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MetLife MET Variable Life — Assessments accrual

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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 met:AdditionalLiabilityLongDurationInsuranceAssessmentAccrual.

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 variable life — assessments accrual?
MetLife (MET) reported variable life — assessments accrual of -$1M in Q1 2026.
How has MetLife's variable life — assessments accrual changed year-over-year?
MetLife's variable life — assessments accrual decreased by 0.0% year-over-year, from -$1M to -$1M.
What is the long-term trend for MetLife's variable life — assessments accrual?
Over 4 years (2021 to 2025), MetLife's variable life — assessments accrual has grown at a 7.5% compound annual growth rate (CAGR), from -$3M to -$4M.
What does variable life — assessments accrual mean?
This metric tracks the accrual of assessments related to long-duration insurance contracts, which are typically fees or charges levied to cover specific policy benefits or administrative costs. It represents the portion of the liability that is funded by these specific assessments over the life of the contract. Monitoring this helps in understanding the revenue-offsetting nature of policy charges.