Tyler Technologies, Inc. Financial Ratios — TYL Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	23.59	22.43	21.35	25.39	22.06	29.81	31.96	21.11	17.34	19.19	13.53	12.11	10.91	15.15	15.58
Return on Assets (%)	9.85	10.41	9.99	11.62	6.73	8.38	11.42	8.67	7.36	8.12	4.4	3.49	3.54	5.34	5.83
Return on Capital (%)	18.72	17.7	20.35	25.39	19.83	27.11	- -	21.11	17.32	- -	- -	7.35	7.76	11.15	11.99
Return on Invested Capital (%)	23.74	23.14	19.6	20.38	10.27	12.5	- -	11.51	9.7	- -	- -	5.07	5	6.71	6.95
Gross Margin (%)	45.87	46.16	46.37	47.33	46.9	47.27	47.49	47	47.58	48.58	44.57	42.37	44.12	43.77	46.46
EBITDA Margin (%)	18.49	19.07	19.42	22.19	21.59	24.67	25.7	22.91	21.45	22.8	20.51	20.88	19.95	21.14	21.68
Operating Margin (%)	15.04	15.57	16.11	19.23	18.28	18.12	19.36	16.3	14.39	15.49	11.35	11.58	11.2	14.01	15.34
Incremental Operating Margin (%)	23.48	18.66	19.78	36.22	13.5	17.54	30.98	-10.88	2.56	54.77	1.64	12.99	4.22	43.53	29.89
Pretax Margin (%)	14.26	14.83	15.8	19.16	18.35	17.85	19.44	16.67	14.71	15.68	9.98	10.14	10.16	14.42	16.74
Profit Margin (%)	8.91	9.08	9.38	11.95	10.98	14.96	20.17	15.77	13.49	17.45	10.14	8.88	8.5	12.3	13.53
Net Income to Common Margin (%)	8.91	9.08	9.38	11.95	10.98	14.96	20.17	15.77	13.49	17.45	10.14	8.88	8.5	12.3	13.53
Effective Tax Rate (%)	37.53	38.75	40.59	37.61	40.17	16.19	- -	5.39	8.33	- -	- -	12.45	16.3	14.65	19.14
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	23.59	22.43	21.35	25.39	22.06	29.81	31.96	21.11	17.34	19.19	13.53	12.11	10.91	15.15	15.58

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	61	18	- -	- -	66	10	- -	- -	23	22	1,388	1,046	697	638	643
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	6	6	41	41	61	10	609
LT Debt	61	18	- -	- -	66	10	- -	- -	17	16	1,348	1,005	636	629	33
Total Debt/EBITDA	1.06	0.26	- -	- -	0.52	0.05	- -	- -	0.1	0.09	4.25	2.71	1.79	1.41	1.27
Net Debt/EBITDA	1.04	0.17	-0.97	-1.88	0.26	-0.14	-0.86	-0.63	-1	-2.37	3.16	2.11	1.23	-0.32	-0.82
Total Debt/EBIT	1.3	0.32	- -	- -	0.61	0.07	- -	- -	0.15	0.13	7.68	4.88	3.19	2.13	1.8
Net Debt/EBIT	1.28	0.2	-1.18	-2.17	0.3	-0.19	-1.14	-0.88	-1.49	-3.49	5.71	3.8	2.2	-0.49	-1.16
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	114.97	251.32	14.02	13.61	16.48	76.19	101.21
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	94.23	223.22	11.63	11.84	14.23	67.77	94.64
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	77.14	170.71	7.76	7.55	9.25	50.5	71.61
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	2	1	23	28	24	6	5
Common Equity/Total Assets	44.21	48.3	45.6	45.92	24.07	32.13	38.78	43.13	41.88	42.67	26.92	30.69	34.3	36.05	38.71
Long-Term Debt/Equity (%)	77.71	12.39	- -	- -	7.68	1.09	- -	- -	1.04	0.82	57.99	38.31	21.65	18.56	0.9
Long-Term Debt/Capital (%)	31.73	9.91	- -	- -	16.82	2.24	- -	- -	1.79	1.43	50.62	40.47	27.64	25.09	1.18
Long-Term Debt/Total Assets (%)	20.55	5.31	- -	- -	4.87	0.74	- -	- -	0.77	0.62	28.48	21.45	13.6	12.14	0.59
Total Debt/Equity (%)	77.71	12.39	- -	- -	7.68	1.09	- -	- -	1.44	1.12	59.73	39.86	23.72	18.84	17.35
Total Debt/Capital (%)	31.73	9.91	- -	- -	16.82	2.24	- -	- -	2.47	1.95	52.14	42.11	30.28	25.48	22.74
Total Debt/Total Assets (%)	20.55	5.31	- -	- -	4.87	0.74	- -	- -	1.06	0.85	29.33	22.32	14.9	12.32	11.4
Net Debt to Equity	76.01	7.98	-32.02	-61.18	3.83	-2.86	-15.6	-10.14	-14.39	-30.39	44.41	31	16.36	-4.33	-11.23
Net Debt/Capital (%)	31.25	6.62	-63.7	-371.71	9.16	-6.38	-42.35	-21.04	-32.85	-113.63	43.86	35.21	22.5	-8.34	-22.97
EBITDA	57	69	81	109	128	187	216	214	233	255	327	386	389	452	506
EBITDA-CapEx	45	60	54	100	115	150	173	187	191	226	271	336	336	402	473
Operating Income (Loss)	47	57	67	95	108	138	163	152	156	173	181	214	219	300	358

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.01	0.04	0.41	0.89	0.14	0.16	0.62	0.42	0.53	1.2	0.44	0.24	0.18	0.72	0.63
Current Ratio	0.71	0.72	1.13	1.45	0.79	0.78	1.4	1.22	1.34	1.97	1.16	0.95	0.86	1.35	1.05
Quick Ratio	0.6	0.62	1.02	1.37	0.72	0.72	1.31	1.14	1.28	1.91	1.09	0.89	0.79	1.28	1
CFO/Avg Current Liab	0.41	0.37	0.37	0.67	0.47	0.55	0.53	0.63	0.55	0.66	0.53	0.44	0.4	0.6	0.46
Common Equity/Total Assets	44.21	48.3	45.6	45.92	24.07	32.13	38.78	43.13	41.88	42.67	26.92	30.69	34.3	36.05	38.71
Long-Term Debt/Equity (%)	77.71	12.39	- -	- -	7.68	1.09	- -	- -	1.04	0.82	57.99	38.31	21.65	18.56	0.9
Long-Term Debt/Capital (%)	31.73	9.91	- -	- -	16.82	2.24	- -	- -	1.79	1.43	50.62	40.47	27.64	25.09	1.18
Long-Term Debt/Total Assets (%)	20.55	5.31	- -	- -	4.87	0.74	- -	- -	0.77	0.62	28.48	21.45	13.6	12.14	0.59
Total Debt/Equity (%)	77.71	12.39	- -	- -	7.68	1.09	- -	- -	1.44	1.12	59.73	39.86	23.72	18.84	17.35
Total Debt/Capital (%)	31.73	9.91	- -	- -	16.82	2.24	- -	- -	2.47	1.95	52.14	42.11	30.28	25.48	22.74
Total Debt/Total Assets (%)	20.55	5.31	- -	- -	4.87	0.74	- -	- -	1.06	0.85	29.33	22.32	14.9	12.32	11.4
CFO/Total Liabilities	25.97	30.34	33.35	61.35	26.99	43.37	46.65	53.68	44.33	57.17	15.44	18.49	21.88	34.86	33.76
CFO/CapEx	4.6	6.45	2.46	15.29	10.75	5.09	4.55	9.12	6.06	12.47	6.68	7.61	7.18	12.51	19.93
Altman's Z-Score	6.45	8.75	13.21	12.46	10.41	10.99	12.8	12.66	15.28	19.6	8.68	7.83	10.2	11.79	9.1

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	3.6	3.84	4.05	4.5	4.09	4.03	3.77	3.43	3.23	2.95	3.53	3.37	3.26	3.54	3.8
Days Sales Outstanding	101.38	95.05	90.14	81.14	89.25	90.47	96.91	106.36	113.05	123.62	103.54	108.34	111.92	103.07	95.97
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	57.39	61.34	78.4	78.09	57.54	56.9	57.08	65.73	52.04	39.61	13.17	9.49	8.69	7.93	7.53
Accounts Payable Turnover Days	6.36	5.95	4.66	4.67	6.34	6.41	6.39	5.55	7.01	9.21	27.71	38.47	42.03	46.03	48.45
Cash Conversion Cycle	95.02	89.1	85.48	76.46	82.9	84.06	90.51	100.81	106.04	114.41	75.83	69.86	69.9	57.04	47.52
Inventory to Cash Days	101.38	95.05	90.14	81.14	89.25	90.47	96.91	106.36	113.05	123.62	103.54	108.34	111.92	103.07	95.97
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	941	1,469	3,257	3,613	5,951	5,204	6,599	7,144	11,593	17,476	21,974	13,394	17,571	24,571	19,563
- Cash & Cash Equivalents	1	6	79	206	33	36	186	134	233	604	309	174	165	745	1,015
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	61	18	- -	- -	66	10	- -	- -	23	22	1,388	1,046	697	638	643
Enterprise Value	1,001	1,481	3,178	3,407	5,970	5,157	6,370	6,965	11,344	16,822	23,001	14,229	18,092	24,442	19,108
Total Capital	191	182	203	262	392	446	625	772	941	1,135	2,662	2,485	2,301	2,506	2,825
Total Debt/Capital (%)	31.73	9.91	- -	- -	16.82	2.24	- -	- -	2.47	1.95	52.14	42.11	30.28	25.48	22.74
Total Debt / EV	0.06	0.01	- -	- -	0.01	- -	- -	- -	- -	- -	0.06	0.07	0.04	0.03	0.03
EV/Sales	3.23	4.08	7.63	6.91	10.1	6.79	7.58	7.45	10.44	15.06	14.45	7.69	9.27	11.43	8.19
EV/EBITDA	17.5	21.37	39.28	31.13	46.78	27.52	29.47	32.51	48.68	66.08	70.43	36.84	46.47	54.09	37.8
EV/EBIT	21.51	26.17	47.34	35.93	55.26	37.46	39.14	45.68	72.55	97.28	127.26	66.42	82.79	81.6	53.42
EV/Cash Flow to Firm	17.73	25.24	48.09	23.85	44.45	26.88	32.54	27.84	44.21	47.23	58.17	35.02	45.21	38.81	29.06
EV/Free Cash Flow to Firm	14.56	21.85	34.19	22.38	40.66	22.46	26.67	25.09	37.99	43.73	51	31.17	39.92	35.96	27.68
Diluted Market Cap	998	1,594	3,533	3,874	6,372	5,562	6,949	7,456	12,032	18,127	22,725	13,670	17,883	25,082	19,888
Diluted Enterprise Value	1,058	1,606	3,454	3,668	6,405	5,536	6,763	7,321	11,823	17,545	23,804	14,542	18,414	24,976	19,516
EV per Share	32.01	48.82	99.66	103.19	174.89	141.5	170.9	181.17	293.58	420.19	563.08	342.52	430.52	573.6	443.4
TTM Sales	309	363	417	493	591	760	841	935	1,086	1,117	1,592	1,850	1,952	2,138	2,332
TTM EBITDA	57	69	81	109	128	187	216	214	233	255	327	386	389	452	506
TTM Operating Income	47	57	67	95	108	138	163	152	156	173	181	214	219	300	358
TTM Cash Flow to Firm	56	59	66	143	134	192	196	250	257	356	395	406	400	630	658
TTM Free Cash Flow to Firm	69	68	93	152	147	230	239	278	299	385	451	456	453	680	690

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	14.53	23.53	38.01	25.46	43.4	24.23	29.1	26.85	40.55	47.26	53.18	31.67	41.26	37.18	28.98
EV/EBIT	21.51	26.17	47.34	35.93	55.26	37.46	39.14	45.68	72.55	97.28	127.26	66.42	82.79	81.6	53.42
Enterprise Value	1,001	1,481	3,178	3,407	5,970	5,157	6,370	6,965	11,344	16,822	23,001	14,229	18,092	24,442	19,108
Low Price	19.99	29.67	48.86	74.37	103.18	118.16	142.75	173.26	176.27	247.22	372.8	281.11	301.69	397.8	445.64
EV/Sales	3.23	4.08	7.63	6.91	10.1	6.79	7.58	7.45	10.44	15.06	14.45	7.69	9.27	11.43	8.19
EV/EBITDA	17.5	21.37	39.28	31.13	46.78	27.52	29.47	32.51	48.68	66.08	70.43	36.84	46.47	54.09	37.8
Price/Earnings	34.16	44.52	83.3	61.29	91.74	45.77	38.92	48.45	79.12	89.7	136.1	81.55	105.9	93.42	61.99
Price/Earnings Average	28.74	37.16	60.21	52.3	72.82	48.81	36.7	56.12	62	72.2	117.28	95.71	95.2	83.44	74.92
Price/Earnings High	37.37	45.59	86.24	64.62	96.83	56.34	41.37	65.82	79.48	95.8	141.06	136.33	108.11	103.45	90.3
Price/Earnings Low	22.68	27.27	39.85	41.65	54.3	37.88	31.38	45.17	46.48	50.8	94.32	71.11	76.41	64.44	60.85
Price/Book Value	7.21	8.98	16.07	13.81	18.23	11.93	10.56	9.25	12.63	15.71	17.25	9.31	10.95	13.16	8.96
Price/Book Value Average	6.07	7.49	11.62	11.78	14.47	12.72	9.96	10.71	9.9	12.64	14.86	10.93	9.85	11.75	10.83
Price/Book Value High	7.89	9.2	16.64	14.56	19.24	14.68	11.23	12.57	12.69	16.78	17.88	15.57	11.18	14.57	13.06
Price/Book Value Low	4.79	5.5	7.69	9.38	10.79	9.87	8.51	8.62	7.42	8.9	11.95	8.12	7.9	9.08	8.8
Price/Tangible Book Value	-14.8	-68.29	37.73	20.28	-65.98	-2,640.12	21.7	24.28	29.13	21.4	-19.68	-14.63	-29.78	-478.84	74.1
Price/Tangible Book Value Average	-12.45	-57	27.27	17.31	-52.38	-2,815.78	20.46	28.12	22.82	17.23	-16.96	-17.17	-26.77	-427.7	89.56
Price/Tangible Book Value High	-16.19	-69.92	39.06	21.38	-69.65	-3,250.36	23.07	32.98	29.26	22.86	-20.4	-24.46	-30.4	-530.26	107.96
Price/Tangible Book Value Low	-9.83	-41.83	18.05	13.78	-39.06	-2,185.03	17.5	22.64	17.11	12.12	-13.64	-12.76	-21.48	-330.33	72.75
Price/Sales	3.04	4.04	7.82	7.33	10.07	6.85	7.85	7.64	10.67	15.65	13.8	7.24	9	11.49	8.39
Price/Sales Average	2.56	3.37	5.65	6.25	7.99	7.3	7.4	8.85	8.36	12.6	11.89	8.5	8.09	10.27	10.14
Price/Sales High	3.33	4.14	8.09	7.72	10.63	8.43	8.34	10.38	10.72	16.71	14.3	12.1	9.19	12.73	12.22
Price/Sales Low	2.02	2.48	3.74	4.98	5.96	5.67	6.33	7.12	6.27	8.86	9.56	6.31	6.5	7.93	8.23
Price/Cash Flow	16.68	25.04	49.28	25.29	44.3	27.12	33.71	28.55	45.51	49.22	59.11	35.11	46.19	39.34	29.93
Price/Cash Flow Average	14.03	20.9	35.62	21.58	35.16	28.93	31.79	33.08	35.67	39.61	50.94	41.21	41.52	35.14	36.18
Price/Cash Flow High	18.25	25.64	51.02	26.66	46.76	33.39	35.84	38.79	45.72	52.56	61.26	58.7	47.15	43.56	43.61
Price/Cash Flow Low	11.08	15.34	23.58	17.19	26.22	22.45	27.18	26.62	26.74	27.87	40.96	30.62	33.33	27.14	29.39
Price/Free Cash Flow Average	12.22	19.64	27.47	21.72	34.45	25.84	27.44	31.11	31.77	38.04	45.82	37.17	37.09	33.21	35.02
Price/Free Cash Flow High	15.89	24.09	39.35	26.84	45.81	29.83	30.93	36.49	40.73	50.47	55.11	52.94	42.12	41.18	42.21
Price/Free Cash Flow Low	9.65	14.41	18.18	17.3	25.69	20.05	23.46	25.04	23.82	26.77	36.85	27.61	29.77	25.65	28.45
EV/Sales Average	2.75	3.41	5.46	5.83	8.05	7.27	7.18	8.7	8.17	12.08	12.57	8.97	8.37	10.22	9.98
EV/Sales High	3.52	4.17	7.9	7.31	10.68	8.4	8.12	10.23	10.53	16.19	14.98	12.57	9.46	12.68	12.06
EV/Sales Low	2.21	2.51	3.55	4.56	6.02	5.63	6.11	6.98	6.08	8.34	10.24	6.78	6.77	7.88	8.07
EV/EBITDA Average	14.89	17.86	28.12	26.29	37.27	29.47	27.93	38	38.08	52.97	61.29	42.95	41.94	48.33	46.03
EV/EBITDA High	19.05	21.88	40.7	32.92	49.48	34.04	31.6	44.68	49.07	71.03	73.04	60.22	47.44	59.98	55.64
EV/EBITDA Low	11.97	13.15	18.28	20.55	27.86	22.84	23.76	30.46	28.33	36.59	49.93	32.49	33.93	37.27	37.25
EV/EBIT Average	18.3	21.88	33.9	30.34	44.02	40.13	37.1	53.39	56.76	77.98	110.74	77.44	74.71	72.92	65.06
EV/EBIT High	23.42	26.79	49.06	37.99	58.44	46.35	41.96	62.77	73.14	104.57	131.98	108.58	84.51	90.49	78.64
EV/EBIT Low	14.71	16.11	22.04	23.72	32.91	31.1	31.55	42.8	42.22	53.87	90.23	58.58	60.45	56.24	52.65
Last Price	30.11	48.44	102.13	109.44	174.32	142.77	177.05	185.82	300.02	436.52	537.95	322.41	418.12	576.64	453.95
High Price	32.94	49.6	105.74	115.37	184.01	175.77	188.22	252.47	301.39	466.21	557.55	538.96	426.83	638.56	661.31
Enterprise Value Average	851	1,238	2,275	2,877	4,756	5,524	6,038	8,141	8,875	13,484	20,015	16,591	16,327	21,840	23,271
Enterprise Value High	1,089	1,516	3,293	3,602	6,314	6,380	6,829	9,572	11,436	18,083	23,854	23,263	18,468	27,103	28,126
Enterprise Value Low	684	911	1,479	2,249	3,555	4,281	5,135	6,527	6,602	9,316	16,307	12,551	13,210	16,844	18,832

Shares Outstanding	30	31	33	33	37	37	38	38	39	41	41	42	42	43	43
Diluted Weighted Avg Shares	33	33	35	35	37	39	39	40	40	42	42	42	43	43	44
Basic Weighted Avg Shares	31	30	32	33	34	36	37	38	39	40	41	42	42	43	43
Revenue per Share	9.9	11.98	13.06	14.94	17.31	20.85	22.56	24.33	28.12	27.89	38.98	44.54	46.44	50.17	54.12
EBITDA per Share	1.83	2.28	2.54	3.31	3.74	5.14	5.8	5.57	6.03	6.36	7.99	9.3	9.26	10.61	11.73
Operating Income per Share	1.49	1.87	2.1	2.87	3.16	3.78	4.37	3.97	4.05	4.32	4.42	5.16	5.2	7.03	8.3
Basic EPS, GAAP	0.88	1.09	1.23	1.79	1.9	3.12	4.55	3.84	3.79	4.87	3.95	3.95	3.95	6.17	7.32
Basic EPS from Cont Ops	0.88	1.09	1.23	1.79	1.9	3.12	4.55	3.84	3.79	4.87	3.95	3.95	3.95	6.17	7.32
Diluted EPS, GAAP	0.83	1	1.13	1.66	1.77	2.92	4.32	3.68	3.65	4.69	3.82	3.87	3.88	6.05	7.2
Diluted EPS from Cont Ops	0.83	1	1.13	1.66	1.77	2.92	4.32	3.68	3.65	4.69	3.82	3.87	3.88	6.05	7.2
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	1.8	1.93	2.07	4.33	3.93	5.26	5.25	6.51	6.59	8.87	9.1	9.18	9.05	14.66	15.17
Free Cash Flow per Basic Share	1.41	1.63	1.23	4.04	3.57	4.23	4.1	5.79	5.5	8.16	7.74	7.97	7.79	13.49	14.4
Cash & Equivalents per Share	0.04	0.21	2.47	6.25	1.36	1.55	6.15	4.65	7.04	16.88	8.85	5.08	4.19	18.02	25.46
Book Value per Share	4.18	5.39	6.36	7.93	9.56	11.97	16.77	20.09	23.75	27.79	31.19	34.62	38.17	43.82	50.65
Tangible Book Value per Share	-2.03	-0.71	2.71	5.4	-2.64	-0.05	8.16	7.65	10.3	20.39	-27.34	-22.03	-14.04	-1.2	6.13

Tyler Technologies, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)