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MetLife MET Universal and Variable Universal Life — Adjusted balance

Other product segments

Variable Life
107,200,000,000%-3.1%

Similar metrics at other companies

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PRUVariable Universal Life — Policyholder Account Balance, Benefit Payment
$10M-56.5%
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PRUVariable Universal Life — Balance, end of period
$15.5B+3.8%
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CINFUniversal life — Balance, end of period before shadow reserve adjustments
$142M+8.4%
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CINFUniversal life — Balance, end of period
$141M+8.5%
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PRUVariable Universal Life — Other adjustments
0%
Ameriprise Financial logo
AMPUniversal Life Insurance — Policyholder account balances
$1.31B-4.0%

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:AdditionalLiabilityLongDurationInsuranceOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange.

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 universal and variable universal life — adjusted balance?
MetLife (MET) reported universal and variable universal life — adjusted balance of 303,000,000,000% in Q1 2026.
How has MetLife's universal and variable universal life — adjusted balance changed year-over-year?
MetLife's universal and variable universal life — adjusted balance increased by 5.7% year-over-year, from 286,700,000,000% to 303,000,000,000%.
What is the long-term trend for MetLife's universal and variable universal life — adjusted balance?
Over 3 years (2022 to 2025), MetLife's universal and variable universal life — adjusted balance has grown at a 2.7% compound annual growth rate (CAGR), from 1,061,400,000,000% to 1,148,500,000,000%.
What does universal and variable universal life — adjusted balance mean?
The adjusted balance represents the final, reconciled liability amount for universal and variable universal life insurance after accounting for all period-specific adjustments. This includes updates for experience variances, interest accruals, and other technical accounting adjustments. It serves as the definitive figure for the liability on the balance sheet.