Is Tyler Technologies (TYL) overvalued or fairly valued?

MarketChacha shows Tyler Technologies's valuation in context — a trailing P/E of about 45.7, a forward P/E of about 24.0, a price-to-book of about 5.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Tyler Technologies's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.23×) from reported figures — education, not a rating.

What is Tyler Technologies's revenue?

Tyler Technologies reported revenue of $2.3B for FY2025, with net profit of $315.6M, per official filings.

What is the share price of Tyler Technologies (TYL)?

Tyler Technologies last traded at $364.03 (-4.0% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Tyler Technologies

TYL · NYSE · Technology · United States

Snapshot

TickerTYL

ExchangeNYSE

SectorTechnology

IndustrySoftware - Application

CountryUnited States

Employees7,879

HeadquartersPlano, United States

Websitewww.tylertech.com

Filings tracked20

About Tyler Technologies

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.

Who owns it

Insiders0.5%
Institutions99.5%
Public & other0.0%

1,095 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.9.43%
Vanguard Capital Management LLC6.73%
NORGES BANK6.53%
Vanguard Portfolio Management LLC5.17%
State Street Corporation4.98%
Principal Financial Group, Inc.4.95%
T. Rowe Price Investment Management, Inc.4.49%
Morgan Stanley3.92%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.23×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend8.5% → 13.5%

Margin has expanded by about 5.0 points — the business is getting more profitable.

Growth qualityrev 9% · PAT 38%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $644.2M · EPS 3.42

Est. earnings growth +29.6%

Next fiscal year

Rev $2.8B · EPS 15.35

Est. earnings growth +17.2%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$2.3B

Net margin

13.5%

ROE

8.5%

Revenue CAGR (2y)

+9.3%

Profit CAGR (2y)

+37.9%

EPS (FY2025)

7.20

Net profit (FY2025)

$315.6M

Ask MarketChacha about TYL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$2.3B	$315.6M	7.20	13.5%	8.5%
FY2024	$2.1B	$263.0M	6.05	12.3%	7.8%
FY2023	$2.0B	$165.9M	3.88	8.5%	5.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$645.1M	$93.5M	2.23	14.5%
2026Q1	$613.5M	$81.2M	1.88	13.2%
2025Q3	$595.9M	$84.4M	1.93	14.2%
2025Q2	$596.1M	$84.6M	1.93	14.2%
2025Q1	$565.2M	$81.1M	1.84	14.3%
2024Q3	$543.3M	$75.9M	1.74	14.0%
2024Q2	$541.0M	$67.7M	1.57	12.5%
2024Q1	$512.4M	$54.2M	1.26	10.6%
2023Q3	$494.7M	$47.0M	1.10	9.5%
2023Q2	$504.3M	$49.1M	1.15	9.7%
2023Q1	$471.9M	$30.9M	0.73	6.5%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Other events
SEC7/29/2026material
10-Q filing
SEC7/29/2026
8-K — Other events
SEC6/12/2026material
8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC5/29/2026material
8-K — Material agreement, Material financial obligation, Unregistered equity sale, Other events, Exhibits
SEC5/14/2026material
8-K — Other events, Exhibits
SEC5/12/2026material
8-K — Other events, Exhibits
SEC5/11/2026material
8-K — Shareholder vote results, Exhibits
SEC5/5/2026material
8-K — Results of operations
SEC4/29/2026material
10-Q filing
SEC4/29/2026
8-K — Reg FD disclosure, Exhibits
SEC4/20/2026material
8-K — Other events, Exhibits
SEC3/13/2026material
10-K filing
SEC2/18/2026
8-K — Results of operations
SEC2/11/2026material
8-K — Other events, Exhibits
SEC2/4/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/3/2026material

2025

8-K — Results of operations
SEC10/29/2025material
10-Q filing
SEC10/29/2025
8-K — Results of operations
SEC7/30/2025material
10-Q filing
SEC7/30/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.