Metlife MET
NYSE MET
$95.70 +0.20 (+0.21%)
As of: Sep 9, 2026 · 3:59 PM EDT

Metlife (MET) Operating Expenses (2009 - 2026)

Metlife (MET) posted Operating Expenses of $18.1 billion for Q2 2026, up 3.14% on a QoQ basis from $17.6 billion in Q1 2026, and up 10.75% year-over-year from $16.4 billion in Q2 2025.

Analysis

Metlife (MET) Operating Expenses (2009 - 2026) Analysis & Trends

Metlife has reported Operating Expenses for 18 years, with the latest figure at $18.1 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 10.75% year-over-year to $18.1 billion in Q2 2026; TTM through Jun 2026 was $74.5 billion, a 10.74% increase from a year earlier, with the FY2025 full-year figure at $72.4 billion, up 10.8% from the prior year.
  • Operating Expenses was $18.1 billion for Q2 2026 at Metlife, up from $17.6 billion in the prior quarter.
  • The five-year high for Operating Expenses was $22.7 billion in Q4 2025, with the low at $13.5 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $16.7 billion, with a median of $16.4 billion recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 135720.0% in 2022, then retreated 26.53% in 2023.
  • Over 5 years, Operating Expenses stood at $13.6 billion in 2022, then jumped by 33.17% to $18.1 billion in 2023, then slipped by 4.43% to $17.3 billion in 2024, then jumped by 31.31% to $22.7 billion in 2025, then slipped by 20.17% to $18.1 billion in 2026.
  • The last three Operating Expenses figures came in at $18.1 billion (Q2 2026), $17.6 billion (Q1 2026), and $22.7 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Metlife 62.25 Bn 35.23 Bn 7.82 Bn 18.12 Bn
2 Manulife Financial 24.69 Bn 25.90 Bn - -208.93 Mn
3 Equitable Holdings 14.46 Bn -2.83 Bn 1.22 Bn 2.15 Bn
4 Brookfield Wealth Solutions 13.42 Bn 979.75 Mn 1.92 Bn -558.00 Mn
5 Jackson Financial 9.59 Bn 4.12 Bn - 687.00 Mn
6 Corebridge Financial 9.33 Bn -296.30 Bn 2.79 Bn 3.86 Bn
7 Primerica 9.13 Bn 8.50 Bn 717.74 Mn 606.85 Mn
8 Lincoln National 8.70 Bn -2.98 Bn 2.62 Bn 2.90 Bn
9 Sun Life Financial 8.56 Bn 3.96 Bn - 1.71 Bn
10 Prudential Financial 5.27 Bn -24.00 Bn 7.91 Bn 14.48 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.12 Bn
Mar 31, 2026 17.57 Bn
Dec 31, 2025 22.70 Bn
Sep 30, 2025 16.15 Bn
Jun 30, 2025 16.36 Bn
Mar 31, 2025 17.22 Bn
Dec 31, 2024 17.29 Bn
Sep 30, 2024 16.45 Bn
Jun 30, 2024 16.62 Bn
Mar 31, 2024 15.01 Bn
Dec 31, 2023 18.09 Bn
Sep 30, 2023 15.33 Bn
Jun 30, 2023 16.19 Bn
Mar 31, 2023 15.13 Bn
Dec 31, 2022 13.58 Bn
Sep 30, 2022 20.87 Bn
Jun 30, 2022 14.49 Bn
Mar 31, 2022 13.47 Bn
Dec 31, 2021 10.00 Mn
Sep 30, 2021 14.86 Bn