Trinet (TNET) Change in Taxes (2013 - 2018)
Trinet's quarterly Change in Taxes came in at $1.0 million in Q3 2018, up 107.14% year-on-year from $482758.6 in Q3 2017, and down 90.91% quarter-over-quarter from $11.0 million in Q2 2018.
Trinet has reported Change in Taxes for 6 years, with the latest figure at $1.0 million in Q3 2018.
- For the quarter ending Q3 2018, Change in Taxes rose 107.14% year-over-year to $1.0 million; the trailing twelve-month figure through Sep 2018 stood at $4.0 million (up 210.68% YoY), and the FY2017 full-year result 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.
- Average Change in Taxes over 5 years is -$32263.2, with a median of -$3.2 million recorded in 2016.
- Year-over-year, Change in Taxes jumped 1960.25% in 2014 and slumped 669.41% in 2015.
- Tracing TNET's Change in Taxes over 5 years: stood at -$6.3 million in 2014, then surged by 157.14% to $3.6 million in 2015, then surged 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.
- 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 | 3.61 Bn | 2.64 Bn | 724.93 Mn | 11,000.00 |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 1.38 Mn |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | - |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | - |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | -1.00 Mn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 10.30 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | - |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | - |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | - |
| 10 | HireQuest | 182.43 Mn | 181.41 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 |
| Mar 31, 2016 | -6.74 Mn |
| Mar 31, 2016 | -6.74 Mn |
| Dec 31, 2015 | 3.57 Mn |
| Dec 31, 2015 | 3.57 Mn |
| Sep 30, 2015 | -3.62 Mn |
| Sep 30, 2015 | -3.62 Mn |
| Jun 30, 2015 | 5.20 Mn |
| Jun 30, 2015 | 5.20 Mn |
| Mar 31, 2015 | -29.15 Mn |
| Mar 31, 2015 | -29.15 Mn |
| Dec 31, 2014 | -6.26 Mn |
| Dec 31, 2014 | -6.26 Mn |
| Sep 30, 2014 | 23.18 Mn |
| Sep 30, 2014 | 23.18 Mn |
| Jun 30, 2014 | 10.25 Mn |
| Jun 30, 2014 | 10.25 Mn |
| Mar 31, 2014 | -3.79 Mn |
| Mar 31, 2014 | -3.79 Mn |
| Dec 31, 2013 | -18.71 Mn |
| Dec 31, 2013 | -18.71 Mn |
| Sep 30, 2013 | 9.25 Mn |
| Sep 30, 2013 | 9.25 Mn |
| Jun 30, 2013 | -551,000.00 |
| Jun 30, 2013 | -551,000.00 |
| Mar 31, 2013 | 3.61 Mn |
| Mar 31, 2013 | 3.61 Mn |