Trinet (TNET) Debt to Equity (2013 - 2026)
Trinet (TNET) recorded quarterly Debt to Equity of $10.8 in Q1 2026, down 34.87% quarter-over-quarter from $16.57 in Q4 2025, and down 30.81% on a YoY basis from $15.6 in Q1 2025.
Trinet (TNET) Debt to Equity (2013 - 2026) Analysis & Trends
Trinet's Debt to Equity history runs 14 years deep, the most recent figure standing at $10.8 for Q1 2026.
- In Q1 2026, Debt to Equity fell 30.81% year-over-year to $10.8; the TTM figure through Mar 2026 stood at $10.8 (down 30.81% YoY), while the FY2025 annual figure was $16.57, up 16.34% from the prior year.
- Debt to Equity was $10.8 for Q1 2026 at Trinet, down from $16.57 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $109.1 in Q3 2023 to a low of $0.54 in Q2 2023.
- Historically, Debt to Equity has averaged $13.43 across 5 years, with a median of $8.28 in 2024.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity jumped 18728.55% in 2023, then sank 92.41% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.64 in 2022, then jumped by 2089.5% to $14.01 in 2023, then advanced by 1.67% to $14.25 in 2024, then climbed by 16.34% to $16.57 in 2025, then tumbled by 34.87% to $10.8 in 2026.
- The last three Debt to Equity figures came in at $10.8 (Q1 2026), $16.57 (Q4 2025), and $8.14 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 0.20 |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | - |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 10.80 |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 0.56 |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 5.51 |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | - |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 0.78 |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | - |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 0.29 |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.80 |
| Dec 31, 2025 | 16.57 |
| Sep 30, 2025 | 8.14 |
| Jun 30, 2025 | 9.20 |
| Mar 31, 2025 | 15.60 |
| Dec 31, 2024 | 14.25 |
| Sep 30, 2024 | 8.28 |
| Jun 30, 2024 | 10.68 |
| Mar 31, 2024 | 7.64 |
| Dec 31, 2023 | 14.01 |
| Sep 30, 2023 | 109.10 |
| Jun 30, 2023 | 0.54 |
| Mar 31, 2023 | 0.96 |
| Dec 31, 2022 | 0.64 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.71 |
| Dec 31, 2021 | 0.56 |
| Sep 30, 2021 | 0.61 |
| Jun 30, 2021 | 0.67 |