MetLife (MET) Revenue & Revenue Breakdown


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MetLife Revenue Highlights


Latest Revenue (Y)

$70.99B

Latest Revenue (Q)

$18.44B

Main Segment (Y)

Prepaid legal plans and administrative-only contracts

Main Geography (Y)

Asia Segment

MetLife Revenue by Period


MetLife Revenue by Year

DateRevenueChange
2024-12-31$70.99B6.90%
2023-12-31$66.41B-4.99%
2022-12-31$69.90B-1.66%
2021-12-31$71.08B4.77%
2020-12-31$67.84B-2.55%
2019-12-31$69.62B2.47%
2018-12-31$67.94B9.04%
2017-12-31$62.31B2.60%
2016-12-31$60.73B-0.86%
2015-12-31$61.26B-16.39%
2014-12-31$73.27B5.58%
2013-12-31$69.40B1.20%
2012-12-31$68.57B4.87%
2011-12-31$65.38B23.18%
2010-12-31$53.08B29.28%
2009-12-31$41.06B-19.48%
2008-12-31$50.99B-3.81%
2007-12-31$53.01B9.53%
2006-12-31$48.40B8.08%
2005-12-31$44.78B14.77%
2004-12-31$39.01B9.01%
2003-12-31$35.79B7.97%
2002-12-31$33.15B3.82%
2001-12-31$31.93B-0.06%
2000-12-31$31.95B29.09%
1999-12-31$24.75B-6.70%
1998-12-31$26.52B1770.59%
1997-12-31$1.42B14.08%
1996-12-31$1.24B5.61%
1995-12-31$1.18B-

MetLife generated $70.99B in revenue during NA 2024, up 6.90% compared to the previous quarter, and up 101.96% compared to the same period a year ago.

MetLife Revenue by Quarter

DateRevenueChange
2024-09-30$18.44B3.46%
2024-06-30$17.82B11.00%
2024-03-31$16.06B-15.61%
2023-12-31$19.03B19.93%
2023-09-30$15.87B-4.55%
2023-06-30$16.62B8.03%
2023-03-31$15.39B-5.69%
2022-12-31$16.32B-27.43%
2022-09-30$22.48B45.30%
2022-06-30$15.47B0.45%
2022-03-31$15.40B-23.32%
2021-12-31$20.09B18.83%
2021-09-30$16.91B-8.74%
2021-06-30$18.52B19.03%
2021-03-31$15.56B-19.86%
2020-12-31$19.42B21.25%
2020-09-30$16.02B13.59%
2020-06-30$14.10B-23.00%
2020-03-31$18.31B6.81%
2019-12-31$17.14B-8.22%
2019-09-30$18.68B6.75%
2019-06-30$17.50B7.33%
2019-03-31$16.30B4.09%
2018-12-31$15.66B-3.85%
2018-09-30$16.29B-23.11%
2018-06-30$21.18B43.09%
2018-03-31$14.80B-6.49%
2017-12-31$15.83B-2.01%
2017-09-30$16.16B5.44%
2017-06-30$15.32B2.49%
2017-03-31$14.95B16.54%
2016-12-31$12.83B-18.81%
2016-09-30$15.80B15.52%
2016-06-30$13.68B-17.65%
2016-03-31$16.61B-2.54%
2015-12-31$17.04B-5.47%
2015-09-30$18.03B11.54%
2015-06-30$16.17B-13.60%
2015-03-31$18.71B-2.14%
2014-12-31$19.12B1.45%
2014-09-30$18.85B3.18%
2014-06-30$18.27B6.91%
2014-03-31$17.09B-7.44%
2013-12-31$18.46B12.98%
2013-09-30$16.34B3.92%
2013-06-30$15.72B-11.10%
2013-03-31$17.68B2.02%
2012-12-31$17.33B5.03%
2012-09-30$16.50B-10.30%
2012-06-30$18.40B15.59%
2012-03-31$15.92B-4.95%
2011-12-31$16.75B-18.15%
2011-09-30$20.46B19.29%
2011-06-30$17.15B7.78%
2011-03-31$15.91B23.95%
2010-12-31$12.84B4.04%
2010-09-30$12.34B-13.39%
2010-06-30$14.25B8.01%
2010-03-31$13.19B6.88%
2009-12-31$12.34B20.54%
2009-09-30$10.24B23.86%
2009-06-30$8.27B-19.09%
2009-03-31$10.22B-26.42%
2008-12-31$13.88B3.79%
2008-09-30$13.38B-2.46%
2008-06-30$13.71B5.28%
2008-03-31$13.03B-

MetLife generated $18.44B in revenue during Q3 2024, up 3.46% compared to the previous quarter, and up 110.93% compared to the same period a year ago.

MetLife Revenue Breakdown


MetLife Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Distribution Service$151.00M$213.00M--
Vision fee for service arrangements$536.00M$546.00M--
Prepaid legal plans and administrative-only contracts$572.00M$432.00M--
Other revenue from service contracts from customers$319.00M$289.00M--
Fee-based investment management services$394.00M$363.00M--
Administrative Service$273.00M$231.00M--
Investment Product----
Accident and Health Insurance Product Line----
Other Products----
Life Insurance Product Line----
MetLife Holdings-$8.20B--
Asia-$10.93B--
Retirement and Income Solutions-$16.64B--
Latin America-$7.37B--
Group Benefits-$25.23B--
Reconciling Items-$-4.81B--
Corporate & Other-$808.00M--
EMEA-$2.54B--

MetLife's latest annual revenue breakdown by segment (product or service), as of Dec 24: Prepaid legal plans and administrative-only contracts (25.48%), Vision fee for service arrangements (23.88%), Fee-based investment management services (17.55%), Other revenue from service contracts from customers (14.21%), Administrative Service (12.16%), and Distribution Service (6.73%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Prepaid legal plans and administrative-only contracts$135.00M$144.00M$145.00M$128.00M$130.00M$131.00M$115.00M$118.00M$118.00M$120.00M$108.00M$107.00M$108.00M$109.00M$95.00M$100.00M$99.00M$101.00M$88.00M$87.00M
Vision fee for service arrangements$134.00M$126.00M$130.00M$144.00M$143.00M$159.00M$139.00M$135.00M$138.00M$154.00M$136.00M$135.00M$135.00M$140.00M------
Fee-based investment management services$99.00M$99.00M$98.00M$103.00M$103.00M$100.00M$97.00M$97.00M$100.00M$102.00M$97.00M$95.00M$86.00M$85.00M$86.00M$82.00M$71.00M$79.00M$73.00M$67.00M
Distribution Service$38.00M$38.00M$37.00M$39.00M$38.00M$37.00M$38.00M$40.00M$43.00M$47.00M----------
Administrative Service$68.00M$69.00M$69.00M$65.00M$64.00M$64.00M$61.00M$59.00M$59.00M$59.00M----------
Other revenue from service contracts from customers$82.00M$78.00M$79.00M$75.00M$68.00M$71.00M$74.00M$62.00M$67.00M$68.00M$79.00M$69.00M$74.00M$67.00M$68.00M$45.00M$54.00M$60.00M$51.00M$54.00M
Distribution and Administrative Services fees-----------$54.00M$53.00M$53.00M$51.00M$50.00M$46.00M$49.00M$52.00M$52.00M
Administrative services-only contracts-----------$56.00M$58.00M$61.00M$54.00M$54.00M$54.00M$56.00M$51.00M$53.00M

MetLife's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Prepaid legal plans and administrative-only contracts (24.28%), Vision fee for service arrangements (24.10%), Fee-based investment management services (17.81%), Other revenue from service contracts from customers (14.75%), Administrative Service (12.23%), and Distribution Service (6.83%).

MetLife Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21
Asia Segment$11.41B---
Europe, Middle East And Africa Segment$2.77B---
Latin America Segment$7.59B---
EMEA Segment----
Latin America-$7.37B--
Corporate & Other-$808.00M--
Reconciling Items-$-4.81B--
United States-$50.07B--
Asia-$10.93B--
EMEA-$2.54B--
UNITED STATES--$43.32B$35.25B
Other Foreign Countries--$8.77B$8.71B
JAPAN--$5.53B$6.43B

MetLife's latest annual revenue breakdown by geography, as of Dec 24: Asia Segment (52.43%), Latin America Segment (34.84%), and Europe, Middle East And Africa Segment (12.72%).

Quarterly Revenue by Country

CountryDec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19
Latin America Segment$1.87B$1.93B$1.90B$1.97B$1.85B$1.80B$1.75B$1.57B$1.52B$1.59B$1.35B$1.32B$1.29B$1.24B$1.17B-----
Europe, Middle East And Africa Segment$711.00M$710.00M$675.00M-----------------
Asia Segment$2.89B$2.84B$2.83B$2.71B$2.77B$2.78B$2.67B$2.60B$2.62B$2.93B$3.26B$3.30B$3.44B$3.19B$3.42B-----
EMEA Segment---$649.00M$639.00M$629.00M$626.00M$603.00M$585.00M$624.00M$647.00M$665.00M$716.00M$806.00M$741.00M-----
EMEA---------------$747.00M$723.00M$766.00M$741.00M$729.00M
UNITED STATES---------------$8.66B$7.12B$7.96B$10.33B$9.15B
Latin America---------------$982.00M$997.00M$1.14B$1.21B$1.26B
Asia---------------$3.35B$2.79B$3.02B$3.03B$3.01B

MetLife's latest quarterly revenue breakdown by geography, as of Dec 24: Asia Segment (52.80%), Latin America Segment (34.19%), and Europe, Middle East And Africa Segment (13.01%).

MetLife Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
METMetLife$70.99B$18.44B
PRUPrudential Financial$70.41B$19.49B
MFCManulife Financial$42.31B$12.55B
LNCLincoln National$18.44B$4.11B
UNMUnum Group$12.89B$3.22B
PUKPrudential$10.86B$5.37B
GLGlobe Life$5.78B$1.46B
CNOCNO Financial Group$4.45B$1.12B
JXNJackson Financial$3.27B$1.25B
AFLAflac$698.00M$2.95B

MET Revenue FAQ


What is MetLife’s yearly revenue?

MetLife's yearly revenue for 2024 was $70.99B, representing an increase of 6.90% compared to 2023. The company's yearly revenue for 2023 was $66.41B, representing a decrease of -4.99% compared to 2022. MET's yearly revenue for 2022 was $69.9B, representing a decrease of -1.66% compared to 2021.

What is MetLife’s quarterly revenue?

MetLife's quarterly revenue for Q3 2024 was $18.44B, a 3.46% increase from the previous quarter (Q2 2024), and a 16.22% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $17.82B, a 11.00% increase from the previous quarter (Q1 2024), and a 7.22% increase year-over-year (Q2 2023). MET's quarterly revenue for Q1 2024 was $16.06B, a -15.61% decrease from the previous quarter (Q4 2023), and a 4.35% increase year-over-year (Q1 2023).

What is MetLife’s revenue growth rate?

MetLife's revenue growth rate for the last 3 years (2022-2024) was 1.56%, and for the last 5 years (2020-2024) was 4.63%.

What are MetLife’s revenue streams?

MetLife's revenue streams in c 24 are Distribution Service, Vision fee for service arrangements, Prepaid legal plans and administrative-only contracts, Other revenue from service contracts from customers, Fee-based investment management services, and Administrative Service. Distribution Service generated $151M in revenue, accounting 6.73% of the company's total revenue, down -10.12% year-over-year. Vision fee for service arrangements generated $536M in revenue, accounting 23.88% of the company's total revenue, down -5.30% year-over-year. Prepaid legal plans and administrative-only contracts generated $572M in revenue, accounting 25.48% of the company's total revenue, up 21.44% year-over-year. Other revenue from service contracts from customers generated $319M in revenue, accounting 14.21% of the company's total revenue, up 17.71% year-over-year. Fee-based investment management services generated $394M in revenue, accounting 17.55% of the company's total revenue, down -0.51% year-over-year. Administrative Service generated $273M in revenue, accounting 12.16% of the company's total revenue, up 14.71% year-over-year.

What is MetLife’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of MetLife was Prepaid legal plans and administrative-only contracts. This segment made a revenue of $572M, representing 25.48% of the company's total revenue.