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
Download Data
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% |