Tyler Technologies Inc (TYL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.82% | 44.02% | 44.59% | 44.83% | 44.66% | 44.41% | 43.90% | 43.13% | 43.03% | 43.06% | 42.81% | 43.91% | 45.22% | 46.43% | 48.47% | 49.13% | 48.58% | 48.66% | 47.97% | 47.49% |
| 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% |
| Pretax margin | 14.43% | 13.32% | 12.34% | 11.46% | 10.28% | 9.88% | 9.63% | 9.52% | 10.30% | 10.92% | 10.95% | 9.97% | 10.13% | 11.52% | 12.96% | 15.73% | 15.68% | 15.54% | 14.84% | 14.31% |
| 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% |
Tyler Technologies Inc has shown a consistent trend in its profitability ratios over the last few years. The gross profit margin has fluctuated within a range, with a slight decline from 47.49% in March 2020 to 43.82% in December 2024.
The operating profit margin has also varied, reaching a peak of 15.49% in December 2020 before experiencing a dip and subsequently recovering to 14.03% by December 2024.
The pretax margin, representing profitability before taxes, has followed a similar path to the operating profit margin, with a peak of 15.68% in December 2020 and a recovery to 14.43% by December 2024.
The net profit margin, indicating the amount of each sales dollar that translates into profit, has shown a declining trend, falling from 14.94% in March 2020 to 12.32% in December 2024.
Overall, while Tyler Technologies Inc has maintained healthy profitability levels, there have been fluctuations in its margins over the years, possibly due to various internal and external factors impacting the company's financial performance.
Return on investment
| 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 return on assets (Operating ROA) | 5.78% | 5.52% | 5.33% | 5.22% | 4.67% | 4.56% | 4.50% | 4.46% | 4.57% | 4.74% | 4.53% | 4.20% | 3.82% | 3.86% | 3.75% | 5.48% | 6.63% | 6.82% | 6.73% | 7.02% |
| Return on assets (ROA) | 5.08% | 4.74% | 4.31% | 4.11% | 3.55% | 3.41% | 3.54% | 3.41% | 3.50% | 4.02% | 3.74% | 3.48% | 3.41% | 3.43% | 3.36% | 5.70% | 7.47% | 7.52% | 7.92% | 7.51% |
| Return on total capital | 7.51% | 7.12% | 6.88% | 6.65% | 6.18% | 5.94% | 5.78% | 5.77% | 5.98% | 6.17% | 5.87% | 5.39% | 4.97% | 6.01% | 5.74% | 6.68% | 8.71% | 8.96% | 8.77% | 9.09% |
| Return on equity (ROE) | 7.76% | 7.23% | 6.64% | 6.26% | 5.65% | 5.54% | 5.94% | 5.78% | 6.26% | 7.38% | 7.28% | 6.89% | 6.95% | 7.31% | 7.39% | 8.94% | 9.81% | 9.88% | 10.31% | 9.73% |
Tyler Technologies Inc's profitability ratios show a gradual decline in performance over the periods analyzed. The Operating return on assets (Operating ROA) decreased from 7.02% on March 31, 2020, to 4.57% on December 31, 2022, with a slight improvement to 5.78% by December 31, 2024. Return on assets (ROA) followed a similar trend, declining from 7.51% on March 31, 2020, to 5.08% on December 31, 2024.
Return on total capital also decreased from 9.09% on March 31, 2020, to 7.51% by December 31, 2024. Return on equity (ROE) showed a downward trend from 9.73% on March 31, 2020, to 7.76% on December 31, 2024.
Overall, the declining profitability ratios suggest a decrease in the company's ability to generate profits from its assets and capital over the analyzed period. Management may need to focus on improving efficiency and cost management to enhance profitability in the future.