TriNet/TNET
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14:25
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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
Industrials
Trading on
NYSE
Industry
Professional Services
Headquarters
Dublin, United States
Employees
355,519
Website
www.trinet.com
TriNet Metrics
BasicAdvanced
$5B
Market cap
16.31
P/E ratio
$6.11
EPS
1.16
Beta
$0.25
Dividend rate
0.25%
Dividend yield
Price and volume
Market cap
$5B
Beta
1.16
Dividend rate
$0.25
Financial strength
Current ratio
1.064
Quick ratio
0.323
Long term debt to equity
706.993
Total debt to equity
793.007
Interest coverage (TTM)
8.86%
Management effectiveness
Return on assets (TTM)
7.04%
Return on equity (TTM)
69.21%
Valuation
Price to earnings (TTM)
16.31
Price to revenue (TTM)
1.1
Price to book
34.94
Price to tangible book (TTM)
-10.14
Price to free cash flow (TTM)
12.87
Dividend yield (TTM)
0.25%
Growth
Revenue change (TTM)
0.55%
Earnings per share change (TTM)
11.20%
3-year revenue growth
6.88%
3-year earnings per share growth
13.49%
What the Analysts think about TriNet
Analyst Ratings
Majority rating from 6 analysts.
TriNet Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.3B
1.53%
Net income
$91M
35.82%
Profit margin
7.19%
33.64%
TriNet Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.74
$1.91
$1.60
$2.16
-
Expected
$1.35
$1.39
$1.19
$2.46
$1.26
Surprise
29.10%
37.21%
34.27%
-12.21%
-
TriNet News
AllArticlesVideos
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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional
Upcoming events
Jul
22
TriNet
Dividend·Payment
$0.25
Per share
FAQs
What’s the current market cap for TriNet stock?
TriNet (TNET) has a market cap of $5B as of July 04, 2024.
What is the P/E ratio for TriNet stock?
The price to earnings (P/E) ratio for TriNet (TNET) stock is 16.31 as of July 04, 2024.
Does TriNet stock pay dividends?
Yes, the TriNet (TNET) stock pays dividends to shareholders. As of July 04, 2024, the dividend rate is $0.25 and the yield is 0.25%. TriNet has a payout ratio of 0% on a trailing twelve-month basis.
When is the next TriNet dividend payment date?
The next TriNet (TNET) dividend payment is scheduled for July 22, 2024.
What is the beta indicator for TriNet?
TriNet (TNET) has a beta rating of 1.16. 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.
Buy or sell TriNet stock
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