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Trinet Group TNET Payroll tax liabilities and other payroll withholdings

Payroll tax liabilities and other payroll withholdings at other companies

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Other financials

Income statement

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Revenue$1.2B-5.1%
Operating income$58.0M-50.0%
Net income$89.0M+4.7%
EPS (diluted)$1.90+11.1%

Balance sheet

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Cash & equivalents$1.4B+8.4%
Total debt$946.0M+0.1%
Total equity$83.0M+31.7%
Total assets$3.4B-9.4%

Cash flow

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Operating cash flow$149.0M+56.8%
CapEx$26.0M+62.5%
Free cash flow$123.0M+55.7%

Valuation

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Market cap$2.11B-56.1%
Enterprise value$1.66B-64.4%
P/E13.2×
P/S0.4×-0.5×

Profitability

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Gross margin93.6%
Operating margin6.8%-2.1pp
Net margin3.2%
FCF margin5.6%+1.5pp

Returns & leverage

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Return on equity219.2%
Debt / equity11.4×-3.6×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Trinet Group in its filing.

Tagged under the XBRL concept tnet:AccruedPayrollTaxLiabilitiesAndOtherPayrollWithholdings.

The official record: Trinet Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trinet Group's payroll tax liabilities and other payroll withholdings?
Trinet Group (TNET) reported payroll tax liabilities and other payroll withholdings of $1.29B in Q1 2026.
How has Trinet Group's payroll tax liabilities and other payroll withholdings changed year-over-year?
Trinet Group's payroll tax liabilities and other payroll withholdings decreased by 21.6% year-over-year, from $1.65B to $1.29B.
What is the long-term trend for Trinet Group's payroll tax liabilities and other payroll withholdings?
Over 5 years (2020 to 2025), Trinet Group's payroll tax liabilities and other payroll withholdings has grown at a 8.8% compound annual growth rate (CAGR), from $1.1B to $1.67B.
What does payroll tax liabilities and other payroll withholdings mean?
This represents the total amount of payroll taxes and other mandatory withholdings collected from employees or owed by the company that have not yet been remitted to government authorities. As a PEO, the company acts as the employer of record, making this a significant operational liability. Timely remittance is critical for regulatory compliance and avoiding penalties.