Tyler Technologies Inc (TYL)

Operating 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
Operating income (ttm)	US$ in thousands	299,526	275,588	256,696	240,535	218,537	211,500	208,478	203,361	214,249	221,590	216,861	198,395	180,735	180,719	174,191	177,241	172,926	170,047	160,444	155,769
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
Operating profit margin		14.03%	13.30%	12.73%	12.18%	11.33%	11.16%	11.15%	11.08%	11.76%	12.27%	12.07%	11.49%	11.52%	12.69%	13.88%	15.62%	15.49%	15.15%	14.43%	13.96%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $299,526K ÷ $2,135,619K
= 14.03%

From the data provided for Tyler Technologies Inc, the operating profit margin has shown some fluctuations over the past few years. Starting from March 31, 2020, the operating profit margin was 13.96%, which increased to 15.49% by December 31, 2020. The trend continued to improve until March 31, 2021, reaching 15.62%.

Subsequently, there was a slight decline in the operating profit margin to 13.88% by June 30, 2021, and a further decrease to 11.52% by December 31, 2021. The margin remained around this level for the next few quarters, with some small fluctuations between 11% and 12%.

By December 31, 2024, the operating profit margin rebounded to 14.03%, showing signs of improvement from the lower levels seen in the previous quarters. Overall, the company's operating profit margin has displayed variability but has generally shown a pattern of fluctuating within a certain range over the years.