TYL Tyler Technologies, Inc. Common Stock
NYSE · Technology · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 29, 2026
$322.81
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$270.7152w low
$524.4352w high
Market Cap (MRQ)
$15.54B
P/E (TTM)
42.8
EPS (TTM)
$7.54
Revenue (TTM)
$2.43B
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52W Range
$271–$524
Analyst Rating
BUY
Price Target
$427
P/E
42.8
ROE
9.7%
Net Profit Margin
13.4%
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TYL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$322.81
Market Cap (MRQ)
$15.54B
P/E (TTM)
42.8
EPS (TTM)
$7.54
Revenue (TTM)
$2.43B
ROE (TTM)
9.7%
52W Range
$271–$524
TYL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| May 15, 1990 | 3-for-1 | Forward |
| April 12, 1985 | 2-for-1 | Forward |
About Tyler Technologies, Inc. Common Stock Company overview from Wikipedia
Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.
History
Tyler Technologies was founded by Joseph F. McKinney in 1966 as Saturn Industries after buying three government companies from Ling-Temco-Vought. In 1968, the company acquired Tyler Pipe, a manufacturer of iron pipes, which eventually became the company's main source of annual revenue. Tyler Pipe was later renamed Tyler Corporation as a result of its success. In 1969, Saturn Industries was listed on the New York Stock Exchange. In 1970, the company changed its name to Tyler Corporation. Tyler Corporation entered the government software market in 1998. Tyler Corporation changed its name to Tyler Technologies in 1999.
Acquisitions
Products
The company's public sector software includes eight categories: appraisal and tax software and services, integrated software for courts and justice agencies, data and insights services, enterprise financial software systems, planning/regulatory/maintenance software, public safety software, records/document management software, and transportation software for schools.
Controversies
In 2014, people in Marion County, Indiana sued claiming they had been wrongfully jailed. In 2016, public defenders in Alameda County, California found dozens of people wrongfully arrested or wrongfully jailed after switching to Tyler’s Odyssey Case Manager software. An October 2021 report from Lubbock County, Texas, cited problems with Tyler Technologies software there as well as in numerous other jurisdictions. In 2021, a $4.9 million federal class action lawsuit was being settled with the county paying $2.45 million and Tyler $816,668. In December 2020, the District Clerk of Wichita Falls, Texas, said they were still experiencing problems they had had since they implemented Tyler Technologies Odyssey Case Manager in July 2019, almost 1.5 years earlier. In December 2021, everythingLubbock.com reported that four months after Lubbock County, Texas, switched their court records to Tyler Technologies software, a trial attorney said, “The rollout of this Tyler system has been an absolute debacle".
In November 2016, Washington County, Pennsylvania, paid Tyler Technologies $1.6 million over their original contract amount of $6.96 million, including paying Tyler Technologies personnel to testify as expert witnesses in county court responding to property owners' complaints.
In 2021, Tyler Technologies paid $3 million to settle a federal class action lawsuit claiming that it had required some employees to work overtime and had not paid them for that time.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorTechnology
industryTechnology
employees7,879
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$2.33B2016-12-31 → 2025-12-31
EPS$7.202016-12-31 → 2025-12-31
Free Cash Flow$638M2016-12-31 → 2025-12-31
Net margin13.4%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | TYL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 42.85Y avg ≈98.1 | ≈98.1 | 39.9 | Fair value | |
| P/S (TTM) | 6.4 | · | 6.1 | Fair value | |
| P/B (MRQ) | 5.1 | · | 5.2 | Fair value | |
| Price / FCF (TTM) | 21.8 | · | · | · | |
| Price / Cash Flow (TTM) | 21.3 | · | 30.0 | Overvalued | |
| Price / Tangible Book | 46.8 | · | · | · | |
| PEG Ratio | ≈4.8 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | TYL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 47.2%5Y avg ≈44.3% | ≈44.3% | 74.6% | Weak | |
| Operating Margin (TTM) | 15.1%5Y avg ≈13.1% | ≈13.1% | 13.6% | In line | |
| EBITDA Margin (TTM) | 21.1%5Y avg ≈20.5% | ≈20.5% | 13.6% | Top tier | |
| Pretax Margin (TTM) | 17.3%5Y avg ≈12.8% | ≈12.8% | 14.6% | Top tier | |
| Net Profit Margin (TTM) | 13.4%5Y avg ≈11.2% | ≈11.2% | 9.4% | Top tier | |
| ROA (TTM) | 5.8%5Y avg ≈4.8% | ≈4.8% | 7.5% | Weak | |
| ROE (TTM) | 9.7%5Y avg ≈7.5% | ≈7.5% | 10.3% | Weak | |
| ROIC | 7.8%5Y avg ≈6.3% | ≈6.3% | 10.7% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | TYL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 1.65Y avg ≈1.1 | ≈1.1 | 1.2 | Strong liquidity | |
| Quick Ratio (MRQ) | 1.45Y avg ≈1.1 | ≈1.1 | 1.0 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | TYL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 9.1%5Y avg ≈16.6% | ≈16.6% | · | · | |
| Revenue CAGR 3Y | 8.0%5Y avg ≈12.9% | ≈12.9% | · | · | |
| Revenue CAGR 5Y | 15.9% | · | · | · | |
| EPS YoY | 19.0%5Y avg ≈11.6% | ≈11.6% | · | · | |
| Net Income YoY | 20.0%5Y avg ≈12.8% | ≈12.8% | · | · | |
| EPS CAGR 3Y | 23.0%5Y avg ≈11.1% | ≈11.1% | · | · | |
| EPS CAGR 5Y | 8.9% | · | · | · | |
| Net Income CAGR 3Y | 24.3%5Y avg ≈12.3% | ≈12.3% | · | · | |
| Net Income CAGR 5Y | 10.1% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | TYL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.45Y avg ≈0.4 | ≈0.4 | 0.5 | Weak | |
| Receivables Turnover | 3.85Y avg ≈3.6 | ≈3.6 | 4.8 | Weak | |
| Revenue / Employee | ≈$296.0K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Annualized Payout≈$0.03
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Jan 31, 1990 | $0.01 | USD | ≈0.89% |
| Nov 2, 1989 | $0.01 | USD | ≈1.3% |
| Apr 26, 1989 | $0.01 | USD | ≈112.5% |
| Feb 1, 1989 | $0.01 | USD | ≈164.0% |
| Nov 3, 1988 | $0.01 | USD | ≈165.5% |
| Aug 22, 1988 | $3.33 | USD | ≈146.5% |
| Aug 9, 1988 | $0.04 | USD | ≈2.5% |
| Apr 27, 1988 | $0.04 | USD | ≈3.3% |
| Feb 3, 1988 | $0.04 | USD | ≈3.7% |
| Oct 29, 1987 | $0.04 | USD | ≈4.0% |
| Jul 29, 1987 | $0.03 | USD | ≈2.0% |
| Apr 29, 1987 | $0.03 | USD | ≈1.6% |
| Feb 4, 1987 | $0.03 | USD | ≈0.72% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
2.0%
Next Report
Oct 27, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 28, 2026 | $3.08 | $3.09 | -0.30% |
| March 31, 2026 | $3.09 | $3.04 | 1.8% | |
| Dec. 31, 2025 | $2.64 | $2.75 | -4.1% | |
| Sept. 30, 2025 | $2.97 | $2.88 | 3.0% | |
| June 30, 2025 | $2.91 | $2.80 | 3.8% | |
| March 31, 2025 | $2.78 | $2.58 | 7.9% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.33B | $2.14B | $1.95B | $1.85B | $1.59B | $1.12B | $1.09B | $935M | $841M | $760M | $591M | $493M | |
| Cost of Revenue | $1.25B | $1.20B | $1.09B | $1.07B | $883M | $574M | $570M | $496M | $442M | $401M | $314M | $260M | |
| Gross Profit | $1.08B | $936M | $861M | $784M | $710M | $543M | $517M | $440M | $399M | $359M | $277M | $233M | |
| SG&A Expense | $316M | $301M | $309M | $267M | $272M | $161M | $258M | $208M | $176M | $165M | $133M | $108M | |
| Operating Income | $358M | $300M | $219M | $214M | $181M | $173M | $156M | $152M | $163M | $138M | $108M | $95M | |
| Other Non-op | $38M | $15M | $3M | $2M | $2M | $3M | $5M | $3M | $698.0K | $-2M | $381.0K | $-355.0K | |
| Pretax Income | $390M | $308M | $198M | $188M | $159M | $175M | $160M | $156M | $163M | $136M | $108M | $94M | |
| Income Tax | $75M | $45M | $32M | $23M | $-2M | $-20M | $13M | $8M | $-6M | $22M | $44M | $36M | |
| Net Income | $316M | $263M | $166M | $164M | $161M | $195M | $147M | $147M | $170M | $114M | $65M | $59M | |
| EPS (Basic) | $7.32 | $6.17 | $3.95 | $3.95 | $3.95 | $4.87 | $3.79 | $3.84 | $4.55 | $3.12 | $1.90 | $1.79 | |
| EPS (Diluted) | $7.20 | $6.05 | $3.88 | $3.87 | $3.82 | $4.69 | $3.65 | $3.68 | $4.32 | $2.92 | $1.77 | $1.66 | |
| Shares (Basic) | 43,095,000 | 42,611,000 | 42,024,000 | 41,544,000 | 40,848,000 | 40,035,000 | 38,640,000 | 38,445,000 | 37,273,000 | 36,448,000 | 34,137,000 | 33,011,000 | |
| Shares (Diluted) | 43,812,000 | 43,497,000 | 42,769,000 | 42,399,000 | 42,244,000 | 41,526,000 | 40,105,000 | 40,123,000 | 39,246,000 | 38,961,000 | 36,552,000 | 35,401,000 | |
| EBITDA | $496M | $443M | · | $373M | $316M | $255M | $233M | $214M | $215M | $182M | $128M | $109M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.02B | $745M | $165M | $174M | $309M | $604M | $233M | $134M | $186M | $36M | $33M | $206M | |
| Short-term Investments | $82M | $23M | $10M | $37M | $52M | $72M | $39M | $44M | $43M | $20M | $13M | · | |
| Receivables | $639M | $588M | $620M | $577M | $521M | $382M | $374M | $299M | $246M | $200M | $176M | $113M | |
| Prepaid Expense | $75M | $65M | $55M | $51M | $56M | $31M | $25M | $33M | $32M | $21M | $22M | $18M | |
| Other Current Assets | $9M | $8M | $10M | $8M | $8M | $2M | $2M | $3M | $2M | $2M | $2M | $339.0K | |
| Current Assets | $1.84B | $1.44B | $861M | $847M | $964M | $1.11B | $680M | $519M | $521M | $283M | $268M | $337M | |
| PP&E (Net) | $160M | $164M | $170M | $173M | $181M | $168M | $172M | $155M | $152M | $124M | $101M | $66M | |
| PP&E (Gross) | $331M | $338M | $348M | $344M | $323M | $306M | $284M | $245M | $224M | $181M | $144M | $105M | |
| Accum. Depreciation | $171M | $174M | $179M | $171M | $141M | $138M | $113M | $89M | $72M | $57M | $43M | $39M | |
| Goodwill | $2.59B | $2.53B | $2.53B | $2.49B | $2.36B | $838M | $840M | $754M | $658M | $650M | $654M | $124M | |
| Intangibles | $780M | $832M | $929M | $1.00B | $1.05B | $322M | $379M | $277M | $230M | $267M | $295M | $35M | |
| Other Non-current Assets | $94M | $86M | $63M | $50M | $46M | $34M | $37M | · | · | · | · | $737.0K | |
| Total Assets | $5.64B | $5.18B | $4.68B | $4.69B | $4.73B | $2.61B | $2.19B | $1.79B | $1.61B | $1.38B | $1.36B | $570M | |
| Accounts Payable | $175M | $157M | $146M | $105M | $120M | $14M | $15M | $7M | $8M | $7M | $7M | $4M | |
| Accrued Liabilities | $191M | $198M | $159M | $132M | $158M | $83M | $75M | $66M | $65M | $56M | $49M | $40M | |
| Current Liabilities | $1.76B | $1.07B | $1.00B | $890M | $830M | $564M | $509M | $424M | $371M | $362M | $338M | $233M | |
| Capital Leases | $33M | $31M | $40M | $48M | $36M | $16M | $17M | $0 | · | · | · | · | |
| Deferred Tax | $95M | $48M | $79M | $149M | $228M | $41M | $48M | $42M | $47M | $69M | $91M | $4M | |
| Other Non-current Liabilities | $31M | $27M | $23M | $17M | $3M | $0 | · | · | · | · | · | · | |
| Total Liabilities | $1.94B | $1.79B | $1.74B | $2.06B | $2.41B | $621M | · | · | · | · | · | · | |
| Long-term Debt | $600M | $598M | $646M | $987M | $1.34B | · | · | · | · | · | · | · | |
| Total Debt | · | $598M | · | $987M | $749M | · | · | · | · | · | · | · | |
| Common Stock | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | |
| Retained Earnings | $2.18B | $1.87B | $1.60B | $1.44B | $1.27B | $1.11B | $917M | $772M | $624M | $436M | $326M | $261M | |
| Treasury Stock | $96M | $18M | $21M | $23M | $26M | $32M | $40M | $179M | $60M | $77M | $75M | $126M | |
| AOCI | $-11.0K | $-157.0K | $-326.0K | $-844.0K | $-46.0K | $-46.0K | $-46.0K | $-46.0K | $-46.0K | $-46.0K | $-46.0K | $-46.0K | |
| Stockholders' Equity | $3.70B | $3.39B | $2.94B | $2.62B | $2.32B | $1.99B | $1.62B | $1.32B | $1.19B | $935M | $874M | $337M | |
| Liabilities + Equity | $5.64B | $5.18B | $4.68B | $4.69B | $4.73B | $2.61B | $2.19B | $1.79B | $1.61B | $1.36B | $1.36B | $570M | |
| Shares Outstanding | 48,147,969 | 48,148,000 | 48,148,000 | 48,148,000 | 48,148,000 | 48,148,000 | 48,147,969 | 48,147,969 | 48,147,969 | 48,147,969 | 48,147,969 | · |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $138M | $143M | $154M | $159M | $136M | $82M | $77M | $62M | $53M | $50M | $20M | $15M | |
| Stock-based Comp | $151M | $123M | $108M | $103M | $105M | $67M | $60M | $53M | $37M | $30M | $20M | $15M | |
| Deferred Tax | $44M | $-31M | $-74M | $-87M | $-13M | $-8M | $-6M | $-5M | $-34M | $-26M | $-8M | $-4M | |
| Amort. of Intangibles | $94M | $97M | $111M | $114M | $91M | $54M | $52M | $40M | $36M | $36M | $10M | $6M | |
| Other Non-cash | $4M | $126M | · | $42M | $-17M | $19M | $-22M | $-7M | $-30M | $31M | $-8M | $39M | |
| Operating Cash Flow | $654M | $625M | $380M | $381M | $372M | $355M | $255M | $250M | $196M | $192M | $134M | $143M | |
| CapEx | $16M | $21M | $21M | $23M | $34M | $23M | $37M | $27M | $43M | $38M | $13M | $9M | |
| Investing Cash Flow | $-222M | $-68M | $-77M | $-173M | $-2.09B | $-98M | $-245M | $-238M | $-85M | $-51M | $-398M | · | |
| Stock Repurchased | $175M | $0 | $0 | $0 | $13M | $15M | $18M | $147M | $7M | $112M | $645.0K | $23M | |
| Net Stock Activity | $-175M | · | · | $0 | $-13M | $-15M | $-18M | $-147M | $-7M | $-112M | $-645.0K | $-23M | |
| Financing Cash Flow | $-160M | $22M | $-312M | $-344M | $1.42B | $114M | $89M | $-64M | $39M | $-138M | $91M | · | |
| Net Change in Cash | $271M | $579M | $-8M | $-135M | $-294M | $371M | $98M | $-52M | $150M | $3M | $-173M | $127M | |
| Taxes Paid | $41M | $84M | $143M | $38M | $2M | $3M | $21M | $7M | $36M | $30M | $27M | $10M | |
| Free Cash Flow | $638M | $604M | · | $359M | $338M | $332M | $217M | $223M | $153M | $154M | $77M | $114M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.5% | 43.8% | · | 42.4% | 44.6% | 48.6% | 47.6% | 47.0% | 47.5% | 47.0% | 46.9% | 47.3% | |
| Operating Margin | 15.3% | 14.0% | · | 11.6% | 11.3% | 15.5% | 14.4% | 16.3% | 19.1% | 17.4% | 18.3% | 19.2% | |
| Net Margin | 13.5% | 12.3% | · | 8.9% | 10.1% | 17.4% | 13.5% | 15.8% | 19.5% | 14.5% | 11.0% | 11.9% | |
| Pretax Margin | 16.7% | 14.4% | · | 10.1% | 10.0% | 15.7% | 14.7% | 16.7% | 19.2% | 17.1% | 18.4% | 19.2% | |
| EBITDA Margin | 21.3% | 20.7% | · | 20.2% | 19.9% | 22.8% | 21.4% | 22.9% | 25.6% | 24.0% | 21.6% | 22.2% | |
| ROA | 5.8% | 5.3% | · | 3.5% | 4.4% | 8.1% | 7.4% | 8.7% | 11.1% | 8.1% | 6.7% | 11.6% | |
| ROE | 8.6% | 7.9% | · | 6.3% | 7.1% | 10.0% | 9.3% | 10.7% | 15.6% | 12.3% | 10.8% | 20.2% | |
| ROIC | 7.8% | 6.4% | · | 5.2% | 6.0% | 9.7% | 8.9% | 10.9% | 14.0% | 12.2% | 7.5% | 17.6% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.1 | 1.4 | · | 1.0 | 1.2 | 2.0 | 1.3 | 1.2 | 1.3 | 0.8 | 0.8 | 1.5 | |
| Quick Ratio | 1.0 | 1.3 | · | 0.9 | 1.1 | 1.9 | 1.3 | 1.1 | 1.2 | 0.7 | 0.7 | 1.4 | |
| Debt / Equity | · | 0.2 | · | 0.4 | 0.3 | · | · | · | · | · | · | · | |
| LT Debt / Equity | · | 0.2 | · | 0.4 | 0.3 | · | · | · | · | · | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 1.0 | |
| Receivables Turnover | 3.8 | 3.5 | · | 3.4 | 3.5 | 3.0 | 3.2 | 3.4 | 3.9 | 4.0 | 4.1 | 4.5 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $76.90 | $70.38 | · | · | · | · | · | · | · | · | · | · | |
| Revenue / Share | $53.24 | $49.15 | · | $43.64 | $37.69 | $26.89 | $27.09 | $23.31 | $21.42 | $19.41 | $16.17 | $13.93 | |
| Cash Flow / Share | $14.92 | $14.36 | · | $9.00 | $8.80 | $8.55 | $6.35 | $6.24 | $4.99 | $4.92 | $2.44 | $3.49 | |
| Cash / Share | $21.09 | $15.47 | · | · | · | · | · | · | · | · | · | · | |
| EPS (TTM) | $7.20 | $6.05 | $3.88 | $3.87 | $3.82 | $4.69 | $3.65 | $3.68 | $4.32 | $2.92 | $1.77 | $1.66 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 9.1% | 9.5% | 5.5% | 16.2% | 42.6% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 8.0% | 10.3% | 20.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 15.9% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 19.0% | 55.9% | 0.26% | 1.3% | -18.6% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 23.0% | 16.6% | -6.1% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 8.9% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 20.0% | 58.5% | 1.0% | 1.7% | -17.1% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 24.3% | 17.7% | -5.2% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 10.1% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.33B | $2.14B | $1.95B | $1.85B | $1.59B | $1.12B | $1.09B | $935M | $841M | $760M | $591M | $493M | |
| Net Income TTM | $316M | $263M | $166M | $164M | $161M | $195M | $147M | $147M | $170M | $114M | $65M | $59M | |
| Market Cap | $21.86B | $27.76B | · | · | · | · | · | · | · | · | · | · | |
| Enterprise Value | · | $27.59B | · | · | · | · | · | · | · | · | · | · | |
| P/E | 63.0 | 95.3 | 107.8 | 83.3 | 140.8 | 93.1 | 82.2 | 50.5 | 41.0 | 48.9 | 98.5 | 65.9 | |
| P/S | 9.4 | 13.0 | · | · | · | · | · | · | · | · | · | · | |
| P/B | 5.9 | 8.2 | · | · | · | · | · | · | · | · | · | · | |
| P / Tangible Book | 65.8 | 1119.4 | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 33.4 | 44.4 | · | · | · | · | · | · | · | · | · | · | |
| P / FCF | 34.3 | 46.0 | · | · | · | · | · | · | · | · | · | · | |
| EV / EBITDA | · | 62.3 | · | · | · | · | · | · | · | · | · | · | |
| EV / FCF | · | 45.7 | · | · | · | · | · | · | · | · | · | · | |
| EV / Revenue | · | 12.9 | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 1.6% | 1.1% | 0.93% | 1.2% | 0.71% | 1.1% | 1.2% | 2.0% | 2.4% | 2.1% | 1.0% | 1.5% |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $645M | $614M | $575M | $596M | $596M | $565M | $541M | $543M | $541M | $512M | $481M | $495M | $504M | $472M | $452M | $473M | |
| Cost of Revenue | $338M | $317M | $313M | $314M | $323M | $298M | $304M | $306M | $303M | $289M | $268M | $270M | $281M | $272M | $259M | $269M | |
| Gross Profit | $307M | $296M | $262M | $281M | $273M | $267M | $237M | $237M | $238M | $224M | $213M | $225M | $223M | $200M | $193M | $205M | |
| SG&A Expense | $94M | $84M | $80M | $80M | $77M | $79M | $80M | $72M | $75M | $73M | $80M | $79M | $78M | $72M | $67M | $70M | |
| Operating Income | $95M | $100M | $75M | $98M | $96M | $89M | $72M | $83M | $78M | $67M | $48M | $64M | $62M | $45M | $41M | $61M | |
| Other Non-op | $3M | $8M | $11M | $11M | $8M | $7M | $6M | $5M | $2M | $2M | $652.0K | $787.0K | $643.0K | $1M | $1M | $131.0K | |
| Pretax Income | $121M | $106M | $85M | $108M | $103M | $95M | $77M | $86M | $79M | $67M | $45M | $59M | $56M | $39M | $34M | $52M | |
| Income Tax | $27M | $25M | $19M | $23M | $18M | $14M | $12M | $10M | $11M | $12M | $6M | $12M | $7M | $8M | $3M | $-1M | |
| Net Income | $94M | $81M | $66M | $84M | $85M | $81M | $65M | $76M | $68M | $54M | $39M | $47M | $49M | $31M | $31M | $53M | |
| EPS (Basic) | $2.25 | $1.90 | $1.52 | $1.96 | $1.96 | $1.88 | $1.52 | $1.78 | $1.59 | $1.28 | $0.92 | $1.12 | $1.17 | $0.74 | $0.74 | $1.28 | |
| EPS (Diluted) | $2.23 | $1.88 | $1.50 | $1.93 | $1.93 | $1.84 | $1.48 | $1.74 | $1.57 | $1.26 | $0.90 | $1.10 | $1.15 | $0.73 | $0.73 | $1.26 | |
| Shares (Basic) | 41,619,000 | 42,805,000 | · | 43,135,000 | 43,163,000 | 43,024,000 | · | 42,714,000 | 42,527,000 | 42,332,000 | · | 42,087,000 | 41,980,000 | 41,832,000 | · | 41,600,000 | |
| Shares (Diluted) | 41,854,000 | 43,147,000 | · | 43,834,000 | 43,929,000 | 43,943,000 | · | 43,694,000 | 43,275,000 | 43,100,000 | · | 42,841,000 | 42,751,000 | 42,506,000 | · | 42,407,000 | |
| EBITDA | $131M | $139M | · | $133M | $130M | $124M | · | $83M | $78M | $107M | · | $64M | $62M | $83M | · | $61M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $895M | $316M | $1.02B | $834M | $787M | $706M | $745M | $538M | $251M | $188M | · | $131M | $119M | $131M | · | $186M | |
| Short-term Investments | $75M | $30M | $82M | $117M | $105M | $102M | $23M | $6M | $7M | $9M | · | $12M | $19M | $29M | · | $39M | |
| Receivables | $725M | $573M | $639M | $662M | $714M | $560M | $588M | $620M | $701M | $542M | · | $624M | $639M | $509M | · | $562M | |
| Prepaid Expense | $87M | $98M | $75M | $80M | $91M | $92M | $65M | $68M | $77M | $76M | · | $60M | $71M | $71M | · | $59M | |
| Other Current Assets | $11M | $10M | $9M | $8M | $8M | $8M | $8M | $6M | $7M | $9M | · | $7M | $10M | $7M | · | $7M | |
| Current Assets | $1.82B | $1.04B | $1.84B | $1.74B | $1.72B | $1.47B | $1.44B | $1.24B | $1.04B | $824M | · | $842M | $857M | $746M | · | $860M | |
| PP&E (Net) | $159M | $159M | $160M | $161M | $161M | $161M | $164M | $165M | $168M | $167M | · | $166M | $166M | $168M | · | $175M | |
| PP&E (Gross) | · | · | $331M | · | · | · | $338M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $171M | · | · | · | $174M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $2.75B | $2.59B | $2.59B | $2.55B | $2.54B | $2.54B | $2.53B | $2.53B | $2.53B | $2.53B | $2.53B | $2.51B | $2.49B | $2.49B | $2.49B | $2.45B | |
| Intangibles | · | $756M | $780M | $779M | $794M | $817M | $832M | $855M | $878M | $901M | · | $938M | $949M | $976M | · | $1.00B | |
| Other Non-current Assets | $88M | $92M | $94M | $88M | $86M | $86M | $86M | $83M | $77M | $63M | · | $52M | $48M | $50M | · | $50M | |
| Total Assets | $5.81B | $4.80B | $5.64B | $5.46B | $5.43B | $5.19B | $5.18B | $5.00B | $4.82B | $4.61B | · | $4.64B | $4.64B | $4.56B | $4.69B | $4.68B | |
| Accounts Payable | $179M | $186M | $175M | $148M | $172M | $171M | $157M | $145M | $150M | $145M | · | $133M | $119M | $122M | · | $108M | |
| Accrued Liabilities | $182M | $133M | $191M | $173M | $173M | $128M | $198M | $161M | $153M | $106M | · | $134M | $127M | $105M | · | $134M | |
| Current Liabilities | $1.17B | $1.04B | $1.76B | $1.69B | $1.67B | $1.56B | $1.07B | $1.02B | $987M | $873M | · | $909M | $854M | $835M | · | $812M | |
| Capital Leases | $35M | $37M | $33M | $35M | $34M | $32M | $31M | $34M | $36M | $38M | · | $42M | $44M | $47M | · | $50M | |
| Deferred Tax | $109M | $109M | $95M | $76M | $36M | $36M | $48M | $37M | $42M | $54M | · | $105M | $109M | $130M | · | $203M | |
| Other Non-current Liabilities | $35M | $33M | $31M | $31M | $25M | $27M | $27M | $32M | $26M | $24M | · | $23M | $19M | $17M | · | $14M | |
| Total Liabilities | $2.78B | $1.24B | $1.94B | $1.85B | $1.79B | $1.68B | $1.79B | $1.72B | $1.69B | $1.59B | · | $1.78B | $1.87B | $1.87B | · | $2.13B | |
| Long-term Debt | · | · | $600M | $599M | $599M | $598M | $598M | $598M | $597M | $597M | · | $735M | $869M | $869M | · | $1.08B | |
| Total Debt | · | · | · | · | · | · | · | $598M | $597M | $597M | · | $735M | $869M | $869M | · | $1.08B | |
| Common Stock | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | $481.0K | · | $481.0K | $481.0K | $481.0K | · | $481.0K | |
| Retained Earnings | $2.36B | $2.26B | $2.18B | $2.12B | $2.03B | $1.95B | $1.87B | $1.80B | $1.73B | $1.66B | · | $1.56B | $1.52B | $1.47B | · | $1.41B | |
| Treasury Stock | $781M | $276M | $96M | $160M | $18M | $17M | $18M | $19M | $19M | $20M | · | $21M | $22M | $22M | · | $23M | |
| AOCI | $-400.0K | $-279.0K | $-11.0K | $-54.0K | $-115.0K | $-83.0K | $-157.0K | $-163.0K | $-218.0K | $-273.0K | · | $-522.0K | $-785.0K | $-750.0K | · | $-846.0K | |
| Stockholders' Equity | $3.04B | $3.56B | $3.70B | $3.60B | $3.63B | $3.51B | $3.39B | $3.28B | $3.13B | $3.02B | $2.94B | $2.85B | $2.77B | $2.69B | $2.62B | $2.55B | |
| Liabilities + Equity | $5.81B | $4.80B | $5.64B | $5.46B | $5.43B | $5.19B | $5.18B | $5.00B | $4.82B | $4.61B | · | $4.64B | $4.64B | $4.56B | · | $4.68B | |
| Shares Outstanding | 48,147,969 | 48,147,969 | 48,148,000 | 48,147,969 | 48,147,969 | 48,147,969 | 48,148,000 | 48,147,969 | 48,147,969 | 48,147,969 | 48,148,000 | 48,147,969 | 48,147,969 | 48,147,969 | 48,148,000 | 48,147,969 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $36M | $39M | $34M | $35M | $34M | $35M | $35M | $35M | $34M | $40M | $40M | $38M | $38M | $38M | $42M | $41M | |
| Stock-based Comp | $44M | $37M | $39M | $37M | $38M | $38M | $34M | $31M | $30M | $27M | $27M | $27M | $26M | $28M | $25M | $27M | |
| Deferred Tax | $18M | $14M | $17M | $37M | $0 | $-11M | $11M | $-5M | $-12M | $-24M | $-30M | $-4M | $-21M | $-19M | $-54M | $-14M | |
| Other Non-cash | · | $-64M | · | · | · | $-86M | · | · | · | $-25M | · | · | · | $-4M | · | · | |
| Operating Cash Flow | $124M | $107M | $244M | $255M | $98M | $56M | $225M | $264M | $64M | $72M | $147M | $177M | $-19M | $75M | $122M | $129M | |
| CapEx | $5M | $3M | $4M | $4M | $5M | $2M | $4M | $3M | $7M | $7M | $8M | $6M | $4M | $2M | $5M | $5M | |
| Investing Cash Flow | $-258M | $56M | $-58M | $-55M | $-13M | $-96M | $-33M | $-9M | $-13M | $-13M | $-36M | $-40M | $108.0K | $-600.0K | $-47M | $-15M | |
| Stock Repurchased | $505M | $250M | $0 | $173M | $2M | $0 | $0 | $0 | · | · | · | · | · | · | · | $0 | |
| Net Stock Activity | · | $-250M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $713M | $-863M | $-4M | $-153M | $-4M | $1M | $15M | $33M | $11M | $-36M | $-77M | $-125M | $7M | $-117M | $-87M | $-181M | |
| Net Change in Cash | $579M | $-699M | $181M | $47M | $82M | $-39M | $206M | $288M | $62M | $23M | $34M | $13M | $-12M | $-43M | $-12M | $-67M | |
| Taxes Paid | $16M | $46.0K | $-7M | $1M | $47M | $-323.0K | $39M | $7M | $40M | $-680.0K | $25M | $25M | $93M | $-548.0K | $3M | $11M | |
| Free Cash Flow | · | $104M | · | · | · | $54M | · | · | · | $65M | · | · | · | $73M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.6% | 48.3% | · | 47.2% | 45.8% | 47.3% | · | 43.7% | 44.0% | 43.6% | · | 45.5% | 44.3% | 42.4% | · | 43.2% | |
| Operating Margin | 14.7% | 16.3% | · | 16.4% | 16.0% | 15.8% | · | 15.2% | 14.4% | 13.1% | · | 12.9% | 12.3% | 9.5% | · | 12.9% | |
| Net Margin | 14.5% | 13.2% | · | 14.2% | 14.2% | 14.3% | · | 14.0% | 12.5% | 10.6% | · | 9.5% | 9.7% | 6.5% | · | 11.2% | |
| Pretax Margin | 18.7% | 17.3% | · | 18.1% | 17.2% | 16.9% | · | 15.8% | 14.5% | 13.0% | · | 11.9% | 11.1% | 8.2% | · | 10.9% | |
| EBITDA Margin | 20.3% | 22.6% | · | 22.3% | 21.8% | 21.9% | · | 15.2% | 14.4% | 20.9% | · | 12.9% | 12.3% | 17.6% | · | 12.9% | |
| ROA | 1.7% | 1.6% | · | 1.6% | 1.7% | 1.7% | · | 1.6% | 1.4% | 1.2% | · | 1.0% | 1.0% | 0.67% | · | 1.1% | |
| ROE | 2.8% | 2.3% | · | 2.5% | 2.5% | 2.5% | · | 2.5% | 2.3% | 1.9% | · | 1.7% | 1.9% | 1.2% | · | 2.2% | |
| ROIC | 2.4% | 2.1% | · | 2.1% | 2.2% | 2.2% | · | 1.9% | 1.8% | 1.5% | · | 1.4% | 1.5% | 1.0% | · | 1.7% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.6 | 1.0 | · | 1.0 | 1.0 | 0.9 | · | 1.2 | 1.1 | 0.9 | · | 0.9 | 1.0 | 0.9 | · | 1.1 | |
| Quick Ratio | 1.4 | 0.9 | · | 1.0 | 1.0 | 0.9 | · | 1.1 | 1.0 | 0.8 | · | 0.8 | 0.9 | 0.8 | · | 1.0 | |
| Debt / Equity | · | · | · | · | · | · | · | 0.2 | 0.2 | 0.2 | · | 0.3 | 0.3 | 0.3 | · | 0.4 | |
| LT Debt / Equity | · | · | · | · | · | · | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.3 | 0.3 | · | 0.4 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 0.9 | 1.1 | · | 0.9 | 0.8 | 1.0 | · | 0.9 | 0.8 | 1.0 | · | 0.8 | 0.8 | 0.9 | · | 0.9 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $63.08 | $73.90 | · | $74.83 | $75.49 | $72.96 | · | $68.02 | $65.05 | $62.79 | · | $59.25 | $57.49 | $55.79 | · | $52.91 | |
| Revenue / Share | $15.41 | $14.22 | · | $13.59 | $13.57 | $12.86 | · | $12.44 | $12.50 | $11.89 | · | $11.55 | $11.80 | $11.10 | · | $11.16 | |
| Cash Flow / Share | · | $2.49 | · | · | · | $1.28 | · | · | · | $1.67 | · | · | · | $1.76 | · | · | |
| Cash / Share | $18.60 | $6.56 | · | $17.32 | $16.35 | $14.66 | · | $11.18 | $5.21 | $3.91 | · | $2.73 | $2.47 | $2.72 | · | $3.86 | |
| EPS (TTM) | $7.54 | $7.24 | · | $7.18 | $6.99 | $6.63 | · | $5.47 | $4.83 | $4.41 | · | $3.71 | $3.87 | $3.66 | · | $4.43 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.43B | $2.38B | · | $2.30B | $2.25B | $2.19B | · | $2.08B | $2.03B | $1.99B | · | $1.92B | $1.90B | $1.87B | · | $1.83B | |
| Net Income TTM | $325M | $316M | · | $315M | $307M | $290M | · | $237M | $208M | $189M | · | $158M | $164M | $155M | · | $188M | |
| Market Cap | $14.08B | $16.48B | · | $25.19B | $28.54B | $27.99B | · | $28.10B | $24.21B | $20.46B | · | $18.59B | $20.05B | $17.08B | · | $16.73B | |
| Enterprise Value | · | · | · | · | · | · | · | $28.16B | $24.55B | $20.86B | · | $19.18B | $20.78B | $17.78B | · | $17.58B | |
| P/E | 38.8 | 47.3 | · | 72.9 | 84.8 | 87.7 | · | 106.7 | 104.1 | 96.4 | · | 104.1 | 107.6 | 96.9 | · | 78.4 | |
| P/S | 5.8 | 6.9 | · | 11.0 | 12.7 | 12.8 | · | 13.5 | 11.9 | 10.3 | · | 9.7 | 10.5 | 9.2 | · | 9.1 | |
| P/B | 4.6 | 4.6 | · | 7.0 | 7.9 | 8.0 | · | 8.6 | 7.7 | 6.8 | · | 6.5 | 7.2 | 6.4 | · | 6.6 | |
| P / Tangible Book | 49.8 | 78.2 | · | 93.6 | 95.5 | 182.1 | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | · | 153.7 | · | · | · | 498.5 | · | · | · | 284.9 | · | · | · | 228.6 | · | · | |
| EV / Revenue | · | · | · | · | · | · | · | 13.6 | 12.1 | 10.5 | · | 10.0 | 10.9 | 9.5 | · | 9.6 | |
| Earnings Yield | 2.6% | 2.1% | · | 1.4% | 1.2% | 1.1% | · | 0.94% | 0.96% | 1.0% | · | 0.96% | 0.93% | 1.0% | · | 1.3% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $2.33B | $2.14B | $1.95B | $1.85B | $1.59B |
| Gross Margin % | 46.5% | 43.8% | · | 42.4% | 44.6% |
| Operating Margin % | 15.3% | 14.0% | · | 11.6% | 11.3% |
| Net Income | $316M | $263M | $166M | $164M | $161M |
| Diluted EPS | $7.20 | $6.05 | $3.88 | $3.87 | $3.82 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | · | 0.2 | · | 0.4 | 0.3 |
| Current Ratio | 1.1 | 1.4 | · | 1.0 | 1.2 |
| Quick Ratio | 1.0 | 1.3 | · | 0.9 | 1.1 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $638M | $604M | · | $359M | $338M |
Institutional owners (13F) 821 filers · $14.9B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
821
Value held
$14.9B
New positions
102
Exited positions
110
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 102 (-29 vs prior Q) | 110 (-40 vs prior Q) | 225 (-88 vs prior Q) | 327 (+86 vs prior Q) | +3.3M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $2,627,242,889 | 5,787,516 | 17.66% | Shares |
| BlackRock, Inc. | $1,129,890,356 | 3,863,402 | 7.60% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $806,155,754 | 2,756,465 | 5.42% | Shares |
| NORGES BANK | $781,554,311 | 2,672,346 | 5.25% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $618,827,520 | 2,115,939 | 4.16% | Shares |
| STATE STREET CORP | $596,595,003 | 2,039,920 | 4.01% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $592,838,391 | 2,027,041 | 3.99% | Shares |
| MORGAN STANLEY | $469,080,705 | 1,603,911 | 3.15% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $353,429,034 | 1,206,676 | 2.38% | Shares |
| Invesco Ltd. | $306,254,396 | 1,047,167 | 2.06% | Shares |
| VAN ECK ASSOCIATES CORP | $271,886,609 | 929,654 | 1.83% | Shares |
| Artisan Partners Limited Partnership | $206,074,661 | 704,625 | 1.39% | Shares |
| FEDERATED HERMES, INC. | $187,882,153 | 642,420 | 1.26% | Shares |
| UBS Group AG | $184,242,196 | 629,974 | 1.24% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $180,139,043 | 610,496 | 1.21% | Shares |
| RGM Capital, LLC | $138,474,270 | 305,043 | 0.93% | Shares |
| NEUBERGER BERMAN GROUP LLC | $134,371,080 | 459,451 | 0.90% | Shares |
| NORTHERN TRUST CORP | $131,127,952 | 448,362 | 0.88% | Shares |
| Local Pensions Partnership Investment Ltd | $130,823,964 | 447,292 | 0.88% | Shares |
| GOLDMAN SACHS GROUP INC | $128,852,582 | 440,582 | 0.87% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $120,498,244 | 351,943 | 0.81% | Shares |
| BANK OF AMERICA CORP /DE/ | $116,831,336 | 399,478 | 0.79% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $108,240,908 | 370,105 | 0.73% | Shares |
| APG Asset Management N.V. | $107,740,545 | 421,185 | 0.72% | Shares |
| MARSHALL WACE, LLP | $102,420,079 | 350,202 | 0.69% | Shares |
| CITADEL ADVISORS LLC | $95,076,699 | 325,093 | 0.64% | Shares |
| Balyasny Asset Management L.P. | $94,784,824 | 324,095 | 0.64% | Shares |
| DEUTSCHE BANK AG\ | $88,644,627 | 303,100 | 0.60% | Shares |
| FRANKLIN RESOURCES INC | $88,204,475 | 301,595 | 0.59% | Shares |
| CITIGROUP INC | $82,681,367 | 282,710 | 0.56% | Shares |
| JPMORGAN CHASE & CO | $81,848,556 | 281,507 | 0.55% | Shares |
| Holocene Advisors, LP | $78,674,080 | 269,008 | 0.53% | Shares |
| WELLS FARGO & COMPANY/MN | $77,706,612 | 265,700 | 0.52% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $74,399,193 | 254,391 | 0.50% | Shares |
| RIVERBRIDGE PARTNERS LLC | $73,530,767 | 251,422 | 0.49% | Shares |
| Bank of New York Mellon Corp | $72,426,081 | 247,644 | 0.49% | Shares |
| AMERIPRISE FINANCIAL INC | $72,238,937 | 247,005 | 0.49% | Shares |
| Tensile Capital Management LP | $71,665,276 | 245,043 | 0.48% | Shares |
| RAYMOND JAMES FINANCIAL INC | $70,695,480 | 241,727 | 0.48% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $70,518,540 | 241,122 | 0.47% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $69,217,093 | 236,672 | 0.47% | Shares |
| GENEVA CAPITAL MANAGEMENT LLC | $60,897,928 | 208,227 | 0.41% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $57,463,497 | 196,490 | 0.39% | Shares |
| Mizuho Markets Cayman LP | $57,408,728 | 196,296 | 0.39% | Shares |
| JANUS HENDERSON GROUP PLC | $55,593,855 | 162,378 | 0.37% | Shares |
| Legal & General Group Plc | $55,112,332 | 188,444 | 0.37% | Shares |
| Hudson Way Capital Management LLC | $53,676,646 | 183,535 | 0.36% | Shares |
| LOOMIS SAYLES & CO L P | $53,639,504 | 183,408 | 0.36% | Shares |
| Amundi | $53,125,365 | 181,650 | 0.36% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $51,659,000 | 176,637 | 0.35% | Shares |
Activists & 5%+ owners 8 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Larry D. Leinweber | Nov. 25, 2015 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | May 30, 2003 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | Nov. 5, 2002 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | Aug. 28, 2002 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | July 10, 2002 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person | May 24, 2002 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | Nov. 29, 2001 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | March 19, 2001 | · | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 23 insiders · 4 officers · 5 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Lynn H Moore JR | President and CEO | Aug. 28, 2026 M | 100,392 | 0 | 1 | $-3,448,308 |
| Brian K Miller | Executive VP and CFO | June 15, 2026 G | 25,305 | 0 | 3 | $-1,376,240 |
| Jeffrey David Puckett | Chief Operating Officer | Sept. 30, 2026 A | 7,800 | 0 | 6 | $-4,943,761 |
| John M Yeaman | Chairman of the Board | March 15, 2017 M | 316,294 | 0 | 0 | $0 |
| J. Luther King, Jr. | Director | May 12, 2021 M | 102,832 | 0 | 0 | $0 |
| Larry D Leinweber | Director | Dec. 15, 2017 S | 943,688 | 0 | 0 | $0 |
| Benjamin T Morris | Director | Dec. 23, 2003 G | 22,500 | 0 | 0 | $0 |
| Andrew D. Teed | · | May 6, 2026 M | 5,570 | 1 | 0 | $495,856 |
| Ronnie D. Hawkins Jr. | · | May 6, 2026 M | 2,971 | 0 | 0 | $0 |
| Daniel M Pope | · | May 6, 2026 M | 3,323 | 0 | 1 | $-177,700 |
| Brenda A Cline | · | May 6, 2026 M | 2,971 | 0 | 0 | $0 |
| Glenn A Carter | · | May 6, 2026 M | 5,750 | 0 | 2 | $-796,368 |
| Margot Lebenberg Carter | · | May 6, 2026 M | 970 | 0 | 0 | $0 |
| Abigail Marshall Diaz-Pedrosa | · | March 1, 2026 A | 4,437 | 1 | 0 | $198,299 |
| John S Marr JR | · | March 1, 2026 M | 9,342 | 0 | 0 | $0 |
| Dustin R Womble | · | April 29, 2024 G | 6,422 | 0 | 0 | $0 |
| Mary L. Landrieu | · | June 14, 2023 S | 1,786 | 0 | 0 | $0 |
| BRATTAIN DONALD R | · | May 12, 2021 M | 1,903 | 0 | 0 | $0 |
| Bruce Graham | · | Dec. 1, 2015 A | · | 0 | 0 | $0 |
| Michael D Richards | · | June 13, 2014 M | 50,000 | 0 | 0 | $0 |
| Stuart G Reeves | · | June 6, 2014 M | 27,000 | 0 | 0 | $0 |
| Glenn A Smith | · | July 26, 2005 A | 427,571 | 0 | 0 | $0 |
| Theodore L Bathurst | · | July 15, 2005 P | 38,145 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 94 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| CVSM · Elevation Series Trust | 2.11% | 6,438 NS | July 31, 2026 | N-PORT |
| RSPT · Invesco Exchange-Traded Fund Trust | 1.24% | 231,720 SH | Oct. 2, 2026 | Daily |
| CVAR · ETF Opportunities Trust | 0.97% | 1,343 NS | July 31, 2026 | N-PORT |
| NUMV · Nushares ETF Trust | 0.76% | 10,916 NS | July 31, 2026 | N-PORT |
| IGV · iShares Trust | 0.49% | 192,863 SH | Sept. 11, 2026 | Daily |
| COWG · Pacer Funds Trust | 0.42% | 30,042 NS | July 31, 2026 | N-PORT |
| NUMG · Nushares ETF Trust | 0.42% | 4,720 NS | July 31, 2026 | N-PORT |
| ESLG · Strategy Shares | 0.40% | 304 NS | July 31, 2026 | N-PORT |
| FXL · First Trust Exchange-Traded AlphaDE… | 0.35% | 29,078 NS | July 31, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.34% | 559,228 SH | Aug. 19, 2026 | Daily |
| ESUM · Strategy Shares | 0.24% | 1,408 NS | July 31, 2026 | N-PORT |
| TEXN · iShares Trust | 0.23% | 130 SH | Sept. 11, 2026 | Daily |
| ESML · iShares Trust | 0.22% | 18,737 SH | Sept. 11, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.20% | 569,672 SH | Oct. 2, 2026 | Daily |
| IMCG · iShares Trust | 0.20% | 23,284 SH | Sept. 11, 2026 | Daily |
| VFMV · VANGUARD WELLINGTON FUND | 0.17% | 2,490 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.15% | 967,762 SH | Aug. 19, 2026 | Daily |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.15% | 38,650 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.14% | 62,982 SH | Sept. 11, 2026 | Daily |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.14% | 3,665 NS | July 31, 2026 | N-PORT |
| WSML · iShares Trust | 0.13% | 2,576 SH | Sept. 11, 2026 | Daily |
| IWR · iShares Trust | 0.10% | 172,473 SH | Sept. 11, 2026 | Daily |
| SPHQ · Invesco Exchange-Traded Fund Trust | 0.10% | 57,586 SH | Oct. 2, 2026 | Daily |
| IMCB · iShares Trust | 0.10% | 4,933 SH | Sept. 11, 2026 | Daily |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.09% | 1,399 NS | July 31, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.09% | 55,960 NS | July 31, 2026 | N-PORT |
| XOEF · iShares Trust | 0.08% | 54 SH | Sept. 11, 2026 | Daily |
| VGT · VANGUARD WORLD FUND | 0.08% | 493,350 SH | Aug. 19, 2026 | Daily |
| RILA · Spinnaker ETF Series | 0.07% | 99 NS | July 31, 2026 | N-PORT |
| IYW · iShares Trust | 0.07% | 52,061 SH | Sept. 11, 2026 | Daily |
| IGM · iShares Trust | 0.06% | 19,819 SH | Sept. 11, 2026 | Daily |
| TECL · Direxion Shares ETF Trust | 0.06% | 10,302 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.06% | 1,508 SH | Oct. 2, 2026 | Daily |
| IXN · iShares Trust | 0.05% | 14,305 SH | Sept. 11, 2026 | Daily |
| PALC · Pacer Funds Trust | 0.05% | 329 NS | July 31, 2026 | N-PORT |
| IVE · iShares Trust | 0.05% | 69,941 SH | Sept. 11, 2026 | Daily |
| IUSV · iShares Trust | 0.04% | 36,798 SH | Sept. 11, 2026 | Daily |
| ILCG · iShares Trust | 0.04% | 4,063 SH | Sept. 11, 2026 | Daily |
| TYLG · Global X Funds | 0.04% | 20 NS | July 31, 2026 | N-PORT |
| EGLE · Global X Funds | 0.04% | 3 NS | July 31, 2026 | N-PORT |
| DSI · iShares Trust | 0.04% | 6,515 SH | Sept. 11, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.04% | 9,750 SH | Aug. 19, 2026 | Daily |
| IWD · iShares Trust | 0.04% | 93,320 SH | Sept. 11, 2026 | Daily |
| SPTE · SP Funds Trust | 0.03% | 227 NS | July 31, 2026 | N-PORT |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.03% | 25,377 SH | Aug. 19, 2026 | Daily |
| GLBL · Pacer Funds Trust | 0.03% | 1 NS | July 31, 2026 | N-PORT |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.03% | 3,922 SH | Oct. 2, 2026 | Daily |
| TOPC · iShares Trust | 0.03% | 26 SH | Sept. 11, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.03% | 1,311 SH | Oct. 2, 2026 | Daily |
| XVV · iShares Trust | 0.02% | 488 SH | Sept. 11, 2026 | Daily |
| CHRI · Global X Funds | 0.02% | 6 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.02% | 46 NS | July 31, 2026 | N-PORT |
| ACVF · ETF Opportunities Trust | 0.02% | 109 NS | July 31, 2026 | N-PORT |
| CATH · Global X Funds | 0.02% | 927 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.02% | 833 SH | Sept. 11, 2026 | Daily |
| XYLD · Global X Funds | 0.02% | 2,275 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.02% | 531,175 SH | Sept. 11, 2026 | Daily |
| PTLC · Pacer Funds Trust | 0.02% | 2,204 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.02% | 1,854 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.02% | 12,030 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.02% | 29,043 SH | Sept. 11, 2026 | Daily |
| BKLC · BNY Mellon ETF Trust | 0.02% | 3,560 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.02% | 711 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.02% | 5,772 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.02% | 1,094,988 SH | Aug. 19, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.02% | 1,339,095 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.02% | 6,935 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.02% | 3,541 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.02% | 9,484 SH | Aug. 19, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.02% | 228 SH | Oct. 2, 2026 | Daily |
| XTR · Global X Funds | 0.02% | 3 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.02% | 54,503 SH | Sept. 11, 2026 | Daily |
| SPUU · Direxion Shares ETF Trust | 0.02% | 159 NS | July 31, 2026 | N-PORT |
| QDPL · Pacer Funds Trust | 0.02% | 999 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.02% | 2 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.02% | 26 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.02% | 30 SH | Oct. 2, 2026 | Daily |
| VOXP · Advisors Series Trust | 0.02% | 3 NS | July 31, 2026 | N-PORT |
| HCMT · Direxion Shares ETF Trust | 0.02% | 290 NS | July 31, 2026 | N-PORT |
| SPXL · Direxion Shares ETF Trust | 0.02% | 3,298 NS | July 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.02% | 7,462 NS | July 31, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.01% | 6,004 NS | July 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.01% | 3,708 SH | Oct. 2, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.01% | 3,529 SH | Oct. 2, 2026 | Daily |
| PWS · Pacer Funds Trust | 0.01% | 9 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.01% | 7,336 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.01% | 4,288 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.01% | 36,829 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.01% | 632 NS | July 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.01% | 7,821 NS | July 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 312 NS | July 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.00% | 617 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 84 NS | July 31, 2026 | N-PORT |
| SMMV · iShares Trust | · | 2,510 SH | Sept. 1, 2026 | Daily |
TYL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 28 analysts
BUY
Median target
$427.50
+32.4%
9 32.1%
Strong Buy
14 50.0%
Buy
5 17.9%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
22 analysts · 2026-09-28Mean target $426.64 +32.2%
← Below all targets
Current price $322.81
Low$335.00
Mean$426.64
High$525.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| TYL | $21.86B | 63.0 | 9.1% | 13.5% | 8.6% | 46.5% |
| BMNR | $10M | 3.3 | 84.1% | 5719.1% | 8.0% | · |
| PTC | $24.27B | 33.4 | 19.2% | 26.8% | 20.3% | 83.8% |
| FICO | $35.56B | 56.4 | 15.9% | 32.8% | -45.4% | · |
| TRMB | $18.49B | 44.5 | -2.6% | 11.8% | 7.4% | 69.1% |
| DOCU | $10.45B | 35.7 | 8.2% | 9.6% | 15.8% | 79.4% |
| GWRE | $12.46B | 93.2 | 22.7% | 9.4% | 10.3% | 64.2% |
| MANH | $10.37B | 48.1 | 3.8% | 20.3% | 74.1% | · |
| SAIL | $9.16B | -30.1 | 24.3% | -25.2% | -4.0% | 64.5% |
| FIG | $19.17B | -10.1 | 41.0% | -118.4% | -85.1% | 82.4% |
| AUR | · | · | · | · | · | · |
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Source: SEC 10-Q filed Jul 29, 2026