Horace Mann Educators (HMN) Operating Margin (2010 - 2026)
Horace Mann Educators (HMN) posted Operating Margin of 25.79% for Q1 2026, down 4.98% quarter-over-quarter from 27.14% in Q4 2025, and down 205.0% year-on-year from 24.56% in Q1 2025.
Horace Mann Educators (HMN) Operating Margin (2010 - 2026) Analysis & Trends
Horace Mann Educators (HMN) has reported Operating Margin for 17 consecutive years, with 25.79% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 25.79%, down 205.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.72% (down 834.0% YoY), and the FY2025 annual result was 27.29%, down 65.0% from the prior year.
- Operating Margin was 25.79% for Q1 2026 at Horace Mann Educators, down from 27.14% in the prior quarter.
- Over five years, Operating Margin peaked at 31.4% in Q3 2023 and troughed at 2.48% in Q2 2025.
- Average Operating Margin over 5 years is 26.62%, with a median of 28.24% recorded in 2022.
- Year-over-year, Operating Margin surged 291 bps in 2023 and sank 3041 bps in 2025.
- Over 5 years, Operating Margin stood at 28.93% in 2022, then grew by 0 bps to 29.04% in 2023, then climbed by 0 bps to 29.07% in 2024, then decreased by 7 bps to 27.14% in 2025, then dropped by 5 bps to 25.79% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 25.79% in Q1 2026, 27.14% in Q4 2025, and 27.27% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -7.70% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | -46.25% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 11.57% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 12.21% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 8.45% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 5.54% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 71.45% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 10.48% |
| 10 | Horace Mann Educators | 2.15 Bn | 2.09 Bn | 252.90 Mn | 25.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 31.48% |