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MetLife Balance Sheet Statement

Assets, liabilities, and shareholders' equity

MetLife holds $743.21B in total assets. Shareholders' equity is $27.3B against $14.8B in total debt. Cash and equivalents total $22.7B. Based on the Q1 2026 filing.

Total Assets$743.21BTotal Stockholders Equity$27.3BLong Term Debt$14.4BCash And Equivalents$22.7B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$56.4B
P/E Ratio15.57
ROE13.2%

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$33.8B$33.8B$33.8B$32.9B$32.9B$32.9B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss$26.9B$25.3B$25.3B$24.5B$26.3B$28.3B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Accumulated Loss7220.006766.006118.004605.005489.009486.00
Accumulated other comprehensive income (loss)-$21.2B-$20.2B-$19.9B-$17.6B-$18.1B-$19.2B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March&#160;31, 2026 and December&#160;31, 2025, respectively$12M$12M$12M$12M$12M$12M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0$0$0$0$0$0
Treasury Stock, Value$27.8B$29.2B$29.7B$30.2B$30.7B$31.4B
Retained earnings$42.6B$43.1B$43.4B$43.9B$44.3B$45.1B
Total liabilities and stockholders' equity$677.5B$688.3B$702.5B$719.7B$745.2B$743.2B
Total stockholders' equity$27.4B$27.5B$27.7B$28.9B$28.4B$27.3B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)—$12.3B$13.2B$13.3B—$12.6B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)$120B$118.1B$113.7B$112.6B$118.9B$112.5B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$59.8B$53.9B$48.6B$38.2B$43.5B$85.3B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value$120B$118.1B$113.7B$112.6B$118.9B$112.5B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$59.8B$53.9B$48.6B$38.2B$43.5B$85.3B
Assets held for sale$65M$79M$152M$208M$132M$164M
Cash and cash equivalents$20.1B$21.3B$22.2B$20.2B$22B$22.7B
Premiums And Other Receivables Net$29.8B$31.3B$31.5B$40.3B$49.1B$50.3B
Derivative Assets - Fair Value$8.4B$8.8B$7.6B$7.4B$7.2B$7.8B
Equipment Installment Plan Receivables, Gross$89.8B$88.9B$88.1B$87.1B$85.8B$84.9B
Accrued investment income$3.5B$3.6B$3.5B$3.8B$3.7B$3.8B
Trading assets$10.7B$10.7B$11.7B$12.3B$14B$13.4B
Financing Receivables$89.8B$88.9B$88.1B$87.1B$84.6B$83.7B
Loans and Lending Commitments————$84.6B$83.7B
Marketable Equity Securities (FV-NI) - Cost Basis$8.3B$8.6B$9B$9.1B$10.7B$10.6B
Loans held for sale—$0——$35M$35M
Nonaccrual Loans - No Related Allowance$1.7B$2B$2.3B$2.8B$2.6B$2.6B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aggregate Notional Principal Outstanding$265.5B$275.4B$264.8B$263B$251.1B$259.5B
Nonperforming Loans and Leases Percentage$89.8B$88.9B$88.1B$87.1B$85.8B$84.9B
Cumulative Cost Basis$307.4B$315.5B$321.7B$324.8B$337.2B$342.2B
Gross Assets/Liabilities$7.3B$6.8B$7.5B$7.4B$7.5B$7B
Guarantor Obligations - Maximum Exposure—$635M$643M$642M—$628M
Accounts Receivable, after Allowance for Credit Loss$238M$254M$265M$280M$272M$393M
Accumulated Other Comprehensive Income Loss$357M$212M-$1.9B-$1.6B-$2.1B-$1.4B
Balance in trust account$1.3B$1.3B$1.3B$1.5B$1.8B$3.6B
Assets On Deposit Held In Trust And Pledged As Collateral$29.9B$31.7B$32.9B$33.6B$30.8B$33.7B
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$31.2B$29B$29.1B$27.2B$28.2B$31.4B
Gross Unrealized Gains$5B$5.4B$6.2B$7.3B$7.1B$5.6B
Total$307.4B$315.5B$321.7B$324.8B$337.2B$342.2B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10—$53.2B$53.9B$53.5B—$57.6B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10—$51.7B$53.4B$53.5B—$56.5B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$48.6B$48.6B$48.4B—$50.9B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$48.4B$49B$48.9B—$50.8B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10—$128.6B$131.6B$132.4B—$138.5B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10—$109.3B$111.1B$113.6B—$115.8B
Debt Securities, Available-for-Sale, Maturity, without Single Maturity Date, Amortized Cost—$72.6B$74.4B$77B—$82.3B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One—$12.3B$13.2B$13.3B—$12.6B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$12.3B$13.3B$13.4B—$12.7B
Available for sale investments$281B$291.7B$298.7B$304.6B$315.9B$316.1B
Carrying Value of Tax Equity Investments$714M$688M$661M$707M$676M$935M
Collateral Amount Not Provided Due to Downgrade Threshold—$15M$15M$15M—$15M
Common stock, par value (in dollars per share)$0.01$0.01$0.01$0.01$0.01$0.01
Common stock, shares authorized (in shares)3B3B3B3B3B3B
Common stock, shares issued (in shares)1.2B1.2B1.2B1.2B1.2B1.2B
Common Stock, Shares, Outstanding689.2M673.3M666.8M660.7M655.3M646M
Credit Derivative, Maximum Exposure, Undiscounted$11.8B$12.1B$12B$12B$8.9B$14.8B
Credit Risk Derivatives, at Fair Value, Net$196M$201M$233M$232M$152M$196M
Collateral that was sold or repledged—$0$0$0—$0
Debt Designated as Non-derivative Hedging Instrument$267M$281M$290M$284M$268M$264M
Debt Securities, Available-for-Sale, Allowance for Credit Loss$160M$137M$151M$248M$249M$273M
Debt Securities, Available-for-Sale, Amortized Cost, after Allowance for Credit Loss—$315.3B$321.6B$324.6B—$341.9B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss$26.9B$25.3B$25.3B$24.5B$26.3B$28.3B
Less than 12 months$59.8B$53.9B$48.6B$38.2B$43.5B$85.3B
12 months or more$120B$118.1B$113.7B$112.6B$118.9B$112.5B
Number of Securities, Greater than 12 months10468.0010128.009686.009486.009850.009439.00
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$4.3B$3.7B$3.7B$2.7B$1.8B$3B
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss—$29B$29B$27.2B—$31.3B
Deferred Income$4.6B$4.7B$4.9B$5.1B$5.2B$5.2B
Deferred income taxes$132M$430M$430M$574M$536M$382M
Deposit Assets$1.5B$1.5B$1.6B$1.6B$1.4B$1.5B
Margin cash collateral received from counterparties that was not offset against derivative assets$26M$45M$49M$30M$29M$66M
Margin cash collateral provided to counterparties that was not offset against derivative assets or liabilities$86M$86M$74M$77M$68M$75M
Derivative, gross, assets$8.2B$8.6B$7.5B$7.3B$7B$7.7B
Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$53M$225M$74M$83M$32M$112M
Derivatives, gross, liabilities$7.3B$6.8B$7.5B$7.4B$7.5B$7B
Derivative Liability, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$9M$6M$14M$16M$13M$13M
Derivative, Net Liability Position, Aggregate Fair Value$3.3B$3.1B$3.9B$3.6B$4B$3.4B
Notional$265.5B$275.4B$264.8B$263B$251.1B$259.5B
Equity Securities, FV-NI, Unrealized Gains (Losses)$2.4B$2.2B$2.7B$3.2B$3.3B$2.8B
Federal Home Loan Bank stock, at cost$699M$699M$700M$700M$700M$700M
With an allowance$280M$363M$469M$211M$92M$95M
Assets held in trust accounts, reinsurance agreements———$12.5B$22.4B$22.3B
Guarantor obligations, current carrying value$19M$19M$19M$19M$19M$19M
Value of financial guarantee (up to)—$635M$643M$642M—$628M
Income taxes receivable$295M$338M$554M$374M$660M$455M
Liability for Unpaid Claims and Claims Adjustment Expense, Net$13.3B$13.9B$14.2B$14.6B$14.2B$14.6B
Market Risk Benefit, after Increase (Decrease) from Instrument-Specific Credit Risk$2.2B$2.5B$2.4B$2.2B$1.9B$2.1B
Asset$372M$317M$352M$392M$458M$392M
Noncontrolling interests in subsidiaries$258M$262M$242M$247M$282M$271M
Mortgage Loans In Process Of Foreclosure Amount$140M$161M$179M$168M$186M$179M
Net Investment in Lease, after Allowance for Credit Loss$1.9B$1.8B$1.8B$1.6B$1.7B$1.6B
Percentage of Mortgage Loans Classified as Performing98.0%98.0%98.0%98.0%98.0%98.0%
Percentage Of mortgage total recorded investment To Mortgage Loans On Real Estate Commercial And Consumer Net100.9%101.1%101.4%101.5%101.4%101.4%
Percentage Of Mortgage Loans On Real Estate To Mortgage Loans On Real Estate Commercial And Consumer Net100.0%100.0%100.0%100.0%100.0%100.0%
Percentage of total mortgage loans held-for-investments————100.0%100.0%
Percentage of Allowance for Credit Losses for Financing Receivables0.9%1.1%1.4%1.5%1.4%1.4%
Policy liabilities$221.4B$225.6B$232.4B$235.3B$236.9B$239.8B
Liability accrued for policyholder dividends$385M$356M$367M$369M$356M$337M
Preferred stock, liquidation preference, value$3.9B$3.9B$3.9B$2.9B$2.9B—
Preferred Stock, Par or Stated Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Preferred Stock, Shares Authorized200M200M200M200M200M200M
Preferred Stock, Shares Issued25.6M25.6M25.6M24.6M24.6M24.6M
Preferred Stock, Shares Outstanding25.6M25.6M25.6M24.6M24.6M24.6M
Real Estate Investments Joint Ventures$8.4B$8.4B$8.7B$8.7B$8.6B$8.2B
Other real estate investments, Carrying Value$650M$660M$677M$691M$710M$773M
Redeemable noncontrolling interests in subsidiaries$0———$241M$206M
Leased real estate investments, Carrying Value$4.3B$4.4B$4.7B$4.5B$4.2B$4.4B
Securities lending collateral$27.1B$28.9B$30B$30.6B$27.7B$28.5B
Securities Lending Reinvestment Portfolio Estimated Fair Value$11.2B$11.6B$12.5B$12.2B$12.1B$12.5B
Share Repurchase Program, Authorized, Amount——$3B———
Derivatives used in Net Investment Hedge, Net of Tax$1.1B$1.2B$941M$1B—$1.2B
Treasury stock, shares (in shares)505M521.9M528.5M534.8M540.3M550.4M
Unamortized premiums and discounts, deferred fees and costs-$879M-$850M-$821M-$796M-$789M-$759M
Stated Maturities—$70B$71.9B$75.2B—$80.3B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Purchased Credit Deteriorated Loans————$84.6B$83.7B
Goodwill$8.9B$9B$9.1B$9.1B$9.6B$9.6B
Deferred policy acquisition costs$19.6B$20.2B$21B$21.2B$21.1B$21.3B
Equity securities$712M$747M$790M$788M$858M$927M
Mortgage loans$89B$87.9B$86.9B$85.8B$84.6B$83.7B
Policy loans$8.5B$8.7B$8.7B$8.6B$8.5B$8.5B
Reinsurance recoverables$2.8B$2.9B$3B$3B$2.9B$3B
Separate account assets$139.5B$138.1B$143.2B$146.3B$151.9B$147.7B
Investments - Amortized Cost Basis$307.4B$315.5B$321.7B$324.8B$337.2B$342.2B
Net Investment in Lease$1.9B$1.8B$1.8B$1.6B$1.7B$1.6B
Allowance For Loan And Lease Losses Real Estate$800M$981M$1.2B$1.3B$1.2B$1.2B
Contractholder-directed equity securities and fair value option securities, at estimated fair value (includes $1,665 and $1,751, respectively, relating to variable interest entities)$10.7B$10.7B$11.7B$12.3B$14B$13.4B
Deferred tax assets$3B$2.5B$2.9B$2.7B$2.6B$2.9B
Allowance for loan losses$800M$981M$1.2B$1.3B$1.2B$1.2B
Investments$441.4B$450.4B$456.7B$463.7B$472.2B$473.1B
Other Assets$11.1B$11.3B$11.4B$11.6B$11.8B$11B
Other Limited Partnership Interests$14.4B$14.1B$14.3B$14.7B$14.9B$14.5B
Real Estate Investment Property, Net$1B$1.1B$1.1B$1.1B$1.1B$1.1B
Net real estate investments$13.3B$13.5B$14B$13.9B$13.4B$13.4B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)$5.2B$5.5B$5.3B$6B$3.6B$4.9B
Present Value of Future Insurance Profits, Net$1.4B$1.5B$1.5B$1.4B$1.4B$1.3B
Other Investments$18.5B$17.5B$16.4B$16.9B$16.3B$17.6B
Total assets$677.5B$688.3B$702.5B$719.7B$745.2B$743.2B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Borrowings at Fair Value$3.2B$4.2B$4.2B$4.2B$4.2B$5.1B
Finance lease liabilities$6M———$6M—
Finance Lease Liabilities (Total)$6M———$6M—
Future policy benefits$193.6B$197.7B$199B$199.2B$208.9B$206.6B
Separate account liabilities$139.5B$138.1B$143.2B$146.3B$151.9B$147.7B
Long-term debt$15.1B$14.7B$15.4B$15.3B$14.5B$14.4B
Market risk benefits$2.6B$2.8B$2.7B$2.6B$2.4B$2.5B
Notes Issued by Collateralized Financing Entities$0———$1.2B$1.1B
Other Policy-Related Balances$18.9B$19.5B$19.9B$20.4B$20.1B$20.4B
Payables For Collateral Under Securities Loaned And Other Transactions$17.1B$17.4B$17.1B$17.1B$17.1B$18.2B
Policyholders' account balances$221.4B$225.6B$232.4B$235.3B$236.9B$239.8B
Other non-current liabilities$36.8B$38.8B$39.1B$48.5B$57.6B$58B
Other Secured Financings$11.4B$11.8B$12.5B$12.2B$12.2B$12.6B
Secured Borrowings Cash Right to Reclaim$86M$86M$74M$77M$68M$75M
Secured Debt$476M$463M$438M$398M$352M$299M
Total liabilities$649.8B$660.6B$674.5B$690.5B$716.2B$715.4B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Liability for Claims and Claims Adjustment Expense$16.1B$16.8B$17.2B$17.6B$17.1B$17.6B
Current portion of long-term debt$465M$381M$379M$378M$355M$404M
Derivative Liabilities - Fair Value$7.3B$6.8B$7.6B$7.3B$7.5B$7B
Short-term borrowings$465M$381M$379M$378M$355M$404M