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Technology - Software - Application - NYSE - US
$ 535.03
-0.596 %
$ 23.1 B
Market Cap
88.73
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TYL stock under the worst case scenario is HIDDEN Compared to the current market price of 535 USD, Tyler Technologies, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TYL stock under the base case scenario is HIDDEN Compared to the current market price of 535 USD, Tyler Technologies, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TYL stock under the best case scenario is HIDDEN Compared to the current market price of 535 USD, Tyler Technologies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TYL

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$660.0$660.0$640.0$640.0$620.0$620.0$600.0$600.0$580.0$580.0$560.0$560.0$540.0$540.0$520.0$520.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
2.14 B REVENUE
9.53%
300 M OPERATING INCOME
37.06%
263 M NET INCOME
58.53%
625 M OPERATING CASH FLOW
64.19%
-67.6 M INVESTING CASH FLOW
12.15%
22.2 M FINANCING CASH FLOW
107.12%
541 M REVENUE
-0.41%
71.7 M OPERATING INCOME
-13.45%
65.2 M NET INCOME
-14.07%
225 M OPERATING CASH FLOW
-14.77%
-32.9 M INVESTING CASH FLOW
-250.41%
14.6 M FINANCING CASH FLOW
-56.13%
Balance Sheet Tyler Technologies, Inc.
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Current Assets 1.44 B
Cash & Short-Term Investments 768 M
Receivables 588 M
Other Current Assets 85.2 M
Non-Current Assets 3.74 B
Long-Term Investments 10.8 M
PP&E 195 M
Other Non-Current Assets 3.53 B
14.83 %11.34 %3.77 %68.21 %Total Assets$5.2b
Current Liabilities 1.07 B
Accounts Payable 157 M
Short-Term Debt 9.64 M
Other Current Liabilities 899 M
Non-Current Liabilities 726 M
Long-Term Debt 629 M
Other Non-Current Liabilities 97.3 M
8.75 %50.19 %35.09 %5.43 %Total Liabilities$1.8b
EFFICIENCY
Earnings Waterfall Tyler Technologies, Inc.
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Revenue 2.14 B
Cost Of Revenue 1.2 B
Gross Profit 936 M
Operating Expenses 636 M
Operating Income 300 M
Other Expenses 36.5 M
Net Income 263 M
3b3b2b2b2b2b1b1b500m500m002b(1b)936m(636m)300m(36m)263mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
43.77% GROSS MARGIN
43.77%
14.01% OPERATING MARGIN
14.01%
12.30% NET MARGIN
12.30%
7.76% ROE
7.76%
5.08% ROA
5.08%
6.20% ROIC
6.20%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tyler Technologies, Inc.
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700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 263 M
Depreciation & Amortization 152 M
Capital Expenditures -20.5 M
Stock-Based Compensation 123 M
Change in Working Capital 122 M
Others 92.2 M
Free Cash Flow 604 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tyler Technologies, Inc.
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Wall Street analysts predict an average 1-year price target for TYL of $574 , with forecasts ranging from a low of $456 to a high of $700 .
TYL Lowest Price Target Wall Street Target
456 USD -14.77%
TYL Average Price Target Wall Street Target
574 USD 7.27%
TYL Highest Price Target Wall Street Target
700 USD 30.83%
Price
Max Price Target
Min Price Target
Average Price Target
700700650650600600550550500500450450400400May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 14
6. Ownership
Insider Ownership Tyler Technologies, Inc.
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Sold
0-3 MONTHS
18.8 M USD 4
3-6 MONTHS
39.6 M USD 3
6-9 MONTHS
33.5 M USD 6
9-12 MONTHS
21.6 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Tyler Technologies to Modernize Cannabis Licensing and Certification for Virginia PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies, Inc. (NYSE: TYL) announced an agreement with the Virginia Cannabis Control Authority (CCA) for Tyler's Cannabis Licensing solution to improve the regulation of its medical cannabis program. The CCA will integrate Tyler's software-as-a-service (SaaS) solution, powered by Amazon Web Services (AWS), to enhance the patient experience by ensuring secure, efficient, and user-friendly certification processes. “Timely implementation of these intuitive. businesswire.com - 2 weeks ago
Tyler Fortifies Public Sector Footprint With Hillsborough County Deal TYL's deal with Hillsborough County is another strategic win, reinforcing its role as a trusted partner for public sector modernization. zacks.com - 2 weeks ago
Hillsborough County, Florida, Selects Tyler Technologies' Appraisal Services to Enable Efficient and Precise Appraisals PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler announced today it has signed a four-year agreement with Hillsborough County, Florida, for Tyler's Appraisal Services. businesswire.com - 3 weeks ago
Natural Grocers® Invites Tyler, Texas Customers to Celebrate Store's 10th Anniversary March 28-30, 2025 Company celebrates milestone with special offers for {N}power® members LAKEWOOD, Colo. , March 26, 2025 /PRNewswire/ -- Natural Grocers®, the nation's largest family-operated natural and organic grocery retailer, is celebrating the 10-year anniversary of its Tyler, Texas store with exclusive discounts and in-store festivities for the community. prnewswire.com - 3 weeks ago
Tyler Technologies Announces Executive Changes PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies has announced two changes to its executive leadership team, including a retirement announcement and expanded group president role. businesswire.com - 1 month ago
Tyler Technologies to Participate in March Investor Conferences PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies will participate in four investor conferences in March 2025. businesswire.com - 1 month ago
Tyler Technologies Ranks Among Forbes' Best Large Employers PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies was named to Forbes' “America's Best Large Employers” list for 2025 for the second consecutive year. businesswire.com - 2 months ago
Tyler Technologies: Slowing Bookings Exposes Huge Valuation Tyler Technologies is an expensive, lower-quality tech company with shares up nearly 50% in the past year, despite fundamental weaknesses. The company's growth is slowing, limited by its narrow niche in government and education, and faces fierce competition from larger software vendors. Tyler's aggressive M&A strategy has led to significant debt, and its valuation multiples are disconnected from its modest growth rates. seekingalpha.com - 2 months ago
Tyler Technologies Inc (TYL) Q4 2024 Earnings Conference Call Transcript Tyler Technologies Inc (NYSE:TYL ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Hala Elsherbini - Senior Director of IR Lynn Moore - CEO, President & Director Brian Miller - EVP & CFO Conference Call Participants Alexei Gogolev - JPMorgan Joshua Reilly - Needham & Company Ken Wong - Oppenheimer Saket Kalia - Barclays Alex Zukin - Wolfe Research Michael Turrin - Wells Fargo Charles Strauzer - CJS Securities, Inc. Clarke Jeffries - Piper Sandler Rob Oliver - Robert W. Baird Jonathan Ho - William Blair Terry Tillman - Truist Securities Mark Schappel - Loop Capital Markets Gabriela Borges - Goldman Sachs Operator Hello, and welcome to today's Tyler Technologies Fourth Quarter 2024 Conference Call. seekingalpha.com - 2 months ago
Tyler Q4 Earnings Beat: Will a Strong Guidance Lift the Stock? TYL's fourth-quarter 2024 revenues reflect the benefits of a rise in subscription revenues, driven by new software contracts. zacks.com - 2 months ago
Tyler: Recurring Revenue Soars 14.9% Tyler Technologies (TYL 0.13%), a leading provider of integrated software solutions for the public sector, reported its fourth-quarter 2024 earnings on February 12, 2025. The company posted revenues of $541.1 million, exceeding the expected $540 million. fool.com - 2 months ago
Tyler Technologies (TYL) Reports Q4 Earnings: What Key Metrics Have to Say The headline numbers for Tyler Technologies (TYL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 months ago
8. Profile Summary

Tyler Technologies, Inc. TYL

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 23.1 B
Dividend Yield 0.00%
Description Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. The company operates in three segments: Enterprise Software; Appraisal and Tax; and NIC. It 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; and student information and transportation solutions for K-12 schools. The company 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, it 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. The company 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.
Contact 5101 Tennyson Parkway, Plano, TX, 75024 https://www.tylertech.com
IPO Date March 17, 1980
Employees 7400
Officers Mr. Kevin W. Iwersen Chief Information Officer Mr. Jason P. Durham Chief Accounting Officer Mr. Russell A. Gainford Chief Technology Officer Ms. Hala Elsherbini Senior Director of Investor Relations Ms. Abigail M. Diaz Chief Administrative Officer & Corporate Secretary Mr. William A. Van Asselt Chief Legal Officer Mr. Arik Flanders Chief Marketing Officer Mr. H. Lynn Moore Jr. Chief Executive Officer, President & Director Mr. Jeffrey D. Puckett Chief Operating Officer Mr. John S. Marr Jr. Executive Chairman of the Board