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MetLife Net Income

: $5,407 Mil (TTM As of Dec. 2020)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. MetLife's net income for the three months ended in Dec. 2020 was $158 Mil. Its net income for the trailing twelve months (TTM) ended in Dec. 2020 was $5,407 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. MetLife's Earnings per Share (Diluted) for the three months ended in Dec. 2020 was $0.14.

MetLife Net Income Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

MetLife Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 850.00 4,010.00 5,123.00 5,899.00 5,407.00

MetLife Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 593.00 4,398.00 145.00 706.00 158.00

MetLife Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

MetLife's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6927+-1509+0+-11
=5,407

MetLife's Net Income for the quarter that ended in Dec. 2020 is calculated as

Net Income(Q: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=164+-6+0+0
=158

Net Income for the trailing twelve months (TTM) ended in Dec. 2020 was 4398 (Mar. 2020 ) + 145 (Jun. 2020 ) + 706 (Sep. 2020 ) + 158 (Dec. 2020 ) = $5,407 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

MetLife  (NYSE:MET) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

MetLife's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2020 is calculated as

Earnings per Share (Diluted) (Q: Dec. 2020 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(158-34)/906.000
=0.14

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

MetLife Net Income Related Terms

MetLife Net Income Headlines

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