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Companies / Industrials / TRINET GROUP, INC.
TNET

TRINET GROUP, INC.

IndustrialsBusiness Services
Ticker TNETDUBLIN, CAFiscal year ends DecemberBook value per share $2.66Diluted shares 47.0M

TriNet Group, Inc. (NYSE: TRINET) operates as a leading provider of human resources solutions for small and medium-sized businesses through its website at www.trinet.com. Founded in 1988, the company is the largest publicly traded company in the United States focused primarily on the professional employer organization… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.01B
−0.9% year over year
Last 12 mo $4.88B
0.00%
$155.00M
−10.4% year over year
Last 12 mo $175.00M
287.04%
+36.3 percentage points
Last 12 mo 140.00%
Cash & financing
$303.00M
+8.6% year over year
Last 12 mo $370.00M
$234.00M
+16.4% year over year
Last 12 mo $288.00M
16.57
Was 14.25× a year earlier
Last 12 mo 7.17
49.0M
−2.0% year over year
Last 12 mo 47.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TRINET GROUP, INC. does

In the company’s own words

TriNet Group, Inc. (NYSE: TRINET) operates as a leading provider of human resources solutions for small and medium-sized businesses through its website at www.trinet.com. Founded in 1988, the company is the largest publicly traded company in the United States focused primarily on the professional employer organization business by market capitalization.

TriNet delivers comprehensive HR solutions through two primary service models: Professional Employer Organization services and Administrative Services Offering services. The PEO model represents the company's core business, operating on a co-employment basis where TriNet assumes significant employment-related responsibilities including payroll processing, tax administration, workers' compensation insurance, and access to TriNet-sponsored employee benefit plans. The ASO model, which includes the HR Plus product launched in 2025, provides payroll processing, HR administration, and compliance management without co-employment or access to TriNet-sponsored benefits.

The company's comprehensive service portfolio encompasses HR consulting expertise, benefit options including health insurance and retirement plans, payroll services, risk mitigation programs, technology platforms, and contractor and global workforce support. TriNet processes approximately seventy billion dollars in payroll and payroll taxes annually for its clients and serves approximately 323,200 worksite employees and 39,700 ASO users as of year-end 2025.

TriNet operates across multiple industry verticals including technology, financial services, life sciences, nonprofit, professional services, and main street businesses. The company's top five markets by worksite employee paid wages are California, New York, Florida, Texas, and Massachusetts, collectively representing approximately sixty-four percent of total WSE paid wages. Nearly all revenues are generated within the United States and its territories.

The company employs approximately 3,400 colleagues globally, with primary on-site centers located in Hyderabad, India; Atlanta, Georgia; and Dublin, California. TriNet generates revenue through service fees charged to PEO and ASO clients, insurance service revenues, and professional service revenues. The company maintains a strategic focus on technology investments, including artificial intelligence capabilities and next-generation cloud-based platforms designed to enhance customer experience and operational efficiency.

Company details
Sector
Industrials
Industry
Business Services
Headquarters
DUBLIN, CA
Fiscal year end
December
CIK
937098
SIC
7389

Financial performance, year by year

Fiscal 2014–2025 · USD
$-505.30M$1.01B$2.53B$4.04B$5.56B201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TRINET GROUP, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

218
funds hold it
0 of 35
superinvestors hold it
$465.70M
held by funds, at market
21.3%
of shares held by funds
2
bond issues held by funds

Largest fund holders · TRINET GROUP, INC.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets
Small Cap Value Fund
ASVIX · American Century Capital Portfolios, Inc.
0.80%of fund net assets
MFS Blended Research Mid Cap Equity Fund
BMSFX · MFS Series Trust X
0.70%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

TRINET GROUP, INC.’s bonds, as funds hold them

Funds report holding 2 issues of TRINET GROUP, INC.’s debt, $210.95M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.89%, maturing 2029 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do TRINET GROUP, INC. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of TRINET GROUP, INC.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in TRINET GROUP, INC.'s last four quarterly filings that the numbers alone won't show?”
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