HMN: Horace Mann Educators Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Horace Mann Educators Corp (HMN).
$1.60B Market Cap.
HMN Market Cap. (MRY)
HMN Shares Outstanding (MRY)
HMN Assets (MRY)
Total Assets
$14.49B
Total Liabilities
$13.20B
Total Investments
$6.92B
HMN Income (MRY)
Revenue
$1.60B
Net Income
$102.80M
Operating Expense
$471.10M
HMN Cash Flow (MRY)
CF Operations
$452.10M
CF Investing
-$135.80M
CF Financing
-$307.90M
HMN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $14,487,800,000 (3.12%) | $14,049,900,000 (5.59%) | $13,306,100,000 (-7.49%) | $14,383,900,000 (6.77%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $210,100,000 (-6.46%) | $224,600,000 (-6.22%) | $239,500,000 (26.79%) | $188,900,000 (-6.49%) |
Shareholders Equity | $1,287,500,000 (9.55%) | $1,175,300,000 (7.01%) | $1,098,300,000 (-39.23%) | $1,807,400,000 (0.97%) |
Property Plant & Equipment Net | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cash & Equivalents | $38,100,000 (28.28%) | $29,700,000 (-30.61%) | $42,800,000 (-67.99%) | $133,700,000 (499.55%) |
Accumulated Other Comprehensive Income | -$364,400,000 (-8.48%) | -$335,900,000 (26.72%) | -$458,400,000 (-263.42%) | $280,500,000 (-21.01%) |
Deferred Revenue | $344,200,000 (14.39%) | $300,900,000 (13.08%) | $266,100,000 (4.31%) | $255,100,000 (-3.55%) |
Total Investments | $6,916,400,000 (1.26%) | $6,830,500,000 (3.69%) | $6,587,600,000 (-11.57%) | $7,449,500,000 (2.58%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $424,800,000 (-11.59%) | $480,500,000 (2.67%) | $468,000,000 (205.48%) | $153,200,000 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $1,548,200,000 (3.06%) | $1,502,200,000 (-0.67%) | $1,512,400,000 (-0.82%) | $1,524,900,000 (6.29%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $547,000,000 (0.18%) | $546,000,000 (9.64%) | $498,000,000 (-0.92%) | $502,600,000 (14.93%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $13,200,300,000 (2.53%) | $12,874,600,000 (5.46%) | $12,207,800,000 (-2.93%) | $12,576,500,000 (7.66%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
HMN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $1,595,200,000 (6.92%) | $1,491,900,000 (7.98%) | $1,381,600,000 (3.93%) | $1,329,300,000 (1.44%) |
Cost of Revenue | $960,900,000 (-1.43%) | $974,800,000 (5.91%) | $920,400,000 (22.61%) | $750,700,000 (-2.95%) |
Selling General & Administrative Expense | $456,600,000 (8.90%) | $419,300,000 (3.86%) | $403,700,000 (18.18%) | $341,600,000 (1.15%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $471,100,000 (8.52%) | $434,100,000 (2.07%) | $425,300,000 (19.94%) | $354,600,000 (-2.07%) |
Interest Expense | $34,600,000 (16.50%) | $29,700,000 (53.09%) | $19,400,000 (39.57%) | $13,900,000 (-8.55%) |
Income Tax Expense | $25,800,000 (210.84%) | $8,300,000 (351.52%) | -$3,300,000 (-108.31%) | $39,700,000 (50.95%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $102,800,000 (128.44%) | $45,000,000 (127.27%) | $19,800,000 (-88.38%) | $170,400,000 (27.83%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $102,800,000 (128.44%) | $45,000,000 (127.27%) | $19,800,000 (-88.38%) | $170,400,000 (27.83%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $102,800,000 (128.44%) | $45,000,000 (127.27%) | $19,800,000 (-88.38%) | $170,400,000 (27.83%) |
Weighted Average Shares | $41,300,000 (0.00%) | $41,300,000 (-0.72%) | $41,600,000 (-0.95%) | $42,000,000 (0.24%) |
Weighted Average Shares Diluted | $41,500,000 (0.24%) | $41,400,000 (-0.96%) | $41,800,000 (-0.95%) | $42,200,000 (0.48%) |
Earning Before Interest & Taxes (EBIT) | $163,200,000 (96.63%) | $83,000,000 (131.20%) | $35,900,000 (-83.97%) | $224,000,000 (28.15%) |
Gross Profit | $634,300,000 (22.66%) | $517,100,000 (12.12%) | $461,200,000 (-20.29%) | $578,600,000 (7.77%) |
Operating Income | $163,200,000 (96.63%) | $83,000,000 (131.20%) | $35,900,000 (-83.97%) | $224,000,000 (28.15%) |
HMN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$135,800,000 (-26.44%) | -$107,400,000 (49.95%) | -$214,600,000 (28.94%) | -$302,000,000 (25.76%) |
Net Cash Flow from Financing | -$307,900,000 (-48.17%) | -$207,800,000 (-334.73%) | -$47,800,000 (-122.93%) | $208,500,000 (44.99%) |
Net Cash Flow from Operations | $452,100,000 (49.65%) | $302,100,000 (76.15%) | $171,500,000 (-16.30%) | $204,900,000 (-21.13%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $8,400,000 (164.12%) | -$13,100,000 (85.59%) | -$90,900,000 (-181.60%) | $111,400,000 (3581.25%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$164,400,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$143,000,000 (-22.64%) | -$116,600,000 (-187.19%) | -$40,600,000 (86.09%) | -$291,800,000 (28.27%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | -$255,500,000 (-19.67%) | -$213,500,000 (-188.90%) | -$73,900,000 (75.09%) | -$296,700,000 (-2725.66%) |
Issuance (Purchase) of Equity Shares | -$3,500,000 (46.15%) | -$6,500,000 (72.92%) | -$24,000,000 (-380.00%) | -$5,000,000 (-2600.00%) |
Payment of Dividends & Other Cash Distributions | -$55,500,000 (-2.97%) | -$53,900,000 (-2.47%) | -$52,600,000 (-2.33%) | -$51,400,000 (-3.63%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $9,900,000 (4.21%) | $9,500,000 (6.74%) | $8,900,000 (5.95%) | $8,400,000 (25.37%) |
Depreciation Amortization & Accretion | $26,400,000 (0.76%) | $26,200,000 (-5.07%) | $27,600,000 (50.00%) | $18,400,000 (-21.37%) |
HMN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 39.80% (14.70%) | 34.70% (3.89%) | 33.40% (-23.22%) | 43.50% (6.10%) |
Profit Margin | 6.40% (113.33%) | 3.00% (114.29%) | 1.40% (-89.06%) | 12.80% (25.49%) |
EBITDA Margin | 11.90% (63.01%) | 7.30% (58.70%) | 4.60% (-74.73%) | 18.20% (20.53%) |
Return on Average Equity (ROAE) | 8.20% (105.00%) | 4.00% (150.00%) | 1.60% (-83.33%) | 9.60% (18.52%) |
Return on Average Assets (ROAA) | 0.70% (133.33%) | 0.30% (200.00%) | 0.10% (-91.67%) | 1.20% (20.00%) |
Return on Sales (ROS) | 10.20% (82.14%) | 5.60% (115.38%) | 2.60% (-84.62%) | 16.90% (27.07%) |
Return on Invested Capital (ROIC) | 1.10% (83.33%) | 0.60% (100.00%) | 0.30% (-81.25%) | 1.60% (14.29%) |
Dividend Yield | 3.50% (-12.50%) | 4.00% (17.65%) | 3.40% (6.25%) | 3.20% (10.34%) |
Price to Earnings Ratio (P/E) | 15.76 (-47.48%) | 30 (-61.47%) | 77.85 (716.76%) | 9.53 (-27.90%) |
Price to Sales Ratio (P/S) | 1.02 (12.27%) | 0.91 (-19.56%) | 1.13 (-8.01%) | 1.22 (-9.00%) |
Price to Book Ratio (P/B) | 1.24 (9.33%) | 1.14 (-18.39%) | 1.39 (56.76%) | 0.89 (-8.74%) |
Debt to Equity Ratio (D/E) | 10.25 (-6.40%) | 10.95 (-1.45%) | 11.12 (59.74%) | 6.96 (6.62%) |
Earnings Per Share (EPS) | 2.49 (128.44%) | 1.09 (127.08%) | 0.48 (-88.18%) | 4.06 (27.67%) |
Sales Per Share (SPS) | 38.63 (6.93%) | 36.12 (8.76%) | 33.21 (4.94%) | 31.65 (1.20%) |
Free Cash Flow Per Share (FCFPS) | 10.95 (49.65%) | 7.32 (77.42%) | 4.12 (-15.49%) | 4.88 (-21.31%) |
Book Value Per Share (BVPS) | 31.17 (9.54%) | 28.46 (7.79%) | 26.4 (-38.65%) | 43.03 (0.73%) |
Tangible Assets Book Value Per Share (TABVPS) | 345.71 (3.27%) | 334.75 (6.57%) | 314.1 (-7.06%) | 337.98 (6.72%) |
Enterprise Value Over EBIT (EV/EBIT) | 13 (-40.91%) | 22 (-60.00%) | 55 (511.11%) | 9 (-25.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.11 (-34.33%) | 16.91 (-46.03%) | 31.34 (288.79%) | 8.06 (-24.38%) |
Asset Turnover | 0.11 (1.83%) | 0.11 (7.92%) | 0.1 (7.45%) | 0.09 (-8.74%) |
Current Ratio | - | - | - | - |
Dividends | $1.36 (3.03%) | $1.32 (3.13%) | $1.28 (3.23%) | $1.24 (3.33%) |
Free Cash Flow (FCF) | $452,100,000 (49.65%) | $302,100,000 (76.15%) | $171,500,000 (-16.30%) | $204,900,000 (-21.13%) |
Enterprise Value (EV) | $2,105,835,908 (14.02%) | $1,846,913,067 (-7.19%) | $1,990,069,284 (1.85%) | $1,953,968,185 (-7.52%) |
Earnings Before Tax (EBT) | $128,600,000 (141.28%) | $53,300,000 (223.03%) | $16,500,000 (-92.15%) | $210,100,000 (31.64%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $189,600,000 (73.63%) | $109,200,000 (71.97%) | $63,500,000 (-73.80%) | $242,400,000 (22.30%) |
Invested Capital | $14,786,600,000 (3.10%) | $14,341,600,000 (6.06%) | $13,521,800,000 (-7.16%) | $14,563,900,000 (6.42%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $14,277,700,000 (3.27%) | $13,825,300,000 (5.81%) | $13,066,600,000 (-7.95%) | $14,195,000,000 (6.97%) |
Market Capitalization | $1,598,935,908 (19.74%) | $1,335,313,067 (-12.63%) | $1,528,369,284 (-4.81%) | $1,605,568,185 (-7.78%) |
Average Equity | $1,248,675,000 (11.80%) | $1,116,925,000 (-10.14%) | $1,242,950,000 (-30.11%) | $1,778,325,000 (7.40%) |
Average Assets | $14,429,950,000 (5.35%) | $13,697,050,000 (-0.03%) | $13,701,525,000 (-3.14%) | $14,146,125,000 (10.91%) |
Invested Capital Average | $14,732,775,000 (5.53%) | $13,960,250,000 (0.39%) | $13,906,675,000 (-2.93%) | $14,327,175,000 (10.86%) |
Shares | 40,757,989 (-0.19%) | 40,835,262 (-0.15%) | 40,898,295 (-1.42%) | 41,487,550 (0.18%) |