Last 48 quarters of trend data · Industrials · Staffing & Employment Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
TriNet Group, Inc.'s quarterly P/E stands at 4.8x, down 58.4% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 72.5% YoY to 2.1x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 13.57 | 4.82 | — | 23.55 | 24.06 | 11.58 | — | 26.94 | 20.83 | 18.61 | 22.70 | 17.87 | 17.20 |
| — | -58.4% | — | -12.6% | +15.5% | -37.7% | — | +50.8% | +21.1% | +101.3% | +3.1% | +22.4% | +19.7% | |
| P/S Ratio | 0.39 | 0.35 | 0.57 | 0.65 | 0.72 | 0.75 | 0.86 | 0.98 | 1.03 | 1.32 | 1.22 | 1.38 | 1.18 |
| — | -53.5% | -33.6% | -33.5% | -29.4% | -43.0% | -29.7% | -29.1% | -12.9% | +35.8% | +42.1% | +52.9% | +15.7% | |
| P/B Ratio | 38.12 | 20.63 | 52.56 | 29.19 | 33.49 | 61.63 | 65.78 | 37.59 | 51.00 | 47.25 | 77.76 | 675.58 | 6.23 |
| — | -66.5% | -20.1% | -22.3% | -34.3% | +30.4% | -15.4% | -94.4% | +718.9% | +706.0% | +1333.7% | +12788.7% | -2.8% | |
| P/FCF | 6.46 | 2.76 | 16.50 | 14.59 | 11.64 | 10.11 | 2.11 | — | — | 23.14 | 2.70 | — | 11.22 |
| — | -72.7% | +681.0% | — | — | -56.3% | -21.8% | — | — | — | +20.6% | — | — | |
| EV / EBITDA | 2.77 | 2.12 | 8.83 | 13.89 | 9.37 | 7.69 | 24.53 | 18.30 | 15.07 | 13.37 | 14.53 | 13.13 | 12.52 |
| — | -72.5% | -64.0% | -24.1% | -37.8% | -42.5% | +68.8% | +39.4% | +20.3% | +103.2% | +25.4% | +67.3% | +24.5% | |
| EV / EBIT | 3.67 | 2.61 | 21.86 | 15.21 | 11.78 | 8.82 | — | 19.56 | 15.54 | 13.56 | 16.95 | 14.41 | 12.31 |
| — | -70.4% | — | -22.2% | -24.2% | -34.9% | — | +35.7% | +26.2% | +104.0% | +7.8% | +68.4% | +21.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
TriNet Group, Inc.'s operating margin was 11.1% in Q1 2026, up 9.4 pp QoQ and up 1.1 pp YoY. The trailing four-quarter average of 5.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 6.9% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.4% | 23.1% | 12.4% | 17.5% | 17.8% | 21.6% | 17.0% | 17.3% | 20.3% | 23.1% | 18.6% | 22.4% | 21.7% |
| — | +6.9% | -26.8% | +1.3% | -12.3% | -6.5% | -8.5% | -22.8% | -6.4% | -9.0% | -2.0% | -4.0% | -4.4% | |
| Operating Margin | 5.3% | 11.1% | 1.7% | 4.1% | 5.3% | 10.0% | 2.0% | 4.7% | 6.4% | 9.5% | 7.0% | 9.5% | 8.0% |
| — | +11.1% | -17.4% | -13.4% | -17.2% | +4.9% | -70.9% | -50.6% | -19.8% | -29.8% | +53.0% | -1.8% | -19.1% | |
| Net Margin | 3.1% | 7.3% | -0.1% | 2.8% | 3.0% | 6.6% | -1.7% | 3.6% | 4.8% | 7.1% | 5.4% | 7.7% | 6.9% |
| — | +10.3% | +95.4% | -24.1% | -38.1% | -7.3% | -132.2% | -52.7% | -29.7% | -32.5% | +37.5% | +24.0% | -3.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 252.0% | 129.9% | -1.2% | 31.3% | 43.5% | 128.8% | -23.2% | 39.3% | 49.4% | 82.4% | 152.3% | 20.3% | 9.5% |
| — | +0.9% | +94.8% | -20.3% | -11.9% | +56.4% | -115.3% | +93.4% | +417.6% | +402.9% | +2487.0% | +113.7% | -18.2% | |
| ROA | 3.9% | 2.5% | -0.0% | 1.0% | 1.0% | 2.2% | -0.6% | 1.2% | 1.6% | 2.4% | 2.0% | 3.0% | 2.4% |
| — | +14.5% | +95.3% | -21.1% | -36.6% | -9.4% | -129.1% | -59.7% | -33.8% | -34.9% | +36.7% | +19.5% | -13.2% | |
| ROIC | — | — | — | 20.5% | 27.0% | 13.2% | 2.4% | 4.3% | 6.0% | 9.6% | 6.9% | 8.9% | 7.5% |
| — | — | — | +375.5% | +351.2% | +37.7% | -65.7% | -51.6% | -20.4% | -26.8% | +57.2% | -4.2% | -15.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
TriNet Group, Inc.'s Debt/EBITDA ratio is 0.3x, down from 18.8x last quarter — comfortably within a safe range.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 18.13 | 0.60 | 18.13 | 8.57 | 9.67 | 16.17 | 14.81 | 8.63 | 11.05 | 7.93 | 14.58 | 113.60 | 0.59 |
| — | -96.3% | +22.4% | -0.6% | -12.5% | +104.0% | +1.6% | -92.4% | +1758.6% | +676.1% | +1946.6% | +17516.2% | -18.3% | |
| Debt / EBITDA | 2.78 | 0.30 | 18.83 | 13.67 | 12.47 | 6.89 | 19.28 | 14.27 | 11.05 | 7.99 | 9.55 | 7.73 | 4.73 |
| — | -95.7% | -2.4% | -4.2% | +12.8% | -13.8% | +101.8% | +84.6% | +133.6% | +79.0% | +64.4% | +104.4% | +8.2% | |
| Current Ratio | 1.09 | 1.12 | 1.09 | 1.11 | 1.10 | 1.08 | 1.07 | 1.07 | 1.04 | 1.06 | 1.05 | 1.09 | 1.28 |
| — | +3.3% | +2.0% | +4.0% | +5.7% | +1.5% | +1.9% | -1.9% | -18.3% | -9.5% | -10.5% | -15.8% | +3.2% | |
| Quick Ratio | 1.09 | 1.12 | 1.09 | 1.11 | 1.10 | 1.08 | 1.07 | 1.07 | 1.04 | 1.06 | 1.05 | 1.09 | 1.28 |
| — | +3.3% | +2.0% | +4.0% | +5.7% | +1.5% | +1.9% | -1.9% | -18.3% | -9.5% | -10.5% | -15.8% | +3.2% | |
| Interest Coverage | 4.98 | 10.46 | 1.50 | 4.85 | 4.40 | 9.21 | -1.47 | 4.87 | 6.06 | 8.75 | 6.00 | 13.40 | 19.50 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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TriNet Group, Inc.'s current P/E is 13.6x. The average P/E over the last 3 quarters is 17.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
TriNet Group, Inc.'s current operating margin is 5.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking TriNet Group, Inc.'s business trajectory between earnings reports.