TriNet Group

TriNet Group, Inc. provides human resources solutions including industry solutions to small and mid sized businesses. Its services include payroll processing tax administration, employee benefits and a human resource technology platform with online and mobile tools and also employee onboarding and termination, compensation reporting, expense management, and benefits enrollment and administration. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TriNet Group posts strong earnings, eyes growth through acquisitions

TriNet Group reported strong financial performance in Q4 2022 and full year, driven by differentiated solutions and vertical market focus.
Despite challenges in WSE growth and pricing changes impacting utilization, the company remains confident in its growth prospects and profitability.
Opportunities lie in share repurchase plans, sales team expansion, margin improvement, and investments in customer experience and digital transformation.
TriNet's strengths in sales productivity, regional performance, and customer retention, along with its unique market positioning, support its positive outlook for future growth.
Overall, TriNet's performance, strengths, challenges, and opportunities position the company well for continued success and market expansion in 2023 and beyond.

TriNet Group surpasses Q1 guidance, eyes growth opportunities ahead

TriNet Group showcased strong financial performance, exceeding earnings guidance.
The company's focus on customer retention and new sales growth is driving positive results.
Improved earnings guidance and strategic initiatives position TriNet well for future growth.

TriNet Group exceeds Q2 expectations, eyes growth amid revenue challenges

TriNet Group delivered strong financial performance in Q2 2023, driven by robust ACV growth and strategic sales initiatives.
While facing challenges in revenue growth and uncertainties in CIE trends, the company remains optimistic about future prospects.
With a focus on enhancing customer targeting, capital return strategies, and platform performance, TriNet is poised for sustainable growth.

TriNet Group (TNET) reports strong Q3 performance and outlines growth strategies

TriNet Group showcased robust financial performance in Q3 despite revenue decline, emphasizing sales growth and customer well-being. The company faces challenges in revenue generation and cost management but sees opportunities in strategic shifts and future growth prospects.

TriNet Group reports robust Q4 performance, appoints new CEO

TriNet Group's Q4 2023 earnings call showcased strong financial performance, strategic leadership changes with a new CEO, and a clear focus on customer satisfaction and growth opportunities. While facing challenges related to economic and healthcare trends, the company is well-positioned to leverage its strengths in platform scalability and service offerings to drive continued success in 2024.

TriNet Group reports solid Q1 performance amidst economic challenges

TriNet Group's Q1 2024 performance showcased revenue growth, strong sales momentum, and effective expense management strategies.
Despite economic challenges impacting customers, the company is focused on driving retention, expanding distribution, and leveraging technology for operational efficiency.
Anticipated demand increase in the long term due to healthcare cost inflation presents growth opportunities and value for shareholders.

TriNet Group reports strong Q2 performance amidst market challenges

TriNet Group's Q2 2024 performance showcased resilience and growth, with solid financial results and a focus on customer satisfaction.
While facing challenges like slower net hiring, the company's emphasis on expense management and sales productivity positions it well for future success.
By capitalizing on opportunities for innovation and customer service enhancement, TriNet can navigate market challenges and drive sustained growth.

TriNet Group addresses cost challenges, forecasts strong customer retention

TriNet Group navigated challenges from increased healthcare costs by taking strategic actions and focusing on customer value.
Despite challenges, the company showed strengths in revenue growth, client retention, and commitment to sustainable growth.
Opportunities for growth include sales expansion, competitive strategies, and continued focus on efficiency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TriNet Group, Inc. engages in the provision of comprehensive human resources solutions for small and medium-size businesses. The firm also offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and research and development tax credit services. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.

TriNet (TNET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: TriNet Group (TNET) Q1 Earnings Expected to Decline

DUBLIN, Calif., April 12, 2021 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the first quarter ended March 31, 2021 after U.S. market hours on Monday, April 26, 2021.

TriNet to Report First Quarter 2021 Financial Results on April 26

Broadridge Financial

Echo Global Logistics

Fortune Brands Home & Security

PotlatchDeltic

After kicking off the month in the green, the markets are slowing down. With earnings season and much-anticipated inflation data coming up, the Dow Jones, S&P 500, and Nasdaq all took a dip.

Top Stocks To Buy Today After Major Indices Slip From Highs

DUBLIN, Calif., April 9, 2021 /PRNewswire/ -- WHAT: TriNet Webinar:  Working in the New Normal - Considerations for Employers in California Millions of people are working in a new normal, whether from home or elsewhere, and the reality is that many will not go back to the workplace fully—or at all.

TriNet Webinar: Working in the New Normal - Considerations for Employers in California

DUBLIN, Calif., April 8, 2021 /PRNewswire/ -- TriNet , a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the launch of the TriNet Foundation and its first donation recipient:  Black Girl Ventures.

TriNet Introduces Corporate Social Responsibility Program That Encourages Entrepreneurism, Benefits Nonprofits and Provides Employee Volunteer Opportunities

DUBLIN, Calif., April 5, 2021 /PRNewswire/ -- WHAT:     TriNet Webinar: HR Challenges and Pitfalls as Employees Return to Work The importance of creating a positive culture within a hybrid work environment and maintaining business continuity in the face of future COVID disruptions, just scratch the surface of topics that need to be addressed as business leaders prepare to return their workforce to the office.

TriNet Webinar: HR Challenges and Pitfalls as Employees Return to Work

DUBLIN, Calif., March 19, 2021 /PRNewswire/ -- WHAT: TriNet Webinar: What is in the American Rescue Plan Act of 2021 and What it Means for Your Business   Earlier this month, President Biden signed into law the American Rescue Plan Act of 2021.

TriNet Webinar: What is in the American Rescue Plan Act of 2021 and What it Means for Your Business

DUBLIN, Calif., March 18, 2021 /PRNewswire/ --  TriNet , a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced that Ralph Clark , president and chief executive officer of ShotSpotter, a leader in precision policing solutions that enable law enforcement to more effectively respond to, investigate and deter crime, has been appointed to the company's board of directors.

TriNet Announces Appointment of Ralph Clark, President and Chief Executive Officer of ShotSpotter, to its Board of Directors

Graphic Packaging Hld

Oshkosh

Donald Yacktman, a prominent value investor and founder of the AMG Yacktman Fund (Trades, Portfolio) Class I (YACKX), takes the "forward rate of return" highly into consideration when assessing the attractiveness of a stock. He calculates this valuation ratio as "normalized free cash flow yield plus real growth plus inflation.

3 High-Return Stock Picks

DUBLIN, Calif., Feb. 23, 2021 /PRNewswire/ -- TriNet Group, Inc. ("TriNet" or the "Company") (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, announced today that it has priced $500 million in aggregate principal amount of...

TriNet Announces Pricing of a Private Offering of $500 Million of Senior Notes due 2029

DUBLIN, Calif., Feb. 22, 2021 /PRNewswire/ -- TriNet Group, Inc. ("TriNet" or the "Company") (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, announced today that it intends to offer, subject to market and other conditions,...

TriNet Announces Proposed Private Offering of $500 Million of Senior Notes due 2029

TriNet Group, Inc. (TNET) CEO Burton Goldfield on Q4 2020 Results - Earnings Call Transcript

Shares of Trinet Group (NYSE:TNET) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 47.62% year over year to $0.44, which beat the estimate of $0.25.

Recap: Trinet Group Q4 Earnings

DUBLIN, Calif., Feb. 16, 2021 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced financial results for the fourth quarter and fiscal year ended December 31, 2020. The fourth...

TriNet Announces Fourth Quarter and Fiscal Year 2020 Results

Earnings Preview: TriNet Group (TNET) Q4 Earnings Expected to Decline

DUBLIN, Calif., Feb. 2, 2021 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the fourth quarter and full year ended December 31, 2020 after...

TriNet to Report Fourth Quarter and Full Year 2020 Financial Results on February 16

DUBLIN, Calif., Jan. 6, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced that TrustRadius has recognized TriNet with a 2021 "Best of Customer Support" award. This award highlights companies that...

TriNet Wins a 2021 Best Customer Support Award from TrustRadius

DUBLIN, Calif., Jan. 4, 2021 /PRNewswire/ -- WHAT: TriNet Webinar: What the New COVID-19 Stimulus Package Means for Small and Medium-Size Businesses (SMBs) Samantha Wellington, senior vice president, chief legal officer and secretary at TriNet, along with Alex Warren, senior vice...

MEDIA ALERT: TriNet to Host Webinar on What the New COVID-19 Stimulus Package Means for Small and Medium-Size Businesses

Twenty-First Century Fox

If you want to increase your chances of beating the market, one method is to select stocks that rank highly in regard to "magic formula" criteria.

3 Magic Formula Stocks

TriNet has seen a 13% CAGR in the past few years. The company is in a comfortable financial position and could see another important acquisition in the short term.

TriNet Is Growing In An Underserved Market

DUBLIN, Calif., Nov. 12, 2020 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Burton M. Goldfield, TriNet's President and CEO, will participate in a fireside chat at the...

TriNet to Participate at the Berenberg US CEO Conference 2020

DUBLIN, Calif., Nov. 9, 2020 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Burton M. Goldfield, TriNet's President and CEO, and Kelly Tuminelli, TriNet's Chief Financial...

TriNet to Participate at the J.P. Morgan Ultimate Services Investor Conference

Does TriNet Group (TNET) have what it takes to be a top stock pick for momentum investors? Let's find out.

TriNet Group (TNET) is a Great Momentum Stock: Should You Buy?

DUBLIN, Calif., Oct. 27, 2020 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources solutions, concluded its inaugural three-day TriNet PeopleForce virtual conference on Thursday, October 22. The one-of-a-kind conference for small and medium-size businesses (SMBs),...

Critical Business Insights for SMBs from Distinguished Speakers, Business Leaders and Prominent Thought Leaders Were Shared at TriNet PeopleForce

TriNet Group, Inc. (TNET) CEO Burton Goldfield on Q3 2020 Results - Earnings Call Transcript

News for TriNet Group Stock (TNET)