Growth Metrics

Trinet (TNET) Interest Expenses (2016 - 2023)

Trinet (TNET) has 11 years of Interest Expenses data on record, last reported at $7.0 million in Q1 2023.

  • For Q1 2023, Interest Expenses rose 40.0% year-over-year to $7.0 million; the TTM value through Dec 2023 reached $7.0 million, down 82.05%, while the annual FY2022 figure was $39.0 million, 95.0% up from the prior year.
  • Interest Expenses reached $7.0 million in Q1 2023 per TNET's latest filing, roughly flat from $7.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $22.0 million in Q3 2022 and bottomed at $4.0 million in Q4 2019.
  • Average Interest Expenses over 5 years is $6.4 million, with a median of $5.0 million recorded in 2019.
  • Peak YoY movement for Interest Expenses: tumbled 37.5% in 2021, then surged 340.0% in 2022.
  • A 5-year view of Interest Expenses shows it stood at $4.0 million in 2019, then grew by 25.0% to $5.0 million in 2020, then changed by 0.0% to $5.0 million in 2021, then surged by 40.0% to $7.0 million in 2022, then changed by 0.0% to $7.0 million in 2023.
  • Per Business Quant database, its latest 3 readings for Interest Expenses were $7.0 million in Q1 2023, $7.0 million in Q4 2022, and $22.0 million in Q3 2022.