Ringcentral vs Tyler Technologies
Ringcentral and Tyler Technologies are similar in size: $2.52bn and $2.33bn of revenue in their latest fiscal years. Tyler Technologies grew faster (9.1% against 4.8%). Tyler Technologies kept more of each dollar of sales as profit: a net margin of 13.5% against 1.7%.
| Latest fiscal year | RingcentralRNG, 2025 | Tyler TechnologiesTYL, 2025 |
|---|---|---|
| Revenue | $2.52bn | $2.33bn |
| Revenue growth | 4.8% | 9.1% |
| Net income | $43.4m | $316m |
| Operating margin | 4.8% | — |
| Net margin | 1.7% | 13.5% |
| Return on equity | — | 8.9% |
| Free cash flow | $587m | $638m |
| Cash | $133m | $1.02bn |
| Total debt | $1.26bn | $600m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $334m | $175m |
| Employees | 7,378 | 7,800 |
| Market value | $6.90bn | $19.59bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 49 (Moderate) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 80 sales | 2 buys, 13 sales |