
Horace Mann Educators Corp
NYSE:HMN

Income Statement
Income Statement
Horace Mann Educators Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
720
|
724
|
727
|
731
|
735
|
741
|
747
|
756
|
764
|
774
|
782
|
790
|
801
|
810
|
821
|
829
|
828
|
838
|
843
|
879
|
912
|
946
|
963
|
958
|
955
|
947
|
950
|
942
|
919
|
947
|
971
|
996
|
1 039
|
1 031
|
1 040
|
1 050
|
1 071
|
1 092
|
1 112
|
1 140
|
1 167
|
|
Revenue |
1 067
N/A
|
1 068
+0%
|
1 059
-1%
|
1 054
0%
|
1 100
+4%
|
1 106
+1%
|
1 127
+2%
|
1 153
+2%
|
1 140
-1%
|
1 157
+1%
|
1 166
+1%
|
1 166
+0%
|
1 184
+2%
|
1 195
+1%
|
1 217
+2%
|
1 241
+2%
|
1 193
-4%
|
1 214
+2%
|
1 359
+12%
|
1 384
+2%
|
1 432
+3%
|
1 433
+0%
|
1 294
-10%
|
1 296
+0%
|
1 316
+2%
|
1 330
+1%
|
1 363
+2%
|
1 361
0%
|
1 341
-1%
|
1 364
+2%
|
1 364
+0%
|
1 378
+1%
|
1 394
+1%
|
1 398
+0%
|
1 413
+1%
|
1 443
+2%
|
1 492
+3%
|
1 531
+3%
|
1 558
+2%
|
1 586
+2%
|
1 588
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(901)
|
(901)
|
(910)
|
(917)
|
(936)
|
(950)
|
(972)
|
(992)
|
(1 003)
|
(1 036)
|
(1 059)
|
(1 059)
|
(1 071)
|
(1 073)
|
(1 083)
|
(1 120)
|
(1 159)
|
(1 165)
|
(1 163)
|
(1 174)
|
(1 150)
|
(1 167)
|
(1 145)
|
(1 132)
|
(1 126)
|
(1 111)
|
(1 125)
|
(1 143)
|
(1 141)
|
(1 189)
|
(1 251)
|
(1 258)
|
(1 371)
|
(1 365)
|
(1 382)
|
(1 426)
|
(1 409)
|
(1 414)
|
(1 424)
|
(1 427)
|
(1 432)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(5)
|
(9)
|
(12)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
|
Benefits Claims Loss Adjustment |
(468)
|
(470)
|
(476)
|
(480)
|
(496)
|
(502)
|
(517)
|
(532)
|
(541)
|
(566)
|
(583)
|
(582)
|
(582)
|
(582)
|
(584)
|
(611)
|
(638)
|
(633)
|
(618)
|
(610)
|
(585)
|
(584)
|
(575)
|
(572)
|
(569)
|
(565)
|
(569)
|
(582)
|
(618)
|
(659)
|
(715)
|
(717)
|
(762)
|
(757)
|
(759)
|
(791)
|
(769)
|
(762)
|
(764)
|
(756)
|
(745)
|
|
Policy Acquisition Expense |
(94)
|
(95)
|
(96)
|
(97)
|
(99)
|
(99)
|
(100)
|
(99)
|
(97)
|
(98)
|
(98)
|
(98)
|
(102)
|
(104)
|
(106)
|
(108)
|
(110)
|
(108)
|
(113)
|
(113)
|
(109)
|
(114)
|
(103)
|
(101)
|
(100)
|
(94)
|
(97)
|
(95)
|
(95)
|
(93)
|
(91)
|
(90)
|
(99)
|
(89)
|
(93)
|
(97)
|
(101)
|
(105)
|
(106)
|
(108)
|
(111)
|
|
Other Operating Expenses |
(338)
|
(336)
|
(338)
|
(340)
|
(340)
|
(349)
|
(355)
|
(362)
|
(365)
|
(373)
|
(378)
|
(379)
|
(386)
|
(387)
|
(393)
|
(402)
|
(412)
|
(423)
|
(431)
|
(445)
|
(447)
|
(457)
|
(452)
|
(444)
|
(443)
|
(439)
|
(445)
|
(453)
|
(416)
|
(424)
|
(431)
|
(435)
|
(494)
|
(502)
|
(514)
|
(522)
|
(524)
|
(533)
|
(539)
|
(548)
|
(561)
|
|
Operating Income |
167
N/A
|
167
+0%
|
148
-11%
|
137
-8%
|
164
+20%
|
156
-5%
|
155
-1%
|
160
+4%
|
137
-15%
|
121
-12%
|
107
-11%
|
107
N/A
|
113
+6%
|
122
+8%
|
134
+10%
|
120
-10%
|
34
-72%
|
49
+44%
|
196
+300%
|
211
+7%
|
281
+33%
|
266
-6%
|
149
-44%
|
164
+10%
|
190
+16%
|
219
+15%
|
238
+9%
|
218
-9%
|
199
-8%
|
175
-12%
|
114
-35%
|
120
+6%
|
23
-81%
|
33
+44%
|
31
-7%
|
17
-45%
|
82
+378%
|
113
+37%
|
129
+15%
|
155
+19%
|
156
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(15)
|
(16)
|
(17)
|
(17)
|
(16)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(17)
|
(19)
|
(22)
|
(25)
|
(27)
|
(22)
|
(27)
|
(30)
|
(26)
|
(27)
|
|
Non-Reccuring Items |
(6)
|
2
|
15
|
20
|
(22)
|
(27)
|
(32)
|
(33)
|
(11)
|
(12)
|
(13)
|
(15)
|
(13)
|
(15)
|
(22)
|
(25)
|
(2)
|
(2)
|
(29)
|
(29)
|
(29)
|
(33)
|
(5)
|
(6)
|
(15)
|
(15)
|
(14)
|
(20)
|
(10)
|
(9)
|
(11)
|
(11)
|
(16)
|
(14)
|
(19)
|
(12)
|
(7)
|
(8)
|
(1)
|
(1)
|
0
|
|
Pre-Tax Income |
146
N/A
|
155
+6%
|
149
-4%
|
144
-4%
|
130
-10%
|
116
-10%
|
110
-5%
|
115
+4%
|
114
-1%
|
97
-15%
|
82
-15%
|
81
-2%
|
89
+10%
|
95
+7%
|
99
+5%
|
83
-17%
|
20
-76%
|
34
+75%
|
154
+351%
|
168
+9%
|
236
+41%
|
216
-8%
|
127
-41%
|
141
+12%
|
160
+13%
|
189
+19%
|
210
+11%
|
184
-12%
|
175
-5%
|
152
-13%
|
88
-42%
|
92
+5%
|
(12)
N/A
|
(3)
+77%
|
(12)
-356%
|
(22)
-80%
|
53
N/A
|
78
+47%
|
98
+26%
|
128
+30%
|
129
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(42)
|
(45)
|
(43)
|
(41)
|
(36)
|
(32)
|
(30)
|
(30)
|
(31)
|
(23)
|
(18)
|
(17)
|
(18)
|
(19)
|
(20)
|
(18)
|
(1)
|
(4)
|
(36)
|
(37)
|
(52)
|
(48)
|
(22)
|
(26)
|
(29)
|
(35)
|
(40)
|
(34)
|
(32)
|
(28)
|
(15)
|
(15)
|
9
|
7
|
8
|
9
|
(8)
|
(13)
|
(17)
|
(23)
|
(26)
|
|
Income from Continuing Operations |
104
|
110
|
106
|
103
|
94
|
84
|
80
|
85
|
84
|
74
|
64
|
64
|
71
|
75
|
79
|
65
|
18
|
30
|
118
|
131
|
184
|
168
|
105
|
116
|
131
|
154
|
170
|
150
|
143
|
124
|
73
|
77
|
(3)
|
4
|
(4)
|
(13)
|
45
|
65
|
82
|
104
|
103
|
|
Net Income (Common) |
104
N/A
|
110
+6%
|
106
-4%
|
103
-3%
|
94
-9%
|
84
-10%
|
80
-5%
|
85
+6%
|
84
-1%
|
74
-12%
|
64
-13%
|
64
0%
|
170
+165%
|
174
+3%
|
178
+2%
|
164
-8%
|
18
-89%
|
30
+66%
|
118
+290%
|
131
+11%
|
184
+41%
|
171
-7%
|
108
-37%
|
119
+10%
|
133
+12%
|
154
+16%
|
170
+10%
|
150
-12%
|
143
-5%
|
124
-13%
|
73
-41%
|
77
+6%
|
(3)
N/A
|
4
N/A
|
(4)
N/A
|
(13)
-202%
|
45
N/A
|
65
+44%
|
82
+26%
|
104
+28%
|
103
-1%
|
|
EPS (Diluted) |
2.46
N/A
|
2.6
+6%
|
2.5
-4%
|
2.42
-3%
|
2.2
-9%
|
2.03
-8%
|
1.93
-5%
|
2.04
+6%
|
2.02
-1%
|
1.78
-12%
|
1.54
-13%
|
1.53
-1%
|
4.07
+166%
|
4.18
+3%
|
4.26
+2%
|
3.91
-8%
|
0.44
-89%
|
0.72
+64%
|
2.77
+285%
|
3.12
+13%
|
4.4
+41%
|
4.06
-8%
|
2.53
-38%
|
2.81
+11%
|
3.17
+13%
|
3.66
+15%
|
4.04
+10%
|
3.56
-12%
|
3.38
-5%
|
2.94
-13%
|
1.73
-41%
|
1.85
+7%
|
-0.06
N/A
|
0.1
N/A
|
-0.11
N/A
|
-0.32
-191%
|
1.09
N/A
|
1.56
+43%
|
1.96
+26%
|
2.51
+28%
|
2.48
-1%
|