MetLife (WBO:METL) Tax Rate % : 34.75% (As of Dec. 2023)

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What is MetLife Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MetLife's Tax Expense for the three months ended in Dec. 2023 was €300 Mil. MetLife's Pre-Tax Income for the three months ended in Dec. 2023 was €863 Mil. Therefore, MetLife's Tax Rate % for the quarter that ended in Dec. 2023 was 34.75%.

MetLife Tax Rate % Historical Data

The historical data trend for MetLife's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MetLife Tax Rate % Chart

MetLife Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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13.04

21.78

19.28

16.69

25.90

MetLife Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															21.96	66.93	5.12	7.30	34.75

MetLife Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

MetLife's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	513.52	/	1982.554
	=	25.90 %

MetLife's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	299.859	/	862.897
	=	34.75 %

MetLife Tax Rate % Related Terms

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MetLife (WBO:METL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MetLife Inc (WBO:METL) » Definitions » Tax Rate %

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Address

200 Park Avenue, New York, NY, USA, 10166-0188

Website

https://www.metlife.com

MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

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