Trinet (TNET) FCF Margin (2013 - 2026)
Trinet (TNET) posted FCF Margin of 5.69% for Q2 2026, down 43.31% on a QoQ basis from 10.03% in Q1 2026, and up 108.0% year-over-year from 2.73% in Q2 2025.
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Analysis
Trinet (TNET) FCF Margin (2013 - 2026) Analysis & Trends
Trinet has reported FCF Margin for 14 years, with the latest figure at 5.69% in Q2 2026.
- On a quarterly basis, FCF Margin rose 108.0% year-over-year to 5.69% in Q2 2026; TTM through Jun 2026 was 5.9%, a 111.0% increase from a year earlier, with the FY2025 full-year figure at 4.67%, up 69.0% from the prior year.
- FCF Margin was 5.69% for Q2 2026 at Trinet, down from 10.03% in the prior quarter.
- The five-year high for FCF Margin was 42.6% in Q4 2023, with the low at 10.64% in Q3 2023.
- Average FCF Margin over 5 years is 6.69%, with a median of 4.66% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: FCF Margin jumped 3365 bps in 2022, then tumbled 3892 bps in 2024.
- Over 5 years, FCF Margin stood at 32.37% in 2022, then jumped by 32 bps to 42.6% in 2023, then slumped by 91 bps to 3.68% in 2024, then decreased by 6 bps to 3.45% in 2025, then jumped by 65 bps to 5.69% in 2026.
- The last three FCF Margin figures came in at 5.69% (Q2 2026), 10.03% (Q1 2026), and 3.45% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 3.77 Bn | 3.45 Bn | 474.03 Mn | 7.60% |
| 2 | Trinet | 3.01 Bn | 1.14 Bn | - | 5.69% |
| 3 | ManpowerGroup | 2.66 Bn | 2.48 Bn | 780.30 Mn | -0.17% |
| 4 | Insperity | 1.87 Bn | 1.25 Bn | 217.00 Mn | 2.43% |
| 5 | Amn Healthcare Services | 1.30 Bn | 1.27 Bn | 205.88 Mn | -31.98% |
| 6 | Kforce | 848.71 Mn | 848.38 Mn | 99.45 Mn | -1.87% |
| 7 | Barrett Business Services | 789.48 Mn | 690.09 Mn | 64.85 Mn | -19.22% |
| 8 | Quhuo | 561.27 Mn | 554.90 Mn | 1.19 Mn | - |
| 9 | Kelly Services | 549.13 Mn | 524.93 Mn | 212.00 Mn | 4.59% |
| 10 | Cross Country Healthcare | 428.41 Mn | 322.82 Mn | 47.59 Mn | 1.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.69% |
| Mar 31, 2026 | 10.03% |
| Dec 31, 2025 | 3.45% |
| Sep 30, 2025 | 4.46% |
| Jun 30, 2025 | 4.60% |
| Mar 31, 2025 | 6.11% |
| Dec 31, 2024 | 3.68% |
| Sep 30, 2024 | 4.71% |
| Jun 30, 2024 | 1.77% |
| Mar 31, 2024 | 5.69% |
| Dec 31, 2023 | 42.60% |
| Sep 30, 2023 | -10.64% |
| Jun 30, 2023 | 10.50% |
| Mar 31, 2023 | -7.54% |
| Dec 31, 2022 | 32.37% |
| Sep 30, 2022 | -5.00% |
| Jun 30, 2022 | -8.67% |
| Mar 31, 2022 | 16.67% |
| Dec 31, 2021 | 18.10% |
| Sep 30, 2021 | 14.11% |