Horace Mann Educators (HMN) Operating Expenses (2010 - 2026)
Horace Mann Educators (HMN) reported Operating Expenses of $379.1 million for Q1 2026, up 392.98% on a YoY basis from $76.9 million in Q1 2025, and down 2.57% quarter-over-quarter from $389.1 million in Q4 2025.
Horace Mann Educators (HMN) Operating Expenses (2010 - 2026) Analysis & Trends
Horace Mann Educators has reported Operating Expenses for 17 years, with the latest figure at $379.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 392.98% year-over-year to $379.1 million; the trailing twelve-month figure through Mar 2026 stood at $934.4 million (up 418.26% YoY), and the FY2025 full-year result was $1.5 billion, up 408.71% from the prior year.
- Operating Expenses for Q1 2026 stood at $379.1 million, down from $389.1 million in the prior quarter.
- The five-year high for Operating Expenses was $389.1 million in Q4 2025, with the low at -$811.0 million in Q4 2024.
- Historically, Operating Expenses has averaged $158.1 million across 5 years, with a median of $345.8 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 399.84% — and 2026, when it soared 392.98%.
- Horace Mann Educators' Operating Expenses stood at -$737.0 million in 2022, then soared by 148.26% to $355.7 million in 2023, then slumped by 328.0% to -$811.0 million in 2024, then surged by 147.98% to $389.1 million in 2025, then slipped by 2.57% to $379.1 million in 2026.
- The last three Operating Expenses figures came in at $379.1 million (Q1 2026), $389.1 million (Q4 2025), and $84.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.78 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 18.62 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 9.81 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 13.83 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 3.07 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 2.54 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 3.10 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 4.09 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 3.08 Bn |
| 10 | Horace Mann Educators | 1.92 Bn | 1.86 Bn | 252.90 Mn | 379.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 379.10 Mn |
| Dec 31, 2025 | 389.10 Mn |
| Sep 30, 2025 | 84.00 Mn |
| Jun 30, 2025 | 82.20 Mn |
| Mar 31, 2025 | 76.90 Mn |
| Dec 31, 2024 | -811.00 Mn |
| Sep 30, 2024 | 369.40 Mn |
| Jun 30, 2024 | 71.10 Mn |
| Mar 31, 2024 | 353.00 Mn |
| Dec 31, 2023 | 355.70 Mn |
| Sep 30, 2023 | 365.10 Mn |
| Jun 30, 2023 | 372.00 Mn |
| Mar 31, 2023 | 345.80 Mn |
| Dec 31, 2022 | -737.00 Mn |
| Sep 30, 2022 | 319.20 Mn |
| Jun 30, 2022 | 351.90 Mn |
| Mar 31, 2022 | 321.70 Mn |
| Dec 31, 2021 | 245.80 Mn |
| Sep 30, 2021 | 310.60 Mn |
| Jun 30, 2021 | 289.00 Mn |