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MetLife MET Universal and Variable Universal Life — Excess benefits paid

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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$55.3B+3.4%
Enterprise value$47.47B+0.9%
P/E15.3×+2.8×
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:AdditionalLiabilityLongDurationInsuranceBenefitPayment.

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 — excess benefits paid?
MetLife (MET) reported universal and variable universal life — excess benefits paid of -4,300,000,000% in Q1 2026.
How has MetLife's universal and variable universal life — excess benefits paid changed year-over-year?
MetLife's universal and variable universal life — excess benefits paid decreased by 2.4% year-over-year, from -4,200,000,000% to -4,300,000,000%.
What is the long-term trend for MetLife's universal and variable universal life — excess benefits paid?
Over 4 years (2021 to 2025), MetLife's universal and variable universal life — excess benefits paid has grown at a 7.4% compound annual growth rate (CAGR), from -10,900,000,000% to -14,500,000,000%.
What does universal and variable universal life — excess benefits paid mean?
This metric tracks the amount of benefits paid that exceed the standard policy reserves or expected claim amounts. It often relates to specific riders, guarantees, or death benefits that trigger under certain market or policy conditions. Monitoring this helps assess the exposure to tail-risk events within the insurance portfolio.