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Trinet Group, Inc.. (TNET) Fundamental Analysis & AI Grade 2026

TNET NYSE Services-Business Services, NEC DE CIK: 0000937098
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 TNET Key Takeaways

Revenue: $1.2B
Net Margin: 7.3%
Free Cash Flow: $123.0M
Current Ratio: 1.12x
Debt/Equity: 10.80x
EPS: $1.90
AI Grade: C with 72% confidence
Trinet Group, Inc.. (TNET) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.2B, net profit margin of 7.3%, and return on equity (ROE) of 107.2%, Trinet Group, Inc.. demonstrates mixed fundamentals in the Services sector. Below is our complete TNET stock analysis for 2026.

Is Trinet Group, Inc.. (TNET) a Good Investment?

Claude

TriNet operates with an unsustainable capital structure (10.8x debt/equity) while facing declining fundamentals: revenue contracted 0.9% YoY and net income fell 10.4%, with profitability deteriorating faster than topline. While operating cash flow remains solid at $149M, the thin equity base ($83M against $3.3B liabilities) and negative earnings momentum create significant downside risk in a leveraged position.

Trinet Group, Inc.. Key Strengths (TNET)

Claude
  • + Strong operating cash flow of $149M with healthy 10% FCF margin
  • + Adequate liquidity with $340M cash providing near-term debt service coverage
  • + Stable 10% operating margin demonstrates serviceable business fundamentals in core operations

TNET Stock Risks: Trinet Group, Inc.. Investment Risks

Claude
  • ! Extreme leverage at 10.8x debt/equity with only $83M equity buffer against $3.3B liabilities creates fragility
  • ! Declining financial performance: revenue down 0.9% YoY, net income down 10.4%, indicating deteriorating profitability momentum
  • ! Highly vulnerable to operational disruptions or economic slowdown given minimal equity cushion and large debt service obligations

Key Metrics to Watch

Claude
  • * Revenue growth trajectory - critical given negative momentum
  • * Operating cash flow sustainability and FCF generation
  • * Debt refinancing activity and interest coverage ability

Trinet Group, Inc.. (TNET) Financial Metrics & Key Ratios

Revenue
$1.2B
Net Income
$89.0M
EPS (Diluted)
$1.90
Free Cash Flow
$123.0M
Total Assets
$3.4B
Cash Position
$340.0M

💡 AI Analyst Insight

Trinet Group, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

TNET Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 10.0%
Net Margin 7.3%
ROE 107.2%
ROA 2.6%
FCF Margin 10.0%

TNET vs Services Sector: How Trinet Group, Inc.. Compares

How Trinet Group, Inc.. compares to Services sector averages

Net Margin
TNET 7.3%
vs
Sector Avg 10.0%
TNET Sector
ROE
TNET 107.2%
vs
Sector Avg 16.0%
TNET Sector
Current Ratio
TNET 1.1x
vs
Sector Avg 1.5x
TNET Sector
Debt/Equity
TNET 10.8x
vs
Sector Avg 0.7x
TNET Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Trinet Group, Inc.. Stock Overvalued? TNET Valuation Analysis 2026

Based on fundamental analysis, Trinet Group, Inc.. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
107.2%
Sector avg: 16%
Net Profit Margin
7.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
10.80x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Trinet Group, Inc.. Balance Sheet: TNET Debt, Cash & Liquidity

Current Ratio
1.12x
Quick Ratio
1.12x
Debt/Equity
10.80x
Debt/Assets
97.6%
Interest Coverage
N/A
Long-term Debt
$896.0M

TNET Revenue & Earnings Growth: 5-Year Financial Trend

TNET 5-year financial data: Year 2019: Revenue $3.9B, Net Income N/A, EPS N/A. Year 2020: Revenue $4.0B, Net Income N/A, EPS N/A. Year 2021: Revenue $4.5B, Net Income $212.0M, EPS $2.99. Year 2022: Revenue $4.9B, Net Income $272.0M, EPS $3.99. Year 2023: Revenue $4.9B, Net Income $338.0M, EPS $5.07.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Trinet Group, Inc..'s revenue has grown significantly by 28% over the 5-year period, indicating strong business expansion. The most recent EPS of $6.56 reflects profitable operations.

TNET Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
10.0%
Free cash flow / Revenue

TNET Quarterly Earnings & Performance

Quarterly financial performance data for Trinet Group, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 44012 $935.0M $46.0M $0.64
Q1 43921 $934.0M $63.0M $0.89
Q3 43738 $875.0M $51.0M $0.71
Q2 43646 $850.0M $46.0M $0.64
Q3 2024 $1.2B $45.0M $0.89
Q2 2024 $1.2B $60.0M $1.20
Q1 2024 $1.2B $91.0M $1.78
Q3 2023 $1.2B $77.0M $1.22

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Trinet Group, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$149.0M
Cash generated from operations
Stock Buybacks
$58.0M
Shares repurchased (TTM)
Capital Expenditures
$26.0M
Investment in assets
Dividends Paid
$13.0M
Returned to shareholders

TNET SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Trinet Group, Inc.. (CIK: 0000937098)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 4 xslF345X06/wk-form4_1780091322.xml View →
May 27, 2026 8-K tnet-20260527.htm View →
May 21, 2026 4 xslF345X06/wk-form4_1779399442.xml View →
May 19, 2026 4 xslF345X06/wk-form4_1779230045.xml View →
May 19, 2026 4 xslF345X06/wk-form4_1779229957.xml View →

Frequently Asked Questions about TNET

What is the AI rating for TNET?

Trinet Group, Inc.. (TNET) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TNET's key strengths?

Claude: Strong operating cash flow of $149M with healthy 10% FCF margin. Adequate liquidity with $340M cash providing near-term debt service coverage.

What are the risks of investing in TNET?

Claude: Extreme leverage at 10.8x debt/equity with only $83M equity buffer against $3.3B liabilities creates fragility. Declining financial performance: revenue down 0.9% YoY, net income down 10.4%, indicating deteriorating profitability momentum.

What is TNET's revenue and growth?

Trinet Group, Inc.. reported revenue of $1.2B.

Does TNET pay dividends?

Trinet Group, Inc.. pays dividends, with $13.0M distributed to shareholders in the trailing twelve months.

Where can I find TNET SEC filings?

Official SEC filings for Trinet Group, Inc.. (CIK: 0000937098) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TNET's EPS?

Trinet Group, Inc.. has a diluted EPS of $1.90.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TNET's fundamental grade?

Based on our AI fundamental analysis in June 2026, Trinet Group, Inc.. has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is TNET stock overvalued or undervalued?

Valuation metrics for TNET: ROE of 107.2% (sector avg: 16%), net margin of 7.3% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

What is TNET's AI grade for 2026?

Our dual AI analysis gives Trinet Group, Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TNET's free cash flow?

Trinet Group, Inc..'s operating cash flow is $149.0M, with capital expenditures of $26.0M. FCF margin is 10.0%.

How does TNET compare to other Services stocks?

Vs Services sector averages: Net margin 7.3% (avg: 10%), ROE 107.2% (avg: 16%), current ratio 1.12 (avg: 1.5).

Is Trinet Group, Inc.. carrying too much debt?

TNET has a debt-to-equity ratio of 10.80x, which is above the Services sector average of 0.7x. However, the current ratio of 1.12 suggests adequate short-term liquidity.

Why is TNET's return on equity (ROE) so high?

Trinet Group, Inc.. has a return on equity of 107.2%, significantly above the Services sector average of 16%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 7.3% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI