---
schema_version: "secwatch.filing_event.v1"
accession: "0001099219-24-000028"
form_type: "8-K"
ticker: "MET"
cik: "0001099219"
company_name: "METLIFE INC"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T12:52:09.399238+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MetLife Q4 adj. EPS $1.93 beats $1.59; FY adj. EPS $7.33, up 4%; net income down 71%

## Summary
- FY 2023 net income $1.4B ($1.81 EPS), down 71% from FY22; Q4 net income $574M ($0.77 EPS), down 63% YoY.
- FY adjusted earnings $5.5B ($7.25 EPS); Q4 adjusted earnings $1.4B ($1.83 EPS) vs $1.3B ($1.59 EPS).
- FY adjusted earnings ex. notable items $5.6B ($7.33 EPS), up 4% per share; Q4 $1.4B ($1.93 EPS), up 21%.
- Holding company cash $5.2B above $3-4B target; FY23 share repurchases $3.1B; ~$0.5B repurchased in Jan 2024.
- FY24 outlook: VII ~$1.5B; direct expense ratio target lowered to 12.3% from 12.6%; adj. ROE target 13-15%.

## SEC filing metadata
- accession: 0001099219-24-000028
- form_type: 8-K
- ticker: MET
- cik: 0001099219
- company_name: METLIFE INC
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1099219/000109921924000028/0001099219-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099219/000109921924000028/met-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099219-24-000028
- JSON: https://secwatch.observer/filing/0001099219-24-000028.json
- Plain text: https://secwatch.observer/filing/0001099219-24-000028.txt

## Key facts
- Earnings Releases
  METLIFE INC reported the quarter and full year ended December 31, 2023 results: net income Net income of $1.4 billion, compared to net income of $5.1 billion for the full year 2022, EPS Net income of $1.81 per share, down 71 percent from the prior year.
  - Period: the quarter and full year ended December 31, 2023
  - Net income: Net income of $1.4 billion, compared to net income of $5.1 billion for the full year 2022
  - EPS: Net income of $1.81 per share, down 71 percent from the prior year
  - Result: reported results
  source text: On January 31, 2024, MetLife, Inc. issued (i) a news release announcing its results for the quarter and full year ended December 31, 2023 (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/1099219/000109921924000028/0001099219-24-000028-index.htm

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