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MetLife MET Fixed & Immediate Annuities — Interest Expense (2)

Other product segments

Long-term Care
$212M+3.4%
Long-Duration Insurance, Other
$126M+3.3%
Fixed Annuity
$104M+19.5%
Whole and Term Life & Endowments
$75M+4.2%
Accident & health insurance
$62M+1.6%
Fixed & Immediate Annuities for Deferred Profit Liabilities
$47M+2.2%
Universal and Variable Universal Life
$38M+8.6%
Whole and Term Life & Endowments for Deferred Profit Liabilities
$12M+20.0%
Accident and Health Insurance Product Line for Deferred Profit Liabilities
$6M+20.0%
Fixed Annuity for Deferred Profit Liabilities
$5M0.0%
Variable Life
$4M0.0%

Similar metrics at other companies

F&G Annuities & Life logo
FGImmediate annuities — Interest Expense
$13M-7.1%
Fidelity National Financial logo
FNFImmediate annuities — Interest Expense
$13M-7.1%
F&G Annuities & Life logo
FGImmediate annuities — Interest accrual
$0
Fidelity National Financial logo
FNFImmediate annuities — Interest accrual
$0
Horace Mann Educators logo
HMNFixed Account Annuities — Interest credited
$41.4M-3.0%
KKR & Co. logo
KKRFixed Indexed Annuities — Interest
$11.64M+23.5%

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 us-gaap:LiabilityForFuturePolicyBenefitInterestExpense.

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 fixed & immediate annuities — interest expense (2)?
MetLife (MET) reported fixed & immediate annuities — interest expense (2) of $966M in Q1 2026.
How has MetLife's fixed & immediate annuities — interest expense (2) changed year-over-year?
MetLife's fixed & immediate annuities — interest expense (2) increased by 16.0% year-over-year, from $833M to $966M.
What is the long-term trend for MetLife's fixed & immediate annuities — interest expense (2)?
Over 3 years (2021 to 2025), MetLife's fixed & immediate annuities — interest expense (2) has grown at a 13.6% compound annual growth rate (CAGR), from $2.34B to $3.43B.
What does fixed & immediate annuities — interest expense (2) mean?
This metric reflects the interest costs incurred by the company on liabilities associated with fixed and immediate annuity contracts. It represents the expense of servicing the obligations owed to policyholders, which is a core component of the cost of funds for the annuity business. Monitoring this expense is essential for evaluating the net interest margin and the overall profitability of the annuity product portfolio.