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Aflac AFL Amortization of deferred acquisition costs

Amortization of deferred acquisition costs at other companies

Globe Life logo
Globe LifeGL
$120.54M+7.7%
Security National Financial Corporation logo
Security National Financial CorporationSNFCA
$2.79M+6.6%

Segments

By product

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Critical care$40M+2.6%
Accident$37M+2.8%
Disability$31M0.0%
Medical and other health$23M-8.0%
Hospital indemnity$21M+10.5%
Life insurance$19M+11.8%

By segment

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Aflac U.S.$143M+4.4%
Aflac Japan$78M-1.3%
Corporate and other$0

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$64.42B+21.0%
Enterprise value$66.76B+20.7%
P/E13.9×-8.0×
P/S3.6×+0.2×

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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 amortization of deferred acquisition costs?
Aflac (AFL) reported amortization of deferred acquisition costs of $221M in Q1 2026.
How has Aflac's amortization of deferred acquisition costs changed year-over-year?
Aflac's amortization of deferred acquisition costs increased by 2.3% year-over-year, from $216M to $221M.
What is the long-term trend for Aflac's amortization of deferred acquisition costs?
Over 4 years (2021 to 2025), Aflac's amortization of deferred acquisition costs has grown at a 0.1% compound annual growth rate (CAGR), from $869M to $874M.
What does amortization of deferred acquisition costs mean?
This is the non-cash expense recognized as previously capitalized acquisition costs are systematically charged against earnings over the life of the insurance contracts. It reflects the consumption of the asset created when the policy was originally sold.