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
+10.5%
EPS
+5.83%
Free cash flow
+1.87%
Total debt
−1.03%

Quarter to June 2026, against a year earlier

100.02 0.81 −0.80%
Market cap
$64.1B
P/E
19.2×
Fwd P/E
12.7×
Dividend yield
2.90%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MetLife, Inc. (MET) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2017: revenue by segment, and margins
United States 31,846 51.11%
Asia 11,367 18.24%
MetLife Holdings 11,356 18.23%
Latin America 4,988 8.01%
EMEA 2,833 4.55%
Corporate & Other 354 0.57%
Gross margin 27.54%
Operating margin 5.68%
Pre-tax margin 5.68%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Prepaid legal plans 637 572 516 471 432 395 347 296
Vision fee for service arrangements 561 536 598 566 546 0 0 —
Other revenue related to service contracts from customers (1) (3) 432 412 390 271 289 227 240 241
Institutional Client asset management fees (1) 369 301 316 396 363 318 286 293
Administrative services-only contracts 295 273 259 238 231 218 210 205
Recordkeeping and administrative services (2) 142 151 150 168 213 196 206 221
Revenue 2,436 2,245 2,229 2,110 2,074 1,354 1,289 1,256

Revenue by segment $m

Line FY2017 FY2016 FY2015 FY2014 FY2010 FY2009
United States 31,846 29,480 28,738 27,984 — —
Asia 11,367 11,158 11,259 12,251 — —
MetLife Holdings 11,356 12,467 13,146 13,390 — —
Latin America 4,988 4,672 4,777 5,287 — —
EMEA 2,833 2,809 2,847 3,263 — —
Corporate & Other 354 330 233 (222) — —
Brighthouse Financial — — — 9,127 — —
Operating Segments — — — — 51,136 47,285
Segment Reconciling Items — — — — 1,111 (6,628)
Other, not broken out — — 343 2,236 — —
Eliminations (436) — — — — —
Revenue 62,308 60,787 61,343 73,316 52,247 40,657

Operating income by segment $m, and margin

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Asia general account assets under management (at amortized cost) Q2 FY2026 $141.2B $139.2B +1.48%
Holding company cash and liquid assets Q2 FY2026 $3.4B $5.2B −34.62%
Sales Q1 FY2026 $370.0M $315.0M +17.46%
Total assets under management Q2 FY2026 $748.1B — —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.