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Trinet Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Trinet Group and similar public comparables like Meitec Group Holdings, First Advantage, FESCO Group, Jinhai Medical Technology and more.
Trinet Group Overview
About Trinet Group
Trinet Group Inc provides human resources solutions for small and medium-sized businesses through technology-enabled services. Its offerings include human capital expertise, employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. The company provides its services through professional employer organization (PEO) services delivered via a co-employment model, as well as administrative services organization (ASO) offerings. The majority of the company's revenue is derived from the insurance-related billings and administrative fees collected from PEO clients.
Founded
2000
HQ

Employees
3.4K
Website
Sectors
Financials (LTM)
EV
$2B
Trinet Group Financials
Trinet Group reported last 12-month revenue of $1B and EBITDA of $417M.
In the same LTM period, Trinet Group generated $862M in gross profit, $417M in EBITDA, and $150M in net income.
Revenue (LTM)
Trinet Group P&L
In the most recent fiscal year, Trinet Group reported revenue of $5B and EBITDA of $425M.
Trinet Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $5B | XXX | XXX | XXX |
| Gross Profit | $862M | XXX | $886M | XXX | XXX | XXX |
| Gross Margin | 75% | XXX | 18% | XXX | XXX | XXX |
| EBITDA | $417M | XXX | $425M | XXX | XXX | XXX |
| EBITDA Margin | 36% | XXX | 9% | XXX | XXX | XXX |
| EBIT Margin | 23% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | $150M | XXX | $155M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 3% | XXX | XXX | XXX |
| Net Debt | — | — | $608M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Trinet Group Stock Performance
Trinet Group has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Trinet Group's stock price is $37.60.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | 0.0% | XXX | XXX | XXX | $3.28 |
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Start Free TrialTrinet Group Valuation Multiples
Trinet Group trades at 2.1x EV/Revenue multiple, and 5.8x EV/EBITDA.
EV / Revenue (LTM)
Trinet Group Financial Valuation Multiples
As of March 21, 2026, Trinet Group has market cap of $2B and EV of $2B.
Equity research analysts estimate Trinet Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Trinet Group has a P/E ratio of 11.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 2.1x | XXX | 0.5x | XXX | XXX | XXX |
| EV/EBITDA | 5.8x | XXX | 5.7x | XXX | XXX | XXX |
| EV/EBIT | 9.3x | XXX | 8.9x | XXX | XXX | XXX |
| EV/Gross Profit | 2.8x | XXX | 2.7x | XXX | XXX | XXX |
| P/E | 11.8x | XXX | 11.5x | XXX | XXX | XXX |
| EV/FCF | 10.2x | XXX | 10.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Trinet Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Trinet Group Margins & Growth Rates
Trinet Group's revenue in the last 12 month declined by (3%).
Trinet Group's revenue per employee in the last FY averaged $0.3M.
Trinet Group's rule of 40 is 33% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Trinet Group's rule of X is 28% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Trinet Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (3%) | XXX | (78%) | XXX | XXX | XXX |
| EBITDA Margin | 36% | XXX | 9% | XXX | XXX | XXX |
| EBITDA Growth | (5%) | XXX | (8%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 33% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 28% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 24% | XXX | 5% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 18% | XXX | 4% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 6% | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 12% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Trinet Group Public Comps
See public comps and valuation multiples for other Recruitment & Staffing comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Meitec Group Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| First Advantage | XXX | XXX | XXX | XXX | XXX | XXX |
| FESCO Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Jinhai Medical Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| ManpowerGroup | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Trinet Group M&A Activity
Trinet Group acquired XXX companies to date.
Last acquisition by Trinet Group was on XXXXXXXX, XXXXX. Trinet Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Trinet Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialTrinet Group Investment Activity
Trinet Group invested in XXX companies to date.
Trinet Group made its latest investment on XXXXXXXX, XXXXX. Trinet Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Trinet Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Trinet Group
| When was Trinet Group founded? | Trinet Group was founded in 2000. |
| Where is Trinet Group headquartered? | Trinet Group is headquartered in United States. |
| How many employees does Trinet Group have? | As of today, Trinet Group has over 3K employees. |
| Who is the CEO of Trinet Group? | Trinet Group's CEO is Michael Q. Simonds. |
| Is Trinet Group publicly listed? | Yes, Trinet Group is a public company listed on NYSE. |
| What is the stock symbol of Trinet Group? | Trinet Group trades under TNET ticker. |
| When did Trinet Group go public? | Trinet Group went public in 2014. |
| Who are competitors of Trinet Group? | Trinet Group main competitors are Meitec Group Holdings, First Advantage, FESCO Group, Jinhai Medical Technology. |
| What is the current market cap of Trinet Group? | Trinet Group's current market cap is $2B. |
| What is the current revenue of Trinet Group? | Trinet Group's last 12 months revenue is $1B. |
| What is the current revenue growth of Trinet Group? | Trinet Group revenue growth (NTM/LTM) is (3%). |
| What is the current EV/Revenue multiple of Trinet Group? | Current revenue multiple of Trinet Group is 2.1x. |
| Is Trinet Group profitable? | Yes, Trinet Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Trinet Group? | Trinet Group's last 12 months EBITDA is $417M. |
| What is Trinet Group's EBITDA margin? | Trinet Group's last 12 months EBITDA margin is 36%. |
| What is the current EV/EBITDA multiple of Trinet Group? | Current EBITDA multiple of Trinet Group is 5.8x. |
| What is the current FCF of Trinet Group? | Trinet Group's last 12 months FCF is $240M. |
| What is Trinet Group's FCF margin? | Trinet Group's last 12 months FCF margin is 21%. |
| What is the current EV/FCF multiple of Trinet Group? | Current FCF multiple of Trinet Group is 10.2x. |
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