Tyler Technologies (TYL) Interest Coverage Ratio (2023 - 2026)
Tyler Technologies' (TYL) Interest Coverage Ratio stood at 31.98 in Q2 2026, down 57.8% from 75.75 a year earlier and down 65.8% from the prior quarter.
Tyler Technologies (TYL) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
On a TTM basis, Tyler Technologies' Interest Coverage Ratio came in at 56.35 as of Jun 30, 2026, down 16.9% year-over-year; for FY2025, it was 71.61, up 41.8% from FY2024.
- Annual Interest Coverage Ratio has increased for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 50.50 in FY2024 (+446.0%), 9.25 in FY2023 (+22.5%) and 7.55 in FY2022.
- The Q2 2026 figure is the lowest quarterly Interest Coverage Ratio since Q1 2024.
- On a year-over-year basis, Interest Coverage Ratio rose in seven of the last eight quarters, with growth averaging 126.0%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 542.9% in Q2 2024, against a decline of 57.8% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 93.63 (Q1 2026), 59.88 (Q4 2025) and 79.30 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | - |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 4.71 |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 8.18 |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 4.93 |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | -15.08 |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 6.79 |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | - |
| 10 | Tyler Technologies | 15.60 Bn | 12.24 Bn | 307.06 Mn | 31.98 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.98 |
| Mar 31, 2026 | 93.63 |
| Dec 31, 2025 | 59.88 |
| Sep 30, 2025 | 79.30 |
| Jun 30, 2025 | 75.75 |
| Mar 31, 2025 | 71.57 |
| Dec 31, 2024 | 56.94 |
| Sep 30, 2024 | 67.07 |
| Jun 30, 2024 | 62.28 |
| Mar 31, 2024 | 30.67 |
| Dec 31, 2023 | 12.73 |
| Sep 30, 2023 | 11.01 |
| Jun 30, 2023 | 9.69 |
Tyler Technologies Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TYL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TYL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TYL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();