Motorola Solutions, Inc. (MSI)
NYSE: MSI · Real-Time Price · USD
531.20
+0.80 (0.15%)
At close: Nov 13, 2026, 4:00 PM EST
531.60
+0.40 (0.08%)
After-hours: Nov 13, 2026, 7:52 PM EST

Motorola Solutions Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
12,60311,68210,8179,9789,1128,171
Revenue Growth
11.40%8.00%8.41%9.50%11.52%10.21%
Gross Profit
6,5226,0515,5244,9774,3944,048
Operating Income
3,0793,0982,8322,4662,0341,850
Net Income
2,0842,1541,5771,7091,3631,245
Earnings Per Share
12.4412.759.239.937.937.17
EPS Growth
-0.18%38.14%-7.05%25.22%10.60%31.56%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Products & Systems Integration
7,7437,2536,8836,2425,7285,033
Software & Services
4,8604,4293,9343,7363,3843,138
Revenue (Total)
12,60311,68210,8179,9789,1128,171

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7741,1652,1021,7051,3251,874
Total Debt
10,6659,7666,5516,5506,5516,130
Net Cash (Debt)
-9,891-8,601-4,449-4,845-5,226-4,256
Net Cash Growth
------
Net Cash Per Share
-58.97-50.89-26.05-28.15-30.40-24.52

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,8382,8372,3912,0441,8231,837
Capital Expenditures
-304-265-257-253-256-243
Free Cash Flow
2,5342,5722,1341,7911,5671,594
Free Cash Flow Growth
4.97%20.52%19.15%14.29%-1.69%14.18%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
51.75%51.80%51.07%49.88%48.22%49.54%
Operating Margin
24.43%26.52%26.18%24.71%22.32%22.64%
Pretax Margin
21.58%24.07%18.23%21.51%16.63%18.99%
Profit Margin
16.54%18.44%14.58%17.13%14.96%15.24%
FCF Margin
20.11%22.02%19.73%17.95%17.20%19.51%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.8404.4804.0303.6203.2502.920
Dividend Per Share Growth
11.01%11.17%11.33%11.39%11.30%11.03%
Dividend Yield
0.91%1.16%0.87%1.16%1.26%1.07%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
42.7129.6448.9830.4131.6136.86
Forward PE
27.9624.3732.5725.7723.5528.97
P/FCF Ratio
34.6624.8236.2029.0127.5028.79
PS Ratio
6.975.477.145.214.735.62