TRINET GROUP, INC.
TRINET GROUP, INC.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 358 | 340 | 287 | 321 | 407 | 349 | 360 | 251 | 177 | 298 | 287 | 170 | |||||
Restricted Cash And Investments Current | 1,039 | 1,122 | 1,694 | 1,108 | 1,101 | 1,024 | 1,413 | 780 | 893 | 1,059 | 1,269 | 833 | |||||
Short Term Investments | - | - | - | - | - | - | 0 | 50 | 72 | 85 | 65 | 75 | |||||
Accounts Receivable Net Current | 3 | 7 | 20 | 10 | 12 | 21 | 32 | 15 | 15 | 11 | 18 | 21 | |||||
Contract With Customer Asset Net Current | 428 | 451 | 264 | 476 | 487 | 478 | 349 | 511 | 485 | 467 | 447 | 404 | |||||
Prepaid Expense Current | 53 | 64 | 82 | 53 | 50 | 60 | 64 | 64 | 76 | 79 | 67 | 75 | |||||
Other Assets Current | 76 | 51 | 47 | 49 | 45 | 44 | 46 | 51 | 48 | 50 | 44 | 49 | |||||
Assets Current | 2,384 | 2,484 | 2,868 | 2,498 | 2,762 | 2,857 | 3,180 | 2,605 | 2,566 | 2,840 | 2,578 | 1,853 | |||||
Restricted Cash And Investments Noncurrent | 122 | 122 | 128 | 125 | 124 | 134 | 145 | 153 | 163 | 152 | 158 | 154 | |||||
Property Plant And Equipment Net | 27 | 22 | 11 | 11 | 10 | 9 | 10 | 14 | 14 | 15 | 17 | 16 | |||||
Operating Lease Right Of Use Asset | 40 | 38 | 36 | 37 | 39 | 22 | 24 | 30 | 21 | 22 | 24 | 24 | |||||
Investments And Other Noncurrent Assets | - | - | - | - | - | - | 0 | 145 | 156 | 161 | 143 | 143 | |||||
Goodwill | 465 | 461 | 461 | 461 | 461 | 461 | 461 | 462 | 462 | 462 | 462 | 462 | |||||
Intangible Assets Net Excluding Goodwill | 173 | 155 | 153 | 151 | 148 | 146 | 156 | 179 | 176 | 174 | 172 | 169 | |||||
Other Assets Noncurrent | 135 | 138 | 140 | 142 | 144 | 146 | 143 | 141 | 145 | 142 | 139 | 145 | |||||
Assets | 3,346 | 3,420 | 3,797 | 3,425 | 3,688 | 3,775 | 4,119 | 3,729 | 3,703 | 3,968 | 3,693 | 2,966 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable And Other Accrued Liabilities Cur… | 103 | 89 | 86 | 89 | 85 | 82 | 89 | 82 | 85 | 122 | 87 | 109 | |||||
Lines Of Credit Current | - | - | 0 | 0 | 90 | 74 | 75 | 75 | 84 | 109 | 109 | - | |||||
Contract With Customer Liability Current | 76 | 49 | 57 | 43 | 41 | 49 | 76 | 39 | 70 | 51 | 65 | 73 | |||||
Accrued Salaries Current | 547 | 542 | 555 | 549 | 562 | 544 | 580 | 566 | 558 | 537 | 515 | 458 | |||||
Workers Compensation Liability Current | 42 | 44 | 42 | 45 | 46 | 45 | 44 | 44 | 43 | 51 | 50 | 51 | |||||
Operating Lease Liability Current | 10 | 11 | 10 | 10 | 3 | 12 | 13 | 15 | 13 | 14 | 14 | 15 | |||||
Liabilities Current | 2,109 | 2,226 | 2,637 | 2,249 | 2,508 | 2,646 | 2,981 | 2,440 | 2,463 | 2,669 | 2,463 | 1,703 | |||||
Long Term Debt Noncurrent | 896 | 896 | 895 | 895 | 894 | 909 | 908 | 993 | 984 | 984 | 984 | 1,091 | |||||
Workers Compensation Liability Noncurrent | 104 | 109 | 106 | 110 | 109 | 111 | 110 | 107 | 107 | 120 | 120 | 122 | |||||
Deferred Income Tax Liabilities Net | 54 | 54 | 55 | 9 | 10 | 10 | 11 | 18 | 13 | 13 | 13 | 5 | |||||
Operating Lease Liability Noncurrent | 44 | 39 | 37 | 38 | 48 | 24 | 26 | 30 | 24 | 27 | 30 | 30 | |||||
Other Liabilities Noncurrent | 14 | 13 | 13 | 14 | 12 | 12 | 14 | 12 | 12 | 12 | 5 | 5 | |||||
Liabilities | 3,221 | 3,337 | 3,743 | 3,315 | 3,581 | 3,712 | 4,050 | 3,600 | 3,603 | 3,825 | 3,615 | 2,956 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stocks Including Additional Paid In Capital | 1,174 | 1,151 | 1,135 | 1,112 | 1,095 | 1,070 | 1,056 | 1,037 | 1,021 | 996 | 976 | 953 | |||||
Retained Earnings Accumulated Deficit | -1,046 | -1,066 | -1,081 | -1,002 | -988 | -1,006 | -984 | -910 | -916 | -848 | -896 | -935 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -3 | -2 | 0 | 0 | 0 | -1 | -3 | 2 | -5 | -5 | -2 | -8 | |||||
Stockholders Equity | 125 | 83 | 54 | 110 | 107 | 63 | 69 | 129 | 100 | 143 | 78 | 10 | |||||
Liabilities And Stockholders Equity | 3,346 | 3,420 | 3,797 | 3,425 | 3,688 | 3,775 | 4,119 | 3,729 | 3,703 | 3,968 | 3,693 | 2,966 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Number Of… | |||||||||||||||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Number Of Sh… | |||||||||||||||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | |||||
Common Stock Shares Issued | 46 | 46 | 47 | 48 | 49 | 48 | 50 | 50 | 50 | 51 | 51 | 51 | |||||
Shares Outstanding | 46 | 46 | 47 | 48 | 49 | 48 | 50 | 50 | 50 | 51 | 51 | 51 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.55% | -1.07% | 30.87% | - | - | - | - | - | - | - | - | - |
| 2025 | 11.26% | -1.81% | -10.77% | -5.06% | 0.26% | -10.25% | -1.43% | -0.56% | 7.48% | -3.32% | -5.57% | 11.10% |
| 2024 | -1.70% | -3.11% | -4.06% | -13.63% | -11.84% | -11.93% | 14.19% | 18.81% | 12.16% | -3.66% | -5.74% | 2.87% |
| 2023 | - | - | - | - | - | - | 3.29% | 10.49% | 5.50% | 7.42% | 9.99% | -13.65% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.13 | 1.12 | 1.09 | 1.11 | 1.10 | 1.08 | 1.07 | 1.07 | 1.04 | 1.06 | 1.05 | 1.09 | |||||
| Quick Ratio | 1.11 | 1.09 | 1.06 | 1.09 | 1.08 | 1.06 | 1.05 | 1.04 | 1.01 | 1.03 | 1.02 | 1.04 | |||||
| Working Capital | 275.00M | 258.00M | 231.00M | 249.00M | 254.00M | 211.00M | 199.00M | 165.00M | 103.00M | 171.00M | 115.00M | 150.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 25.77 | 40.20 | 69.31 | 30.14 | 33.47 | 58.92 | 58.70 | 27.91 | 36.03 | 26.75 | 46.35 | 295.60 | |||||
| Interest Coverage TTM | - | - | - | - | - | - | - | - | - | - | 67.00 | 31.29 | |||||
| Debt Ratio | 0.96 | 0.98 | 0.99 | 0.97 | 0.97 | 0.98 | 0.98 | 0.97 | 0.97 | 0.96 | 0.98 | 1.00 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | -0.11 | 0.19 | 0.18 | 0.50 | 0.20 | 0.20 | 0.20 | -0.38 | -0.07 | -0.07 | 0.21 | 1.62 | |||||
| Days Sales Outstanding TTM | -7.20 | 7.31 | 13.20 | 2.53 | 6.53 | 7.68 | 11.93 | -5.13 | -24.89 | -17.19 | 8.93 | 1.12 | |||||
| Receivables Turnover TTM | -50.67 | 49.93 | 27.65 | 144.24 | 55.93 | 47.50 | 30.60 | -71.11 | -14.67 | -21.23 | 40.86 | 326.87 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 3.80 | 3.38 | 3.16 | 2.77 | 2.94 | 3.41 | 3.46 | 5.26 | 6.12 | 6.57 | 6.58 | 6.12 | |||||
| Free Cash Flow Per Share TTM | 6.26 | 5.91 | 4.88 | 4.96 | 5.04 | 4.22 | 4.02 | 14.30 | 10.52 | 12.37 | 8.14 | 6.53 | |||||
| Dividend Per Share TTM | 1.13 | 1.13 | 1.08 | 1.06 | 1.04 | 1.00 | 0.74 | 0.50 | 0.26 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 117.89% | 90.56% | 90.82% | 96.17% | 90.46% | 90.26% | 90.20% | 105.86% | 130.17% | 126.09% | 90.48% | 98.55% | |||||
| Operating Profit Margin TTM | -65.26% | 32.19% | 30.18% | 9.93% | 24.77% | 28.42% | 29.15% | -27.11% | -167.36% | -152.90% | 62.04% | 8.93% | |||||
| Net Profit Margin TTM | -46.05% | 22.75% | 21.56% | 7.38% | 19.07% | 21.97% | 22.61% | -20.55% | -128.93% | -121.38% | 49.60% | 7.24% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -150.33% | -8.03% | -6.01% | -240.86% | -411.98% | -375.36% | 1.19% | -126.11% | -104.92% | -105.62% | -84.52% | 0.25% | |||||
| Net Income Growth (1Y) | 21.53% | -4.79% | -10.40% | -49.43% | -53.85% | -50.15% | -53.87% | -25.92% | -7.69% | -1.47% | 5.63% | -5.84% | |||||
| EPS Growth (1Y) | 26.81% | -0.74% | -6.67% | -47.32% | -51.92% | -48.11% | -47.41% | -15.54% | 10.77% | 15.92% | 16.75% | 2.42% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 12.93 | 10.62 | 17.98 | 23.60 | 23.74 | 22.57 | 25.39 | 17.80 | 15.43 | 19.42 | 17.37 | 17.98 | |||||
| P/B TTM | 18.11 | 20.34 | 51.59 | 28.53 | 31.96 | 59.82 | 63.66 | 36.28 | 48.15 | 45.50 | 83.53 | 638.14 | |||||
| P/S TTM | -5.96 | 2.42 | 3.88 | 1.74 | 4.53 | 4.96 | 5.74 | -3.66 | -19.90 | -23.58 | 8.62 | 1.30 | |||||
| Market Cap | 2.26B | 1.69B | 2.79B | 3.14B | 3.42B | 3.77B | 4.39B | 4.68B | 4.81B | 6.51B | 6.52B | 6.38B | |||||
| Enterprise Value | 1.86B | 1.19B | 1.78B | 2.69B | 2.98B | 3.47B | 3.68B | 4.80B | 4.89B | 6.33B | 6.14B | 6.56B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 288.00M | 278.00M | 234.00M | 238.00M | 242.00M | 207.00M | 201.00M | 715.00M | 526.00M | 631.00M | 464.00M | 372.00M | |||||
| Net Debt | -401.00M | -496.00M | -1.01B | -451.00M | -442.00M | -301.00M | -708.00M | 120.00M | 74.00M | -174.00M | -373.00M | 177.00M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| EV Revenue TTM | |||||||||||||||||
| EV FCF TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
TRINET GROUP, INC. (TNET) — SEC Financial Statements & Analysis
TRINET GROUP, INC. (TNET) is a services-business services, nec company, incorporated in DE. TRINET GROUP, INC. trades on NYSE as: TNET. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), TRINET GROUP, INC. reported a -150.33% year-over-year revenue growth, a Gross Profit Margin of 117.89% (TTM), a Debt-to-Equity ratio of 25.77x, a Price-to-Sales (P/S) ratio of -5.96x (TTM), a Price-to-Book (P/B) ratio of 18.11x (TTM), at a market cap of $2.26B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -150.33%
- Gross Profit Margin TTM
- 117.89%
- Debt To Equity
- 25.77x
- P/S TTM
- -5.96x
- P/B TTM
- 18.11x
- Market Cap
- $2.26B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is TRINET GROUP, INC. in?
TRINET GROUP, INC. (TNET) operates in the Services-Business Services, NEC industry.
What is TNET's market cap?
TRINET GROUP, INC. (TNET) has a market capitalization of $2.26B as of 2026-06-30.
What is TNET's P/E ratio?
TRINET GROUP, INC. (TNET)'s trailing twelve month P/E ratio is 12.93x as of 2026-06-30.
What exchange does TNET trade on?
TRINET GROUP, INC. (TNET) trades on the NYSE.
Where is TRINET GROUP, INC. incorporated?
TRINET GROUP, INC. is incorporated in DE.