Last 48 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Tyler Technologies, Inc.'s quarterly P/E stands at 45.5x, down 42.4% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 43.5% YoY to 28.2x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 38.74 | 45.53 | 75.66 | 67.77 | 76.79 | 78.99 | 96.75 | 83.87 | 80.06 | 84.33 | 114.87 | 87.76 | 90.54 |
| — | -42.4% | -21.8% | -19.2% | -4.1% | -6.3% | -15.8% | -4.4% | -11.6% | -30.6% | +4.0% | +27.3% | +2.4% | |
| P/S Ratio | 5.04 | 6.03 | 8.59 | 9.60 | 10.92 | 11.19 | 11.70 | 11.74 | 10.05 | 8.94 | 9.34 | 8.36 | 8.83 |
| — | -46.1% | -26.6% | -18.2% | +8.6% | +25.2% | +25.3% | +40.4% | +13.9% | +11.9% | +23.5% | +7.4% | +17.6% | |
| P/B Ratio | 3.30 | 4.16 | 5.34 | 6.35 | 7.17 | 7.20 | 7.47 | 7.79 | 6.95 | 6.06 | 6.12 | 5.80 | 6.43 |
| — | -42.3% | -28.6% | -18.5% | +3.1% | +18.8% | +22.2% | +34.3% | +8.0% | +8.0% | +17.4% | +0.2% | +12.4% | |
| P/FCF | 18.45 | 35.54 | 20.63 | 22.76 | 70.14 | 117.46 | 28.65 | 25.21 | 111.86 | 80.10 | 33.43 | 25.42 | — |
| — | -69.7% | -28.0% | -9.7% | -37.3% | +46.6% | -14.3% | -0.8% | — | +35.2% | +12.2% | -20.2% | — | |
| EV / EBITDA | 22.59 | 28.24 | 43.46 | 44.29 | 48.87 | 50.01 | 58.35 | 53.46 | 48.36 | 43.84 | 50.24 | 39.79 | 45.49 |
| — | -43.5% | -25.5% | -17.2% | +1.1% | +14.1% | +16.2% | +34.4% | +6.3% | -4.0% | +20.7% | +7.9% | +16.1% | |
| EV / EBIT | 31.93 | 39.40 | 64.78 | 52.13 | 62.39 | 65.32 | 80.79 | 73.31 | 69.29 | 68.20 | 95.55 | 66.44 | 74.42 |
| — | -39.7% | -19.8% | -28.9% | -10.0% | -4.2% | -15.4% | +10.3% | -6.9% | -20.5% | +9.6% | +3.4% | +12.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Tyler Technologies, Inc.'s operating margin was 16.3% in Q1 2026, up 3.2 pp QoQ and up 0.5 pp YoY. Gross margin expanded 8.0% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.0% | 48.3% | 43.1% | 47.2% | 43.5% | 44.8% | 41.2% | 41.2% | 41.4% | 40.1% | 40.3% | 41.8% | 40.6% |
| — | +8.0% | +4.5% | +14.8% | +5.1% | +11.6% | +2.4% | -1.5% | +1.9% | +4.3% | +3.9% | +4.2% | +5.8% | |
| Operating Margin | 15.3% | 16.3% | 13.0% | 16.4% | 16.0% | 15.8% | 13.2% | 15.2% | 14.4% | 13.1% | 9.9% | 12.9% | 12.3% |
| — | +3.1% | -1.6% | +7.8% | +11.2% | +20.7% | +33.4% | +17.9% | +17.6% | +37.1% | +8.2% | +0.1% | +1.3% | |
| Net Margin | 13.5% | 13.2% | 11.4% | 14.2% | 14.2% | 14.3% | 12.1% | 14.0% | 12.5% | 10.6% | 8.1% | 9.5% | 9.7% |
| — | -7.7% | -5.5% | +1.4% | +13.4% | +35.6% | +49.0% | +47.0% | +28.5% | +61.6% | +17.7% | -15.5% | +14.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.9% | 2.2% | 1.8% | 2.3% | 2.4% | 2.3% | 2.0% | 2.4% | 2.2% | 1.8% | 1.3% | 1.7% | 1.8% |
| — | -4.8% | -8.4% | -1.6% | +7.6% | +29.3% | +45.7% | +41.6% | +22.2% | +56.3% | +11.8% | -21.4% | +9.3% | |
| ROA | 5.8% | 1.6% | 1.2% | 1.6% | 1.6% | 1.6% | 1.3% | 1.5% | 1.4% | 1.2% | 0.8% | 1.0% | 1.1% |
| — | -0.5% | -7.9% | +0.3% | +10.9% | +33.9% | +53.4% | +52.5% | +34.4% | +74.6% | +25.9% | -9.9% | +27.3% | |
| ROIC | 8.1% | 2.3% | 1.7% | 2.1% | 2.1% | 2.0% | 1.6% | 1.8% | 1.7% | 1.4% | 1.0% | 1.4% | 1.3% |
| — | +13.2% | +2.8% | +18.3% | +23.7% | +37.5% | +57.3% | +32.9% | +27.0% | +49.5% | +15.3% | +3.6% | +8.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Tyler Technologies, Inc.'s Debt/EBITDA ratio is 0.4x, down from 6.0x last quarter — comfortably within a safe range. The current ratio has improved 6.6% YoY to 1.00x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.18 | 0.01 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.20 | 0.21 | 0.21 | 0.24 | 0.28 | 0.33 |
| — | -92.6% | -3.1% | -8.9% | -14.1% | -14.6% | -20.6% | -29.1% | -38.5% | -38.1% | -40.5% | -38.0% | -37.3% | |
| Debt / EBITDA | 1.34 | 0.37 | 6.05 | 5.02 | 4.84 | 5.08 | 5.91 | 5.36 | 5.62 | 6.03 | 7.57 | 7.30 | 9.04 |
| — | -92.7% | +2.4% | -6.3% | -13.9% | -15.8% | -21.9% | -26.6% | -37.8% | -43.5% | -36.8% | -31.7% | -33.4% | |
| Current Ratio | 1.05 | 1.00 | 1.05 | 1.03 | 1.03 | 0.94 | 1.35 | 1.21 | 1.06 | 0.94 | 0.86 | 0.93 | 1.00 |
| — | +6.6% | -22.3% | -15.2% | -2.4% | -0.5% | +57.3% | +30.9% | +5.2% | +5.8% | -9.7% | -12.5% | -12.6% | |
| Quick Ratio | 1.05 | 1.00 | 1.05 | 1.03 | 1.03 | 0.94 | 1.35 | 1.21 | 1.06 | 0.94 | 0.86 | 0.93 | 1.00 |
| — | +6.6% | -22.3% | -15.2% | -2.4% | -0.5% | +57.3% | +30.9% | +5.2% | +5.8% | -9.7% | -12.5% | -12.6% | |
| Interest Coverage | 71.61 | 86.43 | 59.88 | 88.09 | 82.23 | 77.48 | 61.97 | 70.71 | 63.78 | 31.51 | 12.91 | 11.14 | 9.79 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying TYL stock.
Tyler Technologies, Inc.'s current P/E is 38.7x. The average P/E over the last 4 quarters is 66.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Tyler Technologies, Inc.'s current operating margin is 15.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Tyler Technologies, Inc.'s business trajectory between earnings reports.