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

418.54 11.83 −2.75%
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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Tyler Technologies, Inc. (TYL) trades at a P/S ratio of 7.0×. Over the past ten years it has ranged from 4.9× (July 2026) to 17.1× (March 2021); the current reading is higher than 7% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 2.6×.

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
Sep 2026 5.2× 3.78%
Jun 2026 5.0× (18.62%)
Mar 2026 6.2× (26.61%)
Dec 2025 8.4× (14.58%)
43 more quarters

Against its own ten years

Low 4.9× High 17.1×
Ten-year median 9.0×
Current reading's percentile 8

P/S ratio against peers

Company P/S ratio
SSNC SS&C Technologies Holdings, Inc. compare 2.8×
GRAB Grab Holdings Limited compare 3.6×
DOCU Docusign Inc. compare 4.5×
DT Dynatrace, Inc. compare 5.8×
FICO Fair Isaac Corporation compare 6.7×
TYL Tyler Technologies, Inc. 7.0×
GWRE Guidewire Software, Inc. compare 9.6×
U Unity Software Inc. compare 11.0×
MANH Manhattan Associates, Inc. compare 12.9×
Software Application industry median 3.0×
Technology sector median 2.6×
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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