Trinet (TNET) Tax Rate (2013 - 2026)
Trinet's quarterly Tax Rate came in at 27.64% in Q1 2026, up 156.0% year-on-year from 10.8% in Q1 2025, and down 86.18% quarter-over-quarter from 200.0% in Q4 2025.
Trinet has reported Tax Rate for 14 years, with the latest figure at 27.64% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 156.0% year-over-year to 27.64%; the trailing twelve-month figure through Mar 2026 stood at 29.33% (up 629.0% YoY), and the FY2025 full-year result was 28.57%, up 512.0% from the prior year.
- Tax Rate for Q1 2026 stood at 27.64%, down from 200.0% in the prior quarter.
- The five-year high for Tax Rate was 200.0% in Q4 2025, with the low at 21.18% in Q4 2023.
- Average Tax Rate over 5 years is 36.93%, with a median of 26.61% recorded in 2024.
- Year-over-year, Tax Rate slumped 382 bps in 2023 and soared 16216 bps in 2025.
- Tracing TNET's Tax Rate over 5 years: stood at 25.0% in 2022, then slipped by 15 bps to 21.18% in 2023, then surged by 79 bps to 37.84% in 2024, then soared by 429 bps to 200.0% in 2025, then plunged by 86 bps to 27.64% in 2026.
- The last three Tax Rate figures came in at 27.64% (Q1 2026), 200.0% (Q4 2025), and 32.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 28.76 |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 56.14 |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 27.64 |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 83.77 |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 47.62 |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | -233.55 |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 30.20 |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | 11.94 |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | -3.00 |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | 14.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.64 |
| Mar 31, 2026 | 27.64 |
| Dec 31, 2025 | 200.00 |
| Dec 31, 2025 | 200.00 |
| Sep 30, 2025 | 32.00 |
| Sep 30, 2025 | 32.00 |
| Jun 30, 2025 | 27.45 |
| Jun 30, 2025 | 27.45 |
| Mar 31, 2025 | 26.09 |
| Mar 31, 2025 | 26.09 |
| Dec 31, 2024 | 37.84 |
| Dec 31, 2024 | 37.84 |
| Sep 30, 2024 | 22.41 |
| Sep 30, 2024 | 22.41 |
| Jun 30, 2024 | 25.93 |
| Jun 30, 2024 | 25.93 |
| Mar 31, 2024 | 26.61 |
| Mar 31, 2024 | 26.61 |
| Dec 31, 2023 | 21.18 |
| Dec 31, 2023 | 21.18 |
| Sep 30, 2023 | 24.19 |
| Sep 30, 2023 | 24.19 |
| Jun 30, 2023 | 25.23 |
| Jun 30, 2023 | 25.23 |
| Mar 31, 2023 | 27.22 |
| Mar 31, 2023 | 27.22 |
| Dec 31, 2022 | 25.00 |
| Dec 31, 2022 | 25.00 |
| Sep 30, 2022 | 25.24 |
| Sep 30, 2022 | 25.24 |
| Jun 30, 2022 | 26.72 |
| Jun 30, 2022 | 26.72 |
| Mar 31, 2022 | 27.00 |
| Mar 31, 2022 | 27.00 |
| Dec 31, 2021 | 19.77 |
| Dec 31, 2021 | 19.77 |
| Sep 30, 2021 | 25.24 |
| Sep 30, 2021 | 25.24 |
| Jun 30, 2021 | 22.22 |
| Jun 30, 2021 | 22.22 |
| Mar 31, 2021 | 25.19 |
| Mar 31, 2021 | 25.19 |
| Dec 31, 2020 | 15.38 |
| Dec 31, 2020 | 15.38 |
| Sep 30, 2020 | 15.38 |
| Sep 30, 2020 | 15.38 |
| Jun 30, 2020 | 26.32 |
| Jun 30, 2020 | 26.32 |
| Mar 31, 2020 | 24.79 |
| Mar 31, 2020 | 24.79 |
| Dec 31, 2019 | 25.00 |
| Dec 31, 2019 | 25.00 |
| Sep 30, 2019 | 17.91 |
| Sep 30, 2019 | 17.91 |
| Jun 30, 2019 | 17.86 |
| Jun 30, 2019 | 17.86 |
| Mar 31, 2019 | 24.10 |
| Mar 31, 2019 | 24.10 |
| Dec 31, 2018 | 30.95 |
| Dec 31, 2018 | 30.95 |
| Sep 30, 2018 | 15.00 |
| Sep 30, 2018 | 15.00 |
| Jun 30, 2018 | 19.44 |
| Jun 30, 2018 | 19.44 |
| Mar 31, 2018 | 19.40 |
| Mar 31, 2018 | 19.40 |
| Dec 31, 2017 | -50.00 |
| Dec 31, 2017 | -50.00 |
| Sep 30, 2017 | 25.86 |
| Sep 30, 2017 | 25.86 |
| Jun 30, 2017 | 23.08 |
| Jun 30, 2017 | 23.08 |
| Mar 31, 2017 | 35.56 |
| Mar 31, 2017 | 35.56 |
| Dec 31, 2016 | 40.63 |
| Dec 31, 2016 | 40.63 |
| Sep 30, 2016 | 38.45 |
| Sep 30, 2016 | 38.45 |
| Jun 30, 2016 | 42.85 |
| Jun 30, 2016 | 42.85 |
| Mar 31, 2016 | 44.39 |
| Mar 31, 2016 | 44.39 |
| Dec 31, 2015 | 42.57 |
| Dec 31, 2015 | 42.57 |
| Sep 30, 2015 | 57.88 |
| Sep 30, 2015 | 57.88 |
| Jun 30, 2015 | 201.47 |
| Jun 30, 2015 | 201.47 |
| Mar 31, 2015 | 39.85 |
| Mar 31, 2015 | 39.85 |
| Dec 31, 2014 | 54.59 |
| Dec 31, 2014 | 54.59 |
| Sep 30, 2014 | 75.53 |
| Sep 30, 2014 | 75.53 |
| Jun 30, 2014 | 44.18 |
| Jun 30, 2014 | 44.18 |
| Mar 31, 2014 | 56.35 |
| Mar 31, 2014 | 56.35 |
| Dec 31, 2013 | 40.31 |
| Dec 31, 2013 | 40.31 |
| Sep 30, 2013 | 38.28 |
| Sep 30, 2013 | 38.28 |
| Jun 30, 2013 | 38.45 |
| Jun 30, 2013 | 38.45 |
| Mar 31, 2013 | 36.15 |
| Mar 31, 2013 | 36.15 |