TRINET GROUP, INC. (TNET)

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About

Business overview of TRINET GROUP, INC. (TNET)
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.

Key Insights

Critical company metrics and information
  • Share Price

    $94.69
  • Market Cap

    $4.69 Billion
  • Total Outstanding Shares

    49.58 Million Shares
  • Total Employees

    5,400
  • Dividend

    $0.25 Per Share Quarterly
  • IPO Date

    March 27, 2014
  • SIC Description

    Services-business Services, Nec
  • Homepage

    https://www.trinet.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

October 1, 2023 to September 30, 2024
MetricValue
Net Cash Flow From Operating Activities$312.00 Million
Net Cash Flow From Investing Activities, Continuing$-38.00 Million
Net Cash Flow, Continuing$34.00 Million
Net Cash Flow From Financing Activities, Continuing$-240.00 Million
Net Cash Flow From Operating Activities, Continuing$312.00 Million
Net Cash Flow$34.00 Million
Net Cash Flow From Financing Activities$-240.00 Million
Net Cash Flow From Investing Activities$-38.00 Million

Income Statement

October 1, 2023 to September 30, 2024
MetricValue
Other Operating Expenses$4.56 Billion
Basic Average Shares$48.00 Million
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Operating Expenses$4.62 Billion
Operating Income/Loss$348.00 Million
Net Income/Loss Attributable To Parent$263.00 Million
Diluted Average Shares$49.00 Million
Income Tax Expense/Benefit$85.00 Million
Net Income/Loss Attributable To Noncontrolling Interest$0.00
Income Tax Expense/Benefit, Deferred$7.00 Million
Income/Loss From Continuing Operations Before Tax$348.00 Million
Net Income/Loss$263.00 Million
Revenues$4.97 Billion
Research and Development$68.00 Million
Costs And Expenses$4.62 Billion
Basic Earnings Per Share$5.29
Income/Loss From Continuing Operations After Tax$263.00 Million
Net Income/Loss Available To Common Stockholders, Basic$263.00 Million
Benefits Costs and Expenses$4.62 Billion
Preferred Stock Dividends And Other Adjustments$0.00
Diluted Earnings Per Share$5.23

Balance Sheet

October 1, 2023 to September 30, 2024
MetricValue
Prepaid Expenses$64.00 Million
Liabilities$3.60 Billion
Other Non-current Assets$931.00 Million
Noncurrent Liabilities$1.16 Billion
Assets$3.73 Billion
Noncurrent Assets$1.12 Billion
Equity Attributable To Parent$129.00 Million
Equity Attributable To Noncontrolling Interest$0.00
Liabilities And Equity$3.73 Billion
Fixed Assets$14.00 Million
Current Assets$2.60 Billion
Other Current Assets$2.54 Billion
Intangible Assets$179.00 Million
Equity$129.00 Million
Current Liabilities$2.44 Billion

Historical Dividends

Current dividend: $0.25 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Sep 18, 2024Oct 28, 2024Oct 1, 2024$0.25Quarterly
Jun 24, 2024Jul 22, 2024Jul 1, 2024$0.25Quarterly
Feb 15, 2024Apr 22, 2024Apr 1, 2024$0.25Quarterly
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