MET Metlife margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 39

Gross margin

24.8%

Operating margin

6.1%

EBITDA margin

Net margin

4.6%

The Metlife reports a gross margin of 24.8%, an operating margin of 6.1%, an EBITDA margin of 7%, and a net margin of 4.6%. EBITDA margin led the decline across the available margins, contracting by 1.8 percentage points.

MET margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Metlife's margins averaged 24.78% gross, 6.19% operating, 7.18% EBITDA, and 4.72% net. For Metlife, gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.

MET margin expansion

Year-over-year margin changes in percentage points

Metlife's gross margin contracted by 1.2 percentage points, operating margin by 1.7 percentage points, EBITDA margin by 1.8 percentage points, and net margin by 1.3 percentage points, led by EBITDA margin with a decline of 1.8 percentage points.

Gross margin expansion

-1.2pp

Operating margin expansion

-1.7pp

EBITDA margin expansion

-1.8pp

Net margin expansion

-1.3pp

MET Gross margin

Across the last 3 years, Metlife's gross margin averaged 24.78%. The current gross margin stands at 24.8%, 0 percentage points above its three-year average. Gross margin was highest at 26.3% in Dec 2024 and lowest at 22.2% in Dec 2023.

MET Operating margin

Metlife recorded an average operating margin of 6.19% across the last 3 years. As of the latest period, Metlife's current operating margin is 6.1%, which is 0.1 percentage points below its three-year average. Looking back over the last 3 years, Metlife's operating margin reached 8.1% at its highest point in Mar 2025 and 3.2% at its lowest in Dec 2023.

MET EBITDA margin

Metlife recorded an average EBITDA margin of 7.18% across the last 3 years. Metlife's current EBITDA margin is 7% and is 0.2 percentage points below its three-year average. Looking back over the last 3 years, Metlife's EBITDA margin reached 9% at its highest point in Mar 2025 and 4.3% at its lowest in Dec 2023.

MET Net margin

Metlife recorded an average net margin of 4.72% across the last 3 years. Metlife currently reports a net margin of 4.6%, 0.1 percentage points below its three-year average. Over the last 3 years, Metlife's net margin peaked at 6.2% in Dec 2024 and reached a low of 2.4% in Dec 2023.

MET margin group comparison

Margins compared with peer-group, industry and sector averages

Metlife's gross margin of 24.8% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 83.9%, Metlife's gross margin is 70% lower.

MET margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Metlife's gross margin?

For the period ending Jun 30, 2026, MET recorded a gross margin of 24.8%.

What is Metlife's operating margin?

For the period ending Jun 30, 2026, MET recorded an operating margin of 6.1%.

What is Metlife's EBITDA margin?

As of Jun 30, 2026, MET has an EBITDA margin of 7%.

What is Metlife's net margin?

As of Jun 30, 2026, MET has a net margin of 4.6%.

What are the average margins of MET?

Metlife's average margins over the last 3 years were 24.8% gross, 6.2% operating, 7.2% EBITDA, and 4.7% net.

What are the highest historical margins of MET?

Metlife's highest recorded margins during the past 5 years were 32.1% gross in Mar 2022, 14.8% operating in Mar 2022, 15.8% EBITDA in Mar 2022, and 11.9% net in Mar 2022.

What are the lowest historical margins of MET?

Over the last 5 years, Metlife's lowest margins were 22.2% gross in Dec 2023, 3.2% operating in Dec 2023, 4.3% EBITDA in Dec 2023, and 2.4% net in Dec 2023.