MET (MetLife, Inc.) Stock Financials & Earnings | Market Cap Arena

MET (MetLife, Inc.) Stock Financials & Earnings | Market Cap Arena

METMetLife, Inc.

Mkt Cap$47B

Financial Services·Insurance - Life·🇺🇸 United States·NYSE

Revenue (TTM)$76.1B

Net Income (TTM)$3.4B

EPS (TTM)$4.70

Free Cash Flow (TTM)$18.1B

Gross Margin25.6%

Op. Margin6.1%

Net Margin4.4%

FCF Margin23.8%

P/S Ratio (TTM)0.6x

P/E Ratio (TTM)13.9x

YoY Rev Growth+8.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$15.4B	$2.3B	$257M
Q2 23	$16.6B	$2.5B	$430M
Q3 23	$15.9B	$2.7B	$534M
Q4 23	$19.0B	$3.2B	$941M
Q1 24	$15.9B	$4.5B	$1.0B
Q2 24	$17.5B	$4.4B	$1.2B
Q3 24	$18.3B	$5.4B	$2.0B
Q4 24	$18.4B	$4.9B	$1.4B
Q1 25	$18.3B	$4.7B	$1.4B
Q2 25	$17.2B	$4.5B	$980M
Q3 25	$16.9B	$2.9B	$1.2B
Q4 25	$23.8B	$7.3B	$1.1B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.7x	13.4x
Q2 23	0.7x	15.7x
Q3 23	0.7x	20.3x
Q4 23	0.7x	29.7x
Q1 24	0.7x	19.8x
Q2 24	0.7x	16.1x
Q3 24	0.7x	12.5x
Q4 24	0.7x	10.6x
Q1 25	0.6x	10.4x
Q2 25	0.6x	10.9x
Q3 25	0.7x	12.2x
Q4 25	0.6x	13.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$2.0B	$2.0B
Q2 23	$3.0B	$3.0B
Q3 23	$3.5B	$3.5B
Q4 23	$5.7B	$5.7B
Q1 24	$2.3B	$2.3B
Q2 24	$3.5B	$3.5B
Q3 24	$4.2B	$4.2B
Q4 24	$5.1B	$5.1B
Q1 25	$4.3B	$4.3B
Q2 25	$2.2B	$2.2B
Q3 25	$3.6B	$3.6B
Q4 25	$8.1B	$8.1B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-0.1%	+12.3%
Q2 23	+7.4%	+11.8%
Q3 23	-28.8%	-26.5%
Q4 23	+16.6%	+24.0%
Q1 24	+3.3%	-1.8%
Q2 24	+5.2%	+0.6%
Q3 24	+15.3%	+6.3%
Q4 24	-3.1%	-5.7%
Q1 25	+14.8%	+13.8%
Q2 25	-1.8%	-0.6%
Q3 25	-7.7%	-3.9%
Q4 25	+29.1%	+33.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 23	$1.5B
Q2 23	$1.5B
Q3 23	$1.5B
Q4 23	$1.7B
Q1 24	$1.5B
Q2 24	$1.5B
Q3 24	$1.5B
Q4 24	$1.5B
Q1 25	$1.6B
Q2 25	$1.5B
Q3 25	$1.5B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$18.5B	$288.0B	$306.5B
Q2 23	$15.4B	$290.8B	$306.2B
Q3 23	$14.9B	$277.5B	$292.4B
Q4 23	$20.6B	$281.4B	$302.1B
Q1 24	$19.8B	$283.3B	$303.1B
Q2 24	$20.8B	$281.5B	$302.3B
Q3 24	$21.8B	$298.4B	$320.2B
Q4 24	$20.1B	$80.5B	$100.6B
Q1 25	$21.3B	$87.8B	$109.1B
Q2 25	$22.2B	$90.5B	$112.7B
Q3 25	$20.2B	$94.5B	$114.8B
Q4 25	$22.0B	$0	$22.0B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	781M	-1.1%
Q2 23	770M	-1.5%
Q3 23	756M	-1.8%
Q4 23	745M	-1.3%
Q1 24	728M	-2.3%
Q2 24	715M	-1.9%
Q3 24	704M	-1.5%
Q4 24	698M	-0.8%
Q1 25	687M	-1.6%
Q2 25	675M	-1.7%
Q3 25	669M	-0.9%
Q4 25	665M	-0.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$1M	68K
FY 15	$889K	69K
FY 16	$1M	58K
FY 17	$1M	49K
FY 18	$1M	48K
FY 19	$1M	49K
FY 20	$1M	47K
FY 21	$1M	43K
FY 22	$2M	45K
FY 23	$2M	45K
FY 24	$2M	45K
FY 25	$2M	46K