Horace Mann Educators (HMN) Operating Margin (2010 - 2026)
Horace Mann Educators' (HMN) quarterly Operating Margin came in at 25.79% in Q1 2026, down 205.0% YoY from 24.56% in Q1 2025, and down 4.98% on a QoQ basis from 27.14% in Q4 2025.
Horace Mann Educators (HMN) Operating Margin (2010 - 2026) Analysis & Trends
Horace Mann Educators (HMN) has 17 years of Operating Margin data on file, last reported at 25.79% in Q1 2026.
- Quarterly Operating Margin fell 205.0% year-over-year to 25.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.72% (down 834.0% YoY) and the FY2025 annual result came in at 27.29%, down 65.0% from the prior year.
- Operating Margin eased to 25.79% in Q1 2026, from 27.14% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 31.4% in Q3 2023 to a low of 2.48% in Q2 2025.
- A 5-year average of 26.62% and a median of 28.24% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin soared 291 bps — and 2025, when it tumbled 3041 bps.
- Tracing HMN's Operating Margin over 5 years: stood at 28.93% in 2022, then gained by 0 bps to 29.04% in 2023, then rose by 0 bps to 29.07% in 2024, then declined by 7 bps to 27.14% in 2025, then retreated by 5 bps to 25.79% in 2026.
- The last three Operating Margin figures came in at 25.79% (Q1 2026), 27.14% (Q4 2025), and 27.27% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.03 Bn | 121.26 Bn | 9.13 Bn | 11.13% |
| 2 | Progressive | 124.11 Bn | 119.11 Bn | 9.04 Bn | -43.89% |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn | 9.95% |
| 4 | Allstate | 67.36 Bn | 28.63 Bn | 16.28 Bn | 5.43% |
| 5 | Fairfax Financial Holdings | 35.31 Bn | 35.31 Bn | - | - |
| 6 | Cincinnati Financial | 26.77 Bn | 24.88 Bn | 2.39 Bn | 7.46% |
| 7 | Loews | 23.31 Bn | 1.01 Bn | 2.57 Bn | 16.08% |
| 8 | Markel | 23.15 Bn | 6.26 Bn | 2.83 Bn | 38.83% |
| 9 | Assurant | 14.05 Bn | 12.02 Bn | 2.71 Bn | 4.12% |
| 10 | Horace Mann Educators | 2.16 Bn | -3.66 Bn | 257.20 Mn | 27.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.17% |
| Mar 31, 2026 | 25.79% |
| Dec 31, 2025 | 27.14% |
| Sep 30, 2025 | 27.27% |
| Jun 30, 2025 | -2.48% |
| Mar 31, 2025 | 27.83% |
| Dec 31, 2024 | 29.07% |
| Sep 30, 2024 | 27.42% |
| Jun 30, 2024 | 27.93% |
| Mar 31, 2024 | 27.31% |
| Dec 31, 2023 | 29.04% |
| Sep 30, 2023 | 31.40% |
| Jun 30, 2023 | 30.44% |
| Mar 31, 2023 | 28.37% |
| Dec 31, 2022 | 28.93% |
| Sep 30, 2022 | 28.49% |
| Jun 30, 2022 | 30.41% |
| Mar 31, 2022 | 28.24% |
| Dec 31, 2021 | 34.45% |
| Sep 30, 2021 | 31.48% |