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TYL

Tyler Technologies Inc

NYSE: TYL · TECHNOLOGY · SOFTWARE - APPLICATION

$312.27
+1.27% today

Updated 2026-06-05

Market cap
$12.29B
P/E ratio
41.33
P/S ratio
5.16x
EPS (TTM)
$7.23
Dividend yield
52W range
$284 – $621
Volume
0.6M

Tyler Technologies Inc (TYL) Financial statements

SEC filings — annual and quarterly data.

Profit margin
13.53%
Operating margin
15.34%
ROE
8.87%
ROA
4.68%
Debt/equity
0.01x

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2006$195.30M$14.36M37.63%11.22%7.35%
2007$219.80M$17.50M37.74%12.18%7.96%
2008$265.10M$14.86M40.49%14.01%5.61%
2009$290.29M$27.01M43.43%15.43%9.30%
2010$288.63M$25.05M43.34%14.43%8.68%
2011$309.39M$27.56M44.79%15.04%8.91%
2012$363.30M$32.99M44.98%15.57%9.08%
2013$416.64M$39.10M45.29%15.94%9.38%
2014$493.10M$58.94M46.41%19.23%11.95%
2015$591.02M$64.87M45.90%19.28%10.98%
2016$756.04M$109.86M45.19%17.37%14.53%
2017$840.66M$163.94M45.92%19.36%19.50%
2018$935.28M$147.46M45.27%16.30%15.77%
2019$1.09B$146.53M45.60%14.39%13.49%
2020$1.12B$194.82M46.64%15.49%17.45%
2021$1.59B$161.46M41.75%12.93%10.14%
2022$1.85B$164.24M39.05%11.69%8.88%
2023$1.95B$165.92M40.30%11.20%8.50%
2024$2.14B$263.03M40.98%14.01%12.30%
2025$2.33B$315.60M44.05%15.34%13.53%

Frequently asked questions

What is Tyler Technologies Inc's revenue?

Tyler Technologies Inc's trailing twelve-month revenue is $2.38B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.

How profitable is TYL?

In its most recent fiscal year, TYL ran a gross margin of 44.05%, an operating margin of 15.34%, and a net margin of 13.53%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does TYL generate?

TYL produced $637.53M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is TYL's balance sheet healthy?

TYL holds $1.02B in cash and equivalents against $0.00 in long-term debt, on $3.70B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.