Paycom Software, Inc. (PAYC) vs Tyler Technologies, Inc. (TYL)
A side-by-side comparison of Paycom Software, Inc. and Tyler Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 6, 2026. Differences are shown without an overall score or investment verdict.
PAYC
Paycom Software, Inc.
$215.97TechnologyDelayed quote: Aug 6, 2026, 4:02 PM EDT
TYL
Tyler Technologies, Inc.
$306.33TechnologyDelayed quote: Aug 6, 2026, 4:00 PM EDT
Total return — PAYC vs TYL
growth of $100 · dividends reinvested · last 12yPAYC +1068.2%TYL +280.5%PAYC compounded faster
PAYC TYL
PAYC vs TYL: by the numbers
- •TYL is the larger company ($12.54B vs $11.79B market cap).
- •PAYC trades at the lower trailing earnings multiple (18.48 vs 40.63 P/E), one valuation lens rather than an overall verdict.
- •PAYC converts more revenue to profit (22.78% vs 13.36% net margin).
- •PAYC grew revenue faster over the past five years (18.10% vs 13.89% CAGR).
- •PAYC pays a dividend (0.86% yield), while TYL is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | PAYC | TYL |
|---|---|---|
| P/E ratio | 18.48 | 40.63 |
| Forward P/E | 16.05 | 23.42 |
| P/S ratio | 3.96 | 5.28 |
| P/B ratio | 14.83 | 4.22 |
| PEG ratio | 0.69 | 3.33 |
| EV / EBITDA | 10.35 | 26.80 |
| FCF yield | 8.90% | 5.57% |
Profitability
| Metric | PAYC | TYL |
|---|---|---|
| Gross margin | 81.36% | 46.62% |
| Operating margin | 30.29% | 15.14% |
| Net margin | 22.78% | 13.36% |
| ROE | 85.32% | 10.69% |
| ROIC | 18.38% | 6.44% |
Dividends
| Metric | PAYC | TYL |
|---|---|---|
| Dividend yield | 0.86% | N/A |
| Payout ratio | 18.45% | N/A |
Growth (annualized)
| Metric | PAYC | TYL |
|---|---|---|
| Revenue CAGR (5Y) | 18.10% | 13.89% |
| EPS CAGR (5Y) | 26.70% | 8.49% |
| FCF CAGR (5Y) | 36.07% | 20.84% |
| Total return CAGR (5Y) | -17.08% | -9.12% |
Frequently asked
- Which has the lower trailing P/E, PAYC or TYL?
- PAYC has the lower trailing P/E: PAYC trades at 18.48 and TYL at 40.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PAYC or TYL?
- Over the past five years, PAYC grew revenue faster — PAYC at a 18.10% CAGR versus TYL at 13.89%.
- Does PAYC or TYL pay a bigger dividend?
- PAYC pays a dividend (0.86% yield), while TYL is a former payer with no current dividend run rate.
- Is PAYC or TYL more profitable?
- PAYC runs the higher net margin — PAYC at 22.78% versus TYL at 13.36%.
- How have PAYC and TYL total returns compared?
- Over the past 10 years, PAYC delivered 13.29% and TYL delivered 6.63% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Paycom Software P/E ratioTyler Technologies P/E ratioPaycom Software dividend yieldTyler Technologies dividend yieldPaycom Software ROETyler Technologies ROEPaycom Software operating marginTyler Technologies operating marginPaycom Software revenue growthTyler Technologies revenue growthPaycom Software free cash flowTyler Technologies free cash flow
Paycom Software & Tyler Technologies appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 6, 2026.