Kemper Corp. (KMPR) intrinsic value & 10-year financials
Kemper Corp. (KMPR) has a Graham intrinsic value of $76.06 per share. At $29.27 on Oct 17, 2026, the stock trades 62% below that value. Over the last 10 fiscal years revenue grew 7.4% a year to $4.8B, with an average return on invested capital of 3.3%.
- Graham intrinsic value
- $76.06
- Share price (Oct 17, 2026)
- $29.27
- Price vs Graham value
- 62% below
- Market cap
- $1.8B
- Revenue (FY2025)
- $4.8B
- Revenue growth (10-yr CAGR)
- 7.4%
- ROIC (10-yr avg)
- 3.3%
- Free cash flow (FY2025)
- $553.9M
KMPR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.8B | $143.3M | $2.29 | $553.9M | — | 3.8% |
| FY2024 | $4.6B | $317.8M | $4.91 | $329.7M | — | 8.0% |
| FY2023 | $4.9B | -$272.1M | -$4.25 | -$188.0M | -1.4% | -1.5% |
| FY2022 | $5.6B | -$301.2M | -$4.72 | -$241.1M | -4.0% | -4.0% |
| FY2021 | $5.8B | -$120.5M | -$1.87 | $292.9M | -6.4% | -3.5% |
| FY2020 | $5.2B | $409.9M | $6.14 | $394.6M | 10.5% | 8.7% |
| FY2019 | $5.0B | $531.1M | $7.96 | $450.3M | 10.3% | 9.8% |
| FY2018 | $3.7B | $190.1M | $3.22 | $473.9M | 7.7% | 8.3% |
| FY2017 | $2.7B | $120.9M | $2.33 | $205.1M | 4.4% | 3.4% |
| FY2016 | $2.5B | $16.8M | $0.33 | — | 0.1% | 0.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
KEMPER Corp has demonstrated mature, steady growth, with revenue compounding at 7.4% annually over the past decade.
KEMPER Corp has historically struggled to out-earn its cost of capital, averaging just 3.3% ROIC.
KEMPER Corp has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, KEMPER Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $76.06 per share.