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Aflac AFL Accident — Deferred policy acquisition costs

Other product segments

Medical and other health
$1.81B-7.1%
Critical care
$1.35B+0.4%
Life insurance
$738M+5.3%
Disability
$640M+0.6%
Hospital indemnity
$463M+2.0%
Dental/vision
$87M+1.2%
Other
$50M-7.4%

Similar metrics at other companies

Security National Financial Corporation logo
SNFCADeferred policy acquisition costs
$137.6M+5.8%
PRA
PRADeferred policy acquisition costs
$60.34M-1.5%
SiriusPoint logo
SPNTDeferred policy acquisition costs
$403.4M+9.2%
Hamilton Insurance Group, Ltd. logo
HGDeferred policy acquisition costs
$291.31M+20.2%
MGIC Investment Corp. logo
MTGDeferred policy acquisition costs
$7.96M-28.4%
Universal Insurance Holdings logo
UVEDeferred policy acquisition costs
$126.16M+8.9%

Other financials

Income statement

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Revenue$4.3B+27.9%
Net income$1.0B+3,414%
EPS (diluted)$1.98+3,860%

Balance sheet

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Cash & equivalents$5.7B+8.1%
Total debt$8.0B+1.8%
Total equity$30.0B+13.8%
Total assets$116.28B-3.3%

Cash flow

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Operating cash flow$968.0M+64.3%

Valuation

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Market cap$59.68B+9.5%
Enterprise value$62.02B+9.7%
P/E12.9×-9.5×
P/S3.3×-0.1×

Profitability

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Net margin25.6%+4.3pp

Returns & leverage

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Return on equity16.5%+2.1pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The official record: Aflac’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aflac's accident — deferred policy acquisition costs?
Aflac (AFL) reported accident — deferred policy acquisition costs of $904M in Q1 2026.
How has Aflac's accident — deferred policy acquisition costs changed year-over-year?
Aflac's accident — deferred policy acquisition costs decreased by 0.9% year-over-year, from $912M to $904M.
What is the long-term trend for Aflac's accident — deferred policy acquisition costs?
Over 2 years (2023 to 2025), Aflac's accident — deferred policy acquisition costs has grown at a -0.2% compound annual growth rate (CAGR), from $3.65B to $3.64B.
What does accident — deferred policy acquisition costs mean?
Represents the capitalized costs associated with acquiring new insurance policies, such as commissions and underwriting expenses. These costs are deferred on the balance sheet and amortized over the expected life of the policy to match expenses with related premium revenue.