MetLife, Inc. (MET) vs Primerica, Inc. (PRI)

MetLife, Inc. and Primerica, Inc. are both Insurance Life companies. MetLife, Inc. is the larger, with a market value of $61.6B against $8.5B — 7.3× the size. Primerica, Inc. trades at the lower P/E: 11.1× against 18.7×. MetLife, Inc. grew revenue faster over the last twelve months: 8.75% against 8.57%. Primerica, Inc. has the higher net margin (23.2% vs 4.33%) and the higher return on invested capital (17.9% vs 10.7%). Both pay a dividend; MetLife, Inc. yields more (3.19% vs 1.10%). Across the 23 metrics below, Primerica, Inc. leads on 15 and MetLife, Inc. on 8.

Valuation

Metric MET PRI Insurance Life median
P/E 18.72 11.05 12.15
P/S 0.79 2.51 0.75
P/B 2.26 3.41 1.12
Price to free cash flow 4.04 10.21 7.78
EV/EBITDA 13.07 7.87 8.42
EV/Sales 0.80 3.20 0.80
Earnings yield 5.34% 9.05% 8.23%
Free cash flow yield 24.78% 9.80% 11.12%

Profitability

Metric MET PRI Insurance Life median
Gross margin 24.66% 81.38% 32.44%
Operating margin 6.13% 30.60% 11.31%
Net margin 4.33% 23.20% 6.61%
Free cash flow margin 19.59% 24.54% 15.04%
Return on equity 12.36% 32.97% 8.67%
Return on assets 0.47% 5.38% 0.67%
Return on invested capital 10.65% 17.86% 8.20%

Growth

Metric MET PRI Insurance Life median
Revenue growth (TTM) 8.75% 8.57% 7.91%
EPS growth (last fiscal year) (20.71%) 67.10% —
Revenue growth, 5-year CAGR 2.59% 8.22% 1.08%
Net income growth, 5-year CAGR (9.38%) 14.33% 0.00%

Health

Metric MET PRI Insurance Life median
Debt to equity 0.73 0.66 0.48
Current ratio 0.15 0.33 0.21
Net debt to EBITDA (0.76) 0.76 0.12

Dividend

Metric MET PRI Insurance Life median
Dividend yield 3.19% 1.10% 2.41%
Payout ratio 4.70 0.22 0.17

Size

Metric MET PRI Insurance Life median
Market cap 61.64b 8.45b 7.92b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack