Filing Flows › Metlife (MET) › Q1 2025
Metlife (MET) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Metlife (MET) reported revenue of $18.6B for the first quarter 2025 (Q1 2025), +16% from a year earlier and -0.5% from the quarter before. Operating margin was 7.6%, net earnings $950M (5.1% of revenue).
Metlife, Q1 2025: revenue $18.6B (+16% year over year), operating margin 7.6%, net earnings $950M, operating cash flow $4.3B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.6B | -0.5% | +16% |
| Operating profit | $1.4B | -5% | +1% |
| Net earnings | $950M | -25% | +9% |
| Operating cash flow | $4.3B | -8% | +83% |
What changed
Revenue was $18.6B in Q1 2025, up 16% year over year and down 1% from the previous quarter.
Operating profit was $1.4B, a 7.6% margin (down 1.1 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 9% margin then. Total costs grew 17% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $0.94B, up 9% year over year. The effective tax rate was 29.8%.
Operating cash flow was $4.3B (up 83% year over year), 449% of net earnings. Non-cash charges added back $0.03B of depreciation. Working capital and other items added $3.3B.
Questions
What was Metlife's revenue in the first quarter 2025?
Metlife (MET) reported revenue of $18.6B for the first quarter 2025 (Q1 2025), +16% from a year earlier and -0.5% from the quarter before.
Was Metlife profitable in the first quarter 2025?
Operating profit was $1.4B (7.6% of revenue) and net earnings $950M.
Source: Metlife 10-Q on SEC EDGAR.