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Horace Mann Educators Corporation (HMN)
NYSE: HMN · Real-Time Price · USD
51.50
+0.80 (1.58%)
Sep 2, 2026, 4:00 PM EDT - Market closed

Horace Mann Educators Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
177.3162.1102.84519.8170.4
Depreciation & Amortization
26.927.126.426.227.618.4
Gain (Loss) on Sale of Investments
6.11317.32456.511
Stock-Based Compensation
9.610.29.99.58.98.4
Reinsurance Recoverable
-5.55.855.7-12.5-309.87.4
Change in Income Taxes
-7.12.128.2-15110.5-91.2
Change in Insurance Reserves / Liabilities
123125.382.8186.7334.2114.5
Change in Other Net Operating Assets
236.5212.693.552.7-99.27.5
Operating Cash Flow
566.1553.2452.1302.1171.5204.9
Operating Cash Flow Growth
-7.12%22.36%49.65%76.15%-16.30%-21.13%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Acquisitions
-----164.4-
Investment in Securities
-247-242.3-143-116.6-40.6-291.8
Other Investing Activities
-19.8-9.87.29.2-9.6-10.2
Investing Cash Flow
-266.8-252.1-135.8-107.4-214.6-302

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
--2.5-9.9114.3
Long-Term Debt Issued
-295.2-297.7-5
Total Debt Issued
296.9295.22.5297.79.9119.3
Total Debt Repaid
-1,070-765.2-270-441-154-416
Net Debt Issued (Repaid)
-773.3-470-267.5-143.3-144.1-296.7
Issuance of Common Stock
7.65.35.1--0.3
Repurchases of Common Stock
-37.2-24.2-10.4-8.3-26.4-7.3
Common Dividends Paid
-57.6-57.1-55.5-53.9-52.6-51.4
Other Financing Activities
-162.6-173.6-150.4-193.83.2-39.2
Financing Cash Flow
-294-311.7-307.9-207.8-47.8208.5

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
5.3-10.68.4-13.1-90.9111.4

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
222.65197.05297.18208.31-545.89-85.79
Unlevered Free Cash Flow
246.4219.8318.8226.88-533.76-77.1

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
33.732.233.530.118.213.5
Cash Income Tax Paid
51.334.722.1148.623.7
Change in Working Capital
346.9345.8260.2211.935.738.2
SEC Filings: 10-K · 10-Q