Trinet (TNET) Operating Margin (2013 - 2024)

Trinet has reported Operating Margin for 12 years, with the latest figure at 4.63% in Q3 2024.

• On a quarterly basis, Operating Margin fell 486.0% year-over-year to 4.63% in Q3 2024; TTM through Sep 2024 was 6.81%, a 208.0% decrease from a year earlier, with the FY2023 full-year figure at 9.39%, down 78.0% from the prior year.
• Operating Margin was 4.63% for Q3 2024 at Trinet, down from 6.44% in the prior quarter.
• The five-year high for Operating Margin was 18.25% in Q2 2020, with the low at 2.82% in Q4 2020.
• Average Operating Margin over 5 years is 9.3%, with a median of 9.49% recorded in 2023.
• The sharpest annual moves came in 2020 and 2021: Operating Margin jumped 1237 bps in 2020, then slumped 725 bps in 2021.
• Over 5 years, Operating Margin stood at 2.82% in 2020, then soared by 162 bps to 7.39% in 2021, then slumped by 39 bps to 4.49% in 2022, then jumped by 47 bps to 6.61% in 2023, then declined by 30 bps to 4.63% in 2024.
• The last three Operating Margin figures came in at 4.63% (Q3 2024), 6.44% (Q2 2024), and 9.52% (Q1 2024), per Business Quant data.