Trinet (TNET) Depreciation Expense (2013 - 2018)
Trinet's quarterly Depreciation Expense came in at $9.0 million in Q4 2018, up 12.5% year-on-year from $8.0 million in Q4 2017, and down 10.0% quarter-over-quarter from $10.0 million in Q3 2018.
Trinet has reported Depreciation Expense for 6 years, with the latest figure at $9.0 million in Q4 2018.
- For the quarter ending Q4 2018, Depreciation Expense rose 12.5% year-over-year to $9.0 million; the trailing twelve-month figure through Dec 2018 stood at $27.0 million (down 3.57% YoY), and the FY2025 full-year result was $5.0 million, down 28.57% from the prior year.
- Depreciation Expense for Q4 2018 stood at $9.0 million, down from $10.0 million in the prior quarter.
- The five-year high for Depreciation Expense was $10.0 million in Q3 2018, with the low at $3.2 million in Q2 2015.
- Average Depreciation Expense over 5 years is $5.4 million, with a median of $4.6 million recorded in 2016.
- Year-over-year, Depreciation Expense declined 2.71% in 2014 and soared 54.2% in 2017.
- Tracing TNET's Depreciation Expense over 5 years: stood at $4.1 million in 2014, then rose by 2.94% to $4.2 million in 2015, then increased by 25.9% to $5.3 million in 2016, then soared by 49.9% to $8.0 million in 2017, then gained by 12.5% to $9.0 million in 2018.
- The last three Depreciation Expense figures came in at $9.0 million (Q4 2018), $10.0 million (Q3 2018), and $8.0 million (Q1 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | - |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 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 | - |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 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 |
|---|---|
| Dec 31, 2018 | 9.00 Mn |
| Sep 30, 2018 | 10.00 Mn |
| Mar 31, 2018 | 8.00 Mn |
| Dec 31, 2017 | 8.00 Mn |
| Sep 30, 2017 | 8.00 Mn |
| Jun 30, 2017 | 6.00 Mn |
| Mar 31, 2017 | 6.00 Mn |
| Dec 31, 2016 | 5.34 Mn |
| Sep 30, 2016 | 5.19 Mn |
| Jun 30, 2016 | 4.56 Mn |
| Mar 31, 2016 | 3.92 Mn |
| Dec 31, 2015 | 4.24 Mn |
| Sep 30, 2015 | 4.13 Mn |
| Jun 30, 2015 | 3.20 Mn |
| Mar 31, 2015 | 3.43 Mn |
| Dec 31, 2014 | 4.12 Mn |
| Sep 30, 2014 | 3.27 Mn |
| Jun 30, 2014 | 3.24 Mn |
| Mar 31, 2014 | 3.22 Mn |
| Dec 31, 2013 | 2.83 Mn |
| Sep 30, 2013 | 3.36 Mn |
| Jun 30, 2013 | 2.73 Mn |
| Mar 31, 2013 | 2.83 Mn |