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TriNet Group (TNET) Financials

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$81.35 -1.09 (-1.32%)
Closing price 03:59 PM Eastern
Extended Trading
$81.28 -0.07 (-0.09%)
As of 04:10 PM Eastern
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Annual Income Statements for TriNet Group

Annual Income Statements for TriNet Group

This table shows TriNet Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
173 375 355 338 272 212 192 178 61 32
Consolidated Net Income / (Loss)
173 375 355 338 272 212 192 178 61 32
Net Income / (Loss) Continuing Operations
173 375 355 338 272 212 192 178 61 32
Total Pre-Tax Income
226 501 482 441 357 270 241 200 104 60
Total Operating Income
288 541 521 455 368 268 251 217 124 78
Total Gross Profit
4,749 4,687 4,604 4,276 3,772 3,611 3,274 3,062 2,870 2,480
Total Revenue
5,053 4,994 4,907 4,540 4,034 3,856 3,503 3,275 3,060 2,659
Operating Revenue
5,053 4,994 4,907 4,540 4,034 3,856 3,503 3,275 3,060 2,659
Total Cost of Revenue
304 307 303 264 262 245 229 213 190 179
Operating Cost of Revenue
304 307 303 264 262 245 229 213 190 179
Total Operating Expenses
4,461 4,146 4,083 3,821 3,404 3,343 3,023 2,845 2,746 2,402
Selling, General & Admin Expense
232 211 241 176 152 137 142 114 92 69
Marketing Expense
4,086 3,798 3,705 3,541 3,165 3,117 2,792 2,653 2,588 2,279
Research & Development Expense
68 65 73 50 40 43 49 45 31 -
Depreciation Expense
75 72 64 54 47 46 40 33 35 15
Total Other Income / (Expense), net
-62 -40 -39 -14 -11 2.00 -10 -17 -20 -18
Interest Expense
62 40 39 20 21 21 22 20 20 19
Income Tax Expense
53 126 127 103 85 58 49 22 43 28
Basic Earnings per Share
$3.47 $6.61 $5.66 $5.13 $4.03 $3.04 $2.72 $2.57 $0.88 $0.45
Weighted Average Basic Shares Outstanding
50M 57M 63M 66M 67M 70M 70M 69M 70.16M 70.23M
Diluted Earnings per Share
$3.43 $6.56 $5.61 $5.07 $3.99 $2.99 $2.65 $2.49 $0.85 $0.44
Weighted Average Diluted Shares Outstanding
50M 57M 64M 67M 68M 71M 72M 71M 71.97M 72.62M
Weighted Average Basic & Diluted Shares Outstanding
49.53M 50.57M 59.98M 65.70M 65.99M 68.75M 80M 69.30M 69.30M 70.40M

Quarterly Income Statements for TriNet Group

This table shows TriNet Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
85 -23 45 60 91 67 94 83 131 47 77
Consolidated Net Income / (Loss)
85 -23 45 60 91 67 94 83 131 47 77
Net Income / (Loss) Continuing Operations
85 -23 45 60 91 67 94 83 131 47 77
Total Pre-Tax Income
115 -37 58 81 124 86 124 111 180 63 103
Total Operating Income
115 28 58 80 122 159 116 97 169 78 120
Total Gross Profit
1,221 1,250 1,163 1,151 1,185 1,241 1,148 1,130 1,168 1,170 1,162
Total Revenue
1,292 1,326 1,237 1,226 1,264 1,317 1,222 1,209 1,246 1,248 1,241
Operating Revenue
1,292 1,326 1,237 1,226 1,264 1,317 1,222 1,209 1,246 1,248 1,241
Total Cost of Revenue
71 76 74 75 79 76 74 79 78 78 79
Operating Cost of Revenue
71 76 74 75 79 76 74 79 78 78 79
Total Operating Expenses
1,106 1,222 1,105 1,071 1,063 1,082 1,032 1,033 999 1,092 1,042
Selling, General & Admin Expense
46 91 46 47 48 57 51 60 43 76 63
Marketing Expense
1,009 1,096 1,023 988 979 990 949 938 921 979 944
Research & Development Expense
20 16 17 17 18 16 15 17 17 19 18
Depreciation Expense
17 19 19 19 18 19 17 18 18 18 17
Other Operating Expenses / (Income)
14 - - - - - - - - - -
Total Other Income / (Expense), net
0.00 -65 0.00 1.00 2.00 -73 8.00 14 11 -15 -17
Income Tax Expense
30 -14 13 21 33 19 30 28 49 16 26
Basic Earnings per Share
$1.72 ($0.44) $0.90 $1.21 $1.80 $1.38 $1.65 $1.40 $2.18 $0.84 $1.23
Weighted Average Basic Shares Outstanding
49M 50M 50M 50M 51M 57M 57M 60M 60M 63M 62M
Diluted Earnings per Share
$1.71 ($0.44) $0.89 $1.20 $1.78 $1.38 $1.63 $1.38 $2.17 $0.83 $1.22
Weighted Average Diluted Shares Outstanding
49M 50M 50M 51M 51M 57M 58M 60M 60M 64M 63M
Weighted Average Basic & Diluted Shares Outstanding
48.40M 49.53M 49.58M 49.67M 50.56M 50.57M 50.51M 59.68M 59.41M 59.98M 62.23M
Cash Dividends to Common per Share
$0.25 - - - - - - - - - -

Annual Cash Flow Statements for TriNet Group

This table details how cash moves in and out of TriNet Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
225 -71 -201 95 187 107 -389 505 61 32
Net Cash From Operating Activities
279 539 497 218 546 471 -104 606 192 151
Net Cash From Continuing Operating Activities
279 539 497 218 546 471 -104 606 192 151
Net Income / (Loss) Continuing Operations
173 375 355 338 272 212 192 178 61 32
Consolidated Net Income / (Loss)
173 375 355 338 272 212 192 178 61 32
Depreciation Expense
75 72 64 54 67 57 46 35 39 53
Amortization Expense
44 40 38 31 1.00 -1.00 0.00 0.00 - -
Non-Cash Adjustments To Reconcile Net Income
104 75 98 -17 63 64 30 24 -53 261
Changes in Operating Assets and Liabilities, net
-117 -23 -58 -188 143 139 -372 369 145 -195
Net Cash From Investing Activities
153 -70 -226 -135 -151 -188 -200 -24 -27 -38
Net Cash From Continuing Investing Activities
153 -70 -226 -135 -151 -188 -200 -24 -27 -38
Purchase of Property, Plant & Equipment
-78 -75 -56 -40 -36 -45 -43 -38 -40 -19
Acquisitions
0.00 0.00 -229 0.00 -12 - - - -15 -5.00
Purchase of Investments
-190 -281 -410 -444 -327 -302 -258 0.00 - -42
Sale and/or Maturity of Investments
421 286 469 349 224 159 101 14 28 28
Net Cash From Financing Activities
-207 -540 -471 12 -208 -176 -85 -77 -104 -81
Net Cash From Continuing Financing Activities
-207 -540 -471 12 -208 -176 -85 -77 -104 -81
Repayment of Debt
-110 -504 0.00 -379 -22 -22 -226 -38 -95 -45
Repurchase of Common Equity
-183 -1,122 -523 -94 -178 -140 -61 -44 -76 -49
Payment of Dividends
-37 0.00 0.00 - - - - - - -
Issuance of Debt
0.00 1,095 0.00 500 0.00 0.00 210 0.00 58 0.00
Issuance of Common Equity
12 15 11 11 10 11 14 16 9.00 5.00
Other Financing Activities, net
111 -24 41 -26 -18 -25 -22 -11 - 8.00
Effect of Exchange Rate Changes
0.00 0.00 -1.00 0.00 0.00 - - - - -
Cash Interest Paid
59 25 18 12 16 19 17 16 15 15
Cash Income Taxes Paid
76 114 128 129 123 62 49 2.00 39 2.00

Quarterly Cash Flow Statements for TriNet Group

This table details how cash moves in and out of TriNet Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-407 743 -46 -273 -199 552 -559 -164 100 320 -70
Net Cash From Operating Activities
95 555 -31 -123 -122 582 -110 144 -77 421 -49
Net Cash From Continuing Operating Activities
95 555 -31 -123 -122 582 -110 144 -77 421 -49
Net Income / (Loss) Continuing Operations
85 -23 44 61 91 67 94 83 131 48 77
Consolidated Net Income / (Loss)
85 -23 44 61 91 67 94 83 131 48 77
Depreciation Expense
17 - - - - - - - - - -
Amortization Expense
12 -44 30 29 29 -49 33 26 30 -36 27
Non-Cash Adjustments To Reconcile Net Income
15 621 -521 1.00 3.00 164 -133 205 -161 122 -66
Changes in Operating Assets and Liabilities, net
-34 -74 416 -214 -245 328 -104 -170 -77 223 -87
Net Cash From Investing Activities
-8.00 178 24 -2.00 -47 -13 -26 -8.00 -23 -21 -14
Net Cash From Continuing Investing Activities
-8.00 178 24 -2.00 -47 -13 -26 -8.00 -23 -21 -14
Purchase of Property, Plant & Equipment
-16 -18 -25 -17 -18 -21 -20 -17 -17 -17 -13
Purchase of Investments
-27 -29 -22 -44 -95 -55 -56 -88 -82 -73 -180
Divestitures
1.00 - - - - - - - - - -
Sale and/or Maturity of Investments
34 225 71 59 66 63 50 97 76 79 215
Net Cash From Financing Activities
-494 10 -39 -148 -30 -17 -423 -300 200 -79 -7.00
Net Cash From Continuing Financing Activities
-494 10 -39 -148 -30 -17 -423 -300 200 -79 -7.00
Repurchase of Common Equity
-90 -28 -20 -112 -23 -13 -1,011 -7.00 -91 -140 -1.00
Payment of Dividends
-12 -12 -12 - - - - - 0.00 - -
Other Financing Activities, net
-392 129 -6.00 -5.00 -7.00 -10 -5.00 -5.00 -4.00 56 -7.00
Cash Interest Paid
25 4.00 25 4.00 26 4.00 9.00 1.00 11 - 9.00
Cash Income Taxes Paid
0.00 9.00 5.00 55 7.00 25 31 54 4.00 68 23

Annual Balance Sheets for TriNet Group

This table presents TriNet Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
4,119 3,693 3,443 3,309 3,043 2,748 2,435 2,593 2,095 2,092
Total Current Assets
3,180 2,578 2,326 2,439 2,160 1,871 1,646 1,991 1,535 1,568
Cash & Equivalents
360 287 354 612 301 213 228 336 184 166
Restricted Cash
1,413 1,269 1,263 1,195 1,388 1,180 942 1,280 15 15
Short-Term Investments
0.00 65 76 135 57 68 54 0.00 - -
Accounts Receivable
381 465 394 389 264 294 315 318 - -
Prepaid Expenses
64 67 71 67 63 52 48 38 11 8.58
Other Current Assets
962 425 168 41 87 64 59 19 1,283 1,375
Plant, Property, & Equipment, net
10 17 24 24 79 85 79 70 59 38
Total Noncurrent Assets
929 1,098 1,093 846 804 792 710 532 501 486
Long-Term Investments
145 301 304 334 348 337 322 162 131 102
Goodwill
461 462 462 294 294 289 289 289 289 289
Intangible Assets
156 172 163 61 18 15 21 26 31 47
Other Noncurrent Operating Assets
167 163 164 157 144 151 78 55 50 49
Total Liabilities & Shareholders' Equity
4,119 3,693 3,443 3,309 3,043 2,748 2,435 2,593 2,095 2,092
Total Liabilities
4,050 3,615 2,668 2,428 2,436 2,273 2,060 2,387 2,060 2,084
Total Current Liabilities
2,981 2,463 1,988 1,739 1,870 1,643 1,425 1,757 1,379 1,456
Short-Term Debt
75 109 0.00 - 22 22 22 40 37 33
Accounts Payable
89 87 98 86 50 31 45 59 23 13
Accrued Expenses
769 690 611 543 481 558 487 480 31 29
Customer Deposits
76 65 106 97 134 44 56 52 - -
Current Employee Benefit Liabilities
1,950 1,488 1,141 984 1,154 962 796 67 1,276 1,369
Other Current Liabilities
22 24 32 29 29 26 19 25 12 11
Total Noncurrent Liabilities
1,069 1,152 680 689 566 630 635 630 681 629
Long-Term Debt
908 984 496 495 348 369 391 383 422 461
Capital Lease Obligations
26 30 41 - 49 48 0.00 - - -
Noncurrent Deferred & Payable Income Tax Liabilities
11 13 8.00 11 22 61 68 68 92 55
Noncurrent Employee Benefit Liabilities
110 120 128 135 138 144 158 165 159 105
Other Noncurrent Operating Liabilities
14 5.00 7.00 48 9.00 8.00 18 14 8.00 7.55
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 - - - 0.00 0.00
Total Equity & Noncontrolling Interests
69 78 775 881 607 475 375 206 35 8.08
Total Preferred & Common Equity
69 78 775 881 607 475 375 206 35 8.08
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
69 78 775 881 607 475 375 206 35 8.08
Common Stock
1,056 976 899 808 747 694 641 583 535 494
Retained Earnings
-984 -896 -119 74 -144 -219 -266 -377 -500 -486
Accumulated Other Comprehensive Income / (Loss)
-3.00 -2.00 -5.00 -1.00 4.00 0.00 - - - -0.72

Quarterly Balance Sheets for TriNet Group

This table presents TriNet Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
3,775 3,729 3,703 3,968 2,966 3,290 3,736 3,079
Total Current Assets
2,857 2,605 2,566 2,840 1,853 2,177 2,629 1,965
Cash & Equivalents
349 251 177 298 170 482 707 454
Restricted Cash
1,024 780 893 1,059 833 1,074 1,016 837
Accounts Receivable
499 526 500 478 425 381 386 372
Prepaid Expenses
60 64 76 79 75 72 85 63
Other Current Assets
925 934 848 841 275 99 346 144
Plant, Property, & Equipment, net
9.00 14 14 15 16 29 31 90
Total Noncurrent Assets
909 1,110 1,123 1,113 1,097 1,084 1,076 1,024
Long-Term Investments
134 298 319 313 297 303 297 293
Goodwill
461 462 462 462 462 462 462 462
Intangible Assets
146 179 176 174 169 156 155 103
Other Noncurrent Operating Assets
168 171 166 164 169 163 162 166
Total Liabilities & Shareholders' Equity
3,775 3,729 3,703 3,968 2,966 3,290 3,736 3,079
Total Liabilities
3,712 3,600 3,603 3,825 2,956 2,375 2,911 2,223
Total Current Liabilities
2,646 2,440 2,463 2,669 1,703 1,707 2,235 1,521
Short-Term Debt
74 75 84 109 - - 295 -
Accounts Payable
82 82 85 122 109 100 130 122
Accrued Expenses
733 759 740 704 641 607 585 578
Customer Deposits
49 39 70 51 73 78 131 54
Current Employee Benefit Liabilities
1,690 1,464 1,464 1,662 855 897 1,061 732
Other Current Liabilities
18 21 20 21 25 25 33 35
Total Noncurrent Liabilities
1,066 1,160 1,140 1,156 1,253 668 676 702
Long-Term Debt
909 993 984 984 1,091 496 496 496
Capital Lease Obligations
24 30 24 27 - - - -
Noncurrent Deferred & Payable Income Tax Liabilities
10 18 13 13 5.00 7.00 9.00 29
Noncurrent Employee Benefit Liabilities
111 107 107 120 122 122 127 129
Other Noncurrent Operating Liabilities
12 12 12 12 35 43 44 48
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
63 129 100 143 10 915 825 856
Total Preferred & Common Equity
63 129 100 143 10 915 825 856
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
63 129 100 143 10 915 825 856
Common Stock
1,070 1,037 1,021 996 953 934 910 878
Retained Earnings
-1,006 -910 -916 -848 -935 -13 -83 -17
Accumulated Other Comprehensive Income / (Loss)
-1.00 2.00 -5.00 -5.00 -8.00 -6.00 -2.00 -5.00

Annual Metrics And Ratios for TriNet Group

This table displays calculated financial ratios and metrics derived from TriNet Group's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
1.18% 1.77% 8.08% 12.54% 4.62% 10.08% 6.96% 7.03% 15.08% 21.22%
EBITDA Growth
-37.67% 4.82% 15.37% 23.85% 34.57% 9.09% 17.86% 54.60% 23.48% -23.11%
EBIT Growth
-46.77% 3.84% 14.51% 23.64% 37.31% 6.77% 15.67% 75.00% 56.96% -9.48%
NOPAT Growth
-45.56% 5.53% 10.03% 24.38% 33.24% 5.23% 3.54% 165.54% 74.83% 2.30%
Net Income Growth
-53.87% 5.63% 5.03% 24.26% 28.30% 10.42% 7.87% 191.80% 90.63% 106.49%
EPS Growth
-47.71% 16.93% 10.65% 27.07% 33.44% 12.83% 6.43% 192.94% 93.18% 100.00%
Operating Cash Flow Growth
-48.24% 8.45% 127.98% -60.07% 15.92% 552.88% -117.16% 215.63% 27.15% -0.59%
Free Cash Flow Firm Growth
-23.01% 161.34% -6.64% -61.08% 38.03% 276.11% -112.68% 1,074.78% 4.08% -12.96%
Invested Capital Growth
-16.50% -5.26% 23.89% 15.73% -20.81% -16.62% 34.03% -800.61% -25.28% -27.10%
Revenue Q/Q Growth
1.63% 1.86% 0.33% 0.00% 0.00% 2.69% 2.01% 1.15% 2.87% 4.80%
EBITDA Q/Q Growth
5.44% 26.55% -0.95% 0.00% 0.00% 11.34% -1.33% 0.82% 8.76% 2.54%
EBIT Q/Q Growth
-17.00% 23.52% -2.43% 0.00% 0.00% 8.50% -1.95% 1.99% 11.62% 12.79%
NOPAT Q/Q Growth
-15.69% 24.48% -3.74% 0.00% 0.00% 9.47% -16.77% 30.20% 13.41% 23.48%
Net Income Q/Q Growth
-34.22% 5.63% -5.84% 0.00% 0.00% 9.84% -16.16% 32.28% 15.44% 30.02%
EPS Q/Q Growth
-34.67% 9.15% -3.44% 0.00% 0.00% 10.74% -16.67% 31.75% 16.44% 33.33%
Operating Cash Flow Q/Q Growth
-10.58% 21.67% 60.32% -61.75% -14.95% 192.55% -138.38% 2,140.47% 50.97% -4.44%
Free Cash Flow Firm Q/Q Growth
143.35% 61.94% 0.00% 0.00% 0.00% 236.33% -123.77% 573.84% 42.41% -8.50%
Invested Capital Q/Q Growth
-452.63% -163.14% -109.48% 0.00% 0.00% 0.00% -72.67% -1,023.86% -17.82% -2.65%
Profitability Metrics
- - - - - - - - - -
Gross Margin
93.98% 93.85% 93.83% 94.19% 93.51% 93.65% 93.46% 93.50% 93.79% 93.27%
EBITDA Margin
8.05% 13.08% 12.70% 11.89% 10.81% 8.40% 8.48% 7.69% 5.33% 4.96%
Operating Margin
5.70% 10.83% 10.62% 10.02% 9.12% 6.95% 7.17% 6.63% 4.05% 2.93%
EBIT Margin
5.70% 10.83% 10.62% 10.02% 9.12% 6.95% 7.17% 6.63% 4.05% 2.97%
Profit (Net Income) Margin
3.42% 7.51% 7.23% 7.44% 6.74% 5.50% 5.48% 5.44% 1.99% 1.20%
Tax Burden Percent
76.55% 74.85% 73.65% 76.64% 76.19% 78.52% 79.67% 89.00% 58.65% 53.33%
Interest Burden Percent
78.47% 92.61% 92.51% 96.92% 97.01% 100.75% 96.02% 92.17% 83.87% 75.95%
Effective Tax Rate
23.45% 25.15% 26.35% 23.36% 23.81% 21.48% 20.33% 11.00% 41.35% 46.67%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 37.93% 15.98%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 31.04% 12.42%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 245.26% -378.02%
Return on Equity (ROE)
235.37% 87.93% 42.87% 45.43% 50.28% 49.88% 66.09% 147.72% 283.19% -362.03%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 66.87% 47.33%
Operating Return on Assets (OROA)
7.37% 15.16% 15.43% 14.33% 12.71% 10.34% 9.98% 9.26% 5.92% 3.56%
Return on Assets (ROA)
4.43% 10.51% 10.52% 10.64% 9.39% 8.18% 7.64% 7.59% 2.91% 1.44%
Return on Common Equity (ROCE)
235.37% 87.93% 42.87% 45.43% 50.28% 49.88% 66.09% 147.72% 283.19% -362.03%
Return on Equity Simple (ROE_SIMPLE)
250.72% 480.77% 45.81% 38.37% 44.81% 44.63% 51.20% 86.41% 174.29% 395.99%
Net Operating Profit after Tax (NOPAT)
220 405 384 349 280 210 200 193 73 42
NOPAT Margin
4.36% 8.11% 7.82% 7.68% 6.95% 5.46% 5.71% 5.90% 2.38% 1.56%
Net Nonoperating Expense Percent (NNEP)
-5.56% -2.65% -1.77% -0.62% -0.55% 0.13% -0.64% -2.47% 6.89% 3.57%
Return On Investment Capital (ROIC_SIMPLE)
20.45% 33.72% 29.25% - - - - - - -
Cost of Revenue to Revenue
6.02% 6.15% 6.17% 5.82% 6.49% 6.35% 6.54% 6.50% 6.21% 6.73%
SG&A Expenses to Revenue
4.59% 4.23% 4.91% 3.88% 3.77% 3.55% 4.05% 3.48% 3.01% 2.60%
R&D to Revenue
1.35% 1.30% 1.49% 1.10% 0.99% 1.12% 1.40% 1.37% 1.01% 0.00%
Operating Expenses to Revenue
88.28% 83.02% 83.21% 84.16% 84.38% 86.70% 86.30% 86.87% 89.74% 90.33%
Earnings before Interest and Taxes (EBIT)
288 541 521 455 368 268 251 217 124 79
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
407 653 623 540 436 324 297 252 163 132
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
65.04 76.27 5.39 7.08 8.81 8.29 7.85 14.89 50.16 166.93
Price to Tangible Book Value (P/TBV)
0.00 0.00 27.86 11.86 18.13 23.02 45.26 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.89 1.19 0.85 1.37 1.33 1.02 0.84 0.94 0.57 0.51
Price to Earnings (P/E)
25.94 15.86 11.77 18.45 19.66 18.57 15.32 17.23 28.78 42.16
Dividend Yield
0.83% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
3.86% 6.30% 8.50% 5.42% 5.09% 5.39% 6.53% 5.80% 3.47% 2.37%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.49 7.11
Enterprise Value to Revenue (EV/Rev)
0.71 1.03 0.55 0.98 0.91 0.67 0.52 0.52 0.62 0.59
Enterprise Value to EBITDA (EV/EBITDA)
8.79 7.89 4.36 8.25 8.42 7.95 6.09 6.80 11.56 11.82
Enterprise Value to EBIT (EV/EBIT)
12.43 9.52 5.22 9.79 9.98 9.62 7.21 7.89 15.20 19.75
Enterprise Value to NOPAT (EV/NOPAT)
16.23 12.72 7.08 12.77 13.10 12.25 9.05 8.87 25.91 37.51
Enterprise Value to Operating Cash Flow (EV/OCF)
12.83 9.55 5.47 20.44 6.73 5.47 0.00 2.83 9.82 10.33
Enterprise Value to Free Cash Flow (EV/FCFF)
10.54 11.68 16.11 24.65 7.91 7.66 0.00 1.14 14.70 12.67
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
14.62 14.40 0.69 0.56 0.69 0.92 1.10 2.05 13.11 61.12
Long-Term Debt to Equity
13.54 13.00 0.69 0.56 0.65 0.88 1.04 1.86 12.06 57.04
Financial Leverage
-11.62 -2.65 -1.96 -2.32 -2.80 -2.93 -4.28 -5.09 7.90 -30.45
Leverage Ratio
53.14 8.37 4.08 4.27 5.35 6.10 8.65 19.45 97.20 -250.77
Compound Leverage Factor
41.70 7.75 3.77 4.14 5.19 6.14 8.31 17.93 81.52 -190.45
Debt to Total Capital
93.60% 93.51% 40.93% 35.97% 40.84% 48.03% 52.41% 67.25% 92.92% 98.39%
Short-Term Debt to Total Capital
6.96% 9.08% 0.00% 0.00% 2.14% 2.41% 2.79% 6.36% 7.49% 6.57%
Long-Term Debt to Total Capital
86.64% 84.43% 40.93% 35.97% 38.69% 45.62% 49.62% 60.89% 85.43% 91.82%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
6.40% 6.49% 59.07% 64.03% 59.16% 51.97% 47.59% 32.75% 7.09% 1.61%
Debt to EBITDA
2.48 1.72 0.86 0.92 0.96 1.35 1.39 1.68 2.82 3.74
Net Debt to EBITDA
-2.23 -1.22 -2.34 -3.30 -3.84 -4.19 -3.81 -5.38 0.79 1.60
Long-Term Debt to EBITDA
2.29 1.55 0.86 0.92 0.91 1.29 1.32 1.52 2.59 3.49
Debt to NOPAT
4.58 2.77 1.40 1.42 1.49 2.09 2.07 2.19 6.31 11.87
Net Debt to NOPAT
-4.12 -1.97 -3.80 -5.11 -5.97 -6.46 -5.67 -7.02 1.77 5.08
Long-Term Debt to NOPAT
4.24 2.50 1.40 1.42 1.42 1.98 1.96 1.98 5.80 11.08
Altman Z-Score
1.85 2.52 2.93 3.65 3.09 2.75 2.59 2.22 1.92 1.52
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.07 1.05 1.17 1.40 1.16 1.14 1.16 1.13 1.11 1.08
Quick Ratio
0.25 0.33 0.41 0.65 0.33 0.35 0.42 0.37 0.13 0.11
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
339 441 169 181 464 336 -191 1,506 128 123
Operating Cash Flow to CapEx
357.69% 718.67% 887.50% 545.00% 1,516.67% 1,046.67% -241.86% 1,594.74% 480.00% 794.74%
Free Cash Flow to Firm to Interest Expense
5.48 11.02 4.33 9.04 22.11 16.02 -8.68 75.31 6.41 6.48
Operating Cash Flow to Interest Expense
4.50 13.48 12.74 10.90 26.00 22.43 -4.73 30.30 9.60 7.95
Operating Cash Flow Less CapEx to Interest Expense
3.24 11.60 11.31 8.90 24.29 20.29 -6.68 28.40 7.60 6.95
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.29 1.40 1.45 1.43 1.39 1.49 1.39 1.40 1.46 1.20
Accounts Receivable Turnover
11.95 11.63 12.53 13.91 14.46 12.66 11.07 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
374.30 243.61 204.46 88.16 49.20 47.02 47.02 50.78 63.19 75.82
Accounts Payable Turnover
3.45 3.32 3.29 3.88 6.47 6.45 4.40 5.20 10.58 14.22
Days Sales Outstanding (DSO)
30.56 31.39 29.12 26.25 25.24 28.82 32.98 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
105.66 109.98 110.83 94.02 56.42 56.61 82.88 70.26 34.49 25.67
Cash Conversion Cycle (CCC)
-75.10 -78.58 -81.70 -67.77 -31.18 -27.79 -49.90 -70.26 -34.49 -25.67
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
-840 -721 -685 -900 -1,068 -884 -758 -1,149 164 219
Invested Capital Turnover
-6.47 -7.10 -6.19 -4.61 -4.13 -4.70 -3.67 -6.65 15.96 10.22
Increase / (Decrease) in Invested Capital
-119 -36 215 168 -184 -126 391 -1,313 -55 -82
Enterprise Value (EV)
3,579 5,150 2,718 4,455 3,672 2,577 1,809 1,712 1,885 1,560
Market Capitalization
4,488 5,949 4,178 6,236 5,347 3,936 2,942 3,067 1,756 1,349
Book Value per Share
$1.39 $1.54 $12.45 $13.40 $9.11 $6.80 $5.32 $2.96 $0.51 $0.12
Tangible Book Value per Share
($11.05) ($11.01) $2.41 $8.00 $4.43 $2.45 $0.92 ($1.57) ($4.14) ($4.68)
Total Capital
1,078 1,201 1,312 1,376 1,026 914 788 629 494 502
Total Debt
1,009 1,123 537 495 419 439 413 423 459 494
Total Long-Term Debt
934 1,014 537 495 397 417 391 383 422 461
Net Debt
-909 -799 -1,460 -1,781 -1,675 -1,359 -1,133 -1,355 129 211
Capital Expenditures (CapEx)
78 75 56 40 36 45 43 38 40 19
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,499 -1,397 -1,355 -1,242 -1,434 -1,211 -981 -1,342 -6.00 -35
Debt-free Net Working Capital (DFNWC)
274 224 338 700 312 250 243 274 193 145
Net Working Capital (NWC)
199 115 338 700 290 228 221 234 156 112
Net Nonoperating Expense (NNE)
47 30 29 11 8.38 -1.57 7.97 15 12 9.60
Net Nonoperating Obligations (NNO)
-909 -799 -1,460 -1,781 -1,675 -1,359 -1,133 -1,355 129 211
Total Depreciation and Amortization (D&A)
119 112 102 85 68 56 46 35 39 53
Debt-free, Cash-free Net Working Capital to Revenue
-29.67% -27.97% -27.61% -27.36% -35.55% -31.41% -28.00% -40.98% -0.20% -1.33%
Debt-free Net Working Capital to Revenue
5.42% 4.49% 6.89% 15.42% 7.73% 6.48% 6.94% 8.37% 6.31% 5.47%
Net Working Capital to Revenue
3.94% 2.30% 6.89% 15.42% 7.19% 5.91% 6.31% 7.15% 5.10% 4.23%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.47 $6.61 $5.66 $5.13 $4.03 $3.04 $2.72 $2.57 $0.88 $0.45
Adjusted Weighted Average Basic Shares Outstanding
50M 57M 63M 66M 67M 70M 70.39M 69.18M 70.16M 70.23M
Adjusted Diluted Earnings per Share
$3.43 $6.56 $5.61 $5.07 $3.99 $2.99 $2.65 $2.49 $0.85 $0.44
Adjusted Weighted Average Diluted Shares Outstanding
50M 57M 64M 67M 68M 71M 72.30M 71.39M 71.97M 72.62M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
49.53M 50.57M 59.98M 65.70M 65.99M 68.75M 70.17M 70.06M 68.27M 70.71M
Normalized Net Operating Profit after Tax (NOPAT)
220 405 384 349 280 210 200 193 73 42
Normalized NOPAT Margin
4.36% 8.11% 7.82% 7.68% 6.95% 5.46% 5.71% 5.90% 2.38% 1.56%
Pre Tax Income Margin
4.47% 10.03% 9.82% 9.71% 8.85% 7.00% 6.88% 6.11% 3.40% 2.26%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
4.65 13.53 13.36 22.75 17.52 12.76 11.41 10.85 6.20 4.16
NOPAT to Interest Expense
3.56 10.12 9.84 17.44 13.35 10.02 9.09 9.66 3.64 2.19
EBIT Less CapEx to Interest Expense
3.39 11.65 11.92 20.75 15.81 10.62 9.45 8.95 4.20 3.16
NOPAT Less CapEx to Interest Expense
2.30 8.25 8.40 15.44 11.64 7.88 7.13 7.76 1.64 1.19
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
21.39% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
127.17% 299.20% 147.32% 27.81% 65.44% 66.04% 31.77% 24.72% 124.59% 153.13%

Quarterly Metrics And Ratios for TriNet Group

This table displays calculated financial ratios and metrics derived from TriNet Group's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
0.78% 0.68% 1.23% 1.41% 1.44% 5.53% -1.53% 0.75% 2.30% 1.30% 8.10%
EBITDA Growth
-5.88% -114.55% -40.94% -11.38% -24.12% 161.90% 1.36% -24.54% -12.72% -59.22% 15.75%
EBIT Growth
-7.26% -82.39% -50.00% -17.53% -27.81% 103.85% -3.33% -18.49% -17.16% -14.29% 14.29%
NOPAT Growth
-6.59% -84.18% -48.83% -18.30% -27.21% 112.87% -1.98% -16.82% -17.41% -20.30% 14.29%
Net Income Growth
-6.59% -134.33% -52.13% -27.71% -30.53% 42.55% 22.08% -2.35% -10.27% -31.88% 0.00%
EPS Growth
-3.93% -131.88% -45.40% -13.04% -17.97% 66.27% 33.61% 2.22% -1.81% -19.42% 5.17%
Operating Cash Flow Growth
4.40% -4.64% 71.82% -185.42% -58.44% 38.24% -124.49% 261.80% -135.98% 79.91% -128.16%
Free Cash Flow Firm Growth
-66.67% -13.31% -320.41% -287.74% 212.06% 201.95% 111.67% 255.14% -206.88% 0.00% -214.02%
Invested Capital Growth
11.18% -16.50% 44.53% 47.97% 0.20% -5.26% 16.21% -5.73% 29.06% 23.89% 54.33%
Revenue Q/Q Growth
-2.56% 7.19% 0.90% -3.01% 1.53% 7.77% 1.08% -2.97% 1.63% 0.56% 3.42%
EBITDA Q/Q Growth
1,000.00% -118.18% -19.27% -27.81% 251.16% -26.17% 21.14% -38.19% 342.22% -71.43% -9.82%
EBIT Q/Q Growth
310.71% -51.72% -27.50% -34.43% 40.23% 37.07% 19.59% -42.60% 201.79% -35.00% 0.84%
NOPAT Q/Q Growth
333.67% -56.44% -24.06% -33.81% 32.09% 40.87% 21.24% -41.03% 194.40% -35.13% 2.88%
Net Income Q/Q Growth
469.57% -151.11% -25.00% -34.07% 35.82% -28.72% 13.25% -36.64% 178.72% -38.96% -9.41%
EPS Q/Q Growth
488.64% -149.44% -25.83% -32.58% 28.99% -15.34% 18.12% -36.41% 161.45% -31.97% -9.63%
Operating Cash Flow Q/Q Growth
-82.88% 1,890.32% 74.80% -0.82% -120.75% 629.09% -176.39% 287.01% -115.84% 959.18% 44.94%
Free Cash Flow Firm Q/Q Growth
-78.36% 280.00% 59.20% -313.19% -14.69% 357.62% -65.25% 227.25% 54.39% 47.61% -361.86%
Invested Capital Q/Q Growth
47.98% -452.63% 43.49% 45.33% 31.76% -163.14% 47.00% -4.87% 28.03% -109.48% 33.13%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
94.50% 94.27% 94.02% 93.88% 93.75% 94.23% 93.94% 93.47% 93.74% 93.75% 93.63%
EBITDA Margin
11.15% -1.21% 7.11% 8.89% 11.95% 8.35% 12.19% 10.17% 15.97% 3.37% 11.85%
Operating Margin
8.90% 2.11% 4.69% 6.53% 9.65% 12.07% 9.49% 8.02% 13.56% 6.25% 9.67%
EBIT Margin
8.90% 2.11% 4.69% 6.53% 9.65% 12.07% 9.49% 8.02% 13.56% 6.25% 9.67%
Profit (Net Income) Margin
6.58% -1.73% 3.64% 4.89% 7.20% 5.09% 7.69% 6.87% 10.51% 3.77% 6.20%
Tax Burden Percent
73.91% 62.16% 77.59% 74.07% 73.39% 77.91% 75.81% 74.77% 72.78% 74.60% 74.76%
Interest Burden Percent
100.00% -132.14% 100.00% 101.25% 101.64% 54.09% 106.90% 114.43% 106.51% 80.77% 85.83%
Effective Tax Rate
26.09% 0.00% 22.41% 25.93% 26.61% 22.09% 24.19% 25.23% 27.22% 25.40% 25.24%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
162.14% 235.37% 378.42% 61.48% 69.21% 87.93% 81.99% 40.29% 44.74% 42.87% 45.29%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
11.64% 2.73% 6.96% 9.25% 12.38% 16.90% 15.40% 12.47% 19.20% 9.08% 15.39%
Return on Assets (ROA)
8.60% -2.24% 5.40% 6.94% 9.23% 7.12% 12.48% 10.67% 14.89% 5.47% 9.87%
Return on Common Equity (ROCE)
162.14% 235.37% 378.42% 61.48% 69.21% 87.93% 81.99% 40.29% 44.74% 42.87% 45.29%
Return on Equity Simple (ROE_SIMPLE)
265.08% 0.00% 203.88% 312.00% 234.27% 0.00% 3,550.00% 36.94% 41.21% 0.00% 44.04%
Net Operating Profit after Tax (NOPAT)
85 20 45 59 90 124 88 73 123 58 90
NOPAT Margin
6.58% 1.48% 3.64% 4.83% 7.08% 9.41% 7.20% 6.00% 9.87% 4.66% 7.23%
Net Nonoperating Expense Percent (NNEP)
0.00% -4.99% 0.00% 0.08% 0.15% -5.04% 0.83% 0.78% 0.59% -0.69% -0.94%
Return On Investment Capital (ROIC_SIMPLE)
7.94% 1.82% - - - 10.31% - - - 4.44% -
Cost of Revenue to Revenue
5.50% 5.73% 5.98% 6.12% 6.25% 5.77% 6.06% 6.53% 6.26% 6.25% 6.37%
SG&A Expenses to Revenue
3.56% 6.86% 3.72% 3.83% 3.80% 4.33% 4.17% 4.96% 3.45% 6.09% 5.08%
R&D to Revenue
1.55% 1.21% 1.37% 1.39% 1.42% 1.21% 1.23% 1.41% 1.36% 1.52% 1.45%
Operating Expenses to Revenue
85.60% 92.16% 89.33% 87.36% 84.10% 82.16% 84.45% 85.44% 80.18% 87.50% 83.96%
Earnings before Interest and Taxes (EBIT)
115 28 58 80 122 159 116 97 169 78 120
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
144 -16 88 109 151 110 149 123 199 42 147
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
62.08 65.04 37.24 50.44 46.68 76.27 690.33 6.14 5.84 5.39 5.15
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.92 23.14 27.86 15.14
Price to Revenue (P/Rev)
0.77 0.89 0.97 1.02 1.35 1.19 1.41 1.14 0.98 0.85 0.90
Price to Earnings (P/E)
23.42 25.94 18.27 16.17 19.93 15.86 19.45 16.62 14.16 11.77 11.68
Dividend Yield
1.27% 0.83% 0.52% 0.25% 0.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
4.27% 3.86% 5.47% 6.19% 5.02% 6.30% 5.14% 6.02% 7.06% 8.50% 8.56%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.67 0.71 0.91 0.94 1.22 1.03 1.35 0.85 0.71 0.55 0.66
Enterprise Value to EBITDA (EV/EBITDA)
8.57 8.79 11.72 10.46 13.10 7.89 12.83 8.14 6.31 4.36 5.12
Enterprise Value to EBIT (EV/EBIT)
12.23 12.43 13.04 11.54 14.31 9.52 15.11 9.47 7.53 5.22 6.03
Enterprise Value to NOPAT (EV/NOPAT)
15.89 16.23 17.30 15.35 19.01 12.72 20.35 12.80 10.24 7.08 8.08
Enterprise Value to Operating Cash Flow (EV/OCF)
12.05 12.83 14.50 20.06 12.08 9.55 14.94 8.31 12.90 5.47 10.39
Enterprise Value to Free Cash Flow (EV/FCFF)
21.36 10.54 32.43 82.77 19.07 11.68 24.31 11.79 25.07 16.11 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
15.98 14.62 8.51 10.92 7.83 14.40 109.10 0.54 0.96 0.69 0.58
Long-Term Debt to Equity
14.81 13.54 7.93 10.08 7.07 13.00 109.10 0.54 0.60 0.69 0.58
Financial Leverage
-5.51 -11.62 -4.06 -1.77 -2.02 -2.65 -1.69 -1.60 -1.78 -1.96 -1.63
Leverage Ratio
37.59 53.14 48.17 6.89 7.96 8.37 6.98 3.77 4.57 4.08 3.69
Compound Leverage Factor
37.59 -70.22 48.17 6.98 8.09 4.52 7.46 4.32 4.86 3.29 3.17
Debt to Total Capital
94.11% 93.60% 89.49% 91.61% 88.68% 93.51% 99.09% 35.15% 48.95% 40.93% 36.69%
Short-Term Debt to Total Capital
6.92% 6.96% 6.11% 7.05% 8.63% 9.08% 0.00% 0.00% 18.26% 0.00% 0.00%
Long-Term Debt to Total Capital
87.20% 86.64% 83.37% 84.56% 80.05% 84.43% 99.09% 35.15% 30.69% 40.93% 36.69%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
5.89% 6.40% 10.51% 8.39% 11.32% 6.49% 0.91% 64.85% 51.05% 59.07% 63.31%
Debt to EBITDA
2.53 2.48 2.84 2.44 2.43 1.72 2.11 0.97 1.43 0.86 0.79
Net Debt to EBITDA
-1.26 -2.23 -0.73 -0.83 -1.38 -1.22 -0.55 -2.79 -2.38 -2.34 -1.88
Long-Term Debt to EBITDA
2.34 2.29 2.65 2.26 2.19 1.55 2.11 0.97 0.90 0.86 0.79
Debt to NOPAT
4.69 4.58 4.20 3.59 3.53 2.77 3.35 1.52 2.32 1.40 1.24
Net Debt to NOPAT
-2.33 -4.12 -1.07 -1.21 -2.00 -1.97 -0.87 -4.38 -3.86 -3.80 -2.97
Long-Term Debt to NOPAT
4.35 4.24 3.91 3.31 3.18 2.50 3.35 1.52 1.45 1.40 1.24
Altman Z-Score
1.77 1.64 1.90 1.94 2.15 2.18 2.80 3.18 2.55 2.51 3.07
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.08 1.07 1.07 1.04 1.06 1.05 1.09 1.28 1.18 1.17 1.29
Quick Ratio
0.32 0.25 0.34 0.30 0.32 0.33 0.39 0.55 0.53 0.41 0.61
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
30 139 -77 -189 89 160 35 101 -79 -157 -299
Operating Cash Flow to CapEx
593.75% 3,083.33% -124.00% -723.53% -677.78% 2,771.43% -550.00% 847.06% -452.94% 2,476.47% -376.92%
Free Cash Flow to Firm to Interest Expense
0.00 9.24 -5.13 -11.80 5.53 9.40 3.49 16.76 -11.29 -22.40 -13.60
Operating Cash Flow to Interest Expense
0.00 37.00 -2.07 -7.69 -7.63 34.24 -11.00 24.00 -11.00 60.14 -2.23
Operating Cash Flow Less CapEx to Interest Expense
0.00 35.80 -3.73 -8.75 -8.75 33.00 -13.00 21.17 -13.43 57.71 -2.82
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.31 1.29 1.49 1.42 1.28 1.40 1.62 1.55 1.42 1.45 1.59
Accounts Receivable Turnover
10.36 11.95 10.46 11.25 11.44 11.63 12.30 14.08 13.78 12.53 14.28
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
421.92 374.30 331.47 230.56 214.78 243.61 92.51 87.12 86.96 204.46 58.23
Accounts Payable Turnover
2.90 3.45 3.18 3.29 2.44 3.32 2.68 3.02 2.51 3.29 3.10
Days Sales Outstanding (DSO)
35.22 30.56 34.91 32.44 31.92 31.39 29.67 25.92 26.49 29.12 25.56
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
125.78 105.66 114.66 111.06 149.32 109.98 136.43 120.89 145.53 110.83 117.58
Cash Conversion Cycle (CCC)
-90.56 -75.10 -79.76 -78.63 -117.40 -78.58 -106.77 -94.97 -119.05 -81.70 -92.02
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
-437 -840 -152 -269 -492 -721 -274 -517 -493 -685 -327
Invested Capital Turnover
-10.90 -6.47 -23.34 -12.61 -10.03 -7.10 -16.32 -9.79 -8.27 -6.19 -9.38
Increase / (Decrease) in Invested Capital
55 -119 122 248 1.00 -36 53 -28 202 215 389
Enterprise Value (EV)
3,411 3,579 4,523 4,675 6,040 5,150 6,619 4,186 3,496 2,718 3,222
Market Capitalization
3,911 4,488 4,804 5,044 6,675 5,949 6,903 5,618 4,814 4,178 4,405
Book Value per Share
$1.27 $1.39 $2.60 $1.98 $2.80 $1.54 $0.17 $15.40 $13.75 $12.45 $13.78
Tangible Book Value per Share
($10.98) ($11.05) ($10.31) ($10.64) ($9.67) ($11.01) ($10.41) $5.00 $3.47 $2.41 $4.68
Total Capital
1,070 1,078 1,227 1,192 1,263 1,201 1,101 1,411 1,616 1,312 1,352
Total Debt
1,007 1,009 1,098 1,092 1,120 1,123 1,091 496 791 537 496
Total Long-Term Debt
933 934 1,023 1,008 1,011 1,014 1,091 496 496 537 496
Net Debt
-500 -909 -281 -369 -635 -799 -284 -1,432 -1,318 -1,460 -1,183
Capital Expenditures (CapEx)
16 18 25 17 18 21 20 17 17 17 13
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,088 -1,499 -841 -955 -1,162 -1,397 -928 -1,155 -1,123 -1,355 -942
Debt-free Net Working Capital (DFNWC)
285 274 240 187 280 224 150 470 689 338 444
Net Working Capital (NWC)
211 199 165 103 171 115 150 470 394 338 444
Net Nonoperating Expense (NNE)
0.00 43 0.00 -0.74 -1.47 57 -6.06 -10 -8.01 11 13
Net Nonoperating Obligations (NNO)
-500 -909 -281 -369 -635 -799 -284 -1,432 -1,318 -1,460 -1,183
Total Depreciation and Amortization (D&A)
29 -44 30 29 29 -49 33 26 30 -36 27
Debt-free, Cash-free Net Working Capital to Revenue
-21.49% -29.67% -16.91% -19.27% -23.52% -27.97% -18.93% -23.47% -22.86% -27.61% -19.26%
Debt-free Net Working Capital to Revenue
5.63% 5.42% 4.83% 3.77% 5.67% 4.49% 3.06% 9.55% 14.02% 6.89% 9.08%
Net Working Capital to Revenue
4.17% 3.94% 3.32% 2.08% 3.46% 2.30% 3.06% 9.55% 8.02% 6.89% 9.08%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.72 ($0.44) $0.90 $1.21 $1.80 $1.38 $1.65 $1.40 $2.18 $0.84 $1.23
Adjusted Weighted Average Basic Shares Outstanding
49M 50M 50M 50M 51M 57M 57M 60M 60M 63M 62M
Adjusted Diluted Earnings per Share
$1.71 ($0.44) $0.89 $1.20 $1.78 $1.38 $1.63 $1.38 $2.17 $0.83 $1.22
Adjusted Weighted Average Diluted Shares Outstanding
49M 50M 50M 51M 51M 57M 58M 60M 60M 64M 63M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
48.40M 49.53M 49.58M 49.67M 50.56M 50.57M 50.51M 59.68M 59.41M 59.98M 62.23M
Normalized Net Operating Profit after Tax (NOPAT)
85 20 45 59 90 124 88 73 123 58 90
Normalized NOPAT Margin
6.58% 1.48% 3.64% 4.83% 7.08% 9.41% 7.20% 6.00% 9.87% 4.66% 7.23%
Pre Tax Income Margin
8.90% -2.79% 4.69% 6.61% 9.81% 6.53% 10.15% 9.18% 14.45% 5.05% 8.30%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 1.87 3.87 5.00 7.63 9.35 11.60 16.17 24.14 11.14 5.45
NOPAT to Interest Expense
0.00 1.31 3.00 3.70 5.60 7.29 8.79 12.09 17.57 8.31 4.08
EBIT Less CapEx to Interest Expense
0.00 0.67 2.20 3.94 6.50 8.12 9.60 13.33 21.71 8.71 4.86
NOPAT Less CapEx to Interest Expense
0.00 0.11 1.33 2.64 4.47 6.05 6.79 9.26 15.14 5.88 3.49
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
29.34% 21.39% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
179.04% 127.17% 63.88% 371.47% 314.63% 299.20% 351.83% 70.71% 77.65% 147.32% 101.59%

Frequently Asked Questions About TriNet Group's Financials

When does TriNet Group's fiscal year end?

According to the most recent income statement we have on file, TriNet Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has TriNet Group's net income changed over the last 9 years?

TriNet Group's net income appears to be on an upward trend, with a most recent value of $173 million in 2024, rising from $32 million in 2015. The previous period was $375 million in 2023. View TriNet Group's forecast to see where analysts expect TriNet Group to go next.

What is TriNet Group's operating income?
TriNet Group's total operating income in 2024 was $288 million, based on the following breakdown:
  • Total Gross Profit: $4.75 billion
  • Total Operating Expenses: $4.46 billion
How has TriNet Group revenue changed over the last 9 years?

Over the last 9 years, TriNet Group's total revenue changed from $2.66 billion in 2015 to $5.05 billion in 2024, a change of 90.0%.

How much debt does TriNet Group have?

TriNet Group's total liabilities were at $4.05 billion at the end of 2024, a 12.0% increase from 2023, and a 94.3% increase since 2015.

How much cash does TriNet Group have?

In the past 9 years, TriNet Group's cash and equivalents has ranged from $166.18 million in 2015 to $612 million in 2021, and is currently $360 million as of their latest financial filing in 2024.

How has TriNet Group's book value per share changed over the last 9 years?

Over the last 9 years, TriNet Group's book value per share changed from 0.12 in 2015 to 1.39 in 2024, a change of 1,106.1%.



This page (NYSE:TNET) was last updated on 5/28/2025 by MarketBeat.com Staff
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