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Aflac AFL Critical care — Deferred policy acquisition costs

Other product segments

Medical and other health
$1.81B-7.1%
Accident
$904M-0.9%
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

SiriusPoint logo
SPNTDeferred policy acquisition costs
$403.4M+9.2%
Employers Holdings logo
EIGDeferred policy acquisition costs
$57.1M-10.5%
Security National Financial Corporation logo
SNFCADeferred policy acquisition costs
$137.6M+5.8%
PRA
PRADeferred policy acquisition costs
$60.34M-1.5%
ASI
ASICDeferred policy acquisition costs
$33.84M+37.1%
CNA Financial logo
CNADeferred policy acquisition costs
$1.01B+0.9%

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 critical care — deferred policy acquisition costs?
Aflac (AFL) reported critical care — deferred policy acquisition costs of $1.35B in Q1 2026.
How has Aflac's critical care — deferred policy acquisition costs changed year-over-year?
Aflac's critical care — deferred policy acquisition costs increased by 0.4% year-over-year, from $1.35B to $1.35B.
What is the long-term trend for Aflac's critical care — deferred policy acquisition costs?
Over 2 years (2023 to 2025), Aflac's critical care — deferred policy acquisition costs has grown at a 1.0% compound annual growth rate (CAGR), from $5.29B to $5.4B.
What does critical care — deferred policy acquisition costs mean?
Represents the unamortized portion of costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses. These costs are capitalized and recognized as an expense over the life of the policy to match revenue recognition.