TriNet Group, Inc.
Financial Statements and Supplementary Data. 2021 Credit Agreement Our credit agreement dated February 26, 2021, as amended, supplemented or modified from time to time, most recently August 16, 2023. 2021 Revolver Our $700 million revolving line of credit included in our 2021 Credit Agreement, as amended on August 16, 2023 2029 Notes Our $500 million senior unsecured notes maturing in March 202…
$73.97
+$2.94 (+4.13%)
EOD Oct 22, 2026
Revenue declined 0.9% YoY. The question is whether this is cyclical or a structural shift.
Even for strong businesses, today's 20x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
19.6x earnings, 11.8x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$4.88B
▼ -0.9% YoY
Net Income (TTM)
$175M
▼ -10.4% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$288M
▲ +16.4% YoY
Op. Cash Flow (TTM)
$370M
▲ +8.6% YoY
Net Debt
$592M
Cash & Equiv.
$358M
5Y CAGR: +4.4%
5Y CAGR: -14.4%
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SourceComputed from the 10-Q filed 23 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 31 Jul 2026. How this is calculated.
Price from market data, last close as of 22 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is TriNet Group (TNET) overvalued?
At a P/E of 19.6 and a price-to-free-cash-flow of 11.8, TriNet Group (TNET) trades below a two-stage DCF intrinsic value of about $163.91 per share, so at $73.97 the stock looks undervalued (121.6% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, TriNet Group scores 33/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.6%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is TriNet Group's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $163.91 per share for TNET, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $122.94. At today's $73.97, that puts the stock about 121.6% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is TriNet Group a high-quality business?+
TriNet Group scores 33 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does TriNet Group (TNET) pay a dividend, and how much?+
Yes, TriNet Group pays a regular dividend of about $1.15 per share per year (typically in quarterly installments), a yield of roughly 1.6% at the current price. That is a payout ratio of about 30.3% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For TNET's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is TriNet Group a good stock to buy right now?+
That depends on valuation and quality together, not either alone. TNET currently trades below its estimated intrinsic value and scores 33/100 on quality (lower-quality). It also yields about 1.6%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Services-Business Services, NEC
Spot a number that looks wrong? Check it in TNET's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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