Metlife (MET) Gross Margin (2009 - 2026)
Metlife's Gross Margin came in at 40.82% for Q2 2026, up 2.92 percentage points from 37.91% a year earlier and up 3.02 percentage points from the prior quarter.
Metlife (MET) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Metlife reported Gross Margin of 36.60%, down 0.76 percentage points year-over-year; for FY2025, it was 35.50%, down 1.49 percentage points from FY2024.
- Gross Margin carries a five-year change of -3.38 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 36.99% in FY2024 (+3.64 pp), 33.35% in FY2023 (+5.34 pp), 28.01% in FY2022 (-9.22 pp) and 37.23% in FY2021 (-1.65 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q3 2024.
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +0.96 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 15.52 percentage points), and the weakest in Q2 2022 (a drop of 24.29 percentage points).
- Business Quant data shows MET's Gross Margin at 37.80% (Q1 2026), 29.55% (Q4 2025) and 40.27% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | - |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | - |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | 40.82% |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | - |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | - |
| 10 | Allstate | 57.25 Bn | 18.50 Bn | 8.73 Bn | 46.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.82% |
| Mar 31, 2026 | 37.80% |
| Dec 31, 2025 | 29.55% |
| Sep 30, 2025 | 40.27% |
| Jun 30, 2025 | 37.91% |
| Mar 31, 2025 | 36.42% |
| Dec 31, 2024 | 32.65% |
| Sep 30, 2024 | 42.53% |
| Jun 30, 2024 | 35.56% |
| Mar 31, 2024 | 37.26% |
| Dec 31, 2023 | 38.10% |
| Sep 30, 2023 | 29.85% |
| Jun 30, 2023 | 28.96% |
| Mar 31, 2023 | 35.85% |
| Dec 31, 2022 | 41.60% |
| Sep 30, 2022 | 21.00% |
| Jun 30, 2022 | 24.94% |
| Mar 31, 2022 | 27.47% |
| Dec 31, 2021 | 26.08% |
| Sep 30, 2021 | 40.24% |
Metlife Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();