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MetLife MET Group Benefits — Unearned Revenue

Other segment segments

Asia
$3.37B+7.9%
Latin America
$996M+15.3%
EMEA
$717M+10.8%
Corporate And Other
$75M+7.1%
RIS
$22M-15.4%
MIM
$0

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BHFAnnuities — Unearned Revenue
$54M-10.0%

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:DeferredIncome.

The official record: MetLife’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MetLife's group benefits — unearned revenue?
MetLife (MET) reported group benefits — unearned revenue of $0 in Q4 2025.
What does group benefits — unearned revenue mean?
Revenue received in advance for services or insurance coverage that has not yet been earned. It is recognized as income over the duration of the policy or service contract.