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Side-by-side financial comparison of OLIN Corp (OLN) and TRINET GROUP, INC. (TNET). Click either name above to swap in a different company.

OLIN Corp is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.3× TRINET GROUP, INC.). On growth, OLIN Corp posted the faster year-over-year revenue change (-0.4% vs -2.2%). Over the past eight quarters, OLIN Corp's revenue compounded faster (0.9% CAGR vs -0.6%).

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.

TriNet Group, Inc. is a professional employer organization for small and medium-sized businesses. TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department. TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees.

OLN vs TNET — Head-to-Head

Bigger by revenue
OLN
OLN
1.3× larger
OLN
$1.7B
$1.2B
TNET
Growing faster (revenue YoY)
OLN
OLN
+1.8% gap
OLN
-0.4%
-2.2%
TNET
Faster 2-yr revenue CAGR
OLN
OLN
Annualised
OLN
0.9%
-0.6%
TNET

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OLN
OLN
TNET
TNET
Revenue
$1.7B
$1.2B
Net Profit
$-143.2M
Gross Margin
1.9%
Operating Margin
-9.4%
0.1%
Net Margin
-8.6%
Revenue YoY
-0.4%
-2.2%
Net Profit YoY
-1517.8%
EPS (diluted)
$-1.25
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OLN
OLN
TNET
TNET
Q4 25
$1.7B
$1.2B
Q3 25
$1.7B
$1.2B
Q2 25
$1.8B
$1.2B
Q1 25
$1.6B
$1.3B
Q4 24
$1.7B
$1.3B
Q3 24
$1.6B
$1.2B
Q2 24
$1.6B
$1.2B
Q1 24
$1.6B
$1.3B
Net Profit
OLN
OLN
TNET
TNET
Q4 25
$-143.2M
Q3 25
$43.7M
$34.0M
Q2 25
$-2.8M
$37.0M
Q1 25
$1.2M
$85.0M
Q4 24
$10.1M
Q3 24
$-25.2M
$45.0M
Q2 24
$72.3M
$60.0M
Q1 24
$47.8M
$91.0M
Gross Margin
OLN
OLN
TNET
TNET
Q4 25
1.9%
Q3 25
10.7%
Q2 25
7.9%
Q1 25
9.0%
Q4 24
9.4%
Q3 24
8.5%
Q2 24
14.5%
Q1 24
12.7%
Operating Margin
OLN
OLN
TNET
TNET
Q4 25
-9.4%
0.1%
Q3 25
4.8%
4.1%
Q2 25
2.0%
4.1%
Q1 25
2.7%
8.9%
Q4 24
2.8%
-2.9%
Q3 24
1.0%
4.7%
Q2 24
8.3%
6.5%
Q1 24
5.9%
9.7%
Net Margin
OLN
OLN
TNET
TNET
Q4 25
-8.6%
Q3 25
2.6%
2.8%
Q2 25
-0.2%
3.0%
Q1 25
0.1%
6.6%
Q4 24
0.6%
Q3 24
-1.6%
3.6%
Q2 24
4.4%
4.9%
Q1 24
2.9%
7.2%
EPS (diluted)
OLN
OLN
TNET
TNET
Q4 25
$-1.25
$0.02
Q3 25
$0.37
$0.70
Q2 25
$-0.01
$0.77
Q1 25
$0.01
$1.71
Q4 24
$0.10
$-0.44
Q3 24
$-0.21
$0.89
Q2 24
$0.62
$1.20
Q1 24
$0.40
$1.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OLN
OLN
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$167.6M
$287.0M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$1.8B
$54.0M
Total Assets
$7.3B
$3.8B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLN
OLN
TNET
TNET
Q4 25
$167.6M
$287.0M
Q3 25
$321.0M
Q2 25
$407.0M
Q1 25
$349.0M
Q4 24
$175.6M
$360.0M
Q3 24
$301.0M
Q2 24
$249.0M
Q1 24
$383.0M
Total Debt
OLN
OLN
TNET
TNET
Q4 25
$2.8B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.7B
Stockholders' Equity
OLN
OLN
TNET
TNET
Q4 25
$1.8B
$54.0M
Q3 25
$2.0B
$110.0M
Q2 25
$2.0B
$107.0M
Q1 25
$2.0B
$63.0M
Q4 24
$2.0B
$69.0M
Q3 24
$2.1B
$129.0M
Q2 24
$2.1B
$100.0M
Q1 24
$2.2B
$143.0M
Total Assets
OLN
OLN
TNET
TNET
Q4 25
$7.3B
$3.8B
Q3 25
$7.6B
$3.4B
Q2 25
$7.7B
$3.7B
Q1 25
$7.7B
$3.8B
Q4 24
$7.6B
$4.1B
Q3 24
$7.5B
$3.7B
Q2 24
$7.7B
$3.7B
Q1 24
$7.6B
$4.0B
Debt / Equity
OLN
OLN
TNET
TNET
Q4 25
1.55×
Q3 25
1.52×
Q2 25
1.52×
Q1 25
1.50×
Q4 24
1.34×
Q3 24
1.34×
Q2 24
1.31×
Q1 24
1.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OLN
OLN
TNET
TNET
Operating Cash FlowLast quarter
$321.2M
$61.0M
Free Cash FlowOCF − Capex
$43.0M
FCF MarginFCF / Revenue
3.4%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$234.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLN
OLN
TNET
TNET
Q4 25
$321.2M
$61.0M
Q3 25
$26.7M
$72.0M
Q2 25
$212.3M
$75.0M
Q1 25
$-86.0M
$95.0M
Q4 24
$141.7M
$65.0M
Q3 24
$189.9M
$84.0M
Q2 24
$90.6M
$39.0M
Q1 24
$81.0M
$91.0M
Free Cash Flow
OLN
OLN
TNET
TNET
Q4 25
$43.0M
Q3 25
$-44.4M
$55.0M
Q2 25
$57.0M
Q1 25
$-147.4M
$79.0M
Q4 24
$90.7M
$47.0M
Q3 24
$146.6M
$59.0M
Q2 24
$34.1M
$22.0M
Q1 24
$36.7M
$73.0M
FCF Margin
OLN
OLN
TNET
TNET
Q4 25
3.4%
Q3 25
-2.6%
4.5%
Q2 25
4.6%
Q1 25
-9.0%
6.1%
Q4 24
5.4%
3.7%
Q3 24
9.2%
4.8%
Q2 24
2.1%
1.8%
Q1 24
2.2%
5.8%
Capex Intensity
OLN
OLN
TNET
TNET
Q4 25
1.4%
Q3 25
4.2%
1.4%
Q2 25
1.5%
Q1 25
3.7%
1.2%
Q4 24
3.1%
1.4%
Q3 24
2.7%
2.0%
Q2 24
3.4%
1.4%
Q1 24
2.7%
1.4%
Cash Conversion
OLN
OLN
TNET
TNET
Q4 25
Q3 25
0.61×
2.12×
Q2 25
2.03×
Q1 25
-71.67×
1.12×
Q4 24
14.03×
Q3 24
1.87×
Q2 24
1.25×
0.65×
Q1 24
1.69×
1.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OLN
OLN

Chlorinechlorinederivativesandothercoproducts$456.2M27%
Causticsoda$400.2M24%
Militaryandlawenforcement$304.6M18%
Epoxyresins$194.9M12%
Aromaticsandallylics$164.4M10%
Commercial$144.8M9%

TNET
TNET

Insurance Services$1.1B85%
Professional Services$169.0M14%

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