Massachusetts Mutual Life Insurance Company (MassMutual) stock price, funding rounds, valuation and financials

Massachusetts Mutual Life Insurance Company (MassMutual) annual revenue was $23.26 b in FY 2020

$23.3 B

Massachusetts Mutual Life Insurance Company (MassMutual) Revenue FY, 2020
Massachusetts Mutual Life Insurance Company (MassMutual) Revenue growth (FY, 2019 - FY, 2020), %(29%)
Massachusetts Mutual Life Insurance Company (MassMutual) Gross profit (FY, 2020)8.1 B
Massachusetts Mutual Life Insurance Company (MassMutual) Gross profit margin (FY, 2020), %34.7%
Massachusetts Mutual Life Insurance Company (MassMutual) Net income (FY, 2020)128 M
Massachusetts Mutual Life Insurance Company (MassMutual) Cash, 31-Mar-20216.9 B
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Massachusetts Mutual Life Insurance Company (MassMutual) Revenue

Massachusetts Mutual Life Insurance Company (MassMutual) revenue was $23.26 b in FY, 2020 which is a 28.7% year over year decrease from the previous period.

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Massachusetts Mutual Life Insurance Company (MassMutual) Funding

Summary Metrics

Founding Date

1851

Massachusetts Mutual Life Insurance Company (MassMutual) Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

32.5b32.6b23.3b

Revenue growth, %

24%0%(29%)

Cost of goods sold

26.8b26.2b15.2b

Gross profit

5.7b6.4b8.1b

Gross profit Margin, %

18%20%35%

General and administrative expense

2.5b2.5b2.5b

Operating expense total

3.9b4.2b5.5b

Pre tax profit

169.0m576.0m865.0m

Income tax expense

(159.0m)8.0m144.0m

Net Income

(716.0m)524.0m128.0m

Half Year

USDH1, 2019H1, 2020

Revenue

15.1b17.3b

Cost of goods sold

12.1b16.0b

Gross profit

3.0b1.3b

Gross profit Margin, %

20%8%

General and administrative expense

1.2b1.1b

Operating expense total

1.9b1.8b

Pre tax profit

263.0m(1.3b)

Income tax expense

17.0m(337.0m)

Net Income

157.0m(848.0m)

Massachusetts Mutual Life Insurance Company (MassMutual) Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

4.7b4.3b6.2b

Total Assets

254.8b279.9b313.1b

Total Liabilities

239.2b261.0b288.8b

Common Stock

10.3b15.0b17.8b

Total Equity

15.6b18.9b24.3b

Financial Leverage

16.3 x14.8 x12.9 x

Massachusetts Mutual Life Insurance Company (MassMutual) Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Cash From Operating Activities

6.5b8.9b2.5b

Cash From Investing Activities

(7.0b)(9.3b)(16.9b)

Cash From Financing Activities

1.3b(98.0m)16.3b

Net Change in Cash

794.0m(416.0m)1.9b

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash From Operating Activities

2.1b3.4b5.7b2.0b4.5b3.5b2.7b

Cash From Investing Activities

(2.7b)(5.5b)(6.2b)(1.2b)(4.2b)(11.7b)(196.0m)

Cash From Financing Activities

(505.0m)114.0m1.3b7.8b9.0b13.9b(1.7b)

Net Change in Cash

(1.0b)(2.0b)816.0m8.6b9.4b5.7b763.0m

Massachusetts Mutual Life Insurance Company (MassMutual) Ratios

USDFY, 2018

Revenue/Employee

2.7m

Financial Leverage

16.3 x

Massachusetts Mutual Life Insurance Company (MassMutual) Operating Metrics

Massachusetts Mutual Life Insurance Company (MassMutual)'s Assets Under Management was reported to be $616b in FY, 2020.
FY, 2017FY, 2018FY, 2019Sep, 2020FY, 2020Jun, 2021

Assets Under Management

$771 b$702 b$567 b$616 b

Life Insurance In Force

$719 b$719 b$773 b$830 b

Patent Applications

117

Patents (US)

127187

Trademarks (US)

7268

Massachusetts Mutual Life Insurance Company (MassMutual) Employee Rating

3.91874 votes
Culture & Values
3.8
Work/Life Balance
3.8
Senior Management
3.5
Salary & Benefits
3.5
Career Opportunities
3.5
Source