Trinet (TNET) EV to EBITDA (2014 - 2026)
Trinet's (TNET) EV to EBITDA came in at 4.53 for Q2 2026, down 47.1% from 8.57 a year earlier but up 33.9% from the prior quarter.
Trinet (TNET) EV to EBITDA (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Trinet was 2.29, down 60.6% year-over-year; for FY2025, it came in at 6.48, down 36.2% from FY2024.
- In prior years, Trinet's EV to EBITDA was 10.16 in FY2024 (+4.1%), 9.77 in FY2023 (+59.7%), 6.12 in FY2022 (-40.4%) and 10.25 in FY2021 (-10.8%).
- Quarterly EV to EBITDA has run from a low of 3.38 in Q1 2026 to a high of 12.08 in Q1 2024 over five years.
- On a year-over-year basis, EV to EBITDA has declined in each of the last six quarters, with an average decline of 24.3% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q1 2024, with growth of 82.9%; the weakest was Q1 2026, with a decline of 61.0%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 3.38 (Q1 2026), 6.48 (Q4 2025) and 8.23 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - |
| 10 | Trinet | 2.88 Bn | 1.57 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.53 |
| Mar 31, 2026 | 3.38 |
| Dec 31, 2025 | 6.48 |
| Sep 30, 2025 | 8.23 |
| Jun 30, 2025 | 8.57 |
| Mar 31, 2025 | 8.67 |
| Dec 31, 2024 | 10.01 |
| Sep 30, 2024 | 8.84 |
| Jun 30, 2024 | 8.81 |
| Mar 31, 2024 | 12.08 |
| Dec 31, 2023 | 9.73 |
| Sep 30, 2023 | 10.50 |
| Jun 30, 2023 | 8.87 |
| Mar 31, 2023 | 6.60 |
| Dec 31, 2022 | 6.11 |
| Sep 30, 2022 | 6.22 |
| Jun 30, 2022 | 7.60 |
| Mar 31, 2022 | 9.94 |
| Dec 31, 2021 | 10.88 |
| Sep 30, 2021 | 11.66 |
Trinet EV to 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=ev-to-ebitda&ticker=TNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebitda&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();