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Principal Financial Group PFG Universal Life — Deferred Policy Acquisition Cost Amortization Expense

Other product segments

Term Life Insurance
$16M+2.6%
Individual Disability
$13.7M+3.0%
Variable Annuity
$9.6M+17.1%
Workplace Savings And Retirement Solutions
$9.5M+1.1%
Deferred Fixed Annuity
$4.1M-6.8%
Participating Life Insurance Policy
$1.9M-9.5%
Investment Only
$1.2M-7.7%
Pension Risk Transfer
$400K+33.3%

Similar metrics at other companies

Security National Financial Corporation logo
SNFCAUniversal Life — Deferred Policy Acquisition Cost Amortization Expense
$82.25K+8.1%
F&G Annuities & Life logo
FGUniversal life — Deferred Policy Acquisition Costs, Amortization Expense
$16M+33.3%
Brighthouse Financial logo
BHFUniversal Life Insurance — Deferred Policy Acquisition Costs, Amortization Expense
$10M0.0%
Cincinnati Financial logo
CINFUniversal life — Deferred Policy Acquisition Costs, Amortization Expense
$1M0.0%
Fidelity National Financial logo
FNFUniversal Life — Deferred Policy Acquisition Costs, Amortization Expense
$16M+33.3%
F&G Annuities & Life logo
FGUniversal life — Deferred Policy Acquisition Cost
$1.08B+29.1%

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

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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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 universal life — deferred policy acquisition cost amortization expense?
Principal Financial Group (PFG) reported universal life — deferred policy acquisition cost amortization expense of $23.6M in Q1 2026.
How has Principal Financial Group's universal life — deferred policy acquisition cost amortization expense changed year-over-year?
Principal Financial Group's universal life — deferred policy acquisition cost amortization expense decreased by 0.8% year-over-year, from $23.8M to $23.6M.
What is the long-term trend for Principal Financial Group's universal life — deferred policy acquisition cost amortization expense?
Over 4 years (2021 to 2025), Principal Financial Group's universal life — deferred policy acquisition cost amortization expense has grown at a -0.5% compound annual growth rate (CAGR), from $96.4M to $94.6M.
What does universal life — deferred policy acquisition cost amortization expense mean?
This represents the periodic charge to the income statement reflecting the systematic recognition of previously capitalized acquisition costs. It aligns the expense of acquiring policies with the revenue generated over the life of those policies. Consistent amortization is essential for matching expenses to the revenue streams of the universal life portfolio.