Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology solutions, such as cybersecurity, data and insights, digital solutions, payments, platform technologies, and outdoor recreation; public administration solutions, including civic services, ERP, property and recording, and regulatory; and corrections, courts and justice, and public safety solutions. In addition, the company provides school ERP and student transportation K-12 education solutions; and health and human services solutions comprising environmental health, and disability and benefits. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was formerly known as Tyler Corporation and changed its name to Tyler Technologies, Inc. in June 1999. Tyler Technologies, Inc. was founded in 1966 and is based in Plano, Texas.
Strategic Expansion | Learn about Tyler's potential for M&A activities, fueled by an expected $4 billion in cumulative free cash flow over the next five years |
Financial Fortitude | Delve into Tyler's robust financial performance, with analyst projections setting price targets ranging from $600 to $708 per share |
AI-Driven Innovation | Explore how Tyler's AI integration is enhancing product offerings and contributing significantly to customer-level Annual Contract Value |
Cloud Revolution | Tyler Technologies' transition to SaaS model promises expanded market reach and stronger customer relationships, positioning it for substantial growth |

Metrics to compare | TYL | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTYLPeersSector | |
|---|---|---|---|---|
P/E Ratio | 45.4x | 38.6x | 12.9x | |
PEG Ratio | 2.28 | 1.33 | 0.01 | |
Price / Book | 3.9x | 4.1x | 2.4x | |
Price / LTM Sales | 6.1x | 4.2x | 2.4x | |
Upside (Analyst Target) | 33.4% | 58.8% | 25.5% | |
Fair Value Upside | Unlock | 19.2% | 2.4% | Unlock |