MetLife, Inc. (MET)
NYSE: MET · Real-Time Price · USD
95.17
-1.34 (-1.39%)
At close: Aug 31, 2026, 4:00 PM EDT
95.75
+0.58 (0.61%)
After-hours: Aug 31, 2026, 7:48 PM EDT
MetLife Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Investments in Debt Securities | 322,183 | 316,110 | 314,870 | 304,523 | 298,737 | 291,735 | 281,043 | 293,779 | 277,736 | 278,409 | 281,412 | 270,982 | 283,857 | 283,854 | 276,780 | 269,931 | 283,323 | 319,640 | 340,274 | 340,559 |
Investments in Equity & Preferred Securities | 32,910 | 31,169 | 32,706 | 30,236 | 28,138 | 27,045 | 28,482 | 26,578 | 27,418 | 27,551 | 28,028 | 27,572 | 28,147 | 28,623 | 28,183 | 27,678 | 29,056 | 30,064 | 30,501 | 29,366 |
Policy Loans | 8,226 | 8,455 | 8,547 | 8,589 | 8,664 | 8,663 | 8,545 | 8,822 | 8,691 | 8,800 | 8,788 | 8,725 | 8,788 | 8,863 | 8,874 | 8,783 | 8,876 | 9,036 | 9,111 | 9,186 |
Other Investments | 9,717 | 6,695 | 4,911 | 7,374 | 6,766 | 6,986 | 6,759 | 8,332 | 6,080 | 7,195 | 7,899 | 9,212 | 9,618 | 6,301 | 6,393 | 6,610 | 4,417 | 4,486 | 8,425 | 8,325 |
Total Investments | 468,957 | 459,511 | 459,067 | 453,482 | 446,182 | 439,024 | 430,188 | 445,083 | 426,387 | 429,667 | 435,640 | 425,472 | 440,409 | 430,792 | 421,702 | 412,890 | 425,134 | 461,453 | 486,558 | 487,389 |
Cash & Equivalents | 19,301 | 22,687 | 22,032 | 20,233 | 22,178 | 21,326 | 20,068 | 21,765 | 20,786 | 19,840 | 20,639 | 14,912 | 15,417 | 18,456 | 20,195 | 22,200 | 20,548 | 23,488 | 20,047 | 18,956 |
Reinsurance Recoverable | 203 | 233 | 139 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Receivables | 56,472 | 56,172 | 55,136 | 46,116 | 37,414 | 36,992 | 35,396 | 37,418 | 37,688 | 35,465 | 34,743 | 24,691 | 24,312 | 24,296 | 22,778 | 22,989 | 23,011 | 23,192 | 22,410 | 23,150 |
Deferred Policy Acquisition Cost | 20,293 | 19,951 | 19,733 | 19,733 | 19,487 | 18,678 | 18,178 | 18,782 | 18,050 | 18,238 | 18,388 | 19,737 | 19,850 | 19,976 | 17,644 | 21,523 | 20,248 | 18,409 | 13,643 | 16,191 |
Separate Account Assets | 156,850 | 147,686 | 151,933 | 146,344 | 143,175 | 138,143 | 139,504 | 148,809 | 139,707 | 141,003 | 144,634 | 135,624 | 145,946 | 148,417 | 146,038 | 135,771 | 143,829 | 165,056 | 179,873 | 180,954 |
Property, Plant & Equipment | - | - | 3,784 | - | - | - | 3,528 | - | - | - | 3,561 | - | - | - | 3,461 | - | - | - | 2,210 | - |
Goodwill | 9,536 | 9,565 | 9,613 | 9,095 | 9,142 | 9,036 | 8,901 | 9,155 | 8,950 | 9,037 | 9,236 | 9,109 | 9,261 | 9,379 | 9,297 | 9,005 | 9,151 | 9,510 | 9,535 | 9,638 |
Other Intangible Assets | - | - | 636 | - | - | - | 710 | - | - | - | 794 | - | - | - | 876 | - | - | - | 2,272 | - |
Other Current Assets | 11,093 | 11,015 | 10,554 | 7,804 | 7,855 | 8,722 | 8,565 | 7,377 | 7,769 | 7,684 | 7,640 | 7,435 | 7,600 | 7,571 | 8,857 | 10,538 | 7,824 | 10,132 | 12,315 | 12,467 |
Long-Term Deferred Tax Assets | 3,167 | 2,901 | 2,585 | 2,719 | 2,925 | 2,524 | 2,994 | 2,469 | 2,681 | 2,751 | 2,612 | 3,174 | 2,377 | 2,257 | 2,439 | 2,700 | - | - | 189 | - |
Long-Term Deferred Charges | - | - | 13 | - | - | - | - | - | - | - | 146 | - | - | - | 133 | - | - | - | 107 | - |
Other Long-Term Assets | 13,500 | 13,490 | 9,941 | 14,200 | 14,112 | 13,871 | 9,425 | 14,118 | 13,727 | 13,891 | 9,551 | 11,966 | 12,107 | 13,122 | 9,652 | 12,488 | 13,148 | 13,044 | 10,549 | 12,919 |
Total Assets | 759,372 | 743,211 | 745,166 | 719,726 | 702,470 | 688,316 | 677,457 | 704,976 | 675,745 | 677,576 | 687,584 | 652,120 | 677,279 | 674,266 | 663,072 | 650,104 | 662,893 | 724,284 | 759,708 | 761,664 |
Liabilities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Accrued Expenses | - | - | - | - | - | - | - | - | - | - | - | 22 | - | - | - | - | - | - | - | - |
Insurance & Annuity Liabilities | 453,080 | 447,997 | 427,573 | 436,828 | 430,437 | 421,245 | 397,032 | 423,900 | 408,686 | 409,460 | 397,692 | 338,594 | 349,511 | 347,247 | 378,787 | 335,349 | 330,088 | 336,852 | 345,100 | 336,823 |
Unpaid Claims | 14,224 | 14,224 | 17,130 | 13,328 | 16,118 | 16,805 | 16,118 | 17,002 | 16,513 | 16,754 | 16,468 | 16,605 | 14,027 | 16,486 | 16,098 | 20,409 | 20,264 | 20,506 | 20,013 | 19,750 |
Reinsurance Payable | - | - | - | - | - | - | - | - | - | - | 770 | - | - | - | - | - | - | - | - | - |
Current Portion of Long-Term Debt | 3,998 | 3,805 | 3,938 | 3,704 | 3,612 | 3,416 | 3,714 | 2,996 | 3,519 | 3,164 | 2,984 | 3,924 | 2,669 | 2,567 | 3,558 | 3,116 | 2,419 | 1,289 | 281 | 388 |
Current Portion of Leases | - | - | 218 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Short-Term Debt | 19,342 | 18,561 | 17,470 | 17,517 | 17,526 | 17,821 | 17,593 | 17,536 | 18,109 | 17,597 | 17,643 | 17,958 | 19,006 | 20,031 | 21,112 | 25,073 | 24,015 | 30,804 | 32,261 | 31,728 |
Current Income Taxes Payable | - | - | - | - | - | - | - | - | - | 10 | - | 59 | - | 554 | - | - | - | - | - | 103 |
Long-Term Debt | 26,971 | 27,125 | 42,802 | 26,652 | 26,965 | 26,711 | 42,270 | 26,670 | 26,327 | 19,724 | 44,514 | 85,286 | 84,974 | 75,885 | 35,465 | 76,007 | 76,375 | 78,058 | 75,174 | 77,371 |
Long-Term Leases | - | - | 926 | - | - | - | 1,085 | - | - | - | 1,263 | - | - | - | 1,203 | - | - | - | 1,376 | - |
Long-Term Deferred Tax Liabilities | 311 | 382 | 536 | 574 | 430 | 430 | 132 | 956 | 216 | 835 | 927 | 128 | 752 | 1,111 | 950 | 172 | 1,301 | 5,690 | 9,693 | 9,850 |
Separate Account Liability | 156,850 | 147,686 | 151,933 | 146,344 | 143,175 | 138,143 | 139,504 | 148,809 | 139,707 | 141,003 | 144,634 | 135,624 | 145,946 | 148,417 | 146,038 | 135,771 | 143,829 | 165,056 | 179,873 | 180,954 |
Other Current Liabilities | 8,855 | 8,504 | 8,974 | 8,831 | 8,935 | 8,632 | 8,912 | 8,668 | 8,796 | 8,259 | 8,203 | 6,368 | 6,656 | 6,214 | 8,054 | 9,517 | 9,054 | 12,677 | 10,869 | 15,459 |
Other Long-Term Liabilities | 47,780 | 47,126 | 43,120 | 36,757 | 27,345 | 27,358 | 21,713 | 27,275 | 26,332 | 31,974 | 20,459 | 21,657 | 23,246 | 23,331 | 19,963 | 19,360 | 18,181 | 19,115 | 14,985 | 19,905 |
Total Liabilities | 731,411 | 715,410 | 716,245 | 690,535 | 674,543 | 660,561 | 649,754 | 673,812 | 648,205 | 648,780 | 657,331 | 626,225 | 646,787 | 641,843 | 632,947 | 624,774 | 625,526 | 670,047 | 691,959 | 692,331 |
Shareholders' Equity
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Common Stock | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Additional Paid-In Capital | 32,933 | 32,921 | 32,858 | 32,855 | 33,822 | 33,820 | 33,791 | 33,766 | 33,740 | 33,718 | 33,690 | 33,666 | 33,630 | 33,617 | 33,616 | 33,589 | 33,548 | 33,531 | 33,511 | 33,457 |
Retained Earnings | 45,380 | 45,058 | 44,290 | 43,887 | 43,447 | 43,131 | 42,626 | 41,765 | 40,873 | 40,350 | 40,146 | 39,958 | 39,928 | 39,957 | 40,332 | 41,032 | 41,101 | 41,406 | 41,197 | 40,426 |
Treasury Stock | -32,141 | -31,440 | -30,678 | -30,244 | -29,737 | -29,222 | -27,798 | -27,418 | -26,637 | -25,774 | -24,591 | -23,724 | -22,923 | -22,245 | -21,458 | -20,862 | -20,188 | -19,072 | -18,157 | -16,956 |
Comprehensive Income & Other | -18,743 | -19,227 | -18,084 | -17,566 | -19,859 | -20,248 | -21,186 | -17,240 | -20,736 | -19,771 | -19,242 | -24,254 | -20,386 | -19,147 | -22,621 | -28,695 | -17,372 | -1,912 | 10,919 | 12,111 |
Total Common Equity | 27,441 | 27,324 | 28,398 | 28,944 | 27,685 | 27,493 | 27,445 | 30,885 | 27,252 | 28,535 | 30,015 | 25,658 | 30,261 | 32,194 | 29,881 | 25,076 | 37,101 | 53,965 | 67,482 | 69,050 |
Minority Interest | 520 | 477 | 523 | 247 | 242 | 262 | 258 | 279 | 288 | 261 | 238 | 237 | 231 | 229 | 244 | 254 | 266 | 272 | 267 | 283 |
Shareholders' Equity | 27,961 | 27,801 | 28,921 | 29,191 | 27,927 | 27,755 | 27,703 | 31,164 | 27,540 | 28,796 | 30,253 | 25,895 | 30,492 | 32,423 | 30,125 | 25,330 | 37,367 | 54,237 | 67,749 | 69,333 |
Total Liabilities & Equity | 759,372 | 743,211 | 745,166 | 719,726 | 702,470 | 688,316 | 677,457 | 704,976 | 675,745 | 677,576 | 687,584 | 652,120 | 677,279 | 674,266 | 663,072 | 650,104 | 662,893 | 724,284 | 759,708 | 761,664 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Filing Date Shares Outstanding | 635.48 | 643.44 | 652.05 | 658.89 | 665.03 | 671.3 | 681.23 | 692.42 | 700.32 | 711.12 | 723.02 | 740.19 | 752.02 | 765.82 | 774.36 | 784.61 | 797.61 | 813.21 | 825.08 | 841.16 |
Total Common Shares Outstanding | 637.75 | 646.02 | 655.33 | 660.72 | 666.83 | 673.29 | 689.21 | 693.65 | 703.76 | 715.66 | 730.82 | 744.37 | 757.21 | 769.18 | 779.1 | 787.34 | 797.58 | 814.81 | 825.54 | 844.53 |
Total Debt | 50,311 | 49,491 | 65,354 | 47,873 | 48,103 | 47,948 | 64,662 | 47,202 | 47,955 | 40,485 | 66,404 | 107,168 | 106,649 | 98,483 | 61,338 | 104,196 | 102,809 | 110,151 | 109,092 | 109,487 |
Net Cash (Debt) | -31,010 | -26,804 | -43,322 | -27,640 | -25,925 | -26,622 | -44,594 | -25,437 | -27,169 | -20,645 | -45,765 | -92,256 | -91,232 | -80,027 | -41,143 | -81,996 | -82,261 | -86,663 | -89,045 | -90,531 |
Net Cash Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share | -47.94 | -40.88 | -65.42 | -41.31 | -38.41 | -38.75 | -63.90 | -36.15 | -38.01 | -28.34 | -61.56 | -122.11 | -118.54 | -102.44 | -52.07 | -102.41 | -101.00 | -104.35 | -105.35 | -105.12 |
Book Value Per Share | 43.03 | 42.30 | 43.33 | 43.81 | 41.52 | 40.83 | 39.82 | 44.53 | 38.72 | 39.87 | 41.07 | 34.47 | 39.96 | 41.86 | 38.35 | 31.85 | 46.52 | 66.23 | 81.74 | 81.76 |
Tangible Book Value | 17,905 | 17,759 | 18,149 | 19,849 | 18,543 | 18,457 | 17,834 | 21,730 | 18,302 | 19,498 | 19,985 | 16,549 | 21,000 | 22,815 | 19,708 | 16,071 | 27,950 | 44,455 | 55,675 | 59,412 |
Tangible Book Value Per Share | 28.08 | 27.49 | 27.69 | 30.04 | 27.81 | 27.41 | 25.88 | 31.33 | 26.01 | 27.24 | 27.35 | 22.23 | 27.73 | 29.66 | 25.30 | 20.41 | 35.04 | 54.56 | 67.44 | 70.35 |