Trinet (TNET) Long-Term Investments (2018 - 2024)
Trinet (TNET) reported Long-Term Investments of $145 million for Q3 2024, up 1.4% from $143 million a year earlier but down 7.1% from the prior quarter.
Trinet (TNET) Long-Term Investments (2018 - 2024) Analysis & Trends
At the end of FY2023, Trinet posted Long-Term Investments of $143 million, down 5.3% from FY2022.
- Long-Term Investments has a five-year compound annual growth rate of 1.2% (FY2018 to FY2023).
- By year, Long-Term Investments came in at $151 million in FY2022 (-10.1%), $168 million in FY2021 (+21.7%), $138 million in FY2020 (+10.4%) and $125 million in FY2019 (-7.4%).
- Five-year quarterly Long-Term Investments spans a low of $125 million in Q4 2019 and a high of $194 million in Q2 2021.
- Year over year, Long-Term Investments has now increased in each of the last three quarters, with an average decline of 1.9% over the last eight quarters.
- The high point for year-over-year Long-Term Investments in five years was Q2 2021 (growth of 51.6%); the low point was Q2 2022 (a decline of 18.0%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $156 million (Q2 2024), $161 million (Q1 2024) and $143 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 925.32 Mn |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 438.66 Mn |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | - |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | - |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | - |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | - |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | - |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | 28.00 Mn |
| 10 | Trinet | 2.87 Bn | 1.57 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 145.00 Mn |
| Jun 30, 2024 | 156.00 Mn |
| Mar 31, 2024 | 161.00 Mn |
| Dec 31, 2023 | 143.00 Mn |
| Sep 30, 2023 | 143.00 Mn |
| Jun 30, 2023 | 146.00 Mn |
| Mar 31, 2023 | 142.00 Mn |
| Dec 31, 2022 | 151.00 Mn |
| Sep 30, 2022 | 142.00 Mn |
| Jun 30, 2022 | 159.00 Mn |
| Mar 31, 2022 | 165.00 Mn |
| Dec 31, 2021 | 168.00 Mn |
| Sep 30, 2021 | 167.00 Mn |
| Jun 30, 2021 | 194.00 Mn |
| Mar 31, 2021 | 130.00 Mn |
| Dec 31, 2020 | 138.00 Mn |
| Sep 30, 2020 | 141.00 Mn |
| Jun 30, 2020 | 128.00 Mn |
| Mar 31, 2020 | 130.00 Mn |
| Dec 31, 2019 | 125.00 Mn |
Trinet Long-Term Investments 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=long-term-investments&ticker=TNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();