Key Insights
- Tyler Technologies' Annual General Meeting to take place on 6th of May
- Total pay for CEO H. Moore includes US$675.0k salary
- The overall pay is 47% below the industry average
- Over the past three years, Tyler Technologies' EPS grew by 19% and over the past three years, the total shareholder return was 38%
The solid performance at Tyler Technologies, Inc. (NYSE:TYL) has been impressive and shareholders will probably be pleased to know that CEO H. Moore has delivered. At the upcoming AGM on 6th of May, they would be interested to hear about the company strategy going forward and get a chance to cast their votes on resolutions such as executive remuneration and other company matters. Here we will show why we think CEO compensation is appropriate and discuss the case for a pay rise.
View our latest analysis for Tyler Technologies
Comparing Tyler Technologies, Inc.'s CEO Compensation With The Industry
At the time of writing, our data shows that Tyler Technologies, Inc. has a market capitalization of US$22b, and reported total annual CEO compensation of US$8.9m for the year to December 2024. That is, the compensation was roughly the same as last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at US$675k.
On comparing similar companies in the American Software industry with market capitalizations above US$8.0b, we found that the median total CEO compensation was US$17m. In other words, Tyler Technologies pays its CEO lower than the industry median. What's more, H. Moore holds US$44m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | US$675k | US$675k | 8% |
| Other | US$8.2m | US$8.4m | 92% |
| Total Compensation | US$8.9m | US$9.0m | 100% |
On an industry level, roughly 11% of total compensation represents salary and 89% is other remuneration. In Tyler Technologies' case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.
Tyler Technologies, Inc.'s Growth
Over the past three years, Tyler Technologies, Inc. has seen its earnings per share (EPS) grow by 19% per year. In the last year, its revenue is up 10.0%.
This demonstrates that the company has been improving recently and is good news for the shareholders. It's also good to see modest revenue growth, suggesting the underlying business is healthy. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..
Has Tyler Technologies, Inc. Been A Good Investment?
Boasting a total shareholder return of 38% over three years, Tyler Technologies, Inc. has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
Given the company's decent performance, the CEO remuneration policy might not be shareholders' central point of focus in the AGM. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.
While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. We did our research and spotted 1 warning sign for Tyler Technologies that investors should look into moving forward.
Switching gears from Tyler Technologies, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.
Valuation is complex, but we're here to simplify it.
Discover if Tyler Technologies might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.