Filing Flows › Horace Mann Educators (HMN) › Q1 2025
Horace Mann Educators (HMN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Horace Mann Educators (HMN) reported revenue of $416M for the first quarter 2025 (Q1 2025), +8% from a year earlier and +2% from the quarter before. Operating margin was 11.4%, net earnings $38.2M (9.2% of revenue).
Horace Mann Educators, Q1 2025: revenue $416M (+8% year over year), operating margin 11.4%, net earnings $38.2M, operating cash flow $141M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $416M | +2% | +8% |
| Operating profit | $47.5M | -2% | +44% |
| Net earnings | $38.2M | 0% | +44% |
| Operating cash flow | $141M | -27% | +89% |
What changed
Revenue was $416.4M in Q1 2025, up 8% year over year and up 2% from the previous quarter.
Operating profit was $47.5M, a 11.4% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 48% reached operating profit, above the 9% margin then. Total costs grew 5% against revenue growth of 8%. Net earnings were $38.2M, up 44% year over year. The effective tax rate was 19.6%.
Operating cash flow was $140.8M (up 89% year over year), 369% of net earnings. Non-cash charges added back $7.0M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $93.0M.
Questions
What was Horace Mann Educators' revenue in the first quarter 2025?
Horace Mann Educators (HMN) reported revenue of $416M for the first quarter 2025 (Q1 2025), +8% from a year earlier and +2% from the quarter before.
Was Horace Mann Educators profitable in the first quarter 2025?
Operating profit was $47.5M (11.4% of revenue) and net earnings $38.2M.