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Information Technology · S&P 500 · data as of 2026-10-05

TYL stock analysis: Tyler Technologies

Tyler Technologies (TYL) is an S&P 500 company in Application Software. It grades weakest on profitability, growth and momentum.

The model's view of TYL · subscribers

Where TYL ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with TYL · updated 2026-10-05 · from prices and SEC filings

TYL price performance

TYL against the S&P 500, one year
-40%-20%+0%+20%S&P 500 +18%TYL -38%2025-09-292026-10-05
Year to date-27.7%S&P 500 +14.5% · behind by 42.2 pts
1 year-34.7%S&P 500 +17.0% · behind by 51.7 pts
3 years-14.0%S&P 500 +89.3% · behind by 103.3 pts
5 years-28.5%S&P 500 +91.3% · behind by 119.8 pts

Total returns with dividends reinvested.

TYL factor grades

Each grade compares TYL with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 43.5x (industry 25.5x)FCF yield 5.3% (industry 5.6%)
D+GrowthRevenue growth +8% (industry +14%)EPS growth +8% (industry +35%)
C-ProfitabilityOperating margin 15.1% (industry 26.2%)ROIC 8.0% (industry 19.7%)
DMomentum12-month change -35%From 52-wk high -37%

TYL in plain numbers

TYL key statistics

SectorInformation Technology
IndustryApplication Software
IndexS&P 500
Market value$13.4B
Revenue growth (y/y)+8%
Free-cash-flow yield5.3%
Dividend yieldn/a
Next earnings (expected)2026-10-28
Valuation measures
Market value$13.4B
Enterprise value$14.0B
P/E (trailing)43.5x
Forward P/E (Torvanta estimate)39.0x
PEG (Torvanta estimate)3.39
Price / sales5.5x
Price / book4.4x
EV / revenue5.8x
EV / EBITDA27.3x
Financial highlights
Revenue, last 12 months$2.4B
Net income, last 12 months$324.6M
EPS, last 12 months (GAAP)$7.54
Gross margin47.2%
Operating margin15.1%
Net margin13.4%
Return on equity9.7%
Return on invested capital8.0%
Cash$895.4M
Total debt$1.4B
Debt / equity0.47x
Free cash flow, last 12 months$714.3M
Interest cover56.4x
Current ratio1.55x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

TYL earnings trends

Revenue vs earnings
$0$161.3M$322.5M$483.8M$645.1MSep 2024 Revenue: $543.3MDec 2024 Revenue: $541.1MMar 2025 Revenue: $565.2MJun 2025 Revenue: $596.1MSep 2025 Revenue: $595.9MDec 2025 Revenue: $575.2MMar 2026 Revenue: $613.5MJun 2026 Revenue: $645.1MSep 2024 Net income: $75.9MDec 2024 Net income: $65.2MMar 2025 Net income: $81.1MJun 2025 Net income: $84.6MSep 2025 Net income: $84.4MDec 2025 Net income: $65.5MMar 2026 Net income: $81.2MJun 2026 Net income: $93.5MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 14.0%Net margin: 12.1%Net margin: 14.3%Net margin: 14.2%Net margin: 14.2%Net margin: 11.4%Net margin: 13.2%Net margin: 14.5%0%7%14%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.6$1.1$1.7$2.2Sep 2024 EPS (GAAP, diluted): $1.7Dec 2024 EPS (GAAP, diluted): $1.5Mar 2025 EPS (GAAP, diluted): $1.8Jun 2025 EPS (GAAP, diluted): $1.9Sep 2025 EPS (GAAP, diluted): $1.9Dec 2025 EPS (GAAP, diluted): $1.5Mar 2026 EPS (GAAP, diluted): $1.9Jun 2026 EPS (GAAP, diluted): $2.2Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +11% · Dec 2025 +1% · Mar 2026 +2% · Jun 2026 +16%

From the company's 10-Q and 10-K filings with the SEC.

Tyler Technologies financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$1.6B$1.9B$2.0B$2.1B$2.3B
Net income$161.5M$164.2M$165.9M$263.0M$315.6M
EPS (GAAP)$3.82$3.87$3.89$6.06$7.20
Free cash flow$337.8M$358.9M$359.9M$604.1M$637.5M

TYL earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-29$2.23+16%+8%-3.1%
2026-04-29$1.88+2%+9%-0.8%
2026-02-11$1.50+1%+6%-18.8%
2025-10-29$1.93+11%+10%-5.3%
2025-07-30$1.93+23%+10%+6.3%
2025-04-23$1.84+46%+10%-9.6%

About Tyler Technologies

HeadquartersPlano, TX
Industry (SEC code)Services-Prepackaged Software
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE
FormerlyTYLER CORP /NEW/

From the company's SEC registration record.

Companies similar to TYL

CompanyMarket valueP/ERevenue growthOperating margin12-month change
TYL Tyler Technologies$13.4B43.5x+8%15.1%-35%
TRMB Trimble$13.7Bn/a+6%17.0%-27%compare
FICO Fair Isaac$14.9B19.9x+24%51.7%-63%compare
PTC PTC Inc$20.9B18.7x+19%37.8%-5%compare
ADSK Autodesk$46.3B28.7x+18%26.2%-31%
WDAY Workday$46.5B38.3x+13%10.7%-20%
INTU Intuit$76.1B17.2x+14%27.4%-58%

All Information Technology stock ratings

Frequently asked questions

Is TYL stock a buy?

Torvanta does not tell individuals what to buy. Its grades for TYL are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is TYL's P/E ratio?

TYL trades at about 43.5 times its last 12 months of GAAP earnings reported to the SEC, and about 39.0 times Torvanta's own estimate of the next 12 months.

When does TYL report earnings next?

Based on its filing history, Torvanta expects Tyler Technologies to report around 2026-10-28.

How has TYL performed against the S&P 500?

Over the past year TYL returned -34.7%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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