Trinet Group, Inc. financial data

Symbol
TNET on NYSE
Industry
Services-Business Services, NEC
Location
One Park Place., Suite 600, Dublin, CA
State of incorporation
Delaware
Fiscal year end
December 31
Former names
TRINET EMPLOYER GROUP INC (to 3/2/2000)
Latest financial report
10-Q - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 106 % -13.3%
Debt-to-equity 4.23K % +1301%
Return On Equity 377 % +840%
Return On Assets 8.71 % -12.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 49.7M shares -16.8%
Common Stock, Shares, Outstanding 49.7M shares -16.7%
Entity Public Float 3.6B USD +16.1%
Weighted Average Number of Shares Outstanding, Basic 50M shares -16.7%
Weighted Average Number of Shares Outstanding, Diluted 51M shares -15%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.96B USD +0.71%
Research and Development Expense 66M USD -7.04%
Selling and Marketing Expense 290M USD +5.84%
General and Administrative Expense 203M USD -16.1%
Costs and Expenses 4.55B USD +1.61%
Operating Income (Loss) 405M USD -8.37%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 415M USD -9.19%
Income Tax Expense (Benefit) 103M USD -13.4%
Net Income (Loss) Attributable to Parent 312M USD -7.69%
Earnings Per Share, Basic 6.04 USD/shares +6.9%
Earnings Per Share, Diluted 5.99 USD/shares +6.96%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 177M USD -63.3%
Accounts Receivable, after Allowance for Credit Loss, Current 15M USD -16.7%
Other Assets, Current 48M USD +6.67%
Assets, Current 2.57B USD +17.9%
Property, Plant and Equipment, Net 14M USD -51.7%
Operating Lease, Right-of-Use Asset 21M USD -22.2%
Intangible Assets, Net (Excluding Goodwill) 176M USD +12.8%
Goodwill 462M USD 0%
Other Assets, Noncurrent 145M USD +6.62%
Assets 3.7B USD +12.6%
Contract with Customer, Liability, Current 70M USD -10.3%
Liabilities, Current 2.46B USD +44.3%
Deferred Income Tax Liabilities, Net 13M USD +85.7%
Operating Lease, Liability, Noncurrent 24M USD -27.3%
Other Liabilities, Noncurrent 12M USD +20%
Liabilities 3.6B USD +51.7%
Common Stocks, Including Additional Paid in Capital 1.02B USD +9.32%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5M USD +16.7%
Retained Earnings (Accumulated Deficit) -916M USD -6946%
Stockholders' Equity Attributable to Parent 100M USD -89.1%
Liabilities and Equity 3.7B USD +12.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -122M USD -58.4%
Net Cash Provided by (Used in) Financing Activities -30M USD -115%
Net Cash Provided by (Used in) Investing Activities -47M USD -104%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 49.7M shares -16.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -352M USD -189%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 994M USD -32.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 26M USD +136%
Deferred Tax Assets, Valuation Allowance 8M USD 0%
Deferred Tax Assets, Gross 79M USD -15.1%
Operating Lease, Liability 44M USD -21.4%
Payments to Acquire Property, Plant, and Equipment 18M USD +5.88%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 313M USD -9.01%
Lessee, Operating Lease, Liability, to be Paid 48M USD -22.6%
Property, Plant and Equipment, Gross 72M USD -6.49%
Operating Lease, Liability, Current 13M USD -13.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13M USD -13.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 15M USD -11.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4M USD -33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8M USD -33.3%
Deferred Tax Assets, Operating Loss Carryforwards 6M USD -14.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20M shares 0%
Unrecognized Tax Benefits 7M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7M USD 0%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 18M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 71M USD -16.5%
Share-based Payment Arrangement, Expense 69M USD +15%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%