3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
MetLife's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -2.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for MetLife's 3-Year ROIIC % or its related term are showing as below:
MET's 3-Year ROIIC % is ranked worse than 81.79% of 335
companies
in the Insurance industry
Industry Median: 5.2
vs MET: -2.36
MetLife (NYSE:MET) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
MetLife 3-Year ROIIC % Related Terms
MetLife 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for MetLife's 3-Year ROIIC % 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.
For the Insurance - Life subindustry, MetLife's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, MetLife's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where MetLife's 3-Year ROIIC % falls into.
MetLife's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 4177.6322 (Dec. 2025) - 6083.2962 (Dec. 2022) )
/
( 726560.7 (Dec. 2025) - 645860.45 (Dec. 2022) )
=
-1905.664
/
80700.25
=
-2.36%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
MetLife (MET) has a 3-Year ROIIC % of -2.36 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on MetLife and its competitors. According to the industry distribution chart, MetLife ranks #274 out of 335 companies in the Insurance industry, placing it in the top 81.8%.
Is MetLife's 3-Year ROIIC % too high?
MetLife's current 3-Year ROIIC % is -2.36. Based on the distribution chart, MetLife ranks #274 out of 335 companies in the Insurance industry, which is in the bottom quartile relative to peers. 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 3-Year ROIIC % compare to AFL and PRU?
According to the Insurance industry distribution chart, MetLife ranks #274 out of 335 companies for 3-Year ROIIC %. This places MetLife in the lower half of its industry. The industry median 3-Year ROIIC % is 5.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.20, based on 335 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on MetLife and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetLife's current 3-Year ROIIC % is -2.36. 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 $90.08, compared to a current price of $91.67 — trading 1.8% above its estimated fair value. The current 3-Year ROIIC % is -2.36. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For MetLife (MET), the current 3-Year ROIIC % is -2.36 as of Dec. 2025. 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 $91.67 is trading 1.8% above its estimated GF Value™ of $90.08.
GuruFocus considers MetLife to be Fairly Valued.
Key valuation signals for MET:
3-Year ROIIC %: -2.36
GF Value™: $90.08 vs. price of $91.67 (1.8% above fair value)
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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