MetLife, Inc. provides insurance and financial services to individual and institutional customers. It offers life insurance, annuities, automobile and homeowner's insurance and retail banking services to individuals as well as group insurance, reinsurance and retirement and savings products and services. The company operates through the following segments: U.S., Asia, Latin America, EMEA, MetLife Holdings and Corporate & Other. The U.S. segment offers a broad range of protection products and services aimed at serving the financial needs of customers throughout their lives. The U.S. segment is organized into three businesses: Group Benefits, Retirement and Income Solutions and Property & Casualty. The Asia segment offers a broad range of products to individuals and corporations, as well as other institutions and their respective employees, which include whole life, term life, variable life, universal life, accident & health insurance, fixed and variable annuities and endowment products. The Latin America segment offers a broad range of products to individuals and corporations, as well as other institutions and their respective employees, which include life insurance, accident & health insurance, credit insurance and retirement and savings products. The EMEA segment offers a broad range of products to individuals and corporations, as well as other institutions and their respective employees, which include life insurance, accident & health insurance, credit insurance and retirement and savings products. The MetLife Holdings segment consists of operations relating to products and businesses, such as variable, universal, term and whole life insurance, variable, fixed and index-linked annuities, long-term care insurance, as well as the assumed variable annuity guarantees. The Corporate & Other segment contains the excess capital, as well as certain charges and activities, not allocated to the segments. Metlife was founded in 1868 and is headquartered in New York, NY.
Highlights
The P/E is 81% below the 5-year quarterly average of 26.1 and 9% below the last 4 quarters average of 5.6
MET's equity is up by 19% year-on-year and by 8% since the previous quarter
MET's EPS is up by 27% YoY but it is down by 18% QoQ
The net income rose by 20% year-on-year but it has declined by 18% since the previous quarter
The debt has grown by 7% YoY
The company's gross margin fell by 6% QoQ
Key stats
What are the main financial stats of MET
Market
Shares outstanding
907.66M
Market cap
$35.83B
Enterprise value
$30.47B
Valuations
Price to earnings (P/E)
5.08
Price to book (P/B)
0.47
Price to sales (P/S)
0.53
EV/EBIT
3.55
EV/EBITDA
3.31
EV/Sales
0.45
Earnings
Revenue
$68.23B
EBIT
$8.59B
EBITDA
$9.22B
Free cash flow
$12.02B
Per share
EPS
$7.77
Free cash flow per share
$13.24
Book value per share
$83.4
Revenue per share
$75.18
TBVPS
$835.55
Balance sheet
Total assets
$767.58B
Total liabilities
$691.64B
Debt
$18.94B
Equity
$75.69B
Working capital
N/A
Liquidity
Debt to equity
0.25
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.58
Margins
EBITDA margin
13.5%
Gross margin
32.1%
Net margin
10.7%
Operating margin
12.6%
Efficiency
Return on assets
1%
Return on equity
10.2%
Return on invested capital
1.2%
Return on capital employed
N/A
Return on sales
12.6%
Dividend
Dividend yield
4.56%
DPS
$1.8
Payout ratio
23.2%
MET stock price
How has the Metlife stock price performed over time
Financial performance
How have Metlife's revenue and profit performed over time
Revenue
$68.23B
Gross profit
$21.92B
Operating income
$8.59B
Net income
$7.32B
Gross margin
32.1%
Net margin
10.7%
The net income rose by 20% year-on-year but it has declined by 18% since the previous quarter
MET's operating income is down by 20% from the previous quarter but it is up by 13% YoY
MET's operating margin is down by 15% since the previous quarter but it is up by 10% year-on-year
The net margin has grown by 15% YoY but it has contracted by 14% from the previous quarter
Growth
What is Metlife's growth rate over time
Valuation
What is Metlife stock price valuation
P/E
5.08
P/B
0.47
P/S
0.53
EV/EBIT
3.55
EV/EBITDA
3.31
EV/Sales
0.45
The P/E is 81% below the 5-year quarterly average of 26.1 and 9% below the last 4 quarters average of 5.6
MET's EPS is up by 27% YoY but it is down by 18% QoQ
MET's P/B is 33% below its 5-year quarterly average of 0.7 and 22% below its last 4 quarters average of 0.6
MET's equity is up by 19% year-on-year and by 8% since the previous quarter
The P/S is 24% below the 5-year quarterly average of 0.7 and 12% below the last 4 quarters average of 0.6
The revenue has decreased by 4.7% QoQ but it has increased by 3.8% YoY
Efficiency
How efficient is Metlife business performance
Metlife's ROA has increased by 25% YoY but it has decreased by 17% from the previous quarter
The company's return on equity fell by 22% QoQ and by 2.9% YoY
MET's ROIC is down by 20% from the previous quarter but it is up by 9% YoY
MET's ROS is down by 15% QoQ but it is up by 10% YoY
Dividends
What is MET's dividend history
DPS
$1.8
Dividend yield
4.56%
Payout ratio
23.2%
Recent dividends
Financial health
How did Metlife financials performed over time
Metlife's total assets is 11% higher than its total liabilities
Metlife's total assets has increased by 4.8% YoY and by 4% QoQ
MET's total liabilities is up by 3.7% since the previous quarter and by 3.5% year-on-year
The debt is 75% less than the equity
MET's equity is up by 19% year-on-year and by 8% since the previous quarter
The debt to equity has decreased by 11% YoY and by 7% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.