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  • Previous Rank104
  • Revenues ($M)$63,476
  • Revenue Percent Change-9.3%
  • Profits ($M)$800
  • Profits Percent Change-84.9%
  • Assets ($M)$898,764
  • Employees58,000

The “systematically important” global insurer (and one of the largest institutional investors in the U.S. with a $518 billion portfolio) has had a mixed year with a stock price chart to match. During the year the company announced that it would spin off its Brighthouse Financial business, which sells life insurance and annuities to individuals, leaving MetLife to focus on U.S. employee benefits and overseas businesses. The move would give the parent company a cash infusion and distance it from trouble at the unit, which have been exacerbated by low interest rates.

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Company Information

CEO
Steven A. Kandarian
Sector
Financials
Industry
Insurance: Life, Health (stock)
HQ Location
New York, NY
Websitehttp://www.metlife.com
Years on Global 500 List23
Employees58,000

MetLife Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$63,476-9.3%
Profits ($M)$800-84.9%
Assets ($M)$898,764-
Total Stockholder Equity ($M)$67,309-

Profit Ratios

Profit as % of Revenues1.3%
Profits as % of Assets0.1%
Profits as % of Stockholder Equity1.2%