Non-Current Assets
Present Value of Future Insurance Profits, Net
MetLife Present Value of Future Insurance Profits, Net decreased by 4.1% to $1.32B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.2%, from $1.48B to $1.32B. Over 5 years (FY 2020 to FY 2025), Present Value of Future Insurance Profits, Net shows a downward trend with a -14.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
A decrease over time is expected as the value is amortized, while sudden changes often follow M&A activity.
Detailed definition
VOBA represents the present value of future profits expected from a block of insurance contracts acquired in a business...
Peer comparison
Commonly seen in companies that have recently completed significant acquisitions in the life or annuity space.
Metric ID:
non_current_assets_value_of_business_acquired_vobaHistorical Data
18 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.39B | $2.30B | $2.01B | $1.88B | $2.01B | $2.00B | $1.86B | $1.73B | $1.76B | $1.60B | $1.52B | $1.62B | $1.45B | $1.48B | $1.51B | $1.44B | $1.37B | $1.32B |
| QoQ Change | — | -3.7% | -12.7% | -6.7% | +7.1% | -0.5% | -7.1% | -6.8% | +1.9% | -9.0% | -5.4% | +6.7% | -10.5% | +2.4% | +1.5% | -4.2% | -4.7% | -4.1% |
| YoY Change | — | — | — | — | -16.0% | -13.2% | -7.7% | -7.7% | -12.2% | -19.7% | -18.2% | -6.4% | -17.8% | -7.5% | -0.8% | -10.9% | -5.2% | -11.2% |
Range$1.32B – $2.39B
CAGR-13.1%
Avg YoY Growth-11.0%
Median YoY Growth-11.1%
Current Streak3 quarters decline
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Asia | $945.00M | $1.05B | $935.00M | $966.00M | $983.00M | $946.00M | $875.00M | $847.00M |
| Latin America | $439.00M | $443.00M | $393.00M | $400.00M | $401.00M | $381.00M | $393.00M | $370.00M |
| EMEA | $103.00M | $102.00M | $94.00M | $93.00M | $97.00M | $92.00M | $91.00M | $87.00M |
| RIS | $15.00M | $14.00M | $13.00M | $12.00M | $12.00M | $11.00M | $10.00M | $9.00M |
| Corporate And Other | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.00M | $5.00M |
| Group Benefits | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $1.52B | $1.62B | $1.45B | $1.48B | $1.51B | $1.44B | $1.37B | $1.32B |
Present Value of Future Insurance Profits, Net at Other Companies
Frequently Asked Questions
- What is MetLife's present value of future insurance profits, net?
- MetLife (MET) reported present value of future insurance profits, net of $1.32B in Q1 2026.
- How has MetLife's present value of future insurance profits, net changed year-over-year?
- MetLife's present value of future insurance profits, net decreased by 11.2% year-over-year, from $1.48B to $1.32B.
- What is the long-term trend for MetLife's present value of future insurance profits, net?
- Over 5 years (2020 to 2025), MetLife's present value of future insurance profits, net has grown at a -14.1% compound annual growth rate (CAGR), from $2.94B to $1.37B.
- What does present value of future insurance profits, net mean?
- The estimated future profit potential of an insurance business portfolio acquired from another company.