Trinet (TNET) EBITDA (2013 - 2026)
Trinet's EBITDA was $120 million in Q2 2026, up 29.0% from $93 million a year earlier but down 27.7% from the prior quarter.
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Analysis
Trinet (TNET) EBITDA (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trinet's EBITDA was $423 million through Jun 30, 2026, up 15.3% year-over-year; for FY2025, it was $388 million, down 4.7% from FY2024.
- EBITDA has now declined for three consecutive years, with a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In earlier years, EBITDA was $407 million in FY2024 (-29.9%), $581 million in FY2023 (-3.3%), $601 million in FY2022 (+11.3%) and $540 million in FY2021 (+24.1%).
- Quarterly EBITDA has moved between $9 million (Q4 2024) and $229 million (Q1 2023) over five years.
- Compared with a year earlier, EBITDA has increased for three straight quarters, with growth averaging 33.1% over the last eight quarters.
- The best year-over-year quarter for EBITDA over five years was Q4 2025 (growth of 388.9%); the worst was Q4 2024 (a decline of 91.5%).
- Per Business Quant data, TNET's EBITDA in the three quarters before Q2 2026 was $166 million (Q1 2026), $44 million (Q4 2025) and $93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 151.82 Bn | 111.10 Bn | 6.13 Bn | 3.76 Bn |
| 2 | Cintas | 89.70 Bn | 88.78 Bn | 1.55 Bn | 839.21 Mn |
| 3 | Iron Mountain | 32.81 Bn | 32.00 Bn | 1.07 Bn | 662.99 Mn |
| 4 | APi | 17.19 Bn | 14.22 Bn | 703.00 Mn | 264.00 Mn |
| 5 | Rollins | 16.57 Bn | 16.12 Bn | 582.90 Mn | 256.13 Mn |
| 6 | Gartner | 15.44 Bn | 9.13 Bn | 1.19 Bn | 425.01 Mn |
| 7 | UL Solutions | 14.82 Bn | 13.58 Bn | 417.00 Mn | 196.00 Mn |
| 8 | Aramark | 13.91 Bn | 11.85 Bn | 430.34 Mn | 351.69 Mn |
| 9 | Rentokil Initial | 11.50 Bn | 5.01 Bn | - | - |
| 10 | Trinet | 3.48 Bn | 2.18 Bn | - | 120.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 120.00 Mn |
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 44.00 Mn |
| Sep 30, 2025 | 93.00 Mn |
| Jun 30, 2025 | 93.00 Mn |
| Mar 31, 2025 | 158.00 Mn |
| Dec 31, 2024 | 9.00 Mn |
| Sep 30, 2024 | 107.00 Mn |
| Jun 30, 2024 | 128.00 Mn |
| Mar 31, 2024 | 169.00 Mn |
| Dec 31, 2023 | 106.00 Mn |
| Sep 30, 2023 | 133.00 Mn |
| Jun 30, 2023 | 115.00 Mn |
| Mar 31, 2023 | 229.00 Mn |
| Dec 31, 2022 | 60.00 Mn |
| Sep 30, 2022 | 173.00 Mn |
| Jun 30, 2022 | 144.00 Mn |
| Mar 31, 2022 | 225.00 Mn |
| Dec 31, 2021 | 82.00 Mn |
| Sep 30, 2021 | 123.00 Mn |
API Access
Trinet EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "TNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();