PS vs. TYL: Pershing Square vs. Tyler Stock Comparison
How do Pershing Square (PS) and Tyler (TYL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Pershing Square (PS) and Tyler (TYL) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
Tyler (TYL) has been public since March 17, 1980, giving it decades of market history across multiple cycles, while Pershing Square (PS) listed only on April 29, 2026 and lacks comparable through-cycle data.
| Profile Item | PS | TYL |
|---|---|---|
| Name | Pluralsight Inc | Tyler Technologies Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 20.58 billion USD | 16.72 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 29, 2026 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PS | TYL |
|---|---|---|
| Total Return (1Y) | -- | -9.12% |
| Total Return (3Y, Annualized) | -- | 0.63% |
| Total Return (5Y, Annualized) | -- | -4.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Pershing Square (PS) carries a highly aggressive beta of 6.25, indicating much higher sensitivity to broad-market moves, whereas Tyler (TYL) is closer to market-like at 0.70 — a noticeable difference in market-sensitivity profile.
| Metric | PS | TYL |
|---|---|---|
| Volatility (1Y, Annualized) | 100.16% | 42.71% |
| Beta (5Y) | 6.25 | 0.70 |
| Max Drawdown (5Y) | -43.14% | -57.44% |
| Avg. Volume (3M) | 428.47K | 832.79K |
Risk-Adjusted Performance
Risk-Return Positioning
Both PS and TYL need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | PS | TYL |
|---|---|---|
| Sharpe Ratio (1Y) | -- | -0.31 |
| Sortino Ratio (1Y) | -- | -0.42 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Tyler (TYL) earns 10.49% on shareholders’ equity, ranked against its industry; Pershing Square (PS) has no ROE this period.
PS
Software & Services industry group
--
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
- PS
- --
TYL
Software & Services industry group
10.49%
- Max
- 53.85%
- Q3
- 17.90%
- TYL
- 10.49%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Pershing Square (PS) reports a negative net margin of -20.98%, usually indicating a net loss over the period. Meanwhile Tyler (TYL) reports 13.51%, ranking against industry peers normally.
PS
Software & Services industry group
-20.98%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- PS
- -20.98%
- Min
- -33.17%
TYL
Software & Services industry group
13.51%
- Max
- 41.17%
- Q3
- 15.28%
- TYL
- 13.51%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Pershing Square (PS) reports a negative operating margin of -35.45%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Tyler (TYL) reports 18.07%, ranking against industry peers normally.
PS
Software & Services industry group
-35.45%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
- PS
- -35.45%
TYL
Software & Services industry group
18.07%
- Max
- 46.89%
- TYL
- 18.07%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | PS | TYL |
|---|---|---|
| ROE (TTM) | -- | 10.49% |
| ROA (TTM) | -- | 4.40% |
| Net Margin (TTM) | -20.98% | 13.51% |
| Operating Margin (TTM) | -35.45% | 18.07% |
| Gross Margin (TTM) | 24.74% | 47.70% |
Growth
Revenue Growth
Pershing Square (PS) at 64.66% clears its industry range for revenue growth, far stronger top-line momentum than Tyler (TYL) at 9.10%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Tyler (TYL) reports EPS growth of 19.01%, ranked against its industry; Pershing Square (PS) has no EPS growth figure this period.
Growth Metrics
| Metric | PS | TYL |
|---|---|---|
| Revenue Growth (YoY) | 64.66% | 9.10% |
| Revenue Growth (3Y CAGR) | -- | 8.03% |
| EPS Growth (YoY) | -- | 19.01% |
| EPS Growth (3Y CAGR) | -- | 22.99% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Tyler (TYL) shows current ratio of 1.33 against its industry benchmark, while Pershing Square (PS) has no reading this period.
PS
Software & Services industry group
--
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
- PS
- --
TYL
Software & Services industry group
1.33
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- TYL
- 1.33
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Pershing Square (PS) at 0.18 and Tyler (TYL) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
PS
Software & Services industry group
0.18
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- PS
- 0.18
- Q1
- 0.07
- Min
- 0.00
TYL
Software & Services industry group
0.52
- Max
- 2.52
- Q3
- 1.13
- TYL
- 0.52
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | PS | TYL |
|---|---|---|
| Current Ratio (MRQ) | -- | 1.33 |
| Debt / Equity (MRQ) | 0.18 | 0.52 |
| Net Debt / EBITDA | 4.35 | 1.21 |
Dividends
Dividend Yield (TTM)
Tyler (TYL) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Pershing Square (PS) reports a yield of 0.24%, ranking against industry peers normally.
PS
Software & Services industry group
0.24%
- PS
- 0.24%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TYL
Software & Services industry group
0.00%
- TYL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Pershing Square (PS) reports a negative payout ratio of -10.99%, usually because earnings are negative; Tyler (TYL) pays no dividend (payout 0.00%).
PS
Software & Services industry group
-10.99%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
- PS
- -10.99%
TYL
Software & Services industry group
0.00%
- TYL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | PS | TYL |
|---|---|---|
| Dividend Yield (TTM) | 0.24% | 0.00% |
| Dividend Payout Ratio (TTM) | -10.99% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Tyler (TYL) trades at 52.50 times trailing earnings, ranked against its peers, while Pershing Square (PS) has no P/E ratio this period.
PS
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- PS
- --
TYL
Software & Services industry group
52.50
- Max
- 112.94
- Q3
- 60.32
- TYL
- 52.50
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Tyler (TYL) at 6.74 prices around its industry’s typical P/S ratio, while Pershing Square (PS) at 27.11 clears its benchmark range — PS looks notably rich on sales.
PS
Software & Services industry group
27.11
- PS
- 27.11
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
TYL
Software & Services industry group
6.74
- Max
- 17.91
- Q3
- 8.78
- TYL
- 6.74
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Tyler (TYL) at 6.00 is valued about in line with its industry on P/B ratio, while Pershing Square (PS) at 15.12 carries an above-peer premium to book — PS is pricier on assets.
PS
Software & Services industry group
15.12
- Max
- 16.63
- PS
- 15.12
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
TYL
Software & Services industry group
6.00
- Max
- 16.63
- Q3
- 8.50
- TYL
- 6.00
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | PS | TYL |
|---|---|---|
| P/E Ratio (TTM) | -- | 52.50 |
| P/S Ratio (TTM) | 27.11 | 6.74 |
| P/B Ratio (MRQ) | 15.12 | 6.00 |
| Free Cash Flow Yield (TTM) | -- | 4.12% |