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Revenue breakdown by Products & Services
Revenue breakdown by Geography

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.

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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.
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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.

  • Administrative Service revenue increased 100% ($273.00 M) from $0.00 (in 2023) to $273.00 M (in 2024).
  • Asia revenue decreased -100% ($10.93 B) from $10.93 B (in 2023) to $0.00 (in 2024).
  • Corporate & Other revenue decreased -100% ($808.00 M) from $808.00 M (in 2023) to $0.00 (in 2024).
  • Distribution Service revenue increased 100% ($151.00 M) from $0.00 (in 2023) to $151.00 M (in 2024).
  • EMEA revenue decreased -100% ($2.54 B) from $2.54 B (in 2023) to $0.00 (in 2024).
  • Fee-based investment management services revenue increased 100% ($394.00 M) from $0.00 (in 2023) to $394.00 M (in 2024).
  • Group Benefits revenue decreased -100% ($25.23 B) from $25.23 B (in 2023) to $0.00 (in 2024).
  • Latin America revenue decreased -100% ($7.37 B) from $7.37 B (in 2023) to $0.00 (in 2024).
  • MetLife Holdings revenue decreased -100% ($8.20 B) from $8.20 B (in 2023) to $0.00 (in 2024).
  • Other revenue from service contracts from customers revenue increased 100% ($319.00 M) from $0.00 (in 2023) to $319.00 M (in 2024).
  • Prepaid legal plans and administrative-only contracts revenue increased 100% ($572.00 M) from $0.00 (in 2023) to $572.00 M (in 2024).
  • Reconciling Items revenue decreased -100% ($4.81 B) from -$4.81 B (in 2023) to $0.00 (in 2024).
  • Retirement and Income Solutions revenue decreased -100% ($16.64 B) from $16.64 B (in 2023) to $0.00 (in 2024).
  • Vision fee for service arrangements revenue increased 100% ($536.00 M) from $0.00 (in 2023) to $536.00 M (in 2024).
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    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%