Tyler Technologies Inc (TYL)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	165,919	158,093	164,315	155,131	164,240	187,945	178,882	164,466	161,458	160,770	155,884	184,246	194,820	187,516	188,622	166,729	146,527	131,289	129,823	136,985
Revenue (ttm)	US$ in thousands	1,928,121	1,895,055	1,870,112	1,834,691	1,821,826	1,806,258	1,796,802	1,725,968	1,569,383	1,424,118	1,255,387	1,134,841	1,116,663	1,122,215	1,111,869	1,115,902	1,086,427	1,039,571	1,000,238	961,174
Net profit margin		8.61%	8.34%	8.79%	8.46%	9.02%	10.41%	9.96%	9.53%	10.29%	11.29%	12.42%	16.24%	17.45%	16.71%	16.96%	14.94%	13.49%	12.63%	12.98%	14.25%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $165,919K ÷ $1,928,121K
= 8.61%

Tyler Technologies, Inc.'s net profit margin has shown relatively consistent performance over the past eight quarters, ranging from 8.22% to 10.26%. The company's net profit margin peaked in Q3 2022 at 10.26% before experiencing a slight decline in subsequent quarters. The most recent reported net profit margin for Q4 2023 is 8.50%, indicating a moderate decrease from the previous quarter. Overall, Tyler Technologies, Inc. has maintained a healthy net profit margin above 8% in each of the quarters, suggesting efficient cost management and solid profitability levels during the period under review.