Trinet (TNET) Net Margin (2013 - 2026)
Trinet (TNET) reported Net Margin of 4.50% for Q2 2026, up 1.51 percentage points from 2.99% a year earlier but down 2.76 percentage points from the prior quarter.
Trinet (TNET) Net Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trinet's Net Margin came in at 3.58%, up 0.74 percentage points year-over-year; for FY2025, it came in at 3.09%, down 0.33 percentage points from FY2024.
- Net Margin has a five-year change of -3.65 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 3.42% in FY2024 (-4.09 pp), 7.51% in FY2023 (+0.27 pp), 7.23% in FY2022 (-0.21 pp) and 7.44% in FY2021 (+0.70 pp).
- Five-year quarterly Net Margin spans a low of -1.80% in Q4 2024 and a high of 11.99% in Q1 2022.
- Year over year, Net Margin has now increased in each of the last three quarters, with an average year-over-year change of -1.28 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 3.53 percentage points); the low point was Q4 2024 (a drop of 6.89 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.26% (Q1 2026), -0.08% (Q4 2025) and 2.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | 12.50% |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | 17.59% |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | 5.00% |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | 3.95% |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | 13.34% |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | 1.93% |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | 30.15% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 16.44% |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Trinet | 2.88 Bn | 1.57 Bn | - | 4.50% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.50% |
| Mar 31, 2026 | 7.26% |
| Dec 31, 2025 | -0.08% |
| Sep 30, 2025 | 2.76% |
| Jun 30, 2025 | 2.99% |
| Mar 31, 2025 | 6.58% |
| Dec 31, 2024 | -1.80% |
| Sep 30, 2024 | 3.59% |
| Jun 30, 2024 | 4.83% |
| Mar 31, 2024 | 7.10% |
| Dec 31, 2023 | 5.09% |
| Sep 30, 2023 | 7.69% |
| Jun 30, 2023 | 6.87% |
| Mar 31, 2023 | 10.51% |
| Dec 31, 2022 | 3.85% |
| Sep 30, 2022 | 6.20% |
| Jun 30, 2022 | 7.08% |
| Mar 31, 2022 | 11.99% |
| Dec 31, 2021 | 5.60% |
| Sep 30, 2021 | 6.71% |
Trinet Net Margin 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=net-margin&ticker=TNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();