MET Financial Services

MetLife, Inc.

$100.67-0.27%

Price as of close on Nov 3, 2026 · Financials updated Oct 10, 2026

Basics

Sector: Financial Services
Industry: Insurance - Life
Country: United States
Market cap: 64.0B USD
Full-time employees: 46,000

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #735 of 791 banks & insurance companies (bottom 8%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Share count shrinking. Shares outstanding down 18% from December 2022 to July 2026.
MetLife had 18% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.

StockQuotient Score

22/ 100▼ 1 since Oct 27 close

Oct 5 24 → Nov 4 22 (-2)

Valuation

Is the price right?

17/100

Weak

2/2 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ P/B
▼ Earnings yield

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield42.9%

SEC filings · latest balance sheetReported value40% base weight · Z-score -1.29Sector median: 0.7950 · MAD: 0.2843

Earnings yield5.3%

SEC filings · 12 months to Jun 2026Reported value60% base weight · Z-score -1.01Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yield13.0%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield24.3%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingReported valueInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

14/100

Weak

1/1 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 2.3%

Why

Weaker than most peers on:

▼ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growth-12.4%

SEC filings · 12 months to Jun 2026Reported value100% base weight · Z-score -1.60Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growth4.3%

SEC filings · 3 years to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth8.7%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

36/100

Weak▼ 1 since Oct 27 close

2/2 inputs reported · High confidence

Since last quarter: No major change

Why it changed since the Oct 27, 2026 close: Score 37 → 36

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ ROA

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets0.5%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -1.16Sector median: 0.0117 · MAD: 0.0062

Return on equity12.5%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.44Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating margin8.3%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about MetLife

Is MetLife getting weaker?: Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is 22/100, down 1 since Oct 28, 2026.
How is MetLife valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 17/100 against 950 banks & insurance peers. Book yield 42.9% vs a peer median of 79.5% (weaker than 83% of peers).Book yield 42.9% vs peers 79.5% (weaker than 83% of peers).
Is MetLife growing?: More slowly than most of its peers. Growth scores 14/100 against 950 banks & insurance peers. Earnings per share growth -12.4% vs a peer median of 16.0% (weaker than 86% of peers).Earnings per share growth -12.4% vs peers 16.0% (weaker than 86% of peers).
How profitable is MetLife?: Less profitable than most of its peers. Profitability scores 36/100 against 950 banks & insurance peers. Return on equity 12.5% vs a peer median of 10.7% (stronger than 62% of peers).Return on equity 12.5% vs peers 10.7% (stronger than 62% of peers). Return on assets 0.5% vs a peer median of 1.2% (weaker than 82% of peers).Return on assets 0.5% vs peers 1.2% (weaker than 82% of peers).
How risky is MetLife?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	77.6B USD	79.4B USD	+2.3%
Net income (12 months)	3.4B USD	3.4B USD	+0.2%
Operating margin	8.2%	8.3%	+0.1 pts
Debt	14.8B USD	14.7B USD	−1.0%
Cash	22.7B USD	19.3B USD	−14.9%
Shares outstanding	643.4M	635.5M	−1.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Banks & Insurance · 209 companies

Valuations in Banks & Insurance are within their usual range since 2016.

55% of months since 2016 were valued lower than now.
27% of companies are in the most expensive fifth of their own price-to-book history.
Over 24 months, company values +25% and earnings +33% (medians): prices and earnings moved broadly together.
Median price-to-book is −57% vs the whole market, against a usual −57%.

2016Shaded: most expensive fifth of its range2026

Shown for Banks & Insurance: too few Insurance - Life companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	—	8.7%	8.6%	8.4%	8.0%	▼ 0.5 pts
Net margin	10.0%	7.7%	2.4%	6.2%	4.4%	▼ 1.9 pts
Return on assets (ROA)	0.9%	0.8%	0.2%	0.7%	0.5%	▼ 0.2 pts
Return on equity (ROE)	10.2%	17.7%	5.3%	16.1%	11.9%	▼ 4.2 pts
Debt to equity	0.21×	0.50×	0.52×	0.57×	0.52×	▼ 7.9%
Interest coverage	—	9.13×	7.73×	8.12×	8.48×	▲ 4.3%

MET price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #735 of 791 banks & insurance companies (bottom 8%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Questions investors ask about MetLife

Is MetLife getting weaker?

Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is 22/100, down 1 since Oct 28, 2026.

How is MetLife valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 17/100 against 950 banks & insurance peers. Book yield 42.9% vs a peer median of 79.5% (weaker than 83% of peers).Book yield 42.9% vs peers 79.5% (weaker than 83% of peers).

Is MetLife growing?

More slowly than most of its peers. Growth scores 14/100 against 950 banks & insurance peers. Earnings per share growth -12.4% vs a peer median of 16.0% (weaker than 86% of peers).Earnings per share growth -12.4% vs peers 16.0% (weaker than 86% of peers).

How profitable is MetLife?

Less profitable than most of its peers. Profitability scores 36/100 against 950 banks & insurance peers. Return on equity 12.5% vs a peer median of 10.7% (stronger than 62% of peers).Return on equity 12.5% vs peers 10.7% (stronger than 62% of peers). Return on assets 0.5% vs a peer median of 1.2% (weaker than 82% of peers).Return on assets 0.5% vs peers 1.2% (weaker than 82% of peers).

How risky is MetLife?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous quarter

Latest quarter

Change

Revenue (12 months)

77.6B USD

79.4B USD

+2.3%

Net income (12 months)

3.4B USD

3.4B USD

+0.2%

Operating margin

8.2%

8.3%

+0.1 pts

Debt

14.8B USD

14.7B USD

−1.0%

Cash

22.7B USD

19.3B USD

−14.9%

Shares outstanding

643.4M

635.5M

−1.2%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

—

8.7%

8.6%

8.4%

8.0%

▼ 0.5 pts

Net margin

10.0%

7.7%

2.4%

6.2%

4.4%

▼ 1.9 pts

Return on assets (ROA)

0.9%

0.8%

0.2%

0.7%

0.5%

▼ 0.2 pts

Return on equity (ROE)

10.2%

17.7%

5.3%

16.1%

11.9%

▼ 4.2 pts

Debt to equity

0.21×

0.50×

0.52×

0.57×

0.52×

▼ 7.9%

Interest coverage

—

9.13×

7.73×

8.12×

8.48×

▲ 4.3%