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Tyler Technologies (Tyler Technologies) Net Margin %

: 8.09% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Tyler Technologies's Net Income for the three months ended in Dec. 2023 was $39 Mil. Tyler Technologies's Revenue for the three months ended in Dec. 2023 was $481 Mil. Therefore, Tyler Technologies's net margin for the quarter that ended in Dec. 2023 was 8.09%.

The historical rank and industry rank for Tyler Technologies's Net Margin % or its related term are showing as below:

TYL' s Net Margin % Range Over the Past 10 Years
Min: 8.5   Med: 12.72   Max: 20.17
Current: 8.5


TYL's Net Margin % is ranked better than
73.37% of 2760 companies
in the Software industry
Industry Median: 1.72 vs TYL: 8.50

Tyler Technologies Net Margin % Historical Data

The historical data trend for Tyler Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tyler Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.49 17.45 10.14 8.88 8.50

Tyler Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.87 6.54 9.74 9.50 8.09

Competitive Comparison

For the Software - Application subindustry, Tyler Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tyler Technologies Net Margin % Distribution

For the Software industry and Technology sector, Tyler Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tyler Technologies's Net Margin % falls into.



Tyler Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tyler Technologies's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=165.919/1951.751
=8.50 %

Tyler Technologies's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=38.903/480.934
=8.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tyler Technologies  (NYSE:TYL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tyler Technologies Net Margin % Related Terms

Thank you for viewing the detailed overview of Tyler Technologies's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tyler Technologies (Tyler Technologies) Business Description

Traded in Other Exchanges
Address
5101 Tennyson Parkway, Plano, TX, USA, 75024
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.
Executives
Brian K Miller officer: Vice President Finance 5101 TENNYSON PARKWAY, PLANO TX 75024
Marr John S Jr officer: Chief Operating Officer 370 US ROUTE 1, PALMOUTH ME 04105
Dustin R Womble officer: Executive VP 5101 TENNYSON PARKWAY, PLANO TX 75024
Daniel M Pope director 5101 TENNYSON PARKWAY, PLANO TX 75024
Moore H Lynn Jr officer: VP and General Counsel 5101 TENNYSON PARKWAY, PLANO TX 75024
Glenn A Carter director 5101 TENNYSON PARKWAY, PLANO TX 75024
Jeffrey David Puckett officer: Chief Operating Officer 5101 TENNYSON PARKWAY, PLANO TX 75024
Luther Jr King director 5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Hawkins Ronnie D. Jr. director 5101 TENNYSON PARKWAY, PLANO TX 75024
Donald R Brattain director
Brenda A Cline director 5101 TENNYSON PARKWAY, PLANO TX 75024
Mary L. Landrieu director 100 CENTURYLINK DRIVE, MONROE LA 71203
Larry D Leinweber director NEW WORLD SYSTEMS, INC, 888 WEST BIG BEAVER, SUITE 600, TROY MI 48084
John M Yeaman director, officer: Chairman 5101 TENNYSON PARKWAY, PLANO TX 75024
Bruce Graham officer: Executive Vice President 5101 TENNYSON PARKWAY, PLANO TX 75024