MetLife (MET): financials, SEC filings and peers
MetLife (MET) is a life & health insurance company in the Financials sector of the S&P 500, headquartered in New York City, New York.
It was founded in 1868 and joined the S&P 500 on December 11, 2000.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Life Insurance”.
MetLife at a glance
- Revenue (12 months)
- $79.4B
- Revenue growth
- +8.7%
- Operating margin
- 8.3%
- Net income (12 months)
- $3.6B
- Free cash flow (12 months)
- —
- Cash
- $19.3B
- Debt
- $14.7B
- Diluted EPS (12 months)
- $5.22
Twelve months to June 30, 2026, from the 10-Q filed August 6, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, MetLife reported revenue of $79.4 billion, up 8.7% from a year earlier.
Its operating margin was 8.3%: for every $100 of sales, about $8 was left as operating profit.
Net income was $3.6 billion (4.6% of revenue), 15.4% lower than a year earlier.
Profit fell while sales grew, which usually points to higher costs, heavier investment or one-time items. The filings explain which.
At the end of the period it held $19.3 billion in cash and $14.7 billion in debt, a net cash position of $4.6 billion.
The diluted share count fell 4.2% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $67.8 billion in fiscal 2020 to $77.1 billion in fiscal 2025, about 2.6% a year.
- Operating margin has been steady, around 8.0%.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $68.7B | $68.8B | $66.9B | $71.0B | $77.1B |
| Revenue growth | 1.3% | 0.1% | -2.7% | 6.1% | 8.6% |
| Operating margin | — | 8.7% | 8.6% | 8.4% | 8.0% |
| Net income | $6.9B | $5.3B | $1.6B | $4.4B | $3.4B |
| Free cash flow | — | — | — | — | — |
| Diluted EPS | $7.65 | $6.30 | $1.81 | $5.94 | $4.71 |
Fiscal years as reported in MetLife’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 24, 2026 — Regulation FD disclosure
- 8-K filed August 17, 2026 — Other event
- 10-Q filed August 6, 2026 — quarterly report
- 8-K filed August 5, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed June 29, 2026 — Regulation FD disclosure
- 8-K filed June 22, 2026 — Shareholder vote results
- 8-K filed May 15, 2026 — Other event
- 10-Q filed May 7, 2026 — quarterly report
Companies like MetLife
Other S&P 500 companies in Life & Health Insurance:
- AFLAflacColumbus, Georgia
- GLGlobe LifeMcKinney, Texas
- PFGPrincipal Financial GroupDes Moines, Iowa
- PRUPrudential FinancialNewark, New Jersey
More from Financials
Questions about MetLife
Is MetLife's revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $79.4 billion, up 8.7% from a year earlier, according to its SEC filings.
Is MetLife profitable?
Yes. It earned $3.6 billion in net income over the twelve months to June 30, 2026, a net margin of 4.6%.
Does MetLife have more cash or more debt?
At June 30, 2026 it had $19.3 billion in cash and $14.7 billion in debt, so more cash than debt.
When did MetLife last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 6, 2026.
Which companies are similar to MetLife?
In the S&P 500, MetLife is grouped in Life & Health Insurance within the Financials sector. Aflac (AFL), Globe Life (GL), Principal Financial Group (PFG), Prudential Financial (PRU) are in the same group.
Understand the numbers
Source: MetLife’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.