Trinet (TNET) FCF Margin (2013 - 2026)
Trinet's quarterly FCF Margin came in at 10.03% in Q1 2026, up 276.0% year-on-year from 2.67% in Q1 2025, and up 191.18% quarter-over-quarter from 3.45% in Q4 2025.
Trinet has reported FCF Margin for 14 years, with the latest figure at 10.03% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 276.0% year-over-year to 10.03%; the trailing twelve-month figure through Mar 2026 stood at 5.32% (down 27.0% YoY), and the FY2025 full-year result was 4.67%, down 81.0% from the prior year.
- FCF Margin for Q1 2026 stood at 10.03%, up from 3.45% in the prior quarter.
- The five-year high for FCF Margin was 44.04% in Q4 2023, with the low at 8.76% in Q3 2023.
- Average FCF Margin over 5 years is 7.45%, with a median of 5.9% recorded in 2025.
- Year-over-year, FCF Margin soared 3422 bps in 2022 and plunged 3895 bps in 2024.
- Tracing TNET's FCF Margin over 5 years: stood at 29.81% in 2022, then soared by 48 bps to 44.04% in 2023, then sank by 88 bps to 5.09% in 2024, then slumped by 32 bps to 3.45% in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 29.20% |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | -9.29% |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 10.03% |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | -3.00% |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | -3.85% |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | -9.06% |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | -2.24% |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | -2.55% |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | -3.16% |
| 10 | HireQuest | 182.43 Mn | 181.41 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% |
| Mar 31, 2021 | -16.98% |
| Dec 31, 2020 | 51.83% |
| Sep 30, 2020 | 9.33% |
| Jun 30, 2020 | 16.46% |
| Mar 31, 2020 | -27.48% |
| Dec 31, 2019 | 62.97% |
| Sep 30, 2019 | -4.64% |
| Jun 30, 2019 | -1.71% |
| Mar 31, 2019 | -16.49% |
| Dec 31, 2018 | 40.46% |
| Sep 30, 2018 | 10.40% |
| Jun 30, 2018 | -3.65% |
| Mar 31, 2018 | -62.49% |
| Dec 31, 2017 | 87.03% |
| Sep 30, 2017 | 4.40% |
| Jun 30, 2017 | -4.24% |
| Mar 31, 2017 | -21.29% |
| Dec 31, 2016 | 8.96% |
| Sep 30, 2016 | 6.80% |
| Jun 30, 2016 | -1.61% |
| Mar 31, 2016 | 5.32% |
| Dec 31, 2015 | 5.82% |
| Sep 30, 2015 | 8.23% |
| Jun 30, 2015 | 3.96% |
| Mar 31, 2015 | 1.51% |
| Dec 31, 2014 | 8.29% |
| Sep 30, 2014 | 5.69% |
| Jun 30, 2014 | 4.65% |
| Mar 31, 2014 | 4.97% |
| Dec 31, 2013 | 9.06% |
| Sep 30, 2013 | -0.03% |
| Jun 30, 2013 | 5.57% |
| Mar 31, 2013 | 10.16% |