MetLife (MET) Revenue — Quarter Ended Dec 31, 2023
Revenue rose sharply in the quarter compared with the immediately preceding period, and also increased relative to the same quarter a year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
Revenue rose sharply in the quarter compared with the immediately preceding period, and also increased relative to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$19B
Revenue reported for this quarter.
Quarter-over-quarter
+3334.7%
Change from the immediately preceding quarter.
Year-over-year
+21.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $562M | -96.4% |
| Jun 30, 2023 | $546M | +103.8% |
| Sep 30, 2023 | $554M | +8.4% |
| Dec 31, 2023 | $19B | +21.9% |
Revenue performance
The quarterly revenue level was substantially higher than the preceding three quarters, reflecting a strong end to the fiscal year.
Quarterly comparison
Sequentially, revenue surged from the prior quarter, while the year-over-year advance was more moderate.
What to watch
The extreme sequential swing in revenue may warrant monitoring for underlying drivers and sustainability.