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HORACE MANN EDUCATORS CORP /DE/ HMN

NYSE · stock · Fire, Marine & Casualty Insurance · website · IPO 1991-11-15

HORACE MANN EDUCATORS CORP /DE/ statistics & valuation

Market cap$2.1B
P / E12.9×
P / S1.2×
P / B1.4×
Dividend yield2.74%
Net margin9.5%
Return on equity10.9%
Net debt$565.9M
Enterprise value USD$2.6B
Graham number +8.5%$55.92

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($55.92); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.40% 14.50% 1.50% 12.90% 10.20% 12.80% 1.40% 3.00% 6.40% 9.50% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
6.50% 11.30% 1.40% 11.80% 7.40% 11.40% 1.80% 3.80% 8.00% 10.90% 2016201720182019202020212022202320242025
Shares outstanding
41.5M 41.6M 41.9M 41.9M 42.0M 42.2M 41.8M 41.4M 41.5M 41.6M 2016201720182019202020212022202320242025
Net debt ($)
$247.2M $297.5M $297.7M $298.0M $302.3M $253.6M $249.0M $546.0M $508.9M $565.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.80% 1.50% 0.20% 1.50% 1.00% 1.20% 0.10% 0.30% 0.70% 1.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.19× 0.20× 0.23× 0.19× 0.17× 0.17× 0.23× 0.46× 0.42× 0.40× 2016201720182019202020212022202320242025
EPS ($)
$2.02 $4.08 $0.44 $4.40 $3.17 $4.04 $0.47 $1.09 $2.48 $3.90 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

HORACE MANN EDUCATORS CORP /DE/ trades at about 13.2× earnings — below its 10-year norm (10-year range 9.4×–94.7×, median 15.6×).

9.4× 94.7×

Shaded band = 10-year range (9.4×–94.7×); dot = today's 13.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin9.5%6.4%3.0%1.4%12.8%10.2%12.9%1.5%14.5%7.4%
Return on assets1.1%0.7%0.3%0.1%1.2%1.0%1.5%0.2%1.5%0.8%
Return on equity10.9%8.0%3.8%1.8%11.4%7.4%11.8%1.4%11.3%6.5%
Debt / equity0.40×0.42×0.46×0.23×0.17×0.17×0.19×0.23×0.20×0.19×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.