TriNet Group, Inc. (TNET) is a publicly traded company in the Industrials — Staffing & Employment Services industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
TriNet Group, Inc. provides comprehensive human capital management services for small and medium-sized businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers' compensation insurance and claims management; employment and benefits law compliance; and other HR related services.
Is TriNet Group, Inc. stock overvalued or undervalued in 2026?
TriNet Group, Inc. (TNET) trades at 18.7× earnings (P/E), below the median of the 297 industrials companies over $2bn in Kaplio's universe. At the decade median (18.9×) $70 (+1 %); at its sector median (25.8×) $96 (+38 %).
Kaplio overview: TriNet Group, Inc.
Market cap $3B · 52 weeks $34 – $76 (1 % below the high) · P/E 18.7× · 2027 expected P/E 14.2× · Dividend 1.5 % · Next earnings October 29, 2026 · expected EPS $0.60 · Closing price, Oct 26 · accounts published Jul 30.
- Valuation: P/E 18.7× (fairly priced).
- Business: ROIC 17 % (solid).
- Balance sheet: Net debt/EBITDA 1.9× (solid).
- Earnings: 7 of 8 (on track).
What would it be worth at its usual multiples?
At the decade median (18.9×) $70 (+1 %); at its sector median (25.8×) $96 (+38 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in industrials: 7 of 10 pass
- Operating margin 5.4 %, fails.
- Capex / Revenue 0.1 %, fails.
- Altman Z-Score 1.7, fails.
- 5y revenue growth 11.6 %, passes.
- ROIC 17.1 %, passes.
- FCF conversion 197.4 %, passes.
- Net debt / EBITDA 1.9×, passes.
- Piotroski F-Score 6 de 9, passes.
- P/E vs own 10y history 18.7×, passes.
- Cycle-adjusted EV/EBITDA 10.7×, passes.
Against its peers (reference peers) — TriNet Group, Inc.: P/E 18.8×; EV/EBITDA 10.7×; ROIC 17.1 %; $3.2B. Korn Ferry (P/E 13.8×; EV/EBITDA 7.9×; ROIC 9.0 %; $4.0B), Robert Half Inc. (P/E 37.2×; EV/EBITDA 31.4×; ROIC 3.1 %; $4.6B), Insperity, Inc. (P/E —; EV/EBITDA 35.9×; ROIC -0.5 %; $2.1B).
Expensive or cheap against its last 9 years?
P/E at each close: today 18.8× · median 18.9× · minimum 9.3× · maximum 28.8× · cheap below 16.4× · expensive above 22.4×. It has been cheaper than today only 48% of the time over its last 9 years.
Dividend
tight (only raised recently) · Yield 1.5 % ($1.08 per share in 2025) · Years raising it 1 · paying since 2024 · Free cash flow coverage 5.7× · With $1,000 invested today you'd collect $15.20 a year ($1.27 a month).
Profitability
| Return on Equity | 188.17% |
| Return on Invested Capital | 17.09% |
| Return on Assets | 5.23% |
| Gross Margin | 19.10% |
| Operating Margin | 6.18% |
| Net Margin | 3.58% |
Financial Health
| Debt / Equity | 7.60 |
| Current Ratio | 1.13 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 1.69 |
Price Performance
| 1 month | +15.54% |
| 3 months | +7.12% |
| Year-to-date | +27.23% |
| 1 year | +20.85% |
| 3 years | -27.83% |
| 5 years | -24.90% |
| 10 years | +303.81% |
Dividend History
Paid in the last 12 months: $1.1450 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-10-01 | $0.2900 |
| 2026-07-01 | $0.2900 |
| 2026-04-01 | $0.2900 |
| 2026-01-02 | $0.2750 |
| 2025-10-01 | $0.2750 |
| 2025-07-01 | $0.2750 |
| 2025-04-01 | $0.2750 |
| 2025-01-02 | $0.2500 |
| 2024-10-01 | $0.2500 |
| 2024-07-01 | $0.2500 |
Amounts adjusted for stock splits.
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Explore sector: Industrials · Staffing & Employment Services
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