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Fortune 500

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43

MetLife

MET

On paper, life insurer MetLife had a strong 2017. Its net income rose to $3.6 billion compared with $627 million the previous year. But that number came with some serious caveats — including a kerfuffle over missing pension payments that may have affected tens of thousands of retirees and led the company to increase its reserves. CEO Steven A. Kandarian called the shortcomings “unacceptable and deeply disappointing” earlier this year, and said MetLife “can and will do better.” MetLife also completed a major spinoff of its Brighthouse unit last year, aiming to simplify its offerings.

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CEO

Steven A. Kandarian

CEO Title

Chairman, President & Chief Executive Officer

Sector

Financials

Industry

Insurance: Life, Health (stock)

HQ Location

New York City

Years on Fortune 500 List

24

Employees

49,000

Includes revenues from discontinued operations.
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$66,1534.2%
Profits ($M)$4,010.0401.3%
Assets ($M)$719,892
Total Stockholder Equity ($M)$58,676
Market Value — as of March 29, 2018 ($M)$47,572
Profit Ratios
Profit as % of Revenues6.1%
Profits as % of Assets0.6%
Profits as % of Stockholder Equity6.8%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)3.62
EPS % Change (from 2016)474.6%
EPS % Change (5 year annual rate)26.4%
EPS % Change (10 year annual rate)-4.1%
Total Return
Total Return to Investors (2017)8.1%
Total Return to Investors (5 year, annualized)14.6%
Total Return to Investors (10 year, annualized)1.6%
STOCK QUOTE
()0.00 0.00 (0)
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  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

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