Trinet (TNET) EBITDA Margin (2013 - 2026)
Trinet (TNET) posted quarterly EBITDA Margin of 7.47% for Q2 2026, up 214.0% year-over-year from 2.38% in Q2 2025, and down 37.7% quarter-over-quarter from 11.99% in Q1 2026.
Trinet (TNET) EBITDA Margin (2013 - 2026) Analysis & Trends
Trinet's EBITDA Margin history runs 14 years deep, the most recent figure standing at 7.47% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 214.0% year-over-year to 7.47%; the TTM figure through Jun 2026 stood at 6.41% (up 168.0% YoY), while the FY2025 annual figure was 5.45%, down 25.0% from the prior year.
- EBITDA Margin for Q2 2026 stood at 7.47%, down from 11.99% in the prior quarter.
- The five-year high for EBITDA Margin was 16.75% in Q1 2022, with the low at 1.96% in Q4 2024.
- The 5-year median for EBITDA Margin is 7.75% (2026), against an average of 7.73%.
- The sharpest annual moves came in 2022 and 2024: EBITDA Margin soared 373 bps in 2022, then plunged 856 bps in 2024.
- Trinet's EBITDA Margin stood at 4.49% in 2022, then surged by 47 bps to 6.61% in 2023, then tumbled by 130 bps to 1.96% in 2024, then soared by 161 bps to 1.2% in 2025, then surged by 522 bps to 7.47% in 2026.
- Business Quant data shows TNET's EBITDA Margin at 7.47% in Q2 2026, 11.99% in Q1 2026, and 1.2% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.38 Bn | 4.06 Bn | 474.03 Mn | -4.66% |
| 2 | Korn Ferry | 4.35 Bn | 3.22 Bn | 685.99 Mn | 13.21% |
| 3 | Trinet | 3.16 Bn | 1.29 Bn | - | 7.47% |
| 4 | ManpowerGroup | 2.84 Bn | 2.66 Bn | 780.30 Mn | 2.30% |
| 5 | Insperity | 1.98 Bn | 1.36 Bn | 217.00 Mn | 0.36% |
| 6 | Kforce | 972.09 Mn | 971.76 Mn | 99.45 Mn | 5.37% |
| 7 | Barrett Business Services | 807.62 Mn | 708.23 Mn | 64.85 Mn | 3.13% |
| 8 | Kelly Services | 579.49 Mn | 555.29 Mn | 212.00 Mn | 1.55% |
| 9 | TrueBlue | 320.26 Mn | 297.01 Mn | 91.58 Mn | -0.26% |
| 10 | HireQuest | 232.43 Mn | 230.79 Mn | - | 41.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.47% |
| Mar 31, 2026 | 11.99% |
| Dec 31, 2025 | 0.16% |
| Sep 30, 2025 | 6.01% |
| Jun 30, 2025 | 7.35% |
| Mar 31, 2025 | 10.84% |
| Dec 31, 2024 | -2.58% |
| 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% |