OverviewSuggest Edit
MetLife is a financial services company providing insurance and employee benefits. It provides a variety of insurance and financial services products, including life, medical, dental, disability, property, casualty, credit and other accident and health insurance, guaranteed interest, stable value, annuities, endowment, and retirement and savings products to individuals and groups. The company also operates as an institutional investor focused primarily on investment-grade corporate bonds, structured finance securities, mortgage loans, agency securities, as well as real estate and corporate equity.
| Type | Public | |
| Founded | 1868 | |
| HQ | New York, US | Map |
| Website | metlife.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Key People/Management at MetLife
Michel A Khalaf
President and Chief Executive Officer
Marlene Debel
Executive Vice President and Chief Risk Officer
Ramy Tadros
President, U.S. Business
Mike Yick
Chief Financial Officer
Hugh McCrory
Chief Counsel
Elisabeth Bedore
Chief Compliance Officer
MetLife Office Locations
MetLife has offices in New York, Charlotte, Wilmington, Warwick and in 67 other locations
New York, US (HQ)
MetLife Building, 200 Park Ave
Charlotte, US
11225 N Community House Rd
Wilmington, US
1209 N Orange St
Sydney, AU
2 Park St
Sydney, AU
2 Park St
Manama, BH
Rd No 3729
MetLife Financials and Metrics
MetLife Revenue
MetLife's revenue was reported to be $69.62 b in FY, 2019 which is a 2.5% increase from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2020) | 14.1b |
Gross profit (Q2, 2020) | 5.4b |
Gross profit margin (Q2, 2020), % | 38.5% |
Net income (Q2, 2020) | 150.0m |
Market capitalization (13-Nov-2020) | 40.3b |
Closing stock price (13-Nov-2020) | 44.7 |
Cash (30-Jun-2020) | 24.3b |
EV | 17.2b |
MetLife's current market capitalization is $40.3 b.
Annual
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 13.3b | 17.1b | 15.9b | 17.4b | 17.3b | 13.0b | 13.9b | 16.3b | 12.5b | 14.5b | 18.4b | 19.5b | 24.1b | 24.3b |
Accounts Receivable | 27.8b | 26.0b | 26.2b | 25.9b | 26.5b | 18.6b | 19.4b | 19.6b | 19.8b | 20.6b | 20.4b | 20.7b | 21.2b | |
Goodwill | 9.7b | 9.9b | 9.6b | 9.4b | 9.4b | 9.6b | 9.7b | 9.5b | 9.4b | 9.4b | 9.4b | 9.3b | 9.2b | 9.2b |
Total Assets | 917.4b | 942.6b | 952.9b | 914.7b | 925.2b | 720.5b | 712.6b | 706.3b | 698.5b | 713.2b | 732.2b | 742.8b | 737.7b | 767.6b |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash From Operating Activities | 1.9b | 6.2b | 9.1b | 2.1b | 5.5b | 10.2b | 1.3b | 6.9b | 10.4b | 2.1b | 4.5b | 8.6b | 1.8b | 2.7b |
Cash From Investing Activities | (5.7b) | (9.9b) | (14.6b) | (4.3b) | (7.1b) | (17.2b) | (485.0m) | (4.8b) | (11.0b) | (5.7b) | (5.1b) | (10.5b) | (8.3b) | (9.7b) |
Long-term Borrowings | (17.0m) | (1.3b) | (1.3b) | (16.0m) | (2.8b) | (2.9b) | (45.0m) | (236.0m) | (1.4b) | (10.0m) | (895.0m) | (948.0m) | (6.0m) | (25.0m) |
Dividends Paid | (419.0m) | (906.0m) | (1.4b) | (443.0m) | (920.0m) | (1.4b) | (422.0m) | (896.0m) | (1.3b) | (437.0m) | (913.0m) | (1.4b) | (436.0m) | (823.0m) |
| USD | FY, 2015 |
|---|---|
Revenue/Employee | 889.0k |
Debt/Equity | 0.4 x |
Financial Leverage | 12.8 x |
MetLife Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Versant Health | September 17, 2020 | $1.68 b |
| Logan Circle Partners | July 07, 2017 | $250 m |
| American Life Insurance Company | October 31, 2010 | $15.50 m |
| Safeguard Health Enterprises | January 31, 2008 | |
| Grand Bank N.A. | August 15, 2000 | |
| General American Life Insurance Company | August 25, 1999 | |
| Security First Group, Inc. | December 31, 1996 | $337 m |
| 1001 PROPERTIES, LLC | ||
| 10700 WILSHIRE, LLC | ||
| 1075 PEACHTREE, LLC |
MetLife Revenue Breakdown
MetLife revenue breakdown by business segment: 15.7% from MetLife Holdings, 54.0% from U.S., 18.2% from Asia, 7.7% from Latin America and 4.4% from Other
MetLife Cybersecurity Score
MetLife Environment, Social & Governance (ESG) Ratings
MetLife Online and Social Media Presence
55.03k Twitter followers
MetLife has 55.03k Twitter Followers. The number of followers has increased 0.2% quarter over quarter
MetLife's Trends
Twitter Engagement Stats for @metlife
72.5k
Tweets
332
Following
55k
Followers
166
Tweets last 30 days
3.9
Avg. likes per Tweet
30.1%
Tweets with engagement
MetLife Company Culture
Overall Culture
A
76/100
CEO Rating
A-
74/100
Compensation
A+
83/100
Diversity
A+
83/100
MetLife News and Updates
October 01, 2020
UNCF Establishes $1M MetLife Foundation Scholarship Program
Provides awards to HBCU business, accounting or finance majors for up to two years Provides awards to HBCU business, accounting or finance majors for up to two years
September 22, 2020
Metlife Crosses Above 5% Yield Territory
In trading on Tuesday, shares of MetLife were yielding above the 5% mark based on its quarterly dividend (annualized to $1.84), with the stock changing hands as low as $36.50 on the day.
September 17, 2020
MetLife to buy vision care company Versant Health for about $1.7 billion
MetLife Inc. announced Thursday a deal to buy managed vision care company Versant Health for $1.68 billion in cash from an investor group led by Centerbridge Partners and including FFL Partners. Versant owns the marketplace brands Davis Vision and Superior Vision. "We are confident this acquisition…
September 11, 2020
MetLife Stock Can Touch $45 In The Near Term
MetLife’s stock lost more than 50% - dropping from $52 at the end of 2019 to around $24 in late March – then spiked 60% to around $38 now. This implies it’s still 26% lower than the start of the year. There were 2 clear reasons for this: The Covid-19 crisis and economic slowdown meant that market...
August 26, 2020
MetLife, AMMB to Weigh Sale of Malaysian Insurer, Sources Say
MetLife, AMMB to Weigh Sale of Malaysian Insurer, Sources Say
August 05, 2020
Metlife stock falls after insurer's Q2 profit comes below forecast
Shares of MetLife Inc. fell more than 5% in the extended session Wednesday after the insurer reported a second-quarter profit below Wall Street expectations. MetLife reported a net income of $68 million, or 7 cents a share, compared with $1.7 billion, or $1.77 a share in the second quarter of 2019.…
MetLife Blogs
June 13, 2018
What I Wish I Knew: Crystal Beach
What do you wish you knew when you graduated? Crystal Beach Shares What She Wishes She Knew Before Her First Job.
The post What I Wish I Knew: Crystal Beach appeared first on The MetLife Blog.
June 05, 2018
What I Wish I Knew: Nico Eggert
What do you wish you knew when you graduated? Nico Eggert Shares What He Wishes He Knew Before His First Job.
The post What I Wish I Knew: Nico Eggert appeared first on The MetLife Blog.
May 31, 2018
What I Wish I Knew: Brittany Daniels
What do you wish you knew when you graduated? Brittany Daniels Shares What She Wishes She Knew Before Her First Job.
The post What I Wish I Knew: Brittany Daniels appeared first on The MetLife Blog.
May 29, 2018
3 Ways Companies Are Shifting Cultures to Improve Work Life
In today's competitive job market, company culture is definitely a new currency. Here Are Three Ways Companies Can Better Engage Their Workforce.
The post 3 Ways Companies Are Shifting Cultures to Improve Work Life appeared first on The MetLife Blog.
MetLife Frequently Asked Questions
When was MetLife founded?
MetLife was founded in 1868.
Who are MetLife key executives?
MetLife's key executives are Michel A Khalaf, Marlene Debel and Ramy Tadros.
How many employees does MetLife have?
MetLife has 49,000 employees.
What is MetLife revenue?
Latest MetLife annual revenue is $69.6 b.
What is MetLife revenue per employee?
Latest MetLife revenue per employee is $1.4 m.
Who are MetLife competitors?
Competitors of MetLife include Genworth Financial, USAA and Assurant.
Where is MetLife headquarters?
MetLife headquarters is located at MetLife Building, 200 Park Ave, New York.
Where are MetLife offices?
MetLife has offices in New York, Charlotte, Wilmington, Warwick and in 67 other locations.
How many offices does MetLife have?
MetLife has 89 offices.
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