Trinet (TNET) Times Interest Earned (2013 - 2023)
Trinet's quarterly Times Interest Earned came in at $24.14 in Q1 2023, down 40.83% year-on-year from $40.8 in Q1 2022, and up 158.67% quarter-over-quarter from $9.33 in Q4 2022.
Trinet has reported Times Interest Earned for 11 years, with the latest figure at $24.14 in Q1 2023.
- For the quarter ending Q1 2023, Times Interest Earned fell 40.83% year-over-year to $24.14; the trailing twelve-month figure through Dec 2023 stood at $67.0 (up 410.22% YoY), and the FY2022 full-year result was $12.79, down 43.76% from the prior year.
- Times Interest Earned for Q1 2023 stood at $24.14, up from $9.33 in the prior quarter.
- The five-year high for Times Interest Earned was $43.25 in Q2 2020, with the low at $5.45 in Q3 2022.
- Average Times Interest Earned over 5 years is $19.53, with a median of $18.2 recorded in 2021.
- Year-over-year, Times Interest Earned soared 371.82% in 2020 and sank 74.03% in 2022.
- Tracing TNET's Times Interest Earned over 5 years: stood at $15.75 in 2019, then plunged by 61.9% to $6.0 in 2020, then soared by 203.33% to $18.2 in 2021, then plunged by 48.72% to $9.33 in 2022, then surged by 158.67% to $24.14 in 2023.
- The last three Times Interest Earned figures came in at $24.14 (Q1 2023), $9.33 (Q4 2022), and $5.45 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | - |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | - |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | - |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 2.19 |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 10.33 |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | -154.00 |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | - |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | - |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | - |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | 184.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 24.14 |
| Dec 31, 2022 | 9.33 |
| Sep 30, 2022 | 5.45 |
| Jun 30, 2022 | 23.80 |
| Mar 31, 2022 | 40.80 |
| Dec 31, 2021 | 18.20 |
| Sep 30, 2021 | 21.00 |
| Jun 30, 2021 | 24.20 |
| Mar 31, 2021 | 27.60 |
| Dec 31, 2020 | 6.00 |
| Sep 30, 2020 | 5.63 |
| Jun 30, 2020 | 43.25 |
| Mar 31, 2020 | 30.00 |
| Dec 31, 2019 | 15.75 |
| Sep 30, 2019 | 11.33 |
| Jun 30, 2019 | 9.17 |
| Mar 31, 2019 | 16.40 |
| Jun 30, 2018 | 10.86 |
| Mar 31, 2018 | 11.83 |
| Dec 31, 2017 | 9.66 |
| Sep 30, 2017 | 11.61 |
| Jun 30, 2017 | 11.74 |
| Mar 31, 2017 | 10.53 |
| Dec 31, 2016 | 9.95 |
| Sep 30, 2016 | 5.18 |
| Jun 30, 2016 | 5.16 |
| Mar 31, 2016 | 5.16 |
| Dec 31, 2015 | 6.81 |
| Sep 30, 2015 | 2.49 |
| Jun 30, 2015 | 1.26 |
| Mar 31, 2015 | 5.96 |
| Dec 31, 2014 | 4.03 |
| Sep 30, 2014 | 1.15 |
| Jun 30, 2014 | 2.26 |
| Mar 31, 2014 | 1.16 |
| Dec 31, 2013 | 1.73 |
| Sep 30, 2013 | 0.37 |
| Jun 30, 2013 | 1.98 |
| Mar 31, 2013 | 4.19 |