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Side-by-side financial comparison of RENAISSANCERE HOLDINGS LTD (RNR) and TRINET GROUP, INC. (TNET). Click either name above to swap in a different company.

RENAISSANCERE HOLDINGS LTD is the larger business by last-quarter revenue ($2.2B vs $1.2B, roughly 1.8× TRINET GROUP, INC.). On growth, TRINET GROUP, INC. posted the faster year-over-year revenue change (-2.2% vs -36.8%). Over the past eight quarters, TRINET GROUP, INC.'s revenue compounded faster (-0.6% CAGR vs -11.9%).

RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.

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.

RNR vs TNET — Head-to-Head

Bigger by revenue
RNR
RNR
1.8× larger
RNR
$2.2B
$1.2B
TNET
Growing faster (revenue YoY)
TNET
TNET
+34.6% gap
TNET
-2.2%
-36.8%
RNR
Faster 2-yr revenue CAGR
TNET
TNET
Annualised
TNET
-0.6%
-11.9%
RNR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
RNR
RNR
TNET
TNET
Revenue
$2.2B
$1.2B
Net Profit
$515.8M
Gross Margin
Operating Margin
0.1%
Net Margin
23.5%
Revenue YoY
-36.8%
-2.2%
Net Profit YoY
72.6%
EPS (diluted)
$6.57
$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
RNR
RNR
TNET
TNET
Q1 26
$2.2B
Q4 25
$3.0B
$1.2B
Q3 25
$3.2B
$1.2B
Q2 25
$3.2B
$1.2B
Q1 25
$3.5B
$1.3B
Q4 24
$2.3B
$1.3B
Q3 24
$4.0B
$1.2B
Q2 24
$2.8B
$1.2B
Net Profit
RNR
RNR
TNET
TNET
Q1 26
$515.8M
Q4 25
$760.5M
Q3 25
$916.5M
$34.0M
Q2 25
$835.4M
$37.0M
Q1 25
$170.0M
$85.0M
Q4 24
$-189.7M
Q3 24
$1.2B
$45.0M
Q2 24
$503.9M
$60.0M
Operating Margin
RNR
RNR
TNET
TNET
Q1 26
Q4 25
42.5%
0.1%
Q3 25
46.3%
4.1%
Q2 25
41.8%
4.1%
Q1 25
-2.0%
8.9%
Q4 24
-3.6%
-2.9%
Q3 24
43.7%
4.7%
Q2 24
25.0%
6.5%
Net Margin
RNR
RNR
TNET
TNET
Q1 26
23.5%
Q4 25
25.6%
Q3 25
28.7%
2.8%
Q2 25
26.1%
3.0%
Q1 25
4.9%
6.6%
Q4 24
-8.3%
Q3 24
29.8%
3.6%
Q2 24
17.8%
4.9%
EPS (diluted)
RNR
RNR
TNET
TNET
Q1 26
$6.57
Q4 25
$16.16
$0.02
Q3 25
$19.40
$0.70
Q2 25
$17.20
$0.77
Q1 25
$3.27
$1.71
Q4 24
$-3.76
$-0.44
Q3 24
$22.62
$0.89
Q2 24
$9.41
$1.20

Balance Sheet & Financial Strength

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

Metric
RNR
RNR
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$1.6B
$287.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$54.0M
Total Assets
$53.7B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RNR
RNR
TNET
TNET
Q1 26
$1.6B
Q4 25
$1.7B
$287.0M
Q3 25
$1.7B
$321.0M
Q2 25
$1.4B
$407.0M
Q1 25
$1.6B
$349.0M
Q4 24
$1.7B
$360.0M
Q3 24
$1.6B
$301.0M
Q2 24
$1.6B
$249.0M
Total Debt
RNR
RNR
TNET
TNET
Q1 26
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.8B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$2.0B
Stockholders' Equity
RNR
RNR
TNET
TNET
Q1 26
$4.3B
Q4 25
$11.6B
$54.0M
Q3 25
$11.5B
$110.0M
Q2 25
$10.8B
$107.0M
Q1 25
$10.3B
$63.0M
Q4 24
$10.6B
$69.0M
Q3 24
$11.2B
$129.0M
Q2 24
$10.2B
$100.0M
Total Assets
RNR
RNR
TNET
TNET
Q1 26
$53.7B
Q4 25
$53.8B
$3.8B
Q3 25
$54.5B
$3.4B
Q2 25
$54.7B
$3.7B
Q1 25
$53.6B
$3.8B
Q4 24
$50.7B
$4.1B
Q3 24
$52.8B
$3.7B
Q2 24
$51.6B
$3.7B
Debt / Equity
RNR
RNR
TNET
TNET
Q1 26
Q4 25
0.20×
Q3 25
0.19×
Q2 25
0.21×
Q1 25
0.27×
Q4 24
0.18×
Q3 24
0.17×
Q2 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
RNR
RNR
TNET
TNET
Operating Cash FlowLast quarter
$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
RNR
RNR
TNET
TNET
Q1 26
Q4 25
$483.0M
$61.0M
Q3 25
$1.6B
$72.0M
Q2 25
$1.5B
$75.0M
Q1 25
$157.8M
$95.0M
Q4 24
$778.9M
$65.0M
Q3 24
$1.5B
$84.0M
Q2 24
$1.2B
$39.0M
Free Cash Flow
RNR
RNR
TNET
TNET
Q1 26
Q4 25
$43.0M
Q3 25
$55.0M
Q2 25
$57.0M
Q1 25
$79.0M
Q4 24
$47.0M
Q3 24
$59.0M
Q2 24
$22.0M
FCF Margin
RNR
RNR
TNET
TNET
Q1 26
Q4 25
3.4%
Q3 25
4.5%
Q2 25
4.6%
Q1 25
6.1%
Q4 24
3.7%
Q3 24
4.8%
Q2 24
1.8%
Capex Intensity
RNR
RNR
TNET
TNET
Q1 26
Q4 25
1.4%
Q3 25
1.4%
Q2 25
1.5%
Q1 25
1.2%
Q4 24
1.4%
Q3 24
2.0%
Q2 24
1.4%
Cash Conversion
RNR
RNR
TNET
TNET
Q1 26
Q4 25
0.64×
Q3 25
1.73×
2.12×
Q2 25
1.76×
2.03×
Q1 25
0.93×
1.12×
Q4 24
Q3 24
1.26×
1.87×
Q2 24
2.41×
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RNR
RNR

Segment breakdown not available.

TNET
TNET

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

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