Saturday 10 October 2026 Export all TNET data to Excel Powerpack

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. In the quarter to June 2026, revenue fell 4.43%, EPS grew 50.7%, free cash flow grew 17.5% and total debt fell 8.94%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.

65.45 1.04 −1.56%

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Market cap: $3.1B
P/E: 17.5×
Fwd P/E: 15.7×
Dividend yield: 1.75%
F-score: 6/9
Altman Z: 1.61
Beneish M: −2.81
Dividend safety: 85/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.19

Total sells 0.98

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	—	—	—	—
Sell	4	—	1	1	—	1	1	—	—	4	—	—

Insider Ownership 2.59%

Capital & Financial Ratios $m

Market Cap 3,050.00

Revenue 4,827.00

Net Income 175.00

Free Cash Flow 288.00

Net Debt (501.00)

Current Ratio 1.13

Debt/Equity 7.17

P/E ratio 17.45

Fwd P/E 15.70

P/S ratio 0.62

P/B ratio 24.09

Past 5Y EPS Growth (4.32%)

This Y EPS Growth 2.89%

Next Y EPS Growth 1.13%

Next Y revenue growth (2.59%)

Next 5Y EPS Growth 5.29%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 36.56%

10-year low 10-year high

P/S against its own 10 years 19.50%

10-year low 10-year high

P/B against its own 10 years 58.05%

10-year low 10-year high

EV/Sales against its own 10 years 13.55%

10-year low 10-year high

EV/FCF against its own 10 years 35.67%

10-year low 10-year high

Dividends

Payout Ratio 0.31

Annual Dividend Rate 1.15

Annual Dividend Yield 1.75%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.15	0.28 0.29 0.29 0.29
2025	1.08	0.25 0.28 0.28 0.28
2024	0.75	0.25 0.25 0.25
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,621	1,773	1,981	1,397
Receivables	465	381	284	431
Inventory	—	—	—	—
Other	425	962	521	503
	2,578	3,180	2,868	2,384

	2023	2024	2025	Q'26
Payables	87	89	86	103
ST’ Debt	109	75	—	—
Other	1,503	1,982	1,728	1,210
	2,463	2,981	2,637	2,109

Compound Annual Growth %

	10y	5y	3y
Sales	6.40%	4.15%	0.39%
Cash Flow	7.21%	(11.11%)	(15.21%)
Earnings	17.09%	(10.64%)	(24.14%)
Book Value	20.92%	(38.36%)	(58.85%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,212	1,166	—	—	—
’25	1,274	1,220	1,215	1,234	4,943
’24	1,264	1,226	1,237	1,262	4,989
’23	1,246	1,209	1,222	1,245	4,922
’22	1,218	1,200	1,241	1,226	4,885
’21	1,060	1,100	1,148	1,232	4,540
’20	1,048	948	975	1,063	4,034

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	149	88	—	—	—
’25	95	75	72	61	303
’24	91	39	84	65	279
’23	(77)	144	(110)	582	539
’22	214	(89)	(49)	421	497
’21	(175)	(15)	174	234	218
’20	(282)	152	90	586	546

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	123	67	—	—	—
’25	79	57	55	43	234
’24	73	22	59	47	201
’23	(94)	127	(130)	561	464
’22	203	(104)	(62)	404	441
’21	(180)	(27)	162	223	178
’20	(288)	140	81	577	510

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.90	1.15	—	—	—
’25	1.71	0.76	0.70	(0.01)	3.20
’24	1.78	1.20	0.90	(0.46)	3.43
’23	2.17	1.38	1.63	1.31	6.56
’22	2.21	1.35	1.22	0.78	5.61
’21	1.51	1.37	1.16	1.03	5.07
’20	1.31	1.87	0.48	0.32	3.99

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.10	24.09	38.26	39.52	27.79	69.43	60.61	68.08	74.32	54.22	Analyst estimates 2026–2028 Powerpack
	High	26.64	45.25	60.15	76.92	83.82	109.40	103.36	123.67	134.67	97.02
People
People	Employees	2,600	2,700	3,100	2,900	2,700	2,800	3,600	3,600	3,600	3,400
	Revenue/emp, $m	1.18	1.21	1.13	1.33	1.49	1.62	1.36	1.37	1.39	1.45
Income, $m
Income, $m	Revenue	3,060	3,275	3,503	3,856	4,034	4,540	4,885	4,922	4,989	4,943
	Gross margin, %	14.90	18.20	18.96	17.74	19.66	20.64	22.91	22.39	17.80	16.57
	EBT	104	200	241	270	357	441	482	501	226	217
	EBT margin, %	3.40	6.11	6.88	7.00	8.85	9.71	9.87	10.18	4.53	4.39
	Net income	61	178	192	212	272	338	355	375	173	155
	Depreciation	39	35	46	72	83	97	127	121	130	122
Per share, $
Per share, $	Revenue	43.61	47.46	50.04	55.09	60.21	68.79	77.54	86.35	99.78	102.98
	Earnings	0.88	2.57	2.72	3.04	4.03	5.13	5.66	6.61	3.47	3.20
	Cash flow	2.74	8.78	(1.49)	6.73	8.15	3.30	7.89	9.46	5.58	6.31
	Capex	0.00	(0.55)	(0.61)	(0.64)	(0.54)	(0.61)	(0.89)	(1.32)	(1.56)	(1.44)
	Free cash flow	2.74	8.23	(2.10)	6.09	7.61	2.70	7.00	8.14	4.02	4.88
	Book value	0.50	2.99	5.36	6.79	9.06	13.35	12.30	1.37	1.38	1.13
	Shares, m	70	69	70	70	67	66	63	57	50	48
Valuation, ×
Valuation, ×	P/E	29.19	16.90	15.42	18.56	20.05	18.57	12.35	17.97	26.31	18.59
	P/S	0.59	0.92	0.84	1.03	1.34	1.38	0.89	1.36	0.91	0.57
	P/B	51.50	14.55	7.83	8.34	8.90	7.14	5.64	86.13	65.78	52.56
	EV/Sales	0.67	0.55	0.61	0.75	1.00	1.07	0.65	1.26	0.75	0.37
	EV/FCF	12.91	3.18	(14.46)	6.79	7.89	27.25	7.23	13.34	18.65	7.87
Cash, $m
Cash, $m	Operating cash flow	192	606	(104)	471	546	218	497	539	279	303
	Capex	(40)	(38)	(43)	(45)	(36)	(40)	(56)	(75)	(78)	(69)
	Free cash flow	192	568	(147)	426	510	178	441	464	201	234
Balance, $m
Balance, $m	Working capital	156	234	221	228	290	700	338	115	199	231
	Total debt	459	423	413	391	370	506	511	1,093	983	895
	Net debt	260	(1,193)	(811)	(1,070)	(1,376)	(1,436)	(1,182)	(528)	(790)	(1,086)
	Shareholders’ equity	35	206	375	475	607	881	775	78	69	54
Returns, %
Returns, %	ROA	2.91	7.59	7.64	8.18	9.39	10.64	10.52	10.51	4.43	3.92
	ROIC	26.27	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	283.19	147.72	66.09	49.88	50.28	45.43	42.87	87.92	235.37	252.03

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
KFY Korn/Ferry International	$4.0B	13.3×	12.9×	+6.86% (above 0%: growing)	+5.47% (above 0%: growing)	−2.15% (below 0%: shrinking)	25.61%	12.21%	Compare
RHI Robert Half Inc.	$3.5B	29.5×	23.8×	−2.44% (below 0%: shrinking)	−36.59% (below 0%: shrinking)	−2.55% (below 0%: shrinking)	35.47%	(4.66%)	Compare
TNET TriNet Group, Inc.	$3.1B	17.5×	15.7×	−4.43% (below 0%: shrinking)	+50.65% (above 0%: growing)	+17.54% (above 0%: growing)	20.07%	6.52%
MAN ManpowerGroup Inc.	$2.5B	23.7×	12.0×	+7.54% (above 0%: growing)	n/m	+96.09% (above 0%: growing)	16.05%	2.30%	Compare
NSP Insperity, Inc.	$1.9B	— (loss-making)	40.1×	+1.69% (above 0%: growing)	n/m	+147.67% (above 0%: growing)	12.87%	0.36%	Compare
KFRC Kforce, Inc.	$937.5M	24.2×	19.4×	+4.49% (above 0%: growing)	+23.73% (above 0%: growing)	−145.85% (below 0%: shrinking)	28.47%	5.37%	Compare
BBSI Barrett Business Services, Inc.	$779.9M	22.8×	21.5×	+3.77% (above 0%: growing)	−26.39% (below 0%: shrinking)	−5.41% (below 0%: shrinking)	20.31%	4.82%	Compare
HHR HeadHunter Group PLC Sponsored ADR	$761.1M	6.5×	7.9×	+4.60% (above 0%: growing)	n/m	+41.15% (above 0%: growing)	56.09%	51.95%	Compare
KELYB Kelly Services, Inc.	$659.7M	— (loss-making)	—	−5.77% (below 0%: shrinking)	−40.38% (below 0%: shrinking)	−48.93% (below 0%: shrinking)	20.42%	1.55%	Compare
Median of peers	$1.4B	23.3×	19.4×	+4.13%	−26.39%	−2.35%	23.02%	3.56%

All 19 Staffing & Employment Services stocks →

TriNet Group, Inc. (TNET) key facts

Concern: TriNet Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.9 billion, down 0.92% from fiscal 2024.
TriNet Group, Inc. (TNET) is a Staffing & Employment Services company in the Industrials sector, listed on the New York Stock Exchange.
As of October 9, 2026, TNET traded at $65.45, a market capitalization of $3.1 billion.
TriNet Group, Inc. pays an annual dividend of $1.15 per share, a yield of 1.75%, with a payout ratio of 30.6%.
Return on equity was 252.0% and debt-to-equity 7.17.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.61 (distress zone) for fiscal 2025.