Discontinued — last reported Q1 '24
Corporate and Other — Other Expenses
MetLife Corporate and Other — Other Expenses decreased by 33.1% to $194.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.6%, from $177.00M to $194.00M. Over 2 years (FY 2021 to FY 2023), Corporate and Other — Other Expenses shows an upward trend with a 29.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal rising corporate overhead or one-time administrative costs, while a decrease suggests improved operational efficiency or cost-cutting initiatives.
Detailed definition
This captures miscellaneous operating costs, administrative overhead, and corporate-level expenses not directly attribut...
Peer comparison
Comparable to 'Corporate Overhead' or 'Unallocated Administrative Expenses' reported by peer insurance holding companies.
met_segment_corporate_and_other_other_expensesHistorical 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 | $34.00M | $137.00M | $284.00M | $136.00M | $184.00M | $186.00M | $203.00M | $177.00M | $229.00M | $250.00M | $290.00M | $194.00M |
| QoQ Change | — | +302.9% | +107.3% | -52.1% | +35.3% | +1.1% | +9.1% | -12.8% | +29.4% | +9.2% | +16.0% | -33.1% |
| YoY Change | — | — | — | — | +441.2% | +35.8% | -28.5% | +30.1% | +24.5% | +34.4% | +42.9% | +9.6% |
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Frequently Asked Questions
- What is MetLife's corporate and other — other expenses?
- MetLife (MET) reported corporate and other — other expenses of $194.00M in Q1 2024.
- How has MetLife's corporate and other — other expenses changed year-over-year?
- MetLife's corporate and other — other expenses increased by 9.6% year-over-year, from $177.00M to $194.00M.
- What is the long-term trend for MetLife's corporate and other — other expenses?
- Over 2 years (2021 to 2023), MetLife's corporate and other — other expenses has grown at a 29.7% compound annual growth rate (CAGR), from $562.00M to $946.00M.
- What does corporate and other — other expenses mean?
- General administrative and operating costs not allocated to specific business segments.