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Motorola Solutions, Inc.(MSI)Earnings, Financials & Key Ratios
MSI•NYSE
31.0× P/E·Price updated Jun 19, 2026
SectorTechnologyIndustryCommunication EquipmentSub-IndustryPublic Safety and Mission-Critical Radios
AboutMotorola Solutions, Inc. provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce. Its land mobile radio communications and video security and access control devices include two-way portable and vehicle-mounted radios, fixed and mobile video cameras, and accessories; radio network core and central processing software, base stations, consoles, and repeaters; and video analytics, network video management hardware and software, and access control solutions. The Software and Services segment provides repair, technical support, and hardware maintenance services. This segment also offers monitoring, software updates, and cybersecurity services; and public safety and enterprise command center software, unified communications applications, and video software solutions through on-premise and as a service. It serves government, public safety, and commercial customers. The company was formerly known as Motorola, Inc. and changed its name to Motorola Solutions, Inc. in January 2011. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.Show more
- Revenue$11.68B+8.0%
- EBITDA$3.39B+12.0%
- Net Income$2.15B+36.6%
- EPS (Diluted)12.76+38.2%
- Gross Margin50.18%-1.5%
- EBITDA Margin28.98%+3.7%
- Operating Margin25.12%+1.1%
- Net Margin18.44%+26.5%
- ROE103.91%-19.0%
MSI Key Insights
Motorola Solutions, Inc. (MSI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 208.4%
- ✓Strong 5Y profit CAGR of 17.8%
- ✓FCF machine: 22.0% free cash flow margin
- ✓14 consecutive years of dividend growth
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy 5Y average net margin of 16.1%
✗Weaknesses
- ✗High debt to equity ratio of 4.0x
- ✗Expensive at 27.4x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MSI Price & Volume
Motorola Solutions, Inc. (MSI) stock price & volume — 10-year historical chart
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MSI Growth Metrics
Motorola Solutions, Inc. (MSI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years7.45%
5 Years9.52%
3 Years8.63%
TTM8.31%
Profit CAGR
10 Years13.45%
5 Years17.81%
3 Years16.48%
TTM2.15%
EPS CAGR
10 Years15.5%
5 Years18.55%
3 Years17.18%
TTM3.59%
Return on Capital
10 Years23.25%
5 Years25.55%
3 Years28.66%
Last Year25.69%
MSI Recent Earnings
Motorola Solutions, Inc. (MSI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$3.37+4.0%
$3.24
Rev
$2.7B+0.6%
$2.7B
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$4.59+5.5%
$4.35
Rev
$3.4B+1.1%
$3.3B
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$4.06+5.5%
$3.85
Rev
$3.0B+0.7%
$3.0B
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$3.57+6.6%
$3.35
Rev
$2.8B+1.2%
$2.7B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $3.37vs $3.24+4.0% | $2.7Bvs $2.7B+0.6% |
| Q1 2026 | Feb 11, 2026 | $4.59vs $4.35+5.5% | $3.4Bvs $3.3B+1.1% |
| Q4 2025 | Oct 30, 2025 | $4.06vs $3.85+5.5% | $3.0Bvs $3.0B+0.7% |
| Q3 2025 | Aug 7, 2025 | $3.57vs $3.35+6.6% | $2.8Bvs $2.7B+1.2% |
Based on last 12 quarters of dataView full earnings history →
MSI Peer Comparison
Motorola Solutions, Inc. (MSI) competitors in Public Safety and Mission-Critical Radios — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AXON | 34.11B | 423.40 | 280.40 | 33.47% | 6.91% | 6.58% | 0.59 | |
 DGII | 2.6B | 69.06 | 63.94 | 1.46% | 9.1% | 6.72% | 0.28 | |
 JCI | 88.36B | 144.82 | 55.06 | 2.81% | 14.45% | 24.88% | 0.86 | |
 SAIC | 4.33B | 102.39 | 13.30 | -2.9% | 5.55% | 27.22% | 1.80 | |
 TRMB | 11.65B | 49.16 | 28.09 | -2.61% | 12.37% | 7.95% | 0.24 | |
 KSCP | 27.85M | 2.01 | -0.50 | 4.91% | -257.99% | -143.53% | 0.14 | |
 VIAV | 10.91B | 47.17 | 314.47 | 8.39% | -4.03% | -6.92% | 0.89 | |
 CALX | 2.45B | 37.95 | 145.96 | 20.26% | 3.2% | 4.25% | 0.03 |
Compare MSI vs Peers
Motorola Solutions, Inc. (MSI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MSI Income Statement
Motorola Solutions, Inc. (MSI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 6.38B | 7.34B | 7.89B | 7.41B | 8.17B | 9.11B | 9.98B | 10.82B | 11.68B | 11.87B |
Revenue Growth % | 5.66% | 15.09% | 7.41% | -6% | 10.21% | 11.52% | 9.5% | 8.41% | 8% | 8.31% |
Cost of Goods Sold | 3.36B | 3.86B | 3.96B | 3.81B | 4.13B | 4.88B | 5.01B | 5.3B | 5.82B | 6.02B |
COGS % of Revenue | 52.6% | 52.61% | 50.16% | 51.34% | 50.56% | 53.59% | 50.19% | 49.04% | 49.82% | - |
Gross Profit | 3.02B▲ 0% | 3.48B▲ 15.1% | 3.93B▲ 13.0% | 3.61B▼ 8.2% | 4.04B▲ 12.0% | 4.23B▲ 4.7% | 4.97B▲ 17.5% | 5.51B▲ 10.9% | 5.86B▲ 6.3% | 5.85B▲ 0% |
Gross Margin % | 47.4% | 47.39% | 49.84% | 48.66% | 49.44% | 46.41% | 49.81% | 50.96% | 50.18% | 49.28% |
Gross Profit Growth % | 5.4% | 15.08% | 12.96% | -8.22% | 11.97% | 4.68% | 17.52% | 10.91% | 6.35% | - |
Operating Expenses | 1.74B | 2.23B | 2.35B | 2.23B | 2.37B | 2.57B | 2.68B | 2.82B | 2.93B | 2.9B |
OpEx % of Revenue | 27.27% | 30.3% | 29.8% | 30.01% | 29.04% | 28.18% | 26.82% | 26.11% | 25.06% | - |
Selling, General & Admin | 1.02B | 1.25B | 1.4B | 1.29B | 1.35B | 1.45B | 1.56B | 1.75B | 1.87B | 1.87B |
SG&A % of Revenue | 16.07% | 17.08% | 17.79% | 17.44% | 16.56% | 15.91% | 15.64% | 16.2% | 15.99% | - |
Research & Development | 568M | 637M | 687M | 686M | 734M | 779M | 858M | 917M | 971M | 990M |
R&D % of Revenue | 8.9% | 8.67% | 8.71% | 9.25% | 8.98% | 8.55% | 8.6% | 8.48% | 8.31% | - |
Other Operating Expenses | 147M | 334M | 260M | 246M | 286M | 339M | 257M | 155M | 89M | 1000K |
Operating Income | 1.28B▲ 0% | 1.25B▼ 2.3% | 1.58B▲ 26.0% | 1.38B▼ 12.5% | 1.67B▲ 20.5% | 1.66B▼ 0.4% | 2.29B▲ 38.1% | 2.69B▲ 17.2% | 2.94B▲ 9.2% | 2.95B▲ 0% |
Operating Margin % | 20.13% | 17.09% | 20.05% | 18.65% | 20.4% | 18.23% | 22.99% | 24.85% | 25.12% | 24.84% |
Operating Income Growth % | 22.52% | -2.26% | 25.98% | -12.52% | 20.54% | -0.36% | 38.11% | 17.18% | 9.19% | - |
EBITDA | 1.63B | 1.61B | 1.98B | 1.79B | 2.1B | 2.1B | 2.65B | 3.02B | 3.39B | 3.48B |
EBITDA Margin % | 25.5% | 21.99% | 25.04% | 24.17% | 25.76% | 23.06% | 26.56% | 27.96% | 28.98% | 29.28% |
EBITDA Growth % | 21.15% | -0.74% | 22.29% | -9.27% | 17.47% | -0.19% | 26.13% | 14.11% | 11.97% | 12.64% |
D&A (Non-Cash Add-back) | 343M | 360M | 394M | 409M | 438M | 440M | 356M | 336M | 451M | 527M |
EBIT | 1.29B | 1.34B | 1.24B | 1.41B | 1.77B | 1.75B | 2.4B | 2.27B | 3.07B | 3.05B |
Net Interest Income | -201M | -222M | -220M | -220M | -208M | -226M | -216M | -227M | -307M | -360M |
Interest Income | 14M | 18M | 17M | 13M | 7M | 14M | 33M | 68M | 58M | 47M |
Interest Expense | 215M | 240M | 237M | 233M | 215M | 240M | 249M | 295M | 365M | 407M |
Other Income/Expense | -208M | -153M | -580M | -209M | -115M | -146M | -148M | -716M | -122M | -241M |
Pretax Income | 1.08B▲ 0% | 1.1B▲ 2.4% | 1B▼ 9.2% | 1.17B▲ 17.3% | 1.55B▲ 32.2% | 1.51B▼ 2.4% | 2.15B▲ 41.7% | 1.97B▼ 8.1% | 2.81B▲ 42.6% | 2.71B▲ 0% |
Pretax Margin % | 16.87% | 15.01% | 12.69% | 15.83% | 18.99% | 16.63% | 21.51% | 18.23% | 24.08% | 22.81% |
Income Tax | 1.23B | 133M | 130M | 221M | 302M | 148M | 432M | 390M | 652M | 610M |
Effective Tax Rate % | 114.03% | 12.07% | 12.99% | 18.82% | 19.46% | 9.77% | 20.13% | 19.78% | 23.18% | 22.53% |
Net Income | -155M▲ 0% | 966M▲ 723.2% | 868M▼ 10.1% | 949M▲ 9.3% | 1.25B▲ 31.2% | 1.36B▲ 9.5% | 1.71B▲ 25.4% | 1.58B▼ 7.7% | 2.15B▲ 36.6% | 2.09B▲ 0% |
Net Margin % | -2.43% | 13.16% | 11.01% | 12.8% | 15.24% | 14.96% | 17.13% | 14.58% | 18.44% | 17.61% |
Net Income Growth % | -127.68% | 723.23% | -10.14% | 9.33% | 31.19% | 9.48% | 25.39% | -7.72% | 36.59% | 2.15% |
Net Income (Continuing) | -151M | 969M | 871M | 953M | 1.25B | 1.37B | 1.71B | 1.58B | 2.16B | 2.1B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 15M | 17M | 17M | 17M | 17M | 15M | 15M | 16M | 17M | 19M |
EPS (Diluted) | -0.95▲ 0% | 5.62▲ 691.6% | 4.94▼ 12.1% | 5.45▲ 10.3% | 7.17▲ 31.6% | 7.93▲ 10.6% | 9.93▲ 25.2% | 9.23▼ 7.0% | 12.76▲ 38.2% | 12.44▲ 0% |
EPS Growth % | -129.32% | 691.58% | -12.1% | 10.32% | 31.56% | 10.6% | 25.22% | -7.05% | 38.24% | 3.59% |
EPS (Basic) | -0.95 | 5.62 | 5.21 | 5.58 | 7.36 | 8.14 | 10.23 | 9.45 | 12.93 | - |
Diluted Shares Outstanding | 162.9M | 172M | 175.6M | 174.1M | 173.6M | 171.9M | 172.1M | 170.8M | 168.1M | 168M |
Basic Shares Outstanding | 162.9M | 171.89M | 166.6M | 170M | 169.2M | 167.5M | 167M | 166.8M | 166.2M | 165.8M |
Dividend Payout Ratio | - | 34.89% | 43.66% | 45.94% | 38.71% | 38.88% | 34.46% | 41.47% | 33.8% | - |
MSI Balance Sheet
Motorola Solutions, Inc. (MSI) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 3.95B | 4.27B | 4.18B | 4.33B | 5.41B | 5.25B | 5.72B | 6.48B | 6.3B | 5.87B |
Cash & Short-Term Investments | 1.21B | 1.25B | 1B | 1.25B | 1.87B | 1.32B | 1.71B | 2.1B | 1.17B | 886M |
Cash Only | 1.21B | 1.25B | 1B | 1.25B | 1.87B | 1.32B | 1.71B | 2.1B | 1.17B | 886M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 2.07B | 2.31B | 2.46B | 2.32B | 2.49B | 2.49B | 2.81B | 3.18B | 3.77B | 3.48B |
Days Sales Outstanding | 118.54 | 114.58 | 113.75 | 114.36 | 111.27 | 99.82 | 102.86 | 107.37 | 117.92 | 108.66 |
Inventory | 327M | 356M | 447M | 508M | 788M | 1.05B | 827M | 766M | 983M | 1.18B |
Days Inventory Outstanding | 35.56 | 33.64 | 41.24 | 48.72 | 69.62 | 78.86 | 60.27 | 52.7 | 61.65 | 60.16 |
Other Current Assets | 346M | 354M | 272M | 242M | 259M | 383M | 381M | 429M | 378M | 323M |
Total Non-Current Assets | 4.26B | 5.14B | 6.46B | 6.55B | 6.78B | 7.56B | 7.61B | 8.12B | 13.09B | 13.21B |
Property, Plant & Equipment | 856M | 895M | 1.55B | 1.49B | 1.42B | 1.41B | 1.46B | 1.55B | 1.75B | 1.77B |
Fixed Asset Turnover | 7.45x | 8.20x | 5.10x | 4.98x | 5.74x | 6.45x | 6.84x | 6.97x | 6.69x | 6.93x |
Goodwill | 938M | 1.51B | 2.07B | 2.22B | 2.56B | 3.31B | 3.4B | 3.53B | 6.8B | 6.88B |
Intangible Assets | 861M | 1.23B | 1.33B | 1.23B | 1.1B | 1.34B | 1.25B | 1.25B | 3.1B | 3.05B |
Long-Term Investments | 247M | 169M | 159M | 158M | 209M | 147M | 143M | 135M | 187M | 795M |
Other Non-Current Assets | 333M | 344M | 422M | 482M | 558M | 310M | 291M | 375M | 491M | 525M |
Total Assets | 8.21B▲ 0% | 9.41B▲ 14.6% | 10.64B▲ 13.1% | 10.88B▲ 2.2% | 12.19B▲ 12.1% | 12.81B▲ 5.1% | 13.34B▲ 4.1% | 14.6B▲ 9.4% | 19.39B▲ 32.8% | 19.08B▲ 0% |
Asset Turnover | 0.78x | 0.78x | 0.74x | 0.68x | 0.67x | 0.71x | 0.75x | 0.74x | 0.60x | 0.64x |
Asset Growth % | -2.58% | 14.63% | 13.1% | 2.2% | 12.07% | 5.13% | 4.07% | 9.44% | 32.85% | 123.38% |
Total Current Liabilities | 2.93B | 3.1B | 3.44B | 3.49B | 4.06B | 4.56B | 5.74B | 5.05B | 6.08B | 5.56B |
Accounts Payable | 593M | 592M | 779M | 612M | 1.09B | 1.21B | 1.02B | 1.18B | 1.33B | 928M |
Days Payables Outstanding | 64.49 | 55.94 | 71.87 | 58.69 | 95.95 | 90.22 | 74.41 | 81.05 | 83.29 | 64.84 |
Short-Term Debt | 52M | 31M | 16M | 12M | 5M | 1M | 1.31B | 322M | 749M | 680M |
Deferred Revenue (Current) | 1.04B | 1.26B | 1.45B | 1.55B | 1.65B | 1.86B | 2.04B | 2.07B | 2.27B | 8.65B |
Other Current Liabilities | 821M | 701M | 347M | 747M | 462M | 452M | 439M | 503M | 604M | 1.04B |
Current Ratio | 1.35x | 1.38x | 1.21x | 1.24x | 1.33x | 1.15x | 1.00x | 1.28x | 1.04x | 1.06x |
Quick Ratio | 1.24x | 1.26x | 1.08x | 1.09x | 1.14x | 0.92x | 0.85x | 1.13x | 0.87x | 0.84x |
Cash Conversion Cycle | 89.61 | 92.28 | 83.12 | 104.39 | 84.94 | 88.46 | 88.72 | 79.02 | 96.28 | 103.97 |
Total Non-Current Liabilities | 7B | 7.59B | 7.89B | 7.93B | 8.15B | 8.12B | 6.86B | 7.82B | 10.88B | 10.96B |
Long-Term Debt | 4.42B | 5.29B | 5.11B | 5.16B | 5.69B | 6.01B | 4.71B | 5.67B | 8.41B | 8.41B |
Capital Lease Obligations | 0 | 0 | 497M | 402M | 313M | 419M | 407M | 427M | 471M | 1.91B |
Deferred Tax Liabilities | 115M | 201M | 184M | 180M | 183M | 73M | 55M | 87M | 124M | 444M |
Other Non-Current Liabilities | 2.3B | 1.89B | 1.82B | 1.9B | 1.66B | 1.25B | 1.27B | 1.14B | 1.13B | 1.17B |
Total Liabilities | 9.94B | 10.69B | 11.32B | 11.42B | 12.21B | 12.68B | 12.6B | 12.88B | 16.96B | 16.52B |
Total Debt | 4.47B | 5.32B | 5.75B | 5.7B | 6.13B | 6.55B | 6.55B | 6.55B | 9.77B | 9.59B |
Net Debt | 3.27B | 4.06B | 4.75B | 4.45B | 4.26B | 5.23B | 4.84B | 4.45B | 8.6B | 8.7B |
Debt / Equity | - | - | - | - | - | 50.01x | 8.86x | 3.81x | 4.02x | 3.74x |
Debt / EBITDA | 2.75x | 3.29x | 2.91x | 3.18x | 2.91x | 3.12x | 2.47x | 2.17x | 2.88x | 2.76x |
Net Debt / EBITDA | 2.01x | 2.52x | 2.40x | 2.48x | 2.02x | 2.49x | 1.83x | 1.47x | 2.54x | 2.50x |
Interest Coverage | 6.00x | 5.59x | 5.22x | 6.04x | 8.22x | 7.31x | 9.62x | 7.68x | 8.42x | 7.50x |
Total Equity | -1.73B▲ 0% | -1.28B▲ 26.1% | -683M▲ 46.5% | -541M▲ 20.8% | -23M▲ 95.7% | 131M▲ 669.6% | 739M▲ 464.1% | 1.72B▲ 132.6% | 2.43B▲ 41.2% | 2.56B▲ 0% |
Equity Growth % | -81.41% | 26.11% | 46.47% | 20.79% | 95.75% | 669.57% | 464.12% | 132.61% | 41.19% | 313.31% |
Book Value per Share | -10.60 | -7.42 | -3.89 | -3.11 | -0.13 | 0.76 | 4.29 | 10.06 | 14.44 | 15.26 |
Total Shareholders' Equity | -1.74B | -1.29B | -700M | -558M | -40M | 116M | 724M | 1.7B | 2.41B | 2.54B |
Common Stock | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M |
Retained Earnings | 467M | 1.05B | 1.24B | 1.13B | 1.35B | 1.34B | 1.64B | 2.3B | 2.55B | 2.6B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -2.56B | -2.77B | -2.44B | -2.45B | -2.38B | -2.54B | -2.54B | -2.54B | -2.42B | -2.42B |
Minority Interest | 15M | 17M | 17M | 17M | 17M | 15M | 15M | 16M | 17M | 19M |
MSI Cash Flow Statement
Motorola Solutions, Inc. (MSI) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 1.35B | 1.07B | 1.82B | 1.61B | 1.84B | 1.82B | 2.04B | 2.39B | 2.84B | 2.78B |
Operating CF Margin % | 21.1% | 14.64% | 23.11% | 21.76% | 22.48% | 20.01% | 20.49% | 22.1% | 24.29% | - |
Operating CF Growth % | 15.54% | -20.13% | 69.58% | -11.52% | 13.89% | -0.76% | 12.12% | 16.98% | 18.65% | 62.62% |
Net Income | -151M | 969M | 871M | 953M | 1.25B | 1.37B | 1.71B | 1.58B | 2.15B | 2.09B |
Depreciation & Amortization | 343M | 360M | 394M | 409M | 438M | 440M | 356M | 336M | 425M | 487M |
Stock-Based Compensation | 66M | 73M | 118M | 129M | 129M | 172M | 212M | 243M | 293M | 327M |
Deferred Taxes | 1.1B | 9M | -84M | -25M | 34M | -334M | -32M | -215M | 94M | 77M |
Other Non-Cash Items | 77M | 34M | 435M | 45M | 20M | 507M | 43M | 601M | 9M | 81M |
Working Capital Changes | -89M | -370M | 89M | 102M | -34M | -329M | -244M | -156M | -138M | -289M |
Change in Receivables | -60M | 62M | -79M | 90M | 3M | -112M | -180M | -246M | -173M | -215M |
Change in Inventory | -46M | 71M | -74M | -14M | -284M | -242M | 200M | 62M | -145M | -282M |
Change in Payables | 160M | 271M | 198M | -116M | 578M | 451M | -144M | 302M | 280M | 165M |
Cash from Investing | -448M | -1.27B | -934M | -437M | -742M | -1.39B | -414M | -507M | -5.16B | -4.87B |
Capital Expenditures | -227M | -197M | -248M | -217M | -243M | -256M | -253M | -257M | -265M | -290M |
CapEx % of Revenue | 3.56% | 2.68% | 3.14% | 2.93% | 2.97% | 2.81% | 2.54% | 2.38% | 2.27% | 2.44% |
Acquisitions | -404M | -1.16B | -709M | -287M | -521M | -1.18B | -180M | -290M | -4.9B | 451M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -227M | -197M | -241M | -161M | -237M | -1.17B | 0 | 0 | -17M | -545M |
Cash from Financing | -722M | 220M | -1.14B | -966M | -429M | -906M | -1.29B | -1.45B | 1.31B | 1.38B |
Debt Issued (Net) | -11M | 598M | -561M | -22M | 491M | 310M | -1M | -618M | 3.15B | 2.96B |
Equity Issued (Net) | -401M | 36M | -315M | -612M | -528M | -836M | -700M | -172M | -1.11B | -817M |
Dividends Paid | -307M | -337M | -379M | -436M | -482M | -530M | -589M | -654M | -728M | -747M |
Share Repurchases | -483M | -132M | -315M | -612M | -528M | -836M | -804M | -247M | -1.15B | -947M |
Other Financing | -3M | -77M | 111M | 104M | 90M | 150M | -5M | -4M | -5M | -9M |
Net Change in Cash | 238M▲ 0% | -11M▼ 104.6% | -256M▼ 2227.3% | 253M▲ 198.8% | 620M▲ 145.1% | -549M▼ 188.5% | 380M▲ 169.2% | 397M▲ 4.5% | -937M▼ 336.0% | -678M▲ 0% |
Free Cash Flow | 1.12B▲ 0% | 878M▼ 21.5% | 1.57B▲ 79.4% | 1.4B▼ 11.4% | 1.59B▲ 14.2% | 1.57B▼ 1.7% | 1.79B▲ 14.3% | 2.13B▲ 19.2% | 2.57B▲ 20.5% | 2.49B▲ 0% |
FCF Margin % | 17.54% | 11.96% | 19.97% | 18.83% | 19.51% | 17.2% | 17.95% | 19.73% | 22.02% | 20.96% |
FCF Growth % | 25.17% | -21.54% | 79.38% | -11.37% | 14.18% | -1.69% | 14.29% | 19.15% | 20.52% | 9.56% |
FCF per Share | 6.87 | 5.10 | 8.97 | 8.02 | 9.18 | 9.12 | 10.41 | 12.49 | 15.30 | 14.81 |
FCF Conversion (FCF/Net Income) | -8.68x | 1.11x | 2.10x | 1.70x | 1.48x | 1.34x | 1.20x | 1.52x | 1.32x | 1.19x |
Interest Paid | 176M | 204M | 221M | 217M | 207M | 226M | 234M | 253M | 0 | 256M |
Taxes Paid | 122M | 119M | 138M | 181M | 257M | 307M | 587M | 627M | 0 | 530M |
MSI Key Ratios
Motorola Solutions, Inc. (MSI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | - | - | - | - | - | 2524.07% | 392.87% | 128.32% | 103.91% | 89.72% |
Return on Invested Capital (ROIC) | 48.72% | 43.41% | 34.56% | 26.02% | 30.71% | 25.98% | 31.45% | 34.31% | 25.6% | 21.68% |
Gross Margin | 47.4% | 47.39% | 49.84% | 48.66% | 49.44% | 46.41% | 49.81% | 50.96% | 50.18% | 49.28% |
Net Margin | -2.43% | 13.16% | 11.01% | 12.8% | 15.24% | 14.96% | 17.13% | 14.58% | 18.44% | 17.61% |
Debt / Equity | - | - | - | - | - | 50.01x | 8.86x | 3.81x | 4.02x | 3.74x |
Interest Coverage | 6.00x | 5.59x | 5.22x | 6.04x | 8.22x | 7.31x | 9.62x | 7.68x | 8.42x | 7.50x |
FCF Conversion | -8.68x | 1.11x | 2.10x | 1.70x | 1.48x | 1.34x | 1.20x | 1.52x | 1.32x | 1.19x |
Revenue Growth | 5.66% | 15.09% | 7.41% | -6% | 10.21% | 11.52% | 9.5% | 8.41% | 8% | 8.31% |
Related:MSI Dividend History·MSI Revenue History·MSI Price History·MSI P/E History·MSI Financial Ratios·MSI Institutional Holders
MSI SEC Filings & Documents
Motorola Solutions, Inc. (MSI) SEC filings — annual & quarterly reports (10-K, 10-Q)
MSI Frequently Asked Questions
Motorola Solutions, Inc. (MSI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Motorola Solutions, Inc. (MSI) reported $11.87B in revenue for fiscal year 2025. This represents a 58% decrease from $27.97B in 1996.
Motorola Solutions, Inc. (MSI) grew revenue by 8.0% over the past year. This is steady growth.
Yes, Motorola Solutions, Inc. (MSI) is profitable, generating $2.09B in net income for fiscal year 2025 (18.4% net margin).
Dividend & Returns
Yes, Motorola Solutions, Inc. (MSI) pays a dividend with a yield of 1.10%. This makes it attractive for income-focused investors.
Motorola Solutions, Inc. (MSI) has a return on equity (ROE) of 103.9%. This is excellent, indicating efficient use of shareholder capital.
Motorola Solutions, Inc. (MSI) generated $2.49B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.