Tyler Technologies (TYL) Return on Invested Capital [ROIC] (2011 - 2026)
Tyler Technologies' Return on Invested Capital [ROIC] was 10.28% in Q3 2026, up 3.35 percentage points from 6.93% a year earlier and up 1.65 percentage points from the prior quarter.
Tyler Technologies (TYL) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Tyler Technologies came in at 7.52%, down 0.50 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -2.08 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 8.02% in FY2024 (+1.93 pp), 6.09% in FY2023 (-0.07 pp), 6.16% in FY2022 (-0.99 pp) and 7.15% in FY2021 (-2.45 pp).
- The Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q4 2017.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in four of the last eight quarters, with an average year-over-year change of +0.74 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2026 (a gain of 3.35 percentage points); the worst was Q4 2021 (a drop of 2.99 percentage points).
- Per Business Quant data, TYL's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 8.63% (Q2 2026), 7.37% (Q1 2026) and 6.80% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 405.60 Bn | 370.43 Bn | 1.93 Bn | - |
| 2 | Oracle | 352.49 Bn | 224.62 Bn | - | 10.99% |
| 3 | Sap Se | 277.62 Bn | 205.02 Bn | 8.64 Bn | 35.64% |
| 4 | Salesforce | 176.11 Bn | 131.98 Bn | 8.70 Bn | 9.01% |
| 5 | Automatic Data Processing | 121.98 Bn | 108.77 Bn | 2.53 Bn | -47.20% |
| 6 | ServiceNow | 106.62 Bn | 85.88 Bn | 2.90 Bn | 5.25% |
| 7 | Intuit | 93.62 Bn | 72.97 Bn | 3.44 Bn | 16.71% |
| 8 | Relx | 73.30 Bn | 72.40 Bn | - | - |
| 9 | Strategy | 50.31 Bn | 37.45 Bn | 89.63 Mn | -27.59% |
| 10 | Tyler Technologies | 17.06 Bn | 13.77 Bn | 318.21 Mn | 10.28% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.28% |
| Jun 30, 2026 | 8.63% |
| Mar 31, 2026 | 7.37% |
| Dec 31, 2025 | 6.80% |
| Sep 30, 2025 | 6.93% |
| Jun 30, 2025 | 6.92% |
| Mar 31, 2025 | 7.38% |
| Dec 31, 2024 | 7.67% |
| Sep 30, 2024 | 7.38% |
| Jun 30, 2024 | 6.97% |
| Mar 31, 2024 | 6.69% |
| Dec 31, 2023 | 6.12% |
| Sep 30, 2023 | 5.92% |
| Jun 30, 2023 | 6.34% |
| Mar 31, 2023 | 6.04% |
| Dec 31, 2022 | 6.20% |
| Sep 30, 2022 | 6.86% |
| Jun 30, 2022 | 6.31% |
| Mar 31, 2022 | 6.13% |
| Dec 31, 2021 | 5.92% |
Tyler Technologies Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=TYL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=TYL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();