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.
TypePublic
Founded1868
HQNew York, US
Websitemetlife.com
Employee Ratings3.7
Culture scoreA

Latest Updates

Employees (est.) (Oct 2019)49,000(+3%)
Job Openings65
Revenue (FY, 2019)$69.6 B(+3%)
Share Price (May 2020)$33.3

Key People/Management at MetLife

Michel A Khalaf

Michel A Khalaf

President and Chief Executive Officer
Joseph Pollaro

Joseph Pollaro

Chief Operating Officer
Mike Yick

Mike Yick

Chief Financial Officer
Elisabeth Bedore

Elisabeth Bedore

Chief Compliance Officer
Hugh McCrory

Hugh McCrory

Chief Counsel
Ramy Tadros

Ramy Tadros

President, U.S. Business
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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
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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
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

61.3b60.8b62.3b67.9b69.6b

Revenue growth, %

(16%)(1%)3%9%2%

Cost of goods sold

41.5b

Gross profit

28.2b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

18.4b15.2b15.8b15.0b15.3b16.2b14.8b21.2b16.3b16.3b17.5b18.7b18.3b

Cost of goods sold

9.0b

Gross profit

9.3b

Gross profit Margin, %

51%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

12.8b12.7b12.7b15.8b16.6b

Accounts Receivable

22.7b15.4b18.4b19.6b

PP&E

2.7b

Goodwill

9.5b9.2b9.6b9.4b9.3b
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

5.4b854.0m4.0b5.1b

Depreciation and Amortization

693.0m652.0m795.0m628.0m

Cash From Operating Activities

14.1b14.8b12.3b11.7b13.8b

Cash From Investing Activities

(10.4b)(5.8b)(16.9b)(5.6b)(17.6b)
USDY, 2020

EV/CFO

4 x

Financial Leverage

10.5 x
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MetLife Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Sales Offices

265 240 35

Partners

475 230

Representatives (EMEA)

11.35 k10.90 k10.41 k10.98 k10.91 k

Representatives (Latin America)

11.50 k11.90 k12.18 k12.08 k11.07 k
Show all operating metrics

MetLife Acquisitions / Subsidiaries

Company NameDateDeal Size
Logan Circle PartnersJuly 07, 2017$250 m
American Life Insurance CompanyOctober 31, 2010$15.50 m
Safeguard Health EnterprisesJanuary 31, 2008
Grand Bank N.A.August 15, 2000
General American Life Insurance CompanyAugust 25, 1999
Security First Group, Inc.December 31, 1996$337 m
1001 PROPERTIES, LLC
10700 WILSHIRE, LLC
1075 PEACHTREE, LLC
1201 TAB MANAGER, LLC
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MetLife Revenue Breakdown

Embed Graph

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

Embed Graph

MetLife Company Culture

  • Overall Culture

    A

    76/100

  • CEO Rating

    A-

    74/100

  • Compensation

    A+

    83/100

  • Diversity

    A+

    83/100

Learn more on Comparably

MetLife News and Updates

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…

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 …

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…

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.

MetLife Fined $10 Million Over How It Decided Clients Were Dead

MetLife Fined $10 Million Over How It Decided Clients Were Dead

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…
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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.