F500 2019-MetLife
The MetLife insurance building is seen in Warsaw, Poland on March 11, 2018. MetLife is the holding company for the US based Metropolitan Life Insurance company which services over 60 million customers in around 90 countries. (Photo by Jaap Arriens/NurPhoto via Getty Images)Jaap Arriens—NurPhoto via Getty Images
  • Previous Rank
  • Revenues ($M)
  • Revenue Percent Change
  • Profits ($M)
  • Profits Percent Change
  • Assets ($M)
  • Employees

Longtime MetLife exec Michel Khalaf succeeded Steven Kandarian as the insurer's CEO on May 1 of 2019. Khalaf, who was most recently president, U.S. Business and EMEA, is expected to bring his global experience to bear as he continues Kandarian’s work on de-risking the business. MetLife’s revenues climbed nearly 3% to $67.9 billion last year, while its profits jumped almost 28%. The insurer is still recovering from its 2017 disclosure that it failed to pay out owed pension payments, news that affected public perception more than its stock price.

Company Info

CEOMichel A. Khalaf
CEO TitleChief Executive Officer & Director
IndustryInsurance: Life, Health (stock)
HQ LocationNew York, N.Y.
Years on Fortune 500 List25

Key Financials (Last Fiscal Year)

Revenues ($M)$67,941
Profits ($M)$5,123
Assets ($M)$687,538
Total Stockholder Equity ($M)$52,741

Profit Ratios

Profit as % of Revenues7.5%
Profits as % of Assets0.7%
Profits as % of Stockholder Equity9.7%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)491
EPS % Change (from 2017)35.6%
EPS % Change (5 year annual rate)11.0%
EPS % Change (10 year annual rate)1.7%

Total Return

Total Return to Investors (2018)-15.7%
Total Return to Investors (5 year, annualized)-0.1%
Total Return to Investors (10 year, annualized)5.5%