Tyler Technologies (NYSE:TYL) has outperformed the market over the past 20 years by 14.73% on an annualized basis producing an average annual return of 23.12%. Currently, Tyler Technologies has a market capitalization of $24.73 billion.
Buying $100 In TYL: If an investor had bought $100 of TYL stock 20 years ago, it would be worth $6,373.60 today based on a price of $579.58 for TYL at the time of writing.
Tyler Technologies's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.