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
DateValue
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%