MetLife, Inc. logo

MetLife, Inc.

MET

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
69,939
Cost of Revenue
50,940
Gross Profit
18,999
Gross Margin
27.2%
Operating Income
5,622
Operating Margin
8.0%
Net Income
4,426
Net Margin
6.3%
EPS (Basic)
$5.98
EPS (Diluted)
$5.94
EBITDA
7,373
EBITDA Margin
10.5%

2023

12/31/2023

Revenue
67,709
Cost of Revenue
50,420
Gross Profit
17,289
Gross Margin
25.5%
Operating Income
2,162
Operating Margin
3.2%
Net Income
1,578
Net Margin
2.3%
EPS (Basic)
$1.82
EPS (Diluted)
$1.81
EBITDA
3,925
EBITDA Margin
5.8%

2022

12/31/2022

Revenue
67,965
Cost of Revenue
49,029
Gross Profit
18,936
Gross Margin
27.9%
Operating Income
6,364
Operating Margin
9.4%
Net Income
5,284
Net Margin
7.8%
EPS (Basic)
$6.35
EPS (Diluted)
$6.30
EBITDA
7,975
EBITDA Margin
11.7%

2021

12/31/2021

Revenue
63,366
Cost of Revenue
46,531
Gross Profit
16,835
Gross Margin
26.6%
Operating Income
8,518
Operating Margin
13.4%
Net Income
6,855
Net Margin
10.8%
EPS (Basic)
$7.70
EPS (Diluted)
$7.65
EBITDA
10,132
EBITDA Margin
16.0%

2020

12/31/2020

Revenue
67,887
Cost of Revenue
52,418
Gross Profit
15,469
Gross Margin
22.8%
Operating Income
6,927
Operating Margin
10.2%
Net Income
5,407
Net Margin
8.0%
EPS (Basic)
$5.72
EPS (Diluted)
$5.68
EBITDA
8,459
EBITDA Margin
12.5%