← METLIFE INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $63.5b $62.3b $1.3b $1.3b $1.4b $2.1b $2.1b $2.2b $4.8b $5.3b
Revenues:
Operating Expenses $15.1b $13.6b $13.7b $13.7b $13.2b $12.6b $12.0b $12.7b $13.0b $13.9b
Operating Income (Loss) — — — — — — — — $6.0b $6.1b
Additional Financial Items
Amortization of Intangible Assets $73.0m $51.0m $47.0m $42.0m $41.0m $100.0m $92.0m $88.0m $85.0m $83.0m
Capitalized Computer Software, Amortization $248.0m $250.0m — — — — — — — —
Debt and Equity Securities, Realized Gain (Loss) — — — — — $1.2b ($725.0m) ($821.0m) ($166.0m) ($14.0m)
Equity Securities, FV-NI, Realized Gain (Loss) — — — — — ($69.0m) ($47.0m) $21.0m $47.0m ($24.0m)
Foreign Currency Transaction Gain (Loss), Realized $263.0m ($6.0m) ($16.0m) ($124.0m) $79.0m ($10.0m) $182.0m $52.0m ($79.0m) $156.0m
Gains (Losses) on Sales of Investment Real Estate $147.0m $603.0m $326.0m $399.0m $7.0m $502.0m $653.0m $69.0m $245.0m $59.0m
Goodwill, Impairment Loss $260.0m $0 $0 — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($4.1b) $684.0m ($803.0m) $2.1b $3.0b $4.8b $2.7b ($95.0m) $4.0b $599.0m
Income (Loss) from Continuing Operations, Per Basic Share $1 $5 $5 $6 — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $1 $5 $5 $6 — — — — — —
Income (Loss) from Equity Method Investments — — — — $829.0m $5.1b $1.3b $151.0m $988.0m $1.6b
Income (loss) before provision for income tax ($195.0m) $3.5b $6.3b $6.8b $6.9b $8.1b $2.9b $2.2b $5.6b $4.7b
Interest and Other Income $1.5b $785.0m $794.0m — — — — — — —
Interest credited to policyholder account balances $6.3b $5.6b $4.0b $6.5b $5.2b $5.5b $3.7b $7.9b $8.3b $8.9b
Less: Preferred stock dividends $103 $103 $141 $178 $202 $195 $185 $198 $200 $194
Market Risk Benefit, Change in Fair Value, Gain (Loss) — — — — — — — $994.0m $1.1b $508.0m
Market risk benefit remeasurement (gains) losses — — — — — ($1.2b) ($3.7b) ($994.0m) ($1.1b) ($508.0m)
Net derivative gains (losses) ($6.8b) ($590.0m) $851.0m $628.0m $1.3b ($2.2b) ($2.4b) ($2.1b) ($1.6b) ($1.9b)
Net investment gains (losses) $171.0m ($308.0m) ($298.0m) $444.0m ($110.0m) $1.5b ($1.3b) ($2.8b) ($1.2b) ($1.1b)
Operating Lease, Lease Income — — — — — — — — $341.0m $358.0m
Other Income $1.8b $1.3b $1.9b $1.8b $1.8b $2.6b $2.6b $2.5b $2.6b $2.8b
Other revenues $1.8b $1.3b $1.9b $1.8b $1.8b $2.6b $2.6b $2.5b $2.6b $2.8b
Policyholder benefits and claims $40.8b $38.3b $42.7b $41.5b $41.5b $44.0b $50.6b $44.6b $44.7b $49.7b
Policyholder dividends $1k $1k $1k $1k $1k $876 $701 $622 $595 $553
Policyholder liability remeasurement (gains) losses — — — — — ($172.0m) $114.0m ($45.0m) ($206.0m) ($150.0m)
Preferred Stock Redemption Premium $0 $0 $0 $0 $14.0m $6.0m $0 $0 $0 $12.0m
Premiums $39.2b $39.0b $43.8b $42.2b $42.0b $42.0b $49.4b $44.3b $44.9b $49.8b
Realized Investment Gains (Losses) — — — — — $711.0m ($880.0m) ($1.0b) ($436.0m) ($371.0m)
Universal life and investment-type product policy fees $9.2b $5.5b $5.5b $5.6b $5.6b $5.8b $5.6b $5.2b $5.0b $5.0b
Gain (Loss) on Derivative Instruments, Net, Pretax ($6.8b) ($590.0m) $851.0m $628.0m $1.3b ($2.2b) ($2.4b) ($2.1b) ($1.6b) ($1.9b)
Gain (Loss) on Investments $171.0m ($308.0m) ($298.0m) $444.0m ($110.0m) $1.5b ($1.3b) ($2.8b) ($1.2b) ($1.1b)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($195.0m) $3.5b $6.3b $6.8b $6.9b $8.1b $2.9b $2.2b $5.6b $4.7b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $697.0m $4.9b $5.0b $5.7b — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $804.0m $5.0b $5.1b $5.9b $5.4b $6.6b — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 ($986.0m) $0 $0 — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 ($986.0m) $0 $0 — — — — — —
Net Investment Income $19.9b $17.4b $16.2b $18.9b $17.1b $21.4b $15.9b $19.9b $21.3b $22.6b
Policyholder Benefits and Claims Incurred, Net $40.8b $38.3b $42.7b $41.5b $41.5b $44.0b $50.6b $44.6b $44.7b $49.7b
Premiums Earned, Net $39.2b $39.0b $43.8b $42.2b $42.0b $42.0b $49.4b $44.3b $44.9b $49.8b
Net Income (Loss) Attributable to Parent $800.0m $4.0b $5.1b $5.9b $5.4b $6.6b $2.5b $1.6b $4.4b $3.4b
Net Income (Loss) Available to Common Stockholders, Basic $697.0m $3.9b $5.0b $5.7b $5.2b $6.4b $2.4b $1.4b $4.2b $3.2b
Less: Net income (loss) attributable to noncontrolling interests $4.0m $10.0m $5.0m $10.0m $11.0m $21.0m $19.0m $24.0m $18.0m $24.0m
Net Income (Loss) Attributable to Noncontrolling Interest $4.0m $10.0m $5.0m $10.0m $11.0m $21.0m $19.0m $24.0m $18.0m $24.0m
Earnings Per Share, Basic $0.56 $3.65 $4.95 $6.10 $5.72 $7.36 $2.93 $1.82 $5.98 $4.74
Earnings Per Share, Diluted $0.56 $3.62 $4.91 $6.06 $5.68 $7.31 $2.91 $1.81 $5.94 $4.71
Weighted Average Number of Shares Outstanding, Basic 1.2b 1.1b 1.0b 937.6m 907.8m 862.7m 803.2m 757.7m 706.4m 668.9m
Weighted Average Number of Shares Outstanding, Diluted 1.2b 1.1b 1.0b 944.4m 913.2m 869.4m 808.9m 762.3m 711.1m 673.3m
Expenses
Cost, Direct Tax and License $750.0m $842.0m $758.0m $674.0m $764.0m $629.0m $608.0m $660.0m $783.0m $837.0m
Current Income Tax Expense (Benefit) $677.0m $650.0m $736.0m $665.0m $1.2b $895.0m $1.3b $1.7b $1.9b $1.3b
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization $2.6b $2.7b $3.0b $2.9b $3.2b $2.6b $1.9b $2.0b $2.0b $2.1b
Deferred Policy Acquisition Costs, Amortization Expense $2.2b $2.4b $2.7b $2.7b $2.9b $2.4b $1.8b ($1.8b) $1.9b $2.0b
General and Administrative Expense — $1.1b $910.0m $901.0m $761.0m $686.0m $700.0m $828.0m $481.0m $560.0m
Interest Expense, Debt $877.0m $841.0m $827.0m $656.0m $632.0m $647.0m $655.0m $740.0m $738.0m $724.0m
Labor and Related Expense $4.8b $3.6b $3.7b $3.7b $3.5b $3.5b $3.5b $3.6b $3.7b $3.8b
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $25.5b $24.5b $25.0b $27.4b $27.5b $29.2b $28.1b $27.5b $26.7b $29.5b
Other Expenses $15.1b $13.0b $12.9b $13.2b $12.1b $11.9b $11.8b $12.7b $13.0b $13.9b
Other General and Administrative Expense $2.0b — — — — — — — — —
Provision for income tax expense (benefit) ($999.0m) ($1.5b) $1.2b $886.0m $1.5b $1.6b $301.0m $560.0m $1.2b $1.3b
Selling and Marketing Expense — $5.4b $5.7b $6.0b $5.6b $5.5b $5.3b $5.8b $6.0b $6.8b
Benefits, Losses and Expenses $63.7b $58.8b $61.6b $62.8b $60.9b $63.0b $67.0b $64.7b $65.4b $72.4b
Income Tax Expense (Benefit) ($999.0m) ($1.5b) $1.2b $886.0m $1.5b $1.6b $301.0m $560.0m $1.2b $1.3b
Total expenses $63.7b $58.8b $61.6b $62.8b $60.9b $63.0b $67.0b $64.7b $65.4b $72.4b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.