Question 1

What is Tyler Technologies's P/FCF ratio?

Accepted Answer

Tyler Technologies (TYL) P/FCF ratio is 19.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Tyler Technologies?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Tyler Technologies specifically, the relevant sector benchmark is the current sector median of 21.6×.

Question 5

Is Tyler Technologies's P/FCF ratio high or low?

Accepted Answer

Tyler Technologies's P/FCF ratio of 19.6× is below its own 5-year average of 48.6× and below the sector median of 21.6×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Tyler Technologies's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Tyler Technologies (TYL) P/FCF ratio has ranged from a low of 12.4× in 2002 to a high of 84.6× in 2013. The 5-year average is 48.6× and the 5-year median is 48.5×.

Question 7

What was Tyler Technologies's P/FCF ratio in 2025?

Accepted Answer

Tyler Technologies (TYL) P/FCF ratio at the end of 2025 was 30.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Tyler Technologies's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$19.55B	$637.53M	30.7×	-12.0×	Dec 31, 2025
2024	$24.72B	$579.69M	42.6×	-11.2×	Dec 31, 2024
2023	$17.64B	$327.43M	53.9×	+13.3×	Dec 31, 2023
2022	$13.45B	$331.30M	40.6×	-29.4×	Dec 31, 2022
2021	$22.12B	$316.14M	70.0×	+16.0×	Dec 31, 2021
2020	$17.64B	$326.62M	54.0×	-1.1×	Dec 31, 2020
2019	$11.72B	$212.68M	55.1×	+22.9×	Dec 31, 2019
2018	$7.18B	$222.78M	32.2×	-11.5×	Dec 31, 2018
2017	$6.67B	$152.70M	43.7×	+5.0×	Dec 31, 2017
2016	$5.23B	$135.32M	38.7×	-41.8×	Dec 31, 2016
2015	$6.16B	$76.51M	80.5×	+48.6×	Dec 31, 2015
2014	$3.64B	$114.09M	31.9×	-52.7×	Dec 31, 2014
2013	$3.32B	$39.23M	84.6×	+54.5×	Dec 31, 2013
2012	$1.49B	$49.57M	30.1×	+9.7×	Dec 31, 2012
2011	$897.97M	$44.16M	20.3×	-1.6×	Dec 31, 2011
2010	$666.11M	$30.42M	21.9×	-0.9×	Dec 31, 2010
2009	$698.86M	$30.59M	22.8×	+6.7×	Dec 31, 2009
2008	$425.25M	$26.27M	16.2×	-0.0×	Dec 31, 2008
2007	$490.08M	$30.27M	16.2×	-8.1×	Dec 31, 2007
2006	$545.71M	$22.48M	24.3×	+6.6×	Dec 31, 2006
2005	$343.42M	$19.45M	17.7×	+0.7×	Dec 31, 2005
2004	$336.31M	$19.89M	16.9×	-2.3×	Dec 31, 2004
2003	$399.34M	$20.74M	19.3×	+0.3×	Dec 31, 2003
2002	$191.62M	$10.13M	18.9×	-7.1×	Dec 31, 2002
2001	$215.61M	$8.29M	26.0×	—	Dec 31, 2001


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P/FCF Ratio for Tyler Technologies (TYL)

P/FCF Ratio daily chart for Tyler Technologies (TYL)

Historical P/FCF Ratio for Tyler Technologies (TYL) from 2001 to 2025

About P/FCF Ratio at Tyler Technologies (TYL)

Tyler Technologies P/FCF Ratio by Year

Tyler Technologies P/FCF Ratio 2025: 30.7×

Tyler Technologies P/FCF Ratio 2024: 42.6×

Tyler Technologies P/FCF Ratio 2023: 53.9×

Tyler Technologies P/FCF Ratio 2022: 40.6×

Tyler Technologies P/FCF Ratio 2021: 70.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Tyler Technologies (TYL) Key Financials

P/FCF Ratio daily chart for Tyler Technologies (TYL)

Historical P/FCF Ratio for Tyler Technologies (TYL) from 2001 to 2025

About P/FCF Ratio at Tyler Technologies (TYL)

Tyler Technologies P/FCF Ratio by Year

Tyler Technologies P/FCF Ratio 2025: 30.7×

Tyler Technologies P/FCF Ratio 2024: 42.6×

Tyler Technologies P/FCF Ratio 2023: 53.9×

Tyler Technologies P/FCF Ratio 2022: 40.6×

Tyler Technologies P/FCF Ratio 2021: 70.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Tyler Technologies's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Tyler Technologies?

+Is Tyler Technologies's P/FCF ratio high or low?

+What is Tyler Technologies's historical P/FCF ratio range?

+What was Tyler Technologies's P/FCF ratio in 2025?

+Why does Tyler Technologies's P/FCF ratio change over time?

Tyler Technologies (TYL) Key Financials