Growth Metrics

Trinet (TNET) Interest Expenses (2016 - 2023)

Trinet (TNET) has disclosed Interest Expenses for 11 consecutive years, with $7.0 million as the latest value for 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 81.58%, while the annual FY2022 figure was $39.0 million, 95.0% up from the prior year.
  • Interest Expenses hit $7.0 million in Q1 2023 for Trinet, up from $6.0 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 $6.3 million, with a median of $5.0 million recorded in 2019.
  • Year-over-year, Interest Expenses crashed 37.5% in 2021 and then soared 340.0% in 2022.
  • Trinet's Interest Expenses stood at $4.0 million in 2019, then increased by 25.0% to $5.0 million in 2020, then changed by 0.0% to $5.0 million in 2021, then increased by 20.0% to $6.0 million in 2022, then increased by 16.67% to $7.0 million in 2023.
  • According to Business Quant data, Interest Expenses over the past three periods came in at $7.0 million, $6.0 million, and $22.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.