Discontinued — last reported Q4 '25
Deferred Policy Acquisition Cost And Capitalized Contract Cost Amortization Expense
Principal Financial Group Deferred Policy Acquisition Cost And Capitalized Contract Cost Amortization Expense remained flat by 0.0% to $120.13M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $107.75M to $120.13M. Over 4 years (FY 2021 to FY 2025), Deferred Policy Acquisition Cost And Capitalized Contract Cost Amortization Expense shows an upward trend with a 4.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher amortization reflects a larger historical book of business being expensed, which improves reported cash flow.
Detailed definition
This metric represents the amortization of costs incurred to acquire new insurance policies, such as commissions and und...
Peer comparison
Standard for insurance companies; peers report this as a key adjustment to reconcile GAAP earnings to cash flow.
operating_deferred_policy_acquisition_cost_and_capitaliz_175ad6Historical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $405.80M | $422.40M | $428.10M | $431.00M | $480.50M |
| YoY Change | — | +4.1% | +1.3% | +0.7% | +11.5% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Segment Benefits And Protection | $64.00M | $64.40M | $63.90M | $64.50M | $64.70M |
| Segment Retirement And Income Solutions | $21.10M | $21.10M | $21.80M | $22.50M | $23.00M |
| Segment Principal Asset Management | $5.80M | $6.40M | $12.70M | $7.50M | $8.30M |
| Total | $120.13M | $120.13M | $120.13M | $120.13M | — |
Deferred Policy Acquisition Cost And Capitalized Contract Cost Amortization Expense at Other Companies
Frequently Asked Questions
- What is Principal Financial Group's deferred policy acquisition cost and capitalized contract cost amortization expense?
- Principal Financial Group (PFG) reported deferred policy acquisition cost and capitalized contract cost amortization expense of $120.13M in Q4 2025.
- How has Principal Financial Group's deferred policy acquisition cost and capitalized contract cost amortization expense changed year-over-year?
- Principal Financial Group's deferred policy acquisition cost and capitalized contract cost amortization expense increased by 11.5% year-over-year, from $107.75M to $120.13M.
- What is the long-term trend for Principal Financial Group's deferred policy acquisition cost and capitalized contract cost amortization expense?
- Over 4 years (2021 to 2025), Principal Financial Group's deferred policy acquisition cost and capitalized contract cost amortization expense has grown at a 4.3% compound annual growth rate (CAGR), from $405.80M to $480.50M.
- What does deferred policy acquisition cost and capitalized contract cost amortization expense mean?
- The non-cash expense of spreading out the costs of acquiring new insurance customers over time.