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Tyler Technologies Inc
NYSE:TYL

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Tyler Technologies Inc Logo
Tyler Technologies Inc
NYSE:TYL
Watchlist
Price: 403.35 USD 0.1% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

3.5%
Current
4%
Average
0.2%
Industry
Positive for the last year
3.5%
Positive average
4%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
3.5%
=
Net Income
165.9m
/
Total Assets
4.6B

ROA Across Competitors

ROA Comparison
Tyler Technologies Inc Competitors

Country US
Market Cap 17.1B USD
ROA
4%
Country US
Market Cap 789.1B USD
ROA
-73%
Country US
Market Cap 670.7B USD
ROA
31%
Country US
Market Cap 262.5B USD
ROA
4%
Country US
Market Cap 210.7B USD
ROA
17%
Country DE
Market Cap 193.5B EUR
ROA
9%
Country US
Market Cap 169.5B USD
ROA
10%
Country US
Market Cap 77.9B USD
ROA
14%
Country US
Market Cap 76.1B USD
ROA
19%
Country US
Market Cap 66.3B USD
ROA
9%
Country CA
Market Cap 77.6B CAD
ROA
6%

Profitability Report

View the profitability report to see the full profitability analysis for Tyler Technologies Inc.

See Also

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What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
3.5%
=
Net Income
165.9m
/
Total Assets
4.6B
What is the ROA of Tyler Technologies Inc?

Based on Tyler Technologies Inc's most recent financial statements, the company has ROA of 3.5%.