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 | |
| Culture score | A | More |
Key People/Management at MetLife
Michel A Khalaf
President and Chief Executive Officer
Joseph Pollaro
Chief Operating Officer
Mike Yick
Chief Financial Officer
Elisabeth Bedore
Chief Compliance Officer
Hugh McCrory
Chief Counsel
Ramy Tadros
President, U.S. Business
MetLife Office Locations
MetLife has offices in New York, Charlotte, Vancouver, Wilmington and in 52 other locations
New York, US (HQ)
MetLife Building, 200 Park Ave
Charlotte, US
11225 N Community House Rd
Vancouver, US
10906 NE 39th St A9
Wilmington, US
1209 N Orange St
Sydney, AU
2 Park St
Dhaka, BD
Motijheel
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 (Q1, 2020) | 18.3b |
Gross profit (Q1, 2020) | 9.3b |
Gross profit margin (Q1, 2020), % | 50.7% |
Net income (Q1, 2020) | 4.4b |
Market capitalization (22-May-2020) | 30.3b |
Closing stock price (22-May-2020) | 33.3 |
Cash (31-Mar-2020) | 24.1b |
EV | 7.4b |
MetLife's current market capitalization is $30.3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 | |
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 |
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 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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) |
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) | (18.0m) |
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) | (404.0m) |
| USD | Y, 2020 |
|---|---|
EV/CFO | 4 x |
Financial Leverage | 10.5 x |
MetLife Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| 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 | ||
| 1201 TAB MANAGER, LLC |
MetLife Revenue Breakdown
MetLife revenue breakdown by business segment: 15.9% from MetLife Holdings, 54.8% from U.S., 17.4% from Asia, 7.5% from Latin America and 4.3% from Other
MetLife Online and Social Media Presence
55.05k Twitter followers
MetLife has 55.05k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.6% quarter over quarter
MetLife's Trends
Twitter Engagement Stats for @metlife
71.6k
Tweets
335
Following
55.1k
Followers
160
Tweets last 30 days
1.8
Avg. likes per Tweet
30%
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
January 22, 2020
MetLife names new chief auditor
MetLife Inc. said late Wednesday that Toby Srihiran Brown will become its executive vice president and chief auditor effective March 1. Brown, currently the chief operating officer of MetLife Japan, will have "a direct and independent reporting relationship" with the board of directors' audit commi…
January 02, 2020
In photos: 90,000 Jewish people mark religious event at MetLife Stadium amid tight security
Nearly 90,000 Jewish people congregated at MetLife Stadium in New Jersey amid tight security Wednesday for Siyum HaShas, a celebration of the completion of the reading of the entire Talmud, per CBS.Why it matters: It comes after a spate of anti-Semitic attacks in N.J. and nearby New York, including …
December 18, 2019
MetLife to Pay $10 Million for Longstanding Internal Control Failures
According to the SEC’s order, MetLife improperly released reserves for annuity benefits associated with MetLife’s Retirement and Income Solutions Business, which resulted in an increase in income. For over 25 years, MetLife’s practice was to presume annuitants had died or otherwise would never be f…
December 18, 2019
MetLife Inc to pay $10 million to settle with SEC after failure to pay pensions
Insurer MetLife Inc. will pay $10 million to settle with U.S. regulators over longstanding internal controls failures, the Securities and Exchange Commission (SEC) said on Wednesday.
December 18, 2019
MetLife Fined $10 Million Over How It Decided Clients Were Dead
MetLife Fined $10 Million Over How It Decided Clients Were Dead
December 18, 2019
MetLife agrees to $10 million SEC fine for internal control failures
The Securities and Exchange Commission said late Wednesday that it has charged MetLife Inc. with breaking federal securities laws related to books and records and internal accounting controls. MetLife agreed to pay $10 million to settle the charges and the stock was flat in the extended session Wed…
MetLife Blogs
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, Joseph Pollaro and Mike Yick.
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 Voya Financial, Northwestern Mutual Life Insurance and New York Life Insurance Company.
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, Vancouver, Wilmington and in 52 other locations.
How many offices does MetLife have?
MetLife has 88 offices.
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