Horace Mann EducatorsHMN -0.35%75 Net Margin % is 9.90% as of Mar. 2026, which is 14% above its 10-year median of 8.70. GuruFocus rates HMN with a GF Score™ of 75/100 and a GF Value™ of $43.19 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 501 Insurance companies, Horace Mann Educators ranks better than 53.69% on this metric.
The historical rank and industry rank for Horace Mann Educators's Net Margin % or its related term are showing as below:
HMN'
s Net Margin % Range Over the Past 10 Years
Min: 1.48 Med: 8.7 Max: 14.46
Current: 10.04
HMN's Net Margin % is ranked better than 53.69% of 501
companies
in the Insurance industry
Industry Median: 9.29
vs HMN: 10.04
Horace Mann Educators (NYSE:HMN) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Horace Mann Educators Net Margin % Related Terms
Horace Mann Educators Net Margin % Historical Data
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The historical data trend for Horace Mann Educators's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Property & Casualty subindustry, Horace Mann Educators's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Horace Mann Educators Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Horace Mann Educators's Net Margin % distribution charts can be found below:
* The bar in red indicates where Horace Mann Educators's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Horace Mann Educators (HMN) has a Net Margin % of 9.90% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Horace Mann Educators and its competitors. This is 14% above median its historical median of 8.70. Over the past decade, Horace Mann Educators' Net Margin % has ranged from 1.48 to 14.46. According to the industry distribution chart, Horace Mann Educators ranks #232 out of 501 companies in the Insurance industry, placing it in the top 46.3%.
Is Horace Mann Educators' Net Margin % too high?
Horace Mann Educators' current Net Margin % of 9.90% is 14% above median its 10-year median of 8.70. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 14.46. The Insurance industry median Net Margin % is 9.29. Horace Mann Educators' value of 9.90% is 6.6% above this industry median. Based on the distribution chart, Horace Mann Educators ranks #232 out of 501 companies in the Insurance industry, which is above the industry midpoint. Overall, Horace Mann Educators has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horace Mann Educators' Net Margin % compare to SKWD and HCI?
According to the Insurance industry distribution chart, Horace Mann Educators ranks #232 out of 501 companies for Net Margin %. This puts Horace Mann Educators in the upper half of its industry. The industry median Net Margin % is 9.29. Horace Mann Educators' value of 9.90% is 6.6% above this benchmark. Historically, Horace Mann Educators' own Net Margin % has ranged from 1.48 to 14.46 over the past decade. While the company's 10-year median is 8.70 vs. the industry median of 9.29, Horace Mann Educators has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Horace Mann Educators's current Net Margin % of 9.90% is 6.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Horace Mann Educators and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horace Mann Educators's current Net Margin % is 9.90%, which is 14% above median its own 10-year median of 8.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horace Mann Educators stock overvalued right now?
Based on GuruFocus' analysis, Horace Mann Educators (HMN) is currently considered Modestly Overvalued. The stock's GF Value™ is $43.19, compared to a current price of $50.57 — trading 17.1% above its estimated fair value. The current Net Margin % is 9.90%, which is 14% above median its 10-year median of 8.70 and 6.6% above the Insurance industry median of 9.29. Horace Mann Educators' overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Horace Mann Educators (HMN), the current Net Margin % is 9.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Horace Mann Educators (HMN) Overvalued in 2026?
Based on GuruFocus' analysis, Horace Mann Educators stock appears to be overvalued.
The current stock price of $50.57 is trading 17.1% above its estimated GF Value™ of $43.19.
GuruFocus considers Horace Mann Educators to be Modestly Overvalued.
Key valuation signals for HMN:
Net Margin %: 9.90% (14% above median its 10-year median of 8.70)
GF Value™: $43.19 vs. price of $50.57 (17.1% above fair value)
Industry Position: 6.6% above the Insurance median (#232 of 501)
No single metric tells the full story. See the HMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The Company conducts and manages its business in four reporting segments: (1) Property & Casualty, (2) Life & Retirement, (3) Supplemental & Group Benefits and (4) Corporate & Other.
75GF Score
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