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  • Previous Rank
    128
  • Revenues ($M)
    $66,153
  • Revenue Percent Change
    4.2%
  • Profits ($M)
    $4,010.00
  • Profits Percent Change
    401.3%
  • Assets ($M)
    $719,892.00
  • Employees
    49,000

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.

Company Information

CEO
Steven A. Kandarian
Sector
Financials
Industry
Insurance: Life, Health (stock)
HQ Location
New York City
Websitehttp://www.metlife.com
Years on Global 500 List24
Employees49,000

MetLife Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$66,1534.2%
Profits ($M)$4,010.00401.3%
Assets ($M)$719,892.00-
Total Stockholder Equity ($M)$58,676.00-

Profit Ratios

Profit as % of Revenues6.1%
Profits as % of Assets0.6%
Profits as % of Stockholder Equity6.8%