Trinet (TNET) Change in Taxes (2013 - 2018)
Trinet (TNET) recorded quarterly Change in Taxes of $1.0 million in Q3 2018, down 90.91% quarter-over-quarter from $11.0 million in Q2 2018, and up 107.14% on a YoY basis from $482758.6 in Q3 2017.
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 was $1.0 million for Q3 2018 at Trinet, down from $11.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $38.4 million in Q4 2016 to a low of -$29.2 million in Q1 2015.
- Historically, Change in Taxes has averaged -$32263.2 across 5 years, with a median of -$3.2 million in 2016.
- The sharpest annual moves came in 2014 and 2015: Change in Taxes surged 1960.25% in 2014, then slumped 669.41% in 2015.
- A 5-year view of Change in Taxes shows it stood at -$6.3 million in 2014, then jumped by 157.14% to $3.6 million in 2015, then jumped by 974.03% to $38.4 million in 2016, then sank by 86.97% to $5.0 million in 2017, then plunged by 80.0% to $1.0 million in 2018.
- The last three Change in Taxes figures came in at $1.0 million (Q3 2018), $11.0 million (Q2 2018), and -$13.0 million (Q1 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 11,000.00 |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 1.38 Mn |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | - |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | - |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | -1.00 Mn |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | 10.30 Mn |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | - |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | - |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | - |
| 10 | HireQuest | 172.03 Mn | 171.01 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 |