00 $53.00M $49.00M $49.00M $50.00M $42.00M $34.00M $75.00M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -100.0% 0.0% -100.0% 8.16% 0.0% -2.0% 19.05% 23.53% -54.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.20M $10.00M $14.00M $17.00M $38.00M $38.00M $38.00M $38.00M $38.00M $38.00M $38.00M $25.00M $25.00M $53.00M $49.00M $49.00M $50.00M $42.00M $34.00M $75.00M
YoY Change 22.0% -28.57% -17.65% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 8.16% 0.0% -2.0% 19.05% 23.53% -54.67%
Long-Term Debt $546.0M $498.0M $502.6M $437.0M $433.0M $298.0M $297.0M $247.0M $247.0M $200.0M $200.0M $200.0M $200.0M $200.0M $200.0M $200.0M $199.0M $232.0M $191.0M $145.0M $145.0M $145.0M $100.0M $100.0M $100.0M $100.0M $100.0M $100.0M $100.0M $100.0M $112.0M $129.0M $144.0M $364.0M
YoY Change 9.64% -0.92% 15.01% 0.92% 45.3% 0.34% 20.24% 0.0% 23.5% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.5% -14.22% 21.47% 31.72% 0.0% 0.0% 45.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -10.71% -13.18% -10.42% -60.44%
Other Long-Term Liabilities $287.1M $284.8M $418.2M $440.0M $367.0M $290.0M $341.0M $379.0M $369.0M $422.0M $366.0M $446.0M $353.0M $321.0M $248.0M $165.0M $283.0M $502.0M $417.0M $218.0M $217.0M $232.0M $270.0M $324.0M $111.0M $197.0M $127.0M $129.0M $134.0M $102.0M $84.00M $85.00M $87.00M $110.0M
YoY Change 0.81% -31.9% -4.95% 19.89% 26.55% -14.96% -10.03% 2.71% -12.56% 15.3% -17.94% 26.35% 9.97% 29.44% 50.3% -41.7% -43.63% 20.38% 91.28% 0.46% -6.47% -14.07% -16.67% 191.89% -43.65% 55.12% -1.55% -3.73% 31.37% 21.43% -1.18% -2.3% -20.91%
Total Long-Term Liabilities $833.1M $782.8M $920.8M $877.0M $800.0M $588.0M $638.0M $626.0M $616.0M $622.0M $566.0M $646.0M $553.0M $521.0M $448.0M $365.0M $482.0M $734.0M $608.0M $363.0M $362.0M $377.0M $370.0M $424.0M $211.0M $297.0M $227.0M $229.0M $234.0M $202.0M $196.0M $214.0M $231.0M $474.0M
YoY Change 6.43% -14.99% 4.99% 9.63% 36.05% -7.84% 1.92% 1.62% -0.96% 9.89% -12.38% 16.82% 6.14% 16.29% 22.74% -24.27% -34.33% 20.72% 67.49% 0.28% -3.98% 1.89% -12.74% 100.95% -28.96% 30.84% -0.87% -2.14% 15.84% 3.06% -8.41% -7.36% -51.27%
Total Liabilities $12.87B $12.36B $12.58B $11.68B $10.91B $9.741B $9.697B $9.283B $8.792B $8.432B $7.727B $6.922B $6.380B $6.116B $5.624B $5.059B $5.566B $5.673B $5.260B $4.796B $4.423B $3.983B $4.030B $3.993B $3.854B $3.899B $3.625B $3.376B $3.192B $2.873B $2.717B $2.552B $2.407B $2.464B
YoY Change 4.18% -1.73% 7.66% 7.07% 12.01% 0.45% 4.46% 5.58% 4.27% 9.12% 11.63% 8.5% 4.32% 8.75% 11.17% -9.11% -1.89% 7.85% 9.67% 8.43% 11.05% -1.17% 0.93% 3.61% -1.15% 7.56% 7.38% 5.76% 11.1% 5.74% 6.47% 6.02% -2.31%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.6686 Billion

About Horace Mann Educators Corp

Horace Mann Educators Corp. is an insurance holding company, which engages in the provision of insurance and retirement solutions to educators and school employees. The company is headquartered in Springfield, Illinois and currently employs 1,700 full-time employees. The firm's segments include Property & Casualty, Life & Retirement, Supplemental & Group Benefits, and Corporate & Other. The Property & Casualty segment's primary insurance products include private passenger auto insurance, residential home insurance, and personal umbrella insurance. The Life & Retirement segment markets 403(b) tax-qualified fixed, fixed indexed and variable annuities; the Horace Mann Retirement Advantage open architecture platform for 403(b)(7) and other defined contribution plans, and traditional term and whole life insurance products and indexed universal life (IUL) products. The Supplemental & Group Benefits segment offers employer-sponsored products including accident, critical illness, short-term disability and long-term disability, as well as worksite direct products including supplemental heart and supplemental cancer.

Industry: Fire, Marine & Casualty Insurance Peers: American International Group Inc Assurant Inc Atlantic American Corp Hartford Financial Services Group Inc