Metlife MET
NYSE MET
$96.42 +0.72 (+0.76%)
As of: Sep 10, 2026 · 10:18 AM EDT

Metlife (MET) Gross Margin (2009 - 2026)

Metlife (MET) posted Gross Margin of 40.82% for Q2 2026, up 7.99% on a QoQ basis from 37.8% in Q1 2026, and up 292.0% year-over-year from 10.41% in Q2 2025.

Analysis

Metlife (MET) Gross Margin (2009 - 2026) Analysis & Trends

Metlife has reported Gross Margin for 18 years, with the latest figure at 40.82% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 292.0% year-over-year to 40.82% in Q2 2026; TTM through Jun 2026 was 36.6%, a 76.0% decrease from a year earlier, with the FY2025 full-year figure at 35.5%, down 149.0% from the prior year.
  • Gross Margin was 40.82% for Q2 2026 at Metlife, up from 37.8% in the prior quarter.
  • The five-year high for Gross Margin was 42.53% in Q3 2024, with the low at 21.0% in Q3 2022.
  • Average Gross Margin over 5 years is 34.36%, with a median of 36.13% recorded in 2023.
  • The largest YoY upside for Gross Margin was 1552 bps in 2022 against a maximum downside of 2429 bps in 2022.
  • Over 5 years, Gross Margin stood at 41.6% in 2022, then slipped by 8 bps to 38.1% in 2023, then dropped by 14 bps to 32.65% in 2024, then decreased by 9 bps to 29.55% in 2025, then jumped by 38 bps to 40.82% in 2026.
  • The last three Gross Margin figures came in at 40.82% (Q2 2026), 37.8% (Q1 2026), and 29.55% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Metlife 61.83 Bn 34.51 Bn 7.82 Bn 40.82%
2 Manulife Financial 24.69 Bn 25.90 Bn - -
3 Equitable Holdings 14.51 Bn -4.42 Bn 1.22 Bn 73.76%
4 Jackson Financial 9.61 Bn 3.63 Bn - -
5 Corebridge Financial 9.32 Bn -296.30 Bn 2.79 Bn 71.38%
6 Primerica 9.02 Bn 8.38 Bn 717.74 Mn 82.97%
7 Sun Life Financial 8.56 Bn 3.96 Bn - -
8 Brookfield Wealth Solutions 8.51 Bn -4.27 Bn 1.92 Bn 45.41%
9 Lincoln National 8.41 Bn -3.27 Bn 2.62 Bn 57.73%
10 Prudential Financial 5.18 Bn -26.74 Bn 7.91 Bn 50.51%
Historic Data

Historic Data

Download Data
DateValue
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%