TriNet Group, Inc. (TNET)
- Previous Close
129.68 - Open
129.90 - Bid 125.23 x 1200
- Ask 132.27 x 800
- Day's Range
128.74 - 130.69 - 52 Week Range
79.00 - 134.67 - Volume
117,313 - Avg. Volume
224,948 - Market Cap (intraday)
6.557B - Beta (5Y Monthly) 1.09
- PE Ratio (TTM)
19.77 - EPS (TTM)
6.56 - Earnings Date Apr 26, 2024
- Forward Dividend & Yield 1.00 (0.77%)
- Ex-Dividend Date Mar 28, 2024
- 1y Target Est
135.25
TriNet Group, Inc. provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services. It also provides technology platform, an online and mobile tool that allows users to store, view, and manager HR information and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.
www.trinet.com351,142
Full Time Employees
December 31
Fiscal Year Ends
Sector
Staffing & Employment Services
Industry
Recent News: TNET
Performance Overview: TNET
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
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Statistics: TNET
Valuation Measures
Market Cap
6.56B
Enterprise Value
7.34B
Trailing P/E
19.77
Forward P/E
20.88
PEG Ratio (5yr expected)
17.84
Price/Sales (ttm)
1.50
Price/Book (mrq)
84.08
Enterprise Value/Revenue
1.49
Enterprise Value/EBITDA
11.81
Financial Highlights
Profitability and Income Statement
Profit Margin
7.62%
Return on Assets (ttm)
8.51%
Return on Equity (ttm)
87.93%
Revenue (ttm)
4.92B
Net Income Avi to Common (ttm)
375M
Diluted EPS (ttm)
6.56
Balance Sheet and Cash Flow
Total Cash (mrq)
352M
Total Debt/Equity (mrq)
1,457.69%
Levered Free Cash Flow (ttm)
429.75M
Research Analysis: TNET
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Research Reports: TNET
Analyst Report: TriNet Group, Inc.
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.
RatingPrice TargetAnalyst Report: TriNet Group, Inc.
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.
RatingPrice TargetAnalyst Report: TriNet Group, Inc.
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.
RatingPrice Target