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TriNet Group (TNET) Ratios
TriNet Group Ratios
TNET's free cash flow for Q3 2026 was $53.00M. For the 2026 fiscal year, TNET's free cash flow was decreased by $-27.00M and operating cash flow was $80.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.09 | 1.07 | 1.05 | 1.17 | 1.40 |
| Quick Ratio | 1.09 | 1.07 | 1.05 | 1.17 | 1.40 |
| Cash Ratio | 0.11 | 0.12 | 0.12 | 0.18 | 0.35 |
| Solvency Ratio | 0.06 | 0.06 | 0.14 | 0.17 | 0.16 |
| Operating Cash Flow Ratio | 0.11 | 0.09 | 0.22 | 0.28 | 0.13 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 3.72 | 5.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -875.00M | $ -870.00M | $ -1.04B | $ -342.00M | $ 11.00M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.25 | 0.25 | 0.31 | 0.16 | 0.17 |
| Debt-to-Equity Ratio | 17.44 | 14.81 | 14.58 | 0.71 | 0.62 |
| Debt-to-Capital Ratio | 0.95 | 0.94 | 0.94 | 0.42 | 0.38 |
| Long-Term Debt-to-Capital Ratio | 0.94 | 0.93 | 0.93 | 0.39 | 0.36 |
| Financial Leverage Ratio | 70.31 | 59.70 | 47.35 | 4.44 | 3.76 |
| Debt Service Coverage Ratio | 5.07 | 2.34 | 3.60 | 12.38 | 20.85 |
| Interest Coverage Ratio | 4.88 | 4.65 | 11.72 | 12.79 | 22.75 |
| Debt to Market Cap | 0.32 | 0.22 | 0.16 | 0.12 | 0.08 |
| Interest Debt Per Share | 20.79 | 21.68 | 20.65 | 9.38 | 8.59 |
| Net Debt to EBITDA | 1.89 | 1.77 | 1.28 | 0.32 | -0.13 |
| Profitability Margins | |||||
| Gross Profit Margin | 17.68% | 18.84% | 22.39% | 22.91% | 20.64% |
| EBIT Margin | 5.45% | 5.70% | 10.99% | 10.67% | 10.15% |
| EBITDA Margin | 6.91% | 7.40% | 13.45% | 12.49% | 11.45% |
| Operating Profit Margin | 5.45% | 5.70% | 9.53% | 10.21% | 10.02% |
| Pretax Profit Margin | 4.33% | 4.47% | 10.18% | 9.87% | 9.71% |
| Net Profit Margin | 3.09% | 3.42% | 7.62% | 7.27% | 7.44% |
| Continuous Operations Profit Margin | 3.09% | 3.42% | 7.62% | 7.27% | 7.44% |
| Net Income Per EBT | 71.43% | 76.55% | 74.85% | 73.65% | 76.64% |
| EBT Per EBIT | 79.49% | 78.47% | 106.82% | 96.59% | 96.92% |
| Return on Assets (ROA) | 4.08% | 4.20% | 10.15% | 10.31% | 10.21% |
| Return on Equity (ROE) | 287.04% | 250.72% | 480.77% | 45.81% | 38.37% |
| Return on Capital Employed (ROCE) | 23.53% | 25.31% | 38.13% | 34.30% | 28.98% |
| Return on Invested Capital (ROIC) | 16.67% | 17.98% | 25.95% | 25.00% | 22.06% |
| Return on Tangible Assets | 4.87% | 4.94% | 12.26% | 12.60% | 11.44% |
| Earnings Yield | 5.46% | 3.81% | 5.53% | 8.31% | 5.38% |
| Efficiency Ratios | |||||
| Receivables Turnover | 17.64 | 13.26 | 10.58 | 12.40 | 13.39 |
| Payables Turnover | 47.95 | 46.08 | 43.91 | 38.43 | 41.90 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 106.60 | 148.62 | 120.05 | 88.82 | 68.79 |
| Asset Turnover | 1.32 | 1.23 | 1.33 | 1.42 | 1.37 |
| Working Capital Turnover Ratio | 23.30 | 32.18 | 21.73 | 9.41 | 9.17 |
| Cash Conversion Cycle | 13.08 | 19.60 | 26.17 | 19.94 | 18.54 |
| Days of Sales Outstanding | 20.69 | 27.52 | 34.48 | 29.44 | 27.25 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 7.61 | 7.92 | 8.31 | 9.50 | 8.71 |
| Operating Cycle | 20.69 | 27.52 | 34.48 | 29.44 | 27.25 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.31 | 5.58 | 9.56 | 8.92 | 3.30 |
| Free Cash Flow Per Share | 6.38 | 4.02 | 8.25 | 8.03 | 2.70 |
| Dividend Paid and CapEx Coverage Ratio | 5.51 | 2.43 | 7.27 | 10.04 | 5.45 |
| Capital Expenditure Coverage Ratio | 101.00 | 3.58 | 7.27 | 10.04 | 5.45 |
| Operating Cash Flow Coverage Ratio | 0.32 | 0.27 | 0.48 | 1.02 | 0.40 |
| Operating Cash Flow to Sales Ratio | 0.06 | 0.06 | 0.11 | 0.12 | 0.05 |
| Free Cash Flow Yield | 10.78% | 4.43% | 6.93% | 11.85% | 2.83% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 18.54 | 26.23 | 18.08 | 12.03 | 18.60 |
| Price-to-Sales (P/S) Ratio | 0.57 | 0.90 | 1.38 | 0.87 | 1.38 |
| Price-to-Book (P/B) Ratio | 52.56 | 65.78 | 86.91 | 5.51 | 7.14 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 9.28 | 22.58 | 14.42 | 8.44 | 35.32 |
| Price-to-Operating Cash Flow Ratio | 9.37 | 16.27 | 12.44 | 7.60 | 28.84 |
| Price-to-Earnings Growth (PEG) Ratio | -2.38 | -0.55 | 1.11 | 1.14 | 0.71 |
| Enterprise Value Multiple | 10.10 | 13.91 | 11.52 | 7.33 | 11.97 |
| Enterprise Value | 3.49B | 5.20B | 7.63B | 4.47B | 6.22B |
| EV to EBITDA | 10.10 | 13.91 | 11.52 | 7.33 | 11.97 |
| EV to Sales | 0.70 | 1.03 | 1.55 | 0.91 | 1.37 |
| EV to Free Cash Flow | 11.42 | 25.87 | 16.23 | 8.83 | 34.96 |
| EV to Operating Cash Flow | 11.53 | 18.64 | 14.00 | 7.95 | 28.54 |
| Tangible Book Value Per Share | -11.67 | -10.96 | -9.75 | 2.38 | 7.97 |
| Shareholders’ Equity Per Share | 1.13 | 1.38 | 1.37 | 12.30 | 13.35 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.29 | 0.23 | 0.25 | 0.26 | 0.23 |
| Revenue Per Share | 104.38 | 101.06 | 86.35 | 77.54 | 68.79 |
| Net Income Per Share | 3.23 | 3.46 | 6.58 | 5.63 | 5.12 |
| Tax Burden | 0.71 | 0.77 | 0.75 | 0.74 | 0.77 |
| Interest Burden | 0.79 | 0.78 | 0.93 | 0.93 | 0.96 |
| Research & Development to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| SG&A to Revenue | 0.10 | 0.10 | 0.04 | 0.05 | 0.04 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.95 | 1.61 | 1.45 | 1.58 | 0.64 |
Currency in USD