Horace Financial Statements From 2010 to 2024

HMN Stock  USD 41.87  0.03  0.07%   
Horace Mann financial statements provide useful quarterly and yearly information to potential Horace Mann Educators investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Horace Mann financial statements helps investors assess Horace Mann's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Horace Mann's valuation are summarized below:
Gross Profit
345 M
Profit Margin
0.0655
Market Capitalization
1.7 B
Enterprise Value Revenue
1.436
Revenue
1.6 B
We have found one hundred twenty available fundamental trends for Horace Mann Educators, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Horace Mann's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 1st of December 2024, Market Cap is likely to drop to about 946.9 M. In addition to that, Enterprise Value is likely to drop to about 1.1 B

Horace Mann Total Revenue

1.04 Billion

Check Horace Mann financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horace Mann's main balance sheet or income statement drivers, such as Interest Expense of 49.8 M, Selling General Administrative of 173.5 M or Total Revenue of 1 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0419 or PTB Ratio of 1.58. Horace financial statements analysis is a perfect complement when working with Horace Mann Valuation or Volatility modules.
  
Check out the analysis of Horace Mann Correlation against competitors.

Horace Mann Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.8 B14 B10.3 B
Slightly volatile
Short and Long Term Debt Total309 M546 M433.6 M
Slightly volatile
Total Stockholder Equity905.6 M1.2 B1.2 B
Slightly volatile
Net Debt542.1 M516.3 M334.1 M
Slightly volatile
Common Stock Shares Outstanding36.1 M41.4 M39.3 M
Slightly volatile
Liabilities And Stockholders Equity7.8 B14 B10.3 B
Slightly volatile
Non Current Liabilities Total13.5 B12.9 BB
Slightly volatile
Total Liabilities6.9 B12.9 B9.1 B
Slightly volatile
Intangible Assets134.9 M156.9 M161.3 M
Pretty Stable
Non Current Assets Total11.2 B10.7 B4.9 B
Slightly volatile
Net Receivables386.4 M480.5 M425.1 M
Slightly volatile
Total Current Assets27.6 M29 M1.7 B
Slightly volatile
Cash23.2 M29.7 M26.3 M
Slightly volatile
Cash And Short Term Investments27.6 M29 M5.2 B
Very volatile
Common Stock Total Equity68.4 K115 K70.5 K
Slightly volatile
Common Stock71.3 K115 K70.7 K
Slightly volatile
Short Term Investments496.8 M522.9 M5.2 B
Very volatile
Other Liabilities12.1 B11.5 BB
Slightly volatile
Long Term Debt573.3 M546 M280.9 M
Slightly volatile
Good Will52.6 M62.4 M48.9 M
Slightly volatile
Property Plant Equipment97.7 M93 M54 M
Slightly volatile
Net Tangible Assets1.4 B1.2 B1.3 B
Slightly volatile
Retained Earnings Total Equity1.3 B1.8 B1.2 B
Slightly volatile
Long Term Debt Total297.3 M572.7 M287.5 M
Slightly volatile
Capital Surpluse493.9 M578 M455.6 M
Slightly volatile
Long Term Investments7.9 B6.7 B7.1 B
Slightly volatile
Non Current Liabilities Other9.1 B13.9 B8.8 B
Slightly volatile
Property Plant And Equipment Net52.2 M68.6 M46.4 M
Slightly volatile
Property Plant And Equipment Gross44.7 M74.4 M45.9 M
Slightly volatile
Net Invested Capital2.1 B1.7 B1.9 B
Slightly volatile
Capital Stock91.3 K115 K75.5 K
Slightly volatile

Horace Mann Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense49.8 M29.7 M26.3 M
Pretty Stable
Total RevenueB1.5 B1.2 B
Slightly volatile
Gross ProfitB1.5 B1.2 B
Slightly volatile
Other Operating Expenses856.2 M1.4 BB
Slightly volatile
Operating Income1.1 B1.1 B256 M
Slightly volatile
EBIT78.8 M83 M297 M
Pretty Stable
EBITDA103.7 M109.2 M306.2 M
Pretty Stable
Income Before Tax50.6 M53.3 M128 M
Slightly volatile
Net Income77.6 M45 M92.5 M
Pretty Stable
Depreciation And Amortization13.9 M26.2 M13.9 M
Slightly volatile
Selling And Marketing Expenses57.9 K73.6 K63 K
Slightly volatile
Interest Income15.7 M22.3 M14.5 M
Slightly volatile
Extraordinary Items2.4 M2.5 M54.1 M
Slightly volatile
Reconciled Depreciation20.9 M26.2 M17.1 M
Slightly volatile

Horace Mann Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow44.9 M42.8 M25.7 M
Slightly volatile
Total Cash From Operating Activities181.7 M302.1 M177.1 M
Pretty Stable
End Period Cash Flow31.2 M29.7 M26.3 M
Slightly volatile
Dividends Paid27.9 M53.9 M38.8 M
Slightly volatile
Change To Operating Activities83.2 M67.7 M109.3 M
Slightly volatile
Stock Based CompensationM9.5 M7.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.860.90521.0847
Slightly volatile
Dividend Yield0.04190.03990.0293
Slightly volatile
PTB Ratio1.581.14911.0954
Slightly volatile
Days Sales Outstanding24.1138.9740.0977
Very volatile
Book Value Per Share15.7128.457630.1919
Pretty Stable
Operating Cash Flow Per Share4.597.31485.2067
Pretty Stable
Stock Based Compensation To Revenue0.00470.00640.0053
Slightly volatile
Capex To Depreciation1.411.4921.0425
Slightly volatile
PB Ratio1.581.14911.0954
Slightly volatile
EV To Sales1.051.25131.3589
Slightly volatile
ROIC0.01180.01240.0746
Slightly volatile
Net Income Per Share1.311.08962.2354
Very volatile
Sales General And Administrative To Revenue0.280.160.1784
Pretty Stable
Capex To Revenue0.02820.02970.1371
Slightly volatile
Cash Per Share12.7113.3801129
Very volatile
POCF Ratio4.254.4704517
Very volatile
Interest Coverage0.810.857.481
Slightly volatile
Payout Ratio1.261.19780.7405
Slightly volatile
Capex To Operating Cash Flow0.230.240.8579
Pretty Stable
ROE0.03640.03830.0667
Pretty Stable
EV To Operating Cash Flow5.876.1794614
Very volatile
PE Ratio16.0930.011324.4168
Pretty Stable
Return On Tangible Assets0.00310.00330.0084
Pretty Stable
Earnings Yield0.05550.03330.0706
Slightly volatile
Intangibles To Total Assets0.02120.0150.0145
Pretty Stable
Net Debt To EBITDA4.964.7282.7729
Slightly volatile
Current Ratio22.9721.8812.8233
Slightly volatile
Receivables Turnover15.289.699.7044
Very volatile
Graham Number20.926.413237.7847
Very volatile
Shareholders Equity Per Share15.7128.457630.1919
Pretty Stable
Debt To Equity0.480.46460.5958
Slightly volatile
Capex Per Share0.940.994.1153
Slightly volatile
Revenue Per Share18.8736.123531.2132
Pretty Stable
Interest Debt Per Share9.113.939511.8351
Pretty Stable
Debt To Assets0.0410.03890.0385
Slightly volatile
Enterprise Value Over EBITDA17.1917.095315.3118
Pretty Stable
Short Term Coverage Ratios0.750.795.441
Slightly volatile
Price Earnings Ratio16.0930.011324.4168
Pretty Stable
Price Book Value Ratio1.581.14911.0954
Slightly volatile
Dividend Payout Ratio1.261.19780.7405
Slightly volatile
Price To Operating Cash Flows Ratio4.254.4704517
Very volatile
Pretax Profit Margin0.03390.03570.1248
Slightly volatile
Ebt Per Ebit1.01.041.0364
Pretty Stable
Operating Profit Margin0.01450.01520.1059
Slightly volatile
Company Equity Multiplier10.5111.954310.2929
Pretty Stable
Long Term Debt To Capitalization0.240.31720.2173
Pretty Stable
Total Debt To Capitalization0.280.31720.2481
Pretty Stable
Return On Capital Employed0.00150.00160.0523
Slightly volatile
Debt Equity Ratio0.480.46460.5958
Slightly volatile
Ebit Per Revenue0.01450.01520.1059
Slightly volatile
Quick Ratio25.9924.7513.5753
Slightly volatile
Dividend Paid And Capex Coverage Ratio10.095.60486.0903
Slightly volatile
Net Income Per E B T0.80.84430.8411
Slightly volatile
Cash Ratio0.160.150.0925
Slightly volatile
Operating Cash Flow Sales Ratio0.20.20250.1589
Pretty Stable
Days Of Sales Outstanding24.1138.9740.0977
Very volatile
Cash Flow Coverage Ratios0.880.55330.5672
Pretty Stable
Price To Book Ratio1.581.14911.0954
Slightly volatile
Fixed Asset Turnover30.5521.747827.8982
Slightly volatile
Capital Expenditure Coverage Ratio4.114.327.6854
Slightly volatile
Price Cash Flow Ratio4.254.4704517
Very volatile
Enterprise Value Multiple17.1917.095315.3118
Pretty Stable
Debt Ratio0.0410.03890.0385
Slightly volatile
Cash Flow To Debt Ratio0.880.55330.5672
Pretty Stable
Price Sales Ratio0.860.90521.0847
Slightly volatile
Return On Assets0.0030.00320.0083
Pretty Stable
Asset Turnover0.170.10620.1228
Slightly volatile
Net Profit Margin0.05790.03020.0776
Very volatile
Gross Profit Margin0.790.90.9787
Slightly volatile
Price Fair Value1.581.14911.0954
Slightly volatile
Return On Equity0.03640.03830.0667
Pretty Stable
Operating Cycle47.7149.844.0374
Slightly volatile
Cash Conversion Cycle47.7149.844.0374
Slightly volatile

Horace Mann Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap946.9 M1.5 B1.4 B
Slightly volatile
Enterprise Value1.1 B1.8 B1.6 B
Slightly volatile

Horace Fundamental Market Drivers

Cash And Short Term Investments29 M

Horace Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Horace Mann Financial Statements

Horace Mann investors utilize fundamental indicators, such as revenue or net income, to predict how Horace Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue1.5 BB
Cost Of Revenue816.3 M857.1 M
Sales General And Administrative To Revenue 0.16  0.28 
Capex To Revenue 0.03  0.03 
Revenue Per Share 36.12  18.87 
Ebit Per Revenue 0.02  0.01 

Pair Trading with Horace Mann

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horace Mann position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horace Mann will appreciate offsetting losses from the drop in the long position's value.

Moving together with Horace Stock

  0.8L Loews CorpPairCorr
  0.69FRFHF Fairfax FinancialPairCorr
  0.64AFG American FinancialPairCorr

Moving against Horace Stock

  0.49FACO First Acceptance CorpPairCorr
The ability to find closely correlated positions to Horace Mann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horace Mann when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horace Mann - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horace Mann Educators to buy it.
The correlation of Horace Mann is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horace Mann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horace Mann Educators moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horace Mann can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Horace Mann Educators offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horace Mann's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horace Mann Educators Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horace Mann Educators Stock:
Check out the analysis of Horace Mann Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horace Mann. If investors know Horace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horace Mann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.964
Dividend Share
1.35
Earnings Share
2.52
Revenue Per Share
38.477
Quarterly Revenue Growth
0.088
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.