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Trinet Group TNET Operating margin

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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$3.06B-0.6%
Enterprise value$2.62B+0.6%
P/E19.2×
P/S0.6×0.0×

Profitability

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Gross margin93.6%
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

Calculated from Trinet Group’s reported figures.

Based on trailing twelve months.

The source filing: Trinet Group’s 10-Q, filed October 29, 2025. Open the filing →

Filed
Oct 29, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0000937098-25-000185

FAQ

What is Trinet Group's operating margin?
Trinet Group (TNET) reported operating margin of 6.8% in Q3 2024.
How has Trinet Group's operating margin changed year-over-year?
Trinet Group's operating margin decreased by 23.4% year-over-year, from 8.9% to 6.8%.
What is the long-term trend for Trinet Group's operating margin?
Over 3 years (2020 to 2023), Trinet Group's operating margin has grown at a 1.0% compound annual growth rate (CAGR), from 9.1% to 9.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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