Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity, threat detection and response, customized employee training, and vulnerability testing; data and insights, and digital solutions; billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; and outdoor recreation solutions for use in campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management. It also provides public administration solutions comprising civil services for managing permitting, enforcement, health and safety inspections, compliance, maintenance and work orders, 311 requests, and others; financial applications with human resources, revenue management, tax billing, utilities, asset management, and payment processing; property tax life cycle, including appraisal services, valuation, tax billing and collections, assessment administration, land and official records; and licensing and regulatory management solutions. In addition, the company offers courts and public safety solutions, K-12 education solutions, and health and human services solutions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.
M&A Potential | Learn about Tyler's strong cash position and debt retirement plans, setting the stage for potential acquisitions to drive market expansion and technological advancement |
Financial Outlook | Analysts project EPS of $11.20 for FY25 and $12.23 for FY26, with an average price target of $701.50, reflecting confidence in Tyler's growth trajectory |
AI-Driven Growth | Discover how Tyler's AI integration across its product suite is boosting customer value and creating new revenue opportunities in the public secto |
Cloud Transition | Explore Tyler Technologies' strategic shift to cloud-based offerings, positioning for recurring revenue streams and enhanced scalability in government tech solutions |
Metrics to compare | TYL | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTYLPeersSector | |
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P/E Ratio | 87.4x | 21.0x | 11.6x | |
PEG Ratio | 1.73 | 0.19 | 0.01 | |
Price / Book | 7.2x | 3.2x | 2.4x | |
Price / LTM Sales | 11.6x | 3.3x | 2.1x | |
Upside (Analyst Target) | 15.6% | 22.5% | 22.9% | |
Fair Value Upside | Unlock | 19.7% | 7.0% | Unlock |