Horace Mann Educators Corporation (HMN) — Tangible Net Worth Ratio
Horace Mann Educators Corporation (HMN) has a Tangible Net Worth Ratio of 66.3% as of March 2026. This metric is calculated by deducting intangible assets ($495.20 Million) from net assets ($1.47 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See what is Horace Mann Educators Corporation's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Horace Mann Educators Corporation Tangible Net Worth Ratio (1990–2025)
This chart shows how Horace Mann Educators Corporation's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 66.3%, reflecting net assets of $1.47 Billion with intangible assets of $495.20 Million USD. Also explore HMN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Horace Mann Educators Corporation (1990–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Horace Mann Educators Corporation from 1990 to 2025, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Horace Mann Educators Corporation (HMN) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 66.3% | $1.48 Billion | $499.70 Million | $15.27 Billion | ▼ -21.6 pp |
| 2024 | 87.9% | $1.29 Billion | $155.80 Million | $14.49 Billion | ▲ +2.4 pp |
| 2023 | 85.5% | $1.18 Billion | $170.30 Million | $14.05 Billion | ▲ +2.4 pp |
| 2022 | 83.1% | $1.10 Billion | $185.20 Million | $13.31 Billion | ▼ -8.8 pp |
| 2021 | 92.0% | $1.81 Billion | $145.40 Million | $14.38 Billion | ▲ +0.8 pp |
| 2020 | 91.1% | $1.79 Billion | $158.50 Million | $13.47 Billion | ▲ +2.5 pp |
| 2019 | 88.7% | $1.57 Billion | $177.22 Million | $12.48 Billion | ▲ +11.8 pp |
| 2018 | 76.9% | $1.29 Billion | $298.74 Million | $11.03 Billion | ▼ -6.0 pp |
| 2017 | 82.8% | $1.50 Billion | $257.83 Million | $11.20 Billion | ▲ +3.5 pp |
| 2016 | 79.3% | $1.29 Billion | $267.58 Million | $10.58 Billion | ▼ -0.7 pp |
| 2015 | 80.0% | $1.26 Billion | $253.18 Million | $10.06 Billion | ▼ -3.9 pp |
| 2014 | 83.9% | $1.34 Billion | $215.08 Million | $9.77 Billion | ▲ +6.2 pp |
| 2013 | 77.7% | $1.10 Billion | $245.35 Million | $8.83 Billion | ▼ -6.2 pp |
| 2012 | 83.9% | $1.22 Billion | $196.88 Million | $8.17 Billion | ▼ -11.6 pp |
| 2011 | 95.5% | $1.06 Billion | $47.40 Million | $7.44 Billion | ▲ +0.9 pp |
| 2010 | 94.6% | $880.01 Million | $47.40 Million | $7.01 Billion | ▲ +1.2 pp |
| 2009 | 93.4% | $719.54 Million | $47.40 Million | $6.34 Billion | ▼ -6.5 pp |
| 2008 | 100.0% | $448.85 Million | $223.00K | $5.62 Billion | ▲ +7.6 pp |
| 2007 | 92.4% | $693.28 Million | $52.78 Million | $6.30 Billion | ▲ +1.2 pp |
| 2006 | 91.2% | $657.08 Million | $57.92 Million | $6.38 Billion | ▲ +1.0 pp |
| 2005 | 90.2% | $650.45 Million | $63.72 Million | $5.91 Billion | ▲ +2.2 pp |
| 2004 | 88.0% | $576.21 Million | $68.92 Million | $5.47 Billion | ▲ +2.1 pp |
| 2003 | 85.9% | $530.50 Million | $74.66 Million | $4.95 Billion | ▲ +1.2 pp |
| 2002 | 84.8% | $528.84 Million | $80.56 Million | $4.51 Billion | ▲ +3.4 pp |
| 2001 | 81.3% | $459.20 Million | $85.79 Million | $4.46 Billion | ▲ +2.9 pp |
| 2000 | 78.4% | $427.99 Million | $92.26 Million | $4.42 Billion | ▲ +4.0 pp |
| 1999 | 74.5% | $400.14 Million | $102.10 Million | $4.25 Billion | ▼ -5.2 pp |
| 1998 | 79.6% | $496.62 Million | $101.10 Million | $4.40 Billion | ▲ +1.0 pp |
| 1997 | 78.7% | $505.97 Million | $108.00 Million | $4.13 Billion | ▲ +3.1 pp |
| 1996 | 75.5% | $484.40 Million | $118.60 Million | $3.86 Billion | ▲ +3.1 pp |
| 1995 | 72.4% | $470.20 Million | $129.80 Million | $3.66 Billion | ▲ +6.7 pp |
| 1994 | 65.7% | $412.00 Million | $141.50 Million | $3.29 Billion | ▼ -3.7 pp |
| 1993 | 69.3% | $429.90 Million | $131.90 Million | $3.15 Billion | ▲ +12.6 pp |
| 1992 | 56.7% | $357.10 Million | $154.70 Million | $2.89 Billion | ▲ +14.9 pp |
| 1991 | 41.8% | $304.50 Million | $177.20 Million | $2.70 Billion | ▲ +214.2 pp |
| 1990 | -172.3% | $71.60 Million | $195.00 Million | $2.54 Billion | — |