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Aflac AFL Disability — Deferred policy acquisition costs

Other product segments

Medical and other health
$1.81B-7.1%
Critical care
$1.35B+0.4%
Accident
$904M-0.9%
Life insurance
$738M+5.3%
Hospital indemnity
$463M+2.0%
Dental/vision
$87M+1.2%
Other
$50M-7.4%

Similar metrics at other companies

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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%
ASI
ASICDeferred policy acquisition costs
$33.84M+37.1%
MGIC Investment Corp. logo
MTGDeferred policy acquisition costs
$7.96M-28.4%

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 disability — deferred policy acquisition costs?
Aflac (AFL) reported disability — deferred policy acquisition costs of $640M in Q1 2026.
How has Aflac's disability — deferred policy acquisition costs changed year-over-year?
Aflac's disability — deferred policy acquisition costs increased by 0.6% year-over-year, from $636M to $640M.
What is the long-term trend for Aflac's disability — deferred policy acquisition costs?
Over 2 years (2023 to 2025), Aflac's disability — deferred policy acquisition costs has grown at a 1.5% compound annual growth rate (CAGR), from $2.48B to $2.55B.
What does disability — deferred policy acquisition costs mean?
This represents the unamortized portion of costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses. These costs are capitalized on the balance sheet and recognized as an expense over the expected life of the policy to match revenue recognition.