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Dec 31, 2019

MetLife Q4 2019 Earnings Report

MetLife had a solid Q4 2019, capping a strong year with adjusted earnings per share growth and a solid adjusted return on equity.

Key Takeaways

MetLife reported a net income of $536 million for Q4 2019, compared to $2.0 billion in Q4 2018. Adjusted earnings were $1.8 billion, up 37 percent from the prior year. Adjusted earnings per share were $1.98, a 47 percent increase year-over-year.

Net income was $536 million, or $0.58 per share.

Adjusted earnings were $1.8 billion, or $1.98 per share.

Adjusted earnings, excluding total notable items, were $1.4 billion, or $1.53 per share.

Adjusted ROE, excluding AOCI other than FCTA, was 16.4 percent.

Total Revenue
$18.2B
Previous year: $15.4B
+17.9%
EPS
$1.98
Previous year: $1.35
+46.7%
Expense ratio
19.1%
Direct expense ratio
13.7%
Gross Profit
$17.1B
Previous year: $15.7B
+9.5%
Cash and Equivalents
$16.6B
Previous year: $15.8B
+4.9%
Total Assets
$740B
Previous year: $688B
+7.7%

MetLife

MetLife

MetLife Revenue by Segment

Forward Guidance

The document does not contain forward guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income