Discontinued — last reported Q1 '25

Non-Current Liabilities

Secured Debt

MetLife Secured Debt decreased by 15.1% to $299.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 35.4%, from $463.00M to $299.00M. Over 5 years (FY 2020 to FY 2025), Secured Debt shows a downward trend with a -16.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2025

How to read this metric

Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.

Detailed definition

This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...

Peer comparison

Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.

Metric ID: secured_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$818.00M$806.00M$766.00M$754.00M$741.00M$729.00M$716.00M$704.00M$675.00M$651.00M$637.00M$590.00M$555.00M$529.00M$476.00M$463.00M$438.00M$398.00M$352.00M$299.00M
QoQ Change-1.5%-5.0%-1.6%-1.7%-1.6%-1.8%-1.7%-4.1%-3.6%-2.2%-7.4%-5.9%-4.7%-10.0%-2.7%-5.4%-9.1%-11.6%-15.1%
YoY Change-9.4%-9.6%-6.5%-6.6%-8.9%-10.7%-11.0%-16.2%-17.8%-18.7%-25.3%-21.5%-21.1%-24.8%-26.1%-35.4%
Range$299.00M$818.00M
CAGR-19.1%
Avg YoY Growth-16.8%
Median YoY Growth-17.0%
Current Streak19+ quarters decline

Secured Debt at Other Companies

Frequently Asked Questions

What is MetLife's secured debt?
MetLife (MET) reported secured debt of $299.00M in Q1 2026.
How has MetLife's secured debt changed year-over-year?
MetLife's secured debt decreased by 35.4% year-over-year, from $463.00M to $299.00M.
What is the long-term trend for MetLife's secured debt?
Over 5 years (2020 to 2025), MetLife's secured debt has grown at a -16.1% compound annual growth rate (CAGR), from $845.00M to $352.00M.
What does secured debt mean?
Debt that is backed by specific assets the company owns.