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Fidelity National Financial FNF Universal Life — Deferred Policy Acquisition Cost, Capitalization

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PFGUniversal Life — Deferred Policy Acquisition Costs Excluding Short Duration Contracts
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Other financials

Income statement

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Revenue$3.2B+18.2%
Net income$243.0M+193%
EPS (diluted)$0.90+200%

Balance sheet

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Cash & equivalents$2.5B-45.0%
Total debt$4.8B-0.7%
Total equity$7.3B-8.1%
Total assets$111.50B+13.5%

Cash flow

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Operating cash flow$875.0M-21.5%

Valuation

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Market cap$12.6B-29.7%
Enterprise value$14.9B-18.3%
P/E13.1×
P/S0.8×-0.5×

Profitability

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Net margin8.3%

Returns & leverage

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Return on equity14.2%
Debt / equity0.7×0.0×

Where this comes from

Reported directly by Fidelity National Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsAdditions.

The official record: Fidelity National Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Financial's universal life — deferred policy acquisition cost, capitalization?
Fidelity National Financial (FNF) reported universal life — deferred policy acquisition cost, capitalization of $77M in Q1 2026.
How has Fidelity National Financial's universal life — deferred policy acquisition cost, capitalization changed year-over-year?
Fidelity National Financial's universal life — deferred policy acquisition cost, capitalization increased by 11.6% year-over-year, from $69M to $77M.
What is the long-term trend for Fidelity National Financial's universal life — deferred policy acquisition cost, capitalization?
Over 3 years (2022 to 2025), Fidelity National Financial's universal life — deferred policy acquisition cost, capitalization has grown at a 14.2% compound annual growth rate (CAGR), from $196M to $292M.
What does universal life — deferred policy acquisition cost, capitalization mean?
The amount of new sales and acquisition costs added to the balance sheet this period.
How do you interpret universal life — deferred policy acquisition cost, capitalization?
Higher capitalization indicates aggressive investment in new business acquisition, which may lead to higher future revenue.
How does universal life — deferred policy acquisition cost, capitalization compare across companies?
Standard DAC capitalization reported by insurance peers.