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Friday 6 November 2026 Export TNET’s income statement to Excel — free account

TriNet Group, Inc.

TNET Industrials Staffing & Employment Services

TriNet Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.9 billion, down 0.92% from fiscal 2024.

Revenue
−4.36%
EPS
−3.73%
Free cash flow
−3.64%
Total debt
+0.11%

Quarter to September 2026, against a year earlier

66.57 0.76 −1.13%
Market cap
$3.1B
P/E
18.0×
Fwd P/E
20.0×
Dividend yield
1.71%
F-score
6/9
Altman Z
1.61
Beneish M
−2.81
Dividend safety
85/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

TriNet Group, Inc. (TNET) Debt to equity

Alert me on Debt to equity

TriNet Group, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 6.7×, down 9.8× from fiscal 2025 (16.6×). Over the past ten years it has ranged from 0.6× (fiscal 2021) to 61.1× (fiscal 2015); the current reading is higher than 91% of that period. That is above the Staffing & Employment Services industry median of 0.0× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 16.6× 16.34%
FY2024 14.2× 1.67%
FY2023 14.0× 2,025.08%
FY2022 0.7× 14.82%
FY2021 0.6× (5.79%)
FY2020 0.6× (25.95%)
FY2019 0.8× (25.25%)
FY2018 1.1× (46.37%)
FY2017 2.1× (84.34%)
FY2016 13.1× (78.54%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 6.7× (6.02%)
Jun 2026 7.2× (33.60%)
Mar 2026 10.8× (34.87%)
Dec 2025 16.6× 103.70%
43 more quarters

Against its own ten years

Low 0.6× High 61.1×
Ten-year median 2.1×
Current reading's percentile 91

Debt to equity against peers

Company Debt to equity
BBSI Barrett Business Services, Inc. compare 0.0×
RHI Robert Half Inc. compare 0.0×
KELYA Kelly Services, Inc. compare 0.1×
KELYB Kelly Services, Inc. compare 0.1×
KFY Korn/Ferry International compare 0.2×
MAN ManpowerGroup Inc. compare 0.3×
KFRC Kforce, Inc. compare 0.8×
TNET TriNet Group, Inc. 6.7×
NSP Insperity, Inc. compare 9.5×
Staffing & Employment Services industry median 0.0×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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