MetLife, Inc.

MET Financial Insurance Life

MetLife, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $77.1 billion, up 8.59% from fiscal 2024.

Revenue
+18.2%
EPS
+200.8%
Free cash flow
+1.87%
Total debt
−28.1%

Quarter to September 2026, against a year earlier

99.25 0.50 −0.50%
Market cap
$63.4B
P/E
13.0×
Fwd P/E
12.7×
Dividend yield
2.35%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MetLife, Inc. (MET) Free cash flow margin

Alert me on Free cash flow margin

MetLife, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 17.0%, down 5.2 percentage points from fiscal 2025 (22.2%). Over the past ten years it has ranged from 17.2% (fiscal 2020) to 24.3% (fiscal 2016); the current reading is higher than 82% of that period. That is above the Insurance Life industry median of 15.4% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

Embed this chart

Annual newest first

Period Free cash flow margin Change (points)
FY2025 22.2% 1.61
FY2024 20.6% 0.05
FY2023 20.5% 1.54
FY2022 19.0% 1.00
FY2021 18.0% 0.81
FY2020 17.2% (2.64)
FY2019 19.8% 2.52
FY2018 17.3% (2.43)
FY2017 19.7% (4.59)
FY2016 24.3% 1.39

Against its own ten years

Low 17.2% High 24.3%
Ten-year median 19.8%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
JXN Jackson Financial Inc. compare 89.9%
PRI Primerica, Inc. compare 26.7%
MET MetLife, Inc. 19.6%
PRU Prudential Financial, Inc. compare 17.6%
AFL Aflac Incorporated compare 15.6%
UNM Unum Group compare 13.0%
LNC Lincoln National Corporation compare 3.40%
GL Globe Life Inc. compare 0.00%
PUK Prudential Public Limited Company compare 0.00%
Insurance Life industry median 15.4%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

More on MET