MetLife, Inc. (MET)
NYSE: MET · Real-Time Price · USD
96.51
+0.26 (0.27%)
At close: Aug 28, 2026, 4:00 PM EDT
96.06
-0.45 (-0.47%)
Pre-market: Aug 31, 2026, 6:31 AM EDT
MetLife Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,626 | 3,379 | 4,426 | 1,578 | 5,284 | 6,855 |
Depreciation & Amortization | 765 | 753 | 714 | 718 | 673 | 694 |
Gain (Loss) on Sale of Investments | -696 | -696 | -347 | 1,468 | 268 | -2,417 |
Change in Accounts Receivable | -27 | -27 | 460 | -1,952 | 299 | 362 |
Change in Income Taxes | -624 | -624 | -484 | -1,177 | 198 | 856 |
Change in Insurance Reserves / Liabilities | 7,257 | 7,257 | 4,079 | 4,637 | 3,937 | 5,002 |
Change in Other Net Operating Assets | -158 | -158 | -1,898 | 600 | -1,535 | -2,021 |
Other Operating Activities | 6,118 | 7,911 | 7,595 | 7,419 | 4,215 | 6,775 |
Operating Cash Flow | 15,558 | 17,092 | 14,598 | 13,721 | 13,044 | 12,347 |
Operating Cash Flow Growth | 2.16% | 17.09% | 6.39% | 5.19% | 5.64% | 6.08% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Acquisitions | -738 | -738 | - | - | - | - |
Investment in Securities | -23,093 | -16,564 | -10,866 | -6,416 | 5,754 | -14,234 |
Other Investing Activities | -3,213 | -2,044 | -1,866 | -2,660 | -3,332 | -4,583 |
Investing Cash Flow | -23,630 | -15,607 | -11,493 | -10,246 | -2,620 | -11,187 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | - | 1,883 |
Long-Term Debt Issued | - | 2,182 | 1,853 | 2,671 | 1,013 | 29 |
Total Debt Issued | 4,047 | 2,182 | 1,853 | 2,671 | 1,013 | 1,912 |
Total Debt Repaid | -3,043 | -2,773 | -3,079 | -5,242 | -10,865 | -661 |
Net Debt Issued (Repaid) | 1,004 | -591 | -1,226 | -2,571 | -9,852 | 1,251 |
Repurchases of Common Stock | -2,439 | -2,883 | -3,207 | -3,103 | -3,326 | -4,303 |
Repurchases of Preferred Stock | -1,000 | -1,000 | - | - | - | -500 |
Common Dividends Paid | -1,508 | -1,509 | -1,527 | -1,566 | -1,598 | -1,647 |
Preferred Dividends Paid | -173 | -194 | -200 | -198 | -185 | -195 |
Total Dividends Paid | -1,681 | -1,703 | -1,727 | -1,764 | -1,783 | -1,842 |
Other Financing Activities | -302 | -508 | 66 | -213 | -297 | 192 |
Financing Cash Flow | 5,269 | 163 | -3,131 | -2,940 | -9,948 | -1,126 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -74 | 316 | -545 | -91 | -397 | -478 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | 69 | 696 |
Net Cash Flow | -2,877 | 1,964 | -571 | 444 | 148 | 252 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | -20,954 | -13,045 | 3,203 | -8,100 | 1,412 | 5,546 |
Unlevered Free Cash Flow | -20,272 | -12,381 | 3,851 | -7,447 | 1,998 | 6,121 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 1,453 | 1,564 | 1,600 | 1,833 | 1,056 | 1,102 |
Change in Working Capital | 5,380 | 5,380 | 1,366 | 1,448 | 2,099 | 3,491 |