MetLife (MET) stock
Financials · Life & Health Insurance
MetLife (MET) is a Life & Health Insurance company in the Financials sector, headquartered in New York City, New York. As of October 23, 2026, MET closed at $98.82, a market capitalization of $62.80 billion, the 197th largest company in the S&P 500. Over the last twelve months it generated $79.40 billion in revenue (+10% year over year) and $15.56 billion in free cash flow. The stock trades at 18.9x trailing earnings and 8.9x forward earnings.
- 1-year total return: +30.0% (dividends reinvested)
- 5-year return: +11.8% a year
- 52-week range: $67.33 – $103.65
- Gross margin 24.0%, operating margin 5.5%
- Dividend yield: 2.40%, 12 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 33rd largest of 76 Financials stocks in the S&P 500
MET price chart
1Y price change: +26.4% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| MET | +1.7% | +27.8% | +30.0% | +22.7% | +11.8% | +12.8% | +10.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2000.
MET key statistics
- Market cap
- $62.8B
- #197 in S&P 500
- P/E (TTM)
- 18.9x
- Forward P/E
- 8.9x
- EPS (TTM)
- $5.22
- Revenue (TTM)
- $79.4B
- +11%
- Free cash flow
- $15.6B
- Gross margin
- 24.0%
- Operating margin
- 5.5%
- Return on equity
- 13.1%
- Dividend yield
- 2.40%
- 52-week range
- $67.33 – $103.65
- Beta
- 0.78
- Price / sales
- 0.8x
- EV / EBITDA
- 14.3x
- Debt / equity
- 1.80x
- Employees
- 46,000
MET report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth10.5%B
- Gross margin24.0%D
- Operating margin5.5%D
- FCF margin19.6%B
- Return on equity13.1%C
- Net debt / EBITDA3.8xF
- Forward P/E8.9xA
- PEG ratio0.5xA
- Shareholder yield7.0%A
- Share count change / yr-5.9%A
MetLife financials
Revenue went from $60.8B in fiscal 2016 to $2.4B in fiscal 2025, shrinking 30.1% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.8B | $62.3B | $1.3B | $1.3B | $1.4B | $2.1B | $2.1B | $2.2B | $2.2B | $2.4B |
| Operating income | — | — | — | — | — | — | $6.0B | $5.7B | $6.0B | $6.1B |
| Net income | $850.0M | $4.0B | $5.1B | $5.9B | $5.4B | $6.9B | $5.3B | $1.6B | $4.4B | $3.4B |
| EPS (diluted) | $0.67 | $3.62 | $4.91 | $6.06 | $5.68 | $7.65 | $6.30 | $1.81 | $5.94 | $4.71 |
| Buybacks | $372.0M | $2.9B | $4.0B | $2.3B | $1.2B | $4.3B | $3.3B | $3.1B | $3.2B | $2.9B |
| Dividends paid | $1.7B | $1.7B | $1.7B | $1.6B | $1.7B | $1.6B | $1.6B | $1.6B | $1.5B | $1.5B |
| Diluted shares | 1.1B | 1.1B | 1.0B | 944.4M | 913.2M | 869.4M | 808.9M | 762.3M | 711.1M | 673.3M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into MET?
A reverse DCF asks what growth the current price requires. With an enterprise value of $85.8B and $15.6B of trailing free cash flow, MetLife needs to grow free cash flow about -19.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 21.0x vs. median 10.5x (10th–90th percentile 6.3x–43.3x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
MET dividend
- Dividend yield
- 2.40%
- Annual dividend
- $2.37
- Years of increases
- 12
- 5-yr dividend growth
- 4.3%
- per year
- Payout ratio
- 44%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
MET earnings
Next report: November 4, 2026. MetLife has beaten EPS estimates 4 quarters in a row. Last quarter's revenue was $18.9B (+10% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 5, 2026 | $2.29 | $2.43 | +6.2% |
| May 6, 2026 | $2.27 | $2.42 | +6.7% |
| Feb 4, 2026 | $2.34 | $2.49 | +6.3% |
| Nov 5, 2025 | $2.32 | $2.37 | +2.2% |
| Aug 6, 2025 | $2.16 | $2.02 | -6.7% |
| Apr 30, 2025 | $2.01 | $1.96 | -2.5% |
| Feb 5, 2025 | $2.09 | $2.09 | -0.2% |
| Oct 30, 2024 | $2.18 | $1.95 | -10.7% |
Stocks like MET
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 AFL AFLAC | -2.24% | +14% | $60.4B | 13.0x | Compare |
 PRU Prudential Financial | -2.69% | +19% | $39.7B | 10.4x | Compare |
 PFG Principal Financial | -1.40% | +41% | $23.2B | 15.5x | Compare |
 GL Globe Life | -8.09% | +15% | $11.9B | 10.4x | Compare |
 BRK-B Berkshire Hathaway | -0.87% | +11% | $1.2T | 13.6x | Compare |
 JPM JP Morgan Chase | -1.47% | +15% | $880.5B | 13.9x | Compare |
 V Visa | -1.55% | +19% | $765.8B | 34.7x | Compare |
 MA Mastercard | -1.52% | +9% | $546.3B | 34.3x | Compare |
MET news
- What You Need to Know Ahead of MetLife’s Earnings Release · Oct 24, 2026
- The Zacks Analyst Blog Highlights Sun Life Financial, Coca-Cola, Altria, Keurig Dr Pepper and MetLife · Oct 20, 2026
- MetLife's ChatGPT Integration Opens a New Pet Insurance Growth Avenue · Oct 19, 2026
- Better Dividend Stock for Retirees: Prudential vs. MetLife · Oct 16, 2026
- MetLife Brings Pet Insurance to ChatGPT, Expanding How Consumers Research, Quote and Fetch Coverage Through AI · Oct 14, 2026
MET stock FAQ
What is MET's market cap?
MetLife's market capitalization is $62.80 billion as of October 23, 2026, ranking 197th in the S&P 500.
What is MET's P/E ratio?
MET trades at a trailing price-to-earnings ratio of 18.9x and a forward P/E of 8.9x. Its median P/E over the period we track is 10.5x.
Does MET pay a dividend?
Yes. MetLife pays $2.37 per share a year, a 2.40% yield. It has raised its dividend 12 years in a row. Dividends grew 4.3% a year over the last five years.
How much has MET stock returned?
Including reinvested dividends, MET returned +30.0% over one year, +11.8% a year over five years, +12.8% a year over ten years through October 23, 2026.
Is MET stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies MetLife must grow free cash flow about -20% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does MET report earnings?
MetLife is expected to report earnings on November 4, 2026. It has beaten EPS estimates 4 quarters in a row.
How many employees does MetLife have?
MetLife has about 46,000 full-time employees, or $1.7 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology