Trinet Group annual debt-to-equity ratio
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2025
Trinet Group Debt-to-Equity Ratio Growth & History (TNET)
Trinet Group's debt-to-equity ratio was 17.44 for fiscal 2025.
View full Trinet Group company overviewTrinet Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 17.44 | 3.72 | +27.10% |
| 2024 | 2024-12-31 | 13.72 | 0.55 | +4.14% |
| 2023 | 2023-12-31 | 13.18 | 12.47 | +1750.38% |
| 2022 | 2022-12-31 | 0.71 | 0.09 | +14.72% |
| 2021 | 2021-12-31 | 0.62 | −0.09 | −12.35% |
| 2020 | 2020-12-31 | 0.71 | −0.25 | −26.21% |
| 2019 | 2019-12-31 | 0.96 | −0.14 | −12.83% |
| 2018 | 2018-12-31 | 1.10 | 0.91 | +467.19% |
| 2017 | 2017-12-31 | 0.19 | −11.88 | −98.39% |
| 2016 | 2016-12-31 | 12.07 | −45.55 | −79.05% |
| 2015 | 2015-12-31 | 57.62 | — | — |
Trinet Group quarterly debt-to-equity ratio
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Q4.17
Q4.18
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Q3.19
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Q4.20
Q1.21
Q2.21
Q3.21
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.60 | −1.23 | −13.95% |
| Q1 2026 | 2026-03-31 | 11.40 | −3.60 | −24.02% |
| Q4 2025 | 2025-12-31 | 17.44 | 3.72 | +27.10% |
| Q3 2025 | 2025-09-30 | 8.57 | 0.53 | +6.54% |
| Q2 2025 | 2025-06-30 | 8.83 | −1.38 | −13.50% |
| Q1 2025 | 2025-03-31 | 15.00 | 7.83 | +109.27% |
| Q4 2024 | 2024-12-31 | 13.72 | 0.55 | +4.14% |
| Q3 2024 | 2024-09-30 | 8.05 | −105.55 | −92.92% |
| Q2 2024 | 2024-06-30 | 10.21 | 9.62 | +1617.31% |
| Q1 2024 | 2024-03-31 | 7.17 | 6.50 | +979.10% |
| Q4 2023 | 2023-12-31 | 13.18 | 12.47 | +1750.38% |
| Q3 2023 | 2023-09-30 | 113.60 | 112.96 | +17516.23% |
| Q2 2023 | 2023-06-30 | 0.59 | −0.13 | −18.26% |
| Q1 2023 | 2023-03-31 | 0.66 | −0.14 | −17.27% |
| Q4 2022 | 2022-12-31 | 0.71 | 0.09 | +14.72% |
| Q3 2022 | 2022-09-30 | 0.64 | −0.03 | −5.15% |
| Q2 2022 | 2022-06-30 | 0.73 | −0.02 | −2.14% |
| Q1 2022 | 2022-03-31 | 0.80 | −0.05 | −5.54% |
| Q4 2021 | 2021-12-31 | 0.62 | −0.09 | −12.35% |
| Q3 2021 | 2021-09-30 | 0.68 | −0.01 | −1.29% |
| Q2 2021 | 2021-06-30 | 0.74 | 0.04 | +5.01% |
| Q1 2021 | 2021-03-31 | 0.85 | −0.43 | −33.48% |
| Q4 2020 | 2020-12-31 | 0.71 | −0.25 | −26.21% |
| Q3 2020 | 2020-09-30 | 0.69 | −0.29 | −29.50% |
| Q2 2020 | 2020-06-30 | 0.71 | −0.37 | −34.45% |
| Q1 2020 | 2020-03-31 | 1.28 | 0.10 | +8.75% |
| Q4 2019 | 2019-12-31 | 0.96 | −0.14 | −12.83% |
| Q3 2019 | 2019-09-30 | 0.98 | — | — |
| Q2 2019 | 2019-06-30 | 1.08 | — | — |
| Q1 2019 | 2019-03-31 | 1.17 | — | — |
| Q4 2018 | 2018-12-31 | 1.10 | 0.91 | +467.19% |
| Q4 2017 | 2017-12-31 | 0.19 | −11.88 | −98.39% |
| Q3 2017 | 2017-09-30 | 3.00 | −11.93 | −79.93% |
| Q2 2017 | 2017-06-30 | 4.42 | −8.95 | −66.97% |
| Q1 2017 | 2017-03-31 | 9.71 | −7.27 | −42.79% |
| Q4 2016 | 2016-12-31 | 12.07 | −45.55 | −79.05% |
| Q3 2016 | 2016-09-30 | 14.93 | — | — |
| Q2 2016 | 2016-06-30 | 13.37 | — | — |
| Q1 2016 | 2016-03-31 | 16.98 | — | — |
| Q4 2015 | 2015-12-31 | 57.62 | — | — |
Trinet Group debt-to-equity ratio trends
Over the last five fiscal years, Trinet Group's debt-to-equity ratio increased from 0.71 to 17.44, a change of 16.74. The latest reported quarter, Q2 2026, shows 7.60.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trinet Group source filings ↗