MetLife (MET) 10-K Summaries & Annual Filing History
Review MetLife, Inc. (MET) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
MetLife, Inc. filed its annual report for the most recent fiscal year. The filing describes the company's insurance and financial services business, along with associated risks and financial results.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.4B
Revenue reported for the fiscal year.
Operating income
$6.1B
Income from operations reported for the year.
Net income
$3.4B
Net income reported for the year.
Operating cash flow
$17.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $15.9B | -4.6% |
| Dec 31, 2023 | $2.2B | -86.0% |
| Dec 31, 2024 | $2.2B | +0.7% |
| Dec 31, 2025 | $2.4B | +8.5% |
Business overview
MetLife provides insurance, annuities, employee benefits, and asset management services to individual and institutional customers. The company operates through segments that include group benefits, retirement and income solutions, and property and casualty insurance. Its business is subject to regulatory oversight and market conditions.
Financial performance
Revenue for the reported year increased compared to the prior year. Operating income and net income were reported, and operating cash flow was positive. The trend data shows revenue growth in the most recent period relative to earlier periods.
Material risks
Material risks include adverse economic conditions such as interest rate changes, credit spread movements, equity or debt market declines, and real estate value fluctuations. The filing also notes risks from tariff increases on the global economy and changes in asset values under management. Forward-looking statements are subject to uncertainties that could cause actual results to differ materially.
Liquidity and capital
The filing discusses liquidity and capital resources as part of management's discussion and analysis. No specific capital allocation actions or plans are detailed in the supplied context.
What to watch
Monitor the impact of tariff increases on the global economy as a factor that could affect future results.