NYSE$TNET
TriNet Group Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Announced fourth quarter and fiscal year 2023 results, and dividend initiation.
TriNet Group, Inc. reported a 2% increase in total revenues to $1.2 billion for the fourth quarter of 2023. Net income was $67 million, or $1.31 per diluted share, compared to net income of $49 million, or $0.78 per diluted share, in the same period last year.
- Total revenues increased 2% to $1.2 billion compared to the same period last year.
- Net income was $67 million, or $1.31 per diluted share.
- Adjusted Net Income was $82 million, or $1.60 per diluted share.
- Average Worksite Employees (WSEs) decreased 3% as compared to the same period last year and increased 1% as compared to the previous quarter, to approximately 338,000.
Headline financials
Revenue & EPS history
TriNet · Revenue · Quarterly
$1.25B
Revenue by segment
TriNet · $1.04B total across 1 segment · Q3 2023
- Insurance Service Revenues$1.04B-1.4%100.0%
Forward guidance
TriNet provided first quarter and full-year 2024 guidance. Percentages reflect the increase or (decrease) from the prior year quarter and prior year end.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
+0.7%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+3.1%
Avg return
30 days after
50%
27 / 54 earnings
Positive
+25.2%
Q4 2018
Best reaction
-39.2%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.3% | -1.1% | +6.7% | |
| Q4 2025 | -10.8% | -7.7% | -19.6% | |
| Q3 2025 | -2.7% | -4.4% | -6.6% | |
| Q2 2025 | -1.6% | -0.4% | +2.9% | |
| Q1 2025 | -0.4% | +1.0% | +4.6% | |
| Q4 2024 | -14.8% | -21.7% | -18.6% | |
| Q3 2024 | -9.8% | -6.5% | +1.5% | |
| Q2 2024 | -4.6% | -4.2% | -5.7% | |
| Q1 2024 | -18.5% | -19.7% | -15.2% | |
| Q4 2023 | +12.4% | +8.9% | +11.0% | |
| Q3 2023 | -2.6% | -8.9% | -0.1% | |
| Q2 2023 | +4.6% | +9.0% | +9.9% | |
| Q1 2023 | +10.9% | +12.5% | +9.5% | |
| Q4 2022 | +11.7% | +15.5% | -2.7% | |
| Q3 2022 | -11.6% | -12.1% | -5.0% | |
| Q2 2022 | +0.8% | +2.0% | +7.1% | |
| Q1 2022 | -1.5% | -4.2% | -16.1% | |
| Q4 2021 | +2.6% | +3.6% | +7.2% | |
| Q3 2021 | +1.6% | +4.4% | +9.9% | |
| Q2 2021 | +7.6% | +13.2% | +24.7% | |
| Q1 2021 | -9.3% | -8.2% | -9.6% | |
| Q4 2020 | -7.0% | -5.3% | -4.2% | |
| Q3 2020 | -3.1% | -4.6% | +6.4% | |
| Q2 2020 | +13.6% | +6.7% | +9.9% | |
| Q1 2020 | +19.2% | +6.1% | +20.1% | |
| Q4 2019 | +19.5% | +14.7% | -7.8% | |
| Q3 2019 | -13.1% | -14.3% | -6.2% | |
| Q2 2019 | +6.1% | +0.7% | -10.3% | |
| Q1 2019 | +1.2% | +5.5% | +1.7% | |
| Q4 2018 | +25.2% | +26.2% | +26.7% | |
| Q3 2018 | +3.7% | +2.6% | -0.5% | |
| Q2 2018 | -5.4% | -5.0% | +3.1% | |
| Q1 2018 | +1.9% | +0.8% | +5.0% | |
| Q4 2017 | +12.5% | +11.8% | +10.5% | |
| Q3 2017 | +20.5% | +20.4% | +28.9% | |
| Q2 2017 | +19.6% | +17.6% | +4.8% | |
| Q1 2017 | +10.5% | +7.2% | +7.2% | |
| Q4 2016 | +5.6% | +5.2% | +5.4% | |
| Q3 2016 | +8.0% | +5.4% | +31.7% | |
| Q2 2016 | -3.6% | -3.1% | -3.2% | |
| Q1 2016 | +9.6% | — | — | |
| Q4 2015 | -8.2% | — | — | |
| Q3 2015 | -4.6% | — | — | |
| Q2 2015 | -39.2% | — | — | |
| Q1 2015 | -21.1% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q4 2014 | -7.7% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q3 2014 | -0.6% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q2 2014 | +11.3% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2013 | -1.3% | — | — | |
| Q1 2014 | -1.3% | — | — |
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