Tyler Technologies

NYSE: TYL

Stock price

350.06 USD

(+0%) TODAY

Financial Performance

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5Y price score: (37)

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 110.5%

DATE RANGE:

US$ Per
Share

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270.7

52-week range

566.5

350.06

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Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

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Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

4.7 %

Dividend Yield TTM

-

Market cap $

$ 14,336

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

46.4

Price / Book TTM

4.8

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

3

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

(36.9) %

(26.4) %

110.5 %

Free cash flow per share growth

35 %

85 %

595.2 %

Earnings per share growth

15.5 %

53.5 %

306.8 %

Founded: 1,966

Employees: 7,462

Business Summary:Tyler Technologies, Inc. specializes in delivering comprehensive information management solutions and services tailored for the public sector. Its operations are organized into three primary divisions: Enterprise Software, Appraisal and Tax, and NIC. The company's extensive product portfolio encompasses financial management tools, such as modular fund accounting systems designed for government bodies and non-profit organizations, as well as utility billing platforms for managing both metered and unmetered services. Additionally, Tyler offers solutions that automate a wide array of municipal and county operations, ranging from municipal court and parking ticket administration to animal and business licensing, permits and inspections, code enforcement, citizen complaint resolution, ambulance billing, fleet maintenance, and cemetery records management. Educational institutions, particularly K-12 schools, benefit from their specialized student information and transportation management systems. Furthermore, the company delivers a comprehensive suite of judicial technologies, including systems for court case management, integrated court and law enforcement functions, prosecutor support, and supervision. These solutions are scalable for diverse needs, from single-county deployments to multi-jurisdictional or statewide implementations. Their offerings extend to public safety software, alongside systems designed for the automated appraisal and assessment of both real and personal property, complemented by tax billing and collection applications for relevant agencies. Public sector agencies also leverage Tyler's software for planning, regulatory compliance, and maintenance operations. Dedicated applications enhance and automate records and document management, while their data and insights solutions provide valuable analytical capabilities. Beyond core software, Tyler Technologies facilitates Software-as-a-Service (SaaS) deployments and provides electronic document filing solutions for legal and judicial entities. Their service portfolio is robust, encompassing software and hardware installation, data conversion, user training, product customization, and ongoing maintenance and support. They also offer outsourced property appraisal services to taxing authorities. A strategic collaboration agreement with Amazon Web Services (AWS) underscores the company's commitment to cloud-based hosting solutions. Established in 1966, Tyler Technologies, Inc. maintains its headquarters in Plano, Texas.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jul 30, 2026)

1) Strategic Developments and Leadership Insights - Tyler Technologies had a productive quarter, highlighted by the Investor Day where they set new targets for 2030. - The company executed a convertible debt offering to enhance financial flexibility and conducted significant share repurchases, reflecting confidence in long-term growth. - The acquisition of "For the Record" strengthens Tyler's position in the courts and justice market. - Public sector demand remains robust, driven by modernization priorities and digital transformation investments.

2) Financial Performance and Segment Results - Tyler reported 21.7% YoY growth in SaaS revenue, with record SaaS bookings and total bookings. - The company achieved record second-quarter free cash flow, attributed to a reduction in cash taxes by approximately $30 million compared to the previous year. - Organic revenue growth was noted to be about 2% lower than overall growth, with minimal contributions from acquisitions.

Metric Q2 2026 Results YoY Comparison
SaaS Revenue Growth 21.7% Strong
Free Cash Flow Record high Significant increase
Organic Revenue Growth 2% lower than total Stable

3) Operational Challenges and Headwinds - There are concerns regarding the pace of AI adoption, but management indicated that it hasn't significantly impacted core business operations. - The company is scrutinizing acquisition candidates more closely due to potential AI disruptions in the market. - The third-party payment processing headwind experienced in the previous year is expected to have minimal impact moving forward.

4) Operational Plans and Future Guidance - Tyler is focused on enhancing AI capabilities across its product offerings, with significant interest in document automation and resident AI assistant solutions. - The company aims to incentivize clients to transition to cloud-based solutions, with plans to launch pilots for cloud living in 2027. - Management expects continued growth in SaaS bookings, supported by a healthy pipeline and stable public sector budgets.

5) Investor Outlook and Missing Information - The call did not provide specific guidance on future revenue figures or detailed projections for the second half of 2026. - Overall, Tyler Technologies remains optimistic about its growth trajectory, driven by strong demand for its products and strategic initiatives.

Bottom line: Tyler Technologies is well-positioned for future growth, with strong SaaS revenue performance and strategic acquisitions enhancing its market position. The focus on AI and cloud transition, coupled with healthy public sector demand, supports a positive outlook for shareholders.

Annual Reports, Presentations And IR Contacts

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Tyler Technologies — Financial Overview, Stock Price, Market Cap

Tyler Technologies is a company. Founded in 1966. As of August 26, 2026, the company's market capitalization is $14335762138 with a current stock price of $350.06.