TriNet Group Inc

TriNet Group Inc

TNET · NYSE · Industrials / Staffing & Employment Services

65.88USD+0.54 (+0.83%)

Price History

Full chart

Market Stats

Previous Close65.34
Open65.91
Day Range65.26 – 66.67
52-Week Range33.15 – 73.08
Volume163.07K
Market Cap2.99B
P/E (TTM)17.27
Forward P/E11.70
EPS3.77
Dividend Yield1.78%
Beta0.93
50-Day Avg67.11
200-Day Avg52.40

About

TriNet Group, Inc. provides comprehensive human capital management services for small and medium-sized businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers' compensation insurance and claims management; employment and benefits law compliance; and other HR related services. It also provides a technology platform, an online and mobile tool that allows users to store, view, and manage HR information and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization and administrative services offering clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.

Company Details

  • SectorIndustrials
  • IndustryStaffing & Employment Services
  • CEOMr. Michael Quinn Simonds
  • Employees302.95K
  • HeadquartersOne Park Place, Dublin, CA, United States, 94568, USA
  • Websitehttps://www.trinet.com

Leadership

  • Mr. Michael Quinn SimondsPresident, CEO & Director · b. 1973
  • Ms. Mala MurthyExecutive VP & CFO · b. 1964
  • Mr. Jeffery HaywardExecutive VP and Chief Service & Technology Officer · b. 1971
  • Mr. Jay VenkatExecutive Vice President of Strategy, Products & Transformation · b. 1978
  • Mr. Anthony Shea TreadwaySenior VP & Chief Revenue Officer · b. 1980
  • Mr. Alex BauerExecutive Director of Investor Relations
  • Mr. Sidney A. MajalyaSenior VP, Chief Legal Officer & Secretary · b. 1972
  • Ms. Catherine Mary WraggChief People Officer · b. 1971
  • Timothy TorresChief Security Officer
  • Ms. Elizabeth J. ReevesChief Product Officer · b. 1964

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue840.39M1.02B1.64B2.19B2.66B3.06B3.27B3.50B3.86B4.03B4.54B4.88B4.92B5.05B5.01B
Growth (%)-+21.26%+61.35%+33.40%+21.23%+15.08%+7.02%+6.96%+10.08%+4.62%+12.54%+7.60%+0.76%+2.66%-0.85%
Cost of Revenue710.48M813.59M1.33B1.82B2.26B2.60B2.68B2.84B3.17B3.24B3.60B3.77B3.82B4.10B4.12B
Gross Profit129.91M205.47M311.03M372.96M396.22M456.12M596.00M664.00M684.00M793.00M937.00M1.12B1.10B952.00M886.00M
Gross Margin15.46%20.16%18.92%17.00%14.90%14.90%18.20%18.96%17.74%19.66%20.64%22.91%22.39%18.84%17.68%
Operating Expense109.10M143.65M244.69M286.17M317.90M332.16M379.00M413.00M416.00M425.00M482.00M620.00M633.00M664.00M613.00M
Operating Income20.81M61.83M66.34M86.79M78.32M123.96M217.00M251.00M268.00M368.00M455.00M499.00M469.00M288.00M273.00M
Operating Margin2.48%6.07%4.03%3.96%2.95%4.05%6.63%7.17%6.95%9.12%10.02%10.21%9.53%5.70%5.45%
EBITDA42.52M91.00M129.91M171.67M133.02M153.00M253.00M303.00M358.00M446.00M520.00M610.00M662.00M374.00M346.00M
EBITDA Margin5.06%8.93%7.90%7.83%5.00%5.00%7.73%8.65%9.28%11.06%11.45%12.49%13.45%7.40%6.91%
Net Income14.76M31.83M13.15M15.50M31.70M61.41M178.00M192.00M212.00M272.00M338.00M355.00M375.00M173.00M155.00M
Net Income Margin1.76%3.12%0.80%0.71%1.19%2.01%5.44%5.48%5.50%6.74%7.44%7.27%7.62%3.42%3.09%
R&D15.65M16.72M19.95M26.10M27.56M31.44M45.00M49.00M43.00M40.00M50.00M73.00M65.00M68.00M71.00M
R&D as % of Total Revenue1.86%1.64%1.21%1.19%1.04%1.03%1.37%1.40%1.12%0.99%1.10%1.49%1.32%1.35%1.42%
Interest Expense751.00K9.71M45.72M54.19M19.00M20.00M20.00M22.00M21.00M21.00M20.00M39.00M40.00M62.00M56.00M
Interest Expense % of Total Revenue0.09%0.95%2.78%2.47%0.71%0.65%0.61%0.63%0.54%0.52%0.44%0.80%0.81%1.23%1.12%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--887.73M1.43B2.35B2.10B2.10B2.59B2.44B2.75B3.04B3.31B3.44B3.69B4.12B3.80B
Total Liabilities--953.28M1.71B2.37B2.09B2.06B2.39B2.06B2.27B2.44B2.43B2.67B3.62B4.05B3.74B
Total Equity---65.56M-270.36M-25.76M8.08M34.59M206.00M375.00M475.00M607.00M881.00M775.00M78.00M69.00M54.00M
Cash--63.75M94.36M134.34M166.18M184.00M336.00M228.00M1.39B301.00M612.00M354.00M287.00M360.00M287.00M
Total Debt--301.33M818.88M545.15M499.72M459.05M423.00M413.00M456.00M430.00M547.00M552.00M1.14B1.02B942.00M
Net Debt--237.59M724.52M410.81M333.54M275.05M87.00M185.00M-937.00M129.00M-65.00M198.00M850.00M662.00M655.00M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow46.57M80.54M100.72M153.84M130.60M144.53M253.00M-104.00M471.00M546.00M218.00M562.00M545.00M279.00M303.00M
Investing Cash Flow-7.15M-262.61M-212.44M-45.43M-37.69M-27.12M-24.00M-200.00M-188.00M-151.00M-135.00M-226.00M-70.00M153.00M-43.00M
Financing Cash Flow-53.33M214.19M142.38M-68.31M-60.75M-99.37M-77.00M-85.00M-176.00M-208.00M12.00M-536.00M-546.00M-207.00M-49.00M
Capital Expenditure7.15M9.66M10.69M20.55M18.56M39.65M38.00M43.00M45.00M36.00M40.00M56.00M75.00M78.00M3.00M
Free Cash Flow39.42M70.88M90.03M133.29M112.04M104.88M215.00M-147.00M426.00M510.00M178.00M506.00M470.00M201.00M306.00M
Dividends Paid50.88M75.35M357.58M0057.98M0210.00M-234.00M500.00M17.00M1.18B37.00M52.00M
FCF to OCF84.64%88.01%89.39%86.64%85.79%72.57%84.98%141.35%90.45%93.41%81.65%90.04%86.24%72.04%100.99%
Dividend Paid to FCF129.08%106.30%397.18%0.00%0.00%55.28%0.00%-142.86%-45.88%280.90%3.36%251.49%18.41%16.99%

Earnings

Report DateMay 6, 2014Aug 4, 2014Nov 4, 2014Mar 3, 2015May 5, 2015Aug 3, 2015Nov 2, 2015Feb 29, 2016May 2, 2016Aug 1, 2016Nov 1, 2016Feb 28, 2017May 2, 2017Jul 31, 2017Nov 2, 2017Feb 27, 2018Apr 30, 2018Jul 30, 2018Oct 29, 2018Feb 14, 2019Apr 29, 2019Jul 25, 2019Oct 24, 2019Feb 13, 2020Apr 28, 2020Jul 27, 2020Oct 26, 2020Feb 16, 2021Apr 26, 2021Jul 26, 2021Oct 25, 2021Feb 14, 2022Apr 26, 2022Jul 26, 2022Oct 25, 2022Feb 15, 2023Apr 26, 2023Jul 26, 2023Oct 25, 2023Feb 15, 2024Apr 26, 2024Jul 26, 2024Oct 25, 2024Feb 13, 2025Apr 25, 2025Jul 25, 2025Oct 29, 2025Feb 12, 2026Apr 30, 2026Jul 30, 2026Nov 4, 2026
EPS Estimate-0.220.260.370.330.270.180.310.250.250.270.360.320.270.250.470.650.670.550.520.870.700.810.840.911.090.160.261.300.810.790.541.911.151.020.362.001.311.391.182.461.301.320.241.601.030.780.401.860.720.40
EPS Actual0.030.240.280.260.350.140.190.310.270.270.290.380.450.520.560.460.800.870.750.590.980.700.810.841.412.030.560.441.661.561.311.132.551.721.641.112.491.741.911.602.161.531.170.441.991.151.110.462.481.26-
Surprise-9.09%7.69%-29.73%6.06%-48.15%5.56%0.00%8.00%8.00%7.41%5.56%40.63%92.59%124.00%-2.13%23.08%29.85%36.36%13.46%12.64%0.00%0.00%0.00%54.95%86.24%250.00%69.23%27.69%92.59%65.82%109.26%33.51%49.57%60.78%208.33%24.50%32.82%37.41%35.59%-12.20%17.69%-11.36%86.60%24.38%11.65%42.31%15.00%33.33%75.00%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap2.99B
Enterprise Value3.59B
Trailing P/E17.27
Forward P/E11.70
PEG Ratio7.22
Price / Sales0.62
Price / Book23.96
EPS3.77
Book Value1.80
Revenue (TTM)4.83B
Gross Profit (TTM)855.00M
EBITDA267.00M
Profit Margin3.63%
Operating Margin6.43%
Return on Equity150.86%
Return on Assets4.35%
Shares Outstanding45.90M
Shares Float26.89M
Beta0.93
Dividend Yield1.78%
Dividend Rate1.16
Payout Ratio21.56%

Analyst Ratings

Hold
Based on 7 analystsTarget 66.20
  • Strong Buy
    2
  • Hold
    4
  • Sell
    1

Ownership Breakdown

Institutions
97.35%
Insiders
1.13%
Retail / Other
1.52%

Top Institutional Holders

  • Atairos Group, Inc
    18.09M39.40%
  • BlackRock Inc
    2.43M5.29%
  • Earnest Partners LLC
    1.60M3.49%
  • Vanguard Portfolio Management, LLC
    1.43M3.11%
  • Vanguard Capital Management, LLC
    1.31M2.85%
  • Wellington Management Company LLP
    1.07M2.33%
  • American Century Companies Inc
    922.30K2.01%
  • Dimensional Fund Advisors, Inc.
    724.81K1.58%
  • State Street Corp
    714.62K1.56%
  • Geode Capital Management, LLC
    713.13K1.55%
  • The Goldman Sachs Group Inc
    692.19K1.51%
  • Massachusetts Financial Services Company
    675.51K1.47%
  • Point72 Asset Management, L.P.
    574.99K1.25%
  • Frontier Capital Management CO Inc
    569.01K1.24%
  • Charles Schwab Investment Management Inc
    505.18K1.10%
  • Jacobs Levy Equity Management, Inc.
    499.26K1.09%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    803.19K1.75%
  • iShares Russell 2000 ETF
    723.68K1.58%
  • Vanguard Small Cap Index
    581.16K1.27%
  • American Century Small Cap Value Inv
    490.00K1.07%

Dividends

20264×
0.29Oct 1, 20260.29Jul 1, 20260.29Apr 1, 20260.28Jan 2, 2026
20254×
0.28Oct 1, 20250.28Jul 1, 20250.28Apr 1, 20250.25Jan 2, 2025
20243×
0.25Oct 1, 20240.25Jul 1, 20240.25Mar 28, 2024

Stock Splits

  • Jul 1, 20132:1