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Trinet Group Inc   (NYSE: TNET)
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $68.3100 $-1.98 -2.817%
Day's High: $71.40589904785156 Week Perf: -2.97 %
Day's Low: $ 68.18 30 Day Perf: -3.08 %
Volume (M): 90,592 52 Wk High: $ 73.08
Volume (M$): $ 0 52 Wk Avg: $54.18
Open: $70.46 52 Wk Low: $33.61



 Market Capitalization (Millions $) 3,211
 Shares Outstanding (Millions) 47
 Employees 201
 Revenues (TTM) (Millions $) 4,944
 Net Income (TTM) (Millions $) 159
 Cash Flow (TTM) (Millions $) 108
 Capital Exp. (TTM) (Millions $) 79

Business Description


Trinet Group Inc is a California-based company that provides human resources solutions for small and medium-sized businesses. The company was founded in 1988 and has since grown to become a leading provider of HR services in the United States.

Trinet offers a comprehensive suite of HR services that includes payroll processing, benefits administration, risk management, and regulatory compliance. They also provide guidance on hiring, termination, and other HR-related issues. The company has a network of more than 20,000 clients across various industries, including technology, healthcare, and hospitality.

One of Trinet's key strengths is their technology platform, which is designed to streamline and automate HR processes. This platform includes a self-service portal for employees and managers, as well as tools for time and attendance tracking, performance management, and more. Trinet also offers mobile apps for both iOS and Android, allowing employees to access HR information on the go.

Another area in which Trinet excels is compliance. They have a team of experts who stay up-to-date on the latest regulations and laws related to HR, and they proactively work with clients to ensure compliance. This includes handling payroll taxes, workers' compensation insurance, and other legal requirements.

Trinet has received numerous accolades for their HR services. In 2021, they were named one of the "Best Places to Work" by the San Francisco Business Times for the ninth year in a row. They have also been recognized by Inc. Magazine as one of the fastest-growing private companies in America.

Overall, Trinet Group Inc is a well-respected and reliable provider of HR solutions for businesses of all sizes. With a focus on technology, compliance, and customer service, they offer a comprehensive suite of HR services designed to help businesses succeed.


   Company Address: One Park Place, Dublin, 94568 CA
   Company Phone Number: 352-5000   Stock Exchange / Ticker: NYSE TNET


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BBSI        2.93% 
CBZ   -0.49%    
NSP        1.3% 
PAYX        1.8% 
ADP        1.59% 
• View Complete Report
   



Personnel Announcements

TriNet's CEO Burton M. Goldfield to Retire; Mike Simonds Assumes Leadership as President and CEO

Published Thu, Feb 15 2024 9:15 PM UTC



TriNet, a prominent provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has recently shared the news of the retirement of its President, Chief Executive Officer, and Board Member, Burton M. Goldfield. Additionally, the company has announced the appointment of Mike Simonds as the new President and CEO.
Facts:
1. B...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 20.40
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.65
Price to Sales (Expected) -
Price to Book 38.68
PEG (TTM) 75.54

Financial Strength Current
Quick Ratio 0.66
Working Capital Ratio 1.12
Leverage Ratio (MRQ) 40.2
Total Debt to Equity 10.8
Interest Coverage (TTM) -
Debt Coverage (TTM) 0.37

Per Share Current
Earnings (TTM) 3.35 $
Revenues (TTM) 105.19 $
Cash Flow (TTM) 2.3 $
Cash 31.11 $
Book Value 1.77 $
Dividend (TTM) 1.11 $

Efficiency Current
Revenue per Employee (TTM) 24,597,015
Net Income per Employee (TTM) 791,045
Receivable Turnover Ratio (TTM) 403.59
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 1.38

Profitability Ratios Current
Gross Margin (MRQ) 30.18 %
Operating Margin (MRQ) 17.29 %
Net Margin (MRQ) 7.26 %
Net Cash Flow Margin (MRQ) -41.6 %
Effective Tax Rate (TTM) 29.33 %

Management Effectiveness Current
Return On Assets (TTM) 4.44 %
Return On Investment (TTM) 13.5 %
Return On Equity (TTM) 179.66 %
Dividend Yield 1.7 %
Pay out Ratio (TTM) 33.14 %



Trinet Group Inc's Segments
Reportable Segment    100 % of total Revenue
Professional service revenues    15.42 % of total Revenue
Professional service revenues Reportable Segment    15.42 % of total Revenue
Insurance service revenues    83.44 % of total Revenue
Insurance service revenues Reportable Segment    83.44 % of total Revenue





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