TriNet (TNET) stock price, revenue, and financials

TriNet market cap is $4.8 b, and annual revenue was $4.03 b in FY 2020

$4.8 B

TNET Mkt cap, 22-Jul-2021

$4 B

TriNet Revenue FY, 2020
TriNet Net income (FY, 2020)272 M
TriNet EBIT (FY, 2020)368 M
TriNet Cash, 31-Dec-2020301 M
TriNet EV4.9 B
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TriNet Revenue Breakdown

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TriNet revenue breakdown by business segment: 86.3% from Insurance Services and 13.7% from Professional Services

TriNet Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.1b3.3b3.5b3.9b4.0b

Revenue growth, %

15%7%7%10%

Cost of goods sold

2.6b2.7b2.8b3.2b

Gross profit

456.1m596.0m664.0m684.0m

Gross profit Margin, %

15%18%19%18%

Sales and marketing expense

173.7m187.0m182.0m190.0m186.0m

R&D expense

31.4m45.0m49.0m43.0m40.0m

General and administrative expense

91.7m114.0m142.0m137.0m152.0m

Operating expense total

332.2m379.0m413.0m416.0m378.0m

Depreciation and amortization

35.3m33.0m40.0m46.0m67.0m

EBIT

124.0m217.0m251.0m268.0m368.0m

EBIT margin, %

4%7%7%7%9%

Interest expense

20.3m20.0m22.0m21.0m

Interest income

3.0m12.0m23.0m10.0m

Pre tax profit

104.5m200.0m241.0m270.0m357.0m

Income tax expense

43.0m22.0m49.0m58.0m85.0m

Net Income

61.4m178.0m192.0m212.0m272.0m

TriNet Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

184.0m336.0m228.0m213.0m301.0m

Accounts Receivable

11.0m9.0m18.0m

Prepaid Expenses

10.8m8.0m48.0m52.0m63.0m

Current Assets

1.5b2.0b1.6b1.9b2.2b

PP&E

58.6m70.0m79.0m85.0m79.0m

Goodwill

289.2m289.0m289.0m289.0m294.0m

Total Assets

2.1b2.6b2.4b2.7b3.0b

Accounts Payable

22.5m45.0m45.0m31.0m50.0m

Short-term debt

36.6m40.0m22.0m39.0m33.0m

Current Liabilities

1.4b1.8b1.4b1.6b1.9b

Long-term debt

422.5m383.0m391.0m417.0m397.0m

Total Debt

459.1m423.0m413.0m456.0m430.0m

Total Liabilities

2.1b2.4b2.1b2.3b2.4b

Common Stock

66.5m

Preferred Stock

Additional Paid-in Capital

535.1m583.0m641.0m694.0m747.0m

Retained Earnings

(499.9m)(377.0m)(266.0m)(219.0m)(144.0m)

Total Equity

34.6m206.0m375.0m475.0m607.0m

Debt to Equity Ratio

13.3 x2.1 x1.1 x1 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.2 x

Financial Leverage

60.6 x12.6 x6.5 x5.8 x5 x

TriNet Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

61.4m178.0m192.0m212.0m272.0m

Depreciation and Amortization

39.2m35.0m46.0m57.0m72.0m

Accounts Receivable

10.0m5.0m(7.0m)

Accounts Payable

9.2m22.0m(8.0m)(15.0m)19.0m

Cash From Operating Activities

144.5m253.0m(104.0m)471.0m546.0m

Purchases of PP&E

(39.6m)(38.0m)(43.0m)(45.0m)(36.0m)

Cash From Investing Activities

(27.1m)(24.0m)(200.0m)(188.0m)(151.0m)

Short-term Borrowings

(234.0m)

Long-term Borrowings

(94.6m)(38.0m)(226.0m)(22.0m)(22.0m)

Cash From Financing Activities

(99.4m)(77.0m)(85.0m)(176.0m)(208.0m)

Net Change in Cash

17.8m152.0m(389.0m)107.0m187.0m

Interest Paid

15.4m16.0m17.0m19.0m16.0m

Income Taxes Paid

39.3m2.0m49.0m62.0m123.0m

TriNet Ratios

USDFY, 2016

Revenue/Employee

1.2m

Debt/Equity

13.3 x

Debt/Assets

0.2 x

Financial Leverage

60.6 x

TriNet Operating Metrics

TriNet's Enterprise Customers was reported to be 18.9 k in FY, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Enterprise Customers

10 k11 k11 k12 k12.7 k13 k13 k13 k13.9 k14 k14 k15 k14.8 k16 k16 k16.4 k16.9 k18.9 k

Payroll Payments

$25 b$31 b$34.28 b$9.82 b$7.96 b$8.06 b$37.12 b$10.32 b$8.37 b$8.67 b$37.67 b$11.62 b$9.11 b$9.4 b$41.7 b

Average Number of Worksite Employees Paid

326.85 k327.8 k324.19 k324.04 k324.68 k314.56 k313.85 k318.13 k317.1 k312.76 k318.87 k330.97 k324.93 k

Worksite Employees Paid

337.89 k330.73 k329.1 k325.14 k325.37 k316.72 k318.92 k317.5 k325.62 k316.91 k323.96 k331.58 k340.02 k

TriNet Employee Rating

3.2828 votes
Culture & Values
3.2
Work/Life Balance
3.2
Senior Management
2.9
Salary & Benefits
3.6
Career Opportunities
3.2
Source