TNET TriNet Dashboard

TriNet provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll and real-time technology. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most-growing their business. TriNet, incredible starts here.

Company profile

Ticker

TNET

Exchange

NYSE

Website

www.trinet.com

CEO

Burton Goldfield

Location

California

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Human Resources Consulting Services

Industry (SIC)

Services - Business Services, NEC

Alibaba Group Holding • Visa • Uber • EBay • PayPal • Accenture • Nielsen • Conduent • Mastercard • MultiPlan ...

Former names

TRINET EMPLOYER GROUP INC, TRINET GROUP INC

SEC CIK

0000937098

Corporate docs

Articles of Incorporation & Bylaws

TNET stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

62 Biggest Movers From Yesterday

28 Jul 21

Gainers Intrusion Inc. (NASDAQ: INTZ) shares surged 52.1% to settle at $5.14 on Tuesday. Intrusion recently issued worse-than-expected preliminary Q2 sales results and announced the departure of its CEO.

44 Stocks Moving In Tuesday's Mid-Day Session

27 Jul 21

Gainers

Trinet Group: Q2 Earnings Insights

26 Jul 21

Shares of Trinet Group (NYSE:TNET) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 23.15% over the past year to $1.56, which beat the estimate of $0.81.

Trinet Group Q2 EPS $1.56 Beats $0.81 Estimate, Net Service Revenues $302.00M Beat $236.27M Estimate

26 Jul 21

Earnings Scheduled For July 26, 2021

26 Jul 21

Press releases

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71st Secretary of the Treasury Dr. Lawrence H. Summers Added to TriNet PeopleForce Roster of Esteemed Speakers

30 Jul 21

DUBLIN, Calif., July 30, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of Dr. Lawrence H. Summers, American

TriNet Named to Forbes' List of Best Employers for Women 2021

27 Jul 21

DUBLIN, Calif., July 27, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced it has been named to the Forbes List of Best

TriNet Announces Second Quarter 2021 Results

26 Jul 21

DUBLIN, Calif., July 26, 2021 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced financial results for the

TIME'S UP CEO Tina Tchen Joins TriNet PeopleForce Roster of Distinguished Speakers

23 Jul 21

TriNet to Report Second Quarter 2021 Financial Results on July 26

12 Jul 21

Calendar

26 Jul 21

31 Jul 21

31 Dec 21

Financial summary

Financial statements Chart TNET financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from TriNet earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.36B	1.36B	1.36B	1.36B	1.36B	1.36B
Cash burn (monthly)	53.33M	(positive/no burn)	(positive/no burn)	(positive/no burn)	5M	(positive/no burn)
Cash used (since last report)	54.2M	n/a	n/a	n/a	5.08M	n/a
Cash remaining	1.31B	n/a	n/a	n/a	1.36B	n/a
Runway (months of cash)	24.5	n/a	n/a	n/a	271.2	n/a

Beta Read what these cash burn values mean

Recent insider trades

TNET insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
27 Jul 21	Martin Babinec	Common Stock	Sell	Dispose S	Yes	Yes	75	15,000	1.13M	2,475,196
23 Jul 21	Martin Babinec	Common Stock	Sell	Dispose S	Yes	Yes	72.7539	4,600	334.67K	512,969
23 Jul 21	Martin Babinec	Common Stock	Sell	Dispose S	Yes	Yes	72.9892	809	59.05K	2,490,196
23 Jul 21	Martin Babinec	Common Stock	Sell	Dispose S	Yes	Yes	72.7311	6,691	486.64K	2,491,005
23 Jul 21	Burton M. Goldfield	Common Stock	Sell	Dispose S	No	Yes	73.015	40	2.92K	221,295
23 Jul 21	Burton M. Goldfield	Common Stock	Sell	Dispose S	No	Yes	72.7368	1,960	142.56K	221,335
23 Jul 21	Burton M. Goldfield	Common Stock	Option exercise	Aquire M	No	Yes	10.98	2,000	21.96K	223,295
23 Jul 21	Burton M. Goldfield	Employee Stock Option Common Stock	Option exercise	Dispose M	No	Yes	10.98	2,000	21.96K	115,285
22 Jul 21	H Raymond Bingham	Common Stock	Sell	Dispose S	Yes	Yes	72.2247	415	29.97K	97,773
21 Jul 21	H Raymond Bingham	Common Stock	Sell	Dispose S	Yes	Yes	73.3	35	2.57K	98,188

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

TNET institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

3.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	212	-99.5%
Opened positions	0	33	EXIT
Closed positions	211	29	+627.6%
Increased positions	0	62	EXIT
Reduced positions	0	86	EXIT

13F shares	Current	Prev Q	Change
Total value	209.42M	5.16B	-95.9%
Total shares	2.6M	64.07M	-95.9%
Total puts	0	64.2K	EXIT
Total calls	0	72K	EXIT
Total put/call ratio	–	0.9	–

Largest owners	Shares	Value	Change
Martin Babinec	2.6M	$209.42M	0.0%

Largest transactions	Shares	Bought/sold	Change
Atairos	0	-21.45M	EXIT
Wellington Management	0	-5.95M	EXIT
Vanguard	0	-4.18M	EXIT
Cantillon Capital Management	0	-4.01M	EXIT
ArrowMark Colorado	0	-3.37M	EXIT
BLK Blackrock	0	-3.06M	EXIT
FMR	0	-3M	EXIT
Dimensional Fund Advisors	0	-1.27M	EXIT
JHG Janus Henderson	0	-1.2M	EXIT
Teacher Retirement System Of Texas	0	-1.04M	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Automatic Data Processing • Paychex • Barrett Business Services • Insperity • ShiftPixy

Management Discussion

(1) Refer to Non-GAAP measures definitions and reconciliations from GAAP measures below.
A discussion regarding our financial condition and results of operations for 2019 compared to 2018 can be found under Part II, Item 7. Management's Discussion and Analysis in our Annual Report on Form 10-K for the year ended December 31, 2019, filed with the SEC on February 13, 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Good

New words: agility, alter, ascertain, behavioral, broad, cafeteria, cloud, Code, confirming, confusion, context, contrary, diverse, entitled, evidenced, exceeding, frequency, hour, indefinite, introduced, judicial, licensing, longer, mandate, mechanism, occurrence, order, outsourcing, PATH, popular, preemption, Preferred, purported, qualification, regular, rent, research, restated, role, routine, routinely, safety, Similarly, single, smaller, solution, submitted, training, transformation, uniform, verified, version, wage, welfare, worker

Removed: delay, drove, earn, end, initiated, NIM, NSR, proportionally, recognize, remote

From filing 10-Q 2021 Q2