TriNet Historical Income Statement

TNET Stock

USD 106.65 1.20 1.14%

Historical analysis of TriNet income statement accounts such as Total Revenue of 3.4 B, Gross Profit of 651.1 M, Other Operating Expenses of 3.2 B or Operating Income of 250.9 M can show how well TriNet Group performed in making a profits. Evaluating TriNet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TriNet's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining TriNet Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TriNet Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriNet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About TriNet Income Statement Analysis

TriNet Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to TriNet shareholders. The income statement also shows TriNet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

TriNet Income Statement Chart

At this time, TriNet's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 33.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 127.8 M in 2024.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Total Revenue

Total revenue comprises all receipts TriNet Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of TriNet Group minus its cost of goods sold. It is profit before TriNet operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from TriNet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TriNet Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriNet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

	2022	2023	2024 (projected)
Interest Expense	39M	40M	28.2M
Depreciation And Amortization	148M	121M	78.1M

Interest Expense Depreciation And Amortization

TriNet income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.69	0.82	0.76	0.78	0.85	0.77	0.83	0.82	0.78	0.88	0.76	0.84	0.75	0.04	0.72	0.79	0.77	0.58	0.86	0.31	0.4	0.87	-0.25
Interest Expense	0.69		0.36	0.54	0.41	0.42	0.42	0.33	0.33	0.4	0.41	0.4	0.51	0.27	0.2	0.25	0.32	0.25	0.27	0.32	0.28	0.25	0.34	-0.2
Selling General Administrative	0.82	0.36		0.9	0.96	0.99	0.95	0.98	0.98	0.98	0.98	0.94	0.97	0.91	0.01	0.91	0.88	0.97	0.76	0.91	0.29	0.46	0.9	-0.26
Selling And Marketing Expenses	0.76	0.54	0.9		0.96	0.92	0.97	0.86	0.86	0.91	0.86	0.97	0.97	0.8	0.21	0.79	0.79	0.84	0.68	0.75	0.38	0.52	0.74	-0.31
Total Revenue	0.78	0.41	0.96	0.96		0.98	1.0	0.94	0.94	0.94	0.94	1.0	0.98	0.87	0.06	0.87	0.84	0.93	0.7	0.83	0.27	0.47	0.8	-0.26
Gross Profit	0.85	0.42	0.99	0.92	0.98		0.97	0.98	0.98	0.97	0.99	0.96	0.98	0.91	0.02	0.91	0.88	0.97	0.72	0.9	0.28	0.46	0.89	-0.26
Other Operating Expenses	0.77	0.42	0.95	0.97	1.0	0.97		0.92	0.92	0.93	0.92	1.0	0.98	0.86	0.07	0.86	0.83	0.91	0.7	0.81	0.27	0.46	0.78	-0.25
Operating Income	0.83	0.33	0.98	0.86	0.94	0.98	0.92		1.0	0.94	1.0	0.92	0.93	0.92	-0.01	0.92	0.89	0.99	0.7	0.93	0.25	0.46	0.92	-0.25
Ebit	0.82	0.33	0.98	0.86	0.94	0.98	0.92	1.0		0.94	0.99	0.92	0.93	0.92	-0.01	0.92	0.88	0.99	0.7	0.93	0.25	0.46	0.91	-0.24
Research Development	0.78	0.4	0.98	0.91	0.94	0.97	0.93	0.94	0.94		0.93	0.92	0.97	0.87	0.06	0.87	0.83	0.93	0.77	0.85	0.33	0.47	0.85	-0.27
Ebitda	0.88	0.41	0.98	0.86	0.94	0.99	0.92	1.0	0.99	0.93		0.92	0.94	0.91	0.0	0.91	0.89	0.97	0.7	0.94	0.27	0.46	0.93	-0.25
Cost Of Revenue	0.76	0.4	0.94	0.97	1.0	0.96	1.0	0.92	0.92	0.92	0.92		0.98	0.85	0.07	0.85	0.83	0.91	0.69	0.81	0.26	0.46	0.77	-0.25
Total Operating Expenses	0.84	0.51	0.97	0.97	0.98	0.98	0.98	0.93	0.93	0.97	0.94	0.98		0.86	0.06	0.86	0.84	0.91	0.72	0.84	0.29	0.45	0.82	-0.26
Income Before Tax	0.75	0.27	0.91	0.8	0.87	0.91	0.86	0.92	0.92	0.87	0.91	0.85	0.86		0.27	1.0	0.97	0.95	0.81	0.91	0.53	0.7	0.92	-0.58
Total Other Income Expense Net	0.04	0.2	0.01	0.21	0.06	0.02	0.07	-0.01	-0.01	0.06	0.0	0.07	0.06	0.27		0.26	0.29	0.06	0.36	0.1	0.93	0.84	0.17	-0.85
Net Income	0.72	0.25	0.91	0.79	0.87	0.91	0.86	0.92	0.92	0.87	0.91	0.85	0.86	1.0	0.26		0.96	0.96	0.81	0.89	0.51	0.69	0.9	-0.56
Income Tax Expense	0.79	0.32	0.88	0.79	0.84	0.88	0.83	0.89	0.88	0.83	0.89	0.83	0.84	0.97	0.29	0.96		0.89	0.78	0.94	0.57	0.71	0.94	-0.61
Net Income From Continuing Ops	0.77	0.25	0.97	0.84	0.93	0.97	0.91	0.99	0.99	0.93	0.97	0.91	0.91	0.95	0.06	0.96	0.89		0.75	0.92	0.31	0.52	0.91	-0.32
Non Operating Income Net Other	0.58	0.27	0.76	0.68	0.7	0.72	0.7	0.7	0.7	0.77	0.7	0.69	0.72	0.81	0.36	0.81	0.78	0.75		0.7	0.6	0.76	0.71	-0.58
Tax Provision	0.86	0.32	0.91	0.75	0.83	0.9	0.81	0.93	0.93	0.85	0.94	0.81	0.84	0.91	0.1	0.89	0.94	0.92	0.7		0.41	0.55	0.99	-0.37
Interest Income	0.31	0.28	0.29	0.38	0.27	0.28	0.27	0.25	0.25	0.33	0.27	0.26	0.29	0.53	0.93	0.51	0.57	0.31	0.6	0.41		0.93	0.48	-0.93
Net Interest Income	0.4	0.25	0.46	0.52	0.47	0.46	0.46	0.46	0.46	0.47	0.46	0.46	0.45	0.7	0.84	0.69	0.71	0.52	0.76	0.55	0.93		0.6	-0.91
Reconciled Depreciation	0.87	0.34	0.9	0.74	0.8	0.89	0.78	0.92	0.91	0.85	0.93	0.77	0.82	0.92	0.17	0.9	0.94	0.91	0.71	0.99	0.48	0.6		-0.45
Extraordinary Items	-0.25	-0.2	-0.26	-0.31	-0.26	-0.26	-0.25	-0.25	-0.24	-0.27	-0.25	-0.25	-0.26	-0.58	-0.85	-0.56	-0.61	-0.32	-0.58	-0.37	-0.93	-0.91	-0.45

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TriNet Account Relationship Matchups

TriNet income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	80M	91M	100M	148M	121M	78.1M
Interest Expense	20M	22M	21M	39M	40M	28.2M
Selling General Administrative	137M	152M	176M	241M	211M	127.8M
Selling And Marketing Expenses	190M	186M	202M	242M	285M	182.9M
Total Revenue	3.9B	4.0B	4.5B	4.9B	4.9B	3.4B
Gross Profit	684M	793M	937M	1.1B	1.0B	651.1M
Other Operating Expenses	3.6B	3.7B	4.1B	4.4B	4.5B	3.2B
Operating Income	268M	368M	455M	499M	469M	250.9M
Ebit	268M	368M	455M	499M	469M	252.8M
Research Development	43M	40M	50M	73M	65M	42.5M
Ebitda	348M	459M	555M	647M	590M	330.9M
Cost Of Revenue	3.2B	3.2B	3.6B	3.8B	3.9B	2.8B
Total Operating Expenses	416M	425M	482M	620M	561M	400.0M
Income Before Tax	270M	357M	441M	482M	501M	526.1M
Total Other Income Expense Net	2M	(11M)	(14M)	(17M)	32M	33.6M
Net Income	212M	272M	338M	355M	375M	393.8M
Income Tax Expense	58M	85M	103M	127M	126M	132.3M
Net Income Applicable To Common Shares	212M	272M	338M	355M	408.3M	428.7M
Net Income From Continuing Ops	212M	272M	338M	355M	356M	221.3M
Tax Provision	58M	85M	103M	127M	124M	78.1M
Interest Income	23M	10M	6M	22M	71M	74.6M
Net Interest Income	2M	(11M)	(14M)	(17M)	42M	44.1M
Reconciled Depreciation	57M	81M	94M	126M	121M	88M

Pair Trading with TriNet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TriNet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TriNet will appreciate offsetting losses from the drop in the long position's value.

Moving together with TriNet Stock

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Pair Corr

Moving against TriNet Stock

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The ability to find closely correlated positions to TriNet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TriNet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TriNet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TriNet Group to buy it.

The correlation of TriNet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TriNet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TriNet Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for TriNet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for TriNet Stock Analysis

When running TriNet's price analysis, check to measure TriNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.

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TriNet Historical Income Statement

About TriNet Income Statement Analysis

TriNet Income Statement Chart

Total Revenue

Gross Profit

TriNet income statement Correlations

TriNet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TriNet income statement Accounts

Pair Trading with TriNet

Moving together with TriNet Stock

Moving against TriNet Stock

Additional Tools for TriNet Stock Analysis

COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Net Income	+ 1.0	Income Before Tax

Extraordinary Items	- 0.93	Interest Income
Extraordinary Items	- 0.91	Net Interest Income
Extraordinary Items	- 0.85	Total Other Income Expense Net
Extraordinary Items	- 0.61	Income Tax Expense
Extraordinary Items	- 0.58	Non Operating Income Net Other
Extraordinary Items	- 0.58	Income Before Tax