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Motorola Solutions, Inc. MSI SPX

Technology · Communication Equipment · United States
https://www.motorolasolutions.com

Motorola Solutions, Inc. provides public safety, government, defense, and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. It 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 the implementation and integration of systems, devices, software, and applications for government, including defense, public safety, and enterprise customers who operate private communications systems and video security solutions, as well as manage a mobile workforce. This segment also provides mission critical networks, and video security and access control technologies, including two-way portable and vehicle-mounted radios, video cameras, and accessories; communications 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 offers public safety and enterprise command center, unified communications applications, mobile video equipment, and video software solutions; repair, technical support, and maintenance services; and monitoring, software updates, and cybersecurity services to government, public safety, and commercial communications networks. It serves hospitality; manufacturing; military and defence; police; air transportation; fire and rescue; stadium; emergency medical services; mining; oil and gas; transportation and logistics; utilities; education; retail; and healthcare industries. 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.

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$403.28
-1.85% 1Y

Market & Price

Market Cap
$66.94B
Current Price
$403.28
High / Low (52W)
$486.28 / $362.53
Beta
0.94

Valuation

Stock P/E
32.58
Industry PE
32.74
Forward P/E
21.81
PEG Ratio
2.17
Book Value
$15.31
Price to Book
26.35
P/S
5.64
EV/EBITDA
21.66
Dividend Yield
1.20%

Profitability & Returns

ROCE
23.83%
ROE
99.29%
ROA
11.22%
Profit Margin
17.61%
Op Margin
19.82%
EPS (Latest Qtr)
$2.18
EPS (TTM)
$12.38

Balance Sheet & Liquidity

Debt/Equity
3.74
Quick Ratio
0.78
Current Ratio
1.07
Debt
$9.59B
Total Assets
$19.39B
Current Assets
$6.30B
Working Capital
$222.00M

Ownership

Promoter Holding
0.39%
Chg in Prom Hold
-
FII / Inst Holding
89.75%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$75.66B
Total Revenue (TTM)
$11.87B
EBITDA
$3.49B
Free Cash Flow
$1.82B
Operating Cash Flow
$2.78B
Shares Outstanding
166.00M
Gross Margin
51.51%
Payout Ratio
37.10%

Growth (CAGR)

Revenue 5Y
8.63%
Profit 5Y
16.48%
Revenue (YoY)
7.40%
Earnings (YoY)
-13.80%

PROS

  • Strong return on equity of 99.3%.
  • Healthy ROCE of 23.8%.
  • Profit CAGR of 16.5% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MSI Motorola Solutions, Inc. SPX 403.28 32.58 $66.94B 1.20% 23.83% 99.29% 8.63% 16.48%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Dec 2015Apr 2016Jul 2016Oct 2016Dec 2016Apr 2017Jul 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Apr 2026
Revenue -----1.28B1.50B1.65B1.96B1.47B1.76B1.86B2.25B1.66B1.86B1.99B2.38B1.66B1.62B1.87B2.27B1.77B1.97B2.11B1.89B2.14B2.37B2.17B2.40B2.56B2.39B2.63B--2.53B2.77B3.01B3.38B2.71B2.71B
Cost of Revenue ----------------------------------1.23B1.35B1.46B1.61B1.35B-
Gross Profit 838.00M502.00M676.00M762.00M928.00M570.00M690.00M794.00M970.00M669.00M822.00M901.00M1.09B773.00M931.00M1.01B1.22B787.00M766.00M909.00M1.15B860.00M952.00M1.04B857.00M990.00M1.03B1.05B1.19B1.28B1.19B1.34B--1.30B1.41B1.55B1.77B1.36B1.36B
Operating Expenses ----------------------------------706.00M720.00M788.00M863.00M781.00M-
Operating Income 390.00M100.00M224.00M341.00M403.00M173.00M261.00M347.00M503.00M171.00M273.00M294.00M516.00M229.00M349.00M413.00M590.00M259.00M218.00M352.00M555.00M298.00M370.00M451.00M239.00M358.00M373.00M399.00M518.00M639.00M519.00M644.00M--594.00M693.00M766.00M905.00M581.00M525.00M
EBITDA ----------------------------------697.00M837.00M943.00M1.12B695.00M-
Interest Expense ----------------------------------69.00M71.00M103.00M117.00M111.00M-
Pretax Income ----------------------------------547.00M680.00M725.00M860.00M441.00M-
Tax Provision ----------------------------------115.00M165.00M161.00M210.00M73.00M-
Net Income 279.00M17.00M107.00M192.00M243.00M77.00M131.00M212.00M-575.00M117.00M180.00M247.00M423.00M151.00M207.00M267.00M244.00M197.00M135.00M205.00M412.00M244.00M293.00M307.00M267.00M228.00M279.00M278.00M371.00M464.00M-39.00M443.00M--430.00M513.00M562.00M649.00M366.00M366.00M
Diluted EPS 1.570.100.611.131.430.450.781.25-3.560.691.051.432.440.861.181.511.391.120.781.182.371.411.691.761.541.331.631.612.152.70-0.232.60--2.533.043.333.862.182.18
R&D Expense 152.00M135.00M138.00M137.00M142.00M135.00M138.00M141.00M155.00M152.00M162.00M158.00M165.00M162.00M170.00M172.00M182.00M168.00M161.00M175.00M182.00M180.00M181.00M183.00M188.00M191.00M197.00M210.00M215.00M215.00M218.00M220.00M234.00M-233.00M231.00M237.00M--252.00M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ---------6.04B6.38B7.34B7.89B7.41B-9.11B9.98B10.82B11.68B
Cost of Revenue ---------------4.88B5.01B5.30B5.65B
Gross Profit 9.95B6.94B3.48B3.81B4.15B3.19B3.11B2.83B2.72B2.87B3.02B3.48B3.93B3.61B-4.23B4.97B5.51B6.04B
Operating Expenses ---------------2.49B2.61B2.82B3.08B
Operating Income -553.00M-2.54B567.00M751.00M858.00M920.00M947.00M-1.01B994.00M1.05B1.28B1.25B1.58B1.38B-1.74B2.36B2.69B2.96B
EBITDA ---------------2.19B2.75B2.60B3.60B
Interest Expense ---------------240.00M249.00M295.00M360.00M
Pretax Income ---------------1.51B2.15B1.97B2.81B
Tax Provision ---------------148.00M432.00M390.00M652.00M
Net Income -49.00M-4.24B-51.00M633.00M1.16B881.00M1.10B1.30B610.00M560.00M-155.00M966.00M868.00M949.00M-1.36B1.71B1.58B2.15B
Diluted EPS -0.02-13.11-0.151.873.412.964.065.293.023.24-0.955.624.955.45-7.939.939.2312.75
R&D Expense 4.43B3.40B993.00M1.04B1.03B790.00M761.00M681.00M620.00M553.00M568.00M637.00M687.00M686.00M734.00M779.00M858.00M917.00M970.00M

Compounded Sales Growth

5 Years:8.63%
1 Year:7.40%

Compounded Profit Growth

5 Years:16.48%
1 Year:-13.80%

Stock Price Performance

1 Year:-1.85%
6 Months:+9.79%
3 Months:-16.16%
1 Month:-6.05%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --27.87B25.60B25.58B13.93B12.68B11.85B10.42B8.35B8.46B8.21B9.41B10.64B10.88B-12.81B13.34B14.60B19.39B
Current Assets ----------------5.25B5.72B6.48B6.30B
Cash & Equivalents 2.82B2.75B3.06B2.87B4.21B1.88B1.47B3.23B3.95B1.98B967.00M1.21B1.26B1.00B1.25B-1.32B1.71B2.10B1.16B
Inventory ----------------1.05B827.00M766.00M983.00M
Receivables ----------------1.52B1.71B1.95B2.20B
Total Liabilities ----------------12.68B12.60B12.88B16.96B
Current Liabilities --10.62B8.26B8.71B3.81B3.33B3.22B2.25B2.19B2.67B2.93B3.10B3.44B3.49B-4.56B5.74B5.05B6.08B
Long Term Debt --4.09B3.37B2.10B1.13B1.86B2.46B3.40B4.34B4.39B4.42B5.29B5.11B5.16B-6.01B4.71B5.67B8.41B
Total Debt ----------------6.55B6.55B6.55B9.77B
Total Equity --9.51B9.78B10.88B5.21B3.27B3.66B2.73B-106.00M-964.00M-1.74B-1.29B-700.00M-558.00M-116.00M724.00M1.70B2.41B
Shares Outstanding ----------------168.50M167.40M168.60M167.40M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 785.00M-325.00M627.00M803.00M848.00M674.00M555.00M-637.00M1.02B1.17B1.35B1.07B1.82B1.61B-1.82B2.04B2.39B2.84B
Investing Cash Flow 2.38B921.00M-531.00M523.00M2.43B970.00M2.03B3.21B-528.00M-1.00B-448.00M-1.27B-934.00M-437.00M--1.39B-414.00M-507.00M-5.16B
Financing Cash Flow -3.30B-150.00M-277.00M-40.00M-5.53B-2.08B-842.00M-1.76B-2.40B-1.04B-722.00M220.00M-1.14B-966.00M--906.00M-1.29B-1.45B1.31B
Capital Expenditure ----------------256.00M-253.00M-257.00M-265.00M
Free Cash Flow ---------------1.57B1.79B2.13B2.57B
Net Change in Cash ----------------470.00M335.00M436.00M-1.02B
Share Buybacks 3.04B138.00M001.11B2.44B1.69B2.55B3.18B842.00M483.00M132.00M315.00M612.00M528.00M836.00M804.00M244.00M1.15B
Dividends Paid 468.00M453.00M114.00M08.00M--------------

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---------47.5%47.4%47.4%49.8%48.7%-46.4%49.8%51.0%51.7%
Operating Margin % ---------17.4%20.1%17.1%20.0%18.7%-19.1%23.6%24.9%25.3%
Net Margin % ---------9.3%-2.4%13.2%11.0%12.8%-15.0%17.1%14.6%18.4%
ROE % --44.6%-0.5%5.8%22.2%27.0%30.0%47.5%-575.5%-58.1%8.9%-74.7%-124.0%-170.1%-1,175.0%236.0%92.6%89.4%
ROCE % --14.7%3.3%4.5%8.5%9.8%11.0%-12.3%16.2%18.1%24.3%19.9%21.9%18.7%-21.1%31.0%28.2%22.2%

Shareholding Pattern

Insiders
0.39%
Institutions
89.75%
Public Float
90.10%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.91% 16.44M $6.63B
2 Vanguard Capital Management LLC 6.49% 10.77M $4.34B
3 Vanguard Portfolio Management LLC 5.80% 9.63M $3.88B
4 State Street Corporation 4.53% 7.53M $3.04B
5 Geode Capital Management, LLC 2.47% 4.10M $1.65B
6 FMR, LLC 2.08% 3.46M $1.40B
7 Raymond James Financial, Inc. 2.03% 3.36M $1.36B
8 Alliancebernstein L.P. 1.68% 2.79M $1.13B
9 Ameriprise Financial, Inc. 1.57% 2.61M $1.05B
10 Goldman Sachs Group Inc 1.55% 2.57M $1.04B

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