15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 12.5% per year over the past 5 years.
Net income has grown slower than revenue (-10.1% vs 12.5% per year).
Financial health
Operating income covered interest expense 5.8× in the latest year.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 47.6% of earnings.
The dividend has declined 1.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2.4B
$3.2B
0.0%
251.9%
11.2%
0.4%
—
—
$22.0B
2024
$2.2B
$4.2B
0.0%
267.1%
15.4%
0.6%
—
—
$20.1B
2023
$2.2B
$1.4B
0.0%
256.8%
4.6%
0.2%
—
—
$20.6B
2022
$2.1B
$2.4B
0.0%
283.3%
7.9%
0.4%
—
—
$20.2B
2021
$2.1B
$6.4B
0.0%
0.0%
9.4%
0.8%
—
—
$20.0B
2020
$1.4B
$5.4B
0.0%
0.0%
7.3%
0.7%
—
—
$19.8B
2019
$1.3B
$5.9B
0.0%
0.0%
8.9%
0.8%
—
—
$16.6B
2018
$1.3B
$5.1B
0.0%
0.0%
9.7%
0.7%
—
—
$15.8B
2017
—
$4.0B
—
—
6.8%
0.6%
—
—
$12.7B
2016
—
$850M
—
—
1.3%
0.1%
—
—
$12.7B
2015
—
$5.4B
—
—
7.9%
0.6%
—
—
$11.2B
2014
—
$6.3B
—
—
8.7%
0.7%
—
—
$9.2B
2013
—
$3.4B
—
—
5.5%
0.4%
—
—
$6.5B
2012
—
$1.3B
—
—
2.1%
0.2%
—
—
$15.7B
2011
—
$6.4B
—
—
11.2%
0.8%
—
$24.4B
$10.5B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$724M
$736M
0.0%
221.5%
2.7%
0.1%
—
—
$19.3B
Mar '26
$734M
$1.2B
0.0%
222.2%
4.3%
0.2%
—
—
$22.7B
Dec '25
$600M
$809M
0.0%
279.8%
2.8%
0.1%
—
—
$22.0B
Sep '25
$621M
$896M
0.0%
265.7%
3.1%
0.1%
—
—
$20.2B
Jun '25
$604M
$729M
0.0%
230.6%
2.6%
0.1%
—
—
$22.2B
Mar '25
$611M
$945M
0.0%
231.6%
3.4%
0.1%
—
—
$21.3B
Dec '24
$556M
$1.3B
0.0%
268.2%
4.6%
0.2%
—
—
$20.1B
Sep '24
$554M
$1.3B
0.0%
260.3%
4.3%
0.2%
—
—
$21.8B
Jun '24
$558M
$946M
0.0%
297.8%
3.5%
0.1%
—
—
$20.8B
Mar '24
$577M
$867M
0.0%
242.8%
3.0%
0.1%
—
—
$19.8B
Dec '23
$567M
$607M
0.0%
0.0%
2.0%
0.1%
—
—
$20.6B
Sep '23
$554M
$489M
0.0%
0.0%
1.9%
0.1%
—
—
$14.9B
Jun '23
$546M
$402M
0.0%
0.0%
1.3%
0.1%
—
—
$15.4B
Mar '23
$562M
$80M
0.0%
0.0%
0.2%
0.0%
—
—
$18.5B
Dec '22
$524M
$1.6B
0.0%
0.0%
5.3%
0.2%
—
—
$20.2B
Sep '22
$511M
$1.2B
0.0%
0.0%
4.6%
0.2%
—
—
$22.2B
Jun '22
$525M
$910M
0.0%
0.0%
2.5%
0.1%
—
—
$20.5B
Mar '22
$550M
$1.6B
0.0%
0.0%
3.0%
0.2%
—
—
$23.5B
Dec '21
$529M
$1.2B
0.0%
0.0%
1.8%
0.2%
—
—
$20.0B
Sep '21
$516M
$1.6B
0.0%
0.0%
2.3%
0.2%
—
—
$19.0B
Valuation over time
How the market has priced MET against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 15.6× (Mar '23) to 19.9× (Sep '26).
The price-to-sales ratio has risen from 17.4× (Mar '23) to 25.9× (Sep '26).
The dividend yield has fallen from 4.3% (Mar '23) to 2.4% (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is MET growing its revenue and profit?
Over the past 5 years, MetLife's revenue has grown 12.5% per year, and net income declined 10.1% per year. These are computed facts, not advice.
How much debt does MET have?
As of FY2025, MetLife reported — of total debt against $22.0B of cash; operating income covered interest expense 5.8×.
What is MET's profit margin?
In FY2025, gross margin was —, operating margin 251.9%, and net margin 130.3%.
What is MET's P/E ratio?
As of Sep '26, MetLife traded at a price-to-earnings ratio of about 19.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.