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Aflac AFL Medical and other health — Deferred policy acquisition costs

Other product segments

Critical care
$1.35B+0.4%
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

Globe Life logo
GLHealth — Deferred Policy Acquisition Costs
$548.64M+3.7%
Globe Life logo
GLOther — Deferred acquisition costs
$288.67M-1.4%
American Financial Group logo
AFGOther — Deferred policy acquisition costs
$15M-21.1%
American Financial Group logo
AFGProperty and casualty insurance — Deferred policy acquisition costs
$333M+4.1%
Globe Life logo
GLHealth — Deferred acquisition costs
$865.28M+7.1%
U-Haul Holding logo
UHAL.BHealth Insurance Product Line — Deferred Policy Acquisition Costs

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$58.77B-6.9%
Enterprise value$61.11B-7.0%
P/E12.7×-4.9×
P/S3.2×-0.5×

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 medical and other health — deferred policy acquisition costs?
Aflac (AFL) reported medical and other health — deferred policy acquisition costs of $1.81B in Q1 2026.
How has Aflac's medical and other health — deferred policy acquisition costs changed year-over-year?
Aflac's medical and other health — deferred policy acquisition costs decreased by 7.1% year-over-year, from $1.94B to $1.81B.
What is the long-term trend for Aflac's medical and other health — deferred policy acquisition costs?
Over 2 years (2023 to 2025), Aflac's medical and other health — deferred policy acquisition costs has grown at a -2.4% compound annual growth rate (CAGR), from $8.11B to $7.72B.
What does medical and other health — deferred policy acquisition costs mean?
The portion of policy acquisition costs that have been paid but not yet recognized as an expense.
How do you interpret medical and other health — deferred policy acquisition costs?
An increase suggests higher investment in new business growth, while a decrease may indicate lower sales volume or accelerated amortization.
How does medical and other health — deferred policy acquisition costs compare across companies?
Standard across life and health insurers as Deferred Acquisition Costs (DAC).