Trinet (TNET) Debt Ratio (2013 - 2026)

Trinet (TNET) recorded quarterly Debt Ratio of 0.26 in Q1 2026, up 11.15% quarter-over-quarter from 0.24 in Q4 2025, and up 0.61% on a YoY basis from 0.26 in Q1 2025.

Trinet (TNET) Debt Ratio (2013 - 2026) Analysis & Trends

Trinet's Debt Ratio history runs 14 years deep, the most recent figure standing at 0.26 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 0.61% year-over-year to 0.26; the TTM figure through Mar 2026 stood at 0.26 (up 0.61% YoY), while the FY2025 annual figure was 0.24, down 1.23% from the prior year.
  • Debt Ratio was 0.26 for Q1 2026 at Trinet, up from 0.24 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.37 in Q3 2023 to a low of 0.14 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.24 across 5 years, with a median of 0.26 in 2025.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio jumped 128.34% in 2023, then slipped 22.14% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.14 in 2022, then surged by 105.45% to 0.3 in 2023, then retreated by 19.37% to 0.24 in 2024, then declined by 1.23% to 0.24 in 2025, then increased by 11.15% to 0.26 in 2026.
  • The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.24 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Korn Ferry 3.69 Bn 2.72 Bn 724.93 Mn 0.10
2 Robert Half 3.13 Bn 2.85 Bn 479.91 Mn -
3 Trinet 2.12 Bn 660.05 Mn 1.16 Bn 0.26
4 ManpowerGroup 1.56 Bn 1.34 Bn 723.00 Mn 0.14
5 Insperity 1.38 Bn 825.54 Mn 302.00 Mn 0.17
6 Barrett Business Services 828.03 Mn 736.15 Mn 43.19 Mn -
7 Kforce 777.11 Mn 775.77 Mn 90.07 Mn 0.24
8 Kelly Services 391.13 Mn 365.53 Mn 196.40 Mn -
9 TrueBlue 205.89 Mn 181.76 Mn 79.02 Mn 0.12
10 HireQuest 172.03 Mn 171.01 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.26
Dec 31, 2025 0.24
Sep 30, 2025 0.26
Jun 30, 2025 0.27
Mar 31, 2025 0.26
Dec 31, 2024 0.24
Sep 30, 2024 0.29
Jun 30, 2024 0.29
Mar 31, 2024 0.28
Dec 31, 2023 0.30
Sep 30, 2023 0.37
Jun 30, 2023 0.15
Mar 31, 2023 0.21
Dec 31, 2022 0.14
Sep 30, 2022 0.16
Jun 30, 2022 0.16
Mar 31, 2022 0.15
Dec 31, 2021 0.15
Sep 30, 2021 0.16
Jun 30, 2021 0.17