TriNet Group, Inc.

TriNet Group, Inc.verified

TNET

Price:

$93

Market Cap:

$4.61B

TriNet Group, Inc. provides human resources (HR) solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services. It serves clients in various industries, including technology, professional services, financial services, life sciences, not-for-profit, property management, retail, manufacturing, and hospitality. The company sells its solutions th...[Read more]

Industry

Staffing & Employment Services

IPO Date

2014-03-27

Stock Exchange

NYSE

Ticker

TNET

The Current Ratio as of November 2024 (TTM) for TriNet Group, Inc. (TNET) is 1.07

According to TriNet Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.07. This represents a change of 1.19% compared to the average of 1.06 of the last 4 quarters.

TriNet Group, Inc. (TNET) Historical Current Ratio (quarterly & annually)

How has TNET Current Ratio performed in the past?

The mean historical Current Ratio of TriNet Group, Inc. over the last ten years is 1.14. The current 1.07 Current Ratio has changed 9.25% with respect to the historical average. Over the past ten years (40 quarters), TNET's Current Ratio was at its highest in in the September 2021 quarter at 1.41. The Current Ratio was at its lowest in in the March 2015 quarter at 1.01.

Quarterly (TTM)
Annual

Average

1.14

Median

1.14

Minimum

1.03

Maximum

1.40

TriNet Group, Inc. (TNET) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TriNet Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 21.42%

Maximum Annual Current Ratio = 1.40

Minimum Annual Increase = -16.58%

Minimum Annual Current Ratio = 1.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.05-10.54%
20221.17-16.58%
20211.4021.42%
20201.161.43%
20191.14-1.41%
20181.161.93%
20171.131.75%
20161.113.40%
20151.084.43%
20141.03-4.33%

TriNet Group, Inc. (TNET) Average Current Ratio

How has TNET Current Ratio performed in the past?

The current Current Ratio of TriNet Group, Inc. (TNET) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.21

5-year avg

1.18

10-year avg

1.14

TriNet Group, Inc. (TNET) Current Ratio vs. Peers

How is TNET’s Current Ratio compared to its peers?

TriNet Group, Inc.’s Current Ratio is less than ManpowerGroup Inc. (1.15), less than Kforce Inc. (2.06), less than Kelly Services, Inc. (1.61), less than HireRight Holdings Corporation (1.76), less than Heidrick & Struggles International, Inc. (0), less than BGSF, Inc. (1.73), less than Hudson Global, Inc. (1.75), less than HireQuest, Inc. (3.27), less than Korn Ferry (1.68), less than Barrett Business Services, Inc. (2.15), less than null (1.31),

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