Tyler Technologies, Inc. TYL

325.57 (1.28) (0.39%) as of 25 Sep
Market cap
$13.4B
P/E
42.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.69
Total sells 10.74
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — 2 — — — — — — —
Sell — 1 3 — — 3 — — — — 2 —
Insider Ownership 2.11%

Capital & Financial Ratios

Market Cap 13,390.00
Revenue 2,429.66
Net Income 324.62
Free Cash Flow 705.78
Net Debt 438.66
Current Ratio 1.55
Debt/Equity 0.46
P/E ratio 42.67
P/S ratio 5.58
P/B ratio 4.46
Past 5Y EPS Growth 10.60%
This Y EPS Growth 15.66%
Next Y EPS Growth 17.52%
Next 5Y EPS Growth 15.81%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 176 768 1,097 970
Receivables 620 600 663 749
Inventory — — — —
Other 10 8 9 11
861 1,441 1,844 1,817
2023 2024 2025 Q'26
Payables 146 157 175 179
ST’ Debt 50 — 600 —
Other — — — —
1,001 1,066 1,755 1,170
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 14.71% 15.87% 8.02%
Cash Flow 17.14% 12.98% 19.66%
Earnings 17.14% 10.13% 24.32%
Book Value 15.73% 13.27% 12.16%

Revenue

Mar Jun Sep Dec Year
’26 614 645 — — —
’25 565 596 596 575 2,332
’24 512 541 543 541 2,138
’23 472 504 495 481 1,952
’22 456 469 473 452 1,850
’21 295 404 460 434 1,592
’20 277 271 286 283 1,117
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 107 124 — — —
’25 56 98 255 244 654
’24 72 64 264 225 625
’23 75 (19) 177 147 380
’22 54 77 129 122 381
’21 72 (20) 205 115 372
’20 57 40 170 89 355
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 103 119 — — —
’25 48 88 248 237 621
’24 57 49 253 216 575
’23 64 (33) 163 134 327
’22 41 60 116 115 331
’21 62 (33) 193 95 316
’20 46 32 165 84 327
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.88 2.23 — — —
’25 1.84 1.93 1.93 1.50 7.20
’24 1.26 1.57 1.74 1.49 6.05
’23 0.73 1.15 1.10 0.91 3.88
’22 0.94 0.94 1.26 0.73 3.87
’21 0.88 0.61 1.04 1.29 3.82
’20 1.16 1.30 0.94 1.29 4.69
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
118.16 142.75 173.26 176.27 247.22 372.80 281.11 301.69 397.80 445.64

Analyst estimates 2026–2028

Powerpack
Low Price
175.77 188.22 252.47 301.39 466.21 557.55 538.96 426.83 638.56 661.31
High Price
3,831 4,069 4,525 5,368 5,536 6,778 7,200 7,300 7,400 7,800
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
760 841 935 1,086 1,117 1,592 1,850 1,952 2,138 2,332
Revenue
47.27% 47.49% 47.00% 47.58% 48.58% 44.57% 42.37% 44.12% 43.77% 46.46%
Gross Margin
136 163 156 160 175 159 188 198 308 390
EBT
17.85% 19.44% 16.67% 14.71% 15.68% 9.98% 10.14% 10.16% 14.42% 16.74%
EBT Margin
114 170 147 147 195 161 164 166 263 316
Net Income
50 53 62 77 87 146 172 171 152 148
Depreciation
20.85 22.56 24.33 28.12 27.89 38.98 44.54 46.44 50.17 54.12
Revenue/Sh
3.01 4.40 3.84 3.79 4.87 3.95 3.95 3.95 6.17 7.32
Earnings/Sh
5.26 5.25 6.51 6.59 8.87 9.10 9.18 9.05 14.66 15.17
Cash Flow/Sh
(1.04) (1.16) (0.71) (1.09) (0.71) (1.36) (1.21) (1.26) (1.17) (0.76)
Capex/Sh
4.23 4.10 5.79 5.50 8.16 7.74 7.97 7.79 13.49 14.40
Free CF/Sh
25.12 31.97 34.46 41.85 49.61 56.89 63.17 69.91 79.52 85.92
Book Value/Sh
36 37 38 39 40 41 42 42 43 43
Shares
51.47 40.70 48.39 79.37 89.63 136.19 80.64 103.34 93.46 62.02
PE Ratio
6.94 7.92 7.64 10.67 15.65 13.80 7.17 8.79 11.49 8.39
PS Ratio
5.76 5.59 5.39 7.17 8.80 9.46 5.06 5.84 7.25 5.28
PB Ratio
6.88 7.66 7.46 10.44 15.06 14.42 7.59 9.03 11.44 8.43
EV/Sales
33.93 42.18 31.31 53.34 51.50 72.61 42.39 53.83 42.55 31.68
EV/FCF
192 196 250 255 355 372 381 380 625 654
Op' Cash Flow
(38) (43) (27) (42) (28) (56) (50) (53) (50) (33)
Capex
154 153 223 213 327 316 331 327 575 621
FCF
(79) 149 95 171 549 135 (42) (141) 375 88
Working Cap'
10 — — 23 22 1,341 987 646 598 600
Total Debt
(46) (229) (179) (249) (654) 980 777 470 (170) (498)
Net Debt
916 1,192 1,325 1,617 1,986 2,324 2,624 2,938 3,388 3,703
Sh' Equity
8.38% 11.42% 8.67% 7.36% 8.12% 4.40% 3.49% 3.54% 5.34% 5.83%
ROA
9.90% 10.57% 8.31% 7.14% 8.11% 3.42% 3.94% 4.01% 5.82% 6.97%
ROIC
12.82% 16.09% 11.72% 9.96% 10.81% 7.49% 6.64% 5.97% 8.32% 8.90%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Tyler Technologies, Inc. peers in Software Application

Company Market cap P/E Compare
DOCU Docusign Inc. $12.8B 40.4× Compare
GRAB Grab Holdings Limited $12.8B 22.4× Compare
GWRE Guidewire Software, Inc. $12.4B 87.7× Compare
MANH Manhattan Associates, Inc. $12.2B 58.4× Compare
Company Market cap P/E Compare
PTC PTC Inc. $15.1B 13.3× Compare
FROG JFrog Ltd. $11.7B 0.0× Compare
FIG Figma, Inc. $11.4B 0.0× Compare
HUBS HubSpot, Inc. $11.0B 75.3× Compare

All 237 Software Application stocks →

TYL metrics, ten years each

Tyler Technologies, Inc. (TYL) key facts

  • Tyler Technologies, Inc. (TYL) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
  • Tyler Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 9.10% from fiscal 2024.
  • Net income was $315.6 million, or $7.32 per share (basic), a net margin of 13.5%.
  • As of September 25, 2026, TYL traded at $325.57, a market capitalization of $13.4 billion.
  • At that price the stock trades at 42.7× trailing-twelve-month earnings and 5.6× sales.
  • Return on equity was 8.90% and debt-to-equity 0.46.

Source: company filings (standardised) and stockrow calculations.

Tyler Technologies, Inc. (TYL) Latest News

News by impact score

Fine-tune

3 Sep

4

Tyler Technologies shares rise 6.3% after Nebraska deploys its AI assistant statewide and Alabama awards the company a cloud contract. Statewide Nebraska AI rollout plus Alabama cloud win expand Tyler's government contracts and strengthen revenue outlook.

1 Sep

3

Nebraska expands Tyler Technologies’ AI-enabled solutions footprint following a successful pilot program. Nebraska expansion after pilot success points to growing state-level adoption of Tyler's AI technology.

31 Aug

4

Tyler Technologies raises its 2030 financial targets following successful cloud transition. Raised 2030 targets after cloud transition signal major strategic progress likely to lift long-term growth trajectory and investor outlook for Tyler Technologies.

25 Aug

3

Tyler Technologies launches Alabama’s new licensing platform supporting more than 1.2 million annual hunting and fishing licenses. Alabama platform launch adds state contract revenue with limited scope relative to overall operations.

7 Aug

3 transcript

Tyler Technologies (TYL) conducted its Q2 2026 earnings call, covering quarterly financial results, operational updates, and forward outlook. Quarterly earnings call delivers performance metrics and guidance that can shift near-term investor sentiment and valuation.

6 Aug

3

Tyler Technologies maintains strong long-term growth outlook despite exaggerated AI concerns. Reaffirmed long-term growth counters AI worries but signals no fundamental trajectory shift.

5 Aug

3

Tyler Technologies completed Tennessee’s largest statewide tax cloud rollout. Major statewide tax system deployment strengthens Tyler Technologies credentials and contract pipeline in government software.

4 Aug

3

Tennessee Comptroller of the Treasury advances cloud transformation using Tyler Technologies. State contract win supports Tyler public sector cloud revenue but remains one deal among many.

1 Aug

3 transcript

Tyler Technologies reported Q2 financial results and operational updates in its earnings call, covering revenue performance, segment breakdowns, and forward guidance for the company's government and enterprise software solutions. Q2 earnings details provide performance metrics and guidance that moderately influence near-term investor sentiment and operational outlook.

31 Jul

4

Tyler Technologies, Inc. acquires CODY Systems. Acquisition marks a major strategic move that expands Tyler Technologies' product capabilities and competitive reach.

30 Jul

4

Tyler Technologies reported record SaaS bookings in its Q2 2026 earnings call. Record SaaS bookings indicate strong revenue growth and improved market position for Tyler Technologies.

4 transcript

Tyler Technologies held its Q2 2026 earnings call covering quarterly financial results, operational updates, and forward guidance. Earnings call details directly influence near-term stock valuation and strategic outlook for Tyler Technologies.

3

Tyler Technologies Q2 earnings beat estimates with revenues rising year over year. Q2 earnings beat and revenue growth point to moderately positive financial results without major long-term shifts.

3

Tyler Technologies reported Q2 earnings with key financial metrics compared against analyst estimates. Q2 metrics versus estimates may affect short-term sentiment but are not expected to alter company trajectory.

29 Jul

3

Tyler Technologies reported its second quarter 2026 financial results. Quarterly results update key financial metrics that can shift near-term investor sentiment and valuation.

24 Jul

3

Tyler Technologies (TYL) stock declined this week. Stock drop signals possible short-term effects on performance and sentiment.

5 Jul

3

Tyler Technologies deploys Resident AI Assistant across South Carolina government services. Statewide AI deployment strengthens Tyler Technologies' government software positioning and product reach.

3

Tyler Technologies shares fell over 50% as investors exit SaaS stocks, with limited evidence that government agencies are accelerating AI adoption. Questioning pace of government AI adoption may weigh on Tyler Technologies' public-sector growth outlook without immediate operational changes.

2 Jul

4

Tyler Technologies shares rose 5.5% after South Carolina completed the statewide rollout of its Bradley AI assistant. Statewide Bradley AI deployment expands Tyler Technologies government contracts and validates its core software platform.

30 Jun

3

Tyler Technologies (TYL) long-term sales growth runway faces evaluation for sustainability. Questions on sales growth sustainability may affect TYL valuation and investor outlook without major immediate changes.

3

South Carolina expands access to government services with Tyler Technologies’ Resident AI Assistant. South Carolina deployment of Tyler AI assistant supports incremental government revenue growth.

9 Jun

3

Tyler Technologies shares its 2026 Investor Day Presentation. Investor Day presentation outlines forward plans that may shape market views without immediate operational overhaul.

4 Jun

3

Tyler Technologies, Inc. (TYL) announced new leadership roles to accelerate its long-term growth strategy. Leadership role changes represent a strategic adjustment with moderate potential to influence operations and growth execution.

31 May

3

Tyler Technologies (TYL) selected by Anchorage for Enterprise Payments Platform. Single municipal contract win provides moderate revenue upside without shifting overall trajectory.

26 May

3

Tyler Technologies wins Anchorage cloud payments contract signaling deeper strength in platform strategy. Anchorage contract win highlights platform strength without fundamentally shifting company trajectory.

14 May

4

Tyler Technologies, Inc. closed an upsized offering of $1,437,500,000 of 0.50% Convertible Senior Notes due 2031. Upsized $1.44 billion low-cost convertible notes provide substantial capital for growth and acquisitions, significantly boosting future performance.

12 May

4

Tyler Technologies issues US$1b convertible bonds, reshaping its capital structure and altering valuation outlook. US$1b convertibles issuance constitutes a major strategic financing move that significantly impacts capital structure and investor valuation perceptions.

4

Tyler Technologies, Inc. priced an upsized $1.25 billion offering of 1.25% convertible senior notes due 2031, expecting net proceeds of about $1.22 billion after discounts and expenses. Raising $1.25 billion through convertible notes enables major capital infusion for growth initiatives but risks future equity dilution.

11 May

4

Tyler Technologies (TYL) stocks gain support from strong earnings and AI optimism. Strong earnings directly enhance financial performance while AI optimism positions TYL for strategic growth.

4

Tyler Technologies, Inc. announces proposed offering of convertible senior notes due 2031. Convertible notes offering enables capital raise for growth but introduces equity dilution risk, significantly impacting financial position and stock performance.

stockrow.com/TYL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com