Trinet

Hr solutions to small to mid-sized businesses so you can focus on what your company does best.

Launch date

1988

Employees

1001-5000 people

Market cap

Enterprise valuation

CAD7.8b (Public information from Sep 2024)

San Leandro California (HQ)

http://trinet.com

https://twitter.com/trinet https://www.facebook.com/trinethr https://www.linkedin.com/company/trinet/https://apps.apple.com/app/id589217167 https://play.google.com/store/apps/details?id=com.trinet.hrpmobile

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	4.0b	4.5b	4.9b	4.9b	1.3b	1.3b	1.4b
% growth	5 %	13 %	8 %	1 %	(74 %)	5 %	7 %
EBITDA	459m	555m	647m	622m	517m	545m	556m
% EBITDA margin	11 %	12 %	13 %	13 %	41 %	41 %	39 %
Profit	272m	338m	355m	375m	235m	272m	296m
% profit margin	7 %	7 %	7 %	8 %	19 %	21 %	21 %
EV / revenue	1.4x	1.3x	0.8x	1.4x	4.5x	4.1x	3.6x
EV / EBITDA	11.8x	10.8x	6.4x	10.8x	11.0x	9.9x	9.0x
R&D budget	40.0m	50.0m	73.0m	65.0m	-	-	-
R&D % of revenue	1 %	1 %	1 %	1 %	-	-	-

Date	Investors	Amount	Round
Aug 2004*	Saratoga Partners	N/A	Debt
Jun 2005	General Atlantic	N/A	Growth Equity VC
Apr 2014	N/A	N/A	IPO
Dec 2016*	Atairos	$440m Valuation: $440m	Acquisition
Aug 2023*	N/A	$400m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Trinet Dec 2021

ACQUISITION by Trinet May 2012

ACQUISITION by Trinet Apr 2016

ACQUISITION by Trinet Sep 2022