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TriNet/$TNET
14:30
16:10
17:45
19:25
21:00
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About TriNet
TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.
Ticker
$TNET
Sector
Trading on
NYSE
Industry
Professional Services
Headquarters
Employees
359,837
Website
TriNet Metrics
BasicAdvanced
$4.7B
Market cap
18.16
P/E ratio
$5.19
EPS
1.17
Beta
$0.75
Dividend rate
1.06%
Dividend yield
Price and volume
Market cap
$4.7B
Beta
1.17
52-week high
$134.67
52-week low
$74.32
Average daily volume
466K
Dividend rate
$0.75
Financial strength
Current ratio
1.068
Quick ratio
0.339
Long term debt to equity
793.023
Total debt to equity
862.791
Dividend payout ratio (TTM)
9.51%
Interest coverage (TTM)
5.47%
Management effectiveness
Return on assets (TTM)
6.53%
Return on equity (TTM)
378.42%
Valuation
Price to earnings (TTM)
18.164
Price to revenue (TTM)
0.952
Price to book
36.23
Price to tangible book (TTM)
-9.13
Price to free cash flow (TTM)
20.492
Dividend yield (TTM)
0.80%
Forward dividend yield
1.06%
Growth
Revenue change (TTM)
1.41%
Earnings per share change (TTM)
-12.59%
3-year revenue growth (CAGR)
4.39%
3-year earnings per share growth (CAGR)
6.09%
What the Analysts think about TriNet
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for TriNet stock.
TriNet Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
TriNet Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
TriNet News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
FAQs
What’s the current market cap for TriNet stock?
TriNet (TNET) has a market cap of $4.7B as of November 22, 2024.
What is the P/E ratio for TriNet stock?
The price to earnings (P/E) ratio for TriNet (TNET) stock is 18.16 as of November 22, 2024.
Does TriNet stock pay dividends?
Yes, the TriNet (TNET) stock pays dividends to shareholders. As of November 22, 2024, the dividend rate is $0.75 and the yield is 1.06%. TriNet has a payout ratio of 9.51% on a trailing twelve-month basis.
When is the next TriNet dividend payment date?
The next TriNet (TNET) dividend payment date is unconfirmed.
What is the beta indicator for TriNet?
TriNet (TNET) has a beta rating of 1.17. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.