Tyler Technologies Inc
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- Market Cap.:
- $16.31 billion
- Book Value:
- Revenue TTM:
- $1.90 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $783.86 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Tyler Technologies Inc had its IPO on 1987-12-30 under the ticker symbol TYL.
The company operates in the Technology sector and Software-Application industry. Tyler Technologies Inc has a staff strength of 7,247 employees.
Shares of Tyler Technologies Inc opened at $384.35 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $380.94 - $388.05, and closed at $382.31.
This is a -1.38% slip from the previous day's closing price.
A total volume of 137,117 shares were traded at the close of the day’s session.
In the last one week, shares of Tyler Technologies Inc have slipped by -3.62%.
Tyler Technologies Inc's Key Ratios
Tyler Technologies Inc has a market cap of $16.31 billion, indicating a price to book ratio of 5.4698 and a price to sales ratio of 7.3394.
In the last 12-months Tyler Technologies Inc’s revenue was $1.90 billion with a gross profit of $783.86 million and an EBITDA of $316.92 million. The EBITDA ratio measures Tyler Technologies Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Tyler Technologies Inc’s operating margin was 11.13% while its return on assets stood at 2.81% with a return of equity of 6.29%.
In Q2, Tyler Technologies Inc’s quarterly earnings growth was a positive 22.3% while revenue growth was a positive 7.6%.
Tyler Technologies Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $3.88 per share while it has a forward price to earnings multiple of 41.841 and a PEG multiple of 3.0162. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Tyler Technologies Inc’s profitability.
Tyler Technologies Inc stock is trading at a EV to sales ratio of 8.1049 and a EV to EBITDA ratio of 39.343. Its price to sales ratio in the trailing 12-months stood at 7.3394.
Tyler Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $4.64 billion
- Total Liabilities
- $854.22 million
- Operating Cash Flow
- Capital Expenditure
- $14.02 million
- Dividend Payout Ratio
Tyler Technologies Inc ended 2023 with $4.64 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.64 billion while shareholder equity stood at $2.77 billion.
Tyler Technologies Inc ended 2023 with $0 in deferred long-term liabilities, $854.22 million in other current liabilities, 481000.00 in common stock, $1.52 billion in retained earnings and $2.49 billion in goodwill. Its cash balance stood at $118.76 million and cash and short-term investments were $137.86 million. The company’s total short-term debt was $41,381,000 while long-term debt stood at $243.73 million.
Tyler Technologies Inc’s total current assets stands at $856.88 million while long-term investments were $8.31 million and short-term investments were $19.10 million. Its net receivables were $638.73 million compared to accounts payable of $245.09 million and inventory worth $0.
In 2023, Tyler Technologies Inc's operating cash flow was $108000.00 while its capital expenditure stood at $14.02 million.
Comparatively, Tyler Technologies Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Tyler Technologies Inc stock is currently trading at $382.31 per share. It touched a 52-week high of $426.83 and a 52-week low of $426.83. Analysts tracking the stock have a 12-month average target price of $442.48.
Its 50-day moving average was $394.45 and 200-day moving average was $361.19 The short ratio stood at 3.3 indicating a short percent outstanding of 0%.
Around 92.3% of the company’s stock are held by insiders while 9459.8% are held by institutions.
Frequently Asked Questions About Tyler Technologies Inc
Similar Industry Stocks (Software-Application)
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software, and Platform Technologies. The company offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; student information and transportation solutions for K-12 schools; and financial management systems. It also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, the company offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. Tyler Technologies, Inc. was founded in 1966 and is headquartered in Plano, Texas.