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.

Revenue
+8.67%
EPS
+19.8%
Free cash flow
+11.9%
Total debt
+135.5%

Quarter to September 2026, against a year earlier

418.77 11.60 −2.70%
Market cap
$17.1B
P/E
53.6×
Fwd P/E
45.9×
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 5 November 2026, Tyler Technologies, Inc. (TYL) trades at a price to free cash flow of 23.7×. Over the past ten years it has ranged from 16.8× (July 2026) to 74.1× (November 2021); the current reading is higher than 6% of that period. That is above the Software Application industry median of 17.2× and above the Technology sector median of 18.7×.

Price to free cash flow, daily

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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
Sep 2026 17.5× 1.75%
Jun 2026 17.2× (20.54%)
Mar 2026 21.7× (31.13%)
Dec 2025 31.5× (16.23%)
43 more quarters

Against its own ten years

Low 16.8× High 74.1×
Ten-year median 45.7×
Current reading's percentile 6

Price to free cash flow against peers

Company Price to free cash flow
GRAB Grab Holdings Limited compare n/m
SSNC SS&C Technologies Holdings, Inc. compare 12.2×
DOCU Docusign Inc. compare 12.6×
FICO Fair Isaac Corporation compare 16.8×
DT Dynatrace, Inc. compare 21.9×
TYL Tyler Technologies, Inc. 23.7×
MANH Manhattan Associates, Inc. compare 39.3×
GWRE Guidewire Software, Inc. compare 39.3×
U Unity Software Inc. compare 40.7×
Software Application industry median 17.2×
Technology sector median 18.7×
Market median 14.1×

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 →

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