MetLife Inc. (METPF) Financial Statements (2026 and earlier)

Company Profile

Business Address 200 PARK AVENUE
NEW YORK, NY 10166
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6311 - Life Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments25,63325,22426,68425,13027,22323,699
Cash and cash equivalent22,03220,06820,63920,19520,04719,795
Short-term investments3,6015,1566,0454,9357,1763,904
Disposal group, including discontinued operation     7,2387,418
Total current assets:25,63325,22426,68425,13034,46131,117
Noncurrent Assets
Operating lease, right-of-use asset 9849281,061961 1,314
Leveraged leases, net investment in leveraged leases disclosure, investment in leveraged leases    731787816
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization    9001,1001,300
Long-term investments and receivables 24,70024,90025,20025,70023,50017,900
Long-term investments 24,70024,90025,20025,70023,50017,900
Intangible asset, including goodwill, after accumulated amortization10,2499,61110,03010,17310,50711,211
Goodwill9,6138,9019,2369,2979,53510,112
Intangible asset, excluding goodwill, after accumulated amortization 6367107948769721,099
Deferred income tax assets2,5852,9942,6122,830  
Total noncurrent assets:38,51838,43338,90341,29535,89432,541
Other undisclosed assets681,015613,800621,997600,186689,353731,488
TOTAL ASSETS:745,166677,457687,584666,611759,708795,146
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities      129
Taxes payable 129
Debt355465119175341393
Total current liabilities:355465119175341522
Noncurrent Liabilities
Liabilities, other than long-term debt5361329273259,69311,008
Deferred income tax liabilities5361329273259,69311,008
Total noncurrent liabilities:5361329273259,69311,008
Other undisclosed liabilities715,354649,157656,285638,824681,925708,799
Total liabilities:716,245649,754657,331639,324691,959720,329
Temporary equity, including noncontrolling interest241     
Equity
Equity, attributable to parent28,39827,44530,01527,04067,48274,558
Common stock121212121212
Treasury stock, value(30,678)(27,798)(24,591)(21,458)(18,157)(13,829)
Additional paid in capital32,85833,79133,69033,61633,51133,812
Accumulated other comprehensive income (loss)(18,084)(21,186)(19,242)(27,083)10,91918,072
Retained earnings44,29042,62640,14641,95341,19736,491
Equity, attributable to noncontrolling interest282258238247267259
Total equity:28,68027,70330,25327,28767,74974,817
TOTAL LIABILITIES AND EQUITY:745,166677,457687,584666,611759,708795,146

Income Statement (P&L) ($ in millions)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues77,08470,98666,90569,89871,08067,842
Premiums earned, net49,77944,94544,28349,39742,00942,034
Net investment income22,55921,27319,90815,91621,39517,117
Cost of revenue(59,221)(8,339)(53,072)(55,005)(50,368)(47,765)
Policyholder benefits and claims incurred, net(49,718) (44,590)(50,612)(43,954)(41,461)
Policyholder account balance, interest expense(8,950)(8,339)(7,860)(3,692)(5,538)(5,214)
Gross profit:17,86362,64713,83314,89320,71220,077
Operating expenses(13,860) (12,710)(12,034)(12,586)(13,150)
Other operating expense, net
(Other Expenses)
   (12,656)(11,764)(11,863)(12,135)
Operating income (loss):4,00362,647(11,533)(8,905)(3,737)(5,208)
Nonoperating expense
(Investment Income, Nonoperating)
 (2,807)    
Interest and debt expense(1,061)(1,037)(1,045)(938)(920)(913)
Income (loss) from continuing operations before equity method investments, income taxes:2,94258,803(12,578)(9,843)(4,657)(6,121)
Other undisclosed income (loss) from continuing operations before income taxes1,719(53,181)14,74012,70212,78313,048
Income from continuing operations before income taxes:4,6615,6222,1622,8598,1266,927
Income tax expense(1,258)(1,178)(560)(301)(1,551)(1,509)
Income from continuing operations:3,4034,4441,6022,5586,5755,418
Income before gain (loss) on sale of properties:6,5755,418
Net income:3,4034,4441,6022,5586,5755,418
Net income (loss) attributable to noncontrolling interest(24)(18)(24)(19)(21)(11)
Net income attributable to parent:3,3794,4261,5782,5396,5545,407
Preferred stock dividends and other adjustments(12)   (6)(14)
Other undisclosed net loss available to common stockholders, basic(194)(200)(198)(185)(195)(202)
Net income available to common stockholders, diluted:3,1734,2261,3802,3546,3535,191

Comprehensive Income ($ in millions)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:3,4034,4441,6022,5586,5755,418
Other comprehensive income (loss)4,178(1,940)3,361(38,008)(7,150)5,025
Other undisclosed comprehensive loss      
Comprehensive income (loss):7,5812,5044,963(35,450)(575)10,443
Comprehensive loss, net of tax, attributable to noncontrolling interest(26)(22)(6)(13)(24)(16)
Other undisclosed comprehensive loss, net of tax, attributable to parent      
Comprehensive income (loss), net of tax, attributable to parent:7,5552,4824,957(35,463)(599)10,427

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: