Tyler Technologies, Inc. TYL
- Market cap
- $13.4B
- P/E
- 42.7×
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Tyler Technologies, Inc. (TYL) EV/EBITDA
As of 25 September 2026, Tyler Technologies, Inc. (TYL) trades at a EV/EBITDA of 27.9×. Over the past ten years it has ranged from 24.3× (June 2026) to 77.7× (November 2021); the current reading is higher than 2% of that period. That is above the Software Application industry median of 14.4× and above the Technology sector median of 15.7×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 38.9× | (28.11%) |
| FY2024 | 54.1× | 19.52% |
| FY2023 | 45.3× | 24.53% |
| FY2022 | 36.4× | (48.28%) |
| FY2021 | 70.3× | 8.79% |
| FY2020 | 64.6× | 32.73% |
| FY2019 | 48.7× | 49.52% |
| FY2018 | 32.6× | 9.25% |
| FY2017 | 29.8× | 6.79% |
| FY2016 | 27.9× | (40.35%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 25.3× | (15.13%) |
| Mar 2026 | 29.8× | (23.41%) |
| Dec 2025 | 38.9× | (14.44%) |
| Sep 2025 | 45.5× | (14.61%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| FIG Figma, Inc. compare | n/m |
| FROG JFrog Ltd. compare | n/m |
| PTC PTC Inc. compare | 13.5× |
| DOCU Docusign Inc. compare | 15.3× |
| GRAB Grab Holdings Limited compare | 26.2× |
| TYL Tyler Technologies, Inc. | 27.9× |
| HUBS HubSpot, Inc. compare | 37.5× |
| MANH Manhattan Associates, Inc. compare | 42.5× |
| GWRE Guidewire Software, Inc. compare | 58.7× |
| Software Application industry median | 14.4× |
| Technology sector median | 15.7× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on TYL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement