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MetLife MET EMEA — Amortization of DAC, VOBA and negative VOBA

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Other financials

Income statement

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Revenue$19.1B+2.7%
Net income$1.2B+25.4%
EPS (diluted)$1.74+35.9%

Balance sheet

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Cash & equivalents$22.7B+6.4%
Total debt$14.8B-1.5%
Total equity$27.3B-0.6%
Total assets$743.21B+8.0%

Cash flow

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Operating cash flow$2.7B-37.0%

Valuation

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Market cap$54.45B+2.4%
Enterprise value$46.62B-0.7%
P/E15.1×+3.2×
P/S0.7×0.0×

Profitability

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Net margin4.7%-1.5pp

Returns & leverage

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Return on equity13.2%-2.9pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by MetLife in its filing.

Tagged under the XBRL concept met:AmortizationOfDACVOBAAndNegativeVOBA.

The official record: MetLife’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MetLife's EMEA — amortization of DAC, VOBA and negative VOBA?
MetLife (MET) reported EMEA — amortization of DAC, VOBA and negative VOBA of -$97M in Q1 2026.
How has MetLife's EMEA — amortization of DAC, VOBA and negative VOBA changed year-over-year?
MetLife's EMEA — amortization of DAC, VOBA and negative VOBA decreased by 3.2% year-over-year, from -$94M to -$97M.
What is the long-term trend for MetLife's EMEA — amortization of DAC, VOBA and negative VOBA?
Over 3 years (2022 to 2025), MetLife's EMEA — amortization of DAC, VOBA and negative VOBA has grown at a 4.9% compound annual growth rate (CAGR), from -$318M to -$367M.
What does EMEA — amortization of DAC, VOBA and negative VOBA mean?
The systematic expensing of Deferred Acquisition Costs (DAC) and the Value of Business Acquired (VOBA) related to the EMEA segment. This reflects the spreading of initial costs incurred to acquire insurance contracts over the life of those contracts.