Tyler Tax Provision from 2010 to 2024

TYL Stock  USD 481.84  0.42  0.09%   
Tyler Technologies Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about 33.9 M this year. Tax Provision is the amount set aside by Tyler Technologies to cover any estimated taxes for the current period. It reflects Tyler Technologies' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
5.7 M
Current Value
12.5 M
Quarterly Volatility
7.9 M
 
Covid
Check Tyler Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tyler Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.3 M, Total Revenue of 2 B or Gross Profit of 825.8 M, as well as many indicators such as Price To Sales Ratio of 9.45, Dividend Yield of 0.0048 or PTB Ratio of 3.52. Tyler financial statements analysis is a perfect complement when working with Tyler Technologies Valuation or Volatility modules.
  
Check out the analysis of Tyler Technologies Correlation against competitors.
For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.

Latest Tyler Technologies' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Tyler Technologies over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Tyler Technologies' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tyler Technologies' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Tyler Tax Provision Regression Statistics

Arithmetic Mean24,501,990
Coefficient Of Variation85.52
Mean Deviation17,541,857
Median32,317,000
Standard Deviation20,954,130
Sample Variance439.1T
Range63.3M
R-Value(0.52)
Mean Square Error345.3T
R-Squared0.27
Significance0.05
Slope(2,433,750)
Total Sum of Squares6147.1T

Tyler Tax Provision History

202433.9 M
202332.3 M
202223.4 M
2021-2.5 M
2020-19.8 M
201913.3 M
20188.4 M

About Tyler Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tyler Technologies income statement, its balance sheet, and the statement of cash flows. Tyler Technologies investors use historical funamental indicators, such as Tyler Technologies's Tax Provision, to determine how well the company is positioned to perform in the future. Although Tyler Technologies investors may use each financial statement separately, they are all related. The changes in Tyler Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tyler Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tyler Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tyler Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision32.3 M33.9 M

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Additional Information and Resources on Investing in Tyler Stock

When determining whether Tyler Technologies is a strong investment it is important to analyze Tyler Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tyler Technologies' future performance. For an informed investment choice regarding Tyler Stock, refer to the following important reports:
Check out the analysis of Tyler Technologies Correlation against competitors.
For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tyler Technologies. If investors know Tyler will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tyler Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.726
Earnings Share
4.43
Revenue Per Share
47.267
Quarterly Revenue Growth
0.086
Return On Assets
0.0329
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.