Company research
METROPOLITAN LIFE INSURANCE CO
CIK 937834Updated Sep 26, 2026
Filing activity
Latest filing
50 filings on record · 485BPOS, N-VPFS, 10-Q, 485APOS, 497J, 10-K.
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 383,516,000,000Source | 369,796,000,000Source | 378,685,000,000Source | 385,840,000,000Source |
| Property, Plant and Equipment | — | — | — | — |
| GoodwillUSD | 117,000,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,392,000,000Source | 7,271,000,000Source | 6,795,000,000Source | 9,405,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 268,000,000Source | 340,000,000Source | 416,000,000Source | 498,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 368,981,000,000Source | 355,362,000,000Source | 365,069,000,000Source | 371,471,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 5,000,000Source | 5,000,000Source | 5,000,000Source | 5,000,000Source |
| Additional Paid in CapitalUSD | 12,475,000,000Source | 12,475,000,000Source | 12,475,000,000Source | 12,476,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 6,677,000,000Source | 7,444,000,000Source | 7,645,000,000Source | 10,572,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -5,236,000,000Source | -5,994,000,000Source | -6,872,000,000Source | -8,896,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 13,921,000,000Source | 13,930,000,000Source | 13,253,000,000Source | 14,157,000,000Source |
| Liabilities and EquityUSD | 383,516,000,000Source | 369,796,000,000Source | 378,685,000,000Source | 385,840,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | 0Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 614,000,000Source | 504,000,000Source | 363,000,000Source | 212,000,000Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 1,045,000,000Source | 1,553,000,000Source | 1,887,000,000Source | 1,676,000,000Source |
| Short-term InvestmentsUSD | 2,221,000,000Source | 2,391,000,000Source | 3,048,000,000Source | 2,759,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,559,000,000Source | 3,485,000,000Source | 1,135,000,000Source | 3,271,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | -106,000,000Source | 34,000,000Source | -321,000,000Source | 305,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 8,971,000,000Source | 6,530,000,000Source | 4,835,000,000Source | 4,667,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,158,000,000Source | 1,869,000,000Source | 167,000,000Source | 3,498,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -122,000,000Source | -49,000,000Source | -41,000,000Source | -19,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,698,000,000Source | -7,918,000,000Source | -7,614,000,000Source | -8,710,000,000Source |
| Dividends paidUSD | — | — | 2,500,000,000Source | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 109,000,000Source | 96,000,000Source | -2,000,000Source | -57,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,121,000,000Source | 476,000,000Source | -2,610,000,000Source | -552,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,392,000,000Source | 7,271,000,000Source | 6,795,000,000Source | 9,405,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 107,000,000Source | 126,000,000Source | 131,000,000Source | 102,000,000Source |
| Income Taxes Paid, NetUSD | 549,000,000Source | 495,000,000Source | 374,000,000Source | 344,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 12,000,000Source | 13,000,000Source | 15,000,000Source | 17,000,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -301,000,000Source | -303,000,000Source | -193,000,000Source | -159,000,000Source |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously RecordedUSD | 125,000,000Source | 50,000,000Source | 40,000,000Source | 130,000,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | -384,000,000Source | -470,000,000Source | -301,000,000Source | -752,000,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 263,000,000Source | 277,000,000Source | -296,000,000Source | 143,000,000Source |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, AmortizationUSD | 265,000,000Source | 279,000,000Source | 298,000,000Source | 144,000,000Source |
| DepreciationUSD | 89,000,000Source | 95,000,000Source | 81,000,000Source | — |
| Equity Securities, FV-NI, Gain (Loss)USD | -5,000,000Source | -15,000,000Source | 5,000,000Source | 6,000,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -26,000,000Source | 24,000,000Source | -2,000,000Source | -6,000,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 21,000,000Source | -39,000,000Source | 7,000,000Source | 12,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -70,000,000Source | 33,000,000Source | -61,000,000Source | 97,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -1,141,000,000Source | -106,000,000Source | -1,537,000,000Source | 472,000,000Source |
| Gain (Loss) on InvestmentsUSD | -992,000,000Source | -450,000,000Source | -1,375,000,000Source | -127,000,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | -32,000,000Source | 26,000,000Source | 18,000,000Source | 72,000,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | — | -2,000,000Source | — |
| Gain (Loss) on Disposition of Other AssetsUSD | -79,000,000Source | 44,000,000Source | -45,000,000Source | 137,000,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | -419,000,000Source | -180,000,000Source | -174,000,000Source | -42,000,000Source |
| Gain (Loss) on Termination of LeaseUSD | 9,000,000Source | 15,000,000Source | 26,000,000Source | 33,000,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | -10,000,000Source | 229,000,000Source | 102,000,000Source | 561,000,000Source |
| General and Administrative ExpenseUSD | 2,601,000,000Source | 2,535,000,000Source | 2,799,000,000Source | 2,743,000,000Source |
| GoodwillUSD | 117,000,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 786,000,000Source | 548,000,000Source | 51,000,000Source | 625,000,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | -509,000,000Source | -481,000,000Source | -1,098,000,000Source | -890,000,000Source |
| Income Tax Expense (Benefit)USD | 255,000,000Source | 776,000,000Source | 60,000,000Source | 639,000,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 20,806,000,000Source | 20,107,000,000Source | 19,997,000,000Source | 21,226,000,000Source |
| Market Risk Benefit, Change in Fair Value, Gain (Loss)USD | 319,000,000Source | 932,000,000Source | 703,000,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | 1,565,000,000Source | 3,494,000,000Source | 1,094,000,000Source | 3,243,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -6,000,000Source | -9,000,000Source | 41,000,000Source | 28,000,000Source |
| Operating ExpensesUSD | 5,456,000,000Source | 5,679,000,000Source | 5,785,000,000Source | 5,555,000,000Source |
| Operating Lease, Lease IncomeUSD | 167,000,000Source | 157,000,000Source | — | — |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 0Source | 210,000,000Source | 64,000,000Source |
| Realized Investment Gains (Losses)USD | -301,000,000Source | -288,000,000Source | -193,000,000Source | -146,000,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 21,000,000Source | -36,000,000Source | 1,000,000Source | -3,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 43,310,000,000Source | 41,915,000,000Source | 36,349,000,000Source | 45,360,000,000Source |
| Operating Income (Loss)USD | — | 3,374,000,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,814,000,000Source | 4,261,000,000Source | 1,195,000,000Source | 3,910,000,000Source |
| Income Tax Expense (Benefit)USD | 255,000,000Source | 776,000,000Source | 60,000,000Source | 639,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -6,000,000Source | -9,000,000Source | 41,000,000Source | 28,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,565,000,000Source | 3,494,000,000Source | 1,094,000,000Source | 3,243,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 12,000,000Source | 13,000,000Source | 15,000,000Source | 17,000,000Source |
| Benefits, Losses and ExpensesUSD | 41,496,000,000Source | 37,654,000,000Source | 35,154,000,000Source | 41,450,000,000Source |
| Current Income Tax Expense (Benefit)USD | 361,000,000Source | 742,000,000Source | 381,000,000Source | 334,000,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -301,000,000Source | -303,000,000Source | -193,000,000Source | -159,000,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 263,000,000Source | 277,000,000Source | -296,000,000Source | 143,000,000Source |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, AmortizationUSD | 265,000,000Source | 279,000,000Source | 298,000,000Source | 144,000,000Source |
| Cost, Direct Tax and LicenseUSD | 376,000,000Source | 451,000,000Source | 377,000,000Source | 342,000,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -26,000,000Source | 24,000,000Source | -2,000,000Source | -6,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -70,000,000Source | 33,000,000Source | -61,000,000Source | 97,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -1,141,000,000Source | -106,000,000Source | -1,537,000,000Source | 472,000,000Source |
| Gain (Loss) on InvestmentsUSD | -992,000,000Source | -450,000,000Source | -1,375,000,000Source | -127,000,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | -10,000,000Source | 229,000,000Source | 102,000,000Source | 561,000,000Source |
| General and Administrative ExpenseUSD | 2,601,000,000Source | 2,535,000,000Source | 2,799,000,000Source | 2,743,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 1,701,000,000Source | 4,113,000,000Source | 1,176,000,000Source | 3,876,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 786,000,000Source | 548,000,000Source | 51,000,000Source | 625,000,000Source |
| Interest Expense, DebtUSD | 104,000,000Source | 122,000,000Source | 132,000,000Source | 104,000,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 20,806,000,000Source | 20,107,000,000Source | 19,997,000,000Source | 21,226,000,000Source |
| Market Risk Benefit, Change in Fair Value, Gain (Loss)USD | 319,000,000Source | 932,000,000Source | 703,000,000Source | — |
| Net Investment IncomeUSD | 11,611,000,000Source | 11,635,000,000Source | 11,206,000,000Source | 10,122,000,000Source |
| Operating ExpensesUSD | 5,456,000,000Source | 5,679,000,000Source | 5,785,000,000Source | 5,555,000,000Source |
| Operating Lease, Lease IncomeUSD | 167,000,000Source | 157,000,000Source | — | — |
| Other ExpensesUSD | — | — | 5,473,000,000Source | 5,491,000,000Source |
| Other IncomeUSD | 1,722,000,000Source | 1,775,000,000Source | 1,673,000,000Source | 1,698,000,000Source |
| Realized Investment Gains (Losses)USD | -301,000,000Source | -288,000,000Source | -193,000,000Source | -146,000,000Source |
| Selling and Marketing ExpenseUSD | 1,969,000,000Source | 2,181,000,000Source | 2,098,000,000Source | 2,290,000,000Source |