MetLife's Revenue by Segment
In fiscal year 2024, MetLife's revenue by segment (products & services) are as follows:
- Administrative Service: $273.00 M
- Distribution Service: $151.00 M
- Fee-based investment management services: $394.00 M
- Other revenue from service contracts from customers: $319.00 M
- Prepaid legal plans and administrative-only contracts: $572.00 M
- Vision fee for service arrangements: $536.00 M
Learn more about MetLife’s Revenue by Geography
Check out competitors to MetLife in a side-by-side comparison.
Explore additional financial metrics for MetLife.
Asia | 11407000000 |
---|---|
Corporate & Other | 598000000 |
EMEA | 2459000000 |
Latin America | 6033000000 |
MetLife Holdings | 9249000000 |
United States | 45802000000 |
Asia | 10926000000 |
---|---|
Corporate & Other | 808000000 |
EMEA | 2543000000 |
Group Benefits | 25230000000 |
Latin America | 7371000000 |
MetLife Holdings | 8202000000 |
Retirement and Income Solutions | 16635000000 |
Administrative Service | 273000000 |
---|---|
Distribution Service | 151000000 |
Fee-based investment management services | 394000000 |
Other revenue from service contracts from customers | 319000000 |
Prepaid legal plans and administrative-only contracts | 572000000 |
Vision fee for service arrangements | 536000000 |
The above chart shows MetLife's revenue percentage share by segment (products and services).
In fiscal year 2022, MetLife's revenue by segment is as follows:
- Asia generated $11.41 B in revenue, representing 15.1% of its total revenue.
- Corporate & Other generated $598.00 M in revenue, representing 0.79% of its total revenue.
- EMEA generated $2.46 B in revenue, representing 3.25% of its total revenue.
- Latin America generated $6.03 B in revenue, representing 7.99% of its total revenue.
- MetLife Holdings generated $9.25 B in revenue, representing 12.24% of its total revenue.
- United States generated $45.80 B in revenue, representing 60.63% of its total revenue.
The biggest segment for MetLife is the United States, which represents 60.63% of its total revenue.
The smallest segment for MetLife is the Corporate & Other, which represents 0.79% of its total revenue.
The above chart shows MetLife's revenue percentage share by segment (products and services).
In fiscal year 2023, MetLife's revenue by segment is as follows:
- Asia generated $10.93 B in revenue, representing 15.24% of its total revenue.
- Corporate & Other generated $808.00 M in revenue, representing 1.13% of its total revenue.
- EMEA generated $2.54 B in revenue, representing 3.55% of its total revenue.
- Group Benefits generated $25.23 B in revenue, representing 35.18% of its total revenue.
- Latin America generated $7.37 B in revenue, representing 10.28% of its total revenue.
- MetLife Holdings generated $8.20 B in revenue, representing 11.44% of its total revenue.
- Retirement and Income Solutions generated $16.64 B in revenue, representing 23.2% of its total revenue.
The biggest segment for MetLife is the Group Benefits, which represents 35.18% of its total revenue.
The smallest segment for MetLife is the Corporate & Other, which represents 1.13% of its total revenue.
The above chart shows MetLife's revenue percentage share by segment (products and services).
In fiscal year 2024, MetLife's revenue by segment is as follows:
- Administrative Service generated $273.00 M in revenue, representing 12.16% of its total revenue.
- Distribution Service generated $151.00 M in revenue, representing 6.73% of its total revenue.
- Fee-based investment management services generated $394.00 M in revenue, representing 17.55% of its total revenue.
- Other revenue from service contracts from customers generated $319.00 M in revenue, representing 14.21% of its total revenue.
- Prepaid legal plans and administrative-only contracts generated $572.00 M in revenue, representing 25.48% of its total revenue.
- Vision fee for service arrangements generated $536.00 M in revenue, representing 23.88% of its total revenue.
The biggest segment for MetLife is the Prepaid legal plans and administrative-only contracts, which represents 25.48% of its total revenue.
The smallest segment for MetLife is the Distribution Service, which represents 6.73% of its total revenue.
Summary Table
Products & Services (Percent Share) | 2022 | 2023 | 2024 |
---|---|---|---|
United States | 65.53% | - | - |
Corporate & Other | 0.86% | 1.21% | - |
EMEA | 3.52% | 3.8% | - |
Latin America | 8.63% | 11.02% | - |
MetLife Holdings | 13.23% | 12.26% | - |
Asia | 16.32% | 16.33% | - |
Retirement and Income Solutions | - | 24.86% | - |
Group Benefits | - | 37.71% | - |
Administrative Service | - | - | 12.16% |
Vision fee for service arrangements | - | - | 23.88% |
Prepaid legal plans and administrative-only contracts | - | - | 25.48% |
Other revenue from service contracts from customers | - | - | 14.21% |
Fee-based investment management services | - | - | 17.55% |
Distribution Service | - | - | 6.73% |
Total Revenue | 100% | 100% | 100% |
The above chart shows the revenue trend of different segments of MetLife.
In fiscal year 2024, the Prepaid legal plans and administrative-only contracts generated the most revenue ($572.00 M), and the Distribution Service generated the least revenue ($151.00 M).
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
Products & Services | 2022 | 2023 | 2024 |
---|---|---|---|
Administrative Service | - - | - - | $273.00 M - |
Asia | $11.41 B - |
$10.93 B
4.22%
|
- - |
Corporate & Other | $598.00 M - |
$808.00 M
35.12%
|
- - |
Distribution Service | - - | - - | $151.00 M - |
EMEA | $2.46 B - |
$2.54 B
3.42%
|
- - |
Fee-based investment management services | - - | - - | $394.00 M - |
Group Benefits | - - | $25.23 B - | - - |
Latin America | $6.03 B - |
$7.37 B
22.18%
|
- - |
MetLife Holdings | $9.25 B - |
$8.20 B
11.32%
|
- - |
Other revenue from service contracts from customers | - - | - - | $319.00 M - |
Prepaid legal plans and administrative-only contracts | - - | - - | $572.00 M - |
Reconciling Items | -$5.65 B - |
-$4.81 B
14.87%
|
- - |
Retirement and Income Solutions | - - | $16.64 B - | - - |
United States | $45.80 B - | - - | - - |
Vision fee for service arrangements | - - | - - | $536.00 M - |
Total Revenue | $69.90 B - |
$66.91 B
4.28%
|
$2.25 B
96.64%
|