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
DE
Fiscal year end
December 31
Former names
TRINET EMPLOYER GROUP INC (to 3/2/2000)
Latest financial report
10-Q - Q3 2024 - Oct 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 106 % -10.4%
Debt-to-equity 3.25K % +653%
Return On Equity 234 % +316%
Return On Assets 6.97 % -34.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 49.6M shares -1.85%
Common Stock, Shares, Outstanding 49.6M shares -1.77%
Entity Public Float 3.6B USD +16.1%
Weighted Average Number of Shares Outstanding, Basic 50M shares -12.3%
Weighted Average Number of Shares Outstanding, Diluted 50M shares -13.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.97B USD +1.41%
Research and Development Expense 68M USD 0%
Selling and Marketing Expense 289M USD +4.33%
General and Administrative Expense 198M USD -13.9%
Costs and Expenses 4.63B USD +3.58%
Operating Income (Loss) 347M USD -20.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 349M USD -27%
Income Tax Expense (Benefit) 86M USD -30.1%
Net Income (Loss) Attributable to Parent 263M USD -25.9%
Earnings Per Share, Basic 5.29 USD/shares -12.9%
Earnings Per Share, Diluted 5.25 USD/shares -12.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 251M USD +47.6%
Accounts Receivable, after Allowance for Credit Loss, Current 15M USD -28.6%
Other Assets, Current 51M USD +4.08%
Assets, Current 2.61B USD +40.6%
Property, Plant and Equipment, Net 14M USD -12.5%
Operating Lease, Right-of-Use Asset 30M USD +25%
Intangible Assets, Net (Excluding Goodwill) 179M USD +5.92%
Goodwill 462M USD 0%
Other Assets, Noncurrent 141M USD -2.76%
Assets 3.73B USD +25.7%
Contract with Customer, Liability, Current 39M USD -46.6%
Liabilities, Current 2.44B USD +43.3%
Deferred Income Tax Liabilities, Net 18M USD +260%
Operating Lease, Liability, Noncurrent 30M USD 0%
Other Liabilities, Noncurrent 12M USD +140%
Liabilities 3.6B USD +21.8%
Common Stocks, Including Additional Paid in Capital 1.04B USD +8.81%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2M USD
Retained Earnings (Accumulated Deficit) -910M USD +2.67%
Stockholders' Equity Attributable to Parent 129M USD +1190%
Liabilities and Equity 3.73B USD +25.7%

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 49.6M shares -1.77%
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 948M USD +3.72%
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 273M USD -22.4%
Lessee, Operating Lease, Liability, to be Paid 48M USD -22.6%
Property, Plant and Equipment, Gross 72M USD -6.49%
Operating Lease, Liability, Current 15M USD 0%
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 +16.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%