TYLER TECHNOLOGIES INC

TYL

Forward P/E: 24.52×
Mkt cap: 15.4 B USD
EV: 14.9 B USD
Sector: Technology
Coverage: 2009–2025
Currency: USD
Next event: Feb 18, 2027

Market

TYLER TECHNOLOGIES INC (TYL) trades at an adjusted P/E of 48.85 times and an EV/Revenue of 6.40 times.

Read this tab as a summary

TYLER TECHNOLOGIES INC (TYL) trades at an adjusted P/E of 48.85 times and an EV/Revenue of 6.40 times. Enterprise value stands at 30.07 times EBITDA and 23.40 times free cash flow. Price to book is 4.16 times. Approximate return on invested capital for the last reported year was 7.3 %. The fiscal 2025 year-end price was 461.06 USD. The series covers 17 fiscal years, from 2009 to 2025. Multiples in the "Current" column are computed on the market price as of Aug 9, 2026; every other column uses each fiscal year's closing price. Prices and multiples are stated in USD; the underlying fundamentals come from as-reported SEC EDGAR filings.

Market data

TYLER TECHNOLOGIES INC (TYL) — Market data.
Beta	0.81
Financial statements currency	USD
Price currency	USD
Applied exchange rate	1.00
Shares outstanding	41.0M

Valuation ratios

Fiscal year end: December

TYLER TECHNOLOGIES INC (TYL) — Valuation ratios, fiscal years 2009–2025, figures in USD, computed by ValuatePad from the statements as reported to the SEC (EDGAR). Fiscal year ends in December.
	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	Actual
Fiscal year-end price (USD)	20.46	21.35	29.92	47.84	104.12	114.09	180.52	143.16	177.43	181.51	300.57	431.93	531.19	314.91	418.29	587.10	461.06	376.43
Market Cap (USD)	0.75B	0.76B	0.90B	1.50B	3.42B	3.82B	6.64B	5.26B	6.72B	6.95B	11.8B	17.5B	21.9B	13.2B	17.7B	25.2B	19.9B	15.4B
Enterprise Value (USD)	—	—	—	—	—	—	—	—	—	—	—	—	23.0B	14.0B	18.2B	25.1B	19.4B	14.9B

PER	27.74×	30.28×	32.54×	45.43×	87.44×	64.79×	102.34×	46.29×	39.64×	47.11×	80.63×	89.88×	135.93×	80.11×	106.61×	95.90×	62.99×	48.85×
Adjusted PER	22.38×	25.35×	27.10×	37.10×	69.26×	53.90×	81.64×	46.29×	54.83×	47.11×	80.63×	133.38×	184.06×	80.11×	106.61×	95.90×	62.99×	48.85×
Forward PER	29.91×	27.53×	27.18×	38.33×	58.01×	58.86×	58.39×	31.04×	45.59×	47.41×	60.65×	108.45×	133.62×	79.30×	67.25×	79.92×	54.39×	24.52×
Adjusted forward PER	25.04×	22.93×	22.20×	30.36×	48.26×	46.96×	58.39×	42.93×	45.59×	47.41×	90.00×	146.85×	133.62×	79.30×	67.25×	79.92×	—	—
Earnings Yield (%)	3.60 %	3.30 %	3.07 %	2.20 %	1.14 %	1.54 %	0.98 %	2.16 %	2.52 %	2.12 %	1.24 %	1.11 %	0.74 %	1.25 %	0.94 %	1.04 %	1.59 %	2.05 %

PEG	4.02×	1.89×	1.13×	1.80×	2.05×	1.53×	3.25×	5.25×	8.37×	15.35×	20.80×	—	7.69×	3.29×	3.54×	5.43×	—	1.93×
EV / EBITDA	—	—	—	—	—	—	—	—	—	—	—	—	72.63×	37.42×	48.76×	56.56×	39.08×	30.07×
EV / Revenue	—	—	—	—	—	—	—	—	—	—	—	—	14.43×	7.55×	9.31×	11.72×	8.31×	6.40×
Price / Book	5.58×	7.09×	11.48×	10.32×	13.88×	11.33×	7.73×	5.63×	5.64×	5.24×	7.31×	8.82×	9.44×	5.01×	6.02×	7.44×	5.37×	4.16×

EV / FCF	—	—	—	—	—	—	—	—	—	—	—	—	68.02×	38.93×	50.48×	41.47×	30.40×	23.40×
FCF Yield (%)	4.08 %	4.01 %	4.92 %	3.31 %	1.15 %	3.50 %	1.84 %	2.93 %	2.27 %	3.21 %	1.84 %	1.90 %	1.54 %	2.73 %	2.03 %	2.39 %	3.21 %	4.14 %

Working capital	—	-26.2M	-44.5M	-47.7M	25.1M	104M	-69.4M	-78.5M	149M	95.0M	171M	549M	135M	-42.5M	-141M	375M	88.4M	—
Invested capital	0.13B	0.11B	0.08B	0.15B	0.25B	0.34B	0.86B	0.93B	1.19B	1.32B	1.62B	1.99B	3.67B	3.61B	3.58B	3.99B	4.30B	—
ROE (%)	20.10 %	23.42 %	35.28 %	22.71 %	15.87 %	17.49 %	7.55 %	12.17 %	14.23 %	11.13 %	9.06 %	9.81 %	6.95 %	6.26 %	5.65 %	7.76 %	8.52 %	8.52 %
ROA (%)	9.98 %	9.49 %	9.33 %	9.74 %	8.80 %	10.34 %	4.78 %	8.25 %	10.52 %	8.23 %	6.69 %	7.47 %	3.41 %	3.50 %	3.55 %	5.08 %	5.60 %	5.60 %
ROIC (approx.) (%)	20.10 %	23.42 %	35.28 %	22.71 %	15.87 %	17.49 %	7.55 %	12.17 %	14.23 %	11.13 %	9.06 %	9.81 %	4.41 %	4.55 %	4.63 %	6.60 %	7.34 %	—

Figures in USD

Explained in the glossary

Beta

0.81

Financial statements currency

USD

Price currency

USD

Applied exchange rate

1.00

Shares outstanding

41.0M

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Actual

Fiscal year-end price (USD)

20.46

21.35

29.92

47.84

104.12

114.09

180.52

143.16

177.43

181.51

300.57

431.93

531.19

314.91

418.29

587.10

461.06

376.43

Market Cap (USD)

0.75B

0.76B

0.90B

1.50B

3.42B

3.82B

6.64B

5.26B

6.72B

6.95B

11.8B

17.5B

21.9B

13.2B

17.7B

25.2B

19.9B

15.4B

Enterprise Value (USD)

—

23.0B

14.0B

18.2B

25.1B

19.4B

14.9B

PER

27.74×

30.28×

32.54×

45.43×

87.44×

64.79×

102.34×

46.29×

39.64×

47.11×

80.63×

89.88×

135.93×

80.11×

106.61×

95.90×

62.99×

48.85×

Adjusted PER

22.38×

25.35×

27.10×

37.10×

69.26×

53.90×

81.64×

46.29×

54.83×

47.11×

80.63×

133.38×

184.06×

80.11×

106.61×

95.90×

62.99×

48.85×

Forward PER

29.91×

27.53×

27.18×

38.33×

58.01×

58.86×

58.39×

31.04×

45.59×

47.41×

60.65×

108.45×

133.62×

79.30×

67.25×

79.92×

54.39×

24.52×

Adjusted forward PER

25.04×

22.93×

22.20×

30.36×

48.26×

46.96×

58.39×

42.93×

45.59×

47.41×

90.00×

146.85×

133.62×

79.30×

67.25×

79.92×

—

Earnings Yield (%)

3.60 %

3.30 %

3.07 %

2.20 %

1.14 %

1.54 %

0.98 %

2.16 %

2.52 %

2.12 %

1.24 %

1.11 %

0.74 %

1.25 %

0.94 %

1.04 %

1.59 %

2.05 %

PEG

4.02×

1.89×

1.13×

1.80×

2.05×

1.53×

3.25×

5.25×

8.37×

15.35×

20.80×

—

7.69×

3.29×

3.54×

5.43×

—

1.93×

EV / EBITDA

—

72.63×

37.42×

48.76×

56.56×

39.08×

30.07×

EV / Revenue

—

14.43×

7.55×

9.31×

11.72×

8.31×

6.40×

Price / Book

5.58×

7.09×

11.48×

10.32×

13.88×

11.33×

7.73×

5.63×

5.64×

5.24×

7.31×

8.82×

9.44×

5.01×

6.02×

7.44×

5.37×

4.16×

EV / FCF

—

68.02×

38.93×

50.48×

41.47×

30.40×

23.40×

FCF Yield (%)

4.08 %

4.01 %

4.92 %

3.31 %

1.15 %

3.50 %

1.84 %

2.93 %

2.27 %

3.21 %

1.84 %

1.90 %

1.54 %

2.73 %

2.03 %

2.39 %

3.21 %

4.14 %

Working capital

—

-26.2M

-44.5M

-47.7M

25.1M

104M

-69.4M

-78.5M

149M

95.0M

171M

549M

135M

-42.5M

-141M

375M

88.4M

—

Invested capital

0.13B

0.11B

0.08B

0.15B

0.25B

0.34B

0.86B

0.93B

1.19B

1.32B

1.62B

1.99B

3.67B

3.61B

3.58B

3.99B

4.30B

—

ROE (%)

20.10 %

23.42 %

35.28 %

22.71 %

15.87 %

17.49 %

7.55 %

12.17 %

14.23 %

11.13 %

9.06 %

9.81 %

6.95 %

6.26 %

5.65 %

7.76 %

8.52 %

ROA (%)

9.98 %

9.49 %

9.33 %

9.74 %

8.80 %

10.34 %

4.78 %

8.25 %

10.52 %

8.23 %

6.69 %

7.47 %

3.41 %

3.50 %

3.55 %

5.08 %

5.60 %

ROIC (approx.) (%)