Trinet (TNET) FCF Margin (2013 - 2026)
Trinet (TNET) reported FCF Margin of 5.69% for Q2 2026, up 1.08 percentage points from 4.60% a year earlier but down 4.35 percentage points from the prior quarter.
Trinet (TNET) FCF Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trinet's FCF Margin came in at 5.90%, up 1.11 percentage points year-over-year; for FY2025, it came in at 4.67%, up 0.69 percentage points from FY2024.
- FCF Margin has a five-year change of -7.97 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 3.98% in FY2024 (-5.31 pp), 9.29% in FY2023 (+0.30 pp), 8.99% in FY2022 (+5.07 pp) and 3.92% in FY2021 (-8.72 pp).
- Five-year quarterly FCF Margin spans a low of -10.64% in Q3 2023 and a high of 42.60% in Q4 2023.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of -1.97 percentage points.
- The high point for year-over-year FCF Margin in five years was Q1 2022 (a gain of 33.65 percentage points); the low point was Q4 2024 (a drop of 38.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.03% (Q1 2026), 3.45% (Q4 2025) and 4.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | 19.23% |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | 21.10% |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | -1.92% |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | 2.31% |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | 15.40% |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | 0.10% |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | 11.15% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 22.58% |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Trinet | 2.88 Bn | 1.57 Bn | - | 5.69% |
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% |
Trinet FCF 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=fcf-margin&ticker=TNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();