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Tyler Technologies Valuation Multiples
Discover revenue and EBITDA valuation multiples for Tyler Technologies and similar public comparables like OBIC, Indra Sistemas, Sage, Oracle Corp Japan and more.
Tyler Technologies Overview
About Tyler Technologies
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company’s three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
Founded
1966
HQ

Employees
7.8K
Website
Sectors
Financials (LTM)
EV
$14B
Tyler Technologies Financials
Tyler Technologies reported last 12-month revenue of $2B and EBITDA of $677M.
In the same LTM period, Tyler Technologies generated $1B in gross profit, $677M in EBITDA, and $331M in net income.
Revenue (LTM)
Tyler Technologies P&L
In the most recent fiscal year, Tyler Technologies reported revenue of $2B and EBITDA of $651M.
Tyler Technologies expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 49% | XXX | 46% | XXX | XXX | XXX |
| EBITDA | $677M | XXX | $651M | XXX | XXX | XXX |
| EBITDA Margin | 28% | XXX | 28% | XXX | XXX | XXX |
| EBIT Margin | 26% | XXX | 26% | XXX | XXX | XXX |
| Net Profit | $331M | XXX | $316M | XXX | XXX | XXX |
| Net Margin | 14% | XXX | 14% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Tyler Technologies Stock Performance
Tyler Technologies has current market cap of $14B, and enterprise value of $14B.
Market Cap Evolution
Tyler Technologies' stock price is $339.84.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $14B | $14B | 0.7% | XXX | XXX | XXX | $7.43 |
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Start Free TrialTyler Technologies Valuation Multiples
Tyler Technologies trades at 5.8x EV/Revenue multiple, and 20.7x EV/EBITDA.
EV / Revenue (LTM)
Tyler Technologies Financial Valuation Multiples
As of April 17, 2026, Tyler Technologies has market cap of $14B and EV of $14B.
Equity research analysts estimate Tyler Technologies' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Tyler Technologies has a P/E ratio of 43.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV/Revenue | 5.8x | XXX | 6.0x | XXX | XXX | XXX |
| EV/EBITDA | 20.7x | XXX | 21.5x | XXX | XXX | XXX |
| EV/EBIT | 22.1x | XXX | 23.0x | XXX | XXX | XXX |
| EV/Gross Profit | 11.9x | XXX | 12.9x | XXX | XXX | XXX |
| P/E | 43.6x | XXX | 45.7x | XXX | XXX | XXX |
| EV/FCF | 21.9x | XXX | 22.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Tyler Technologies Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Tyler Technologies Margins & Growth Rates
Tyler Technologies' revenue in the last 12 month grew by 9%.
Tyler Technologies' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Tyler Technologies' rule of 40 is 38% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Tyler Technologies' rule of X is 50% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Tyler Technologies Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 8% | XXX | XXX | XXX |
| EBITDA Margin | 28% | XXX | 28% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | 13% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 38% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 50% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 6% | XXX | 6% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 10% | XXX | 14% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 9% | XXX | 9% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 31% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Tyler Technologies Public Comps
See public comps and valuation multiples for other Public Sector & Non-Profit Software and Education Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Tyler Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| OBIC | XXX | XXX | XXX | XXX | XXX | XXX |
| Indra Sistemas | XXX | XXX | XXX | XXX | XXX | XXX |
| Sage | XXX | XXX | XXX | XXX | XXX | XXX |
| Oracle Corp Japan | XXX | XXX | XXX | XXX | XXX | XXX |
| TechnologyOne | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Tyler Technologies M&A Activity
Tyler Technologies acquired XXX companies to date.
Last acquisition by Tyler Technologies was on XXXXXXXX, XXXXX. Tyler Technologies acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Tyler Technologies
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialTyler Technologies Investment Activity
Tyler Technologies invested in XXX companies to date.
Tyler Technologies made its latest investment on XXXXXXXX, XXXXX. Tyler Technologies invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Tyler Technologies
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Tyler Technologies
| When was Tyler Technologies founded? | Tyler Technologies was founded in 1966. |
| Where is Tyler Technologies headquartered? | Tyler Technologies is headquartered in United States. |
| How many employees does Tyler Technologies have? | As of today, Tyler Technologies has over 7K employees. |
| Who is the CEO of Tyler Technologies? | Tyler Technologies' CEO is H. Lynn Moore. |
| Is Tyler Technologies publicly listed? | Yes, Tyler Technologies is a public company listed on NYSE. |
| What is the stock symbol of Tyler Technologies? | Tyler Technologies trades under TYL ticker. |
| When did Tyler Technologies go public? | Tyler Technologies went public in 1969. |
| Who are competitors of Tyler Technologies? | Tyler Technologies main competitors are OBIC, Indra Sistemas, Sage, Oracle Corp Japan. |
| What is the current market cap of Tyler Technologies? | Tyler Technologies' current market cap is $14B. |
| What is the current revenue of Tyler Technologies? | Tyler Technologies' last 12 months revenue is $2B. |
| What is the current revenue growth of Tyler Technologies? | Tyler Technologies revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of Tyler Technologies? | Current revenue multiple of Tyler Technologies is 5.8x. |
| Is Tyler Technologies profitable? | Yes, Tyler Technologies is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Tyler Technologies? | Tyler Technologies' last 12 months EBITDA is $677M. |
| What is Tyler Technologies' EBITDA margin? | Tyler Technologies' last 12 months EBITDA margin is 28%. |
| What is the current EV/EBITDA multiple of Tyler Technologies? | Current EBITDA multiple of Tyler Technologies is 20.7x. |
| What is the current FCF of Tyler Technologies? | Tyler Technologies' last 12 months FCF is $638M. |
| What is Tyler Technologies' FCF margin? | Tyler Technologies' last 12 months FCF margin is 27%. |
| What is the current EV/FCF multiple of Tyler Technologies? | Current FCF multiple of Tyler Technologies is 21.9x. |
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