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MetLife MET Group Benefits — Direct and Allocated Expenses

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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:DirectAndAllocatedExpenses.

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 group benefits — direct and allocated expenses?
MetLife (MET) reported group benefits — direct and allocated expenses of $540M in Q1 2026.
How has MetLife's group benefits — direct and allocated expenses changed year-over-year?
MetLife's group benefits — direct and allocated expenses increased by 2.1% year-over-year, from $529M to $540M.
What is the long-term trend for MetLife's group benefits — direct and allocated expenses?
Over 3 years (2022 to 2025), MetLife's group benefits — direct and allocated expenses has grown at a 5.0% compound annual growth rate (CAGR), from $1.79B to $2.08B.
What does group benefits — direct and allocated expenses mean?
This represents the total operating expenses, including both direct costs and corporate overhead allocations, required to run the Group Benefits segment. It encompasses administrative, marketing, and technology costs. Monitoring this metric is vital for evaluating the segment's operational efficiency and expense management.