TriNet Group Overview

  • Year Founded
  • 1988

Year Founded

  • Status
  • Public

  • Employees
  • 4,500


  • Stock Symbol
  • TNET

Stock Symbol

  • Investments
  • 17

  • Share Price
  • $129.50
  • (As of Thursday Closing)

TriNet Group General Information


TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.

Contact Information

Formerly Known As
Trinet Employer Group Inc
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Human Capital Services
Other Industries
Consulting Services (B2B)
Stock Exchange
Corporate Office
  • One Park Place
  • Suite 600
  • Dublin, CA 94568
  • United States
+1 (510) 000-0000

TriNet Group Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth

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TriNet Group Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$129.50 $129.12 $79.00 - $134.67 $6.41B 50.6M 226K $6.61

TriNet Group Financials Summary

In Thousands,
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 6,897,950 6,897,950 4,119,469 6,133,319
Revenue 4,922,000 4,922,000 4,885,000 4,540,000
EBITDA 550,000 550,000 588,000 549,000
Net Income 375,000 375,000 355,000 338,000
Total Assets 3,693,000 3,693,000 3,443,000 3,309,000
Total Debt 1,137,000 1,137,000 552,000 547,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

TriNet Group Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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TriNet Group Comparisons

HQ Location
Total Raised
Post Valuation
TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professio
Human Capital Services
Dublin, CA
4,500 As of 2023
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Rochester, NY
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Vancouver, WA
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TriNet Group Competitors (28)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Paychex Corporation Rochester, NY 00000 00.00 00000000 00.00
Barrett Business Services Corporation Vancouver, WA 000000 00000000
Insperity Formerly PE-Backed Houston, TX 0000 00000 000000 - 000 00000
Automatic Data Processing Corporation Roseland, NJ 00000 000 000000000000 000
Paycor HCM Private Equity-Backed Cincinnati, OH 0000 00000 00000000000 00000
You’re viewing 5 of 28 competitors. Get the full list »

TriNet Group Executive Team (111)

Name Title Board Seat Contact Info
Michael Simonds President, Chief Executive Officer & Board Member
Kelly Tuminelli Executive Vice President and Chief Financial Officer
Jeff Hayward Chief Technology Officer
Michael Mendenhall Chief Marketing Officer, Chief Communications Officer & Senior Vice President
Catherine Wragg Chief People Officer & Senior Vice President
You’re viewing 5 of 111 executive team members. Get the full list »

TriNet Group Board Members (16)

Name Representing Role Since
000000 000000000 TriNet Group Board Member 000 0000
00000 0000000 General Atlantic Chair of the Board and Member, Nominating and Corporate Governance Committee 000 0000
0. 0000000 00.0 Self Board Member 000 0000
0000000000 0000000 Self Board Member, Member of the Compensation Committee and and Human Capital Management Committee, Member, Risk Committee, and Member, Finance and Audit Committee 000 0000
00000 000000000-00 Self Board Member, Chair of the Risk Committee and Member of the Nominating and Corporate Governance Committee 000 0000
You’re viewing 5 of 16 board members. Get the full list »

TriNet Group Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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TriNet Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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TriNet Group Investments & Acquisitions (17)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Healthee 04-Mar-2024 00000 0000 0000 Other Healthcare Technology Systems
Clarus R+D 01-Sep-2022 0000000000 0000 Financial Software 000000 00
Zenefits 15-Feb-2022 0000000000 00000 Business/Productivity Software 000000 00
Little Bird HR 27-Jul-2020 0000000000 Business/Productivity Software 000000 00
Teleborder 07-Apr-2016 Merger/Acquisition Human Capital Services 00000 000
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

TriNet Group Subsidiaries (2)

Company Name Industry Location Founded
Clarus R+D Financial Software Columbus, OH 2016
Zenefits Business/Productivity Software San Francisco, CA 0000
To view TriNet Group’s complete subsidiaries history, request access »

TriNet Group ESG

Risk Overview

Risk Rating

Updated May, 24, 2023

9.38 | Negl Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,173




Commercial Services


00 of 481




HR Services


0. of 63




To view TriNet Group’s complete esg history, request access »

TriNet Group Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Accolo 18-Aug-2000 00000 00000 00 00000 Completed
  • 2 buyers
To view TriNet Group’s complete exits history, request access »

TriNet Group FAQs

  • When was TriNet Group founded?

    TriNet Group was founded in 1988.

  • Who is the CEO of TriNet Group?

    Michael Simonds is the CEO of TriNet Group.

  • Where is TriNet Group headquartered?

    TriNet Group is headquartered in Dublin, CA.

  • What is the size of TriNet Group?

    TriNet Group has 4,500 total employees.

  • What industry is TriNet Group in?

    TriNet Group’s primary industry is Human Capital Services.

  • Is TriNet Group a private or public company?

    TriNet Group is a Public company.

  • What is TriNet Group’s stock symbol?

    The ticker symbol for TriNet Group is TNET.

  • What is the current stock price of TriNet Group?

    As of 18-Apr-2024 the stock price of TriNet Group is $129.50.

  • What is the current market cap of TriNet Group?

    The current market capitalization of TriNet Group is $6.41B.

  • What is TriNet Group’s current revenue?

    The trailing twelve month revenue for TriNet Group is $4.92B.

  • Who are TriNet Group’s competitors?

    Paychex, Barrett Business Services, Insperity, Automatic Data Processing, and Paycor HCM are some of the 28 competitors of TriNet Group.

  • What is TriNet Group’s annual earnings per share (EPS)?

    TriNet Group’s EPS for 12 months was $6.61.

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