Tyler Technologies price to free cash flow TYL
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 22.4×
- 10-year median
- 49.9×
- Against its 10-year history
- 6th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 17.1× to 76.7×
- Peer median
- 16.0×
Tyler Technologies' price to free cash flow is 22.4× as of Oct 23, 2026.
That is below its ten-year median of 49.9×, lower than on 94% of days in the last ten years.
Over that time it ranged from 17.1× in Jun 2026 to 76.7× in Oct 2021.
The median for 10 infrastructure software stocks of a similar size is 16.0×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 22.4× | 17.1× | 31.2× |
| 2025 | 32.1× | 31.7× | 52.6× |
| 2024 | 48.1× | 47.4× | 71.3× |
| 2023 | 52.2× | 36.1× | 57.4× |
| 2022 | 39.0× | 31.4× | 61.7× |
| 2021 | 68.6× | 46.4× | 76.7× |
| 2020 | 55.9× | 47.2× | 60.9× |
| 2019 | 54.1× | 34.2× | 54.1× |
| 2018 | 34.6× | 33.7× | 57.0× |
| 2017 | 54.7× | 49.9× | 54.7× |
| 2016 | 48.9× | 46.7× | 66.6× |
| 2015 | 66.9× | 33.6× | 69.0× |
| 2014 | 42.9× | 40.1× | 82.3× |
| 2013 | 64.4× | 34.1× | 64.7× |
| 2012 | 32.6× | 21.5× | 36.1× |
Against its peers
Companies in Software - Infrastructure nearest Tyler Technologies' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| TYLTyler Technologies | 22.4× |
| DOCUDocusign | 13.3× |
| GWREGuidewire Software | 41.0× |
| LDOSLeidos | 7.9× |
| GENGen Digital | 9.6× |
| GDDYGoDaddy | 8.4× |
| CACICaci International | 18.0× |
| MANHManhattan Associates | 34.8× |
| DTDynatrace | 32.5× |
| TOSTToast | 32.8× |
| AKAMAkamai Technologies | 14.1× |
| Peer median | 16.0× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Tyler Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.