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Texas-based Tyler Technologies, Inc. (TYL), with a market capitalization of $27 billion, specializes in integrated information-management solutions for the public sector, serving federal, state, and local agencies, school districts, and government offices. Its software solutions span Financial Management, Education, Courts and Justice, Public Safety, Property Appraisal and Tax, and more.
Shares of TYL have outperformed the broader market over the past year. TYL has gained 54.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 32.6%. In 2024, TYL shares are up 50.5%, while SPX shares are up 26.5% on a YTD basis.