MET · XBRL financial data
MetLife financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MET's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 67,842 | 71,080 | 69,898 | 66,905 | 70,986 | 77,084 |
| Revenue from contracts with customers | 1,354 | 2,074 | 2,110 | 2,229 | 2,245 | 2,436 |
| General and administrative | 761 | 686 | 700 | 828 | 481 | 560 |
| Total operating expenses | 13,150 | 12,586 | 12,034 | 12,710 | 13,017 | 13,860 |
| Operating income (loss) | — | — | 5,978 | 5,723 | 5,996 | 6,137 |
| Interest expense | 632 | 647 | 655 | 740 | 738 | 724 |
| Income tax expense (benefit) | 1,509 | 1,551 | 301 | 560 | 1,178 | 1,258 |
| Net income (loss) | 5,407 | 6,554 | 2,539 | 1,578 | 4,426 | 3,379 |
| Earnings per share, basic USD per share | 5.72 | 7.36 | 2.93 | 1.82 | 5.98 | 4.74 |
| Earnings per share, diluted USD per share | 5.68 | 7.31 | 2.91 | 1.81 | 5.94 | 4.71 |
| Weighted average shares, basic millions of shares | 908 | 863 | 803 | 758 | 706 | 669 |
| Weighted average shares, diluted millions of shares | 913 | 869 | 809 | 762 | 711 | 673 |
Balance sheet
CSVFiscal years (MET's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 19,795 | 20,047 | 20,195 | 20,639 | 20,068 | 22,032 |
| Short-term investments | 3,904 | 7,176 | 4,935 | 6,045 | 5,156 | 3,601 |
| Right-of-use asset | 1,314 | 1,110 | 961 | 1,061 | 928 | 984 |
| Goodwill | 10,112 | 9,535 | 9,297 | 9,236 | 8,901 | 9,613 |
| Total assets | 795,146 | 759,708 | 666,611 | 687,584 | 677,457 | 745,166 |
| Commercial paper | 100 | 100 | 99 | 0 | — | — |
| Total liabilities | 720,329 | 691,959 | 639,324 | 657,331 | 649,754 | 716,245 |
| Retained earnings | 36,491 | 41,197 | 41,953 | 40,146 | 42,626 | 44,290 |
| Total stockholders' equity | 74,558 | 67,482 | 27,040 | 30,015 | 27,445 | 28,398 |
| Total liabilities and equity | 795,146 | 759,708 | 666,611 | 687,584 | 677,457 | 745,166 |
| Common shares outstanding (cover page) millions of shares | 884 | 825 | 774 | 723 | 681 | 652 |
Cash flows
CSVFiscal years (MET's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 5,407 | 6,554 | 2,539 | 1,578 | 4,426 | 3,379 |
| Net cash from operating activities | 11,639 | 12,596 | 13,204 | 13,721 | 14,598 | 17,092 |
| Net cash from investing activities | (18,569) | (11,187) | (2,620) | (10,246) | (11,493) | (15,607) |
| Share repurchases | 1,151 | 4,303 | 3,326 | 3,103 | 3,207 | 2,883 |
| Dividends paid | 1,657 | 1,647 | 1,598 | 1,566 | 1,527 | 1,509 |
| Proceeds from long-term debt | 1,124 | 29 | 1,013 | 1,989 | 1,568 | 743 |
| Net cash from financing activities | 10,729 | (1,375) | (10,108) | (2,940) | (3,131) | 163 |
| Net change in cash | 3,962 | (444) | 79 | 444 | (571) | 1,964 |
Compare with peers
SIC 6311 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Metlife | 19,301 | 19,154 | 2,228* | 635.5M | 10-QJun 30, 2026 |
| Prudential Financial | 15,162 | 15,661 | 2,346* | 345.0M | 10-QJun 30, 2026 |
| American National Group | 8,416 | 1,706 | not reported | 10,000 | 10-QJun 30, 2026 |
| Reinsurance Group of America | 5,288 | 6,637 | (484)* | 65.3M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.