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TNET Quote, Financials, Valuation and Earnings

Last price:
$57.83
Seasonality move :
3.61%
Day range:
$57.34 - $58.95
52-week range:
$54.22 - $97.02
Dividend yield:
1.87%
P/E ratio:
21.01x
P/S ratio:
0.56x
P/B ratio:
25.12x
Volume:
203.3K
Avg. volume:
359K
1-year change:
-35.83%
Market cap:
$2.8B
Revenue:
$5.1B
EPS (TTM):
$2.74
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% 7.6% 2.23% 1.18%
 
Cost of Revenues $3.3B $3.7B $3.8B $3.9B $4.2B
Gross Profit $746M $890M $1.1B $1.1B $877M
Gross Profit Margin 18.49% 19.6% 21.6% 22.07% 17.36%
 
R&D Expenses $40M $50M $73M $65M $68M
Selling, General & Admin $338M $378M $483M $496M $521M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $378M $428M $556M $561M $589M
Operating Income $368M $462M $499M $541M $288M
 
Net Interest Expenses $42M $20M $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) $4.06 $5.12 $5.63 $6.58 $3.46
Diluted EPS (Cont. Ops) $4.00 $5.04 $5.55 $6.58 $3.46
Weighted Average Basic Share $67M $66M $63M $57M $50M
Weighted Average Diluted Share $68M $67M $64M $57M $50M
 
EBITDA $415M $521M $588M $662M $418M
EBIT $368M $462M $499M $541M $288M
 
Revenue (Reported) $4B $4.5B $4.9B $5B $5.1B
Operating Income (Reported) $368M $462M $499M $541M $288M
Operating Income (Adjusted) $368M $462M $499M $541M $288M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $1.1B $1.2B $1.2B $1.3B $1.2B
Revenue Growth (YoY) 17.74% 8.1% -1.53% 2.46% -1.6%
 
Cost of Revenues $923M $968M $965M $1B $1B
Gross Profit $225M $273M $257M $210M $200M
Gross Profit Margin 19.6% 22% 21.03% 16.77% 16.23%
 
R&D Expenses $12M $18M $15M $17M $18M
Selling, General & Admin $108M $135M $126M $120M $119M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $120M $153M $141M $137M $135M
Operating Income $105M $120M $116M $73M $65M
 
Net Interest Expenses $5M $22M $10M $15M $13M
EBT. Incl. Unusual Items $103M $103M $124M $58M $50M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $26M $26M $30M $13M $16M
Net Income to Company $77M $77M $94M $44M $34M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $77M $77M $94M $45M $34M
 
Basic EPS (Cont. Ops) $1.17 $1.24 $1.65 $0.90 $0.71
Diluted EPS (Cont. Ops) $1.15 $1.22 $1.62 $0.90 $0.71
Weighted Average Basic Share $66M $62M $57M $50M $48M
Weighted Average Diluted Share $67M $63M $58M $50M $48M
 
EBITDA $118M $146M $147M $104M $96M
EBIT $105M $120M $116M $73M $65M
 
Revenue (Reported) $1.1B $1.2B $1.2B $1.3B $1.2B
Operating Income (Reported) $105M $120M $116M $73M $65M
Operating Income (Adjusted) $105M $120M $116M $73M $65M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $4.4B $4.9B $4.9B $5B $5B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $3.6B $3.8B $3.9B $4.1B $4.2B
Gross Profit $814M $1B $1B $949M $804M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $49M $68M $68M $68M $71M
Selling, General & Admin $371M $447M $507M $487M $515M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $420M $515M $575M $555M $582M
Operating Income $394M $534M $438M $394M $222M
 
Net Interest Expenses $20M $37M $29M $63M $57M
EBT. Incl. Unusual Items $381M $505M $479M $349M $179M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $90M $128M $123M $86M $46M
Net Income to Company $291M $376M $356M $263M $133M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $291M $377M $356M $263M $133M
 
Basic EPS (Cont. Ops) $4.39 $5.90 $5.99 $5.20 $2.75
Diluted EPS (Cont. Ops) $4.33 $5.81 $5.96 $5.17 $2.74
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $456M $611M $535M $518M $351M
EBIT $394M $534M $438M $394M $222M
 
Revenue (Reported) $4.4B $4.9B $4.9B $5B $5B
Operating Income (Reported) $394M $534M $438M $394M $222M
Operating Income (Adjusted) $394M $534M $438M $394M $222M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $3.3B $3.7B $3.7B $3.8B $3.7B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $2.6B $2.8B $2.9B $3.1B $3.1B
Gross Profit $675M $841M $799M $703M $647M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $36M $54M $49M $52M $55M
Selling, General & Admin $275M $344M $368M $359M $352M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $311M $398M $417M $411M $403M
Operating Income $364M $443M $382M $292M $244M
 
Net Interest Expenses $15M $32M $23M $47M $42M
EBT. Incl. Unusual Items $355M $419M $415M $263M $216M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $86M $111M $107M $67M $60M
Net Income to Company $269M $307M $308M $196M $156M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $269M $308M $308M $196M $156M
 
Basic EPS (Cont. Ops) $4.08 $4.86 $5.22 $3.88 $3.21
Diluted EPS (Cont. Ops) $4.02 $4.78 $5.19 $3.86 $3.20
Weighted Average Basic Share $198M $189M $177M $151M $145M
Weighted Average Diluted Share $201M $192M $178M $152M $146M
 
EBITDA $414M $504M $451M $384M $335M
EBIT $364M $443M $382M $292M $244M
 
Revenue (Reported) $3.3B $3.7B $3.7B $3.8B $3.7B
Operating Income (Reported) $364M $443M $382M $292M $244M
Operating Income (Adjusted) $364M $443M $382M $292M $244M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $1.7B $1.9B $1.7B $1.6B $1.8B
Short Term Investments $57M $135M $76M $65M --
Accounts Receivable, Net $264M $339M $394M $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 $121M $55M $41M $34M
Long-Term Investments $348M $334M $304M $301M $145M
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 $397M $536M $537M $1B $934M
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 $1.7B $1.9B $1.7B $1.6B $1.8B
Total Debt $419M $536M $537M $1B $934M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $1.7B $1.4B $1.1B $1.1B $1.4B
Short Term Investments $155M $95M $75M $50M --
Accounts Receivable, Net $313M $372M $425M $526M $10M
Inventory -- -- -- -- --
Prepaid Expenses $73M $63M $75M $64M $53M
Other Current Assets $95M $144M $275M $934M --
Total Current Assets $2.2B $2B $1.9B $2.6B $2.5B
 
Property Plant And Equipment $122M $128M $40M $44M $48M
Long-Term Investments $343M $293M $297M $298M $125M
Goodwill $294M $462M $462M $462M --
Other Intangibles $7M $103M $169M $179M --
Other Long-Term Assets $278M $279M $299M $294M --
Total Assets $3.1B $3.1B $3B $3.7B $3.4B
 
Accounts Payable $70M $122M $109M $82M $89M
Accrued Expenses $555M $413M $458M $566M --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $12M $15M $15M $15M --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $1.6B $1.5B $1.7B $2.4B $2.2B
 
Long-Term Debt $538M $537M $1.1B $1B $933M
Capital Leases -- -- -- -- --
Total Liabilities $2.3B $2.2B $3B $3.6B $3.3B
 
Common Stock $790M $878M $953M $1B $1.1B
Other Common Equity Adj $1M -$5M -$8M $2M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $809M $856M $10M $129M $110M
 
Total Liabilities and Equity $3.1B $3.1B $3B $3.7B $3.4B
Cash and Short Terms $1.7B $1.4B $1.1B $1.1B $1.4B
Total Debt $538M $537M $1.1B $1B $933M
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 $81M $94M $126M $121M $130M
Stock-Based Compensation $43M $50M $62M $59M $65M
Change in Accounts Receivable $32M -$75M -$51M -$3M -$2M
Change in Inventories -- -- -- -$23M $10M
Cash From Operations $546M $218M $562M $539M $279M
 
Capital Expenditures $36M $40M $56M $75M $78M
Cash Acquisitions -- -- $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 -$536M -$540M -$207M
 
Beginning Cash (CF) $1.6B $1.7B $1.5B $1.6B $1.8B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $187M $95M -$201M -$71M $225M
Ending Cash (CF) $1.8B $1.8B $1.3B $1.5B $2B
 
Levered Free Cash Flow $510M $178M $506M $464M $201M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $77M $77M $94M $44M $34M
Depreciation & Amoritzation $20M $35M $51M $31M $32M
Stock-Based Compensation $13M $16M $15M $15M $17M
Change in Accounts Receivable $41M -$52M -$44M -$1M --
Change in Inventories -- -- -- -- --
Cash From Operations $184M -$49M -$110M $84M $72M
 
Capital Expenditures $12M $13M $20M $25M $17M
Cash Acquisitions -- $36M -- -- --
Cash From Investing -$10M -$14M -$26M $22M -$20M
 
Dividends Paid (Ex Special Dividend) -- -- -- $12M $13M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $600M -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock $20M $1M $1B $20M $31M
Other Financing Activities -$4M -$7M -$14M $371M --
Cash From Financing -$33M -$7M -$423M -$152M -$132M
 
Beginning Cash (CF) $1.6B $1.2B $1B $1B $1.4B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $141M -$70M -$559M -$46M -$80M
Ending Cash (CF) $1.7B $1.1B $444M $985M $1.3B
 
Levered Free Cash Flow $172M -$62M -$130M $59M $55M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $291M $376M $356M $263M $133M
Depreciation & Amoritzation $91M $110M $128M $124M $129M
Stock-Based Compensation $49M $59M $59M $69M $60M
Change in Accounts Receivable $68M -$54M -$56M $25M $61M
Change in Inventories -- -- -- -$47M -$16M
Cash From Operations $580M $300M $443M $796M $797M
 
Capital Expenditures $38M $50M $71M $81M $69M
Cash Acquisitions -- $219M $10M -- --
Cash From Investing -$145M -$195M -$78M -$38M $151M
 
Dividends Paid (Ex Special Dividend) -- -- -- $25M $51M
Special Dividend Paid
Long-Term Debt Issued $500M -- $1.1B -- --
Long-Term Debt Repaid -$610M -- -$495M -$25M --
Repurchase of Common Stock $137M $383M $1.2B $168M $150M
Other Financing Activities -$29M -$28M $33M -$28M --
Cash From Financing -$275M -$390M -$667M -$724M -$550M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $160M -$285M -$303M $34M $398M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $542M $250M $372M $715M $728M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $269M $307M $308M $196M $156M
Depreciation & Amoritzation $71M $87M $89M $92M $91M
Stock-Based Compensation $37M $46M $43M $53M $48M
Change in Accounts Receivable -$49M -$28M -$33M -$5M $1M
Change in Inventories -- -- -- $9M $1M
Cash From Operations -$6M $76M -$43M $214M $242M
 
Capital Expenditures $29M $39M $54M $60M $51M
Cash Acquisitions -- $219M -- -- --
Cash From Investing -$145M -$205M -$57M -$25M -$27M
 
Dividends Paid (Ex Special Dividend) -- -- -- $25M $39M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $500M -- $1.1B -- --
Long-Term Debt Repaid -$370M -- -$495M -$25M --
Repurchase of Common Stock $94M $383M $1.1B $155M $122M
Other Financing Activities -$22M -$15M -$23M -$18M -$318M
Cash From Financing $10M -$392M -$523M -$707M -$560M
 
Beginning Cash (CF) $4.6B $3.8B $4.1B $3.5B $4.3B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$141M -$521M -$623M -$518M -$345M
Ending Cash (CF) $4.4B $3.3B $3.4B $2.9B $4B
 
Levered Free Cash Flow -$35M $37M -$97M $154M $191M

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