Filing Flows › Kemper (KMPR) › Q4 2024
Kemper (KMPR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 7, 2025
Kemper (KMPR) reported revenue of $1.2B for the fourth quarter 2024 (Q4 2024), 0% from a year earlier and +0.7% from the quarter before. Operating margin was 10.1%, net earnings $97.4M (8.2% of revenue).
Kemper, Q4 2024: revenue $1.2B (0% year over year), operating margin 10.1%, net earnings $97.4M, operating cash flow $175M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +0.7% | 0% |
| Operating profit | $119M | -10% | +89% |
| Net earnings | $97.4M | +32% | +89% |
| Operating cash flow | $175M | +23% | — |
| Free cash flow | $165M | +26% | — |
What changed
Revenue was $1.2B in Q4 2024, roughly flat year over year and up 1% from the previous quarter.
Operating profit was $0.12B, a 10.1% margin (up 4.7 points year over year). Total costs fell 5% while revenue was flat. Net earnings were $0.10B, up 89% year over year ($0.10B including minority interests, which bore $1.7M of losses). The effective tax rate was 19.8%.
Operating cash flow was $0.18B, 183% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items added $0.06B. Capital expenditures of $0.01B left free cash flow of $0.17B.
Questions
What was Kemper's revenue in the fourth quarter 2024?
Kemper (KMPR) reported revenue of $1.2B for the fourth quarter 2024 (Q4 2024), 0% from a year earlier and +0.7% from the quarter before.
Was Kemper profitable in the fourth quarter 2024?
Operating profit was $119M (10.1% of revenue) and net earnings $97.4M.
Source: Kemper 10-K on SEC EDGAR.