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MetLife MET Variable Life — Interest Expense (2)

Other product segments

Fixed & Immediate Annuities
$966M+16.0%
Long-term Care
$212M+3.4%
Long-Duration Insurance, Other
$126M+3.3%
Fixed Annuity
$104M+19.5%
Whole and Term Life & Endowments
$75M+4.2%
Accident & health insurance
$62M+1.6%
Fixed & Immediate Annuities for Deferred Profit Liabilities
$47M+2.2%
Universal and Variable Universal Life
$38M+8.6%
Whole and Term Life & Endowments for Deferred Profit Liabilities
$12M+20.0%
Accident and Health Insurance Product Line for Deferred Profit Liabilities
$6M+20.0%
Fixed Annuity for Deferred Profit Liabilities
$5M0.0%

Similar metrics at other companies

Ameriprise Financial logo
AMPVariable Universal Life Insurance — Additional Liability, Long-Duration Insurance, Interest Income (Expense)
-$1M0.0%
Kemper logo
KMPRTerm Life Insurance — Interest Expense
$34.5M-0.6%
Prudential Financial logo
PRUTerm Life — Interest Expense
$106M+1.0%
F&G Annuities & Life logo
FGTraditional Life — Interest Expense
$9M0.0%
Prudential Financial logo
PRUIndividual Life — Variable Expenses
$269M+8.5%
Ameriprise Financial logo
AMPTerm and Whole Life Insurance — Interest Expense
$8M-20.0%

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:LiabilityForFuturePolicyBenefitInterestExpense.

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 expense (2)?
MetLife (MET) reported variable life — interest expense (2) of $4M in Q1 2026.
How has MetLife's variable life — interest expense (2) changed year-over-year?
MetLife's variable life — interest expense (2) decreased by 0.0% year-over-year, from $4M to $4M.
What is the long-term trend for MetLife's variable life — interest expense (2)?
Over 4 years (2021 to 2025), MetLife's variable life — interest expense (2) has grown at a -9.2% compound annual growth rate (CAGR), from $25M to $17M.
What does variable life — interest expense (2) mean?
This metric quantifies the total interest costs incurred by the company related to the liabilities of the variable life insurance segment. It reflects the financial burden of servicing these insurance obligations and is a key component in calculating the net profitability of the product line. Investors use this to evaluate the efficiency of capital usage and the impact of debt-like insurance liabilities on the bottom line.