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TriNet (TNET) Gross Margin

Annual Gross Margin

22.39%
-0.52%-2.27%

December 31, 2023

Summary

Performance

1-Year Change

-2.27%

3-Year Change

+13.89%

5-Year Change

+18.09%

15-Year Change

+23.02%

TNET Gross Margin Chart

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Highlights

Sector Rank

36.92%
TNET annual gross profit margin is higher than 36.92% of companies in Industrials sector

High & Low

All-time High

22.91%
TNET annual gross profit margin is currently -2.27% below its historical high of 22.91%

3-Year Low

20.64%
TNET annual gross profit margin is currently +8.48% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
TNET previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 13, 2025
TNET next annual earnings announcement is scheduled for Feb 13, 2025

OtherTNETprofitabilitymetrics:

Annual Revenue

$4.92 B
TNET annual revenue is $4.92 billion

Annual Gross Profit

$1.10 B
TNET annual gross profit is $1.10 billion

Annual Operating Margin

9.53%
TNET annual operating profit margin is 9.53%

Annual Net Margin

7.62%
TNET annual net profit margin is 7.62%

Quarterly Gross Margin

17.30%
-1.87%-9.75%

September 30, 2024

Summary

Performance

3-Month Change

-9.75%

1-Year Change

-13.84%

3-Year Change

-31.78%

5-Year Change

-31.78%

TNET Quarterly Gross Margin Chart

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Highlights

Sector Rank

24.36%
TNET quarterly gross profit margin is higher than 24.36% of companies in Industrials sector

High & Low

All-time High

29.01%
TNET quarterly gross profit margin is currently -40.37% below its historical high of 29.01%

3-Year Low

17.30%
TNET quarterly gross profit margin is currently at its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
TNET previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 13, 2025
TNET next earnings announcement is scheduled for Feb 13, 2025

OtherTNETprofitabilitymetrics:

Quarterly Revenue

$1.24 B
TNET quarterly revenue is $1.24 billion

Quarterly Gross Profit

$214.00 M
TNET quarterly gross profit is $214.00 million

Quarterly Operating Margin

4.69%
TNET quarterly operating profit margin is 4.69%

Quarterly Net Margin

3.64%
TNET quarterly net profit margin is 3.64%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

22.39%
TNET annual gross profit margin is 22.39%

Annual Gross Profit

$1.10 B
TNET annual gross profit is $1.10 billion

Annual Revenue

$4.92 B
TNET annual revenue is $4.92 billion

TNET Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-2.3%-13.8%
3 y3 years+13.9%-31.8%
5 y5 years+18.1%-31.8%

TNET Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-2.3%+8.5%-35.2%at low
5 y5-year-2.3%+26.2%-40.4%+21.8%
alltimeall time-2.3%+50.4%-40.4%+31.3%

TriNet Gross Margin History

DateAnnualQuarterly
Sep 2024
-
17.30%(-9.8%)
Jun 2024
-
19.17%(-12.8%)
Mar 2024
-
21.99%(+9.5%)
Dec 2023
22.39%(-2.3%)
20.08%(-10.4%)
Sep 2023
-
22.42%(+3.5%)
Jun 2023
-
21.67%(-14.6%)
Mar 2023
-
25.36%(+34.0%)
Dec 2022
22.91%(+11.0%)
18.92%(-19.0%)
Sep 2022
-
23.37%(+3.1%)
Jun 2022
-
22.67%(-15.0%)
Mar 2022
-
26.68%(+49.4%)
Dec 2021
20.64%(+5.0%)
17.86%(-13.1%)
Sep 2021
-
20.56%(-4.1%)
Jun 2021
-
21.45%(-7.2%)
Mar 2021
-
23.11%(+62.6%)
Dec 2020
19.66%(+10.8%)
14.21%(-6.4%)
Sep 2020
-
15.18%(-47.7%)
Jun 2020
-
29.01%(+38.8%)
Mar 2020
-
20.90%(+27.4%)
Dec 2019
17.74%(-6.4%)
16.40%(-1.9%)
Sep 2019
-
16.72%(-7.0%)
Jun 2019
-
17.97%(-10.2%)
Mar 2019
-
20.02%(+13.3%)
Dec 2018
18.96%
17.67%(-9.1%)
DateAnnualQuarterly
Sep 2018
-
19.43%(-2.3%)
Jun 2018
-
19.88%(+5.0%)
Mar 2018
-
18.93%(+8.5%)
Dec 2017
18.20%(+22.1%)
17.45%(-7.9%)
Sep 2017
-
18.95%(+1.2%)
Jun 2017
-
18.73%(+6.6%)
Mar 2017
-
17.57%(+16.4%)
Dec 2016
14.90%(+0.1%)
15.10%(+4.9%)
Sep 2016
-
14.39%(+2.1%)
Jun 2016
-
14.10%(-12.1%)
Mar 2016
-
16.04%(+6.1%)
Dec 2015
14.89%(-12.4%)
15.12%(+5.2%)
Sep 2015
-
14.37%(+9.0%)
Jun 2015
-
13.18%(-22.2%)
Mar 2015
-
16.95%(+10.1%)
Dec 2014
17.00%(-10.1%)
15.39%(-10.1%)
Sep 2014
-
17.12%(-1.0%)
Jun 2014
-
17.29%(-6.5%)
Mar 2014
-
18.49%(0.0%)
Dec 2013
18.92%(-6.2%)
18.49%(+7.5%)
Sep 2013
-
17.20%(-11.4%)
Jun 2013
-
19.41%(-8.4%)
Mar 2013
-
21.18%
Dec 2012
20.16%(+30.4%)
-
Dec 2011
15.46%
-

FAQ

  • What is TriNet annual gross profit margin?
  • What is the all time high annual gross margin for TriNet?
  • What is TriNet annual gross margin year-on-year change?
  • What is TriNet quarterly gross profit margin?
  • What is the all time high quarterly gross margin for TriNet?
  • What is TriNet quarterly gross margin year-on-year change?

What is TriNet annual gross profit margin?

The current annual gross margin of TNET is 22.39%

What is the all time high annual gross margin for TriNet?

TriNet all-time high annual gross profit margin is 22.91%

What is TriNet annual gross margin year-on-year change?

Over the past year, TNET annual gross profit margin has changed by -0.52% (-2.27%)

What is TriNet quarterly gross profit margin?

The current quarterly gross margin of TNET is 17.30%

What is the all time high quarterly gross margin for TriNet?

TriNet all-time high quarterly gross profit margin is 29.01%

What is TriNet quarterly gross margin year-on-year change?

Over the past year, TNET quarterly gross profit margin has changed by -2.78% (-13.84%)