Tyler Technologies, Inc.

TYL Technology Software Application

Tyler Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 9.10% from fiscal 2024. In the quarter to June 2026, revenue grew 8.22%, EPS grew 14.8%, free cash flow grew 34.7% and total debt rose 135.4%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years; insiders bought in the last twelve months.

360.87 2.75 −0.76%
Market cap
$14.9B
P/E
47.3×
Fwd P/E
37.8×
Dividend yield
—
F-score
6/9
Altman Z
7.25
Beneish M
−2.70
Dividend safety
n/a

Tyler Technologies, Inc. (TYL) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Tyler Technologies, Inc. (TYL) trades at a price to free cash flow of 21.3×. Over the past ten years it has ranged from 16.8× (July 2026) to 74.1× (November 2021); the current reading is higher than 4% of that period. That is above the Software Application industry median of 17.6× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 31.5× (26.29%)
FY2024 42.8× (18.39%)
FY2023 52.4× 30.84%
FY2022 40.0× (42.39%)
FY2021 69.5× 29.91%
FY2020 53.5× (1.84%)
FY2019 54.5× 69.98%
FY2018 32.1× (26.48%)
FY2017 43.6× 27.41%
FY2016 34.2× (29.92%)

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 17.2× (20.54%)
Mar 2026 21.7× (31.13%)
Dec 2025 31.5× (16.23%)
Sep 2025 37.6× (11.03%)
42 more quarters

Against its own ten years

Low 16.8× High 74.1×
Ten-year median 45.8×
Current reading's percentile 4

Price to free cash flow against peers

Company Price to free cash flow
GRAB Grab Holdings Limited compare n/m
DOCU Docusign Inc. compare 11.9×
HUBS HubSpot, Inc. compare 17.7×
FICO Fair Isaac Corporation compare 18.1×
TYL Tyler Technologies, Inc. 21.3×
DT Dynatrace, Inc. compare 31.3×
MANH Manhattan Associates, Inc. compare 32.7×
GWRE Guidewire Software, Inc. compare 39.6×
FIG Figma, Inc. compare 51.2×
Software Application industry median 17.6×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on TYL