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 Ratings3.8
Overall CultureA

Latest Updates

Employees (est.) (Oct 2019)49,000(+3%)
Job Openings63
Revenue (FY, 2019)$69.6 B(+3%)
Share Price (Nov 2020)$44.7 (+3%)
Cybersecurity ratingAMore

Key People/Management at MetLife

Michel A Khalaf

Michel A Khalaf

President and Chief Executive Officer
Marlene Debel

Marlene Debel

Executive Vice President and Chief Risk Officer
Ramy Tadros

Ramy Tadros

President, U.S. Business
Mike Yick

Mike Yick

Chief Financial Officer
Hugh McCrory

Hugh McCrory

Chief Counsel
Elisabeth Bedore

Elisabeth Bedore

Chief Compliance Officer
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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
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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 (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
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

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

Revenue growth, %

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

Operating expense total

55.7b56.5b58.8b61.6b62.8b

Pre tax profit

5.7b4.3b3.5b6.3b6.8b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

18.4b15.2b15.8b15.0b15.3b16.2b14.8b21.2b16.3b16.3b17.5b18.7b18.3b14.1b

Cost of goods sold

8.7b

Gross profit

5.4b

Gross profit Margin, %

39%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

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

Accounts Receivable

22.7b15.4b18.4b19.6b20.4b

Goodwill

9.5b9.2b9.6b9.4b9.3b

Total Assets

877.9b898.8b719.9b687.5b740.5b
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)
USDFY, 2015

Revenue/Employee

889.0k

Debt/Equity

0.4 x

Financial Leverage

12.8 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
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MetLife Acquisitions / Subsidiaries

Company NameDateDeal Size
Versant HealthSeptember 17, 2020$1.68 b
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
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MetLife Revenue Breakdown

Embed Graph

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

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

MetLife Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

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

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MetLife News and Updates

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

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.

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…

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...

MetLife, AMMB to Weigh Sale of Malaysian Insurer, Sources Say

MetLife, AMMB to Weigh Sale of Malaysian Insurer, Sources Say

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.…
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MetLife Blogs

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.

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.

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.

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.