Company / Operating Margin
TRINET GROUP, INC. Operating Margin History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
9.4%
FY2023
5-year range
9.4% / 10.2%
FY2019-FY2023
Trend
-7.7%
vs FY2022
Sector context
#148 of 304
Industrials
What the data says
At 9.4%, TRINET GROUP, INC.'s operating margin ranks #148 of 304 in the Industrials sector. Operating Margin has fluctuated over the past 8 years, ranging from 4.0% in FY2016 to 26.9% in FY2017.
Based on SEC 10-K filings.
9.4% in FY2023 with a 5-year CAGR of +2.2%.
Declined from 10.0% to 9.4% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +0.3pp
- 5-Year Change
- +2.2pp
- 10-Year Change
- -
Sector benchmark
#148 of 304 in IndustrialsTop 49% of 304This company 9.4% Sector average -842.8%
▼
+101.1% above sector average
Key checks
Key Insights
- In FY2023, operating margin decreased 7.7% year-over-year.
- Currently 852.2pp above the Industrials sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.13 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 9.4% | -7.7% |
| FY2022 | 10.2% | +1.5% |
| FY2021 | 10.0% | +9.9% |
| FY2020 | 9.1% | +31.2% |
| FY2019 | 7.0% | -3.1% |
| FY2018 | 7.2% | -73.3% |
| FY2017 | 26.9% | +563.2% |
| FY2016 | 4.0% | +38.2% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026