TYLER TECHNOLOGIES INCTYL

Market cap

$20.1B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Subscriptions	-	-	-	-	-	-	-	221	296	351	784	1,012	1,160	1,343
Maintenance	-	-	-	-	-	-	-	385	430	468	474	468	467	463
Professional services	-	-	-	-	-	-	-	-	-	-	-	243	250	264
Software licenses and royalties	-	-	-	-	-	-	-	-	-	-	74	59	38	26
Hardware and other	-	-	-	-	-	-	-	-	-	-	22	32	38	41
Total revenues	-	-	-	-	-	-	-	935	1,086	1,117	1,592	1,850	1,952	2,138
Software licenses and royalties	-	-	-	-	-	-	-	-	-	-	6	6	11	6
Hardware and other	-	-	-	-	-	-	-	-	-	-	13	24	30	27
Subscriptions, maintenance and professional services	-	-	-	-	-	-	-	-	-	-	-	-	1,001	1,113
Amortization of software development	-	-	-	-	-	-	-	-	-	-	-	7	13	19
Acquired Software	-	-	-	-	-	-	-	23	31	32	46	52	36	37
Total cost of revenues	167	196	223	260	314	401	442	496	570	574	883	1,066	1,091	1,202
Gross profit	142	168	193	233	277	355	399	440	517	543	710	784	861	936
Sales and marketing expense	-	-	-	-	-	-	-	-	-	-	-	136	150	158
General and administrative expense	-	-	-	-	-	-	-	-	-	-	-	267	309	301
Research and development expense	16	20	23	26	30	43	47	63	81	88	94	105	110	118
Amortization of other intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	60
Operating income	47	57	67	95	108	131	161	152	156	173	181	214	219	300
Interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	6
Other income, net	-	-	-	-	0	-2	1	3	3	2	2	2	3	15
Income before income taxes	-	-	-	-	108	129	162	156	160	175	159	188	198	308
Income tax provision	17	21	27	36	44	19	-2	8	13	-20	-2	23	32	45
Net income	28	33	39	59	65	110	164	147	147	195	161	164	166	263
Earnings Per Share, Basic	0.88	1.09	1.23	1.79	1.9	3.01	4.4	3.84	3.79	4.87	3.95	3.95	3.95	6.17
Earnings Per Share, Diluted	0.83	1	1.13	1.66	1.77	2.82	4.18	3.68	3.65	4.69	3.82	3.87	3.88	6.05