Horace Mann Educators Corporation (HMN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HMN Revenue Growth
Revenue Breakdown (FY 2025)
HMN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
HMN Revenue Analysis (2014–2025)
As of May 8, 2026, Horace Mann Educators Corporation (HMN) generated trailing twelve-month (TTM) revenue of $1.64 billion, reflecting strong growth of +10.6% year-over-year. The most recent quarter (Q4 2025) recorded $434.8 million in revenue, up 4.2% sequentially.
Looking at the longer-term picture, HMN's 5-year compound annual growth rate (CAGR) stands at +5.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $1.70 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows HMN's business is primarily driven by Property And Casualty (83%), and Life And Retirement (17%). With over half of revenue concentrated in Property And Casualty, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including AFL (-9.2% YoY), CNO (+0.9% YoY), and GL (+3.8% YoY), HMN has underperformed the peer group in terms of revenue growth. Compare HMN vs AFL →
HMN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HMNCurrent | $1.6B | +10.6% | +5.7% | 77.1% | |
 AFL | $17.4B | -9.2% | -4.8% | 26.6% | |
 CNO | $4.5B | +0.9% | +3.3% | 6.5% | |
 GL | $6.0B | +3.8% | +4.8% | 24.4% | |
 FG | $5.7B | +23.1% | +32.0% | 5.6% | |
 MET | $77.1B | +6.1% | +2.6% | 6.0% |
HMN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.70B | +9.7% | $1.70B | 100.0% | $1.31B | 77.1% |
| 2024 | $1.55B | +8.2% | $478.4M | 30.9% | $128.6M | 8.3% |
| 2023 | $1.43B | +6.8% | $356.8M | 24.9% | $53.3M | 3.7% |
| 2022 | $1.34B | +7.3% | $332.5M | 24.8% | $16.5M | 1.2% |
| 2021 | $1.25B | -3.0% | $409.0M | 32.7% | $210.1M | 16.8% |
| 2020 | $1.29B | -8.2% | $416.1M | 32.3% | $159.6M | 12.4% |
| 2019 | $1.40B | +19.4% | $497.7M | 35.4% | $236.4M | 16.8% |
| 2018 | $1.18B | +0.4% | $222.5M | 18.9% | $19.5M | 1.7% |
| 2017 | $1.17B | +3.8% | $288.4M | 24.6% | $88.7M | 7.6% |
| 2016 | $1.13B | +4.5% | $299.2M | 26.5% | $114.2M | 10.1% |
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Start ComparisonHMN — Frequently Asked Questions
Quick answers to the most common questions about buying HMN stock.
Is HMN's revenue growth accelerating or slowing?
HMN maintains +10.6% revenue growth, in line with its 5-year CAGR of +5.7%. TTM revenue stands at $1.6B. Growth rate remains consistent with historical average.
What is HMN's long-term revenue growth rate?
Horace Mann Educators Corporation's 5-year revenue CAGR of +5.7% reflects the sustained expansion pattern. Current YoY growth of +10.6% is near this long-term average.
How is HMN's revenue distributed by segment?
HMN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.