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TriNet Group, Inc.

TNETIndustrialsNASDAQ

Staffing & Employment Services · Last scanned May 29, 2026

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Financials · Annual
Revenue
$5.01B
-0.9% YoY
Net Income
$155.0M
-10.4% YoY
EBITDA
$346.0M
-7.5% YoY
Free Cash Flow
$252.3M

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About TriNet Group, Inc.

TriNet Group, Inc. provides comprehensive human capital management services for small and medium-sized businesses in the United States. The $2.09B market capitalization puts TNET squarely in mid-cap range for its industry. 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.

Key stats
Market Cap$2.09B
P/E (TTM)13.43
Fwd P/E9.39
EPS$3.38
Beta1.01
52W Change-45.4%
Dividend Yield2.55%
ROE217.8%
Analysis

On the balance sheet, TNET has $340.0M in cash with $946.0M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $252.2M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 217.8% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.2% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $4.91B (2022) to $5.01B (2025).

As with any equity investment, TNET carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence TriNet Group, Inc.'s trajectory.

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