The Reading the Mind in the Eyes Test (RMET) is the most popular adult measure of individual differences in theory of mind. We present a meta-analytic investigation of the test's psychometric properties (k = 119 effect sizes, 61 studies, n(total) = 8,611 persons). Using random effects models, we found the internal consistency of the test was acceptable (alpha = .73). However, the RMET was more strongly related with emotion perception (r = .33, rho = .48) relative to alternative theory of mind measures (r = .29, rho = .39), and weakly to moderately related with vocabulary (r = .25, rho = .32), cognitive empathy (r = .14, rho = .20), and affective empathy (r = .13, rho = .19). Overall, we conclude that the RMET operates rather as emotion perception measure than as theory of mind measure, challenging the interpretation of RMET results.