Trinet (TNET) EBITDA Margin (2013 - 2026)
Trinet's quarterly EBITDA Margin came in at 7.1% in Q1 2026, up 36.0% year-on-year from 5.22% in Q1 2025, and up 8956.12% quarter-over-quarter from 0.08% in Q4 2025.
Trinet has reported EBITDA Margin for 14 years, with the latest figure at 7.1% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 36.0% year-over-year to 7.1%; the trailing twelve-month figure through Mar 2026 stood at 3.2% (down 18.0% YoY), and the FY2025 full-year result was 3.15%, down 25.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 7.1%, up from 0.08% in the prior quarter.
- The five-year high for EBITDA Margin was 11.33% in Q1 2022, with the low at 2.19% in Q4 2024.
- Average EBITDA Margin over 5 years is 5.43%, with a median of 6.53% recorded in 2023.
- Year-over-year, EBITDA Margin tumbled 774 bps in 2024 and surged 211 bps in 2025.
- Tracing TNET's EBITDA Margin over 5 years: stood at 3.85% in 2022, then surged by 44 bps to 5.54% in 2023, then tumbled by 140 bps to 2.19% in 2024, then surged by 96 bps to 0.08% in 2025, then jumped by 8956 bps to 7.1% in 2026.
- The last three EBITDA Margin figures came in at 7.1% (Q1 2026), 0.08% (Q4 2025), and 2.76% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 12.55% |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 2.84% |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 7.10% |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 0.63% |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 3.27% |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 3.26% |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 3.63% |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | -0.49% |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | -4.98% |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | 22.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.10% |
| Dec 31, 2025 | -0.08% |
| Sep 30, 2025 | 2.76% |
| Jun 30, 2025 | 3.07% |
| Mar 31, 2025 | 6.73% |
| Dec 31, 2024 | -2.19% |
| Sep 30, 2024 | 4.15% |
| Jun 30, 2024 | 4.83% |
| Mar 31, 2024 | 6.86% |
| Dec 31, 2023 | 5.54% |
| Sep 30, 2023 | 7.53% |
| Jun 30, 2023 | 6.53% |
| Mar 31, 2023 | 10.75% |
| Dec 31, 2022 | 3.85% |
| Sep 30, 2022 | 6.77% |
| Jun 30, 2022 | 6.83% |
| Mar 31, 2022 | 11.33% |
| Dec 31, 2021 | 5.44% |
| Sep 30, 2021 | 6.53% |
| Jun 30, 2021 | 8.27% |
| Mar 31, 2021 | 9.43% |
| Dec 31, 2020 | 2.07% |
| Sep 30, 2020 | 3.38% |
| Jun 30, 2020 | 13.61% |
| Mar 31, 2020 | 8.87% |
| Dec 31, 2019 | 4.62% |
| Sep 30, 2019 | 5.68% |
| Jun 30, 2019 | 5.03% |
| Mar 31, 2019 | 6.75% |
| Dec 31, 2018 | 3.16% |
| Sep 30, 2018 | 5.83% |
| Jun 30, 2018 | 6.94% |
| Mar 31, 2018 | 6.27% |
| Dec 31, 2017 | 7.78% |
| Sep 30, 2017 | 5.26% |
| Jun 30, 2017 | 4.99% |
| Mar 31, 2017 | 3.59% |
| Dec 31, 2016 | 2.87% |
| Sep 30, 2016 | 1.88% |
| Jun 30, 2016 | 1.66% |
| Mar 31, 2016 | 1.63% |
| Dec 31, 2015 | 4.66% |
| Sep 30, 2015 | 2.37% |
| Jun 30, 2015 | 1.43% |
| Mar 31, 2015 | 5.51% |
| Dec 31, 2014 | 4.03% |
| Sep 30, 2014 | 4.41% |
| Jun 30, 2014 | 4.43% |
| Mar 31, 2014 | 5.60% |
| Dec 31, 2013 | 5.47% |
| Sep 30, 2013 | 2.38% |
| Jun 30, 2013 | 4.58% |
| Mar 31, 2013 | 6.95% |