Tyler Technologies, Inc. TYL

325.57 (1.28) (0.39%) as of 25 Sep
Market cap
$13.4B
P/E
42.7×
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Tyler Technologies, Inc. (TYL) Operating margin

Tyler Technologies, Inc.'s operating margin over the twelve months to 30 June 2026 was 15.1%, down 0.2 percentage points from fiscal 2025 (15.3%). Over the past ten years it has ranged from 11.2% (fiscal 2023) to 19.4% (fiscal 2017); the current reading is higher than 55% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 15.3% 1.33
FY2024 14.0% 2.81
FY2023 11.2% (0.38)
FY2022 11.6% 0.23
FY2021 11.4% (4.14)
FY2020 15.5% 1.10
FY2019 14.4% (1.91)
FY2018 16.3% (3.06)
FY2017 19.4% 1.24
FY2016 18.1% (0.16)

Quarterly

Period Operating margin Change (points)
Jun 2026 14.7% (1.53)
Mar 2026 16.3% 3.23
Dec 2025 13.0% (3.39)
Sep 2025 16.4% 0.39
42 more quarters

Against its own ten years

Low 11.2% High 19.4%
Ten-year median 15.3%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
PTC PTC Inc. compare 37.8%
MANH Manhattan Associates, Inc. compare 24.3%
TYL Tyler Technologies, Inc. 15.1%
DOCU Docusign Inc. compare 12.0%
GWRE Guidewire Software, Inc. compare 10.2%
HUBS HubSpot, Inc. compare 3.79%
GRAB Grab Holdings Limited compare 3.22%
FROG JFrog Ltd. compare −11.5%
FIG Figma, Inc. compare −123.8%
Software Application industry median 0.00%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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