Tyler Technologies Inc (TYL) - Net Assets
Based on the latest financial reports, Tyler Technologies Inc (TYL) has net assets worth $3.56 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.80 Billion) and total liabilities ($1.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Tyler Technologies Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.56 Billion |
| % of Total Assets | 74.15% |
| Annual Growth Rate | 12.24% |
| 5-Year Change | 59.33% |
| 10-Year Change | 304.44% |
| Growth Volatility | 45.72 |
Tyler Technologies Inc - Net Assets Trend (1988–2025)
This chart illustrates how Tyler Technologies Inc's net assets have evolved over time, based on quarterly financial data. See TYL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tyler Technologies Inc (1988–2025)
The table below shows the annual net assets of Tyler Technologies Inc from 1988 to 2025. For live valuation and market cap data, see how much is Tyler Technologies Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.70 Billion | +9.28% |
| 2024-12-31 | $3.39 Billion | +15.33% |
| 2023-12-31 | $2.94 Billion | +11.95% |
| 2022-12-31 | $2.62 Billion | +12.92% |
| 2021-12-31 | $2.32 Billion | +17.01% |
| 2020-12-31 | $1.99 Billion | +22.82% |
| 2019-12-31 | $1.62 Billion | +22.06% |
| 2018-12-31 | $1.32 Billion | +13.52% |
| 2017-12-31 | $1.17 Billion | +27.48% |
| 2016-12-31 | $915.52 Million | +6.60% |
| 2015-12-31 | $858.86 Million | +154.87% |
| 2014-12-31 | $336.97 Million | +36.80% |
| 2013-12-31 | $246.32 Million | +69.53% |
| 2012-12-31 | $145.30 Million | +86.02% |
| 2011-12-31 | $78.11 Million | -26.98% |
| 2010-12-31 | $106.97 Million | -20.38% |
| 2009-12-31 | $134.36 Million | +17.59% |
| 2008-12-31 | $114.26 Million | -16.73% |
| 2007-12-31 | $137.21 Million | +9.01% |
| 2006-12-31 | $125.88 Million | +12.19% |
| 2005-12-31 | $112.20 Million | -5.24% |
| 2004-12-31 | $118.40 Million | +0.41% |
| 2003-12-31 | $117.92 Million | -0.62% |
| 2002-12-31 | $118.66 Million | +17.62% |
| 2001-12-31 | $100.88 Million | +4.95% |
| 2000-12-31 | $96.12 Million | -30.80% |
| 1999-12-31 | $138.90 Million | +82.05% |
| 1998-12-31 | $76.30 Million | +142.99% |
| 1997-12-31 | $31.40 Million | -1.88% |
| 1996-12-31 | $32.00 Million | -65.74% |
| 1995-12-31 | $93.40 Million | -15.32% |
| 1994-12-31 | $110.30 Million | -6.53% |
| 1993-12-31 | $118.00 Million | -3.52% |
| 1992-12-31 | $122.30 Million | +2.43% |
| 1991-12-31 | $119.40 Million | +1.53% |
| 1990-12-31 | $117.60 Million | +0.26% |
| 1989-12-31 | $117.30 Million | +127.33% |
| 1988-12-31 | $51.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tyler Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3147.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.18 Billion | 58.94% |
| Common Stock | $3.70 Billion | 100.00% |
| Total Equity | $3.70 Billion | 100.00% |
Tyler Technologies Inc Competitors by Market Cap
The table below lists competitors of Tyler Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NIO INC. CL. A DL -00025
F:N3I
|
$11.77 Billion |
|
New York Times Company
NYSE:NYT
|
$11.77 Billion |
|
COSCO Shipping Energy Transportation Co Ltd
SHG:600026
|
$11.77 Billion |
|
Henan Shijia Photons Technology Co Ltd
SHG:688313
|
$11.78 Billion |
|
Texas Roadhouse Inc
NASDAQ:TXRH
|
$11.76 Billion |
|
American Homes 4 Rent
NYSE:AMH
|
$11.75 Billion |
|
Piraeus Bank S.A.
NASDAQ:PIRBF
|
$11.74 Billion |
|
Aeroports de Paris SA
PA:ADP
|
$11.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tyler Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,388,422,000 to 3,702,789,000, a change of 314,367,000 (9.3%).
- Net income of 315,603,000 contributed positively to equity growth.
- Share repurchases of 152,658,000 reduced equity.
- Other comprehensive income increased equity by 157,000.
- Other factors increased equity by 151,265,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $315.60 Million | +8.52% |
| Share Repurchases | $152.66 Million | -4.12% |
| Other Comprehensive Income | $157.00K | +0.0% |
| Other Changes | $151.26 Million | +4.09% |
| Total Change | $- | 9.28% |
Book Value vs Market Value Analysis
This analysis compares Tyler Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 102.26x to 3.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | $2.73 | $278.91 | x |
| 1989-12-31 | $5.87 | $278.91 | x |
| 1990-12-31 | $5.55 | $278.91 | x |
| 1991-12-31 | $5.97 | $278.91 | x |
| 1992-12-31 | $6.12 | $278.91 | x |
| 1993-12-31 | $6.67 | $278.91 | x |
| 1994-12-31 | $5.52 | $278.91 | x |
| 1995-12-31 | $4.70 | $278.91 | x |
| 1996-12-31 | $1.61 | $278.91 | x |
| 1997-12-31 | $1.52 | $278.91 | x |
| 1998-12-31 | $2.23 | $278.91 | x |
| 1999-12-31 | $3.47 | $278.91 | x |
| 2000-12-31 | $2.12 | $278.91 | x |
| 2001-12-31 | $2.10 | $278.91 | x |
| 2002-12-31 | $2.40 | $278.91 | x |
| 2003-12-31 | $2.62 | $278.91 | x |
| 2004-12-31 | $2.66 | $278.91 | x |
| 2005-12-31 | $2.67 | $278.91 | x |
| 2006-12-31 | $3.01 | $278.91 | x |
| 2007-12-31 | $3.32 | $278.91 | x |
| 2008-12-31 | $2.92 | $278.91 | x |
| 2009-12-31 | $3.67 | $278.91 | x |
| 2010-12-31 | $3.01 | $278.91 | x |
| 2011-12-31 | $2.36 | $278.91 | x |
| 2012-12-31 | $4.41 | $278.91 | x |
| 2013-12-31 | $7.12 | $278.91 | x |
| 2014-12-31 | $9.52 | $278.91 | x |
| 2015-12-31 | $23.50 | $278.91 | x |
| 2016-12-31 | $23.50 | $278.91 | x |
| 2017-12-31 | $29.74 | $278.91 | x |
| 2018-12-31 | $33.02 | $278.91 | x |
| 2019-12-31 | $40.32 | $278.91 | x |
| 2020-12-31 | $47.83 | $278.91 | x |
| 2021-12-31 | $55.01 | $278.91 | x |
| 2022-12-31 | $61.90 | $278.91 | x |
| 2023-12-31 | $68.69 | $278.91 | x |
| 2024-12-31 | $77.90 | $278.91 | x |
| 2025-12-31 | $84.52 | $278.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tyler Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.53%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.52x
- Recent ROE (8.52%) is above the historical average (2.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 40.70% | 11.72% | 0.65x | 5.37x | $15.84 Million |
| 1989 | 1.19% | 0.74% | 1.01x | 1.60x | $-10.33 Million |
| 1990 | 3.06% | 1.65% | 1.42x | 1.31x | $-8.16 Million |
| 1991 | 1.01% | 0.45% | 1.59x | 1.40x | $-10.74 Million |
| 1992 | 2.62% | 1.12% | 1.64x | 1.43x | $-9.03 Million |
| 1993 | -1.95% | -0.81% | 1.62x | 1.47x | $-14.10 Million |
| 1994 | -4.26% | -1.31% | 1.44x | 2.26x | $-15.73 Million |
| 1995 | -18.20% | -12.09% | 1.09x | 1.38x | $-26.34 Million |
| 1996 | -191.56% | -47.74% | 2.04x | 1.97x | $-64.50 Million |
| 1997 | -10.51% | -4.32% | 1.39x | 1.75x | $-6.44 Million |
| 1998 | -11.01% | -16.63% | 0.34x | 1.97x | $-16.03 Million |
| 1999 | -2.03% | -2.61% | 0.40x | 1.96x | $-16.71 Million |
| 2000 | -25.59% | -26.39% | 0.61x | 1.59x | $-34.21 Million |
| 2001 | 0.27% | 0.23% | 0.80x | 1.46x | $-9.82 Million |
| 2002 | 6.73% | 5.97% | 0.79x | 1.43x | $-3.88 Million |
| 2003 | 22.39% | 18.15% | 0.80x | 1.55x | $14.61 Million |
| 2004 | 8.55% | 5.88% | 0.90x | 1.61x | $-1.71 Million |
| 2005 | 7.30% | 4.81% | 0.88x | 1.73x | $-3.03 Million |
| 2006 | 11.41% | 7.35% | 0.89x | 1.75x | $1.77 Million |
| 2007 | 12.75% | 7.96% | 0.91x | 1.76x | $3.78 Million |
| 2008 | 13.01% | 5.61% | 1.05x | 2.20x | $3.44 Million |
| 2009 | 20.10% | 9.30% | 1.07x | 2.01x | $13.57 Million |
| 2010 | 23.42% | 8.68% | 1.09x | 2.47x | $14.36 Million |
| 2011 | 35.28% | 8.91% | 1.05x | 3.78x | $19.75 Million |
| 2012 | 22.71% | 9.08% | 1.07x | 2.33x | $18.46 Million |
| 2013 | 15.87% | 9.38% | 0.94x | 1.80x | $14.47 Million |
| 2014 | 17.49% | 11.95% | 0.86x | 1.70x | $25.24 Million |
| 2015 | 7.55% | 10.98% | 0.44x | 1.58x | $-21.02 Million |
| 2016 | 12.00% | 14.53% | 0.56x | 1.48x | $18.30 Million |
| 2017 | 14.05% | 19.50% | 0.53x | 1.36x | $47.24 Million |
| 2018 | 11.13% | 15.77% | 0.52x | 1.35x | $14.98 Million |
| 2019 | 9.06% | 13.49% | 0.50x | 1.36x | $-15.18 Million |
| 2020 | 9.81% | 17.45% | 0.43x | 1.31x | $-3.79 Million |
| 2021 | 6.95% | 10.14% | 0.34x | 2.04x | $-70.95 Million |
| 2022 | 6.26% | 8.88% | 0.39x | 1.79x | $-98.20 Million |
| 2023 | 5.65% | 8.50% | 0.42x | 1.59x | $-127.88 Million |
| 2024 | 7.76% | 12.30% | 0.41x | 1.53x | $-75.82 Million |
| 2025 | 8.52% | 13.53% | 0.41x | 1.52x | $-54.68 Million |
Industry Comparison
This section compares Tyler Technologies Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $2,131,819,470
- Average return on equity (ROE) among peers: 1.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tyler Technologies Inc (TYL) | $3.56 Billion | 40.70% | 0.35x | $11.76 Billion |
| Adobe Systems Incorporated (ADBE) | $13.26 Billion | 39.66% | 0.83x | $78.88 Billion |
| ADEIA CORP (ADEA) | $541.36 Million | 31.49% | 0.07x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $2.10 Billion | 18.83% | 0.53x | $87.31 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $41.09 Billion |
| AudioEye Inc (AEYE) | $4.80 Million | -64.05% | 5.71x | $71.03 Million |
| Agilysys Inc (AGYS) | $100.62 Million | -13.08% | 0.63x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $10.70 Million | 0.00% | 0.35x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $19.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $297.57 Million |
About Tyler Technologies Inc
Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology sol… Read more