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Cincinnati Financial CINF Universal life — Capitalized deferred policy acquisition costs

Other product segments

Term Life Insurance
$9M0.0%
Whole Life Insurance
$2M0.0%
Deferred Fixed Annuity
$0

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PFGUniversal Life — Deferred Policy Acquisition Costs Excluding Short Duration Contracts
$1.51B-1.0%

Other financials

Income statement

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Revenue$2.9B+11.6%
Net income$274.0M+404%
EPS (diluted)$1.75+407%

Balance sheet

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Cash & equivalents$1.2B+19.8%
Total debt$791.0M+0.1%
Total equity$15.7B+14.6%
Total assets$41.2B+10.6%

Cash flow

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Operating cash flow$656.0M+112%
CapEx$2.0M-33.3%
Free cash flow$654.0M+113%

Valuation

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Market cap$28.64B+30.4%
Enterprise value$28.22B+29.7%
P/E10.4×-1.7×
P/S2.2×+0.3×

Profitability

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Net margin21.3%+8.1pp
FCF margin26.6%+3.0pp

Returns & leverage

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Return on equity18.7%+7.8pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Cincinnati Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsAdditions.

The official record: Cincinnati Financial’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cincinnati Financial's universal life — capitalized deferred policy acquisition costs?
Cincinnati Financial (CINF) reported universal life — capitalized deferred policy acquisition costs of $0 in Q1 2026.
How has Cincinnati Financial's universal life — capitalized deferred policy acquisition costs changed year-over-year?
Cincinnati Financial's universal life — capitalized deferred policy acquisition costs decreased by 100.0% year-over-year, from $1M to $0.
What is the long-term trend for Cincinnati Financial's universal life — capitalized deferred policy acquisition costs?
Over 4 years (2021 to 2025), Cincinnati Financial's universal life — capitalized deferred policy acquisition costs has grown at a -15.9% compound annual growth rate (CAGR), from $2M to $1M.
What does universal life — capitalized deferred policy acquisition costs mean?
This metric tracks the new costs incurred during the period that are eligible for capitalization as deferred policy acquisition costs. It represents the immediate investment made to secure new policies that will be recognized as expenses over time. This reflects the company's current sales and marketing intensity.