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MetLife MET RIS — Operating Income (Loss)

Other segment segments

Asia
$487M+30.9%
Group Benefits
$439M+18.6%
Latin America
$229M+4.6%
EMEA
$110M+32.5%
MIM
$47M

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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 us-gaap:OperatingIncomeLoss.

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 RIS — operating income (loss)?
MetLife (MET) reported RIS — operating income (loss) of $451M in Q1 2026.
How has MetLife's RIS — operating income (loss) changed year-over-year?
MetLife's RIS — operating income (loss) increased by 11.1% year-over-year, from $406M to $451M.
What is the long-term trend for MetLife's RIS — operating income (loss)?
Over 4 years (2021 to 2025), MetLife's RIS — operating income (loss) has grown at a -10.3% compound annual growth rate (CAGR), from $2.59B to $1.68B.
What does RIS — operating income (loss) mean?
The primary measure of profitability for the Retirement and Income Solutions segment, calculated as total revenues minus operating expenses. This metric excludes certain items like net investment gains or losses and interest expense, focusing on the core performance of the retirement and income business. It provides investors with a clear view of the segment's ability to generate sustainable earnings from its insurance and investment products.