MetLife Cash Flow Statement
NYSE: METFinanceLife InsuranceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MetLife free cash flow
In fiscal 2025, MetLife generated $17.09 billion of operating cash flow. That left free cash flow of $17.09 billion, a free-cash-flow margin of 22.2% of revenue. Free cash flow was up 17.1% from the prior year's $14.60 billion.
MetLife returned $4.39 billion to shareholders: $1.51 billion in dividends and $2.88 billion in share repurchases, equal to 26% of free cash flow. Free cash flow covered dividend payments 11.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
MetLife cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3.40B | 4.44B | 1.60B | 5.30B | 6.88B | 5.42B | 5.91B | 5.13B | 4.02B | 854.00M |
| Net Income growth (YoY) | -23.42% | +177.40% | -69.78% | -22.89% | +26.91% | -8.31% | +15.23% | +27.56% | +370.73% | -84.14% |
| Depreciation & Amortization | 117.00M | 124.00M | 112.00M | 118.00M | 123.00M | 194.00M | 207.00M | 191.00M | 207.00M | 206.00M |
| Stock-Based Compensation | 131.00M | 168.00M | 171.00M | 184.00M | 173.00M | 127.00M | 150.00M | 86.00M | 128.00M | 147.00M |
| Change in Working Capital | 1.33B | -120.00M | 39.00M | 797.00M | -578.00M | -584.00M | -17.00M | -2.03B | 1.30B | 3.89B |
| Operating Cash Flow | 17.09B | 14.60B | 13.72B | 13.04B | 12.35B | 11.64B | 13.79B | 11.74B | 12.28B | 14.77B |
| Investing Cash Flow | -15.61B | -11.49B | -10.25B | -2.62B | -11.19B | -18.57B | -17.59B | -5.63B | -16.88B | -5.85B |
| Dividends Paid | -1.51B | -1.53B | -1.57B | -1.60B | -1.65B | -1.66B | -1.64B | -1.68B | -1.72B | -1.74B |
| Share Repurchases | -2.88B | -3.21B | -3.10B | -3.33B | -4.30B | -1.15B | -2.29B | -3.99B | -2.93B | -372.00M |
| Debt Issued | 743.00M | 1.57B | 1.99B | 1.01B | 29.00M | 1.12B | 1.38B | 24.00M | 3.66B | 0 |
| Debt Repaid | — | — | — | — | — | — | -906.00M | -1.87B | -1.07B | -1.28B |
| Financing Cash Flow | 163.00M | -3.13B | -2.94B | -9.95B | -1.13B | 10.73B | 4.57B | -2.80B | -906.00M | -3.50B |
| Net Change in Cash | 1.96B | -571.00M | 444.00M | 79.00M | -444.00M | 3.96B | 777.00M | 3.12B | -5.18B | 5.13B |
| Free Cash Flow | 17.09B | 14.60B | 13.72B | 13.04B | 12.35B | 11.64B | 13.79B | 11.74B | 12.28B | 14.77B |
This table shows 10 annual periods of MetLife's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MET's reporting calendar. What is a cash flow statement?