Tyler Technologies Inc (TYL)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 263,026 | 236,708 | 207,822 | 189,214 | 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 |
| Revenue (ttm) | US$ in thousands | 2,135,619 | 2,071,672 | 2,017,211 | 1,974,127 | 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 |
| Net profit margin | 12.32% | 11.43% | 10.30% | 9.58% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $263,026K ÷ $2,135,619K
= 12.32%
Tyler Technologies Inc's net profit margin has exhibited fluctuations over the provided time period, starting at 14.94% on March 31, 2020, and reaching a peak of 17.45% on December 31, 2020. However, the trend since then has been a gradual decline, with a noticeable drop to 8.46% by March 31, 2023, before moderately recovering to 12.32% by December 31, 2024.
Overall, the company's net profit margin has shown some volatility, with both peaks and troughs observed throughout the period. It is essential for investors and stakeholders to monitor this metric closely to understand Tyler Technologies' profitability trends and assess its financial performance effectively.
Peer comparison
Dec 31, 2024