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 Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 736 | 1,185 | 809 | 896 | 729 | 945 | 1,271 | 1,342 | 946 | 867 | 607 | 489 | 402 | 80 | 1,578 | 1,162 | 910 | 1,634 | 1,205 | 1,584 |
Depreciation & Amortization | 40 | 29 | 666 | 30 | 28 | 29 | 623 | 32 | 30 | 29 | 634 | 26 | 30 | 28 | 585 | 29 | 31 | 28 | 368 | 31 |
Other Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 234 | - |
Gain (Loss) on Sale of Investments | - | - | -696 | - | - | - | -347 | - | - | - | 1,468 | - | - | - | 268 | - | - | - | -2,384 | - |
Change in Accounts Receivable | - | - | -27 | - | - | - | 460 | - | - | - | -1,952 | - | - | - | 299 | - | - | - | 389 | - |
Change in Income Taxes | - | - | -624 | - | - | - | -484 | - | - | - | -1,177 | - | - | - | 198 | - | - | - | 598 | - |
Change in Insurance Reserves / Liabilities | - | - | 7,257 | - | - | - | 4,079 | - | - | - | 4,637 | - | - | - | 3,937 | - | - | - | 4,553 | - |
Change in Other Net Operating Assets | - | - | -158 | - | - | - | -1,898 | - | - | - | 600 | - | - | - | -1,535 | - | - | - | -852 | - |
Other Operating Activities | 1,452 | 1,473 | 552 | 2,641 | 1,430 | 3,288 | 854 | 2,795 | 2,514 | 1,432 | -65 | 2,960 | 2,606 | 1,918 | -2,734 | 3,119 | 3,452 | 378 | 4,386 | 1,891 |
Operating Cash Flow | 2,228 | 2,687 | 7,076 | 3,567 | 2,187 | 4,262 | 4,611 | 4,169 | 3,490 | 2,328 | 5,182 | 3,475 | 3,038 | 2,026 | 2,301 | 4,310 | 4,393 | 2,040 | 5,340 | 3,506 |
Operating Cash Flow Growth (YoY) | 1.88% | -36.95% | 53.46% | -14.44% | -37.34% | 83.08% | -11.02% | 19.97% | 14.88% | 14.91% | 125.21% | -19.37% | -30.84% | -0.69% | -56.91% | 22.93% | 94.90% | 36.36% | 3.63% | -7.57% |
Investing Activities
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 |
Cash Acquisitions | - | - | -738 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investment in Securities | -8,939 | -5,160 | -3,632 | -5,362 | -3,427 | -4,143 | -5,131 | -2,316 | -1,164 | -2,255 | 1,238 | -2,417 | -6,160 | 923 | 1,148 | -2,102 | 5,673 | 1,035 | -3,894 | -7,970 |
Other Investing Activities | -884 | -880 | -954 | -495 | -334 | -261 | -624 | 112 | -791 | -563 | -279 | -978 | -960 | -443 | -410 | -883 | -1,298 | -741 | -321 | -423 |
Investing Cash Flow | -8,871 | -5,455 | -4,286 | -5,018 | -2,981 | -3,322 | -5,364 | -2,162 | -1,340 | -2,627 | 576 | -2,972 | -6,346 | -1,504 | -197 | -4,112 | 2,115 | -426 | -2,862 | -8,280 |
Financing Activities
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 |
Short-Term Debt Issued | - | 1,068 | - | - | - | 233 | - | - | - | 50 | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Issued | - | 1,176 | - | - | - | 1,155 | - | - | - | 800 | - | - | - | 1,000 | - | - | - | - | - | - |
Total Debt Issued | 1,668 | 2,244 | 88 | 47 | 659 | 1,388 | 159 | -53 | 897 | 850 | 328 | 1,066 | 277 | 1,000 | - | 1,007 | 6 | - | 604 | 787 |
Total Debt Repaid | -1,055 | -601 | -1,119 | -268 | -563 | -823 | -257 | -580 | -1,770 | -472 | -498 | -1,049 | -1,605 | -2,090 | -4,149 | 1,141 | -6,504 | -1,353 | -82 | -524 |
Net Debt Issued (Repaid) | 613 | 1,643 | -1,031 | -221 | 96 | 565 | -98 | -633 | -873 | 378 | -170 | 17 | -1,328 | -1,090 | -4,149 | 2,148 | -6,498 | -1,353 | 522 | 263 |
Repurchases of Common Stock | -722 | -755 | -460 | -502 | -510 | -1,411 | -406 | -774 | -855 | -1,172 | -859 | -792 | -672 | -780 | -596 | -674 | -1,116 | -940 | -1,176 | -1,015 |
Repurchases of Preferred Stock | - | - | - | -1,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Common Dividends Paid | -383 | -372 | -375 | -378 | -382 | -374 | -378 | -383 | -389 | -377 | -386 | -392 | -399 | -389 | -393 | -400 | -408 | -397 | -405 | -413 |
Preferred Dividends Paid | -31 | -45 | -31 | -66 | -31 | -66 | -32 | -67 | -34 | -67 | -33 | -67 | -32 | -66 | -29 | -64 | -29 | -63 | -29 | -63 |
Total Dividends Paid | -414 | -417 | -406 | -444 | -413 | -440 | -410 | -450 | -423 | -444 | -419 | -459 | -431 | -455 | -422 | -464 | -437 | -460 | -434 | -476 |
Other Financing Activities | 39 | -138 | -161 | -42 | -35 | -270 | -33 | 122 | 71 | -94 | 54 | -251 | 32 | -48 | -91 | -147 | -81 | 22 | -33 | -51 |
Financing Cash Flow | 3,216 | 3,559 | -998 | -508 | 1,449 | 220 | -519 | -1,146 | -1,205 | -261 | -176 | -848 | 379 | -2,295 | -4,468 | 1,743 | -9,088 | 1,865 | -1,335 | -1,108 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 41 | -136 | 7 | 14 | 197 | 98 | -425 | 118 | 1 | -239 | 145 | -160 | -110 | 34 | 359 | -289 | -383 | -84 | -86 | -200 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23 | 46 | 696 | -661 |
Net Cash Flow | -3,386 | 655 | 1,799 | -1,945 | 852 | 1,258 | -1,697 | 979 | 946 | -799 | 5,727 | -505 | -3,039 | -1,739 | -2,005 | 1,652 | -2,940 | 3,441 | 1,753 | -6,743 |
Free Cash Flow
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 |
Levered Free Cash Flow | -2,547 | -5,346 | -1,308 | -11,751 | 977.38 | -960.88 | 1,218 | 1,559 | -159.38 | 585.38 | -5,853 | 2,815 | -5,099 | 37.5 | -1,599 | -3,906 | -230.25 | 7,146 | -2,177 | -1,614 |
Unlevered Free Cash Flow | -2,364 | -5,181 | -1,144 | -11,581 | 1,146 | -799.63 | 1,380 | 1,719 | 1.25 | 750.38 | -5,685 | 2,980 | -4,939 | 196.88 | -1,444 | -3,756 | -89 | 7,287 | -2,037 | -1,464 |
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 |
Cash Income Tax Paid | 588 | 231 | 326 | 308 | 783 | 147 | 327 | 279 | 864 | 130 | 481 | 236 | 945 | 171 | 444 | 35 | 482 | 95 | 241 | 113 |
Change in Working Capital | - | - | 5,380 | - | - | - | 1,366 | - | - | - | 1,448 | - | - | - | 2,099 | - | - | - | 4,582 | - |