Trinet (TNET) FCF Margin (2013 - 2026)
Trinet (TNET) recorded quarterly FCF Margin of 10.03% in Q1 2026, up 191.18% quarter-over-quarter from 3.45% in Q4 2025, and up 276.0% on a YoY basis from 2.67% in Q1 2025.
Trinet (TNET) FCF Margin (2013 - 2026) Analysis & Trends
Trinet's FCF Margin history runs 14 years deep, the most recent figure standing at 10.03% for Q1 2026.
- In Q1 2026, FCF Margin rose 276.0% year-over-year to 10.03%; the TTM figure through Mar 2026 stood at 5.32% (down 27.0% YoY), while the FY2025 annual figure was 4.67%, down 81.0% from the prior year.
- FCF Margin was 10.03% for Q1 2026 at Trinet, up from 3.45% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 44.04% in Q4 2023 to a low of 8.76% in Q3 2023.
- Historically, FCF Margin has averaged 7.45% across 5 years, with a median of 5.9% in 2025.
- The sharpest annual moves came in 2022 and 2024: FCF Margin jumped 3422 bps in 2022, then plunged 3895 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 29.81% in 2022, then surged by 48 bps to 44.04% in 2023, then slumped by 88 bps to 5.09% in 2024, then tumbled by 32 bps to 3.45% in 2025, then soared by 191 bps to 10.03% in 2026.
- The last three FCF Margin figures came in at 10.03% (Q1 2026), 3.45% (Q4 2025), and 1.95% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 29.20% |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | -9.29% |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 10.03% |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | -3.00% |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | -3.85% |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | -9.06% |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | -2.24% |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | -2.55% |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | -3.16% |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | 3.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.03% |
| Dec 31, 2025 | 3.45% |
| Sep 30, 2025 | 1.95% |
| Jun 30, 2025 | 5.90% |
| Mar 31, 2025 | 7.28% |
| Dec 31, 2024 | 5.09% |
| Sep 30, 2024 | 6.71% |
| Jun 30, 2024 | 3.22% |
| Mar 31, 2024 | 6.86% |
| Dec 31, 2023 | 44.04% |
| Sep 30, 2023 | -8.76% |
| Jun 30, 2023 | 12.90% |
| Mar 31, 2023 | -7.54% |
| Dec 31, 2022 | 29.81% |
| Sep 30, 2022 | -4.27% |
| Jun 30, 2022 | -7.33% |
| Mar 31, 2022 | 17.24% |
| Dec 31, 2021 | 18.99% |
| Sep 30, 2021 | 16.38% |
| Jun 30, 2021 | -2.45% |