TriNet (TriNet Group, Inc.) is a cloud-based professional employer organization (PEO) for small and medium-sized businesses. The Company provides an HR technology platform with online and mobile tools that allow the clients and their worksite employees (WSEs) to efficiently store, view and manage their core HR-related information and conduct a variety of HR-related transactions anytime and anywhere. In addition, TriNet's service teams help with talent management, recruiting and training, performance management, employee onboarding, and terminations, benefits enrollment and support, claims administration and employment practices risk management. The Company also monitors employer-related developments and assist clients in complying with applicable local, state and federal regulations.

Company Growth (employees)
Type
Public
HQ
San Leandro, US
Founded
1988
Size (employees)
2,600 (est)
Website
trinet.com
TriNet was founded in 1988 and is headquartered in San Leandro, US

Key People/Management at TriNet

Burton Goldfield

Burton Goldfield

President and CEO
William Porter

William Porter

Chief Financial Officer
Craig Flower

Craig Flower

Chief Technology Officer
Jock Breitwieser

Jock Breitwieser

Director Corporate Communications
Steve Apfelberg

Steve Apfelberg

Vice President of Marketing
Brady Mickelsen

Brady Mickelsen

SVP, Chief Legal Officer

TriNet Office Locations

TriNet has an office in San Leandro
San Leandro, US (HQ)
400 1100 San Leandro Blvd
Show all (1)

TriNet Financials and Metrics

TriNet Financials

TriNet's revenue was reported to be $3.1 b in FY, 2016
USD

Revenue (Q2, 2017)

800.5 m

Net income (Q2, 2017)

40 m

EBIT (Q2, 2017)

56.8 m

Market capitalization (22-Dec-2017)

3.1 b

Cash (30-Jun-2017)

233.9 m
TriNet's current market capitalization is $3.1 b.
USDFY, 2015FY, 2016

Revenue

2.7 b3.1 b

Revenue growth, %

21%15%

Sales and marketing expense

166.8 m173.7 m

General and administrative expense

69.6 m91.7 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

508.9 m525 m556 m625.6 m640 m668 m732.9 m745.8 m770.5 m807.6 m800.5 m

Sales and marketing expense

31.8 m35 m37.4 m37.6 m41.1 m45 m48.7 m43.8 m41.5 m49.2 m45.9 m

General and administrative expense

14.3 m12.7 m13.8 m15.5 m15.8 m17.7 m27.7 m19 m22.5 m25.3 m28.2 m

Operating expense total

483.6 m505 m534.7 m594.5 m634 m656.3 m707 m719.5 m741.5 m758.1 m743.7 m
USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

31.6 m63.7 m94.4 m134.3 m166.2 m184 m

Accounts Receivable

704.9 k1 m

Inventories

375.9 k2.6 b499.5 k

Current Assets

1.8 b1.6 b1.5 b
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

122.6 m100.3 m98 m104.4 m128.4 m146.3 m195.9 m166.7 m160.6 m216.1 m233.9 m

Current Assets

823 m806 m857.5 m1.1 b1 b1.1 b1.2 b1.2 b1 b1.3 b1.2 b

PP&E

26.6 m30.4 m32.4 m33.8 m36.1 m36.4 m41.9 m47.3 m53.1 m63.4 m66.8 m

Goodwill

288.9 m288.9 m288.9 m288.9 m288.9 m290.5 m289.2 m289.2 m289.2 m289.2 m289.2 m
USDFY, 2014FY, 2015FY, 2016

Net Income

15.5 m31.7 m61.4 m

Depreciation and Amortization

84.4 m52.8 m39.2 m

Accounts Receivable

(619 k)

Inventories

(7.4 m)1.3 m(3 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.5 m7.8 m8.5 m15.8 m14.5 m17.6 m11.6 m12.3 m14.6 m28.7 m

Depreciation and Amortization

22 m39.1 m67.8 m14.7 m28.3 m42.6 m8.7 m5 m4.7 m1.4 m

Accounts Payable

2.1 m3.4 m4.8 m(1.4 m)(35 k)2.5 m6.1 m16.6 m18.5 m22.6 m

Cash From Operating Activities

30.3 m53.7 m99 m14.1 m45.2 m104.5 m40.9 m
Y, 2017

Financial Leverage

19.2 x
Show all financial metrics

TriNet Operating Metrics

TriNet's Enterprise Customers was reported to be 14 k in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Enterprise Customers

10 k11 k11 k12 k12.7 k13 k13 k13 k12.7 k14 k14 k

Payrolls Processed Annually

$25 b$31 b$34 b$9.8 b$8 b
Show all operating metrics

TriNet Market Value History

TriNet Revenue Breakdown

TriNet Median Salaries

Source: 126 public H-1B filings from TriNet

TriNet's Web-traffic and Trends

TriNet Online and Social Media Presence

TriNet News and Updates

#YouToo: What tech should do right now to combat sexual harassment

SPONSORED: Presented by Trinet The tech industry has recently been dogged by public allegations of sexual harassment. But as a hotbed for innovation and challenging the status quo, tech companies are in a unique position to lead the charge toward eradicating harassment from our workplaces. Here’s ho…

TriNet Company Life and Culture

You may also be interested in