TriNet Group Future Growth

Future criteria checks 2/6

TriNet Group's revenue is forecast to decline at 54.7% per annum while its annual earnings are expected to grow at 2.9% per year. EPS is expected to grow by 3.5% per annum. Return on equity is forecast to be 104.4% in 3 years.

Key information

2.9%

Earnings growth rate

3.5%

EPS growth rate

Professional Services earnings growth	16.8%
Revenue growth rate	-54.7%
Future return on equity	104.4%
Analyst coverage	Low
Last updated	06 Jan 2025

Recent future growth updates

Recent updates

TriNet Group, Inc.'s (NYSE:TNET) Share Price Not Quite Adding Up

Jan 22

What Is TriNet Group, Inc.'s (NYSE:TNET) Share Price Doing?

Nov 17

I Was Too Optimistic On TriNet, But Now It's Undervalued And Ready For A Return To Growth

Oct 20

TriNet Group, Inc.'s (NYSE:TNET) Share Price Is Matching Sentiment Around Its Earnings

Oct 10

Investors Shouldn't Overlook TriNet Group's (NYSE:TNET) Impressive Returns On Capital

Apr 01

Here's Why TriNet Group (NYSE:TNET) Has Caught The Eye Of Investors

Mar 14

Risks To Shareholder Returns Are Elevated At These Prices For TriNet Group, Inc. (NYSE:TNET)

Feb 05

Is It Time To Consider Buying TriNet Group, Inc. (NYSE:TNET)?

Jan 15

TriNet Sees Improving Outlook From Key SMB Segment

Dec 18

TriNet Group, Inc.'s (NYSE:TNET) Intrinsic Value Is Potentially 99% Above Its Share Price

Dec 04

Returns On Capital Are A Standout For TriNet Group (NYSE:TNET)

Nov 09

Is TriNet Group, Inc. (NYSE:TNET) Potentially Undervalued?

Sep 29

TriNet Group: Bullish On Company, Not On Stock

Sep 28

TriNet Group (NYSE:TNET) Looks To Prolong Its Impressive Returns

Aug 07

Is It Too Late To Consider Buying TriNet Group, Inc. (NYSE:TNET)?

Jun 26

TriNet Group: Good Firm Trading With A Premium

Jun 21

TriNet Group (NYSE:TNET) Is Aiming To Keep Up Its Impressive Returns

May 05

Should You Investigate TriNet Group, Inc. (NYSE:TNET) At US$76.74?

Mar 28

A Look At The Intrinsic Value Of TriNet Group, Inc. (NYSE:TNET)

Mar 13

Here's Why We Think TriNet Group (NYSE:TNET) Might Deserve Your Attention Today

Feb 24

TriNet Group: A Solid HR Play, But Not The Most Attractive In The Current Environment

Feb 22

Earnings and Revenue Growth Forecasts

NYSE:TNET - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,326	265	N/A	N/A	3
12/31/2025	1,213	213	-423	-352	5
12/31/2024	1,180	194	-263	-185	5
9/30/2024	4,972	263	231	312	N/A
6/30/2024	4,957	313	157	233	N/A
3/31/2024	4,940	335	424	500	N/A
12/31/2023	4,922	375	470	545	N/A
9/30/2023	4,903	356	372	443	N/A
6/30/2023	4,922	339	440	504	N/A
3/31/2023	4,913	340	209	271	N/A
12/31/2022	4,885	355	506	562	N/A
9/30/2022	4,891	376	260	310	N/A
6/30/2022	4,798	376	484	533	N/A
3/31/2022	4,698	383	561	607	N/A
12/31/2021	4,540	338	178	218	N/A
9/30/2021	4,371	291	532	570	N/A
6/30/2021	4,198	247	451	486	N/A
3/31/2021	4,046	282	618	653	N/A
12/31/2020	4,034	272	510	546	N/A
9/30/2020	3,989	298	604	642	N/A
6/30/2020	3,983	320	465	503	N/A
3/31/2020	3,970	240	292	331	N/A
12/31/2019	3,856	212	426	471	N/A
9/30/2019	3,755	193	117	161	N/A
6/30/2019	3,661	189	235	277	N/A
3/31/2019	3,576	201	247	290	N/A
12/31/2018	3,503	192	-147	-104	N/A
9/30/2018	3,434	229	229	271	N/A
6/30/2018	3,378	221	N/A	267	N/A
3/31/2018	3,328	203	N/A	231	N/A
12/31/2017	3,275	178	N/A	606	N/A
9/30/2017	3,238	135	N/A	-73	N/A
6/30/2017	3,189	106	N/A	-99	N/A
3/31/2017	3,135	78	N/A	-52	N/A
12/31/2016	3,060	61	N/A	192	N/A
9/30/2016	2,975	53	N/A	107	N/A
6/30/2016	2,872	41	N/A	129	N/A
3/31/2016	2,767	27	N/A	158	N/A
12/31/2015	2,659	32	N/A	151	N/A
9/30/2015	2,537	24	N/A	158	N/A
6/30/2015	2,425	22	N/A	143	N/A
3/31/2015	2,310	30	N/A	135	N/A
12/31/2014	2,194	13	N/A	152	N/A
9/30/2014	2,072	8	N/A	137	N/A
6/30/2014	1,964	-1	N/A	94	N/A
3/31/2014	1,802	3	N/A	95	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TNET's forecast earnings growth (2.9% per year) is above the savings rate (2.6%).

Earnings vs Market: TNET's earnings (2.9% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: TNET's earnings are forecast to grow, but not significantly.

Revenue vs Market: TNET's revenue is expected to decline over the next 3 years (-54.7% per year).

High Growth Revenue: TNET's revenue is forecast to decline over the next 3 years (-54.7% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TNET's Return on Equity is forecast to be very high in 3 years time (104.4%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/30 01:12
End of Day Share Price	2025/01/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TriNet Group, Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Samuel England	Berenberg
Kevin McVeigh	Credit Suisse
Paul Ginocchio	Deutsche Bank

TriNet Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 18%

Price target decreased by 9.2% to US$110

TriNet Group, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024

TriNet Group, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024

Consensus EPS estimates fall by 17%

TriNet Group, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2024

Recent updates

TriNet Group, Inc. to Report Q4, 2024 Results on Feb 13, 2025

TriNet Group, Inc.'s (NYSE:TNET) Share Price Not Quite Adding Up

TriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses

Upcoming dividend of US$0.25 per share

TriNet Group, Inc. Announces Quarterly Dividend, Payable on January 27, 2025

What Is TriNet Group, Inc.'s (NYSE:TNET) Share Price Doing?

Investor sentiment improves as stock rises 17%

Consensus EPS estimates fall by 18%

Price target decreased by 9.2% to US$110

TriNet Group, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

I Was Too Optimistic On TriNet, But Now It's Undervalued And Ready For A Return To Growth

TriNet Group, Inc.'s (NYSE:TNET) Share Price Is Matching Sentiment Around Its Earnings

TriNet Group, Inc. to Report Q3, 2024 Results on Oct 25, 2024

Upcoming dividend of US$0.25 per share

TriNet Group, Inc. Announces Executive Changes

Executive VP & CFO recently sold US$482k worth of stock

Executive VP & CFO notifies of intention to sell stock

At US$100, Is TriNet Group, Inc. (NYSE:TNET) Worth Looking At Closely?

Executive VP of Business Affairs recently sold US$745k worth of stock

Executive VP of Business Affairs notifies of intention to sell stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

TriNet Group, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024

TriNet Announces Shea Treadway as Chief Revenue Officer, Effective July 29, 2024

TriNet Group (NYSE:TNET) Is Achieving High Returns On Its Capital

TriNet Announces Appointment of Brian Evanko to Board of Directors

TriNet Group, Inc. to Report Q2, 2024 Results on Jul 26, 2024

TriNet Announces Quarterly Dividend, Payable on July 22, 2024

TriNet Group, Inc. (NYSE:TNET) Investors Are Less Pessimistic Than Expected

TriNet Group, Inc. Announces Executive Changes

TriNet Announces Management Changes

Insufficient new directors

Special Advisor notifies of intention to sell stock

Consensus EPS estimates fall by 17%

TriNet Group, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Is Now An Opportune Moment To Examine TriNet Group, Inc. (NYSE:TNET)?

TriNet: Potential Revenue Growth Inflection In 2024

TriNet Group, Inc. to Report Q1, 2024 Results on Apr 26, 2024

Investors Shouldn't Overlook TriNet Group's (NYSE:TNET) Impressive Returns On Capital

Here's Why TriNet Group (NYSE:TNET) Has Caught The Eye Of Investors

Executive VP & CFO recently sold US$539k worth of stock

Independent Director notifies of intention to sell stock

New major risk - Revenue and earnings growth

TriNet Announces CEO Changes

Risks To Shareholder Returns Are Elevated At These Prices For TriNet Group, Inc. (NYSE:TNET)

TriNet Group, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Is It Time To Consider Buying TriNet Group, Inc. (NYSE:TNET)?

Senior VP & Chief Revenue Officer notifies of intention to sell stock

TriNet Sees Improving Outlook From Key SMB Segment

TriNet Group, Inc.'s (NYSE:TNET) Intrinsic Value Is Potentially 99% Above Its Share Price

President notifies of intention to sell stock

Returns On Capital Are A Standout For TriNet Group (NYSE:TNET)

President exercised options and sold US$772k worth of stock

New minor risk - Financial position

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

TriNet Group, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023

TriNet Group, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Is TriNet Group, Inc. (NYSE:TNET) Potentially Undervalued?

TriNet Group: Bullish On Company, Not On Stock

President notifies of intention to sell stock

Price target increased by 8.5% to US$118

Executive VP of Business Affairs recently sold US$1.1m worth of stock

Price target increased by 9.4% to US$109

President notifies of intention to sell stock

Price target increased by 13% to US$106

TriNet Group (NYSE:TNET) Looks To Prolong Its Impressive Returns

President exercised options and sold US$748k worth of stock

Consensus EPS estimates increase by 18%