Trinet Group, Inc. (TNET) Operating Margin (2013 - 2024)
Trinet (TNET) posted Operating Margin of 4.63% for Q3 2024, down 4.86 percentage points from 9.49% a year earlier and down 1.80 percentage points from the prior quarter.
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Analysis
Trinet Group, Inc. (TNET) Operating Margin (2013 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Operating Margin at Trinet was 6.81%, down 2.08 percentage points year-over-year; for FY2023, it came in at 9.39%, down 0.78 percentage points from FY2022.
- Annual Operating Margin shows a five-year change of +2.23 percentage points (FY2018 to FY2023).
- In prior years, Trinet's Operating Margin was 10.17% in FY2022 (+0.15 pp), 10.02% in FY2021 (+0.90 pp), 9.12% in FY2020 (+2.17 pp) and 6.95% in FY2019 (-0.22 pp).
- The Q3 2024 figure stands as the lowest quarterly Operating Margin since Q4 2022.
- On a year-over-year basis, Operating Margin has declined in each of the last three quarters, with an average year-over-year change of -2.07 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2020, with a gain of 12.37 percentage points; the weakest was Q2 2021, with a drop of 7.25 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 6.44% (Q2 2024), 9.52% (Q1 2024) and 6.61% (Q4 2023).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 4.63% |
| Jun 30, 2024 | 6.44% |
| Mar 31, 2024 | 9.52% |
| Dec 31, 2023 | 6.61% |
| Sep 30, 2023 | 9.49% |
| Jun 30, 2023 | 8.02% |
| Mar 31, 2023 | 13.56% |
| Dec 31, 2022 | 4.49% |
| Sep 30, 2022 | 9.67% |
| Jun 30, 2022 | 9.92% |
| Mar 31, 2022 | 16.75% |
| Dec 31, 2021 | 7.39% |
| Sep 30, 2021 | 9.15% |
| Jun 30, 2021 | 11.00% |
| Mar 31, 2021 | 13.02% |
| Dec 31, 2020 | 2.82% |
| Sep 30, 2020 | 4.62% |
| Jun 30, 2020 | 18.25% |
| Mar 31, 2020 | 11.45% |
| Dec 31, 2019 | 6.19% |
API Access
Trinet Group, Inc. Operating 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=operating-margin&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();