MetLife, Inc. (MET)

MetLife Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	66,905	68,770	68,696	67,842	69,620
Revenue Growth (YoY)	-2.71%	0.11%	1.26%	-2.55%	2.47%
Cost of Revenue	52,033	50,547	48,160	47,765	49,136
Gross Profit	14,872	18,223	20,536	20,077	20,484
Other Operating Expenses	12,710	11,859	12,018	13,150	13,689
Operating Expenses	12,710	11,859	12,018	13,150	13,689
Operating Income	2,162	6,364	8,518	6,927	6,795
Other Expense / Income	24	18	21	11	10
Pretax Income	2,138	6,346	8,497	6,916	6,785
Income Tax	560	1,062	1,642	1,509	886
Net Income	1,578	5,284	6,855	5,407	5,899
Preferred Dividends	198	185	201	216	178
Net Income Common	1,380	5,099	6,654	5,191	5,721
Net Income Growth	-72.94%	-23.37%	28.18%	-9.26%	14.83%
Shares Outstanding (Basic)	740	785	841	900	920
Shares Change	-5.66%	-6.72%	-6.53%	-2.14%	-6.81%
EPS (Basic)	1.82	6.35	7.71	5.72	6.10
EPS (Diluted)	1.81	6.30	7.65	5.68	6.06
EPS Growth	-71.27%	-17.65%	34.68%	-6.27%	23.42%
Free Cash Flow	13,721	13,044	12,347	11,639	13,786
Free Cash Flow Per Share	18.54	16.63	14.68	12.93	14.99
Dividend Per Share	2.060	1.980	1.900	1.820	1.740
Dividend Growth	4.04%	4.21%	4.40%	4.60%	4.82%
Gross Margin	22.23%	26.50%	29.89%	29.59%	29.42%
Operating Margin	3.23%	9.25%	12.40%	10.21%	9.76%
Profit Margin	2.06%	7.41%	9.69%	7.65%	8.22%
Free Cash Flow Margin	20.51%	18.97%	17.97%	17.16%	19.80%
Effective Tax Rate	26.19%	16.73%	19.32%	21.82%	13.06%
EBITDA	2,856	7,019	9,191	7,535	7,415
EBITDA Margin	4.27%	10.21%	13.38%	11.11%	10.65%
Depreciation & Amortization	718	673	694	619	630
EBIT	2,138	6,346	8,497	6,916	6,785
EBIT Margin	3.20%	9.23%	12.37%	10.19%	9.75%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).