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TRINET GROUP, INC. TNET

NYSE · stock · Services-Business Services, NEC · website · IPO 2014-03-27 · LEI

TRINET GROUP, INC. statistics & valuation

Market cap$2.3B
P / E14.8×
P / S0.5×
P / B42.5×
P / FCF9.8×
Dividend yield2.27%
Net margin3.1%
Return on equity287.0%
FCF margin4.7%
Net debt$608.0M
Enterprise value USD$2.9B
Graham number -86.7%$8.91

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($8.91); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.00% 5.40% 5.50% 5.50% 6.70% 7.40% 7.20% 7.50% 3.40% 3.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
4.10% 6.60% 7.20% 7.00% 9.10% 10.00% 10.20% 9.40% 2016201720182019202020212022202320242025
Return on equity (%)
174.30% 86.40% 51.20% 44.60% 44.80% 38.40% 45.80% 480.80% 250.70% 287.00% 2016201720182019202020212022202320242025
Shares outstanding
72.0M 71.0M 72.0M 71.0M 68.0M 67.0M 64.0M 57.0M 50.0M 49.0M 2016201720182019202020212022202320242025
Net debt ($)
$163.0M $156.0M $47.0M -$117.0M $142.0M $697.0M $548.0M $608.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.90% 6.90% 7.90% 7.70% 8.90% 10.20% 10.30% 10.20% 4.20% 4.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
5.00% 17.30% -4.20% 11.00% 12.60% 3.90% 9.00% 9.30% 4.00% 4.70% 2016201720182019202020212022202320242025
Debt / equity (×)
1.04× 0.78× 0.57× 0.56× 0.64× 12.62× 13.16× 16.57× 2016201720182019202020212022202320242025
EPS ($)
$0.85 $2.49 $2.65 $2.99 $3.99 $5.07 $5.61 $6.56 $3.43 $3.20 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TRINET GROUP, INC. trades at about 20.9× earnings — above its 10-year norm (10-year range 13.4×–29.9×, median 18.6×).

13.4× 29.9×

Shaded band = 10-year range (13.4×–29.9×); dot = today's 20.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin——9.4%10.2%10.0%9.1%7.0%7.2%6.6%4.1%
Net margin3.1%3.4%7.5%7.2%7.4%6.7%5.5%5.5%5.4%2.0%
FCF margin4.7%4.0%9.3%9.0%3.9%12.6%11.0%-4.2%17.3%5.0%
Return on assets4.1%4.2%10.2%10.3%10.2%8.9%7.7%7.9%6.9%2.9%
Return on equity287.0%250.7%480.8%45.8%38.4%44.8%44.6%51.2%86.4%174.3%
Debt / equity16.57×13.16×12.62×0.64×0.56×0.57×0.78×1.04×——
Current ratio1.091.071.051.171.401.161.141.161.131.11

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.