MetLifeMET +3.28%76 Return-on-Tangible-Equity is 25.94% as of Mar. 2026, which is 133% above its 10-year median of 11.15. GuruFocus rates MET with a GF Score™ of 76/100 and a GF Value™ of $89.97 (Fairly Valued). The stock has 8 warning signs investors should review. Among 500 Insurance companies, MetLife ranks better than 66.2% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. MetLife's annualized net income for the quarter that ended in Mar. 2026 was $4,740 Mil. MetLife's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $18,272 Mil. Therefore, MetLife's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.94%.
The historical rank and industry rank for MetLife's Return-on-Tangible-Equity or its related term are showing as below:
MET'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.46 Med: 11.15 Max: 22.51
Current: 19.38
During the past 13 years, MetLife's highest Return-on-Tangible-Equity was 22.51%. The lowest was 1.46%. And the median was 11.15%.
MET's Return-on-Tangible-Equity is ranked better than 66.2% of 500
companies
in the Insurance industry
Industry Median: 13.515
vs MET: 19.38
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
MetLife Return-on-Tangible-Equity Related Terms
MetLife Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MetLife's Return-on-Tangible-Equity 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.
MET vs AFL, PRU, UNM: Return-on-Tangible-Equity Comparison
For the Insurance - Life subindustry, MetLife's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MetLife Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, MetLife's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MetLife's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 25.94% mean?
MetLife (MET) has a Return-on-Tangible-Equity of 25.94% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on MetLife and its competitors. This is 133% above median its historical median of 11.15. Over the past decade, MetLife's Return-on-Tangible-Equity has ranged from 1.46 to 22.51. According to the industry distribution chart, MetLife ranks #169 out of 500 companies in the Insurance industry, placing it in the top 33.8%.
Is MetLife's Return-on-Tangible-Equity too high?
MetLife's current Return-on-Tangible-Equity of 25.94% is 133% above median its 10-year median of 11.15. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 22.51. The Insurance industry median Return-on-Tangible-Equity is 13.52. MetLife's value of 25.94% is 91.9% above this industry median. Based on the distribution chart, MetLife ranks #169 out of 500 companies in the Insurance industry, which is above the industry midpoint. Overall, MetLife has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MetLife's Return-on-Tangible-Equity compare to AFL and PRU?
According to the Insurance industry distribution chart, MetLife ranks #169 out of 500 companies for Return-on-Tangible-Equity. This puts MetLife in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.52. MetLife's value of 25.94% is 91.9% above this benchmark. Historically, MetLife's own Return-on-Tangible-Equity has ranged from 1.46 to 22.51 over the past decade. While the company's 10-year median is 11.15 vs. the industry median of 13.52, MetLife has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MetLife's current Return-on-Tangible-Equity of 25.94% is 91.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on MetLife and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetLife's current Return-on-Tangible-Equity is 25.94%, which is 133% above median its own 10-year median of 11.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetLife stock overvalued right now?
Based on GuruFocus' analysis, MetLife (MET) is currently considered Fairly Valued. The stock's GF Value™ is $89.97, compared to a current price of $90.06 — trading 0.1% above its estimated fair value. The current Return-on-Tangible-Equity is 25.94%, which is 133% above median its 10-year median of 11.15 and 91.9% above the Insurance industry median of 13.52. MetLife's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For MetLife (MET), the current Return-on-Tangible-Equity is 25.94% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MetLife (MET) Overvalued in 2026?
Based on GuruFocus' analysis, MetLife stock appears to be overvalued.
The current stock price of $90.06 is trading 0.1% above its estimated GF Value™ of $89.97.
GuruFocus considers MetLife to be Fairly Valued.
Key valuation signals for MET:
Return-on-Tangible-Equity: 25.94% (133% above median its 10-year median of 11.15)
GF Value™: $89.97 vs. price of $90.06 (0.1% above fair value)
Industry Position: 91.9% above the Insurance median (#169 of 500)
No single metric tells the full story. See the MET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MetLife is one of the largest life insurers in the US by assets and provides a variety of life insurance and annuity products. It is organized into six segments: Group Benefits, Retirement and Income Solutions, Asia, Latin America, Europe/Middle East/Africa (EMEA), and MetLife Holdings (products in run-off). Group Benefits and RIS are US-based, contributing to around 48% of the firm's 2024 adjusted earnings. The Asia segment contributes around 25% of earnings, mainly tied to Japan. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of 2024 earnings. The EMEA and MetLife Holdings segments contributed around 4% and 10% of 2024 earnings, respectively.
76GF Score
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