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MetLife

METNYSEStock Fundamentals

MetLife is a global financial services leader providing life insurance, annuities, employee benefits, and institutional asset management. The company serves individual and institutional customers across the U.S., Asia, Latin America, and EMEA, leveraging a massive general account portfolio as one of the largest institutional investors in the United States. Its core value proposition centers on a trusted global brand and a diversified business model designed to deliver all-weather performance through its New Frontier strategy.

Market Cap$50.6B
Revenue TTM$77.6B
Net Income TTM$3.6B
P/E Ratio13.98
Net Margin4.66%
EPS TTM$5.17
Employees45.0K
CEOMichel Abbas Khalaf
CountryUnited States of America
Financial Services
Insurance - Life
SegmentsInsurance, Asset Management, Retirement Services
Business ModelsB2B2C, Institutional Asset Management, Underwriting, Investment Management
Most Recent EarningsMay 6, 2026 · 8 days agoQ1 2026
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Next EarningsAug 5, 2026 · in 3 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

ROE13.2%
D/E55.82%
Total Debt$15.3B
Cash$22.7B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Group Benefits

primary

Provides a diverse range of protection products and services to U.S. employers and their employees. The segment focuses on both employer-paid and voluntary products to help organizations manage benefit programs and employees protect their financial well-being.

Products

Term Life Insurance, Variable Life Insurance, Universal Life Insurance, Dental, Disability, Accident & Health Insurance, Vision, Prepaid Legal Plans, Pet Insurance

Customers

Large U.S. employers, U.S. Government, Sponsoring associations, Affinity groups

Retirement and Income Solutions (RIS)

major

Offers funding and financing solutions to institutional customers to manage liabilities associated with employee benefit programs. This segment utilizes life and annuity-based products to provide risk mitigation and capital market investment solutions.

Products

Stable Value Products, Pension Risk Transfers, Institutional Income Annuities, Structured Settlements, Group Deferred Annuities, Longevity Reinsurance Solutions, Funded Reinsurance Solutions, Funding agreement-backed notes

Customers

Benefit plan sponsors, Banks, Insurance companies, Federal Home Loan Bank of New York

International (Asia, Latin America, EMEA)

major

Provides life insurance, accident and health, and retirement products across developed and emerging markets outside the U.S. Operations are tailored to local market needs, ranging from face-to-face agency models in Japan to bancassurance and digital sales in Latin America.

Products

Whole Life, Endowments, Credit Insurance, Hospitalization and Cancer Coverage, Fixed and Variable Annuities

Customers

Individual retail customers, Government employees, Corporate group customers

MetLife Investment Management (MIM)

moderate

A dedicated institutional asset management segment providing public and private fixed income, real estate, and equity solutions. It serves third-party institutional investors globally while also managing MetLife's general account.

Products

Separately managed accounts, Open-ended and close-ended funds, Public Fixed Income, Private Fixed Income, Real Estate Debt and Equity, Multi-Asset Solutions

Customers

Pension plans, Sovereign wealth funds, Endowments, Foundations, Family offices, Insurance companies

Segment Financials

Group Benefits — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Net Investment Income

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Group Benefits — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Other Operating Expense

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Group Benefits — Other segment expenses (2)

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RIS — Net Investment Income

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RIS — Other Income

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RIS — Insurance Commissions and Fees

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Latin America — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Net Investment Income

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Latin America — Benefit payments

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Latin America — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Benefit, Claim, Loss and Settlement Expenses

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MIM — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Net Investment Income

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MIM — Total Revenues

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MIM — Net Investment Income

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Business Overview

Competitive Position

MetLife is a market leader in U.S. group insurance and maintains a top-tier global presence in life insurance and institutional asset management.

Geographies

United States, Japan, Mexico, Chile, United Kingdom, Turkey, France

Customer Segments

Fortune 500 Companies, Government Entities, Retail Consumers, Institutional Investors

Upstream Dependencies

Capital markets, Actuarial data providers, Technology and AI infrastructure, Reinsurance providers

Downstream Customers

Corporate employees, Retirees, Pension fund participants, Institutional asset owners

Competitors & Partners

Partners

F

Federal Home Loan Bank of New York

Issuer of funding agreements to MetLife insurance subsidiaries

Federal Agricultural Mortgage logo

Federal Agricultural Mortgage

AGM

Issuer of funding agreements to MetLife insurance subsidiaries

Subsidiaries

P

PineBridge Investments

Global asset manager acquired to accelerate growth in MIM

M

Metropolitan Life Insurance Company

Principal U.S. insurance subsidiary

M

Metropolitan Tower Life Insurance Company

U.S. insurance subsidiary

A

American Life Insurance Company

International insurance subsidiary

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MetLife FAQ

Common questions about MetLife

MetLife is a global financial services leader providing life insurance, annuities, employee benefits, and institutional asset management. The company serves individual and institutional customers across the U.S., Asia, Latin America, and EMEA, leveraging a massive general account portfolio as one of the largest institutional investors in the United States. Its core value proposition centers on a trusted global brand and a diversified business model designed to deliver all-weather performance through its New Frontier strategy.

MetLife (MET) has a market capitalization of $50.6B and trades on NYSE.

MetLife generated $77.6B in trailing twelve-month revenue with net income of $3.6B, representing a net margin of 4.7%. These figures are based on the Q1 2026 filing.

MetLife's key competitors include AFLAC Incorporated, BlackRock, Inc., Prudential Financial, Inc., and others. These companies compete in similar markets and product categories.

MetLife has approximately 45,000 employees.