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, NY, US | Map |
| Website | metlife.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
Key People/Management at MetLife
Michel A Khalaf
Director, 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, NY, US (HQ)
MetLife Building, 200 Park Ave
Charlotte, NC, US
11225 N Community House Rd
Wilmington, DE, 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 $67.84 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 67.8b |
Gross profit (FY, 2020) | 26.4b |
Gross profit margin (FY, 2020), % | 38.9% |
Net income (FY, 2020) | 5.4b |
Market capitalization (19-Feb-2021) | 50.1b |
Closing stock price (19-Feb-2021) | 56.1 |
Cash (31-Dec-2020) | 19.8b |
EV | 31.5b |
MetLife's current market capitalization is $50.1 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
54.91k Twitter followers
MetLife has 54.91k Twitter Followers. The number of followers has increased 0.1% month over month and decreased 0.2% quarter over quarter
MetLife's Trends
Twitter Engagement Stats for @metlife
72.9k
Tweets
337
Following
54.9k
Followers
119
Tweets last 30 days
1.3
Avg. likes per Tweet
28.6%
Tweets with engagement
MetLife Company Culture
Overall Culture
A
76/100
CEO Rating
A-
75/100
Compensation
A+
84/100
Diversity
A+
83/100
MetLife News and Updates
February 16, 2021
Dubai's biggest bank makes major move into insurance with MetLife deal
Emirates NBD partners with New York insurance giant to offer range of insurance products
January 16, 2021
Central Bank Digital Currencies Not a ‘Fad,’ MetLife Investment Says
The investment giant predicts CBDCs will continue gaining steam, although a "launch among Western countries seems unlikely to occur anytime soon."
January 08, 2021
MetLife Stock Is Likely To Trade Sideways In The Near Term
We believe there may be better places for your money than MetLife’s stock at the present time. MetLife, a leading provider of insurance, employee benefits, and financial services, trades at $49 currently and has gained 7% in value so far this year. It traded at a pre-Covid high of $52...
December 28, 2020
Worldwide Life Insurance Industry to 2023 - Players Include Metlife, Prudential Financial and Allianz
Dublin, Dec. 28, 2020 (GLOBE NEWSWIRE) -- The "Global Life Insurance Market to 2023" report has been added to ResearchAndMarkets.com's offering. The report provides in-depth market analysis, information, and insights into the global and regional life insurance industry.This report provides a deta…
December 20, 2020
MetLife, Prudential Should Buy Soaring Startups In Shrinking $723B Life Insurance Market
Shares of MetLife and Prudential have lost ground. They might reverse the decline by acquiring fast-growing rivals and putting their CEOs in charge.
December 11, 2020
Zurich and Farmers to buy Metlife property and casualty for $3.9bn
Zurich Insurance’s subsidiary Farmers Group has agreed to team up with Farmers Exchanges to buy Metlife’s US property and casualty
The post Zurich and Farmers to buy Metlife property and casualty for $3.9bn appeared first on CityAM.
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 $67.8 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 88 offices.
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