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Massachusetts Mutual Life Insurance Company (MassMutual)Massachusetts Mutual Life Insurance Company (MassMutual)
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Financial statements

USDFY, 2019FY, 2020FY, 2021
Revenue32.6B23.3B30.5B
Revenue growth, %0.4%-28.7%31.0%
Cost of goods sold26.2B15.2B23.6B
Gross profit6.4B8.1B6.9B
Gross profit margin, %19.8%34.7%22.5%
General and administrative expense2.5B2.5B2.3B
Operating expense total4.2B5.5B4.7B
EBIT568.0M721.0M223.0M
EBIT margin, %0.7%
Pre tax profit576.0M865.0M309.0M
Income tax expense8.0M144.0M86.0M
Net Income524.0M128.0M(310.0M)

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