Business Segments · Operating Income (Loss)
Group Benefits — Operating Income (Loss)
MetLife Group Benefits — Operating Income (Loss) decreased by 6.6% to $439.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.6%, from $367.00M to $439.00M. Over 4 years (FY 2021 to FY 2025), Group Benefits — Operating Income (Loss) shows an upward trend with a 38.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026
Rolls up toOperating Income
How to read this metric
Higher operating income indicates strong underwriting discipline and effective cost control within the group insurance business.
Detailed definition
The primary measure of profitability for the Group Benefits segment, calculated as total revenues minus benefits, expens...
Peer comparison
Equivalent to 'Segment Operating Income' used by major life and health insurance peers.
Metric ID:
met_segment_group_benefits_operating_income_lossHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $115.75M | $115.75M | $115.75M | $333.00M | $333.00M | $333.00M | $333.00M | $307.00M | $372.00M | $510.00M | $466.00M | $284.00M | $533.00M | $373.00M | $416.00M | $367.00M | $400.00M | $455.00M | $470.00M | $439.00M |
| QoQ Change | — | +0.0% | +0.0% | +187.7% | +0.0% | +0.0% | +0.0% | -7.8% | +21.2% | +37.1% | -8.6% | -39.1% | +87.7% | -30.0% | +11.5% | -11.8% | +9.0% | +13.8% | +3.3% | -6.6% |
| YoY Change | — | — | — | — | +187.7% | +187.7% | +187.7% | -7.8% | +11.7% | +53.2% | +39.9% | -7.5% | +43.3% | -26.9% | -10.7% | +29.2% | -25.0% | +22.0% | +13.0% | +19.6% |
Range$115.75M – $533.00M
CAGR+32.4%
Avg YoY Growth+44.8%
Median YoY Growth+20.8%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is MetLife's group benefits — operating income (loss)?
- MetLife (MET) reported group benefits — operating income (loss) of $439.00M in Q1 2026.
- How has MetLife's group benefits — operating income (loss) changed year-over-year?
- MetLife's group benefits — operating income (loss) increased by 19.6% year-over-year, from $367.00M to $439.00M.
- What is the long-term trend for MetLife's group benefits — operating income (loss)?
- Over 4 years (2021 to 2025), MetLife's group benefits — operating income (loss) has grown at a 38.3% compound annual growth rate (CAGR), from $463.00M to $1.69B.
- What does group benefits — operating income (loss) mean?
- The core operating profit or loss generated by the Group Benefits business segment.