Products & Services · Deferred Policy Acquisition Cost Amortization Expense

Investment Only — Deferred Policy Acquisition Cost Amortization Expense

Principal Financial Group Investment Only — Deferred Policy Acquisition Cost Amortization Expense decreased by 7.7% to $1.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.7%, from $1.30M to $1.20M. Over 4 years (FY 2021 to FY 2025), Investment Only — Deferred Policy Acquisition Cost Amortization Expense shows an upward trend with a 8.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase in amortization expense typically reflects a larger or maturing portfolio of investment contracts, whereas a decrease may indicate a shrinking book of business or changes in expected contract life assumptions.

Detailed definition

This represents the periodic expense recognized in the income statement as the capitalized acquisition costs are systema...

Peer comparison

Standardized across the insurance industry as 'Amortization of Deferred Policy Acquisition Costs' within the operating expenses section of the income statement.

Metric ID: pfg_segment_investment_only_deferred_policy_acquisition_cost_amortization_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$900.00K$900.00K$900.00K$1.15M$1.15M$1.15M$1.15M$1.20M$1.10M$1.30M$1.10M$1.30M$1.20M$1.20M$1.30M$1.30M$1.20M$1.20M$1.30M$1.20M
QoQ Change+0.0%+0.0%+27.8%+0.0%+0.0%+0.0%+4.3%-8.3%+18.2%-15.4%+18.2%-7.7%+0.0%+8.3%+0.0%-7.7%+0.0%+8.3%-7.7%
YoY Change+27.8%+27.8%+27.8%+4.3%-4.3%+13.0%-4.3%+8.3%+9.1%-7.7%+18.2%+0.0%+0.0%+0.0%+0.0%-7.7%
Range$900.00K$1.30M
CAGR+6.2%
Avg YoY Growth+7.0%
Median YoY Growth+2.2%

Frequently Asked Questions

What is Principal Financial Group's investment only — deferred policy acquisition cost amortization expense?
Principal Financial Group (PFG) reported investment only — deferred policy acquisition cost amortization expense of $1.20M in Q1 2026.
How has Principal Financial Group's investment only — deferred policy acquisition cost amortization expense changed year-over-year?
Principal Financial Group's investment only — deferred policy acquisition cost amortization expense decreased by 7.7% year-over-year, from $1.30M to $1.20M.
What is the long-term trend for Principal Financial Group's investment only — deferred policy acquisition cost amortization expense?
Over 4 years (2021 to 2025), Principal Financial Group's investment only — deferred policy acquisition cost amortization expense has grown at a 8.6% compound annual growth rate (CAGR), from $3.60M to $5.00M.
What does investment only — deferred policy acquisition cost amortization expense mean?
The portion of previously capitalized acquisition costs that is recognized as an expense during the current period.