Tyler Technologies Inc

Tyler Technologies Inc

TYL · NYSE · Technology / Software - Application

424.06USD+0.47 (+0.11%)

Price History

Full chart

Market Stats

Previous Close423.59
Open426.17
Day Range422.51 – 428.41
52-Week Range270.71 – 525.06
Volume394.93K
Market Cap13.33B
P/E (TTM)42.73
Forward P/E23.70
EPS7.62
Dividend Yield0.00%
Beta0.83
50-Day Avg333.90
200-Day Avg349.42

About

Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology solutions, such as cybersecurity, data and insights, digital solutions, payments, platform technologies, and outdoor recreation; public administration solutions, including civic services, ERP, property and recording, and regulatory; and corrections, courts and justice, and public safety solutions. In addition, the company provides school ERP and student transportation K-12 education solutions; and health and human services solutions comprising environmental health, and disability and benefits. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was formerly known as Tyler Corporation and changed its name to Tyler Technologies, Inc. in June 1999. Tyler Technologies, Inc. was founded in 1966 and is based in Plano, Texas.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. H. Lynn Moore Jr.
  • Employees7.88K
  • Headquarters5101 Tennyson Parkway, Plano, TX, United States, 75024, USA
  • Websitehttps://www.tylertech.com

Leadership

  • Mr. H. Lynn Moore Jr.CEO, President & Chairman · b. 1968
  • Mr. Brian K. Miller CPAExecutive VP & CFO · b. 1959
  • Mr. Jeffrey D. PuckettChief Operating Officer · b. 1968
  • Ms. Abigail M. DiazChief Administrative Officer & Corporate Secretary
  • Mr. Jason P. DurhamChief Accounting Officer
  • Mr. Russell A. GainfordChief Technology Officer
  • Mr. Kevin W. IwersenChief Information Officer
  • Ms. Hala ElsherbiniSenior Director of Investor Relations
  • Mr. William A. Van AsseltChief Legal Officer · b. 1975
  • Ms. Kirsten GappelbergVice President of Corporate Communications

Financials

Income Statement

Currency: USD1988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue179.20M189.40M217.60M266.40M286.20M282.40M357.90M140.60M128.40M76.40M50.50M108.40M93.20M117.89M133.90M145.45M172.27M170.46M195.30M219.80M265.10M290.29M288.63M309.39M363.30M416.64M493.10M591.02M756.04M840.66M935.28M1.09B1.12B1.59B1.85B1.95B2.14B2.33B
Growth (%)-+5.69%+14.89%+22.43%+7.43%-1.33%+26.74%-60.72%-8.68%-40.50%-33.90%+114.66%-14.02%+26.49%+13.58%+8.63%+18.44%-1.05%+14.58%+12.54%+20.61%+9.50%-0.57%+7.19%+17.43%+14.68%+18.35%+19.86%+27.92%+11.19%+11.26%+16.16%+2.78%+42.59%+16.20%+5.49%+9.53%+9.10%
Cost of Revenue145.80M155.20M177.40M205.10M212.80M210.40M243.40M60.00M56.90M41.80M25.50M50.47M56.14M77.87M85.92M88.62M109.70M110.24M121.82M136.85M157.75M164.23M163.54M170.81M199.88M227.96M264.28M319.74M414.42M454.90M511.92M590.97M595.81M927.49M1.13B1.17B1.26B1.31B
Gross Profit33.40M34.20M40.20M61.30M73.40M72.00M114.50M80.60M71.50M34.60M25.00M57.93M37.06M40.02M47.98M56.83M62.57M60.22M73.49M82.95M107.35M126.06M125.09M138.58M163.42M188.69M228.82M271.28M341.62M386.00M423.36M495.45M520.85M664.79M722.50M786.47M876.13M1.03B
Gross Margin18.64%18.06%18.47%23.01%25.65%25.50%31.99%57.33%55.69%45.29%49.50%53.44%39.76%33.95%35.84%39.07%36.32%35.33%37.63%37.74%40.49%43.43%43.34%44.79%44.98%45.29%46.41%45.90%45.19%45.92%45.27%45.60%46.64%41.75%39.05%40.30%40.98%44.05%
Operating Expense34.70M37.10M35.30M57.90M66.70M68.60M116.20M78.10M84.00M34.00M20.00M49.17M42.49M37.73M37.24M41.32M45.45M46.24M51.57M56.17M70.21M81.27M83.45M92.06M106.85M122.26M134.00M157.34M210.31M223.24M270.87M339.09M347.92M458.96M506.25M567.93M576.61M669.61M
Operating Income-1.30M-2.90M4.90M3.40M6.70M3.40M-1.70M2.50M-12.50M600.00K5.00M8.76M-5.43M2.29M10.74M15.51M17.12M13.98M21.91M26.78M37.14M44.78M41.64M46.52M56.58M66.42M94.82M113.94M131.31M162.76M152.49M156.37M172.93M205.84M216.25M218.54M299.53M357.68M
Operating Margin-0.73%-1.53%2.25%1.28%2.34%1.20%-0.47%1.78%-9.74%0.79%9.90%8.08%-5.83%1.94%8.02%10.66%9.94%8.20%11.22%12.18%14.01%15.43%14.43%15.04%15.57%15.94%19.23%19.28%17.37%19.36%16.30%14.39%15.49%12.93%11.69%11.20%14.01%15.34%
EBITDA7.40M5.90M13.60M13.80M17.70M14.00M11.10M1.30M-6.70M-2.90M2.26M7.98M4.25M13.20M19.26M24.91M29.04M24.07M32.96M39.79M44.33M56.84M50.69M54.79M66.58M79.61M109.07M128.00M181.61M216.76M216.67M236.51M256.70M328.12M388.01M392.63M466.47M543.18M
EBITDA Margin4.13%3.12%6.25%5.18%6.18%4.96%3.10%0.92%-5.22%-3.79%4.47%7.36%4.56%11.20%14.38%17.12%16.86%14.12%16.87%18.10%16.72%19.58%17.56%17.71%18.33%19.11%22.12%21.66%24.02%25.78%23.17%21.77%22.99%20.61%20.97%20.12%21.82%23.29%
Net Income21.00M1.40M3.60M1.20M3.20M-2.30M-4.70M-17.00M-61.30M-3.30M-8.40M-2.82M-24.60M269.00K7.99M26.40M10.13M8.19M14.36M17.50M14.86M27.01M25.05M27.56M32.99M39.10M58.94M64.87M109.86M163.94M147.46M146.53M194.82M161.46M164.24M165.92M263.03M315.60M
Net Income Margin11.72%0.74%1.65%0.45%1.12%-0.81%-1.31%-12.09%-47.74%-4.32%-16.63%-2.61%-26.39%0.23%5.97%18.15%5.88%4.81%7.35%7.96%5.61%9.30%8.68%8.91%9.08%9.38%11.95%10.98%14.53%19.50%15.77%13.49%17.45%10.14%8.88%8.50%12.30%13.53%
R&D------------973.00K412.00K611.00K1.10M2.50M2.40M3.30M4.44M7.29M11.16M13.97M16.41M20.14M23.27M25.74M29.92M43.15M47.32M63.26M81.34M88.36M93.48M105.18M109.58M117.94M204.59M
R&D as % of Total Revenue------------1.04%0.35%0.46%0.76%1.45%1.41%1.69%2.02%2.75%3.84%4.84%5.31%5.54%5.58%5.22%5.06%5.71%5.63%6.76%7.49%7.91%5.87%5.68%5.61%5.52%8.77%
Interest Expense--------00000000192.00K000000000002.00M002.03M1.01M23.30M28.38M23.63M5.93M5.00M
Interest Expense % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.26%0.00%0.00%0.19%0.09%1.46%1.53%1.21%0.28%0.21%

Balance Sheet

Currency: USD1988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets277.10M188.10M153.70M167.10M174.50M173.90M249.20M128.60M62.90M54.90M150.10M272.54M152.71M147.18M169.84M182.25M190.49M194.44M220.28M241.51M251.76M270.67M264.03M295.39M338.31M444.49M573.98M1.36B1.36B1.59B1.79B2.19B2.61B4.73B4.69B4.68B5.18B5.64B
Total Liabilities225.50M70.80M36.10M47.70M52.20M55.90M138.90M35.20M30.90M23.50M73.80M133.63M56.58M46.30M51.19M64.33M72.09M82.24M94.40M104.30M137.50M136.31M157.06M217.28M193.02M198.17M237.01M497.71M442.42M422.50M466.12M574.56M621.16M2.41B2.06B1.74B1.79B1.94B
Total Equity51.60M117.30M117.60M119.40M122.30M118.00M110.30M93.40M32.00M31.40M76.30M138.90M96.12M100.88M118.66M117.91M118.40M112.20M125.88M137.21M114.26M134.36M106.97M78.11M145.30M246.32M336.97M858.86M915.52M1.17B1.32B1.62B1.99B2.32B2.62B2.94B3.39B3.70B
Cash2.60M1.00M17.30M10.30M12.10M18.00M2.00M3.20M15.80M8.90M1.60M2.42M8.93M5.27M13.74M10.27M12.57M20.73M17.21M9.64M1.76M9.70M2.11M1.33M6.41M78.88M206.17M33.09M36.15M185.93M134.28M232.68M603.62M309.17M173.86M165.49M744.72M1.02B
Total Debt188.70M33.00M----63.50M---39.10M71.19M8.10M3.03M2.55M-----8.00M-26.50M60.70M18.00M--66.00M10.00M--23.21M22.18M1.39B1.05B696.89M638.37M675.96M
Net Debt186.10M32.00M-17.30M-10.30M-12.10M-18.00M61.50M-3.20M-15.80M-8.90M37.50M68.77M-830.00K-2.24M-11.19M-10.27M-12.57M-20.73M-17.21M-9.64M6.24M-9.70M24.39M59.37M11.59M-78.88M-206.17M32.91M-26.15M-185.93M-134.28M-209.47M-581.44M1.08B872.32M531.40M-106.35M-339.44M

Cash Flow

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-700.00K21.60M11.60M18.30M-2.60M15.90M7.30M-6.80M2.10M654.00K-6.44M12.74M19.84M22.54M22.16M21.19M26.80M34.11M47.80M42.94M35.35M56.44M58.67M66.09M123.44M89.01M191.86M195.75M250.20M254.72M355.09M371.75M381.45M380.44M624.63M653.54M
Investing Cash Flow-13.80M-29.20M-9.50M-10.20M-73.90M48.10M5.20M-2.30M-36.70M-24.74M65.40M-9.71M-7.97M-590.00K-9.91M1.82M-24.33M-34.27M-9.55M-13.66M-8.69M-28.81M-34.74M-25.66M-11.55M-398.46M-50.72M-85.39M-238.25M-245.01M-98.32M-2.09B-172.53M-76.96M-67.61M-222.49M
Financing Cash Flow30.80M600.00K-300.00K-2.10M60.50M-62.70M-2.50M27.90M24.95M-52.02M-5.98M-3.40M-25.42M-9.94M-14.85M-6.00M-7.41M-46.13M-21.35M-34.24M-28.41M-18.85M32.04M15.41M136.37M-138.07M39.41M-63.59M88.70M114.17M1.42B-344.24M-311.84M22.21M-160.37M
Capital Expenditure14.10M5.10M8.80M10.90M14.00M2.10M3.60M6.90M39.50M6.54M4.85M4.45M9.72M1.80M2.27M1.73M4.32M3.85M30.16M12.35M4.93M12.28M9.10M26.86M9.34M12.50M37.73M43.06M27.42M42.04M28.47M55.61M50.15M53.01M20.54M16.02M
Free Cash Flow-14.80M16.50M2.80M7.40M-16.60M13.80M3.70M-13.70M-37.40M-5.89M-11.28M8.29M10.13M20.74M19.89M19.45M22.48M30.27M17.65M30.59M30.42M44.16M49.57M39.23M114.09M76.51M154.13M152.70M222.78M212.68M326.62M316.14M331.30M327.43M604.10M637.53M
Dividends Paid400.00K--------------------0000000---109.87M14.87M---
FCF to OCF2114.29%76.39%24.14%40.44%638.46%86.79%50.68%201.47%-1780.95%-900.76%175.30%65.05%51.03%92.03%89.77%91.82%83.87%88.73%36.92%71.23%86.05%78.24%84.49%59.36%92.43%85.96%80.34%78.00%89.04%83.50%91.98%85.04%86.85%86.07%96.71%97.55%
Dividend Paid to FCF-2.70%--------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%---34.75%4.49%---

Earnings

Report DateJan 29, 1993Apr 21, 1993Jul 23, 1993Jan 28, 1994Jul 22, 1994Jan 27, 1995Apr 19, 1995Mar 31, 1998Jun 30, 1998Dec 31, 1998Mar 31, 1999Aug 13, 1999Nov 12, 1999Dec 31, 1999Apr 5, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Nov 8, 2001Mar 6, 2002May 8, 2002Aug 2, 2002Oct 31, 2002Feb 27, 2003May 1, 2003Jul 31, 2003Oct 29, 2003Feb 25, 2004Apr 28, 2004Jul 28, 2004Oct 27, 2004Mar 9, 2005Apr 27, 2005Jul 27, 2005Oct 26, 2005Mar 1, 2006Apr 26, 2006Jul 26, 2006Oct 25, 2006Feb 28, 2007Apr 25, 2007Jul 25, 2007Oct 24, 2007Feb 27, 2008Apr 23, 2008Jul 24, 2008Oct 27, 2008Feb 25, 2009Apr 27, 2009Jul 29, 2009Oct 28, 2009Feb 24, 2010Apr 28, 2010Jul 28, 2010Oct 27, 2010Feb 23, 2011Apr 28, 2011Jul 27, 2011Oct 26, 2011Feb 22, 2012Apr 25, 2012Jul 25, 2012Oct 24, 2012Feb 6, 2013Apr 24, 2013Jul 24, 2013Oct 23, 2013Feb 5, 2014Apr 23, 2014Jul 23, 2014Oct 22, 2014Feb 4, 2015Apr 22, 2015Jul 22, 2015Oct 21, 2015Feb 17, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Feb 8, 2017Apr 26, 2017Jul 26, 2017Oct 25, 2017Feb 21, 2018May 2, 2018Jul 26, 2018Oct 31, 2018Feb 20, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 12, 2020Apr 29, 2020Jul 29, 2020Nov 4, 2020Feb 10, 2021Apr 28, 2021Jul 28, 2021Oct 27, 2021Feb 16, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Feb 15, 2023Apr 26, 2023Jul 26, 2023Nov 1, 2023Feb 14, 2024Apr 24, 2024Jul 24, 2024Oct 23, 2024Feb 12, 2025Apr 23, 2025Jul 30, 2025Oct 29, 2025Feb 11, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate-0.050.020.060.15-0.010.18-0.05----0.050.05-0.06-----0.010.010.020.030.040.050.030.040.070.070.050.060.080.060.060.020.060.060.060.070.090.090.080.090.130.140.080.120.140.160.120.180.180.180.140.160.210.180.170.180.220.250.200.240.280.290.310.360.390.400.400.450.510.540.560.610.660.660.770.840.900.880.890.941.021.041.121.131.231.261.221.291.361.431.251.201.331.421.321.611.771.741.701.821.861.751.691.891.991.862.002.312.432.442.562.782.862.733.012.372.70
EPS Actual0.00-0.040.070.02-0.020.20-0.070.010.04-0.310.030.050.03-0.13-0.04-0.09-0.05-0.03-0.010.010.010.000.010.030.040.050.020.040.070.080.050.070.060.070.010.070.060.070.050.090.110.100.060.090.120.150.080.170.200.170.160.190.200.180.130.170.190.210.170.170.230.270.170.220.330.280.340.360.420.390.430.520.590.540.590.650.710.590.810.870.940.900.900.911.051.071.131.181.231.261.221.301.351.431.251.381.501.391.431.832.011.751.901.882.061.661.762.012.141.892.202.402.522.432.782.912.972.643.092.28-
Surprise100.00%-300.00%16.67%-86.67%-100.00%11.11%-40.00%----0.00%-40.00%--166.67%-----0.00%-58.00%-50.00%0.00%0.00%0.00%-33.33%0.00%0.00%14.29%0.00%16.67%-25.00%16.67%-83.33%250.00%0.00%16.67%-16.67%28.57%22.22%11.11%-25.00%0.00%-7.69%7.14%0.00%41.67%42.86%6.25%33.33%5.56%11.11%0.00%-7.14%6.25%-9.52%16.67%0.00%-5.56%4.55%8.00%-15.00%-8.33%17.86%-3.45%9.68%0.00%7.69%-2.50%7.50%15.56%15.69%0.00%5.36%6.56%7.58%-10.61%5.19%3.57%4.44%2.27%1.12%-3.19%2.94%2.88%0.89%4.42%0.00%0.00%0.00%0.78%-0.74%0.00%0.00%15.00%12.78%-2.11%8.33%13.66%13.56%0.57%11.76%3.30%10.75%-5.14%4.14%6.35%7.54%1.61%10.00%3.90%3.70%-0.23%8.59%4.68%3.85%-3.30%2.66%-3.80%-
Timing--------------------Pre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap13.33B
Enterprise Value14.04B
Trailing P/E42.73
Forward P/E23.70
PEG Ratio1.52
Price / Sales5.49
Price / Book4.46
EPS7.62
Book Value74.20
Revenue (TTM)2.43B
Gross Profit (TTM)1.15B
EBITDA458.52M
Profit Margin13.36%
Operating Margin14.74%
Return on Equity9.73%
Return on Assets4.18%
Shares Outstanding40.95M
Shares Float38.01M
Beta0.83
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 19 analystsTarget 426.64
  • Strong Buy
    7
  • Buy
    8
  • Hold
    4

Ownership Breakdown

Institutions
108.37%
Insiders
0.52%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    4.34M10.60%
  • Vanguard Capital Management, LLC
    2.79M6.81%
  • NORGES BANK
    2.67M6.53%
  • Vanguard Portfolio Management, LLC
    2.41M5.88%
  • T. Rowe Price Investment Management,Inc.
    2.06M5.03%
  • Principal Financial Group Inc
    2.03M4.95%
  • Morgan Stanley - Brokerage Accounts
    1.94M4.73%
  • State Street Corp
    1.94M4.73%
  • Van Eck Associates Corporation
    1.36M3.32%
  • Geode Capital Management, LLC
    1.27M3.10%
  • Apg All Pensions Group
    939.99K2.30%
  • APG Asset Management
    939.99K2.30%
  • Amvescap Plc.
    857.04K2.09%
  • Artisan Partners Limited Partnership
    704.63K1.72%

Top Fund Holders

  • Principal MidCap R5
    1.37M3.34%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.34M3.28%
  • Vanguard 500 Index Investor
    1.12M2.73%
  • T. Rowe Price Mid-Cap Growth
    972.46K2.37%
  • Vanguard Small Cap Index
    970.29K2.37%
  • VanEck Morningstar Wide Moat ETF
    826.88K2.02%

Dividends

19981×
0.01Jan 26, 1998
19901×
0.01Jan 31, 1990
19893×
0.01Nov 2, 19890.01Apr 26, 19890.01Feb 1, 1989
19885×
0.01Nov 3, 19883.33Aug 22, 19880.04Aug 9, 19880.04Apr 27, 19880.04Feb 3, 1988
19874×
0.04Oct 29, 19870.03Jul 29, 19870.03Apr 29, 19870.03Feb 4, 1987

Stock Splits

  • May 15, 19903:1
  • Apr 12, 19852:1