Trinet (TNET) EBITDA Margin (2013 - 2026)
Trinet (TNET) reported EBITDA Margin of 10.19% for Q2 2026, up 2.67 percentage points from 7.51% a year earlier but down 3.35 percentage points from the prior quarter.
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Analysis
Trinet (TNET) EBITDA Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trinet's EBITDA Margin came in at 8.66%, up 1.41 percentage points year-over-year; for FY2025, it came in at 7.74%, down 0.31 percentage points from FY2024.
- EBITDA Margin has declined for three consecutive years, with a five-year change of -3.04 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 8.05% in FY2024 (-3.58 pp), 11.63% in FY2023 (-0.61 pp), 12.25% in FY2022 (+0.35 pp) and 11.89% in FY2021 (+1.11 pp).
- Five-year quarterly EBITDA Margin spans a low of 0.70% in Q4 2024 and a high of 18.47% in Q1 2022.
- Year over year, EBITDA Margin has now increased in each of the last three quarters, with an average year-over-year change of -0.95 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q3 2021 (a gain of 4.36 percentage points); the low point was Q4 2024 (a drop of 7.34 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 13.54% (Q1 2026), 3.53% (Q4 2025) and 7.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | 20.09% |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | 27.67% |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | 32.67% |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | 11.71% |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | 21.79% |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | 6.95% |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | 24.02% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 25.28% |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Trinet | 2.88 Bn | 1.57 Bn | - | 10.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.19% |
| Mar 31, 2026 | 13.54% |
| Dec 31, 2025 | 3.53% |
| Sep 30, 2025 | 7.55% |
| Jun 30, 2025 | 7.51% |
| Mar 31, 2025 | 12.23% |
| Dec 31, 2024 | 0.70% |
| Sep 30, 2024 | 8.55% |
| Jun 30, 2024 | 10.30% |
| Mar 31, 2024 | 13.18% |
| Dec 31, 2023 | 8.05% |
| Sep 30, 2023 | 10.88% |
| Jun 30, 2023 | 9.51% |
| Mar 31, 2023 | 18.38% |
| Dec 31, 2022 | 4.81% |
| Sep 30, 2022 | 13.94% |
| Jun 30, 2022 | 12.00% |
| Mar 31, 2022 | 18.47% |
| Dec 31, 2021 | 6.66% |
| Sep 30, 2021 | 10.71% |
API Access
Trinet EBITDA Margin 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-margin&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();