Trinet (TNET) Interest & Investment Income (2018 - 2024)
Trinet's quarterly Interest & Investment Income came in at $15.0 million in Q3 2024, down 16.67% year-on-year from $18.0 million in Q4 2023, and down 11.76% quarter-over-quarter from $17.0 million in Q2 2024.
Trinet has reported Interest & Investment Income for 7 years, with the latest figure at $15.0 million in Q3 2024.
- For the quarter ending Q3 2024, Interest & Investment Income fell 16.67% year-over-year to $15.0 million; the trailing twelve-month figure through Sep 2024 stood at $65.0 million (down 7.14% YoY), and the FY2023 full-year result 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.
- Average Interest & Investment Income over 5 years is $8.8 million, with a median of $5.0 million recorded in 2020.
- Year-over-year, Interest & Investment Income slumped 80.0% in 2020 and surged 1700.0% in 2023.
- Tracing TNET's Interest & Investment Income over 5 years: stood at $1.0 million in 2020, then jumped by 200.0% to $3.0 million in 2021, then soared by 366.67% to $14.0 million in 2022, then gained by 7.14% to $15.0 million in 2023, then changed by 0.0% to $15.0 million in 2024.
- The last three Interest & Investment Income figures came in at $15.0 million (Q3 2024), $17.0 million (Q2 2024), and $18.0 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | -5.66 Mn |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | - |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | - |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 6.10 Mn |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 7.00 Mn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 2.02 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | - |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | - |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | - |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | 101,000.00 |
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 |
| Jun 30, 2019 | 7.00 Mn |
| Mar 31, 2019 | 6.00 Mn |
| Jun 30, 2018 | 3.00 Mn |
| Mar 31, 2018 | 2.00 Mn |