Metlife (MET-PF) Current Taxes (2010 - 2024)
Metlife (MET-PF) recorded quarterly Current Taxes of $10.0 million in Q1 2024, down 83.05% quarter-over-quarter from $59.0 million in Q3 2023, and down 98.19% on a YoY basis from $554.0 million in Q2 2023.
Metlife (MET-PF) Current Taxes (2010 - 2024) Analysis & Trends
Metlife's Current Taxes history runs 14 years deep, the most recent figure standing at $10.0 million for Q1 2024.
- In Q1 2024, Current Taxes fell 98.19% year-over-year to $10.0 million; the TTM figure through Mar 2024 stood at $10.0 million (down 98.19% YoY), while the FY2020 annual figure was $129.0 million, down 64.46% from the prior year.
- Current Taxes was $10.0 million for Q1 2024 at Metlife, down from $59.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $928.0 million in Q2 2020 to a low of $10.0 million in Q1 2024.
- Historically, Current Taxes has averaged $391.1 million across 4 years, with a median of $341.5 million in 2020.
- The sharpest annual moves came in 2020 and 2024: Current Taxes surged 1958.06% in 2020, then tumbled 98.19% in 2024.
- A 4-year view of Current Taxes shows it stood at $129.0 million in 2020, then retreated by 20.16% to $103.0 million in 2021, then slumped by 42.72% to $59.0 million in 2023, then plunged by 83.05% to $10.0 million in 2024.
- The last three Current Taxes figures came in at $10.0 million (Q1 2024), $59.0 million (Q3 2023), and $554.0 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | - |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 1.75 Bn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | - |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 87.60 Mn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 904.99 Mn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 66.81 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | - |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | - |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | - |
| 10 | Metlife | - | - | 256.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 10.00 Mn |
| Sep 30, 2023 | 59.00 Mn |
| Mar 31, 2023 | 554.00 Mn |
| Sep 30, 2021 | 103.00 Mn |
| Dec 31, 2020 | 129.00 Mn |
| Sep 30, 2020 | 638.00 Mn |
| Jun 30, 2020 | 928.00 Mn |
| Mar 31, 2020 | 708.00 Mn |
| Dec 31, 2019 | 363.00 Mn |
| Sep 30, 2019 | 31.00 Mn |
| Mar 31, 2019 | 505.00 Mn |
| Dec 31, 2018 | 441.00 Mn |
| Sep 30, 2018 | 166.00 Mn |
| Jun 30, 2018 | 222.00 Mn |
| Mar 31, 2018 | 155.00 Mn |
| Dec 31, 2017 | 311.00 Mn |
| Sep 30, 2016 | 151.00 Mn |
| Sep 30, 2015 | 21.00 Mn |
| Jun 30, 2015 | 71.00 Mn |
| Mar 31, 2015 | 243.00 Mn |