Tyler Technologies, Inc. (TYL) vs Zebra Technologies Corporation (ZBRA)
A side-by-side comparison of Tyler Technologies, Inc. and Zebra Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
TYL
Tyler Technologies, Inc.
$353.13TechnologyDelayed quote: Sep 15, 2026, 4:00 PM EDT
ZBRA
Zebra Technologies Corporation
$342.73TechnologyDelayed quote: Sep 15, 2026, 4:00 PM EDT
Total return — TYL vs ZBRA
growth of $100 · dividends reinvested · last 10yTYL +100.4% (+7.2%/yr)ZBRA +401.4% (+17.5%/yr)ZBRA compounded faster over this window
TYL ZBRA
TYL vs ZBRA: by the numbers
- •ZBRA is the larger company ($16.33B vs $14.46B market cap).
- •ZBRA trades at the lower trailing earnings multiple (32.24 vs 46.83 P/E), one valuation lens rather than an overall verdict.
- •TYL converts more revenue to profit (13.36% vs 9.22% net margin).
- •TYL grew revenue faster over the past five years (13.89% vs 2.51% CAGR).
Metrics side by side
Valuation
| Metric | TYL | ZBRA |
|---|---|---|
| P/E ratio | 46.83 | 32.24 |
| Forward P/E | 27.00 | 16.22 |
| P/S ratio | 5.95 | 2.79 |
| P/B ratio | 4.76 | 4.75 |
| EV / EBITDA | 30.09 | 16.56 |
| FCF yield | 4.94% | 5.54% |
Profitability
| Metric | TYL | ZBRA |
|---|---|---|
| Gross margin | 46.62% | 48.90% |
| Operating margin | 15.14% | 16.09% |
| Net margin | 13.36% | 9.22% |
| ROE | 10.69% | 15.69% |
| ROIC | 6.13% | 10.35% |
Growth (annualized)
| Metric | TYL | ZBRA |
|---|---|---|
| Revenue CAGR (5Y) | 13.89% | 2.51% |
| EPS CAGR (5Y) | 8.49% | -2.66% |
| FCF CAGR (5Y) | 20.84% | -3.62% |
| Total return CAGR (5Y) | -6.42% | -9.80% |
Frequently asked
- Which has the lower trailing P/E, TYL or ZBRA?
- ZBRA has the lower trailing P/E: TYL trades at 46.83 and ZBRA at 32.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, TYL or ZBRA?
- Over the past five years, TYL grew revenue faster — TYL at a 13.89% CAGR versus ZBRA at 2.51%.
- Is TYL or ZBRA more profitable?
- TYL runs the higher net margin — TYL at 13.36% versus ZBRA at 9.22%.
- How have TYL and ZBRA total returns compared?
- Over the past 10 years, TYL delivered 7.39% and ZBRA delivered 17.96% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Tyler Technologies P/E ratioZebra Technologies P/E ratioTyler Technologies ROEZebra Technologies ROETyler Technologies operating marginZebra Technologies operating marginTyler Technologies revenue growthZebra Technologies revenue growthTyler Technologies free cash flowZebra Technologies free cash flow
Tyler Technologies & Zebra 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 September 10, 2026.