Horace Mann Educators Corporation (HMN) financial statements (2020 and earlier)

Company profile

Business Address 1 HORACE MANN PLZ
SPRINGFIELD, IL 62715-0001
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12712817161218
Cash and cash equivalents2512817161218
Short-term investments102      
Total current assets:12712817161218
Noncurrent Assets
Operating lease, right-of-use asset16
Property, plant and equipment60413932263135
Long-term investments and receivables384329     
Long-term investments384329     
Intangible assets, net (including goodwill)226474747474747
Goodwill49474747474747
Intangible assets, net (excluding goodwill)177      
Total noncurrent assets:6874178680737882
Other undisclosed assets11,66510,60311,10410,4819,9719,6788,726
TOTAL ASSETS:12,47911,03211,19810,57710,0599,7698,827
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt135    3838
Total current liabilities:135    3838
Noncurrent Liabilities
Other undisclosed liabilities10,7769,7419,6979,2838,7958,3947,689
Total liabilities:10,9119,7419,6979,2838,7958,4327,727
Stockholders' equity
Stockholders' equity attributable to parent1,5671,2911,5021,2941,2651,3361,099
Common stock0000000
Treasury stock, value(486)(486)(481)(479)(458)(436)(430)
Additional paid in capital481475464453443422407
Accumulated other comprehensive income22085287164163285122
Retained earnings1,3531,2171,2311,1561,1161,0651,000
Total stockholders' equity:1,5671,2911,5021,2941,2651,3361,099
TOTAL LIABILITIES AND EQUITY:12,47911,03211,19810,57710,0599,7698,827

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,4301,1921,1721,1291,0801,0611,031
Premiums earned, net898817
Net investment income365377374361333330314
Financial services revenue795759732733691
Cost of revenue(907)(954)(883)(830)(778)(738)(448)
Policyholder benefits and claims incurred, net(585)(638)
Policyholder account balance, interest expense(213)(206)(199)(192)(183)(176)170
Deferred policy acquisition costs, amortization expense(109)(110)(102)(97)(99)(94)85
Financial services costs(582)(541)(496)(468)(448)
Gross profit:523238288299302322583
Operating expenses(235)(205)(188)(173)(157)(162)(160)
Operating income:28933101126145160423
Nonoperating expense
(Investment Income, Nonoperating)
     (331)(312)
Interest and debt expense(16)(13)(12)(12)(15)(14)(14)
Income (loss) from continuing operations before equity method investments, income taxes:2732089114129(185)97
Other undisclosed income (loss) from continuing operations before income taxes(37)    33157
Income from continuing operations before income taxes:2362089114129146154
Income tax expense (benefit)(52)(1)81(30)(36)(42)(43)
Net income available to common stockholders, diluted:184181698493104111

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:184181698493104111
Other comprehensive income (loss)135(202)751(121)162(245)
Comprehensive income (loss):319(184)24584(28)267(134)
Comprehensive loss, net of tax, attributable to noncontrolling interest    (3)  
Other undisclosed comprehensive income, net of tax, attributable to parent    3  
Comprehensive income (loss), net of tax, attributable to parent:319(184)24584(28)267(134)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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