Trinet (TNET) Invested Capital (2013 - 2026)
Trinet's Invested Capital came in at $1.02 billion for Q2 2026, down 6.4% from $1.09 billion a year earlier but up 4.3% from the prior quarter.
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Analysis
Trinet (TNET) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025, Trinet's Invested Capital was $949 million, down 9.8% from FY2024.
- Invested Capital has declined in each of the last four years, with a five-year compound annual growth rate of -0.6% (FY2020 to FY2025).
- Going back by year, Invested Capital was $1.05 billion in FY2024 (-10.2%), $1.17 billion in FY2023 (-7.9%), $1.27 billion in FY2022 (-7.6%) and $1.38 billion in FY2021 (+40.8%).
- The five-year range for quarterly Invested Capital is $949 million (Q4 2025) to $1.62 billion (Q1 2023).
- Year-over-year, Invested Capital has declined for seven consecutive quarters, with an average decline of 7.8% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2021 (growth of 40.8%), and the weakest in Q1 2024 (a decline of 23.5%).
- Business Quant data shows TNET's Invested Capital at $979 million (Q1 2026), $949 million (Q4 2025) and $1.01 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 38.16 Bn |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 7.57 Bn |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | 16.07 Bn |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 7.04 Bn |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 2.13 Bn |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | 9.52 Bn |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 1.92 Bn |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 2.81 Bn |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | Trinet | 2.87 Bn | 1.57 Bn | - | 1.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 Bn |
| Mar 31, 2026 | 979.00 Mn |
| Dec 31, 2025 | 949.00 Mn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.09 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.05 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.17 Bn |
| Mar 31, 2024 | 1.24 Bn |
| Dec 31, 2023 | 1.17 Bn |
| Sep 30, 2023 | 1.10 Bn |
| Jun 30, 2023 | 1.41 Bn |
| Mar 31, 2023 | 1.62 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.35 Bn |
| Jun 30, 2022 | 1.26 Bn |
| Mar 31, 2022 | 1.19 Bn |
| Dec 31, 2021 | 1.38 Bn |
| Sep 30, 2021 | 1.30 Bn |
API Access
Trinet Invested Capital 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=invested-capital&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();