Tyler Technologies Inc (TYL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 47.58% | 47.18% | 47.13% | 47.11% |
| Operating profit margin | 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% | 14.39% | 14.44% | 14.76% | 15.41% |
| Pretax margin | 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% | 14.71% | 14.64% | 15.02% | 15.76% |
| 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% |
Tyler Technologies, Inc. has demonstrated consistent profitability over the past eight quarters as indicated by its gross profit margins ranging from 42.31% to 44.77%. The company's ability to efficiently manage its cost of goods sold and generate gross profits remains stable.
In terms of operating efficiency, Tyler Technologies has maintained operating profit margins between 10.90% and 12.10% over the same period, reflecting a solid operational performance. The company's ability to control operating expenses while generating revenue has contributed to its consistent profitability.
The pretax margin, which represents the proportion of income before taxes to total revenue, has ranged from 9.36% to 10.82% for Tyler Technologies. This indicates the company's ability to effectively manage its tax obligations and generate consistent earnings before taxes.
Tyler Technologies' net profit margins, which represent the proportion of net income to total revenue, have ranged from 8.22% to 10.26%. The company's ability to maintain healthy profit margins indicates strong financial performance and effective management of expenses relative to revenue.
Overall, Tyler Technologies, Inc. has demonstrated stable profitability across its gross profit margin, operating profit margin, pretax margin, and net profit margin over the past eight quarters, reflecting efficient cost management and consistent earnings generation.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 7.13% | 7.31% | 7.57% | 7.76% |
| Return on assets (ROA) | 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% | 6.69% | 6.39% | 6.66% | 7.17% |
| Return on total capital | 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% | 9.67% | 9.88% | 10.28% | 10.26% |
| Return on equity (ROE) | 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% | 9.06% | 8.64% | 9.13% | 10.08% |
Tyler Technologies, Inc. has maintained relatively stable profitability ratios over the past year. The Operating Return on Assets (Operating ROA) has ranged from 4.46% to 4.74%, indicating that the company is generating a consistent operating profit relative to its total assets. The Return on Assets (ROA) has also been relatively steady, ranging from 3.41% to 4.02%, demonstrating the company's ability to generate a return on its assets.
The Return on Total Capital has fluctuated between 5.72% and 6.12%, showing that Tyler Technologies is efficiently utilizing its total capital to generate returns for its stakeholders. The Return on Equity (ROE) has shown a similar trend, with values ranging from 5.54% to 7.38%, indicating that the company is delivering a satisfactory return to its equity holders.
Overall, Tyler Technologies, Inc. has demonstrated consistent profitability performance, with its profitability ratios reflecting efficient management of assets and capital to generate returns for both its investors and operational activities.