MET
NYSE · USDMetLife, Inc.
Financial Services · Insurance - Life
CEO Michel Abbas Khalaf
Employees 46,000
R&D / revenue 0.0%
Last price
$100.76+0.49%last session
Market cap
$64.0B
P/E (TTM)
19.2x
From 52w high
−1.6%
From 52w low
+49.7%
1-year return
+30.4%
RSI 14 · vs SMA200
63.2 · +19.2%
IS score
42.3/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
MET SPY XLF (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe22Profitability
36Growth
61Value
66Momentum
50Risk (safety)
64Quality
60Balance sheet
71Earnings quality
Flags
Strengths
✓ Net cash✓ Congress buying
Warnings
None of the computed warning flags fires for MET (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Efficient ScalePiotroski 6 / 9Beta 0.763 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
0
No open-market sales on file
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
1
Last disclosed purchase 2026-06-02
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+67
172 new holders, 89 closed
1,450 filers hold 75.0% · 554 added, 494 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+97
1,153 funds adding shares
1,056 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
48.0%
20-day avg 54.4%, 50-day avg 53.1%
Latest 6.4 pp under its 20-day average · a flow, not short interest
Key financials · FY2025
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$77.1B
Revenue growth YoY+10.2%
Gross margin36.4%
Operating income$4.7B
Operating margin6.0%
Net income$3.4B
Net margin4.4%
EPS (diluted)$4.80
Cash flow
Operating cash flow$18.1B
Capital expenditure$0
Free cash flow$18.1B
FCF conversion (FCF / OCF)100.0%
Stock-based compensation$0
FCF less SBC$18.1B
Buybacks$3.9B
Dividends$1.7B
Balance sheet & returns
Cash & short-term investments$125.3B
Total debt$20.2B
Net cash$105.2B
Shareholders' equity$28.9B
Goodwill & intangibles$30.7B
Debt / equity0.78
ROE (TTM)12.9%
ROIC (TTM)0.8%
Operating margin by fiscal year
Revenue $63.4B (FY2021) to $77.1B (FY2025), a 5.0% CAGR.
Valuation
P/E (TTM)19.2x
EV / EBITDA11.1x
Price / sales0.81x
Price / FCF3.9x
FCF yield25.88%
Buyback yield6.06%
SBC / revenue0.0%
Price / book2.39x
Forward P/E FY20269.9x
Forward P/E FY20279.0x
Forward P/E FY20288.1x
Forward multiples divide today's price by Street EPS estimates. Street mean target $108.14 across 7 analysts last quarter is theirs, not ours.
MET vs industry median
60 companies in Insurance - Life
MET (TTM)Industry median
Asset turnover 0.10 vs industry 0.12 · financial leverage 27.67
Earnings delivery
Next report 2026-11-04 · consensus EPS $2.7650%
beat rate, 6 of 12 quarters
+0.4%
median EPS surprise
4
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-01 to 2026-08-05. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| MET MetLife, Inc. | $64.0B | 19.2x | 12.9% | 4.6% | +10.2% | +30.4% |
| AFL Aflac Incorporated | $60.2B | 12.9x | 16.9% | 20.2% | +11.6% | +14.8% |
| PRU Prudential Financial, Inc. | $40.0B | 10.4x | 12.4% | 5.8% | +8.9% | +17.6% |
| PUK Prudential plc | $29.6B | 8.5x | 39.3% | 6.4% | +175.6% | −10.0% |
| UNM Unum Group | $14.6B | 21.5x | 6.4% | 7.8% | +3.3% | +25.9% |
| GL Globe Life Inc. | $13.0B | 11.1x | 20.9% | 18.0% | +5.3% | — |
| JXN Jackson Financial Inc. | $8.8B | 163.2x | 1.0% | — | +18.6% | — |
| PRI Primerica, Inc. | $8.7B | 11.3x | 33.0% | 23.4% | +7.6% | — |
12-month window: SPY +15.9%, sector ETF XLF +7.2%. Past returns describe history only.
Recent 8-K filings
No 8-K filings on file.
Context
Shares outstanding635,477,000
Free float83.6%
Institutional ownership75.0%
Beta0.76
Dividend yield2.30%
Last dividend$0.59 on 2026-11-03
50 / 200-day average$96.85 / $84.52
Large-cap Financial Services median P/E14.0x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where MET sits among 25 scored companies in Insurance - Life (0 = lowest value, 100 = highest). It is a position, not a grade. Balance-sheet ratios built for operating companies are n/a for lenders and insurers.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | MET | Industry percentile |
|---|---|---|
| P/E (TTM) | 17.7x | 78th |
| PEG (P/E ÷ 3-yr EPS CAGR) | 1.41 | 80th |
| Price / sales | 0.8x | 58th |
| Price / book | 2.3x | 92nd |
| Price / tangible book | — | |
| Price / free cash flow | n/a | |
| Price / operating cash flow | n/a | |
| Enterprise value | n/a | |
| EV / sales | n/a | |
| EV / EBITDA | n/a | |
| EV / EBIT | n/a | |
| EV / free cash flow | n/a | |
| Earnings yield | 5.7% | 25th |
| FCF yield | n/a | |
| Operating cash flow yield | n/a | |
| Graham number (per share) | $72.16 | 26th |
Profitability (TTM)
| Measure | MET | Industry percentile |
|---|---|---|
| Gross margin | n/a | |
| EBITDA margin | n/a | |
| Operating margin | 6.2% | 4th |
| EBIT margin | 7.6% | 13th |
| Net margin | 4.6% | 12th |
| NOPAT margin | 4.7% | 8th |
| FCF margin | n/a | |
| Operating cash flow margin | n/a | |
| R&D / revenue | 0.0% | 0th |
| SG&A / revenue | 4.1% | 25th |
| Stock comp / revenue | 0.0% | 0th |
| Effective tax rate | 24.9% | 92nd |
Returns on capital
| Measure | MET | Industry percentile |
|---|---|---|
| ROE (on average equity) | 13.2% | 54th |
| ROA | 0.5% | 50th |
| ROIC | n/a | |
| ROCE | n/a | |
| Return on tangible assets | 0.8% | 62nd |
| Cash ROIC (OCF / invested capital) | n/a | |
| Gross profitability (GP / assets) | n/a | |
| ROIC, 3-yr average | n/a | |
| ROIC, 5-yr average | n/a | |
| ROE, 5-yr average | 12.7% | 61st |
| Incremental ROIC | n/a |
Growth
| Measure | MET | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | 9.0% | 65th |
| Revenue growth (QoQ) | -1.0% | 25th |
| Revenue CAGR, 3 yr | 3.7% | 70th |
| Revenue CAGR, 5 yr | 2.2% | 44th |
| Gross profit CAGR, 3 yr | n/a | |
| Operating income CAGR, 3 yr | 8.3% | 41st |
| Net income growth (TTM YoY) | -15.4% | 18th |
| Net income CAGR, 3 yr | 6.7% | 67th |
| EPS growth (TTM YoY) | -12.9% | 18th |
| EPS CAGR, 3 yr | 12.5% | 67th |
| EPS CAGR, 5 yr | 1.0% | 36th |
| FCF growth (TTM YoY) | n/a | |
| FCF CAGR, 3 yr | n/a | |
| Operating cash flow CAGR, 3 yr | n/a | |
| Book value CAGR, 3 yr | 2.1% | 0th |
| Dividend CAGR, 3 yr | 4.8% | 20th |
| Sustainable growth rate | 7.1% | 43rd |
Margin history & stability
| Measure | MET | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | n/a | |
| Operating margin, 3-yr average | 6.5% | 30th |
| Net margin, 3-yr average | 4.9% | 43rd |
| FCF margin, 3-yr average | n/a | |
| Revenue stability (0-1) | 0.40 | 39th |
| Earnings stability (0-1) | 0.21 | 43rd |
| Margin stability (0-1) | 0.83 | 87th |
Liquidity (latest quarter)
| Measure | MET | Industry percentile |
|---|---|---|
| Cash & short-term investments | n/a | |
| Net cash (− = net debt) | n/a | |
| Working capital | n/a | |
| Current ratio | n/a | |
| Quick ratio | n/a | |
| Cash ratio (cash + ST investments / current liabilities) | n/a | |
| Defensive interval (days) | n/a |
Leverage & solvency (latest quarter)
| Measure | MET | Industry percentile |
|---|---|---|
| Total debt | n/a | |
| Debt / equity | n/a | |
| Net debt / equity | n/a | |
| Debt / assets | n/a | |
| Debt / capital | n/a | |
| Debt / EBITDA | n/a | |
| Net debt / EBITDA | n/a | |
| Interest coverage (EBIT / interest) | n/a | |
| Cash interest coverage | n/a | |
| Debt payback (years of OCF) | n/a | |
| Liabilities / assets | 96.3% | 58th |
| IS credit model rating | BBB+ | |
| Implied credit spread (bps) | 225 | 38th |
Efficiency
| Measure | MET | Industry percentile |
|---|---|---|
| Asset turnover | n/a | |
| Fixed asset turnover | n/a | |
| Inventory turnover | n/a | |
| Receivables turnover | n/a | |
| Days sales outstanding | n/a | |
| Days inventory outstanding | n/a | |
| Days payables outstanding | n/a | |
| Cash conversion cycle (days) | n/a | |
| Capex / revenue | n/a | |
| Capex / depreciation | n/a | |
| Operating expense ratio | n/a |
Cash flow & earnings quality
| Measure | MET | Industry percentile |
|---|---|---|
| Operating cash flow / net income | n/a | |
| FCF / net income | n/a | |
| FCF / operating cash flow | n/a | |
| Capex / operating cash flow | n/a | |
| Accruals ratio | n/a | |
| Sloan accruals ratio | n/a | |
| Earnings quality score (0-1) | n/a |
Scores & forensic checks
| Measure | MET | Industry percentile |
|---|---|---|
| IS score | 42 | 46th |
| IS profitability | 22 | 12th |
| IS growth | 36 | 22nd |
| IS value | 61 | 17th |
| IS momentum | 66 | 52nd |
| IS risk (safety) | 50 | 50th |
| IS quality | 64 | 50th |
| IS balance sheet | 60 | 71st |
| IS earnings quality | 71 | 50th |
| IS cash flow | 77 | 67th |
| Piotroski F-score (0-9) | 6 | 38th |
| Altman Z-score | — | |
| Beneish M-score | — | |
| Ohlson O-score | −6.35 | 71st |
| IS credit score | 62 | 58th |
Size (TTM)
| Measure | MET | Industry percentile |
|---|---|---|
| Market cap | $64.0B | 100th |
| Revenue | $78.6B | 100th |
| EBITDA | $6.0B | 92nd |
| Net income | $3.6B | 79th |
| Free cash flow | n/a | |
| Total assets | $759.4B | 88th |
| Shareholders' equity | $27.4B | 83rd |
| Employees | 46,000 | 100th |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-10-01 | Johnson Jeh C. Director |
Award / grant | 544 | $94.35 | $51,326 | 10,101 |
| 2026-10-01 | Hubbard Robert Glenn Director |
Award / grant | 941 | $94.35 | $88,783 | 109,132 |
| 2026-10-01 | Mumenthaler Christian Stephane Director |
Award / grant | 544 | $94.35 | $51,326 | 4,018 |
| 2026-10-01 | Harris Carla A Director |
Award / grant | 544 | $94.35 | $51,326 | 11,701 |
| 2026-10-01 | Weinberger Mark A Director |
Award / grant | 544 | — | — | 19,932 |
| 2026-10-01 | Mckenzie Diana Director |
Award / grant | 544 | $94.35 | $51,326 | 25,929 |
| 2026-10-01 | Seitz Michelle Director |
Award / grant | 544 | — | — | 2,125 |
| 2026-10-01 | Hay Laura J Director |
Award / grant | 544 | $94.35 | $51,326 | 6,901 |
| 2026-10-01 | Glaser Daniel S Director |
Award / grant | 544 | $94.35 | $51,326 | 3,249 |
| 2026-10-01 | Kennard William E Director |
Award / grant | 544 | $94.35 | $51,326 | 48,248 |
| 2026-09-08 | Tadros Ramy President, U.S. Business |
Award / grant | 115 | $95.50 | $10,982 | 212,695 |
| 2026-09-08 | Kennard William E Director |
Award / grant | 294 | $95.50 | $28,077 | 47,704 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Award / grant | Acquired | 39 | 27,441 | $1.2M |
| Tax withholding | Disposed | 4 | 18,483 | $1.8M |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| None on file. | |||
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 3 trades (2 purchases) · Senate 0 (0 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2026-06-02 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-07-08 |
| 2026-01-29 | Ro Khanna | House | Sale | $15,001 - $50,000 | 2026-02-10 |
| 2026-01-13 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-02-10 |
| 2025-09-29 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2025-10-03 |
| 2024-11-19 | Sheldon Whitehouse | Senate | Sale (Full) | $1,001 - $15,000 | 2024-12-05 |
| 2024-11-19 | Sheldon Whitehouse | Senate | Sale (Full) | $1,001 - $15,000 | 2024-12-04 |
| 2024-01-17 | Thomas R. Carper | Senate | Sale (Partial) | $1,001 - $15,000 | 2024-02-02 |
| 2024-01-17 | Thomas R. Carper | Senate | Sale (Partial) | $1,001 - $15,000 | 2024-02-01 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| BlackRock, Inc. | 51,786,925 | $4.4B | 8.15% |
| DODGE & COX | 48,431,150 | $4.1B | 7.62% |
| VANGUARD CAPITAL MANAGEMENT LLC | 35,483,789 | $3.0B | 5.58% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 30,031,431 | $2.5B | 4.73% |
| STATE STREET CORP | 25,336,999 | $2.1B | 3.99% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 21,284,689 | $1.8B | 3.35% |
| GEODE CAPITAL MANAGEMENT, LLC | 13,309,884 | $1.1B | 2.09% |
| PZENA INVESTMENT MANAGEMENT LLC | 11,130,983 | $941.8M | 1.75% |
| DIMENSIONAL FUND ADVISORS LP | 7,190,673 | $608.5M | 1.13% |
| Invesco Ltd. | 6,929,794 | $586.3M | 1.09% |
| NORGES BANK | 6,819,657 | $577.0M | 1.07% |
| GOLDMAN SACHS GROUP INC | 6,626,435 | $560.7M | 1.04% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 5,808,715 | $491.5M | 0.91% |
| Clearbridge Investments, LLC | 5,641,529 | $477.3M | 0.89% |
| BANK OF AMERICA CORP /DE/ | 5,382,630 | $455.4M | 0.85% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| 2026-06-30 | 1,450 | 75.0% | 172 | 554 | 494 | 89 |
| 2026-03-31 | 1,383 | 74.1% | 114 | 495 | 555 | 139 |
| 2025-12-31 | 1,440 | 75.3% | 193 | 494 | 522 | 92 |
| 2025-09-30 | 1,364 | 74.0% | 107 | 504 | 523 | 122 |
| 2025-06-30 | 1,411 | 75.0% | 125 | 566 | 501 | 106 |
| 2025-03-31 | 1,412 | 76.2% | 129 | 562 | 505 | 94 |
| 2024-12-31 | 1,400 | 77.5% | 190 | 497 | 503 | 76 |
| 2024-09-30 | 1,314 | 78.1% | 118 | 470 | 499 | 81 |
| 2024-06-30 | 1,293 | 79.8% | 118 | 449 | 520 | 89 |
| 2024-03-31 | 1,279 | 80.6% | 135 | 464 | 494 | 100 |
| 2023-12-31 | 1,260 | 82.4% | 177 | 395 | 508 | 73 |
| 2023-09-30 | 1,174 | 83.9% | 123 | 414 | 453 | 91 |
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| None on file. | ||||
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| VITSX | 0.07% | $1.6B |
| VSMPX | 0.07% | $1.6B |
| VTI | 0.07% | $1.6B |
| VTSAX | 0.07% | $1.6B |
| VOO | 0.08% | $1.3B |
| VFINX | 0.08% | $1.3B |
Share structure
Shares outstanding635,477,000
Float531,459,583
Free float83.6%
Income statement
Fiscal years, USD| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | $63.4B | $68.0B | $67.7B | $69.9B | $77.1B |
| Cost of revenue | $46.5B | $49.0B | $50.4B | $50.9B | $49.1B |
| Gross profit | $16.8B | $18.9B | $17.3B | $19.0B | $28.0B |
| R&D | $0 | $0 | $0 | $0 | $0 |
| SG&A | $5.8B | $5.9B | $6.2B | $6.0B | $0 |
| Operating income | $8.5B | $6.4B | $2.2B | $5.6B | $4.7B |
| EBITDA | $10.1B | $8.0B | $3.9B | $7.4B | $5.7B |
| Pretax income | $8.5B | $6.4B | $2.2B | $5.6B | $4.7B |
| Income tax | $1.6B | $1.1B | $560.0M | $1.2B | $1.3B |
| Net income | $6.9B | $5.3B | $1.6B | $4.4B | $3.4B |
| EPS, diluted | $7.65 | $6.30 | $1.81 | $5.94 | $4.80 |
| Diluted shares | 869.4M | 808.9M | 762.4M | 711.1M | 665.0M |
Balance sheet
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $367.5B | $301.9B | $302.1B | $100.6B | $125.3B |
| Receivables | $17.3B | $17.4B | $30.2B | $30.8B | $54.3B |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $0 | $297.0B | $331.2B | $0 | $179.6B |
| PP&E, net | $0 | $3.5B | $3.6B | $1.9B | $1.7B |
| Goodwill & intangibles | $9.5B | $9.3B | $9.2B | $8.9B | $30.7B |
| Total assets | $759.7B | $663.1B | $687.6B | $677.5B | $745.2B |
| Accounts payable | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $0 | $119.0M | $0 | $276.1B |
| Long-term debt | $17.1B | $17.7B | $18.7B | $18.2B | $18.6B |
| Total liabilities | $692.0B | $632.9B | $657.3B | $649.8B | $716.2B |
| Shareholders' equity | $67.7B | $30.1B | $30.3B | $27.7B | $28.9B |
Cash flow statement
Outflows are negative| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Net income | $6.6B | $5.3B | $1.6B | $4.4B | $3.4B |
| Depreciation & amortization | $0 | $0 | $0 | $0 | $753.0M |
| Stock-based compensation | $0 | $0 | $0 | $0 | $0 |
| Change in working capital | $4.8B | $673.0M | $2.2B | $1.9B | $6.8B |
| Operating cash flow | $12.8B | $11.4B | $14.3B | $15.1B | $18.1B |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | $12.8B | $11.4B | $14.3B | $15.1B | $18.1B |
| Investing cash flow | −$11.2B | −$2.6B | −$10.2B | −$11.5B | −$15.6B |
| Net debt issued / repaid | −$632.0M | $878.0M | $875.0M | −$982.0M | −$566.0M |
| Buybacks | −$4.8B | −$3.3B | −$3.1B | −$3.2B | −$3.9B |
| Dividends paid | −$1.8B | −$1.8B | −$1.8B | −$1.7B | −$1.7B |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 24.1% | 20.3% | 15.9% | 27.4% | 25.6% |
| Operating margin | 11.3% | 8.7% | 3.2% | 8.0% | 6.1% |
| Net margin | 9.1% | 7.3% | 2.4% | 6.3% | 4.4% |
| FCF margin | 17.8% | 16.4% | 21.3% | 21.6% | 23.8% |
| ROE | 9.2% | 10.4% | 5.3% | 15.4% | 12.1% |
| ROIC | -2.3% | -2.0% | -0.6% | -8.2% | -4.4% |
| ROA | 0.8% | 0.7% | 0.2% | 0.6% | 0.5% |
| Debt / equity | 0.26 | 0.60 | 0.63 | 0.68 | 0.71 |
| Interest coverage | 9.8x | 7.5x | 3.1x | 6.4x | 5.4x |
| Current ratio | — | — | 2,783.29 | — | 0.65 |
| Revenue growth | +6.3% | −3.7% | −3.7% | +4.8% | +8.6% |
| EPS growth | +29.9% | −17.6% | −66.9% | +199.6% | −19.9% |
| P/E at year end | 7.1x | 10.3x | 29.4x | 12.5x | 15.5x |
| EV / EBITDA at year end | n/m | n/m | n/m | n/m | n/m |
| FCF yield at year end | 27.44% | 21.82% | 30.70% | 27.22% | 34.49% |
| Dividend payout | 28.1% | 35.3% | 111.8% | 39.0% | 50.4% |
Revenue by segment
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| United States | $37.1B | $45.8B | — | — | — |
| Group Benefits | — | — | $25.2B | — | — |
| Retirement and Income Solutions | — | — | $16.6B | — | — |
| Asia | $13.4B | $11.4B | $10.9B | — | — |
| MetLife Holdings | $11.1B | $9.2B | $8.2B | — | — |
| Latin America | $5.0B | $6.0B | $7.4B | — | — |
| EMEA | $2.9B | $2.5B | $2.5B | — | — |
| Reconciling Items | $836.0M | −$5.7B | −$4.8B | — | — |
| Corporate & Other | $701.0M | $598.0M | $808.0M | — | — |
| Prepaid legal plans and administrative-only contracts | — | — | — | $572.0M | $637.0M |
| Vision fee for service arrangements | — | — | — | $536.0M | $561.0M |
| Other revenue from service contracts from customers | — | — | — | $319.0M | $432.0M |
| Fee-based investment management services | — | — | — | $394.0M | $369.0M |
| Administrative Service | — | — | — | $273.0M | $295.0M |
| Distribution Service | — | — | — | $151.0M | $142.0M |
Revenue by region · FY2025
Asia Segment$238.0M · 56%
Latin America Segment$115.0M · 27%
Europe, Middle East And Africa Segment$69.0M · 16%
Street estimates by fiscal year
Next report 2026-11-04 · consensus EPS $2.76 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $79.3B | $78.9B – $79.9B | $10.23 | $7.43 – $10.80 | 11 | 9.9x |
| 2027 | $83.3B | $80.8B – $84.9B | $11.15 | $7.58 – $12.08 | 11 | 9.0x |
| 2028 | $86.7B | $84.1B – $89.1B | $12.46 | $10.90 – $13.71 | 7 | 8.1x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-08-05 | $2.30 | $2.43 | +5.7% | $19.7B | $19.1B | −3.0% |
| 2026-05-06 | $2.27 | $2.42 | +6.6% | $19.5B | $19.1B | −2.1% |
| 2026-02-04 | $2.34 | $2.58 | +10.3% | $27.2B | $23.8B | −12.5% |
| 2025-11-05 | $2.31 | $2.34 | +1.3% | $18.6B | $16.9B | −9.4% |
| 2025-08-06 | $2.15 | $2.02 | −6.0% | $18.5B | $17.3B | −6.4% |
| 2025-04-30 | $2.00 | $1.96 | −2.0% | $18.4B | $18.3B | −0.5% |
| 2025-02-05 | $2.11 | $2.08 | −1.4% | $19.5B | $18.4B | −5.8% |
| 2024-10-30 | $2.17 | $1.95 | −10.1% | $18.7B | $18.4B | −1.2% |
| 2024-07-31 | $2.10 | $2.28 | +8.6% | $18.6B | $17.8B | −4.0% |
| 2024-05-01 | $1.84 | $1.83 | −0.5% | $17.7B | $16.1B | −9.4% |
| 2024-01-31 | $1.88 | $1.93 | +2.7% | $18.5B | $19.0B | +3.1% |
| 2023-11-01 | $1.99 | $1.97 | −1.0% | $17.7B | $15.9B | −10.3% |
| 2023-08-02 | $1.85 | $1.94 | +4.9% | $17.5B | $16.6B | −4.9% |
| 2023-05-03 | $1.85 | $1.52 | −17.8% | $17.2B | $15.4B | −10.4% |
| 2023-02-01 | $1.65 | $1.55 | −6.1% | $17.2B | $16.8B | −2.2% |
| 2022-11-02 | $1.17 | $1.21 | +3.4% | $20.6B | $22.5B | +9.2% |
| 2022-08-03 | $1.55 | $2.00 | +29.0% | $16.0B | $15.3B | −4.7% |
| 2022-05-04 | $1.63 | $2.08 | +27.6% | $16.8B | $14.2B | −15.1% |
| 2022-02-02 | $1.42 | $2.17 | +52.8% | $17.7B | $20.1B | +13.7% |
| 2021-11-03 | $1.66 | $2.39 | +44.0% | $16.3B | $16.9B | +3.7% |
| 2021-08-04 | $1.61 | $2.37 | +47.2% | $16.2B | $18.5B | +14.1% |
| 2021-05-05 | $1.48 | $2.20 | +48.6% | $16.0B | $15.6B | −2.6% |
| 2021-02-03 | $1.53 | $2.03 | +32.7% | $19.4B | $19.4B | +0.3% |
| 2020-11-04 | $1.65 | $1.73 | +4.8% | $14.3B | $16.0B | +12.1% |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)| Week of | Notional | Shares | Trades |
|---|---|---|---|
| 2026-08-31 | $267.9M | 2,769,147 | 70,633 |
| 2026-08-24 | $303.4M | 3,154,142 | 70,338 |
| 2026-08-17 | $325.8M | 3,410,715 | 73,716 |
| 2026-08-10 | $254.9M | 2,624,155 | 72,258 |
| 2026-08-03 | $399.5M | 4,114,063 | 83,205 |
| 2026-07-27 | $541.5M | 5,601,836 | 89,777 |
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| 2026-10-15 | 48.0% | 365,298 | 761,166 |
| 2026-10-14 | 30.3% | 348,241 | 1,148,852 |
| 2026-10-13 | 39.5% | 357,950 | 906,424 |
| 2026-10-12 | 57.3% | 323,251 | 563,879 |
| 2026-10-09 | 63.6% | 528,324 | 831,217 |
| 2026-10-08 | 62.4% | 606,590 | 972,749 |
| 2026-10-07 | 67.1% | 503,337 | 750,181 |
| 2026-10-06 | 56.0% | 937,226 | 1,673,232 |
| 2026-10-05 | 48.1% | 1,000,285 | 2,080,135 |
| 2026-10-02 | 48.8% | 370,154 | 758,246 |
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | −0.5% | 50% | 20 |
| Feb | −1.7% | 45% | 20 |
| Mar | +0.5% | 48% | 21 |
| Apr | +3.6% | 65% | 20 |
| May | −0.4% | 55% | 20 |
| Jun | −0.4% | 50% | 20 |
| Jul | +1.5% | 50% | 20 |
| Aug | +0.6% | 70% | 20 |
| Sep | +0.9% | 60% | 20 |
| Oct | +1.0% | 60% | 20 |
| Nov | +3.1% | 70% | 20 |
| Dec | +1.9% | 55% | 20 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1463.2
MFI63.7
ADX14.8
Stochastic %K / %D84.1 / 87.2
Williams %R-16.3
CCI162
TSI / signal16.2 / 7.7
Chaikin money flow0.02
ATR$2.00
Bollinger width8.6%
Volume vs 20-day avg0.73x
SupertrendUp
Moving averages and bands
level (price vs level)SMA 20$97.34 (+3.5%)
SMA 50$96.87 (+4.0%)
SMA 200$84.51 (+19.2%)
EMA 21$97.98 (+2.8%)
EMA 50$96.33 (+4.6%)
EMA 200$87.93 (+14.6%)
Bollinger upper$101.51 (−0.7%)
Bollinger lower$93.17 (+8.1%)
Parabolic SAR$94.46 (+6.7%)
Open the live chart, 110+ indicatorsAbout MetLife, Inc.
MetLife, Inc. operates as a leading global financial services entity, delivering an extensive array of services encompassing insurance, annuities, employee benefits, and asset management. The company manages its operations through five primary divisions: the U.S., Asia, Latin America, Europe, the Middle East and Africa (EMEA), and MetLife Holdings. Its broad insurance offerings include life, dental, group short-term and long-term disability, individual disability, pet, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans. MetLife also supports employers with administrative services-only (ASO) arrangements. Furthermore, it provides sophisticated financial instruments such as general and separate account contracts, synthetic guaranteed interest contracts, and private floating rate funding agreements. The company facilitates pension risk transfers, offers institutional income annuities, structures settlements, and delivers capital markets investment products. Specialized life insurance products and funding agreements are also available for post-retirement benefits, alongside company, bank, or trust-owned life insurance used to finance non-qualified executive benefit programs. In addition, MetLife offers a variety of annuity options including fixed, indexed-linked, and variable, alongside pension and regular savings products. Its life insurance portfolio features whole life, term life, endowments, universal and variable life, and group life policies. The company also provides longevity reinsurance solutions, credit insurance products, and protection for long-term healthcare services. MetLife, Inc. was founded in 1863 and is headquartered in New York City.
https://www.metlife.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| Michel Abbas Khalaf | Chief Executive Officer, President & Director | $6.5M | 1964 |
| John Dennis McCallion | Executive Vice President, Chief Financial Officer & Head of Investment Management | $3.8M | 1974 |
| Bill Pappas | Executive Vice President and Head of Global Technology & Operations | $3.2M | 1970 |
| Ramy Tadros | Regional President of U.S. Business & Head of MetLife Holdings | $3.2M | 1976 |
| Marlene Beverly Debel | Executive Vice President, Chief Risk Officer & Head of Insurance Investments | $3.0M | 1967 |
| Jane Slusark | Chief Communications Officer | — | — |
| John Arthur Hall | Senior VP, Head of Investor Relations & Executive VP and Treasurer | — | — |
| Michael Roberts | Executive Vice President & Chief Marketing Officer | — | — |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| Steven A. Kandarian, Chairman of the Board, President and Chief Executive Officer and former Chief Investment Officer | 2012 | $1.1M | $3.9M | $4.2M | $13.7M |
| William J. Wheeler, President, Americas | 2012 | $750,000 | $1.5M | $1.8M | $6.2M |
| Michel Khalaf, President, EMEA | 2012 | $476,313 | $556,719 | $1.8M | $4.9M |
| Steven J. Goulart, Executive Vice President and Chief Investment Officer | 2012 | $539,167 | $835,524 | $1.2M | $3.6M |
| John C.R. Hele, Chief Financial Officer | 2012 | $195,769 | $1.0M | $450,000 | $3.1M |
| Eric T. Steigerwalt, Executive Vice President and former interim Chief Financial Officer | 2012 | $387,500 | $400,838 | $800,000 | $2.2M |
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| 2026-11-03 | $0.5925 | 2026-12-08 |
| 2026-08-04 | $0.5925 | 2026-09-08 |
| 2026-05-12 | $0.5925 | 2026-06-09 |
| 2026-02-03 | $0.5675 | 2026-03-10 |
| 2025-11-04 | $0.5675 | 2025-12-09 |
| 2025-08-05 | $0.5675 | 2025-09-09 |
| 2025-05-06 | $0.5675 | 2025-06-10 |
| 2025-02-04 | $0.545 | 2025-03-11 |
Moat model
Weak · Efficient Scale · 2026-06-30Cost advantage37
Intangibles31
Switching costs32
Network effect45
Efficient scale70
Our component scores (0-100) and overall 40.4; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17