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Tyler Technologies Inc - Stock Quote TYL

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Morningstar's Tyler Technologies Inc Stock Analysis

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Tyler Technologies Is Moving Beyond Just Modernizing Local Governments

Dan Romanoff, CPA Senior Equity Analyst

Business Strategy and Outlook

| Dan Romanoff, CPA |

We view Tyler Technologies as the clear leader in a slow-moving and underserved niche market of government operational software. We believe there is a decadelong runway for normalized top-line growth near 10% at Tyler, especially as demand for SaaS accelerates and the need to modernize local governments’ legacy enterprise resource planning systems intensifies.

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Tyler Technologies Inc's Company Profile

Business Description

Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company’s three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.

Contact
5101 Tennyson Parkway
Plano, TX, 75024
T +1 972 713-3700
Sector Technology
Industry Software - Application
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2020
Stock Type Slow Growth
Employees 6,959

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