MetLife, Inc. MET

97.70 0.45 0.46% as of 25 Sep
Market cap
$61.6B
P/E
18.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 1.74
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — 1 — — —
Insider Ownership 17.30%

Capital & Financial Ratios

Market Cap 61,640.00
Revenue 79,403.00
Net Income 3,403.00
Free Cash Flow 15,558.00
Net Debt 833.00
Current Ratio 0.15
Debt/Equity 0.73
P/E ratio 18.72
P/S ratio 0.79
P/B ratio 2.26
Past 5Y EPS Growth (0.38%)
This Y EPS Growth 13.92%
Next Y EPS Growth 10.65%
Next 5Y EPS Growth 12.08%
in millions of $

Dividends

Payout Ratio 4.70
Annual Dividend Rate 2.08
Annual Dividend Yield 3.19%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.34
0.57
0.59
0.59
2025 2.25
0.55
0.57
0.57
0.57
2024 2.16
0.52
0.55
0.55
0.55
2023 2.06
0.50
0.52
0.52
0.52
2022 1.98
0.48
0.50
0.50
0.50
2021 1.90
0.46
0.48
0.48
0.48
2020 1.82
0.44
0.46
0.46
0.46
2019 1.74
0.42
0.44
0.44
0.44
2018 1.66
0.40
0.42
0.42
0.42
2017 1.47
0.36
0.36
0.36
0.40
2016 1.40
0.33
0.36
0.36
0.36
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 20,639 20,068 22,032 19,301
Receivables 29,161 30,056 49,719 51,061
Inventory — — — —
Other — — — —
49,800 50,124 71,751 70,362
2023 2024 2025 Q'26
Payables 219,707 215,511 231,687 229,293
ST’ Debt 3,280 3,629 4,510 5,604
Other 219,269 221,445 236,857 245,458
442,256 440,585 473,054 480,355
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 2.31% 2.59% 3.88%
Cash Flow 1.98% 7.99% 9.43%
Earnings (4.85%) (9.38%) (14.63%)
Book Value (8.33%) (17.45%) (1.63%)

Revenue

Mar Jun Sep Dec Year
’26 19,074 19,154 — — —
’25 18,569 17,340 17,361 23,814 77,084
’24 16,057 17,823 18,440 18,666 70,986
’23 15,388 16,623 15,866 19,028 66,905
’22 15,405 15,474 22,283 15,608 68,770
’21 15,562 18,524 16,905 17,705 68,696
’20 18,310 14,099 16,015 19,418 67,842
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 2,687 2,228 — — —
’25 4,262 2,187 3,567 7,076 17,092
’24 2,328 3,490 4,169 4,611 14,598
’23 2,026 3,038 3,475 5,182 13,721
’22 2,040 4,393 4,310 2,301 13,044
’21 1,496 2,254 3,506 5,091 12,347
’20 1,847 846 3,793 5,153 11,639
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 2,687 2,228 — — —
’25 4,262 2,187 3,567 7,076 17,092
’24 2,328 3,490 4,169 4,611 14,598
’23 2,026 3,038 3,475 5,182 13,721
’22 2,040 4,393 4,310 2,301 13,044
’21 1,496 2,254 3,506 5,091 12,347
’20 1,847 846 3,793 5,153 11,639
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.74 1.09 — — —
’25 1.28 1.03 1.22 1.17 4.71
’24 1.10 1.28 1.81 1.78 5.94
’23 0.02 0.48 0.56 0.77 1.81
’22 1.97 1.12 1.46 1.66 6.55
’21 0.33 3.83 1.77 1.39 7.31
’20 4.75 0.07 0.69 0.14 5.68
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
31.19 44.18 37.76 40.25 22.85 45.73 57.41 48.95 64.61 65.21

Analyst estimates 2026–2028

Powerpack
Low Price
51.77 55.91 55.21 51.60 53.28 67.68 77.36 73.92 89.05 88.09
High Price
58,000 49,000 48,000 49,000 46,500 43,000 45,000 45,000 45,000 46,000
Employees
1 1 1 1 1 2 2 1 2 2
Revenue/Emp
60,787 62,308 67,941 69,620 67,842 68,696 68,770 66,905 70,986 77,084
Revenue
29.66% 27.54% 29.47% 29.42% 29.59% 29.64% 26.66% 22.16% 25.97% 23.83%
Gross Margin
4,281 3,536 6,307 6,795 6,927 8,518 6,364 2,162 5,622 4,661
EBT
7.04% 5.68% 9.28% 9.76% 10.21% 12.40% 9.25% 3.23% 7.92% 6.05%
EBT Margin
854 4,020 5,128 5,909 5,418 6,876 5,302 1,602 4,444 3,403
Net Income
(458) (249) (385) (369) (197) (180) (319) (614) (798) (1,087)
Depreciation
55.24 58.25 67.54 74.25 74.73 79.63 85.62 88.30 100.49 115.24
Revenue/Sh
0.63 3.38 4.91 6.06 5.68 7.31 6.60 1.81 5.94 4.71
Earnings/Sh
13.42 11.48 11.67 14.70 12.82 14.31 16.24 18.11 20.67 25.55
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
13.42 11.48 11.67 14.70 12.82 14.31 16.24 18.11 20.67 25.55
Free CF/Sh
61.52 55.03 52.65 70.80 82.42 78.53 37.51 39.93 39.22 42.88
Book Value/Sh
1,101 1,070 1,006 938 908 863 803 758 706 669
Shares
79.31 14.72 8.29 8.41 8.31 8.54 11.55 36.80 13.72 16.80
PE Ratio
0.88 0.86 0.61 0.69 0.63 0.78 0.84 0.76 0.81 0.69
PS Ratio
0.79 0.91 0.78 0.72 0.57 0.80 1.92 1.69 2.09 1.84
PB Ratio
1.02 0.99 0.63 0.70 0.62 0.76 0.82 0.75 0.80 0.65
EV/Sales
4.18 5.00 3.65 3.56 3.59 4.22 4.33 3.63 3.90 2.93
EV/FCF
14,774 12,283 11,738 13,786 11,639 12,347 13,044 13,721 14,598 17,092
Op' Cash Flow
— — — — — — — — — —
Capex
14,774 12,283 11,738 13,786 11,639 12,347 13,044 13,721 14,598 17,092
FCF
(330,446) (351,307) (356,057) (373,752) (398,370) (389,222) (386,125) (392,456) (390,461) (401,303)
Working Cap'
21,126 20,428 17,304 17,844 18,994 18,196 18,696 19,465 19,191 19,329
Total Debt
8,475 7,727 1,483 1,246 (801) (1,851) (1,499) (1,174) (877) (2,703)
Net Debt
67,702 58,870 52,958 66,382 74,817 67,749 30,125 30,253 27,703 28,680
Sh' Equity
0.08% 0.48% 0.71% 0.80% 0.68% 0.86% 0.72% 0.20% 0.62% 0.45%
ROA
3.51% 3.32% 7.24% 6.28% 5.85% 8.08% 13.89% 4.65% 13.10% 11.21%
ROIC
1.10% 6.17% 8.91% 9.59% 7.35% 9.33% 10.42% 4.57% 14.58% 11.26%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

MetLife, Inc. peers in Insurance Life

All 17 Insurance Life stocks →

MET metrics, ten years each

MetLife, Inc. (MET) key facts

  • MetLife, Inc. (MET) is an Insurance Life company in the Financial sector, listed on the New York Stock Exchange.
  • MetLife, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $77.1 billion, up 8.59% from fiscal 2024.
  • As of September 25, 2026, MET traded at $97.70, a market capitalization of $61.6 billion.
  • MetLife, Inc. pays an annual dividend of $2.08 per share, a yield of 3.19%.
  • Return on equity was 11.3% and debt-to-equity 0.73.

Source: company filings (standardised) and stockrow calculations.

MetLife, Inc. (MET) Latest News

News by impact score

Fine-tune

22 Sep

3

MetLife's Group Benefits unit is driving near-term earnings momentum, with Q2 2026 adjusted earnings up 25% year over year to $503 million amid solid volume growth and improved life underwriting. Group Life mortality was 79%, below MET's 2026 target range of 83–88%, and the non-medical health benefit ratio improved to 73.9%. The segment benefits from a broad lineup of group life, dental, disability and voluntary products and MET's U.S. scale, which expands distribution and deepens employer and employee relationships. Adjusted PFOs rose 4% y/y in Q2, and year-to-date sales grew 9% (regional +11%), led by under-1,000 employee markets. However, some Q2 mortality benefit may reverse in H2, and earnings growth could moderate if underwriting benefits ease. MET trades at a P/E of about 9.3 with a 2026 consensus earnings growth of ~10.8% and a YTD stock gain of 22.6%. Group Benefits momentum boosts near-term earnings but upside may be tempered by potential normalization of mortality benefits and underwriting fluctuations.

19 Sep

3

MetLife reports record annuity demand, prompting questions on whether the upside is already priced into the stock. Record annuity demand signals strong sales growth yet market pricing concerns may limit immediate stock gains.

19 Aug

4

MetLife announces $3B share buyback program, with analysis indicating its stock may be 43% undervalued. $3B buyback signals major capital return and potential undervaluation that can lift stock price and investor sentiment.

14 Aug

3 transcript

MetLife held Q2 earnings call with analysts raising top five questions on results, strategy and outlook. Q2 earnings call questions may influence short-term investor views but lack major strategic shifts.

13 Aug

4 transcript

MetLife (MET) Q2 2026 earnings call transcript covers financial results, performance metrics, and management commentary on operations and outlook. Quarterly earnings details and forward guidance typically drive notable shifts in MET stock valuation and sentiment.

8 Aug

3

MetLife Q2 earnings call highlights key financial results and strategic updates. Q2 earnings highlights typically affect short-term market sentiment without fundamentally changing long-term trajectory.

7 Aug

3

MetLife approved a $3 billion share repurchase authorization. Share repurchase program supports stock price via increased demand and signals valuation confidence without altering core operations.

6 Aug

4 transcript

MetLife, Inc. presented Q2 2026 earnings results and outlook on its earnings call. Earnings results and forward guidance directly shape investor views and MET stock movement.

5 Aug

4

MetLife authorizes new $3 billion share repurchase program. $3 billion repurchase authorization returns substantial capital to shareholders and supports valuation.

4

MetLife, Inc. reported its second-quarter 2026 financial results. Quarterly earnings releases deliver key financial metrics that often drive immediate stock price movements and valuation shifts.

3

MetLife missed Q2 CY2026 revenue estimates. Revenue miss signals weaker than expected financial performance likely to pressure near-term stock price and investor sentiment.

15 Jul

4

MetLife advances AI-driven strategy in loans via supersized QTS deal that injects momentum into M&A activity. Supersized QTS deal marks major strategic move into AI loans with clear potential to shift MetLife trajectory.

4

MetLife integrates AI across operations to build lasting competitive advantages in insurance and financial services. AI deployment represents a major strategic initiative likely to reshape MetLife's efficiency and market position.

5 Jul

3

MetLife (MET) stock may be 47% undervalued based on returns analysis that has sparked debate over its true value and future performance. Valuation debate around 47% undervaluation can sway short-term MET investor sentiment and trading activity.

4 Jul

4

MetLife gains settlement flexibility and pursues real estate moves that may redefine its risk profile. Settlement flexibility and real estate moves represent major strategic shifts likely to significantly alter MetLife's risk profile and trajectory.

24 Jun

3

Investor with 900% gain from 2008 crisis initiates new large short bet involving MetLife. Prominent short bet may sway near-term MET stock sentiment without altering core operations.

15 Jun

3

MetLife expands settlement offerings via new Flex Agreement, generating valuation upside. New Flex Agreement expands MetLife settlement offerings and signals valuation upside.

5 Jun

3

MetLife introduces new annuity cancellation feature that reshapes its income mix and prompts valuation reassessment for MET stock. New annuity feature may alter MetLife income mix and valuation trajectory.

2 Jun

3

MetLife introduces more flexible annuity design with potential to alter investment case for MET stock. Annuity design change targets core insurance products and may shift competitive positioning.

1 Jun

3 transcript

MetLife (MET) released Q1 2026 earnings results via transcript covering revenue, net income, segment performance, and management outlook on insurance operations and capital deployment. Quarterly earnings details and guidance can shift near-term investor sentiment and valuation multiples for the insurer.

28 May

3

MetLife expands its guaranteed retirement income products by adding a new flexible annuity option. New annuity product launch strengthens MetLife's retirement solutions lineup and may incrementally lift competitive position.

16 May

4

MetLife posted strong Q1 results and executed capital returns, prompting questions on whether these moves will alter its long-term investment narrative and future performance trajectory. Strong Q1 results plus capital returns signal major positive shifts in financial performance and investor sentiment for MetLife.

3

MetLife addressed top analyst questions during its Q1 earnings call, focusing on financial performance, capital management, investment returns, expense controls, and growth outlook in key segments. Q1 earnings call insights provide moderate visibility into operations and strategy but do not signal major shifts in MetLife's trajectory.

14 May

3

MetLife (MET) highlighted as top finance stock with Zacks Rank #1 (Strong Buy) and positive Earnings ESP (2.75%), signaling likely earnings beat versus consensus estimates. Expectation of positive earnings surprise for MetLife may noticeably boost near-term investor sentiment and stock performance.

11 May

3

MetLife's Q1 earnings call highlighted adjusted EPS of $1.83, surpassing estimates, with revenue up 8% to $17.6 billion driven by strong Group Benefits and Asia segments. Underwriting gains and investment income boosted results, while full-year adjusted EPS guidance held at $7.25-$7.65. Strategic updates included Asia growth initiatives and share repurchases. Q1 earnings exceeded expectations with solid segment performance but reaffirmed guidance suggests moderate influence on trajectory.

7 May

4

MetLife (MET) beat Q1 EPS estimates due to strong investment income and volume growth. Q1 EPS beat on robust investment income and volume growth signals strong financial momentum and positive investor sentiment.

4

MetLife, Inc. released Q1 2026 earnings call summary highlighting quarterly financial results, strategic updates, and future outlook. Quarterly earnings call summaries directly impact investor sentiment, stock valuation, and perceptions of future performance.

6 May

3

MetLife reported Q1 earnings, with key metrics analyzed against analyst estimates. Q1 earnings metrics versus estimates moderately influence financial performance and market sentiment.

3

MetLife (NYSE:MET) reported sales below analyst estimates in Q1 CY2026 earnings. Q1 CY2026 sales miss signals weaker-than-expected revenue, likely pressuring short-term financial performance and market sentiment.

3

MetLife (NYSE:MET) reported sales below analyst estimates in Q1 CY2026 earnings. Sales missing analyst estimates signals moderate pressure on financial performance and investor sentiment.

stockrow.com/MET · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com