Stocks · Technology · Software - Application

Tyler Technologies, Inc. TYL

$322.81 -2.23% Close, Oct 2, 2026 · NYSE · Market cap $13.22B

Weak trendLow risk

Next earnings report: Oct 28, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. At 42.8× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
  2. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
  3. Over the past year the stock returned -35.5%, behind the S&P 500 by 50.6 percentage points.

PromtFinance scores

Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth35Weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 38%
  • EPS growth (TTM, YoY)Bottom 42%
  • FCF growth (TTM, YoY)Bottom 46%
  • Revenue growth, 3-year CAGRTop 46%
  • Revenue growth accelerationBottom 37%
Quality76Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 42%
  • Gross marginBottom 45%
  • Operating marginTop 24%
  • Cash conversion (OCF / net income)Top 33%
  • Accruals (lower is better)Top 47%
  • Net debt / EBITDA (lower is better)Bottom 39%
  • Interest coverTop 9%
Value71Positive

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 34%
  • Free-cash-flow yieldTop 32%
  • EBITDA / enterprise valueTop 46%
  • Sales / enterprise valueBottom 39%
  • P/E vs own 5-year history (lower is better)Top 5%
Momentum18Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 25%
  • 6-month returnBottom 23%
  • 1-year return vs S&P 500Bottom 20%
  • Distance from 52-week highBottom 37%
  • Trend checklist (0–4)Bottom 10%
Revisions35Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 25%
  • Consecutive EPS beatsBottom 44%
  • Share of analysts rating BuyTop 45%
  • Upside to consensus price targetTop 46%
Stability81Strong

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 24%
  • Maximum drawdown, 3 yearsTop 40%
  • Beta vs S&P 500 (lower is better)Top 4%
  • Net debt / EBITDA (lower is better)Bottom 39%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)8.7%8.2%↓
EPS growth (YoY)9.0%7.7%↓
Gross margin42.7%46.6%↑
Operating margin15.1%15.1%↑
FCF margin27.6%29.4%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)8.2%8.7%↓Bottom 38%
EPS growth (TTM, YoY)7.7%9.0%↓Bottom 42%
Gross margin46.6%42.7%↑Bottom 45%
Operating margin15.1%15.1%↑Top 24%
Net margin13.4%13.7%↓—
Free-cash-flow margin29.4%27.6%↑—
Return on invested capital6.1%—Top 42%
Revenue growth, 3-year CAGR8.0%—Top 46%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.25×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-7.0%
Stock-based compensation / revenueA cost to shareholders through dilution.
6.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-5.9 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.17×
Interest cover (operating income / interest)How many times operating profit covers interest.
56.4×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
5.71%
Shareholder yield
5.71%
Share count change, 1 year
-4.7%
Share count change, 3-year CAGR
-0.7%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+1.3%
Average 2-day reaction, last 8
-0.9%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$418.33
Target vs current price
+29.6%
Analysts with a rating
37
Share rating Buy or Strong Buy
68%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 29, 2026+1.0%+0.0%-6.0%+5.0%—
Apr 29, 2026+3.0%+4.6%-3.7%-11.1%-12.7%
Feb 11, 2026-2.6%-5.9%-12.0%-3.4%-8.2%
Oct 29, 2025+3.8%-6.4%-8.0%-7.8%-13.9%
Jul 30, 2025+5.1%+0.4%+10.2%-1.0%-7.1%
Apr 23, 2025+8.6%+1.0%-5.3%+1.8%+0.1%
Feb 12, 2025-0.4%+0.1%+5.8%-6.7%-7.7%
Oct 23, 2024+2.4%-0.6%+4.7%+2.4%-0.2%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 29, 2026$3.08$3.05+1.0%$645.1M
Apr 29, 2026$3.09$3.00+3.0%$613.5M
Feb 11, 2026$2.64$2.71-2.6%$575.2M
Oct 29, 2025$2.97$2.86+3.8%$595.9M
Jul 30, 2025$2.91$2.77+5.1%$596.1M
Apr 23, 2025$2.78$2.56+8.6%$565.2M
Feb 12, 2025$2.43$2.44-0.4%$541.1M
Oct 23, 2024$2.52$2.46+2.4%$543.3M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)42.8×95.5×0thTop 34%
P/E (forward)24.7×———
EV / EBITDA28.8×——Top 46%
EV / Sales5.67×——Bottom 39%
Free-cash-flow yield5.40%——Top 32%
Earnings yield2.34%——Top 34%

P/E over the past five years

Range 44.1× – 141.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-35.5%
Earnings per share growth (TTM)
+7.7%
Change in P/E multiple
-44.2%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
+3.9%
200-day average slope (20 days)
-3.5%
Distance from 50-day average
-4.0%
Distance from 200-day average
-6.6%
RSI (14)
42.4
Relative volume
0.51×

Risk and drawdowns

Volatility, 60 days (annualized)
43.8%
Volatility vs own 5-year history
87th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.50
Correlation with S&P 500
0.24
Current drawdown from 1-year high
-37.8%
Maximum drawdown, 3 years
-57.4%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Feb 13, 2025Jun 22, 2026-57.4%338 daysNot yet recovered
Nov 16, 2021Nov 4, 2022-47.9%244 days430 days (Jul 25, 2024)
Mar 1, 2021Mar 4, 2021-20.4%3 days88 days (Jul 9, 2021)
Dec 4, 2024Jan 10, 2025-11.9%24 days23 days (Feb 13, 2025)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$13.22B
P/E (TTM)
42.8
EPS, diluted (TTM)
$7.54
Revenue (TTM)
$2.43B
52-week range
$270.71 – $524.43
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.59B$1.85B$1.95B$2.14B$2.33B
Gross profit$664.8M$722.5M$786.5M$876.1M$1.03B
Operating income$205.8M$216.2M$218.5M$299.5M$357.7M
Net income$161.5M$164.2M$165.9M$263.0M$315.6M
EPS (diluted)$3.82$3.87$3.88$6.05$7.20
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$543.3M$541.1M$565.2M$596.1M$595.9M$575.2M$613.5M$645.1M
Net income$75.9M$65.2M$81.1M$84.6M$84.4M$65.5M$81.2M$93.5M
EPS (diluted)$1.74$1.49$1.84$1.93$1.93$1.50$1.88$2.23
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$371.8M$381.5M$380.4M$624.6M$653.5M
Capital expenditure-$55.6M-$50.2M-$53.0M-$20.5M-$16.0M
Free cash flow$316.1M$331.3M$327.4M$604.1M$637.5M
Dividends paid$0$0$0$0$0
Net share buybacks$96.9M$15.8M$33.2M$74.8M$22.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$970.0M
Total assets
$5.81B
Total liabilities
$2.78B
Total debt
$1.46B
Net debt
$559.7M
Shareholders’ equity
$3.04B

As of Jun 30, 2026 (filed Jul 29, 2026).

Dividends

Ex-dateAmountPaid
Jan 31, 1990$0.02Feb 20, 1990
Nov 2, 1989$0.02Nov 20, 1989
Apr 26, 1989$0.02May 15, 1989
Feb 1, 1989$0.02Feb 21, 1989
Nov 3, 1988$0.02Nov 21, 1988
Aug 22, 1988$10.00—
Aug 9, 1988$0.11—
Apr 27, 1988$0.11May 16, 1988

Short interest

Shares sold short
3,369,283
Days to cover
4.54
Change vs previous report
-12.2%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

May 15, 1990
3-for-1
Apr 12, 1985
2-for-1
Aug 30, 1978
2-for-1
May 27, 1976
2-for-1