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TNET Quote, Financials, Valuation and Earnings

Last price:
$79.06
Seasonality move :
0.49%
Day range:
$78.22 - $82.01
52-week range:
$65.43 - $116.26
Dividend yield:
1.3%
P/E ratio:
23.60x
P/S ratio:
0.78x
P/B ratio:
60.56x
Volume:
363.7K
Avg. volume:
281.2K
1-year change:
-25%
Market cap:
$3.8B
Revenue:
$5.1B
EPS (TTM):
$3.34
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $4B $4.5B $4.9B $5B $5.1B
Revenue Growth (YoY) 4.62% 12.54% 8.08% 1.77% 1.18%
 
Cost of Revenues $3.2B $3.6B $3.8B $3.8B $4.1B
Gross Profit $793M $937M $1.1B $1.2B $952M
Gross Profit Margin 19.66% 20.64% 23.25% 23.51% 18.84%
 
R&D Expenses $40M $50M $73M $65M $68M
Selling, General & Admin $338M $378M $483M $496M $521M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $425M $482M $620M $633M $664M
Operating Income $368M $455M $521M $541M $288M
 
Net Interest Expenses $11M $14M $39M $40M $62M
EBT. Incl. Unusual Items $357M $441M $482M $501M $226M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $85M $103M $127M $126M $53M
Net Income to Company $272M $338M $355M $375M $173M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $272M $338M $355M $375M $173M
 
Basic EPS (Cont. Ops) $4.03 $5.13 $5.66 $6.61 $3.47
Diluted EPS (Cont. Ops) $3.99 $5.07 $5.61 $6.56 $3.43
Weighted Average Basic Share $67M $66M $63M $57M $50M
Weighted Average Diluted Share $68M $67M $64M $57M $50M
 
EBITDA $460M $555M $610M $622M $374M
EBIT $378M $461M $521M $541M $288M
 
Revenue (Reported) $4B $4.5B $4.9B $5B $5.1B
Operating Income (Reported) $368M $455M $521M $541M $288M
Operating Income (Adjusted) $378M $461M $521M $541M $288M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $1.1B $1.2B $1.2B $1.3B $1.3B
Revenue Growth (YoY) 1.15% 14.91% 2.3% 2.89% 0.78%
 
Cost of Revenues $815M $893M $930M $986M $1B
Gross Profit $245M $325M $316M $296M $279M
Gross Profit Margin 23.11% 26.68% 25.36% 23.09% 21.59%
 
R&D Expenses $13M $16M $17M $18M $20M
Selling, General & Admin $82M $92M $112M $120M $113M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $107M $121M $147M $156M $150M
Operating Income $138M $204M $169M $140M $129M
 
Net Interest Expenses $3M $4M -- $16M $14M
EBT. Incl. Unusual Items $135M $200M $180M $124M $115M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $34M $54M $49M $33M $30M
Net Income to Company $101M $146M $131M $91M $85M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $101M $146M $131M $91M $85M
 
Basic EPS (Cont. Ops) $1.53 $2.23 $2.18 $1.80 $1.72
Diluted EPS (Cont. Ops) $1.51 $2.21 $2.17 $1.78 $1.71
Weighted Average Basic Share $66M $65M $60M $51M $49M
Weighted Average Diluted Share $67M $66M $60M $51M $49M
 
EBITDA $162M $229M $207M $160M $148M
EBIT $140M $205M $187M $140M $129M
 
Revenue (Reported) $1.1B $1.2B $1.2B $1.3B $1.3B
Operating Income (Reported) $138M $204M $169M $140M $129M
Operating Income (Adjusted) $140M $205M $187M $140M $129M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $4B $4.7B $4.9B $5B $5.1B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $3.2B $3.7B $3.8B $3.9B $4.1B
Gross Profit $819M $1B $1.1B $1.2B $953M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $44M $53M $74M $66M $70M
Selling, General & Admin $341M $388M $503M $504M $515M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $433M $496M $646M $642M $659M
Operating Income $386M $521M $486M $512M $294M
 
Net Interest Expenses $15M $15M $23M $68M $77M
EBT. Incl. Unusual Items $371M $506M $463M $444M $217M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $89M $123M $122M $109M $50M
Net Income to Company $282M $383M $340M $335M $167M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $282M $383M $341M $335M $167M
 
Basic EPS (Cont. Ops) $4.23 $5.83 $5.56 $6.18 $3.37
Diluted EPS (Cont. Ops) $4.18 $5.77 $5.52 $6.10 $3.34
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $478M $622M $593M $574M $362M
EBIT $393M $526M $503M $493M $277M
 
Revenue (Reported) $4B $4.7B $4.9B $5B $5.1B
Operating Income (Reported) $386M $521M $486M $512M $294M
Operating Income (Adjusted) $393M $526M $503M $493M $277M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $1.1B $1.2B $1.2B $1.3B $1.3B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $815M $893M $930M $986M $1B
Gross Profit $245M $325M $316M $296M $279M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $13M $16M $17M $18M $20M
Selling, General & Admin $82M $92M $112M $120M $113M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $107M $121M $147M $156M $150M
Operating Income $138M $204M $169M $140M $129M
 
Net Interest Expenses $3M $4M -- $16M $14M
EBT. Incl. Unusual Items $135M $200M $180M $124M $115M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $34M $54M $49M $33M $30M
Net Income to Company $101M $146M $131M $91M $85M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $101M $146M $131M $91M $85M
 
Basic EPS (Cont. Ops) $1.53 $2.23 $2.18 $1.80 $1.72
Diluted EPS (Cont. Ops) $1.51 $2.21 $2.17 $1.78 $1.71
Weighted Average Basic Share $66M $65M $60M $51M $49M
Weighted Average Diluted Share $67M $66M $60M $51M $49M
 
EBITDA $162M $229M $207M $160M $148M
EBIT $140M $205M $187M $140M $129M
 
Revenue (Reported) $1.1B $1.2B $1.2B $1.3B $1.3B
Operating Income (Reported) $138M $204M $169M $140M $129M
Operating Income (Adjusted) $140M $205M $187M $140M $129M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $301M $612M $354M $287M $360M
Short Term Investments $57M $135M $76M $65M --
Accounts Receivable, Net $18M $15M $19M $18M $32M
Inventory -- -- -- -- --
Prepaid Expenses $63M $67M $71M $67M $64M
Other Current Assets $87M $91M $168M $425M $962M
Total Current Assets $2.2B $2.4B $2.3B $2.6B $3.2B
 
Property Plant And Equipment $130M $66M $55M $41M $34M
Long-Term Investments $138M $168M $151M $143M --
Goodwill $294M $294M $462M $462M $461M
Other Intangibles $18M $61M $163M $172M $156M
Other Long-Term Assets $303M $281M $286M $297M $288M
Total Assets $3B $3.3B $3.4B $3.7B $4.1B
 
Accounts Payable $50M $86M $98M $87M $89M
Accrued Expenses $309M $369M $437M $515M $580M
Current Portion Of Long-Term Debt $22M -- -- -- --
Current Portion Of Capital Lease Obligations $11M $11M $15M $14M $13M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $1.9B $1.7B $2B $2.5B $3B
 
Long-Term Debt $348M $495M $496M $984M $908M
Capital Leases -- -- -- -- --
Total Liabilities $2.4B $2.4B $2.7B $3.6B $4.1B
 
Common Stock $747M $808M $899M $976M $1.1B
Other Common Equity Adj $4M -$1M -$5M -$2M -$3M
Common Equity $607M $881M $775M $78M $69M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $607M $881M $775M $78M $69M
 
Total Liabilities and Equity $3B $3.3B $3.4B $3.7B $4.1B
Cash and Short Terms $358M $747M $430M $352M $360M
Total Debt $370M $495M $496M $1.1B $983M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $500M $235M $707M $298M $349M
Short Term Investments $71M $154M $89M $85M --
Accounts Receivable, Net $5M $10M $15M $11M $21M
Inventory -- -- -- -- --
Prepaid Expenses $58M $55M $85M $79M $60M
Other Current Assets $105M $106M $346M $841M $925M
Total Current Assets $2.2B $2.1B $2.6B $2.8B $2.9B
 
Property Plant And Equipment $126M $130M $60M $37M $31M
Long-Term Investments $130M $165M $142M $161M --
Goodwill $294M $433M $462M $462M $461M
Other Intangibles $17M $100M $155M $174M $146M
Other Long-Term Assets $278M $283M $288M $294M $280M
Total Assets $3B $3.2B $3.7B $4B $3.8B
 
Accounts Payable $84M $118M $130M $122M $82M
Accrued Expenses $488M $561M $416M $537M $544M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $12M $15M $16M $14M $12M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $1.6B $1.8B $2.2B $2.7B $2.6B
 
Long-Term Debt $494M $495M $496M $984M $909M
Capital Leases -- -- -- -- --
Total Liabilities $2.4B $2.5B $2.9B $3.8B $3.7B
 
Common Stock $758M $837M $910M $996M $1.1B
Other Common Equity Adj $3M -$9M -$2M -$5M -$1M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $653M $695M $825M $143M $63M
 
Total Liabilities and Equity $3B $3.2B $3.7B $4B $3.8B
Cash and Short Terms $571M $389M $796M $383M $349M
Total Debt $494M $495M $791M $1.1B $983M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $272M $338M $355M $375M $173M
Depreciation & Amoritzation $82M $94M $89M $81M $86M
Stock-Based Compensation $43M $50M $62M $59M $65M
Change in Accounts Receivable $32M -$75M $4M -$3M -$2M
Change in Inventories -- -- -- -- --
Cash From Operations $546M $218M $497M $539M $279M
 
Capital Expenditures $36M $40M $56M $75M $78M
Cash Acquisitions -$12M -- -$229M -- --
Cash From Investing -$151M -$135M -$226M -$70M $153M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- -$37M
Special Dividend Paid
Long-Term Debt Issued $234M $500M -- $1.1B --
Long-Term Debt Repaid -$256M -$370M -- -$495M -$110M
Repurchase of Common Stock -$178M -$94M -$523M -$1.1B -$183M
Other Financing Activities -$18M -$35M $41M -$33M $111M
Cash From Financing -$208M $12M -$471M -$540M -$207M
 
Beginning Cash (CF) $1.5B $1.6B $1.7B $1.5B $1.5B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $187M $95M -$200M -$71M $225M
Ending Cash (CF) $1.6B $1.7B $1.5B $1.5B $1.7B
 
Levered Free Cash Flow $510M $178M $441M $464M $201M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $101M $146M $131M $91M $85M
Depreciation & Amoritzation $22M $24M $20M $20M $19M
Stock-Based Compensation $11M $12M $11M $20M $13M
Change in Accounts Receivable -$81M $15M $8M -$1M $1M
Change in Inventories -- -- -- -- --
Cash From Operations -$175M $214M -$77M $91M $95M
 
Capital Expenditures $5M $11M $17M $18M $16M
Cash Acquisitions -- -$183M -- -- $1M
Cash From Investing -$3M -$213M -$23M -$47M -$8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- -$12M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $500M -- $495M -- --
Long-Term Debt Repaid -$370M -- -$200M -- --
Repurchase of Common Stock -$60M -$350M -$91M -$23M -$90M
Other Financing Activities -$14M -$3M -$4M -$220M -$392M
Cash From Financing $56M -$353M $200M -$243M -$494M
 
Beginning Cash (CF) $1.6B $1.7B $1.5B $1.5B $1.7B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$122M -$352M $100M -$199M -$407M
Ending Cash (CF) $1.5B $1.4B $1.6B $1.3B $1.3B
 
Levered Free Cash Flow -$180M $203M -$94M $73M $79M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $282M $383M $340M $335M $167M
Depreciation & Amoritzation $85M $96M $85M $81M $85M
Stock-Based Compensation $45M $51M $61M $68M $58M
Change in Accounts Receivable $46M $21M -$3M -$12M --
Change in Inventories -- -- -- -- --
Cash From Operations $653M $607M $206M $707M $283M
 
Capital Expenditures $35M $46M $62M $76M $76M
Cash Acquisitions -- -$183M -$46M -- $1M
Cash From Investing -$60M -$345M -$36M -$94M $192M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- -$49M
Special Dividend Paid
Long-Term Debt Issued $500M -- $495M $600M --
Long-Term Debt Repaid -$620M -- -$200M -$295M --
Repurchase of Common Stock -$198M -$384M -$264M -$1.1B -$250M
Other Financing Activities -$29M -$24M $40M -$249M -$61M
Cash From Financing -$337M -$397M $82M -$983M -$458M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $256M -$135M $252M -$370M $17M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $618M $561M $144M $631M $207M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $101M $146M $131M $91M $85M
Depreciation & Amoritzation $22M $24M $20M $20M $19M
Stock-Based Compensation $11M $12M $11M $20M $13M
Change in Accounts Receivable -$81M $15M $8M -$1M $1M
Change in Inventories -- -- -- -- --
Cash From Operations -$175M $214M -$77M $91M $95M
 
Capital Expenditures $5M $11M $17M $18M $16M
Cash Acquisitions -- -$183M -- -- $1M
Cash From Investing -$3M -$213M -$23M -$47M -$8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- -$12M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $500M -- $495M -- --
Long-Term Debt Repaid -$370M -- -$200M -- --
Repurchase of Common Stock -$60M -$350M -$91M -$23M -$90M
Other Financing Activities -$14M -$3M -$4M -$220M -$392M
Cash From Financing $56M -$353M $200M -$243M -$494M
 
Beginning Cash (CF) $1.6B $1.7B $1.5B $1.5B $1.7B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$122M -$352M $100M -$199M -$407M
Ending Cash (CF) $1.5B $1.4B $1.6B $1.3B $1.3B
 
Levered Free Cash Flow -$180M $203M -$94M $73M $79M

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