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) Return on invested capital

Alert me on Return on invested capital

Tyler Technologies, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 6.61%, down 0.4 percentage points from fiscal 2025 (6.97%). Over the past ten years it has ranged from 3.42% (fiscal 2021) to 10.6% (fiscal 2017); the current reading is higher than 45% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 6.97% 1.15
FY2024 5.82% 1.81
FY2023 4.01% 0.07
FY2022 3.94% 0.52
FY2021 3.42% (4.69)
FY2020 8.11% 0.97
FY2019 7.14% (1.17)
FY2018 8.31% (2.26)
FY2017 10.6% 0.67
FY2016 9.90% 2.21

Against its own ten years

Low 3.42% High 10.6%
Ten-year median 7.14%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
FICO Fair Isaac Corporation compare 62.5%
DOCU Docusign Inc. compare 26.7%
HUBS HubSpot, Inc. compare 25.6%
DT Dynatrace, Inc. compare 11.9%
GWRE Guidewire Software, Inc. compare 8.37%
TYL Tyler Technologies, Inc. 6.61%
GRAB Grab Holdings Limited compare 2.55%
MANH Manhattan Associates, Inc. compare 0.00%
FIG Figma, Inc. compare 0.00%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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