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) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Tyler Technologies, Inc. (TYL) trades at a P/S ratio of 6.2×. Over the past ten years it has ranged from 4.9× (July 2026) to 17.1× (March 2021); the current reading is higher than 5% of that period. That is above the Software Application industry median of 2.7× and above the Technology sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 8.4× (27.02%)
FY2024 11.5× 30.77%
FY2023 8.8× 22.58%
FY2022 7.2× (48.04%)
FY2021 13.8× (11.82%)
FY2020 15.7× 46.67%
FY2019 10.7× 39.70%
FY2018 7.6× (3.56%)
FY2017 7.9× 14.06%
FY2016 6.9× (31.03%)

Quarterly newest first

Period P/S ratio Change
Jun 2026 5.0× (18.62%)
Mar 2026 6.2× (26.61%)
Dec 2025 8.4× (14.58%)
Sep 2025 9.8× (13.83%)
42 more quarters

Against its own ten years

Low 4.9× High 17.1×
Ten-year median 9.0×
Current reading's percentile 5

P/S ratio against peers

Company P/S ratio
GRAB Grab Holdings Limited compare 3.2×
HUBS HubSpot, Inc. compare 3.4×
DOCU Docusign Inc. compare 4.2×
TYL Tyler Technologies, Inc. 6.2×
FICO Fair Isaac Corporation compare 7.3×
DT Dynatrace, Inc. compare 8.5×
FIG Figma, Inc. compare 8.8×
GWRE Guidewire Software, Inc. compare 9.6×
MANH Manhattan Associates, Inc. compare 11.6×
Software Application industry median 2.7×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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