TriNet Group Inc (N:TNET)

Business Focus: Human Resources Consulting Services

Sector:  Industrials Industry:  Employment Services
See Regulatory Filings on SEC
Company Contact
Address: 1 Park Pl Ste 600
DUBLIN CA 94568-7983
Tel: N/A
IR: See website
Key People
David C. Hodgson
Independent Chairman of the Board
Burton M. Goldfield
President, Chief Executive Officer, Director
Olivier Kohler
Chief Operating Officer, Senior Vice President
Samantha Wellington
Senior Vice President, Chief Legal Officer and Secretary
Barrett Boston
Senior Vice President, Chief Revenue Officer
Edward Griese
Senior Vice President - Insurance Services
Dilshad Simons
Senior Vice President - Products
Richard Beckert
Vice President
Business Overview
TriNet Group, Inc. is a provider of human resources (HR) solutions for small to medium-sized businesses (SMBs). The Company's HR solutions include services, such as multi-state payroll processing and tax administration, employee benefits programs, including health insurance and retirement plans, workers' compensation insurance and claims management, employment and benefit law compliance, and other services. The Company provides an HR technology platform with online and mobile tools that allow its clients and their worksite employees (WSEs) to store, view and manage their HR-related information and conduct a range of HR-related transactions anytime and anywhere. The Company's HR products and solutions include capabilities, such as technology platform, HR expertise, benefits and compliance. The Company's clients are distributed across a range of industries, including technology, life sciences, financial services, property management, retail, manufacturing and hospitality.
Financial Overview
For the fiscal year ended 31 December 2019, TriNet Group Inc revenues increased 10% to $3.86B. Net income increased 10% to $212M. Revenues reflect Insurance service revenues increase of 10% to $3.33B, Professional service revenues increase of 9% to $530M. Net income also reflects Genaral & admin decrease of 9% to $109M (expense), Interest income increase of 92% to $23M (income).
Employees: 2,900 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $2,481M as of Dec 31, 2019
Annual revenue (TTM): $3,856M as of Dec 31, 2019
EBITDA (TTM): $328.00M as of Dec 31, 2019
Net annual income (TTM): $212.00M as of Dec 31, 2019
Free cash flow (TTM): $426.00M as of Dec 31, 2019
Net Debt Last Fiscal Year: $110.00M as of Dec 31, 2019
Shares outstanding: 68,750,437 as of Feb 6, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization