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Trinet Group (STU:TN3) Pre-Tax Income : €411 Mil (TTM As of Mar. 2024)


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What is Trinet Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Trinet Group's pretax income for the three months ended in Mar. 2024 was €114 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €411 Mil. Trinet Group's pretax margin was 9.81%.

During the past 13 years, Trinet Group's highest Pretax Margin was 10.18%. The lowest was 1.51%. And the median was 6.94%.


Trinet Group Pre-Tax Income Historical Data

The historical data trend for Trinet Group's Pre-Tax Income 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.

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Trinet Group Pre-Tax Income Chart

Trinet Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 243.00 293.45 390.29 455.01 459.42

Trinet Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 168.12 102.45 116.19 77.95 114.08

Competitive Comparison of Trinet Group's Pre-Tax Income

For the Staffing & Employment Services subindustry, Trinet Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Trinet Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Trinet Group's Pre-Tax Income falls into.



Trinet Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Trinet Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=430.073+0+-36.68+66.024+0
=459

Trinet Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=112.24+0+-14.72+16.56+0
=114

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €411 Mil.

* 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.


Trinet Group  (STU:TN3) Pre-Tax Income Explanation

Trinet Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=114.08/1162.88
=9.81%

During the past 13 years, Trinet Group's highest Pretax Margin was 10.18%. The lowest was 1.51%. And the median was 6.94%.

* 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.


Trinet Group Pre-Tax Income Related Terms

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Trinet Group (STU:TN3) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 600, Dublin, CA, USA, 94568
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.

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