Horace Mann Educators Corporation (FRA:HM9)

Horace Mann Educators Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	140.1	102.8	45	19.8	170.4	133.3
Depreciation & Amortization	27	26.4	26.2	27.6	18.4	23.4
Gain (Loss) on Sale of Investments	22.8	17.3	24	56.5	11	2.3
Stock-Based Compensation	10	9.9	9.5	8.9	8.4	6.7
Reinsurance Recoverable	52.9	55.7	-12.5	-309.8	7.4	1.6
Change in Income Taxes	6.2	28.2	-15	110.5	-91.2	8.3
Change in Insurance Reserves / Liabilities	160.2	82.8	186.7	334.2	114.5	69.9
Change in Other Net Operating Assets	171.9	93.5	52.7	-99.2	7.5	7
Operating Cash Flow	609.5	452.1	302.1	171.5	204.9	259.8
Operating Cash Flow Growth	131.84%	49.65%	76.15%	-16.30%	-21.13%	103.60%
Cash Acquisitions	-	-	-	-164.4	-	-
Investment in Securities	-132.6	-143	-116.6	-40.6	-291.8	-406.8
Other Investing Activities	12	7.2	9.2	-9.6	-10.2	-
Investing Cash Flow	-120.6	-135.8	-107.4	-214.6	-302	-406.8
Short-Term Debt Issued	-	2.5	-	9.9	114.3	7.3
Long-Term Debt Issued	-	-	297.7	-	5	4
Total Debt Issued	0.7	2.5	297.7	9.9	119.3	11.3
Total Debt Repaid	-469.5	-270	-441	-154	-416	-
Net Debt Issued (Repaid)	-468.8	-267.5	-143.3	-144.1	-296.7	11.3
Issuance of Common Stock	5.4	5.1	-	-	0.3	2.4
Repurchases of Common Stock	-13.4	-10.4	-8.3	-26.4	-7.3	-4.5
Common Dividends Paid	-56.3	-55.5	-53.9	-52.6	-51.4	-49.6
Other Financing Activities	-247.3	-150.4	-193.8	3.2	-39.2	-21.2
Financing Cash Flow	-462.6	-307.9	-207.8	-47.8	208.5	143.8
Net Cash Flow	26.3	8.4	-13.1	-90.9	111.4	-3.2
Cash Interest Paid	33.6	33.5	30.1	18.2	13.5	15.5
Cash Income Tax Paid	30.3	22.1	14	8.6	23.7	17.3
Levered Free Cash Flow	175.68	297.18	208.31	-545.89	-85.79	89.71
Unlevered Free Cash Flow	197.36	318.8	226.88	-533.76	-77.1	99.21
Change in Working Capital	391.2	260.2	211.9	35.7	38.2	86.8

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.