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  • Rank40
  • Previous Rank34
  • CEO
    Steven A. Kandarian
  • Address
    200 Park Ave., New York, NY 10166
  • Website
    www.metlife.com

Derivatives still haunt some companies, including the insurance giant Metlife. The company posted an 81% drop in profits in 2012, thanks to large losses in derivatives, investments that are meant to offset Metlife’s exposure to low interest rates. Excluding investment losses, the company fared well for the year, exceeding Wall Street’s expectations by posting a 22% gain in operating profit. It rewarded its CEO handsomely for the efforts — Steven Kandarian got a 40% bigger bonus.

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Key Financials

$ Millions% change
Revenues68,224-3.4
Profits
1324.00
-81
Assets836,781-
Total Shareholder Equity64,453-
Market Value (on March 29, 2013)41,578.3-

Profit as a % of

Profit Percent Sales41,578.3
Profit Percent Assets0.2
Profit Percent Shareholder Equity2.1

Earnings Per Share

Earnings Per Share1.12
EPS % Change (from 2012)-82.2
EPS Change (5 year)-27.2
EPS Change (10 year)-6.5

Total Return to Investors

Total Return to Investors8.1
Total Return to Investors (5 year)-9.8
Total Return to Investors (10 year)
3.60