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CNA Financial CNA Commercial — Amortization of deferred acquisition costs

Other segment segments

Specialty
$197M+4.2%
International
$73M+15.9%
Corporate & Other
$0
Life & Group
$0

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$3.25M+550%
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EGInsurance — Amortization of Deferred Acquisition Costs
$122M+11.2%
LTR
LTRCNA Financial — Amortization of deferred acquisition costs

Other financials

Income statement

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Revenue$3.7B+1.4%
Net income$211.0M-23.0%
EPS (diluted)$0.78-22.0%

Balance sheet

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Cash & equivalents$522.0M+8.1%
Total debt$3.0B-0.1%
Total equity$10.9B+5.6%
Total assets$68.6B+1.8%

Cash flow

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Operating cash flow$393.0M-38.4%
CapEx$13.0M-27.8%
Free cash flow$380.0M-38.7%

Valuation

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Market cap$12.04B-9.7%
Enterprise value$14.49B-8.4%
P/E9.9×-5.0×
P/S0.8×-0.1×

Profitability

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Net margin8.1%+1.9pp
FCF margin14.4%-3.7pp

Returns & leverage

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Return on equity11.5%+2.5pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by CNA Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The official record: CNA Financial’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CNA Financial's commercial — amortization of deferred acquisition costs?
CNA Financial (CNA) reported commercial — amortization of deferred acquisition costs of $206M in Q1 2026.
How has CNA Financial's commercial — amortization of deferred acquisition costs changed year-over-year?
CNA Financial's commercial — amortization of deferred acquisition costs decreased by 5.9% year-over-year, from $219M to $206M.
What is the long-term trend for CNA Financial's commercial — amortization of deferred acquisition costs?
Over 4 years (2021 to 2025), CNA Financial's commercial — amortization of deferred acquisition costs has grown at a 9.5% compound annual growth rate (CAGR), from $594M to $853M.
What does commercial — amortization of deferred acquisition costs mean?
The periodic expensing of costs incurred to acquire new insurance policies.
How do you interpret commercial — amortization of deferred acquisition costs?
Increasing amortization often correlates with higher past sales volume and growth in the insurance portfolio.
How does commercial — amortization of deferred acquisition costs compare across companies?
Standard accounting metric for all insurance companies under GAAP.