Kelly Services vs Trinet Group
Trinet Group is the larger business, with $5.01bn of revenue in fiscal 2025 against $4.25bn for Kelly Services (1.2 times as much). Trinet Group grew faster (-0.9% against -1.9%). Trinet Group kept more of each dollar of sales as profit: a net margin of 3.1% against -6.0%.
| Latest fiscal year | Kelly ServicesKELYA, 2025 | Trinet GroupTNET, 2025 |
|---|---|---|
| Revenue | $4.25bn | $5.01bn |
| Revenue growth | -1.9% | -0.9% |
| Net income | −$254m | $155m |
| Operating margin | -1.6% | — |
| Net margin | -6.0% | 3.1% |
| Return on equity | -23.0% | — |
| Free cash flow | $114m | $234m |
| Cash | $33.0m | $287m |
| Total debt | $102m | $895m |
| Debt to equity | 10.4% | — |
| Dividend per share | — | — |
| Dividend yield | 1.9% | 1.7% |
| Share buybacks | — | $183m |
| Employees | 3,600 | — |
| Market value | $576m | $2.94bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 23 (Weak) | 50 (Moderate) |
| Insider trades, 12 months | 7 buys, 3 sales | 1 buys, 12 sales |