Metlife (MET) Gross Margin (2009 - 2026)
Metlife's (MET) quarterly Gross Margin came in at 2.11% in Q1 2026, down 3431.0% year-on-year from 0.06% in Q1 2025, and down 92.85% quarter-over-quarter from 29.55% in Q4 2025.
Metlife (MET) Gross Margin (2009 - 2026) Analysis & Trends
Metlife's Gross Margin history runs 18 years deep, the most recent figure standing at 2.11% for Q1 2026.
- On a quarterly basis, Gross Margin fell 3431.0% year-over-year to 2.11% in Q1 2026; TTM through Mar 2026 was 29.53%, a 4213.0% increase from a year earlier, with the FY2025 full-year figure at 35.5%, up 3502.0% from the prior year.
- Gross Margin eased to 2.11% in Q1 2026 per MET's latest filing, from 29.55% in the prior quarter.
- Across five years, Gross Margin topped out at 270.47% in Q4 2024 and bottomed at 2.95% in Q1 2023.
- The 5-year median for Gross Margin is 28.96% (2023), against an average of 37.66%.
- Across the five-year window, Gross Margin jumped 23237 bps in 2024 and slumped 24091 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 41.6% in 2022, then decreased by 8 bps to 38.1% in 2023, then jumped by 610 bps to 270.47% in 2024, then slumped by 89 bps to 29.55% in 2025, then plunged by 93 bps to 2.11% in 2026.
- Per Business Quant, the three latest MET Gross Margin figures stand at 2.11% (Q1 2026), 29.55% (Q4 2025), and 40.27% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prudential | 75.05 Bn | 67.97 Bn | - | - |
| 2 | Aflac | 63.80 Bn | 58.14 Bn | 2.51 Bn | 57.85% |
| 3 | Metlife | 60.34 Bn | 44.39 Bn | 256.00 Mn | 2.11% |
| 4 | Manulife Financial | 52.65 Bn | 53.78 Bn | - | - |
| 5 | Unum | 14.19 Bn | 4.23 Bn | 1.40 Bn | 41.71% |
| 6 | Primerica | 9.76 Bn | 9.08 Bn | 770.81 Mn | 88.33% |
| 7 | Jackson Financial | 8.17 Bn | 3.03 Bn | - | - |
| 8 | Lincoln National | 7.81 Bn | -1.09 Bn | 3.25 Bn | 61.27% |
| 9 | F&G Annuities & Life | 3.87 Bn | 1.67 Bn | 1.15 Bn | 97.22% |
| 10 | Genworth Financial | 3.84 Bn | 2.75 Bn | 553.00 Mn | 31.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.11% |
| Dec 31, 2025 | 29.55% |
| Sep 30, 2025 | 40.27% |
| Jun 30, 2025 | 37.91% |
| Mar 31, 2025 | 36.42% |
| Dec 31, 2024 | 270.47% |
| Sep 30, 2024 | 42.53% |
| Jun 30, 2024 | 1.23% |
| Mar 31, 2024 | -0.21% |
| Dec 31, 2023 | 38.10% |
| Sep 30, 2023 | 0.89% |
| Jun 30, 2023 | 28.96% |
| Mar 31, 2023 | -2.95% |
| Dec 31, 2022 | 41.60% |
| Sep 30, 2022 | 21.00% |
| Jun 30, 2022 | 24.94% |
| Mar 31, 2022 | 27.47% |
| Dec 31, 2021 | 67.10% |
| Sep 30, 2021 | -6.85% |
| Jun 30, 2021 | -2.99% |