Trinet (TNET) Change in Taxes (2013 - 2018)
Trinet (TNET) posted quarterly Change in Taxes of $1.0 million for Q3 2018, up 107.14% year-over-year from $482758.6 in Q3 2017, and down 90.91% quarter-over-quarter from $11.0 million in Q2 2018.
Trinet (TNET) Change in Taxes (2013 - 2018) Analysis & Trends
Trinet's Change in Taxes history runs 6 years deep, the most recent figure standing at $1.0 million for Q3 2018.
- In Q3 2018, Change in Taxes rose 107.14% year-over-year to $1.0 million; the TTM figure through Sep 2018 stood at $4.0 million (up 210.68% YoY), while the FY2017 annual figure was -$37.0 million, down 197.37% from the prior year.
- Change in Taxes for Q3 2018 stood at $1.0 million, down from $11.0 million in the prior quarter.
- The five-year high for Change in Taxes was $38.4 million in Q4 2016, with the low at -$29.2 million in Q1 2015.
- The 5-year median for Change in Taxes is -$3.2 million (2016), against an average of -$32263.2.
- The sharpest annual moves came in 2014 and 2015: Change in Taxes jumped 1960.25% in 2014, then sank 669.41% in 2015.
- Trinet's Change in Taxes stood at -$6.3 million in 2014, then soared by 157.14% to $3.6 million in 2015, then soared by 974.03% to $38.4 million in 2016, then plunged by 86.97% to $5.0 million in 2017, then tumbled by 80.0% to $1.0 million in 2018.
- Business Quant data shows TNET's Change in Taxes at $1.0 million in Q3 2018, $11.0 million in Q2 2018, and -$13.0 million in Q1 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.49 Bn | 4.16 Bn | 474.03 Mn | -5.10 Mn |
| 2 | Korn Ferry | 4.38 Bn | 3.24 Bn | 685.99 Mn | -4.30 Mn |
| 3 | Trinet | 3.24 Bn | 1.36 Bn | - | - |
| 4 | ManpowerGroup | 2.89 Bn | 2.71 Bn | 780.30 Mn | - |
| 5 | Insperity | 2.01 Bn | 1.39 Bn | 217.00 Mn | 4.00 Mn |
| 6 | Kforce | 978.37 Mn | 978.04 Mn | 99.45 Mn | - |
| 7 | Barrett Business Services | 817.12 Mn | 717.73 Mn | 64.85 Mn | 3.23 Mn |
| 8 | Kelly Services | 594.06 Mn | 569.86 Mn | 212.00 Mn | - |
| 9 | TrueBlue | 321.78 Mn | 298.53 Mn | 91.58 Mn | - |
| 10 | HireQuest | 234.33 Mn | 232.69 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2018 | 1.00 Mn |
| Sep 30, 2018 | 1.00 Mn |
| Jun 30, 2018 | 11.00 Mn |
| Jun 30, 2018 | 11.00 Mn |
| Mar 31, 2018 | -13.00 Mn |
| Mar 31, 2018 | -13.00 Mn |
| Dec 31, 2017 | 5.00 Mn |
| Dec 31, 2017 | 5.00 Mn |
| Sep 30, 2017 | -14.00 Mn |
| Sep 30, 2017 | -14.00 Mn |
| Jun 30, 2017 | -13.00 Mn |
| Jun 30, 2017 | -13.00 Mn |
| Mar 31, 2017 | -15.00 Mn |
| Mar 31, 2017 | -15.00 Mn |
| Dec 31, 2016 | 38.39 Mn |
| Dec 31, 2016 | 38.39 Mn |
| Sep 30, 2016 | -3.25 Mn |
| Sep 30, 2016 | -3.25 Mn |
| Jun 30, 2016 | 9.60 Mn |
| Jun 30, 2016 | 9.60 Mn |