Metlife (MET) Current Taxes (2010 - 2024)
Metlife's (MET) quarterly Current Taxes came in at $10.0 million in Q1 2024, down 98.19% year-on-year from $554.0 million in Q2 2023, and down 83.05% quarter-over-quarter from $59.0 million in Q3 2023.
Metlife (MET) 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.
- On a quarterly basis, Current Taxes fell 98.19% year-over-year to $10.0 million in Q1 2024; TTM through Mar 2024 was $10.0 million, a 98.19% decrease from a year earlier, with the FY2020 full-year figure at $129.0 million, down 64.46% from the prior year.
- Current Taxes slipped to $10.0 million in Q1 2024 per MET's latest filing, from $59.0 million in the prior quarter.
- Across five years, Current Taxes topped out at $928.0 million in Q2 2020 and bottomed at $10.0 million in Q1 2024.
- The 4-year median for Current Taxes is $341.5 million (2020), against an average of $391.1 million.
- Across the five-year window, Current Taxes jumped 1958.06% in 2020 and tumbled 98.19% in 2024, its largest moves.
- Year by year, Current Taxes stood at $129.0 million in 2020, then retreated by 20.16% to $103.0 million in 2021, then plunged by 42.72% to $59.0 million in 2023, then slumped by 83.05% to $10.0 million in 2024.
- Per Business Quant, the three latest MET Current Taxes figures stand at $10.0 million (Q1 2024), $59.0 million (Q3 2023), and $554.0 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Prudential | 75.05 Bn | 67.97 Bn | - | 273.00 Mn |
| 2 | Aflac | 63.80 Bn | 58.14 Bn | 2.51 Bn | 1.75 Bn |
| 3 | Metlife | 60.34 Bn | 44.39 Bn | 256.00 Mn | - |
| 4 | Manulife Financial | 52.65 Bn | 53.78 Bn | - | - |
| 5 | Unum | 14.19 Bn | 4.23 Bn | 1.40 Bn | 87.60 Mn |
| 6 | Primerica | 9.76 Bn | 9.08 Bn | 770.81 Mn | 66.81 Mn |
| 7 | Jackson Financial | 8.17 Bn | 3.03 Bn | - | - |
| 8 | Lincoln National | 7.81 Bn | -1.09 Bn | 3.25 Bn | - |
| 9 | F&G Annuities & Life | 3.87 Bn | 1.67 Bn | 1.15 Bn | - |
| 10 | Genworth Financial | 3.84 Bn | 2.75 Bn | 553.00 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 |