The historical rank and industry rank for Trinet Group's Gross Margin % or its related term are showing as below:
TNET'
s Gross Margin % Range Over the Past 10 Years
Min: 14.89 Med: 18.58 Max: 22.91
Current: 22.39
During the past 13 years, the highestGross Margin % of Trinet Group was 22.91%. The lowest was 14.89%. And the median was 18.58%.
TNET's Gross Margin % is ranked worse than 71.9% of 993
companies
in the Business Services industry
Industry Median: 34.65
vs TNET: 22.39
Trinet Group had a gross margin of 20.08% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Trinet Group was 4.80% per year.
Trinet Group Gross Margin % Historical Data
The historical data trend for Trinet Group's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Trinet Group's Gross Margin %
For the Staffing & Employment Services subindustry, Trinet Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Trinet Group's Gross Margin % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Trinet Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Trinet Group's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Trinet Group (NYSE:TNET) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Trinet Group had a gross margin of 20.08% for the quarter that ended in Dec. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Trinet Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of Trinet Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TNET has been successfully added to your 