MetLife
MetLife is a leading global insurance provider and issuer of annuities and employee benefit programs. Founded over 150 years ago, MetLife and its subsidiaries and affiliates hold leading market positions in the U.S. and abroad, with a presence in more than 40 countries. The company is the official sponsor of MetLife Stadium in northern New Jersey, which is home to the NFL franchises the New York Jets and the New York Giants. In 2021, as the coronavirus continues to spread rampantly throughout India, the MetLife Foundation announced plans to donate $1.5 million to support relief efforts and help alleviate the strains on India’s health care system.
Mike Coppola—Getty Images
Company Information
As of 6/5/23
Country
U.S.
Headquarters
New York City
Industry
Insurance: Life, Health (stock)
CEO
Michel A. Khalaf
Website
Company Type
Public
Ticker
MET
Revenues ($M)
$69,898
Profits ($M)
$2,539
Market Value ($M)
$44,867
Employees
45,000
Market value as of March 31, 2023.
Best Companies
Rank last year
-
Years on list
1
Employees (as of March 2023)
14,597
Job openings (as of March 2023)
415
Year founded
1864
Benefits
100% health coverage
no
Subsidized childcare
no
Compressed work weeks
did not disclose
Option to work remotely
yes
Minimum requirement in-office attendance (days per week)
3
Percentage of health care premiums covered
80
Mental health coverage
yes
Free mental health sessions (per year)
5
Free backup childcare time off (days)
-
Maximum $ amount covered for fertility services
did not disclose
Fully paid maternal leave (days)
-
Fully paid paternal leave (days)
-
Fully paid adoptive leave (days)
-
Maternal leave in addition to regular time off (days)
did not disclose
Paid days off for volunteering
yes
Diversity
% Women
-
% Minorities
-
% African-American/Black
13%
% Asian
11%
% Caucasian/White
66%
% Hispanic/Latino
8%
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
2%
% Unknown ethnicity
-
America's Most Innovative Companies
Sector
Financials
Culture rank
117
Process rank
199
Product rank
140
World's Most Admired Companies
Sector
Financials
Industry
Insurance: Life and Health
Current All-Star Rank
-
Previous All-Star Rank
-
Industry Rank
3
Previous Industry Rank
5
Overall Score
6.45
Innovation
5
People Management
2
Use of Corporate Assets
5
Social Responsibility
4
Quality of Management
5
Financial Soundness
6
Long-Term Investment Value
2
Quality of Products/Services
6
Global Competitiveness
2
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$71,080
4.8%
Profits ($M)
$6,554
21.2%
Assets ($M)
$759,708
-
Total Stockholder Equity ($M)
$67,482
-
Profit Ratios
Profit as % of Revenues
9.2%
Profits as % of Assets
0.9%
Profits as % of Stockholder Equity
9.7%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
7.31
EPS % Change (from 2020)
28.7%
EPS % Change (5 year annual rate)
63.3%
EPS % Change (10 year annual rate)
1.5%
Total Return
Total Return to Investors (2021)
37.3%
Total Return to Investors (5 year, annualized)
9.3%
Total Return to Investors (10 year, annualized)
11.9%
Lists ranking MetLife
