Trinet price to free cash flow TNET

Market value divided by free cash flow over the last twelve months, since 2015.

Today, Oct 23, 2026: 12.1×
10-year median: 14.0×
Against its 10-year history: 42nd; percentile: 0 is its lowest day, 100 its highest
10-year range: 3.7× to 36.6×
Peer median: 11.5×

Trinet's price to free cash flow is 12.1× as of Oct 23, 2026.

That is below its ten-year median of 14.0×, close to the middle of its last ten years.

Over that time it ranged from 3.7× in Nov 2025 to 36.6× in Apr 2022.

The median for 10 credit services stocks of a similar size is 11.5×.

Price to free cash flow over time

median 14×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.1×	3.7×	12.1×
2025	3.9×	3.7×	20.1×
2024	19.4×	11.7×	35.1×
2023	16.1×	9.1×	30.4×
2022	16.2×	7.8×	36.6×
2021	11.8×	7.5×	14.6×
2020	8.9×	5.4×	35.1×
2019	33.8×	17.3×	33.8×
2018	16.9×	15.0×	16.9×
2017	16.7×	14.2×	25.3×
2016	24.3×	6.3×	24.9×
2015	9.6×	8.9×	19.8×

Against its peers

Companies in Financial - Credit Services nearest Trinet's size, closest first, today.

Company	Price to free cash flow
TNETTrinet	12.1×
SLMSLM	n/m
MMSMaximus	7.6×
BFHBread Financial	n/m
ENVAEnova International	2.0×
CBZCBIZ	10.9×
PAYPaymentus	26.4×
NNINelnet	12.0×
SEZLSezzle	13.6×
DAVEDave	13.9×
EEFTEuronet Worldwide	9.1×
Peer median	11.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Trinet

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.