Trinet (TNET) Operating Leases (2019 - 2026)
Trinet's Operating Leases came in at $44 million for Q2 2026, down 8.3% from $48 million a year earlier but up 12.8% from the prior quarter.
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Analysis
Trinet (TNET) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Trinet's Operating Leases was $37 million, up 42.3% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of -5.5% (FY2020 to FY2025).
- Going back by year, Operating Leases was $26 million in FY2024 (-13.3%), $30 million in FY2023 (-26.8%), $41 million in FY2022 (unchanged) and $41 million in FY2021 (-16.3%).
- The five-year range for quarterly Operating Leases is $24 million (Q2 2024) to $48 million (Q2 2025).
- Year-over-year, Operating Leases increased in four of the last eight quarters, with growth averaging 24.8%.
- The fastest year-over-year change in Operating Leases over five years came in Q2 2025 (growth of 100.0%), and the weakest in Q2 2024 (a decline of 27.3%).
- Business Quant data shows TNET's Operating Leases at $39 million (Q1 2026), $37 million (Q4 2025) and $38 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - |
| 10 | Trinet | 2.88 Bn | 1.57 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.00 Mn |
| Mar 31, 2026 | 39.00 Mn |
| Dec 31, 2025 | 37.00 Mn |
| Sep 30, 2025 | 38.00 Mn |
| Jun 30, 2025 | 48.00 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Dec 31, 2024 | 26.00 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 33.00 Mn |
| Mar 31, 2023 | 36.00 Mn |
| Dec 31, 2022 | 41.00 Mn |
| Sep 30, 2022 | 41.00 Mn |
| Jun 30, 2022 | 45.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 41.00 Mn |
| Sep 30, 2021 | 43.00 Mn |
API Access
Trinet Operating Leases 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=operating-leases&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();