Trinet (TNET) Gross Profit (2013 - 2019)
Trinet (TNET) posted quarterly Gross Profit of $872.0 million for Q2 2019, up 9.14% year-over-year from $799.0 million in Q2 2018, and little changed quarter-over-quarter from $870.0 million in Q1 2019.
Trinet (TNET) Gross Profit (2013 - 2019) Analysis & Trends
Trinet's Gross Profit history runs 7 years deep, the most recent figure standing at $872.0 million for Q2 2019.
- In Q2 2019, Gross Profit rose 9.14% year-over-year to $872.0 million; the TTM figure through Jun 2019 stood at $3.4 billion (up 7.9% YoY), while the FY2019 annual figure was $3.6 billion, up 10.29% from the prior year.
- Gross Profit for Q2 2019 stood at $872.0 million, roughly flat from $870.0 million in the prior quarter.
- The five-year high for Gross Profit was $872.0 million in Q2 2019, with the low at $589.2 million in Q1 2015.
- The 5-year median for Gross Profit is $755.9 million (2016), against an average of $747.5 million.
- The sharpest annual moves came in 2015 and 2017: Gross Profit rose 23.97% in 2015, then increased 4.09% in 2017.
- Trinet's Gross Profit stood at $686.3 million in 2015, then increased by 10.87% to $760.9 million in 2016, then gained by 4.09% to $792.0 million in 2017, then climbed by 7.83% to $854.0 million in 2018, then increased by 2.11% to $872.0 million in 2019.
- Business Quant data shows TNET's Gross Profit at $872.0 million in Q2 2019, $870.0 million in Q1 2019, and $854.0 million in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robert Half | 4.49 Bn | 4.16 Bn | 474.03 Mn |
| 2 | Korn Ferry | 4.38 Bn | 3.24 Bn | 685.99 Mn |
| 3 | Trinet | 3.24 Bn | 1.36 Bn | - |
| 4 | ManpowerGroup | 2.89 Bn | 2.71 Bn | 780.30 Mn |
| 5 | Insperity | 2.01 Bn | 1.39 Bn | 217.00 Mn |
| 6 | Kforce | 978.37 Mn | 978.04 Mn | 99.45 Mn |
| 7 | Barrett Business Services | 817.12 Mn | 717.73 Mn | 64.85 Mn |
| 8 | Kelly Services | 594.06 Mn | 569.86 Mn | 212.00 Mn |
| 9 | TrueBlue | 321.78 Mn | 298.53 Mn | 91.58 Mn |
| 10 | HireQuest | 234.33 Mn | 232.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 872.00 Mn |
| Jun 30, 2019 | 872.00 Mn |
| Mar 31, 2019 | 870.00 Mn |
| Mar 31, 2019 | 870.00 Mn |
| Dec 31, 2018 | 854.00 Mn |
| Dec 31, 2018 | 854.00 Mn |
| Sep 30, 2018 | 817.00 Mn |
| Sep 30, 2018 | 817.00 Mn |
| Jun 30, 2018 | 799.00 Mn |
| Jun 30, 2018 | 799.00 Mn |
| Mar 31, 2018 | 804.00 Mn |
| Mar 31, 2018 | 804.00 Mn |
| Dec 31, 2017 | 792.00 Mn |
| Dec 31, 2017 | 792.00 Mn |
| Sep 30, 2017 | 768.00 Mn |
| Sep 30, 2017 | 768.00 Mn |
| Jun 30, 2017 | 750.00 Mn |
| Jun 30, 2017 | 750.00 Mn |
| Mar 31, 2017 | 751.00 Mn |
| Mar 31, 2017 | 751.00 Mn |