Tyler Technologies, Inc. logo

Tyler Technologies, Inc.

TYL

NYSETechnologySoftware - Application

Previous close

$350.73

+$2.59 · +0.74%

Aug 21, 4:00 PM ET

TYL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

74

Undervalued

Momentum

35

Weakening

Sentiment

76

Bullish

Risk resilience

46

Elevated Risk

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Company profile

Company website

Tyler Technologies, Inc. specializes in delivering comprehensive information management solutions and services tailored for the public sector. Its operations are organized into three primary divisions: Enterprise Software, Appraisal and Tax, and NIC. The company's extensive product portfolio encompasses financial management tools, such as modular fund accounting systems designed for government bodies and non-profit organizations, as well as utility billing platforms for managing both metered and unmetered services. Additionally, Tyler offers solutions that automate a wide array of municipal and county operations, ranging from municipal court and parking ticket administration to animal and business licensing, permits and inspections, code enforcement, citizen complaint resolution, ambulance billing, fleet maintenance, and cemetery records management. Educational institutions, particularly K-12 schools, benefit from their specialized student information and transportation management systems. Furthermore, the company delivers a comprehensive suite of judicial technologies, including systems for court case management, integrated court and law enforcement functions, prosecutor support, and supervision. These solutions are scalable for diverse needs, from single-county deployments to multi-jurisdictional or statewide implementations. Their offerings extend to public safety software, alongside systems designed for the automated appraisal and assessment of both real and personal property, complemented by tax billing and collection applications for relevant agencies. Public sector agencies also leverage Tyler's software for planning, regulatory compliance, and maintenance operations. Dedicated applications enhance and automate records and document management, while their data and insights solutions provide valuable analytical capabilities. Beyond core software, Tyler Technologies facilitates Software-as-a-Service (SaaS) deployments and provides electronic document filing solutions for legal and judicial entities. Their service portfolio is robust, encompassing software and hardware installation, data conversion, user training, product customization, and ongoing maintenance and support. They also offer outsourced property appraisal services to taxing authorities. A strategic collaboration agreement with Amazon Web Services (AWS) underscores the company's commitment to cloud-based hosting solutions. Established in 1966, Tyler Technologies, Inc. maintains its headquarters in Plano, Texas.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
H. Lynn Moore Jr.
Listed since
Mar 17, 1980
Employees
7,879

Market position

Day range

Current $350.73

52-week range

Current $350.73

Open
$346.78
Previous close
$348.14
Volume
449.97K
0.57× average
Average volume
785.16K
Average daily volume
Market cap
14.36B USD
Beta
0.81
Market reference 1
50-day average
$309.21
+13.43% above average
200-day average
$362.49
-3.25% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
19.22B USD
P/E (TTM)
45.97×
P/B (TTM)
4.8×
P/S (TTM)
5.91×
EV / EBITDA
35.39×
Earnings yield
1.61%
Free cash flow yield
3.26%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
46.62%
Operating margin
15.14%
Net margin
13.36%
Return on equity
8.52%
Return on assets
5.60%
Return on invested capital
6.44%

Financial health

Debt / equity
0.48×
Current ratio
1.05×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends48%33%19%5%Gross margin, FY2021: 41.75%Gross margin, FY2022: 39.05%Gross margin, FY2023: 40.30%Gross margin, FY2024: 40.98%Gross margin, FY2025: 44.05%Operating margin, FY2021: 12.93%Operating margin, FY2022: 11.69%Operating margin, FY2023: 11.20%Operating margin, FY2024: 14.01%Operating margin, FY2025: 15.34%Net margin, FY2021: 10.14%Net margin, FY2022: 8.88%Net margin, FY2023: 8.50%Net margin, FY2024: 12.30%Net margin, FY2025: 13.53%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 41.75%. Gross margin FY2022 39.05%. Gross margin FY2023 40.30%. Gross margin FY2024 40.98%. Gross margin FY2025 44.05%. Operating margin FY2021 12.93%. Operating margin FY2022 11.69%. Operating margin FY2023 11.20%. Operating margin FY2024 14.01%. Operating margin FY2025 15.34%. Net margin FY2021 10.14%. Net margin FY2022 8.88%. Net margin FY2023 8.50%. Net margin FY2024 12.30%. Net margin FY2025 13.53%.

Income trends

Revenue

2.33B USD+9.10%

Operating income

357.68M USD+19.41%

Net income

315.6M USD+19.99%
Income trends across reported periods2.55B USD1.68B USD812.72M USD−55.63M USDRevenue, FY2021: 1.59B USDRevenue, FY2022: 1.85B USDRevenue, FY2023: 1.95B USDRevenue, FY2024: 2.14B USDRevenue, FY2025: 2.33B USDOperating income, FY2021: 205.84M USDOperating income, FY2022: 216.25M USDOperating income, FY2023: 218.54M USDOperating income, FY2024: 299.53M USDOperating income, FY2025: 357.68M USDNet income, FY2021: 161.46M USDNet income, FY2022: 164.24M USDNet income, FY2023: 165.92M USDNet income, FY2024: 263.03M USDNet income, FY2025: 315.6M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.59B USD. Revenue FY2022 1.85B USD. Revenue FY2023 1.95B USD. Revenue FY2024 2.14B USD. Revenue FY2025 2.33B USD. Operating income FY2021 205.84M USD. Operating income FY2022 216.25M USD. Operating income FY2023 218.54M USD. Operating income FY2024 299.53M USD. Operating income FY2025 357.68M USD. Net income FY2021 161.46M USD. Net income FY2022 164.24M USD. Net income FY2023 165.92M USD. Net income FY2024 263.03M USD. Net income FY2025 315.6M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.33B USD2.14B USD1.95B USD1.85B USD1.59B USD
Cost of goods sold1.31B USD1.26B USD1.17B USD1.13B USD927.49M USD
Gross profit1.03B USD876.13M USD786.47M USD722.5M USD664.8M USD
Research and development204.59M USD117.94M USD109.59M USD105.18M USD93.48M USD
Selling, general, and administrative465.02M USD458.67M USD458.35M USD401.07M USD365.48M USD
Operating expenses669.61M USD576.61M USD567.93M USD506.25M USD458.96M USD
Interest income14.57M USD3.33M USD1.72M USD1.54M USD
Interest expense5M USD5.93M USD23.63M USD28.38M USD23.3M USD
Depreciation and amortization147.86M USD152.37M USD170.77M USD172.04M USD145.84M USD
Operating income357.68M USD299.53M USD218.54M USD216.25M USD205.84M USD
Net income315.6M USD263.03M USD165.92M USD164.24M USD161.46M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$414.38

18.15% upside
Past 12 months12-month forecast

Price history unavailable

High $455Average $414.38Low $340

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