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MetLife MET Variable Life — Interest 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 us-gaap:AdditionalLiabilityLongDurationInsuranceInterestIncomeExpense.

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 — interest accrual?
MetLife (MET) reported variable life — interest accrual of 400,000,000% in Q1 2026.
How has MetLife's variable life — interest accrual changed year-over-year?
MetLife's variable life — interest accrual decreased by 0.0% year-over-year, from 400,000,000% to 400,000,000%.
What is the long-term trend for MetLife's variable life — interest accrual?
Over 4 years (2021 to 2025), MetLife's variable life — interest accrual has grown at a -9.2% compound annual growth rate (CAGR), from 2,500,000,000% to 1,700,000,000%.
What does variable life — interest accrual mean?
This represents the interest expense accrued on the long-duration insurance liability balance over the reporting period. It reflects the time value of money applied to the expected future benefit payments. This is a core component of the change in liability and reflects the cost of carrying the insurance obligation.