TYL - Tyler Technologies Inc Stock Price, Fair Value and News

481.69USD+0.31 (+0.06%)Market Closed

Market Summary

USD481.69+0.31

Market Closed

0.06%

TYL Alerts

2 major insider sales recently.

Big jump in Earnings (Y/Y)

TYL Stock Price

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TYL RSI Chart

TYL Valuation

Market Cap

20.5B

Price/Earnings (Trailing)

108.08

Price/Sales (Trailing)

10.26

EV/EBITDA

57.26

Price/Free Cashflow

58.13

TYL Price/Sales (Trailing)

TYL Profitability

EBT Margin

11.36%

Return on Equity

6.26%

Return on Assets

4.11%

Free Cashflow Yield

1.72%

TYL Fundamentals

TYL Revenue

Revenue (TTM)

2.0B

Rev. Growth (Yr)

8.58%

Rev. Growth (Qtr)

6.53%

TYL Earnings

Earnings (TTM)

189.2M

Earnings Growth (Yr)

75.45%

Earnings Growth (Qtr)

39.24%

Breaking Down TYL Revenue

How does TYL drawdown profile look like?

TYL Financial Health

Current Ratio

0.94

Debt/Equity

0.2

Debt/Cashflow

0.63

TYL Investor Care

Shares Dilution (1Y)

1.26%

Diluted EPS (TTM)

4.42

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.0B	0	0	0
2023	1.9B	1.9B	1.9B	2.0B
2022	1.8B	1.8B	1.8B	1.9B
2021	1.1B	1.3B	1.4B	1.6B
2020	1.1B	1.1B	1.1B	1.1B
2019	961.2M	1.0B	1.0B	1.1B
2018	862.3M	889.6M	911.0M	935.3M
2017	776.5M	796.3M	816.5M	840.9M
2016	635.3M	678.0M	721.7M	756.0M
2015	515.4M	537.4M	559.5M	591.0M
2014	433.5M	454.8M	476.4M	493.1M
2013	376.4M	388.1M	401.3M	416.6M
2012	318.7M	333.4M	350.0M	363.3M
2011	292.2M	296.3M	299.8M	309.4M
2010	290.8M	291.2M	291.7M	292.2M
2009	0	0	0	290.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Tyler Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	miller brian k	sold	-1,242,110	465	-2,671	executive vp and cfo
Apr 29, 2024	cline brenda a	acquired	734,600	146	5,000	-
Apr 29, 2024	cline brenda a	sold	-2,294,160	458	-5,000	-
Apr 29, 2024	womble dustin r	gifted	-	-	-9,499	-
Mar 28, 2024	miller brian k	acquired	17,163	361	47.5101	executive vp and cfo
Mar 28, 2024	puckett jeffrey david	acquired	4,374	361	12.1104	chief operating officer
Mar 13, 2024	marr john s jr	sold	-3,293,030	424	-7,750	executive chair of the board

Which funds bought or sold TYL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Smithfield Trust Co	unchanged	-	1,000	23,000	-%
May 07, 2024	Redmond Asset Management, LLC	reduced	-0.24	23,903	1,732,340	0.55%
May 07, 2024	Swiss National Bank	reduced	-4.18	-1,430,830	53,593,800	0.04%
May 07, 2024	ASSETMARK, INC	added	16.98	478,170	3,007,800	0.01%
May 07, 2024	THOROUGHBRED FINANCIAL SERVICES, LLC	sold off	-100	-871,000	-	-%
May 07, 2024	FORSTA AP-FONDEN	added	17.33	604,188	3,740,090	0.03%
May 07, 2024	Concurrent Investment Advisors, LLC	reduced	-7.99	-23,373	337,883	0.01%
May 07, 2024	MONTAG A & ASSOCIATES INC	new	-	819	819	-%
May 07, 2024	Reynders McVeigh Capital Management, LLC	reduced	-2.13	-11,000	2,052,000	0.12%
May 07, 2024	Hamilton Point Investment Advisors, LLC	unchanged	-	10,356	638,790	0.12%

Are Funds Buying or Selling TYL?

Are funds buying TYL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TYL

No. of Funds

Unveiling Tyler Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.80%	4,969,048	SC 13G/A
Jan 26, 2024	blackrock inc.	7.7%	3,249,262	SC 13G/A
Feb 09, 2023	vanguard group inc	11.41%	4,752,857	SC 13G/A
Jan 31, 2023	blackrock inc.	7.4%	3,090,957	SC 13G/A
Feb 10, 2022	vanguard group inc	11.07%	4,536,823	SC 13G/A
Jan 27, 2022	blackrock inc.	10.4%	4,243,121	SC 13G/A
Jan 25, 2022	blackrock inc.	10.4%	4,243,121	SC 13G/A
Feb 10, 2021	vanguard group inc	11.09%	4,471,328	SC 13G/A
Jan 27, 2021	blackrock inc.	11.1%	4,483,188	SC 13G/A
Jul 10, 2020	vanguard group inc	11.34%	4,508,634	SC 13G/A

Recent SEC filings of Tyler Technologies Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	144	Notice of Insider Sale Intent
May 07, 2024	144	Notice of Insider Sale Intent
May 07, 2024	4	Insider Trading
May 03, 2024	144	Notice of Insider Sale Intent
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
Apr 29, 2024	144	Notice of Insider Sale Intent
Apr 24, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Tyler Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	270.6B	34.9B	-	-	65.42	7.76	11.18%	1888.46%
UBER	137.9B	37.3B	-	-	73.09	3.7	16.95%	120.64%
ADSK	45.8B	5.3B	-	-	49.91	8.56	9.15%	48.14%
ANSS	28.6B	2.2B	-	-	65.72	12.82	3.59%	-21.47%
ZM	18.4B	4.5B	-	-	28.89	4.07	3.06%	514.65%
MID-CAP
APPF	8.8B	671.8M	-	-	115.49	13.15	33.64%	185.98%
LYFT	6.9B	4.4B	-	-	-20.13	1.56	7.53%	78.52%
ALRM	3.4B	881.7M	-	-	42.65	3.89	4.64%	44.42%
AYX	3.4B	970.0M	-	-	-19.13	3.53	13.46%	43.89%
AI	2.9B	296.4M	-	-	-10.83	9.93	11.14%	-3.59%
AGYS	2.2B	228.1M	-	-	25.27	9.67	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	-	-	92.02	2.88	-1.65%	-71.35%
APPS	217.3M	572.4M	-	-	-1.1	0.38	-19.38%	-489.49%
AEYE	216.8M	31.6M	-	-	-36.93	6.86	2.76%	43.72%
ASUR	186.9M	117.7M	-	-	-18.95	1.59	12.54%	11.24%

Tyler Technologies Inc News

Latest updates

Tyler Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.5%	512	481	495	504	472	452	473	469	456	434	460	404	295	283	286	271	277	289	275	275	247
Gross Profit	5.0%	224	213	225	223	200	193	205	193	192	187	196	182	144	139	144	131	129	142	131	128	116
S&GA Expenses	-8.2%	36.00	40.00	36.00	37.00	37.00	35.00	34.00	32.00	35.00	-170	102	109	79.00	-98.36	67.00	63.00	67.00	70.00	64.00	66.00	58.00
EBITDA Margin	8.6%	0.18*	0.17*	0.16*	0.16*	0.16*	0.17*	0.18*	0.18*	0.17*	0.17*	0.20*	0.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	41.8%	-2.18	-3.75	-5.81	-6.39	-7.68	-8.10	-9.26	-6.21	-4.80	-4.99	-5.40	-12.44	-0.48	-	-0.25	-	-	-	-	-	-
Income Taxes	117.0%	12.00	6.00	12.00	7.00	8.00	3.00	-1.45	11.00	11.00	-11.42	7.00	1.00	1.00	-5.68	11.00	-12.08	-12.67	1.00	0.00	4.00	8.00
Earnings Before Taxes	49.2%	67.00	45.00	59.00	56.00	39.00	34.00	52.00	51.00	51.00	43.00	51.00	26.00	38.00	48.00	50.00	42.00	35.00	48.00	41.00	36.00	35.00
EBT Margin	11.9%	0.11*	0.10*	0.10*	0.09*	0.09*	0.10*	0.11*	0.11*	0.10*	0.10*	0.11*	0.13*	-	-	-	-	-	-	-	-	-
Net Income	39.2%	54.00	39.00	47.00	49.00	31.00	31.00	53.00	40.00	40.00	55.00	44.00	26.00	37.00	54.00	39.00	54.00	48.00	47.00	40.00	32.00	27.00
Net Income Margin	11.7%	0.09*	0.09*	0.08*	0.09*	0.08*	0.09*	0.10*	0.10*	0.09*	0.10*	0.11*	0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	-53.7%	65.00	139	171	-23.53	73.00	117	125	69.00	49.00	102	199	-28.01	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.5%	4,609	4,677	4,637	4,636	4,556	4,687	4,675	4,787	4,724	4,732	4,683	4,641	3,232	2,607	2,492	2,383	2,219	2,192	2,055	1,949	1,909
Current Assets	-4.2%	824	861	842	857	746	847	860	957	860	964	878	929	1,700	1,113	991	874	712	680	570	454	402
Cash Equivalents	13.7%	188	165	131	119	131	174	186	253	243	309	234	217	1,251	604	519	351	302	233	161	11.00	39.00
Net PPE	-1.5%	167	170	166	166	168	173	175	178	178	181	177	178	169	168	171	175	175	172	170	170	165
Goodwill	0.0%	2,532	2,532	2,510	2,489	2,489	2,489	2,449	2,450	2,441	2,360	2,355	2,309	852	838	840	840	840	840	-	-	-
Liabilities	-8.8%	1,586	1,739	1,785	1,867	1,870	2,063	2,128	2,329	2,336	2,408	2,482	-	-	621	-	-	-	-	-	-	-
Current Liabilities	-12.8%	873	1,001	909	854	835	890	812	834	766	830	816	766	525	564	535	494	445	509	477	454	403
Long Term Debt	0.1%	597	596	596	595	595	594	594	594	593	593	592	592	591	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.1%	597	596	596	595	595	594	594	594	593	593	592	592	591	-	-	-	-	-	-	-	-
Shareholder's Equity	2.9%	3,023	2,938	2,853	2,768	2,686	2,624	2,547	2,458	2,388	2,324	2,201	2,108	2,061	1,986	1,898	1,829	1,713	1,617	1,520	1,422	1,359
Retained Earnings	3.4%	1,658	1,604	1,565	1,518	1,469	1,438	1,407	1,354	1,314	1,274	1,219	1,175	1,149	1,112	1,058	1,019	965	917	871	830	798
Additional Paid-In Capital	2.2%	1,385	1,355	1,309	1,272	1,240	1,210	1,164	1,129	1,099	1,076	1,010	963	942	905	873	844	798	739	693	716	731
Shares Outstanding	0%	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	17,374	-	-	-	13,687	-	-	-	18,292	-	-	-	13,728	-	-	-	8,172	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-51.3%	71,839	147,419	177,496	-19,184	74,709	121,857	129,378	76,679	53,541	115,010	205,387	-20,347	71,703	88,761	169,808	39,814	56,706	76,193	130,073	24,497	23,957
Share Based Compensation	-2.1%	26,866	27,433	26,981	26,028	27,896	24,994	26,912	25,800	25,279	24,366	29,461	25,175	25,724	13,253	18,424	18,386	17,302	15,598	14,887	15,066	14,416
Cashflow From Investing	65.1%	-12,681	-36,350	-40,118	108	-600	-46,776	-15,376	795	-111,173	-6,147	-86,096	-1,958,998	-39,694	-30,157	-13,884	-39,272	-15,007	-41,811	-7,703	-611	-194,890
Cashflow From Financing	52.7%	-36,414	-77,062	-124,656	6,995	-117,121	-87,151	-181,137	-67,674	-8,277	-33,820	-101,936	945,366	615,120	26,334	11,425	48,809	27,604	36,862	27,881	-52,136	76,091
Buy Backs	-	-	-	-	-	-	-	-	-	-	2.00	-	12,975	-	-	2.00	-	15,482	-	-	-	17,786

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TYL Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 512,359	$ 471,853
Cost of revenues:
Total cost of revenues	288,693	272,016
Gross profit	223,666	199,837
Sales and marketing expense	36,427	37,103
General and administrative expense	72,710	72,360
Research and development expense	29,433	26,987
Amortization of other intangibles	18,118	18,407
Operating income	66,978	44,980
Interest expense	(2,184)	(7,684)
Other income, net	1,845	1,246
Income before income taxes	66,639	38,542
Income tax provision	12,469	7,667
Net income	$ 54,170	$ 30,875
Earnings per common share:
Basic (in usd per share)	$ 1.28	$ 0.74
Diluted (in usd per share)	$ 1.26	$ 0.73
Subscriptions
Revenues:
Total revenues	$ 313,243	$ 280,465
Maintenance
Revenues:
Total revenues	117,218	115,130
Professional services
Revenues:
Total revenues	64,806	60,929
Software licenses and royalties
Revenues:
Total revenues	8,734	10,130
Cost of revenues:
Total cost of revenues	1,565	2,313
Hardware and other
Revenues:
Total revenues	8,358	5,199
Cost of revenues:
Total cost of revenues	4,656	5,780
Subscriptions, maintenance, and professional services
Cost of revenues:
Total cost of revenues	268,870	252,415
Amortization of software development
Cost of revenues:
Total cost of revenues	4,363	2,588
Amortization of acquired software
Cost of revenues:
Total cost of revenues	$ 9,239	$ 8,920

TYL Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 188,237	$ 165,493
Accounts receivable (less allowance for losses and sales adjustments of $20,198 in 2024 and $22,829 in 2023)	542,441	619,704
Short-term investments	8,707	10,385
Prepaid expenses	76,486	54,700
Other current assets	8,550	10,303
Total current assets	824,421	860,585
Accounts receivable, long-term	7,340	8,988
Operating lease right-of-use assets	37,874	39,039
Property and equipment, net	167,121	169,720
Other assets:
Software development costs, net	69,795	67,124
Goodwill	2,532,125	2,532,109
Other intangibles, net	901,434	928,870
Non-current investments	5,492	7,046
Other non-current assets	63,153	63,182
Total assets	4,608,755	4,676,663
Current liabilities:
Accounts payable	145,168	146,339
Accrued liabilities	106,446	158,558
Operating lease liabilities	11,147	11,060
Current income tax payable	38,293	2,466
Deferred revenue	571,871	632,914
Current portion of term loans	0	49,801
Total current liabilities	872,925	1,001,138
Convertible senior notes due 2026, net	596,638	596,206
Deferred revenue, long-term	0	291
Deferred income taxes	54,274	78,590
Operating lease liabilities, long-term	37,631	39,822
Other long-term liabilities	24,152	22,621
Total liabilities	1,585,620	1,738,668
Commitments and contingencies	0	0
Shareholders' equity:
Preferred stock, $10.00 par value; 1,000,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 100,000,000 shares authorized; 48,147,969 shares issued and outstanding as of March 31, 2024 and December 31, 2023	481	481
Additional paid-in capital	1,385,095	1,354,787
Accumulated other comprehensive loss, net of tax	(273)	(326)
Retained earnings	1,657,943	1,603,773
Treasury stock, at cost; 5,707,093 and 5,858,476 shares in 2024 and 2023, respectively	(20,111)	(20,720)
Total shareholders' equity	3,023,135	2,937,995
Total liabilities and shareholders' equity	$ 4,608,755	$ 4,676,663

About Tyler Technologies Inc

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.

CEO	Mr. H. Lynn Moore Jr.
WEBSITE	tylertech.com
INDUSTRY	Software - Apps
EMPLOYEES	7247

Tyler Technologies Inc Frequently Asked Questions

What is the ticker symbol for Tyler Technologies Inc? What does TYL stand for in stocks?

TYL is the stock ticker symbol of Tyler Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tyler Technologies Inc (TYL)?

As of Tue May 07 2024, market cap of Tyler Technologies Inc is 20.44 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TYL stock?

You can check TYL's fair value in chart for subscribers.

What is the fair value of TYL stock?

You can check TYL's fair value in chart for subscribers. The fair value of Tyler Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tyler Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TYL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tyler Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether TYL is over valued or under valued. Whether Tyler Technologies Inc is cheap or expensive depends on the assumptions which impact Tyler Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TYL.

What is Tyler Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, TYL's PE ratio (Price to Earnings) is 108 and Price to Sales (PS) ratio is 10.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TYL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tyler Technologies Inc's stock?

In the past 10 years, Tyler Technologies Inc has provided 0.2 (multiply by 100 for percentage) rate of return.