Fundamentals Hub
▼ FY 2025 Summary Analysis
Annual report ending Dec 31, 2025Overview and Growth
TRINET GROUP, INC. generated $5.01B of revenue in fiscal 2025, with net income of $155.00M and an operating cash inflow of $303.00M. Revenue of $5.01B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 0.9% below fiscal 2024 revenue of $5.05B, marking a top-line contraction. The company reported diluted EPS of $3.20, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 6.7% decrease from fiscal 2024 diluted EPS of $3.43. The company employed $3.80B of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 1.32x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.Profitability
Net income came to $155.00M, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 3.1% of revenue, connecting the absolute net income figure with the company’s top-line scale. Before income taxes, the company reported $217.00M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 4.3%, adding a pre-tax profitability layer between revenue and net income. Income tax expense totaled $62.00M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 28.6%, without assuming a statutory-rate comparison. Return on period-end equity was 287.0%, relating annual net income to the equity capital on the balance sheet. Return on period-end assets was 4.1%, connecting net income with the company’s total asset base.Liquidity and Capital Structure
The company held $3.80B of assets against $3.74B of liabilities and $54.00M of equity, revealing how the asset base was financed. Current assets were $2.87B against $2.64B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 1.09x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $287.00M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 10.9%, excluding receivables and other current assets. Total debt was $895.00M, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 16.57x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 23.6%, comparing borrowing with the total asset balance. Liabilities represented 98.6% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 7.6%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 7.8% from $4.12B in fiscal 2024, leaving current total assets lower year over year. Against $69.00M of equity in fiscal 2024, the current book-equity balance moved 21.7% and ended lower.Cash Flow and Earnings Quality
Operating activities produced a cash inflow of $303.00M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 1.95x, comparing cash generated by operations with the bottom-line earnings result. Capital spending was $69.00M, absorbing part of the cash generated from operations before free cash flow. Relative to operating cash flow, capital expenditures measured 22.8%, connecting investment intensity with the company’s cash-generation base. Free cash flow came to $234.00M, leaving a positive amount after capital expenditures. Free cash flow represented 4.7% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 6.2% of total assets, relating post-investment cash generation to the company’s resource base.
Based on the annual report for the fiscal year ending Dec 31, 2025.
Analysis generated .