Stock Analysis
Tyler Technologies, Inc.TYL
P/E 45.53×· 5Y range 35.85–144.81×· bottom 9% of history
Sector: Technology · Industry: Services-Prepackaged Software
AnalystsStrong Buy28 analystsP/E 45.5× sits at the 9th percentile of its 5.086926762491444-year history.
No reported debt · FY 2022.
PMP Verdict
Strong business, attractive price
Strengths
- Growth85
- Quality65
High-quality business at an attractive price.
Bull Case
- ✓Altman Z 6.1 — safe-zone balance sheet
- ✓Revenue CAGR 10.0% — durable top-line growth
- ✓Interest coverage 79.1× — debt well covered
- ✓P/E 45.5× at bottom 9% of 5-year history
What's happening with TYL
Profile
Strong growth.
How is each axis scored?
- Valuation59/100 · Moderate
- P/E vs own history (9th pct)25/25
- FCF yield (4.9%)12/25
- P/S (6.0x)12/25
- EV/EBIT (n/a)10/25
- Growth85/100 · Strong
- Revenue CAGR (10.0%)20/25
- Net income CAGR (18.2%)20/25
- EPS CAGR 5Y (17.2%)20/25
- Fwd implied growth (62.5%)25/25
- Profitability64/100 · Moderate
- ROIC (11.2%)12/25
- ROE (8.8%)12/25
- Net margin (13.4%)20/25
- Operating margin (15.1%)20/25
- Financial Health62/100 · Moderate
- Altman Z (6.12)25/25
- Current ratio (1.05)12/25
- Interest coverage (79.1x)25/25
- Net cash / debt (n/a)0/25
- Quality65/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.59)25/25
- FCF conversion (220%)25/25
- Margin stability (σ 3564.2%)0/25
- Moat63/100 · Moderate
- ROIC >12% years (1/10 yrs)0/25
- Median gross margin (46.7%)20/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 8.5%)18/25
Risk Flags
- ⚠SBC 6.4% of revenue — real dilution cost
About Tyler Technologies, Inc.
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. Show more
The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
Headquarters: PLANO, TX · Employees: 7,879 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
59CP/E (TTM)45.2xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 35.8x–144.8x · 9th pct
P/FCF21.0xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.9%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.4%–6.1% · 91st pct
P/S (TTM)6.03xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 4.8x–16.1x · 9th pct
EV/EBITDA36.0xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 5Y history: 31.5x–127.3x · 17th pct
EV/Sales6.3xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E27.8xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.96xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio5.87D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
64BROIC11.2%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE8.8%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA6.0%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin13.4%A
Grade A: HighNet Income / Revenue
Operating Margin15.1%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin47.2%C
Grade C: AverageGross Profit / Revenue
FCF Margin29.4%A
Grade A: HighFCF / Revenue
True FCF Margin23.0%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
85ARevenue CAGR10.0%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR18.2%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)17.2%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth62.5%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-3.0%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income48.1%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue6.4%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
62BAltman Z-Score6.12A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.05xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.48xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage79.1xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.46xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
65BPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.59A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion220.0%A
Grade A: StrongFCF / Net Income
Margin Stability3564.2%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue0.7%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.45xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Puckett Jeffrey David Filed | Puckett Jeffrey David | Grant / award | +16 | |
MOORE H LYNN JR Filed | MOORE H LYNN JR | Option exercise | -9250 | |
MOORE H LYNN JR Filed | MOORE H LYNN JR | SellOpen market sale | -9250 | |
MOORE H LYNN JR Filed | MOORE H LYNN JR | Option exercise | +9.3K | |
Puckett Jeffrey David Filed | Puckett Jeffrey David | Option exercise | -8500 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Puckett Jeffrey David Filed | Puckett Jeffrey David | SellOpen market sale | -8500 | |
Puckett Jeffrey David Filed | Puckett Jeffrey David | Option exercise | +8.5K | |
Puckett Jeffrey David Filed | Puckett Jeffrey David | Grant / award | +15 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
63BROIC >12% Years1/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)46.7%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor8.5%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$7.93
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$23.70
Cash & short-term investments per share (Finnhub)
Book Value / Share$74.20
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$1.10B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$3.70B
Shareholders' equity (book value)
Asset / Liability2.91xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$14.66B
Current Market Capitalization
Beta0.78B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Tyler Technologies, Inc. (TYL)
TYL is down 0.76% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Tyler Technologies, Inc.. Altman Z-Score of 6.12 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Beneish M-Score of -2.59 suggests a low likelihood of earnings manipulation.
- Tyler Technologies, Inc. converts about 29% of revenue into free cash flow — strong cash generation.
See how TYL ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all TYL moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 364.51 | +4.11% | 2.38 |
| Oct 15 | After-hours | 363.62 | +3.86% | 2.23 |
| Oct 12 | Pre-market | 340.68 | +3.38% | 2.57 |
| Oct 12 | Regular | 338.43 | +2.69% | 2.12 |
| Oct 12 | After-hours | 339.94 | +3.15% | 2.42 |
Frequently Asked Questions about TYL
What is the current Tyler Technologies, Inc. (TYL) stock price?
TYL is trading at $360.87 at the last market close, down 0.76% on the session. PreMarketPrice tracks TYL pre-market, intraday and after-hours prices.
Is TYL stock a buy right now?
PreMarketPrice's quantitative model rates Tyler Technologies, Inc.'s financial health at 62/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is TYL stock overvalued?
Tyler Technologies, Inc. trades at a trailing P/E of 45.2 and our valuation score rates it 59/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Tyler Technologies, Inc. report earnings?
No confirmed earnings date is currently scheduled for TYL. The Earnings section lists recent reports and updates as dates are announced.
What sector does Tyler Technologies, Inc. operate in?
Tyler Technologies, Inc. operates in the Technology sector, within the Services-Prepackaged Software industry. The Related Stocks section lists sector peers for comparison.
What does Tyler Technologies, Inc. do?
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities.
About Tyler Technologies, Inc. (TYL) Stock
Tyler Technologies, Inc. (TYL) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry. As of the latest update, Tyler Technologies, Inc. is trading at $360.87, down 0.76% on the day with a market capitalization of $14.7 billion. The financial health score for TYL is 62/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for TYL stock.
TYL Stock Analysis & Key Metrics
On PreMarketPrice, you can track Tyler Technologies, Inc. (TYL) across multiple dimensions:
- Pre-market price & movement: Real-time TYL stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for TYL with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Tyler Technologies, Inc. across multiple reporting periods.
- Financial health score: A composite score of 62/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for TYL.
- Sector peers: Compare TYL against 6 other technology stocks on key financial metrics.
Is TYL a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Tyler Technologies, Inc. (TYL) as an investment. The financial health score of 62/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Tyler Technologies, Inc. (TYL) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.