---
schema_version: "secwatch.filing_event.v1"
accession: "0001099219-23-000039"
form_type: "8-K"
ticker: "MET"
cik: "0001099219"
company_name: "METLIFE INC"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:25:04.424513+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MetLife FY22 net income $2.4B ($2.91 EPS), down 63% YoY; adjusted EPS $6.72, down 26%

## Summary
- Full year 2022 adjusted earnings $5.5B ($6.85/share), down 30% from $8.0B ($9.15) in 2021.
- Q4 2022 net income $1.3B ($1.66 EPS), up 12% from $1.2B ($1.39) in Q4 2021.
- Book value per share $29.81 at Dec 31 2022, down 61% YoY; excluding AOCI, $56.34, down 2%.
- Holding company cash $5.4B above $3-4B target; $3.3B share repurchases in FY22; ~$250M in Jan 2023.
- Near-term targets: adjusted ROE target raised to 13-15%; free cash flow ratio 65-75% of adjusted earnings.

## SEC filing metadata
- accession: 0001099219-23-000039
- form_type: 8-K
- ticker: MET
- cik: 0001099219
- company_name: METLIFE INC
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099219/000109921923000039/0001099219-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099219/000109921923000039/met-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099219-23-000039
- JSON: https://secwatch.observer/filing/0001099219-23-000039.json
- Plain text: https://secwatch.observer/filing/0001099219-23-000039.txt

## Key facts
- Earnings Releases
  METLIFE INC reported financial results for quarter ended December 31, 2022.
  - Period: quarter ended December 31, 2022
  - Result: reported results
  source text: On February 1, 2023, MetLife, Inc. issued (i) a news release announcing its results for the quarter and full year ended December 31, 2022 (the "Earnings Release"), a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099219/000109921923000039/0001099219-23-000039-index.htm
- Earnings Releases
  METLIFE INC reported financial results for full year ended December 31, 2022.
  - Period: full year ended December 31, 2022
  - Result: reported results
  source text: On February 1, 2023, MetLife, Inc. issued (i) a news release announcing its results for the quarter and full year ended December 31, 2022 (the "Earnings Release"), a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099219/000109921923000039/0001099219-23-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.