Trinet (TNET) Interest & Investment Income (2018 - 2024)
Trinet's Interest & Investment Income was $15 million in Q3 2024, down 16.7% from $18 million a year earlier and down 11.8% from the prior quarter.
Trinet (TNET) Interest & Investment Income (2018 - 2024) Analysis & Trends
On a trailing twelve-month basis, Trinet's Interest & Investment Income was $65 million through Sep 30, 2024, down 7.1% year-over-year; for FY2023, it was $72 million, up 227.3% from FY2022.
- Interest & Investment Income shows a five-year compound annual growth rate of 43.1% (FY2018 to FY2023).
- In earlier years, Interest & Investment Income was $22 million in FY2022 (+266.7%), $6 million in FY2021 (-40.0%), $10 million in FY2020 (-56.5%) and $23 million in FY2019 (+91.7%).
- Quarterly Interest & Investment Income has moved between $1 million (Q4 2020) and $20 million (Q2 2023) over five years.
- Compared with a year earlier, Interest & Investment Income was higher in three of the last six quarters, with growth averaging 189.2%.
- The best year-over-year quarter for Interest & Investment Income over five years was Q2 2023 (growth of 900.0%); the worst was Q4 2020 (a decline of 80.0%).
- Per Business Quant data, TNET's Interest & Investment Income in the three quarters before Q3 2024 was $17 million (Q2 2024), $18 million (Q1 2024) and $15 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 75.07 Mn |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 1.23 Mn |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | - |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | -1.00 Mn |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | - |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | - |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | - |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | - |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Trinet | 2.91 Bn | 1.60 Bn | - | - |
Historic 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 |
Trinet Interest & Investment Income 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=interest-and-investment-income&ticker=TNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-and-investment-income", "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=interest-and-investment-income&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();