Metlife (MET) Current Taxes (2010 - 2024)
Metlife (MET) posted Current Taxes of $10.0 million for Q1 2024, down 83.05% on a QoQ basis from $59.0 million in Q3 2023, and down 98.19% year-over-year from $554.0 million in Q2 2023.
Analysis
Metlife (MET) Current Taxes (2010 - 2024) Analysis & Trends
Metlife has reported Current Taxes for 14 years, with the latest figure at $10.0 million in 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 was $10.0 million for Q1 2024 at Metlife, down from $59.0 million in the prior quarter.
- The five-year high for Current Taxes was $928.0 million in Q2 2020, with the low at $10.0 million in Q1 2024.
- Average Current Taxes over 4 years is $391.1 million, with a median of $341.5 million recorded in 2020.
- The sharpest annual moves came in 2020 and 2024: Current Taxes soared 1958.06% in 2020, then slumped 98.19% in 2024.
- Over 4 years, Current Taxes stood at $129.0 million in 2020, then decreased by 20.16% to $103.0 million in 2021, then sank by 42.72% to $59.0 million in 2023, then tumbled 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.16 Bn | 34.84 Bn | 7.82 Bn | - |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | - |
| 3 | Equitable Holdings | 14.62 Bn | -4.31 Bn | 1.22 Bn | - |
| 4 | Jackson Financial | 9.71 Bn | 3.72 Bn | - | - |
| 5 | Corebridge Financial | 9.48 Bn | -296.14 Bn | 2.79 Bn | - |
| 6 | Primerica | 9.02 Bn | 8.38 Bn | 717.74 Mn | 24.91 Mn |
| 7 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | - |
| 8 | Brookfield Wealth Solutions | 8.52 Bn | -4.26 Bn | 1.92 Bn | - |
| 9 | Lincoln National | 8.41 Bn | -3.27 Bn | 2.62 Bn | - |
| 10 | Prudential Financial | 5.23 Bn | -26.69 Bn | 7.91 Bn | - |
Historic Data
Download Data
Historic 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 |