TORVANTA
Financials · S&P 500 · data as of 2026-10-05

MET stock analysis: MetLife

MetLife (MET) is an S&P 500 company in Life & Health Insurance. It grades strongest on momentum and weakest on growth.

The model's view of MET · subscribers

Where MET ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with MET · updated 2026-10-05 · from prices and SEC filings

MET price performance

MET against the S&P 500, one year
+0%+20%MET +21%S&P 500 +18%2025-09-292026-10-05
Year to date+25.3%S&P 500 +14.5% · ahead by 10.8 pts
1 year+21.0%S&P 500 +17.0% · ahead by 3.9 pts
3 years+75.6%S&P 500 +89.3% · behind by 13.7 pts
5 years+75.1%S&P 500 +91.3% · behind by 16.2 pts

Total returns with dividends reinvested.

MET factor grades

Each grade compares MET with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C+ValueP/E 18.6x (industry 12.1x)FCF yield 25.3% (industry 15.6%)
D+GrowthRevenue growth +9% (industry +9%)EPS growth -11% (industry +51%)
C+ProfitabilityOperating margin 8.3% (industry 8.3%)ROIC 57.4% (industry 57.4%)
AMomentum12-month change +21%From 52-wk high -3%

MET in plain numbers

MET key statistics

SectorFinancials
IndustryLife & Health Insurance
IndexS&P 500
Market value$61.6B
Revenue growth (y/y)+9%
Free-cash-flow yield25.3%
Dividend yield2.4%
Next earnings (expected)2026-11-04
Valuation measures
Market value$61.6B
Enterprise value$42.7B
P/E (trailing)18.6x
Forward P/E (Torvanta estimate)17.2x
PEG (Torvanta estimate)2.10
Price / sales0.8x
Price / book2.2x
EV / revenue0.5x
EV / EBITDA6.5x
Financial highlights
Revenue, last 12 months$79.4B
Net income, last 12 months$3.6B
EPS, last 12 months (GAAP)$5.22
Operating margin8.3%
Net margin4.6%
Return on equity13.2%
Return on invested capital57.4%
Cash$19.3B
Total debt$460.0M
Debt / equity0.02x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

MET earnings trends

Revenue vs earnings
$0$6.0B$11.9B$17.9B$23.8BSep 2024 Revenue: $18.4BDec 2024 Revenue: $18.7BMar 2025 Revenue: $18.6BJun 2025 Revenue: $17.3BSep 2025 Revenue: $17.4BDec 2025 Revenue: $23.8BMar 2026 Revenue: $19.1BJun 2026 Revenue: $19.2BSep 2024 Net income: $1.3BDec 2024 Net income: $1.3BMar 2025 Net income: $945.0MJun 2025 Net income: $729.0MSep 2025 Net income: $896.0MDec 2025 Net income: $809.0MMar 2026 Net income: $1.2BJun 2026 Net income: $736.0MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 7.3%Net margin: 6.8%Net margin: 5.1%Net margin: 4.2%Net margin: 5.2%Net margin: 3.4%Net margin: 6.2%Net margin: 3.8%0%4%7%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.5$0.9$1.4$1.8Sep 2024 EPS (GAAP, diluted): $1.8Dec 2024 EPS (GAAP, diluted): $1.8Mar 2025 EPS (GAAP, diluted): $1.3Jun 2025 EPS (GAAP, diluted): $1.0Sep 2025 EPS (GAAP, diluted): $1.2Dec 2025 EPS (GAAP, diluted): $1.2Mar 2026 EPS (GAAP, diluted): $1.7Jun 2026 EPS (GAAP, diluted): $1.1Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -33% · Dec 2025 -34% · Mar 2026 +36% · Jun 2026 +6%

From the company's 10-Q and 10-K filings with the SEC.

MetLife financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$71.1B$69.2B$66.9B$71.0B$77.1B
Net income$6.6B$2.8B$1.6B$4.4B$3.4B
EPS (GAAP)$7.34$3.23$1.83$5.96$4.70

MET earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-05$1.09+6%+10%+4.3%
2026-05-06$1.74+36%+3%-2.4%
2026-02-04$1.17-34%+28%-0.3%
2025-11-05$1.22-33%-6%-3.7%
2025-08-06$1.03-20%-3%-2.1%
2025-04-30$1.28+16%+16%-1.6%

About MetLife

HeadquartersNew York, NY
Industry (SEC code)Life Insurance
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE, NYSE, NYSE, NYSE

From the company's SEC registration record.

Companies similar to MET

CompanyMarket valueP/ERevenue growthOperating margin12-month change
MET MetLife$61.6B18.6x+9%8.3%+21%
AFL Aflac$56.3B12.1x+14%n/a+2%compare
PRU Prudential$39.2B10.3x+9%n/a+15%compare
PFG Principal Financial$24.0B15.9x-2%n/a+36%compare
GL Globe Life$12.8B11.0x+5%n/a+22%

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Frequently asked questions

Is MET stock a buy?

Torvanta does not tell individuals what to buy. Its grades for MET are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is MET's P/E ratio?

MET trades at about 18.6 times its last 12 months of GAAP earnings reported to the SEC, and about 17.2 times Torvanta's own estimate of the next 12 months.

When does MET report earnings next?

Based on its filing history, Torvanta expects MetLife to report around 2026-11-04.

Does MET pay a dividend?

Yes. Its dividend yield is about 2.4%, and it has raised its dividend 7 years in a row.

How has MET performed against the S&P 500?

Over the past year MET returned +21.0%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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