MetLife Historical Income Statement

MET Stock  USD 82.63  0.38  0.46%   
Historical analysis of MetLife income statement accounts such as Total Revenue of 52.8 B can show how well MetLife performed in making a profits. Evaluating MetLife income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MetLife's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining MetLife latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MetLife is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy MetLife Stock please use our How to Invest in MetLife guide.

About MetLife Income Statement Analysis

MetLife Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MetLife shareholders. The income statement also shows MetLife investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

MetLife Income Statement Chart

At this time, MetLife's Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 4.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 5.8 B in 2024.

Total Revenue

Total revenue comprises all receipts MetLife generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of MetLife minus its cost of goods sold. It is profit before MetLife operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MetLife. It is also known as MetLife overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of MetLife whose combined shares represent less than 50% of the total outstanding shares issued by MetLife have a minority interest in MetLife.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from MetLife's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MetLife current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy MetLife Stock please use our How to Invest in MetLife guide.At this time, MetLife's Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 4.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 5.8 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit71.1B69.9B65.9B52.8B
Total Revenue71.1B69.9B66.4B52.8B

MetLife income statement Correlations

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0.80.970.870.870.85-0.060.420.440.290.480.490.240.18-0.15-0.320.84-0.020.040.15-0.120.19-0.150.18
0.710.970.840.840.79-0.080.350.370.290.530.530.320.22-0.19-0.220.770.05-0.010.12-0.050.22-0.210.2
0.790.870.841.00.96-0.010.520.53-0.030.550.590.27-0.07-0.22-0.560.89-0.140.230.1-0.04-0.180.3-0.16
0.790.870.841.00.96-0.020.520.54-0.030.550.590.27-0.06-0.22-0.560.89-0.140.230.1-0.04-0.180.29-0.16
0.810.850.790.960.960.040.390.410.020.360.40.11-0.15-0.16-0.670.93-0.240.130.07-0.19-0.240.33-0.14
-0.15-0.06-0.08-0.01-0.020.04-0.13-0.130.25-0.36-0.44-0.13-0.65-0.28-0.5-0.04-0.09-0.58-0.94-0.32-0.660.18-0.47
0.40.420.350.520.520.39-0.131.0-0.160.70.670.610.04-0.48-0.180.350.370.480.180.5-0.040.2-0.13
0.430.440.370.530.540.41-0.131.0-0.150.70.680.60.04-0.48-0.190.370.370.490.190.49-0.030.2-0.12
0.10.290.29-0.03-0.030.020.25-0.16-0.15-0.23-0.33-0.06-0.02-0.140.080.010.19-0.56-0.25-0.280.39-0.670.38
0.40.480.530.550.550.36-0.360.70.7-0.230.980.830.39-0.380.160.410.560.580.40.710.25-0.030.12
0.470.490.530.590.590.4-0.440.670.68-0.330.980.710.46-0.230.10.450.430.690.470.60.240.040.1
0.030.240.320.270.270.11-0.130.610.6-0.060.830.710.19-0.640.270.160.710.230.170.90.2-0.160.11
0.130.180.22-0.07-0.06-0.15-0.650.040.04-0.020.390.460.190.390.55-0.030.230.410.610.250.8-0.580.61
-0.09-0.15-0.19-0.22-0.22-0.16-0.28-0.48-0.48-0.14-0.38-0.23-0.640.390.11-0.13-0.490.20.24-0.460.21-0.05-0.06
-0.4-0.32-0.22-0.56-0.56-0.67-0.5-0.18-0.190.080.160.10.270.550.11-0.470.460.060.460.460.74-0.640.59
0.880.840.770.890.890.93-0.040.350.370.010.410.450.16-0.03-0.13-0.47-0.140.150.25-0.12-0.090.220.09
-0.05-0.020.05-0.14-0.14-0.24-0.090.370.370.190.560.430.710.23-0.490.46-0.140.20.110.660.36-0.380.34
0.30.04-0.010.230.230.13-0.580.480.49-0.560.580.690.230.410.20.060.150.20.570.360.150.25-0.02
0.310.150.120.10.10.07-0.940.180.19-0.250.40.470.170.610.240.460.250.110.570.330.62-0.130.54
-0.24-0.12-0.05-0.04-0.04-0.19-0.320.50.49-0.280.710.60.90.25-0.460.46-0.120.660.360.330.22-0.080.08
0.080.190.22-0.18-0.18-0.24-0.66-0.04-0.030.390.250.240.20.80.210.74-0.090.360.150.620.22-0.850.8
0.08-0.15-0.210.30.290.330.180.20.2-0.67-0.030.04-0.16-0.58-0.05-0.640.22-0.380.25-0.13-0.08-0.85-0.71
0.280.180.2-0.16-0.16-0.14-0.47-0.13-0.120.380.120.10.110.61-0.060.590.090.34-0.020.540.080.8-0.71
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MetLife Account Relationship Matchups

MetLife income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization630M619M694M673M718M478.0M
Interest Expense955M913M920M938M1.0B795.6M
Selling General Administrative6.6B5.8B5.8B5.9B6.2B5.8B
Total Revenue69.6B67.8B71.1B69.9B66.4B52.8B
Gross Profit69.6B67.8B71.1B69.9B65.9B52.8B
Other Operating Expenses62.8B60.9B63.0B67.0B66.9B51.3B
Operating Income4.9B5.1B5.5B3.1B66.9B70.2B
Ebit4.9B7.8B9.4B7.3B3.2B4.9B
Ebitda5.6B8.5B10.1B8.0B3.9B5.4B
Total Operating Expenses(64.7B)(62.8B)(65.6B)67.0B66.4B69.7B
Income Before Tax6.8B6.9B8.1B2.9B2.2B2.1B
Net Income5.9B5.4B6.9B2.4B1.6B1.5B
Income Tax Expense886M1.5B1.6B301M560M532M
Total Other Income Expense Net1.9B(60.9B)2.6B(62.4B)(64.7B)(61.5B)
Cost Of Revenue45.2B47.9B49.1B494M444.6M422.4M
Net Income Applicable To Common Shares5.7B5.2B6.4B2.4B2.7B3.8B
Net Income From Continuing Ops5.9B5.4B6.6B2.6B(175M)(166.3M)
Preferred Stock And Other Adjustments178M216M201M185M212.8M165.1M
Tax Provision886M1.5B1.6B301M(83M)(78.9M)
Interest Income955M913M920M938M844.2M830.2M
Net Interest Income(955M)(913M)(920M)(938M)(1.0B)(1.1B)
Reconciled Depreciation630M619M694M673M718M543.7M

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Additional Tools for MetLife Stock Analysis

When running MetLife's price analysis, check to measure MetLife's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MetLife is operating at the current time. Most of MetLife's value examination focuses on studying past and present price action to predict the probability of MetLife's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetLife's price. Additionally, you may evaluate how the addition of MetLife to your portfolios can decrease your overall portfolio volatility.