METLIFE INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures adjusted for later stock splits (split ratios inferred from EPS restated in later SEC filings).
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 14,822 | 34.3 |
| Stockholders' equity | 28,398 | 65.7 |
| Total capitalization | 43,220 | 100.0 |
635,476,927 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 6 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 14,467 |
| Short-term borrowings / commercial paper | 355 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 3,000,000,000 |
| Common shares issued | 1,195,587,190 |
| Treasury shares | 540,253,417 |
| Par or stated value per share ($) | 0.01 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/31/26 | 635,476,927 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 2.25 | 47.7 |
| 2024 | 2.15 | 36.3 |
| 2023 | 2.06 | 113.8 |
| 2022 | 1.98 | 31.4 |
| 2021 | 1.90 | 24.8 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 6311, Life Insurance. Large accelerated filer. Principal executive office: 200 Park Avenue, New York, NY 10166. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Premiums earned | 49,779 | 44,945 | 44,283 |
| Net investment income | 22,559 | 21,273 | 19,908 |
| Total revenues | 77,084 | 70,986 | 66,905 |
| Benefits, losses and expenses | 72,423 | 65,364 | 64,743 |
| Income before income taxes | 4,661 | 5,622 | 2,162 |
| Income taxes | 1,258 | 1,178 | 560 |
| Net income | 3,379 | 4,426 | 1,578 |
| Earned per share, diluted ($) | 4.71 | 5.94 | 1.81 |
| Dividends per share ($) | 2.25 | 2.15 | 2.06 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Total investments | 472,178 | 441,364 |
| Cash and equivalents | 22,032 | 20,068 |
| Total assets | 745,166 | 677,457 |
| Policy liabilities and reserves | 208,855 | 193,646 |
| Total liabilities | 716,245 | 649,754 |
| Stockholders' equity | 28,398 | 27,445 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Total assets | Total liabilities | Total debt | Deposits | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 77,084 | 6,137 | 3,379 | 4.4 | 4.71 | 2.25 | 17,092 | 745,166 | 716,245 | 14,822 | – | 28,398 | 11.9 | 0.52 |
| 12/31/24 | 70,986 | 5,996 | 4,426 | 6.2 | 5.94 | 2.15 | 14,598 | 677,457 | 649,754 | 15,551 | – | 27,445 | 16.1 | 0.57 |
| 12/31/23 | 66,905 | 5,723 | 1,578 | 2.4 | 1.81 | 2.06 | 13,721 | 687,584 | 657,331 | 15,667 | – | 30,015 | 5.3 | 0.52 |
| 12/31/22 | 68,770 | 5,978 | 5,284 | 7.7 | 6.30 | 1.98 | 13,044 | 663,072 | 632,947 | 14,822 | – | 29,881 | 17.7 | 0.50 |
| 12/31/21 | 68,696 | – | 6,855 | 10.0 | 7.65 | 1.90 | 12,347 | 759,708 | 691,959 | 14,274 | – | 67,482 | 10.2 | 0.21 |
| 12/31/20 | 67,842 | – | 5,407 | 8.0 | 12.78 | 4.09 | 11,639 | 795,146 | 720,329 | 14,996 | – | 74,558 | 7.3 | 0.20 |
| 12/31/19 | 69,620 | – | 5,899 | 8.5 | 13.63 | 3.92 | 13,786 | 740,463 | 674,081 | 13,701 | – | 66,144 | 8.9 | 0.21 |
| 12/31/18 | 67,941 | – | 5,123 | 7.5 | 11.05 | 3.73 | 11,738 | 687,538 | 634,580 | 13,097 | – | 52,741 | 9.7 | 0.25 |
| 12/31/17 | 62,308 | – | 4,010 | 6.4 | 8.14 | 3.60 | 12,283 | 719,892 | 661,022 | 16,163 | – | 58,676 | 6.8 | 0.28 |
| 12/31/16 | 60,787 | – | 850 | 1.4 | 1.51 | 3.54 | 14,774 | 898,764 | 831,062 | 16,683 | – | 67,531 | 1.3 | 0.25 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
METLIFE INC
CIK 1099219 · EIN 13-4075851
PRINCIPAL OFFICE:
200 Park Avenue, New York, NY 10166
Tel.: 212-578-5500
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
6311 · Life Insurance
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 19 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/19/26) · 10-K FY2024 (filed 2/21/25) · 10-K FY2023 (filed 2/16/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/18/22) · 10-K FY2020 (filed 2/19/21) · 10-K FY2019 (filed 2/21/20) · 10-K FY2018 (filed 2/22/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.