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Principal Financial Group PFG Term Life Insurance — Deferred Policy Acquisition Costs Additions

Other product segments

Universal Life
$19.8M-10.0%
Variable Annuity
$18.8M-14.5%
Individual Disability
$17.9M-2.2%
Workplace Savings And Retirement Solutions
$11.3M-15.0%
Investment Only
$2.2M+100%
Participating Life Insurance Policy
$400K+33.3%
Pension Risk Transfer
$200K-86.7%

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HMNTerm Life — Deferred policy acquisition costs
$35.9M+4.1%

Other financials

Income statement

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Revenue$3.5B-4.5%
Net income$424.6M+783%
EPS (diluted)$1.93+819%

Balance sheet

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Cash & equivalents$4.1B+4.6%
Total debt$3.9B-9.3%
Total equity$11.8B+5.3%
Total assets$332.70B+6.3%

Cash flow

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Operating cash flow$187.1M-80.9%

Valuation

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Market cap$23.28B+36.3%
Enterprise value$23.17B+33.5%
P/E14.9×-0.1×
P/S1.5×+0.4×

Profitability

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Net margin10.1%+3.2pp

Returns & leverage

See full
Return on equity13.6%+3.9pp
Debt / equity0.3×-0.1×

Where this comes from

Reported directly by Principal Financial Group in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsAdditions.

The official record: Principal Financial Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Principal Financial Group's term life insurance — deferred policy acquisition costs additions?
Principal Financial Group (PFG) reported term life insurance — deferred policy acquisition costs additions of $17.8M in Q1 2026.
How has Principal Financial Group's term life insurance — deferred policy acquisition costs additions changed year-over-year?
Principal Financial Group's term life insurance — deferred policy acquisition costs additions decreased by 0.6% year-over-year, from $17.9M to $17.8M.
What is the long-term trend for Principal Financial Group's term life insurance — deferred policy acquisition costs additions?
Over 4 years (2021 to 2025), Principal Financial Group's term life insurance — deferred policy acquisition costs additions has grown at a -12.1% compound annual growth rate (CAGR), from $126.5M to $75.6M.
What does term life insurance — deferred policy acquisition costs additions mean?
This represents the total amount of new acquisition costs capitalized during the reporting period for term life insurance policies. These costs are deferred to match the expense recognition with the revenue generated over the life of the policy. It serves as a leading indicator of the company's investment in new business growth.