TriNet Group, Inc.

NYSE TNET

TriNet Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 18.52%

TriNet Group, Inc. Gross Profit Margin is 18.52% for the Trailing 12 Months (TTM) ending September 30, 2024, a -16.22% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

TriNet Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 22.11%, a -2.32% change year over year.
TriNet Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 22.63%, a 13.98% change year over year.
TriNet Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 19.86%, a -2.08% change year over year.
TriNet Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 20.28%, a 12.16% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NYSE: TNET

TriNet Group, Inc.

CEO	Mr. Michael Quinn Simonds
IPO Date	March 27, 2014
Location	United States
Headquarters	One Park Place
Employees	359,837
Sector	Industrials
Industries Human Resources Enterprise Resource Planning (ERP) Professional Services

Description

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 through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.

Key trends

Past 5 years