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COMPANY BENCHMARKING • UNITED STATES

Metlife, Inc. - Company Profile

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Metlife, Inc. - Overview

Brands
General American, MetLife, MetLife Bank, MetLife Investors, MetLife Legal Plans, MetLife Resources, MetLife Securities, Metropolitan Property and Casualty Insurance, New England Financial, Safeguard Health Enterprises, Tower Square Securities, Walnut Street Securities
Description
Metlife, Inc. is a public company headquartered in New York with an estimated 49,000 employees. In the US, the company has a notable market share in at least four industries: Dental Insurance, AD&D Insurance, Life Insurance & Annuities and Finance and Insurance. Their largest market share is in the Dental Insurance industry, where they account for an estimated 13.0% of total industry revenue and are considered a Golden Goose because they display medium to strong market share and strong profit, but slower revenue growth than some of their peers.
Company Details

Registered Name: Metlife, Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 200 Park Avenue New York NY 10166

Website: https://www.metlife.com

Employees: 49000

Metlife, Inc. - Operating Industries and Main Competitors

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Metlife, Inc. - Products and Services

  • Finance and Insurance in the US

  • Of the 4 core revenue-generating products and services in the Finance and Insurance in the US industry, Metlife, Inc. offers:
    • Credit intermediation and related activities
    • Insurance and related activities
    • Securities, commodity contracts and other financial investments
    • AAAAA AAAAA
  • Life Insurance & Annuities in the US

  • Of the 6 core revenue-generating products and services in the Life Insurance & Annuities in the US industry, Metlife, Inc. offers:
    • Group annuities
    • Group life insurance premiums
    • Individual annuities
    • AAAAA AAAAA
  • Dental Insurance

  • Of the 4 core revenue-generating products and services in the Dental Insurance industry, Metlife, Inc. offers:
    • Capitation plans
    • Government insurance
    • Indemnity plans
    • AAAAA AAAAA
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Metlife, Inc. - Analyst Insights

MetLife's Insurance Business Thrives as COVID Cases Surge

Since 2020, MetLife Inc. (MetLife) has paid $2.1 billion in life insurance benefits relating to COVID-19 (coronavirus) deaths. During 2021, the insurance company’s payments have exceeded 2020’s total, according to Michael Khalaf, Chief Operating Officer (CEO) at MetLife. Despite the negative economic effects of the pandemic, MetLife’s overall earnings have surged since 2020, as the company announced in November of 2021 that its third quarter earnings during the year increased to $1.5 billion from $633 million in 2020’s third quarter. Moving forward, the company expects greater earnings due to many individuals prioritizing life insurance with the threat of COVID-19 still lingering.

COVID|Balance Sheet|ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Metlife, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Metlife, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Finance and Insurance in the US, Life Insurance & Annuities in the US, and Dental Insurance industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Metlife, Inc. - Financial Statements & Ratios

pie_chartMetlife, Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue71,080.067,842.069,620.067,941.062,308.060,787.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartMetlife, Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents20,047.019,795.016,598.015,821.012,701.012,651.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartMetlife, Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income6,575.05,418.05,909.05,128.04,020.0854.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

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