The historical rank and industry rank for Tyler Technologies's Pretax Margin % or its related term are showing as below:
TYL'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.98 Med: 16.18 Max: 19.44
Current: 11.36
TYL's Pretax Margin % is ranked better than 74.71% of 2760
companies
in the Software industry
Industry Median: 2.24
vs TYL: 11.36
Tyler Technologies Pretax Margin % Historical Data
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.
Competitive Comparison of Tyler Technologies's Pretax Margin %
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's Pretax Margin % Distribution in the 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.
Tyler Technologies Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Tyler Technologies's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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
Thank you for viewing the detailed overview of Tyler Technologies's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tyler Technologies (Tyler Technologies) Business Description
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.
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