Trinet (TNET) EBITDA Margin (2013 - 2026)
Trinet (TNET) posted EBITDA Margin of 7.47% for Q2 2026, down 32.66% on a QoQ basis from 11.09% in Q1 2026, and up 214.0% year-over-year from 2.38% in Q2 2025.
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Trinet (TNET) EBITDA Margin (2013 - 2026) Analysis & Trends
Trinet has reported EBITDA Margin for 14 years, with the latest figure at 7.47% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 214.0% year-over-year to 7.47% in Q2 2026; TTM through Jun 2026 was 6.18%, a 162.0% increase from a year earlier, with the FY2025 full-year figure at 5.55%, down 29.0% from the prior year.
- EBITDA Margin was 7.47% for Q2 2026 at Trinet, down from 11.09% in the prior quarter.
- The five-year high for EBITDA Margin was 16.75% in Q1 2022, with the low at 1.72% in Q4 2024.
- Average EBITDA Margin over 5 years is 7.64%, with a median of 7.75% recorded in 2026.
- The sharpest annual moves came in 2022 and 2024: EBITDA Margin surged 373 bps in 2022, then slumped 833 bps in 2024.
- Over 5 years, EBITDA Margin stood at 4.49% in 2022, then jumped by 47 bps to 6.61% in 2023, then plunged by 126 bps to 1.72% in 2024, then surged by 170 bps to 1.2% in 2025, then jumped by 522 bps to 7.47% in 2026.
- The last three EBITDA Margin figures came in at 7.47% (Q2 2026), 11.09% (Q1 2026), and 1.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 3.86 Bn | 3.54 Bn | 474.03 Mn | -4.66% |
| 2 | Trinet | 3.06 Bn | 1.18 Bn | - | 7.47% |
| 3 | ManpowerGroup | 2.67 Bn | 2.49 Bn | 780.30 Mn | 2.30% |
| 4 | Insperity | 1.91 Bn | 1.29 Bn | 217.00 Mn | 0.36% |
| 5 | Amn Healthcare Services | 1.34 Bn | 1.31 Bn | 205.88 Mn | 4.00% |
| 6 | Kforce | 861.70 Mn | 861.37 Mn | 99.45 Mn | 5.37% |
| 7 | Barrett Business Services | 790.34 Mn | 690.95 Mn | 64.85 Mn | 3.13% |
| 8 | Quhuo | 561.27 Mn | 554.90 Mn | 1.19 Mn | -7.11% |
| 9 | Kelly Services | 552.42 Mn | 528.22 Mn | 212.00 Mn | 1.55% |
| 10 | Cross Country Healthcare | 428.41 Mn | 322.82 Mn | 47.59 Mn | -1.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.47% |
| Mar 31, 2026 | 11.09% |
| Dec 31, 2025 | 1.20% |
| Sep 30, 2025 | 5.11% |
| Jun 30, 2025 | 5.33% |
| Mar 31, 2025 | 9.98% |
| Dec 31, 2024 | -1.72% |
| Sep 30, 2024 | 4.63% |
| Jun 30, 2024 | 6.44% |
| Mar 31, 2024 | 9.52% |
| Dec 31, 2023 | 6.61% |
| Sep 30, 2023 | 9.49% |
| Jun 30, 2023 | 8.02% |
| Mar 31, 2023 | 13.56% |
| Dec 31, 2022 | 4.49% |
| Sep 30, 2022 | 9.67% |
| Jun 30, 2022 | 9.92% |
| Mar 31, 2022 | 16.75% |
| Dec 31, 2021 | 7.39% |
| Sep 30, 2021 | 9.15% |