MetLife is one of the largest life insurers in the US by assets and provides a variety of life insurance and annuity products. It is organized into six segments: group benefits, retirement and income solutions, Asia, Latin America, Europe/Middle East/Africa (EMEA), and MetLife Investment Managenent.
It is a $62.5B financial services company. Revenue grew 8.7% over the last year, and it keeps 5¢ of every dollar of sales as profit. It trades at 17.2× earnings — around the middle of its own history.
- Website
- metlife.com
- Location
- New York, NY
- Employees
- 46 000
- Sector
- Financial Services
- Founded
- 1972
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation; Growth, Profitability, Health and Moat lag behind.
Valuation82
- P/E vs own history60th pct · 12/25
- FCF yield24.9% · 25/25
- P/S0.8x · 25/25
- EV/EBITDA10.8x · 20/25
Growth31
- Revenue CAGR2.0% · 6/25
- Net income CAGR-15.3% · 0/25
- EPS CAGR ~5Y-11.1% · 0/25
- Fwd implied growth94.2% · 25/25
Profitability48
- ROIC108.3% · 25/25
- ROE12.9% · 12/25
- Net margin4.6% · 6/25
- Operating margin7.4% · 5/25
Health46
- Altman Z0.15 · 3/25
- Current ratio0.04 · 0/25
- Interest coverage5.8x · 18/25
- Net cash / debtNet cash · 25/25
Quality55
- Piotroski F6/9 · 15/25
- Beneish M-2.35 · 20/25
- FCF conversionn/a · 0/25
- Margin stabilityσ 5.4% · 20/25
Moat25
- ROIC >12% years6/10 yrs · 13/25
- Median gross marginn/a · 0/25
- FCF-positive yearsn/a · 0/25
- Worst-year net marginworst 1.3% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2021FinancialBest year on record$6.55B net income
- 2019AcquisitionMetLife acquired PetFirst Healthcare, renaming it to MetLife Pet Insurance Solutions
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $50B$63.5B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2015MilestoneMetLife was ranked as number one on Fortune magazine's list of World's Most Admired Companies in the…
- 2014ProductMetLife launched MetLife Defender, a digital identity theft protection product
- 2009MilestoneMetLife is among the largest providers of annuities in the world, recording $22.4 billion in sales during 2009
- 2004MilestoneFrom 2004 to 2011, MetLife continued to hold its position as the largest life insurer in the United States
- 2000IPOAfter 85 years as a mutual company, MetLife demutualized into a publicly traded company with an initial public…
- 1981AcquisitionMetLife purchased the Pan Am Building from a group that included Pan American World Airways for the price…
- 1972FoundedThe flagship company in the MetLife Auto & Home group, Metropolitan Property and Casualty Insurance Company, was…
- 1921MilestoneMetLife was the first company to issue a group annuity contract
- 1909MilestoneMetLife had become the nation's largest life insurer in the United States
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Strong cash conversion — FCF is 19.6% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 5.8× by operating earnings
- High returns on invested capital (ROIC 108.3%)
Watch-outs
- Altman Z-Score 0.15 — elevated financial-distress risk
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+8.7% YoY
- Profitable — makes more than it spends$3.63B TTM
- Profit growing — earnings are higher than last year-8.4% YoY
- Generates cash — cash left after running and investing$15.6B TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$62.5B market cap
- Not printing shares — share count not ballooning — you keep your slice-17.5% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.1 — distress
- Pays a dividend — returns cash to shareholdersyield 2.69%
- Valuation not extreme — price not wildly above earningsP/E 17.2
Peer comparisonMetLife, Inc. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| MET this company | $62.5B | 17.2 | +8.7% | 4.6% | Mixed |
| BRK.A Berkshire Hathaway Inc. | $1.1T | 11.6 | +3.9% | 22.3% | Mixed |
| BRK.B Berkshire Hathaway | $1.1T | 11.6 | +0.0% | 18.0% | Strong |
| JPM JPMorgan Chase & Co. | $886.2B | 13.6 | +13.5% | 32.6% | Strained |
| V VISA Inc. | $723.9B | 31.9 | +14.4% | 50.8% | Solid |
| MA Mastercard Incorporated | $516.4B | 31.7 | +16.0% | 46.3% | Mixed |
| BAC Bank of America Corporation | $380.4B | 11.3 | +15.9% | 27.8% | Mixed |
Head-to-head: MET vs BRK.A · MET vs BRK.B · MET vs JPM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/MET
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of MET on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $98.33 · market cap $62.5B.