NYSE$MET

Metlife Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

MetLife reported Q3 2025 total revenues of $17.4B with net income available to common shareholders of $818M.

Total revenues were $17.4 billion with net income available to common shareholders of $818 million versus $1.28 billion a year ago. Adjusted earnings and investment spreads remained central to the life and retirement franchise narrative.

  • Q3 total revenues $17.4B.
  • Net income available to common $818M.
  • Net investment income $6.1B in the quarter.
  • Group Benefits and Retirement Solutions mix drove results.

Headline financials

Total Revenue

$17.4B

Previous: $18.4B-5.9%
EPS (adj)

$1.16

Previous: $1.81-35.9%
Return on Equity

13.1%

Previous: 20.2%-35.1%
Adjusted ROE

16.9%

Previous: 14.6%+15.8%
Free Cash Flow

$896M

Previous: $1.34B-33.2%
Net Income

$896M

Previous: $1.34B-33.2%
Operating Income

$1.65B

Previous: -$2.54B+164.9%
Gross Profit

$2.34B

Previous: $3.91B-40.2%
Cash & Equivalents

$20.2B

Previous: $21.8B-7.0%
Total Assets

$720B

Previous: $705B+2.1%

Revenue & EPS history

MetLife · Revenue · Quarterly

$17.4B

Q3 2025-5.9%vs Q3 2024
Beat estimate in 3 of 15 quarters(20%)
ActualEstimate

Revenue by segment

MetLife · $3.82B total across 3 segments · Q3 2023

  • Asia
    $1.74B
  • Latin America
    $1.48B
  • EMEA
    $588M

Forward guidance

The filing discusses MetLife's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • MetLife cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.3%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+2.0%

Avg return

30 days after

58%

42 / 73 earnings

Positive

+6.7%

Q2 2013

Best reaction

-11.3%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%-3.0%+5.6%
Q4 2025-3.4%-0.1%-7.9%
Q3 2025-3.5%-1.1%-0.0%
Q2 2025+3.3%+4.8%+7.7%
Q1 2025+0.5%+1.4%+4.3%
Q4 2024-1.6%-2.2%-3.2%
Q3 2024-5.3%-5.2%+6.5%
Q2 2024-1.3%-11.5%+1.0%
Q1 2024-1.2%+0.2%+1.8%
Q4 2023-7.7%-7.1%-1.5%
Q3 2023+0.0%+0.7%+6.2%
Q2 2023+2.5%+2.2%+2.4%
Q1 2023-9.0%-9.7%-10.9%
Q4 2022-4.0%-4.0%-3.7%
Q3 2022-1.1%-0.0%+4.0%
Q2 2022+2.9%+1.5%+4.9%
Q1 2022+1.3%-1.5%-0.7%
Q4 2021-0.5%+1.1%-6.0%
Q3 2021+0.3%+0.1%-6.7%
Q2 2021+0.9%+3.7%+5.0%
Q1 2021+4.1%+3.4%+3.5%
Q4 2020+6.1%+10.7%+22.0%
Q3 2020+2.9%+12.4%+21.3%
Q2 2020+0.2%+7.8%+6.1%
Q1 2020+0.5%-0.9%+18.9%
Q4 2019+3.3%+3.3%-22.0%
Q3 2019+0.2%+1.9%+6.9%
Q2 2019-3.4%-8.9%-11.4%
Q1 2019+2.8%+3.2%+0.2%
Q4 2018-3.7%-4.2%-2.3%
Q3 2018+5.9%+8.3%+8.4%
Q2 2018+1.0%+0.4%+0.3%
Q1 2018-5.6%-0.7%-1.4%
Q4 2017+4.7%+4.5%+5.2%
Q3 2017+4.0%+1.4%+0.1%
Q2 2017-4.0%-2.3%-3.7%
Q1 2017+1.2%+2.0%-1.1%
Q4 2016-5.4%-4.6%+0.8%
Q3 2016+0.6%+2.5%+19.0%
Q2 2016-6.3%-1.8%+2.5%
Q1 2016-4.4%
Q4 2015-7.1%
Q3 2015-2.9%
Q2 2015+1.0%
Q1 2015-0.1%
Q4 2014+0.6%
Q3 2014+1.7%
Q2 2014-2.8%
Q1 2014-0.5%
Q4 2013+0.5%
Q3 2013-3.8%
Q2 2013+6.7%
Q1 2013+2.5%
Q4 2012-1.2%
Q4 2011-8.6%
Q3 2012+0.7%
Q2 2012+3.0%
Q1 2012+1.7%
Q3 2011-3.2%
Q2 2011-11.3%
Q1 2011+0.9%
Q4 2010+2.5%
Q3 2010+1.8%
Q2 2010-0.9%
Q1 2009-5.2%
Q1 2010+2.7%
Q4 2007+1.9%
Q4 2008+1.9%
Q4 2009+1.9%
Q3 2009+1.0%
Q3 2008+1.0%
Q2 2008+3.9%
Q2 2009+3.9%

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