Horace Mann 2025 net income rises 57.7% to $162.1 million; fourth-quarter profit falls
Horace Mann reported full-year 2025 net income of $162.1 million, or $3.90 per diluted share, up from $102.8 million a year earlier, and record core earnings of $195.8 million, or $4.71 per share. Fourth-quarter net income fell 5.2% to $36.2 million, and fourth-quarter core earnings per share fell 28.0% to $1.21, so the full-year gains came alongside a weaker final quarter for shareholders.
Key points
- Full-year 2025 total revenues were $1,701.4 million, up 6.7% from $1,595.2 million in 2024.
- Full-year core earnings were $195.8 million, or $4.71 per diluted share, up 38.5% from $3.40 per share in 2024.
- Fourth-quarter 2025 net income was $36.2 million, or $0.87 per diluted share, compared with $38.2 million, or $0.92, in the fourth quarter of 2024.
- Full-year Property & Casualty combined ratio was 89.7%, an improvement of more than 8 points over the prior year, which the company attributed to lower catastrophe losses.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.