Tyler TechnologiesMEX:TYL 81 Pretax Margin % is 17.35% as of Mar. 2026, which is 14% above its 10-year median of 15.20. GuruFocus rates MEX:TYL with a GF Score™ of 81/100 and a GF Value™ of MXN17,995.82. The stock has 1 warning sign investors should review. Among 2,823 Software companies, Tyler Technologies ranks better than 82.75% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Tyler Technologies Pretax Margin % Related Terms
Tyler Technologies Pretax Margin % Historical Data
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The historical data trend for Tyler Technologies's Pretax 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.
MEX:TYL vs GWRE, U, DT: Pretax Margin % Comparison
For the Software - Application subindustry, Tyler Technologies's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Tyler Technologies's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tyler Technologies's Pretax Margin % falls into.
* 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 (MEX:TYL) has a Pretax Margin % of 17.35% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tyler Technologies and its competitors. This is 14% above median its historical median of 15.20. Over the past decade, Tyler Technologies' Pretax Margin % has ranged from 9.98 to 19.44. According to the industry distribution chart, Tyler Technologies ranks #487 out of 2823 companies in the Software industry, placing it in the top 17.3%.
Is Tyler Technologies' Pretax Margin % too high?
Tyler Technologies' current Pretax Margin % of 17.35% is 14% above median its 10-year median of 15.20. Over the past 10 years, this metric has ranged from a low of 9.98 to a high of 19.44. The Software industry median Pretax Margin % is 3.53. Tyler Technologies' value of 17.35% is 391.5% above this industry median. Based on the distribution chart, Tyler Technologies ranks #487 out of 2823 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tyler Technologies has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Tyler Technologies' Pretax Margin % compare to GWRE and U?
According to the Software industry distribution chart, Tyler Technologies ranks #487 out of 2823 companies for Pretax Margin %. This places Tyler Technologies in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.53. Tyler Technologies' value of 17.35% is 391.5% above this benchmark. Historically, Tyler Technologies' own Pretax Margin % has ranged from 9.98 to 19.44 over the past decade. While the company's 10-year median is 15.20 vs. the industry median of 3.53, Tyler Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.53, based on 2,823 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tyler Technologies's current Pretax Margin % of 17.35% is 391.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tyler Technologies and its competitors. For the Software industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tyler Technologies's current Pretax Margin % is 17.35%, which is 14% above median its own 10-year median of 15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tyler Technologies stock overvalued right now?
Tyler Technologies (MEX:TYL) has a current Pretax Margin % of 17.35%. The stock's GF Value™ is MXN17,995.82, compared to a current price of MXN9,360.00 — trading 48% below its estimated fair value. The current Pretax Margin % is 17.35%, which is 14% above median its 10-year median of 15.20 and 391.5% above the Software industry median of 3.53. Tyler Technologies' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Tyler Technologies (MEX:TYL), the current Pretax Margin % is 17.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tyler Technologies (MEX:TYL) Overvalued in 2026?
Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued.
The current stock price of MXN9,360.00 is trading 48% below its estimated GF Value™ of MXN17,995.82.
Key valuation signals for MEX:TYL:
Pretax Margin %: 17.35% (14% above median its 10-year median of 15.20)
GF Value™: MXN17,995.82 vs. price of MXN9,360.00 (48% below fair value)
Industry Position: 391.5% above the Software median (#487 of 2823)
No single metric tells the full story. See the MEX:TYL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
81GF Score
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