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
DateValue
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