Trinet (TNET) Tax Rate (2013 - 2026)
Trinet (TNET) recorded Tax Rate of 28.38% in Q2 2026, up 0.93 percentage points from 27.45% a year earlier and up 0.74 percentage points from the prior quarter.
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Analysis
Trinet (TNET) Tax Rate (2013 - 2026) Analysis & Trends
On a TTM basis, Trinet's Tax Rate came in at 29.44% as of Jun 30, 2026, up 6.44 percentage points year-over-year; for FY2025, it was 28.57%, up 5.12 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +4.76 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 23.45% in FY2024 (-1.70 pp), 25.15% in FY2023 (-1.20 pp), 26.35% in FY2022 (+2.99 pp) and 23.36% in FY2021 (-0.45 pp).
- Quarterly Tax Rate has ranged from 19.77% in Q4 2021 to 200.00% in Q4 2025 over the past five years.
- On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +23.76 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 162.16 percentage points in Q4 2025, against a drop of 3.82 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.64% (Q1 2026), 200.00% (Q4 2025) and 32.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 141.87 Bn | 102.28 Bn | 6.13 Bn | 24.19% |
| 2 | Cintas | 78.27 Bn | 77.46 Bn | 1.48 Bn | 21.20% |
| 3 | Iron Mountain | 33.11 Bn | 32.63 Bn | 1.07 Bn | 12.24% |
| 4 | APi | 17.29 Bn | 14.33 Bn | 703.00 Mn | 28.26% |
| 5 | Rollins | 14.72 Bn | 14.27 Bn | 569.95 Mn | 24.16% |
| 6 | Aramark | 14.39 Bn | 12.40 Bn | 430.34 Mn | 27.92% |
| 7 | UL Solutions | 13.43 Bn | 12.22 Bn | 417.00 Mn | 24.85% |
| 8 | Gartner | 12.17 Bn | 5.86 Bn | 1.19 Bn | 22.31% |
| 9 | Rentokil Initial | 10.01 Bn | 3.35 Bn | - | - |
| 10 | Trinet | 2.98 Bn | 1.67 Bn | - | 28.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.38% |
| Mar 31, 2026 | 27.64% |
| Dec 31, 2025 | 200.00% |
| Sep 30, 2025 | 32.00% |
| Jun 30, 2025 | 27.45% |
| Mar 31, 2025 | 26.09% |
| Sep 30, 2024 | 22.41% |
| Jun 30, 2024 | 25.93% |
| Mar 31, 2024 | 26.61% |
| Dec 31, 2023 | 21.18% |
| Sep 30, 2023 | 24.19% |
| Jun 30, 2023 | 25.23% |
| Mar 31, 2023 | 27.22% |
| Dec 31, 2022 | 25.00% |
| Sep 30, 2022 | 25.24% |
| Jun 30, 2022 | 26.72% |
| Mar 31, 2022 | 27.00% |
| Dec 31, 2021 | 19.77% |
| Sep 30, 2021 | 25.24% |
| Jun 30, 2021 | 22.22% |
API Access
Trinet Tax Rate 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=tax-rate&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();