Question 1

What is MetLife's EV/EBITDA ratio?

Accepted Answer

MetLife (MET) EV/EBITDA ratio is -44.7× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for MetLife?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For MetLife specifically, the relevant sector benchmark is the current sector median of 9.3×.

Question 5

Is MetLife's EV/EBITDA ratio high or low?

Accepted Answer

MetLife's EV/EBITDA ratio of -44.7× is below its own 5-year average of -37.4× and below the sector median of 9.3×. That places the current reading at the 40th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is MetLife's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, MetLife (MET) EV/EBITDA ratio has ranged from a low of -1688.7× in 2017 to a high of 26.4× in 2002. The 5-year average is -37.4× and the 5-year median is -39.7×.

Question 7

What was MetLife's EV/EBITDA ratio in 2025?

Accepted Answer

MetLife (MET) EV/EBITDA ratio at the end of 2025 was -9.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does MetLife's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$52.49B	$5.72B	-9.2×	-4.2×	Dec 31, 2025
2024	$56.99B	$6.66B	-5.0×	+72.6×	Dec 31, 2024
2023	$49.30B	$3.21B	-77.6×	-43.4×	Dec 31, 2023
2022	$56.38B	$7.00B	-34.1×	-1.2×	Dec 31, 2022
2021	$52.37B	$9.05B	-32.9×	+7.7×	Dec 31, 2021
2020	$42.25B	$7.84B	-40.6×	-3.9×	Dec 31, 2020
2019	$46.83B	$7.75B	-36.7×	-1.5×	Dec 31, 2019
2018	$40.25B	$7.43B	-35.2×	+18.2×	Dec 31, 2018
2017	$53.21B	$4.76B	-53.4×	+95.5×	Dec 31, 2017
2016	$52.83B	$1.60B	-148.9×	-113.4×	Dec 31, 2016
2015	$47.72B	$8.68B	-35.5×	-4.1×	Dec 31, 2015
2014	$54.56B	$10.02B	-31.4×	+24.7×	Dec 31, 2014
2013	$53.99B	$5.33B	-56.1×	+67.5×	Dec 31, 2013
2012	$32.02B	$2.88B	-123.6×	-89.9×	Dec 31, 2012
2011	$0.00	$10.50B	-33.7×	-36.5×	Dec 31, 2011
2010	$0.00	$4.87B	2.9×	—	Dec 31, 2010
2009	$0.00	−$3.75B	—	—	Dec 31, 2009
2008	$0.00	$7.09B	-3.1×	-3.3×	Dec 31, 2008
2007	$0.00	$8.44B	0.2×	-0.7×	Dec 31, 2007
2006	$0.00	$5.16B	0.9×	-0.3×	Dec 31, 2006
2005	$0.00	$5.03B	1.2×	+0.7×	Dec 31, 2005
2004	$0.00	$3.97B	0.5×	-0.9×	Dec 31, 2004
2003	$0.00	$2.62B	1.4×	+0.6×	Dec 31, 2003
2002	$0.00	$1.63B	0.8×	+12.4×	Dec 31, 2002
2001	$0.00	$405.00M	-11.6×	—	Dec 31, 2001


Mercury General (MCY)	3.2×
Wells Fargo (WFC)	2.9×
Farmers & Merchants Bancorp (FMCB)	2.8×
JPMorgan Chase (JPM)	2.3×
AXIS Capital Holdings (AXS)	2.2×
American International Group (AIG)	1.9×
Ally Financial (ALLY)	1.7×
United Bankshares (UBSI)	1.6×
Commerce Bancshares (CBSH)	0.7×
W. R. Berkley (WRB)	-0.0×
Morgan Stanley (MS)	-0.3×
M&T Bank (MTB)	-0.6×
Capital One Financial (COF)	-0.6×
Everest Re Group (EG)	-0.7×
Travelers Companies (TRV)	-2.5×
Globe Life (GL-PD)	-2.6×
RenaissanceRe Holdings (RNR)	-3.5×
PNC Financial Services Group (PNC)	-3.8×
BancFirst (BANF)	-5.5×
U.S. Bancorp (USB)	-5.5×
KeyCorp (KEY)	-9.2×
Bank of New York Mellon (BNY)	-13.3×
Bank of New York Mellon (BK)	-13.3×
Ames National (ATLO)	-14.6×
State Street (STT)	-17.7×

EV/EBITDA for MetLife (MET)

EV/EBITDA daily chart for MetLife (MET)

Historical EV/EBITDA for MetLife (MET) from 2001 to 2025

About EV/EBITDA at MetLife (MET)

MetLife EV/EBITDA by Year

MetLife EV/EBITDA 2025: -9.2×

MetLife EV/EBITDA 2024: -5.0×

MetLife EV/EBITDA 2023: -77.6×

MetLife EV/EBITDA 2022: -34.1×

MetLife EV/EBITDA 2021: -32.9×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

MetLife (MET) Key Financials

EV/EBITDA daily chart for MetLife (MET)

Historical EV/EBITDA for MetLife (MET) from 2001 to 2025

About EV/EBITDA at MetLife (MET)

MetLife EV/EBITDA by Year

MetLife EV/EBITDA 2025: -9.2×

MetLife EV/EBITDA 2024: -5.0×

MetLife EV/EBITDA 2023: -77.6×

MetLife EV/EBITDA 2022: -34.1×

MetLife EV/EBITDA 2021: -32.9×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is MetLife's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for MetLife?

+Is MetLife's EV/EBITDA ratio high or low?

+What is MetLife's historical EV/EBITDA ratio range?

+What was MetLife's EV/EBITDA ratio in 2025?

+Why does MetLife's EV/EBITDA ratio change over time?

MetLife (MET) Key Financials