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Massachusetts Mutual Life Insurance Company (MassMutual)Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit.
Financial statements
| USD | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
| Revenue | 32.6B | 23.3B | 30.5B |
| Revenue growth, % | 0.4% | -28.7% | 31.0% |
| Cost of goods sold | 26.2B | 15.2B | 23.6B |
| Gross profit | 6.4B | 8.1B | 6.9B |
| Gross profit margin, % | 19.8% | 34.7% | 22.5% |
| General and administrative expense | 2.5B | 2.5B | 2.3B |
| Operating expense total | 4.2B | 5.5B | 4.7B |
| EBIT | 568.0M | 721.0M | 223.0M |
| EBIT margin, % | 0.7% | ||
| Pre tax profit | 576.0M | 865.0M | 309.0M |
| Income tax expense | 8.0M | 144.0M | 86.0M |
| Net Income | 524.0M | 128.0M | (310.0M) |