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Side-by-side financial comparison of HORACE MANN EDUCATORS CORP (HMN) and TRIMAS CORP (TRS). Click either name above to swap in a different company.

HORACE MANN EDUCATORS CORP is the larger business by last-quarter revenue ($434.8M vs $256.5M, roughly 1.7× TRIMAS CORP). On growth, HORACE MANN EDUCATORS CORP posted the faster year-over-year revenue change (6.3% vs 3.8%). Over the past eight quarters, HORACE MANN EDUCATORS CORP's revenue compounded faster (6.1% CAGR vs 3.3%).

Horace Mann is an Illinois-based auto, property, supplemental and life insurance, as well as financial services company that focuses on retirement annuities and mutual funds. Horace Mann primarily works with educators and their families.

Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.

HMN vs TRS — Head-to-Head

Bigger by revenue
HMN
HMN
1.7× larger
HMN
$434.8M
$256.5M
TRS
Growing faster (revenue YoY)
HMN
HMN
+2.5% gap
HMN
6.3%
3.8%
TRS
Faster 2-yr revenue CAGR
HMN
HMN
Annualised
HMN
6.1%
3.3%
TRS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HMN
HMN
TRS
TRS
Revenue
$434.8M
$256.5M
Net Profit
$81.7M
Gross Margin
12.8%
Operating Margin
10.5%
5.7%
Net Margin
31.9%
Revenue YoY
6.3%
3.8%
Net Profit YoY
236.9%
EPS (diluted)
$0.87
$2.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HMN
HMN
TRS
TRS
Q1 26
$256.5M
Q4 25
$434.8M
$-140.0M
Q3 25
$438.5M
$269.3M
Q2 25
$411.7M
$274.8M
Q1 25
$416.4M
$241.7M
Q4 24
$409.0M
$-66.2M
Q3 24
$412.1M
$229.4M
Q2 24
$388.1M
$240.5M
Net Profit
HMN
HMN
TRS
TRS
Q1 26
$81.7M
Q4 25
$81.7M
Q3 25
$58.3M
$9.3M
Q2 25
$29.4M
$16.7M
Q1 25
$38.2M
$12.4M
Q4 24
$5.6M
Q3 24
$34.3M
$2.5M
Q2 24
$3.8M
$10.9M
Gross Margin
HMN
HMN
TRS
TRS
Q1 26
12.8%
Q4 25
Q3 25
12.8%
Q2 25
13.8%
Q1 25
13.6%
Q4 24
Q3 24
15.4%
Q2 24
14.4%
Operating Margin
HMN
HMN
TRS
TRS
Q1 26
5.7%
Q4 25
10.5%
Q3 25
16.3%
6.2%
Q2 25
8.9%
9.9%
Q1 25
11.4%
9.0%
Q4 24
11.8%
Q3 24
10.4%
3.6%
Q2 24
1.2%
7.4%
Net Margin
HMN
HMN
TRS
TRS
Q1 26
31.9%
Q4 25
-58.4%
Q3 25
13.3%
3.5%
Q2 25
7.1%
6.1%
Q1 25
9.2%
5.1%
Q4 24
-8.5%
Q3 24
8.3%
1.1%
Q2 24
1.0%
4.5%
EPS (diluted)
HMN
HMN
TRS
TRS
Q1 26
$2.03
Q4 25
$0.87
$2.01
Q3 25
$1.40
$0.23
Q2 25
$0.71
$0.41
Q1 25
$0.92
$0.30
Q4 24
$0.92
$0.14
Q3 24
$0.83
$0.06
Q2 24
$0.09
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HMN
HMN
TRS
TRS
Cash + ST InvestmentsLiquidity on hand
$27.5M
$30.0M
Total DebtLower is stronger
$593.4M
Stockholders' EquityBook value
$1.5B
$705.6M
Total Assets
$15.3B
$1.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HMN
HMN
TRS
TRS
Q1 26
$30.0M
Q4 25
$27.5M
$30.0M
Q3 25
$46.7M
$33.6M
Q2 25
$30.3M
Q1 25
$32.7M
Q4 24
$38.1M
$23.1M
Q3 24
$26.9M
Q2 24
$35.0M
Total Debt
HMN
HMN
TRS
TRS
Q1 26
Q4 25
$593.4M
$469.2M
Q3 25
$842.9M
$407.1M
Q2 25
$547.5M
$424.5M
Q1 25
$547.2M
$434.2M
Q4 24
$547.0M
$398.1M
Q3 24
$546.7M
$409.9M
Q2 24
$546.5M
$427.4M
Stockholders' Equity
HMN
HMN
TRS
TRS
Q1 26
$705.6M
Q4 25
$1.5B
$705.6M
Q3 25
$1.4B
$725.0M
Q2 25
$1.4B
$715.3M
Q1 25
$1.3B
$686.6M
Q4 24
$1.3B
$667.3M
Q3 24
$1.3B
$682.8M
Q2 24
$1.2B
$675.9M
Total Assets
HMN
HMN
TRS
TRS
Q1 26
$1.5B
Q4 25
$15.3B
$1.5B
Q3 25
$15.5B
$1.4B
Q2 25
$14.7B
$1.4B
Q1 25
$14.4B
$1.4B
Q4 24
$14.5B
$1.3B
Q3 24
$14.7B
$1.4B
Q2 24
$14.3B
$1.4B
Debt / Equity
HMN
HMN
TRS
TRS
Q1 26
Q4 25
0.40×
0.66×
Q3 25
0.58×
0.56×
Q2 25
0.40×
0.59×
Q1 25
0.41×
0.63×
Q4 24
0.42×
0.60×
Q3 24
0.42×
0.60×
Q2 24
0.45×
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HMN
HMN
TRS
TRS
Operating Cash FlowLast quarter
$553.2M
$117.5M
Free Cash FlowOCF − Capex
$36.8M
FCF MarginFCF / Revenue
14.4%
Capex IntensityCapex / Revenue
18.9%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$109.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HMN
HMN
TRS
TRS
Q1 26
$117.5M
Q4 25
$553.2M
$41.5M
Q3 25
$151.2M
$36.5M
Q2 25
$131.3M
$30.3M
Q1 25
$140.8M
$9.2M
Q4 24
$452.1M
$27.1M
Q3 24
$143.9M
$22.0M
Q2 24
$40.2M
$18.4M
Free Cash Flow
HMN
HMN
TRS
TRS
Q1 26
$36.8M
Q4 25
$36.8M
Q3 25
$22.8M
Q2 25
$13.2M
Q1 25
$-3.8M
Q4 24
$12.1M
Q3 24
$10.2M
Q2 24
$7.5M
FCF Margin
HMN
HMN
TRS
TRS
Q1 26
14.4%
Q4 25
-26.3%
Q3 25
8.5%
Q2 25
4.8%
Q1 25
-1.6%
Q4 24
-18.3%
Q3 24
4.4%
Q2 24
3.1%
Capex Intensity
HMN
HMN
TRS
TRS
Q1 26
18.9%
Q4 25
-3.4%
Q3 25
5.1%
Q2 25
6.2%
Q1 25
5.4%
Q4 24
-22.6%
Q3 24
5.2%
Q2 24
4.5%
Cash Conversion
HMN
HMN
TRS
TRS
Q1 26
1.44×
Q4 25
0.51×
Q3 25
2.59×
3.92×
Q2 25
4.47×
1.81×
Q1 25
3.69×
0.74×
Q4 24
4.80×
Q3 24
4.20×
8.71×
Q2 24
10.58×
1.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HMN
HMN

Property And Casualty$224.3M52%
Life And Retirement$139.6M32%
Supplemental And Group Benefits$77.0M18%

TRS
TRS

Segment breakdown not available.

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