Discontinued — last reported Q1 '24
Corporate and Other — Amortization
MetLife Corporate and Other — Amortization increased by 300.0% to $2.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 300.0%, from -$1.00M to $2.00M. Over 2 years (FY 2021 to FY 2023), Corporate and Other — Amortization shows an upward trend with a -71.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease in amortization expense may indicate lower historical acquisition activity or fully amortized assets, whereas an increase reflects higher recent investment in intangible assets or acquisition-related accounting adjustments.
Detailed definition
This metric tracks the periodic expense recognized from the systematic allocation of the cost of intangible assets, such...
Peer comparison
Comparable to 'Amortization of Intangible Assets' or 'DAC Amortization' reported by other large-scale insurance holding companies.
met_segment_corporate_and_other_amortizationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$26.75M | -$26.75M | -$26.75M | -$2.00M | -$2.00M | -$3.00M | -$2.00M | -$1.00M | -$4.00M | -$3.00M | -$1.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | +92.5% | +0.0% | -50.0% | +33.3% | +50.0% | -300.0% | +25.0% | +66.7% | +300.0% |
| YoY Change | — | — | — | — | +92.5% | +88.8% | +92.5% | +50.0% | -100.0% | +0.0% | +50.0% | +300.0% |
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Frequently Asked Questions
- What is MetLife's corporate and other — amortization?
- MetLife (MET) reported corporate and other — amortization of $2.00M in Q1 2024.
- How has MetLife's corporate and other — amortization changed year-over-year?
- MetLife's corporate and other — amortization increased by 300.0% year-over-year, from -$1.00M to $2.00M.
- What is the long-term trend for MetLife's corporate and other — amortization?
- Over 2 years (2021 to 2023), MetLife's corporate and other — amortization has grown at a -71.0% compound annual growth rate (CAGR), from -$107.00M to -$9.00M.
- What does corporate and other — amortization mean?
- The periodic non-cash expense related to the systematic write-down of intangible assets and acquisition costs.