First Time Loading...

Tyler Technologies Inc
NYSE:TYL

Watchlist Manager
Tyler Technologies Inc Logo
Tyler Technologies Inc
NYSE:TYL
Watchlist
Price: 419.6 USD 0.28%
Updated: Apr 24, 2024

ROIC
Return on Invested Capital

4.5%
Current
6%
Average
2.5%
Industry
Positive for the last year
4.5%
Positive average
6%
Worse than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
4.5%
=
NOPAT
188.6m
/
Invested Capital
4.2B

ROIC Across Competitors

ROIC Comparison
Tyler Technologies Inc Competitors

Country US
Market Cap 17.7B USD
ROIC
4%
Country US
Market Cap 789.1B USD
ROIC
-232%
Country US
Market Cap 670.7B USD
ROIC
62%
Country US
Market Cap 268.7B USD
ROIC
6%
Country DE
Market Cap 205.5B EUR
ROIC
8%
Country US
Market Cap 214.2B USD
ROIC
26%
Country US
Market Cap 176.7B USD
ROIC
11%
Country US
Market Cap 80.5B USD
ROIC
16%
Country US
Market Cap 76.6B USD
ROIC
27%
Country US
Market Cap 67.8B USD
ROIC
9%
Country CA
Market Cap 79.1B CAD
ROIC
4%

Profitability Report

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

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
4.5%
=
NOPAT
188.6m
/
Invested Capital
4.2B
What is the ROIC of Tyler Technologies Inc?

Based on Tyler Technologies Inc's most recent financial statements, the company has ROIC of 4.5%.