Financial Services - Insurance - Life - NYSE - US
$ 24.54
0.0816 %
$ 56.8 B
Market Cap
3.14
P/E
INCOME STATEMENT
66.9 B
REVENUE
66.9 B
OPERATING INCOME
1.6 B
NET INCOME
EFFICIENCY
Earnings Waterfall
MetLife, Inc.
| Revenue | 66.9 B |
| Cost Of Revenue | 494 M |
| Gross Profit | 66.4 B |
| Operating Expenses | 66.4 B |
| Operating Income | 66.9 B |
| Other Expenses | 65.3 B |
| Net Income | 1.6 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||||||||
| Revenue | 66 901.0 | 69 898.0 | 71 080.0 | 67 842.0 | 69 620.0 | 67 941.0 | 62 308.0 | 60 732.0 | 61 257.0 | 73 265.0 | 69 396.0 | 68 571.0 | 65 384.0 | 53 079.0 | 41 058.0 | 50 989.0 | 53 007.0 | 48 396.0 | 44 776.0 | 39 014.0 | 35 789.0 | 33 147.0 | 31 928.0 | 31 947.0 | 24 748.0 | 26 525.0 | 1 418.0 | 1 243.0 | 1 177.0 |
| GROSS PROFIT | |||||||||||||||||||||||||||||
| Cost Of Revenue | 494.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 66 407.0 | 69 898.0 | 71 080.0 | 67 842.0 | 69 620.0 | 67 941.0 | 62 308.0 | 60 732.0 | 61 257.0 | 73 265.0 | 69 396.0 | 68 571.0 | 65 384.0 | 53 079.0 | 41 058.0 | 50 989.0 | 53 007.0 | 48 396.0 | 44 776.0 | 39 014.0 | 35 789.0 | 33 147.0 | 31 928.0 | 31 947.0 | 24 748.0 | 26 525.0 | 1 418.0 | 1 243.0 | 1 177.0 |
| OPERATING INCOME | |||||||||||||||||||||||||||||
| Operating Expenses | 66 407.0 | 67 039.0 | (65 594.0) | (62 775.0) | (64 677.0) | 61 634.0 | 58 772.0 | 56 506.0 | 55 692.0 | 64 512.0 | 64 147.0 | 66 708.0 | 61 057.0 | 48 518.0 | 45 018.0 | 45 923.0 | 41 372.0 | 39 003.0 | 40 336.0 | (34 777.0) | (32 407.0) | (31 026.0) | (31 189.0) | (30 531.0) | (24 131.0) | (25 182.0) | 22 341.0 | 21 637.0 | 21 125.0 |
| Selling, General and Administrative Expenses | 6 177.0 | 5 891.0 | 5 771.0 | 5 775.0 | 6 554.0 | 6 462.0 | 6 724.0 | 7 114.0 | 7 177.0 | 7 185.0 | 7 426.0 | 8 076.0 | 14 151.0 | 9 021.0 | 7 716.0 | 7 410.0 | 3 556.0 | 3 430.0 | 3 163.0 | 2 874.0 | 2 685.0 | 2 499.0 | 2 459.0 | 0 | 0 | 0 | 4 765.0 | 1 728.0 | 1 786.0 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 66 901.0 | 3 105.0 | 5 486.0 | 5 067.0 | 4 943.0 | 7 424.0 | 3 669.0 | 804.0 | 5 322.0 | 6 339.0 | 1 314.0 | 1 314.0 | 11 126.0 | 4 923.0 | (2 318.0) | 5 343.0 | 7 192.0 | 8 309.0 | 6 633.0 | 4 237.0 | 3 382.0 | 2 121.0 | 739.0 | 1 416.0 | 617.0 | 1 343.0 | 2 124.0 | 1 406.0 | 744.0 |
| PRE-TAX INCOME | |||||||||||||||||||||||||||||
| Interest Income Expense | 1 045.0 | 938.0 | 920.0 | 913.0 | 955.0 | 1 122.0 | 1 129.0 | 1 201.0 | 1 200.0 | 1 178.0 | 1 159.0 | 1 190.0 | 1 305.0 | 1 276.0 | 876.0 | 554.0 | 1 116.0 | 900.0 | 659.0 | 408.0 | 478.0 | 403.0 | 332.0 | 0 | 0 | 0 | (453.0) | 0 | 0 |
| Total Other Income | (64 739.0) | (62 400.0) | 2 640.0 | (60 915.0) | (62 825.0) | 1 179.0 | (58 772.0) | 4 541.0 | (57 465.0) | 2 465.0 | (64 968.0) | 128.0 | 4 857.0 | 3 729.0 | (2 015.0) | 1 557.0 | 1 505.0 | 1 297.0 | 296.0 | (339.0) | 2 346.0 | 1 406.0 | 474.0 | 1 192.0 | 1 047.0 | 1 975.0 | (453.0) | 0 | 0 |
| Pre-Tax Income | 2 162.0 | 2 859.0 | 8 126.0 | 6 927.0 | 6 795.0 | 6 307.0 | 3 536.0 | (195.0) | 7 926.0 | 9 060.0 | 8 768.0 | 8 131.0 | 7 710.0 | 5 596.0 | (4 333.0) | 5 090.0 | 6 039.0 | 4 221.0 | 4 399.0 | 3 779.0 | 2 630.0 | 1 671.0 | 739.0 | 1 416.0 | 1 047.0 | 1 975.0 | 1 671.0 | 1 406.0 | 744.0 |
| NET INCOME | |||||||||||||||||||||||||||||
| Tax Provision | 560.0 | 301.0 | 1 551.0 | 1 509.0 | 886.0 | 1 179.0 | (1 470.0) | (999.0) | 2 326.0 | 2 378.0 | 2 359.0 | 2 323.0 | 2 230.0 | 1 582.0 | (2 015.0) | 1 580.0 | 1 759.0 | 1 116.0 | 1 260.0 | 1 071.0 | 687.0 | 516.0 | 266.0 | 463.0 | 13 945.0 | 15 309.0 | 468.0 | 482.0 | 407.0 |
| Net Income | 1 578.0 | 2 354.0 | 6 855.0 | 5 407.0 | 5 899.0 | 5 123.0 | 4 010.0 | 850.0 | 5 373.0 | 6 309.0 | 6 409.0 | 5 808.0 | 6 423.0 | 4 014.0 | (2 246.0) | 3 209.0 | 4 317.0 | 6 293.0 | 4 714.0 | 2 758.0 | 2 217.0 | 1 605.0 | 473.0 | 953.0 | 617.0 | 1 343.0 | 1 203.0 | 853.0 | 699.0 |
| EPS | 1.81 | 2.93 | 7.36 | 5.72 | 6.1 | 5.34 | 3.84 | 0.73 | 5.1 | 5.9 | 5.75 | 5.42 | 5.18 | 4.07 | 2.75 | 4.48 | 5.8 | 8.27 | 6.29 | 3.67 | 3 | 2.28 | 0.64 | 1.52 | 0.79 | 1.72 | 1.61 | 1.14 | 0.94 |