Trinet (TNET) Interest & Investment Income (2018 - 2024)
Trinet (TNET) posted quarterly Interest & Investment Income of $15.0 million for Q3 2024, down 16.67% year-over-year from $18.0 million in Q4 2023, and down 11.76% quarter-over-quarter from $17.0 million in Q2 2024.
Trinet (TNET) Interest & Investment Income (2018 - 2024) Analysis & Trends
Trinet's Interest & Investment Income history runs 7 years deep, the most recent figure standing at $15.0 million for Q3 2024.
- In Q3 2024, Interest & Investment Income fell 16.67% year-over-year to $15.0 million; the TTM figure through Sep 2024 stood at $65.0 million (down 7.14% YoY), while the FY2023 annual figure was $72.0 million, up 227.27% from the prior year.
- Interest & Investment Income for Q3 2024 stood at $15.0 million, down from $17.0 million in the prior quarter.
- The five-year high for Interest & Investment Income was $20.0 million in Q2 2023, with the low at $1.0 million in Q4 2020.
- The 5-year median for Interest & Investment Income is $5.0 million (2020), against an average of $8.8 million.
- The sharpest annual moves came in 2020 and 2023: Interest & Investment Income sank 80.0% in 2020, then surged 1700.0% in 2023.
- Trinet's Interest & Investment Income stood at $1.0 million in 2020, then surged by 200.0% to $3.0 million in 2021, then jumped by 366.67% to $14.0 million in 2022, then increased by 7.14% to $15.0 million in 2023, then changed by 0.0% to $15.0 million in 2024.
- Business Quant data shows TNET's Interest & Investment Income at $15.0 million in Q3 2024, $17.0 million in Q2 2024, and $18.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (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 | -5.06 Mn |
| 3 | Trinet | 3.24 Bn | 1.36 Bn | - | - |
| 4 | ManpowerGroup | 2.89 Bn | 2.71 Bn | 780.30 Mn | 4.80 Mn |
| 5 | Insperity | 2.01 Bn | 1.39 Bn | 217.00 Mn | 5.00 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 | 1.91 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 | - | 118,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 17.00 Mn |
| Mar 31, 2024 | 18.00 Mn |
| Dec 31, 2023 | 15.00 Mn |
| Sep 30, 2023 | 18.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | 18.00 Mn |
| Dec 31, 2022 | 14.00 Mn |
| Sep 30, 2022 | 5.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | 1.00 Mn |
| Mar 31, 2021 | 2.00 Mn |
| Dec 31, 2020 | 1.00 Mn |
| Sep 30, 2020 | 2.00 Mn |
| Jun 30, 2020 | 2.00 Mn |
| Mar 31, 2020 | 5.00 Mn |
| Dec 31, 2019 | 5.00 Mn |
| Sep 30, 2019 | 5.00 Mn |