Is HORACE MANN EDUCATORS CORP /DE/ (HMN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 38.1% | |
| Operating Margin | 12.8% | |
| Net Margin | 9.5% | |
| Return on Equity (ROE) | 11.7% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $553M |
| Free Cash Flow | $553M |
| Total Debt | $593M |
| Debt-to-Equity | 110.1 |
| Current Ratio | 1.7 |
| Total Assets | $15.3B |
Price & Trading
| Last Close | $42.87 |
| 50-Day MA | $42.99 |
| 200-Day MA | $44.07 |
| Avg Volume | 254K |
| Beta | 0.0 |
|
52-Week Range
$38.76
| |
About HORACE MANN EDUCATORS CORP /DE/ (HMN)
Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. The Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; standard auto coverage including liability, collision, and comprehensive; property coverage for homeowners and renters. The Life & Retirement segment sells tax-qualified fixed, fixed indexed, and variable annuities; the Horace Mann Retirement Advantage open architecture platform and other defined contribution plans; traditional term, whole life insurance products, and indexed universal life (IUL) products. This segment also offers Life by Design, a portfolio of individual whole life and individual term insurance products that address the financial planning needs of educators; Life Select, a combination product that mixes a base of either traditional whole life, 20-pay life, or life paid-up at age 65 with a variety of term riders; single premium whole life products; and cash value term. The Supplemental & Group Benefits segment offers employer-sponsored products, including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverages. The company offers individual protection and savings solutions, including auto insurance, property insurance, liability insurance, 403(b) retirement plans, mutual funds, life insurance, student loan solutions, credit monitoring, and financial wellness workshops. It distributes its products and services through agents, brokers, benefit specialists, direct and digital channels. The company was founded in 1945 and is headquartered in Springfield, Illinois.
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Frequently Asked Questions
Is HORACE MANN EDUCATORS CORP /DE/ (HMN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), HORACE MANN EDUCATORS CORP /DE/ is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is HORACE MANN EDUCATORS CORP /DE/'s debt ratio?
HORACE MANN EDUCATORS CORP /DE/'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are HORACE MANN EDUCATORS CORP /DE/'s key financial metrics?
HORACE MANN EDUCATORS CORP /DE/ has a market capitalization of $1.7B, trailing P/E ratio of 10.8, and revenue of $1.6B. The company maintains a gross margin of 38.1% and a net margin of 9.5%. Return on equity stands at 11.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.