Trinet Group
TNET
64.45
+1.67
+2.66%
Trinet Group
US · TNET
#2514 by market cap
Listed 1970
64.45
+1.67
+2.66%
Live - 5344 symbols - heartbeat 414s ago
· 2026-10-07 20:02
After-hours
64.45
0.00%
- Market cap
- 2.96B
- P/E (TTM)i
- 17.10
- P/Bi
- 23.67
- EPSi
- 3.20
- Div yieldi
- 1.75%
- 52W posi
- 79%
Reader sentiment
Are you bullish or bearish on TNET?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.71, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -0.85% YoY
Margins
- Gross margin
- 17.68%
- Operating margin
- 5.45%
- Net margin
- 3.09%
Key ratios & quality
- Enterprise valuei
- 3.58B
- Altman Z-Scorei
- 1.71
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.50B | 3.86B | 4.03B | 4.54B | 4.91B | 4.99B | 5.05B | 5.01B |
| Gross profit | 664.00M | 684.00M | 793.00M | 937.00M | 1.14B | 1.17B | 952.00M | 886.00M |
| Selling & admin expenses | 324.00M | 327.00M | 338.00M | 378.00M | 483.00M | 496.00M | 521.00M | 476.00M |
| Research & development | 49.00M | 43.00M | 40.00M | 50.00M | 73.00M | 65.00M | 68.00M | 71.00M |
| Operating profit | 251.00M | 268.00M | 368.00M | 455.00M | 521.00M | 541.00M | 288.00M | 273.00M |
| Pretax profit | 241.00M | 270.00M | 357.00M | 441.00M | 482.00M | 501.00M | 226.00M | 217.00M |
| Tax | 49.00M | 58.00M | 85.00M | 103.00M | 127.00M | 126.00M | 53.00M | 62.00M |
| Net profit | 192.00M | 212.00M | 272.00M | 338.00M | 355.00M | 375.00M | 173.00M | 155.00M |
| Basic EPS | 3 | 3 | 4 | 5 | 6 | 7 | 3 | 3 |
| Diluted EPS | 2.65 | 2.99 | 3.99 | 5.07 | 5.61 | 6.56 | 3.43 | 3.20 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.29B | 1.24B | 1.23B | 1.25B | 1.23B | 1.18B |
| Gross profit | 279.00M | 220.00M | 216.00M | 171.00M | 300.00M | 246.00M |
| Selling & admin expenses | 113.00M | 120.00M | 119.00M | 124.00M | 128.00M | 122.00M |
| Research & development | 20.00M | 17.00M | 18.00M | 16.00M | 19.00M | 17.00M |
| Operating profit | 129.00M | 66.00M | 63.00M | 15.00M | 136.00M | 88.00M |
| Pretax profit | 115.00M | 51.00M | 50.00M | 1.00M | 123.00M | 74.00M |
| Tax | 30.00M | 14.00M | 16.00M | 2.00M | 34.00M | 21.00M |
| Net profit | 85.00M | 37.00M | 34.00M | -1.00M | 89.00M | 53.00M |
| Basic EPS | 2 | 1 | 1 | 0 | 2 | 1 |
| Diluted EPS | 1.71 | 0.77 | 0.70 | -0.01 | 1.90 | 1.15 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.65B | 1.87B | 2.16B | 2.44B | 2.33B | 2.58B | 3.18B | 2.87B |
| Cash & ST investments | 282.00M | 281.00M | 358.00M | 747.00M | 430.00M | 352.00M | 360.00M | 287.00M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 2.44B | 2.75B | 3.04B | 3.31B | 3.44B | 3.69B | 4.12B | 3.80B |
| Total current liabilities | 1.43B | 1.64B | 1.87B | 1.74B | 1.99B | 2.46B | 2.98B | 2.64B |
| Short-term debt | 22.00M | 39.00M | 33.00M | 11.00M | 15.00M | 123.00M | 88.00M | 10.00M |
| Long-term debt | 391.00M | 369.00M | 348.00M | 495.00M | 496.00M | 984.00M | 908.00M | 895.00M |
| Total liabilities | 2,060,000,000.00 | 2,273,000,000.00 | 2,436,000,000.00 | 2,428,000,000.00 | 2,668,000,000.00 | 3,615,000,000.00 | 4,050,000,000.00 | 3,743,000,000.00 |
| Total equity | 375.00M | 475.00M | 607.00M | 881.00M | 775.00M | 78.00M | 69.00M | 54.00M |
| Retained earnings | -266.00M | -219.00M | -144.00M | 74.00M | -119.00M | -896.00M | -984.00M | -1.08B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 2.86B | 2.76B | 2.50B | 2.87B | 2.48B | 2.38B |
| Cash & ST investments | 349.00M | 407.00M | 321.00M | 287.00M | 340.00M | 358.00M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 3.78B | 3.69B | 3.43B | 3.80B | 3.42B | 3.35B |
| Total current liabilities | 2.65B | 2.51B | 2.25B | 2.64B | 2.23B | 2.11B |
| Short-term debt | 86.00M | 93.00M | 10.00M | 10.00M | 11.00M | 10.00M |
| Long-term debt | 909.00M | 894.00M | 895.00M | 895.00M | 896.00M | 896.00M |
| Total liabilities | 3,712,000,000.00 | 3,581,000,000.00 | 3,315,000,000.00 | 3,743,000,000.00 | 3,337,000,000.00 | 3,221,000,000.00 |
| Total equity | 63.00M | 107.00M | 110.00M | 54.00M | 83.00M | 125.00M |
| Retained earnings | -1.01B | -988.00M | -1.00B | -1.08B | -1.07B | -1.05B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -104.00M | 471.00M | 546.00M | 218.00M | 497.00M | 539.00M | 279.00M | 303.00M |
| Depreciation & amortization | 46.00M | 73.00M | 82.00M | 94.00M | 89.00M | 81.00M | 86.00M | 73.00M |
| Free cash flow | -147.00M | 426.00M | 510.00M | 178.00M | 441.00M | 464.00M | 201.00M | 234.00M |
| Dividends paid | -- | -- | -- | -- | 0 | 0 | -37.00M | -52.00M |
| Stock buybacks / issuance | -47.00M | -129.00M | -168.00M | -83.00M | -512.00M | -1.11B | -171.00M | -172.00M |
| Ending cash balance | 1.35B | 1.46B | 1.64B | 1.74B | 1.54B | 1.47B | 1.69B | 1.90B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 95.00M | 75.00M | 72.00M | 61.00M | 149.00M | 88.00M |
| Depreciation & amortization | 19.00M | 17.00M | 19.00M | 18.00M | 19.00M | 21.00M |
| Free cash flow | 79.00M | 57.00M | 55.00M | 43.00M | 123.00M | 67.00M |
| Dividends paid | -12.00M | -14.00M | -13.00M | -13.00M | -13.00M | -13.00M |
| Stock buybacks / issuance | -90.00M | 6.00M | -32.00M | -56.00M | -58.00M | -13.00M |
| Ending cash balance | 1.28B | 1.43B | 1.35B | 1.90B | 1.39B | 1.30B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 66.09 | 49.88 | 50.28 | 45.43 | 42.87 | 87.93 | 235.37 | 252.03 |
| ROA %i | 7.64 | 8.18 | 9.39 | 10.64 | 10.52 | 10.51 | 4.43 | 3.92 |
| ROIC %i | 28.23 | 24.48 | 28.49 | 28.30 | 26.68 | 27.62 | 19.14 | 18.66 |
| 5-year avg ROE %i | -- | -- | 119.43 | 71.88 | 50.91 | 55.28 | 92.38 | 132.73 |
| EBIT margin %i | 7.51 | 7.55 | 9.37 | 10.15 | 10.67 | 10.99 | 5.70 | 5.45 |
| FCF / sales %i | -- | 11.05 | 12.64 | 3.92 | 10.36 | 9.55 | 3.98 | 4.67 |
| Current ratioi | 1.16 | 1.14 | 1.16 | 1.40 | 1.17 | 1.05 | 1.07 | 1.09 |
| Quick ratioi | 0.42 | 0.35 | 0.33 | 0.62 | 0.41 | 0.33 | 0.25 | 0.22 |
| Debt / assetsi | 16.96 | 16.59 | 14.13 | 16.53 | 16.03 | 30.79 | 24.81 | 24.81 |
| LT debt / equityi | 104.27 | 87.79 | 65.40 | 60.84 | 69.29 | 1,300.00 | 1,353.62 | 1,725.93 |
| Interest coveragei | 11.95 | 13.86 | 18.00 | 23.05 | 13.36 | 13.53 | 4.65 | 4.88 |
| Revenue CAGR (3Y) %i | 9.62 | 8.01 | 7.20 | 9.03 | 8.37 | 7.38 | 3.63 | 0.69 |
| Net income CAGR (3Y) %i | 81.71 | 51.47 | 15.18 | 20.75 | 18.75 | 11.30 | -20.01 | -24.14 |
| FCF CAGR (3Y) %i | -- | 40.99 | -3.53 | -- | 1.16 | -3.10 | 4.13 | -19.04 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 162.14 | 138.16 | 111.30 | 252.03 | 217.81 | 150.86 |
| ROA %i | 4.31 | 3.87 | 3.72 | 3.92 | 4.42 | 4.98 |
| ROIC %i | 18.07 | 16.03 | 15.28 | 18.66 | 18.75 | 19.22 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 5.47 | 4.86 | 4.68 | 5.45 | 5.66 | 6.18 |
| FCF / sales %i | 4.09 | 4.78 | 4.72 | 4.67 | 5.62 | 5.90 |
| Current ratioi | 1.08 | 1.10 | 1.11 | 1.09 | 1.12 | 1.13 |
| Quick ratioi | 0.32 | 0.36 | 0.36 | 0.22 | 0.36 | 0.37 |
| Debt / assetsi | 26.99 | 28.06 | 27.53 | 24.81 | 27.66 | 28.39 |
| LT debt / equityi | 1,480.95 | 880.37 | 848.18 | 1,725.93 | 1,126.51 | 752.00 |
| Interest coveragei | 4.62 | 4.17 | 4.14 | 4.88 | 5.09 | 5.59 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-07 20:02:27 · For reference only, not investment advice and not tailored to your situation.