Motorola Solutions, Inc. MSI

456.88 1.97 0.43% as of 25 Sep
Market cap
$75.3B
P/E
35.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 86.93
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — 6 1 — — — — 3 1
Insider Ownership 0.57%

Capital & Financial Ratios

Market Cap 75,300.00
Revenue 12,236.00
Net Income 2,139.00
Free Cash Flow 2,678.00
Net Debt 8,322.00
Current Ratio 1.10
Debt/Equity 3.36
P/E ratio 35.53
P/S ratio 6.18
P/B ratio 28.14
Past 5Y EPS Growth 13.31%
This Y EPS Growth 15.15%
Next Y EPS Growth 8.29%
Next 5Y EPS Growth 11.34%
in millions of $

Dividends

Payout Ratio 0.39
Annual Dividend Rate 3.52
Annual Dividend Yield 1.07%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 4.83
1.21
1.21
1.21
2025 4.48
1.09
1.09
1.09
1.21
2024 4.03
0.98
0.98
0.98
1.09
2023 3.62
0.88
0.88
0.88
0.98
2022 3.25
0.79
0.79
0.79
0.88
2021 2.92
0.71
0.71
0.71
0.79
2020 2.63
0.64
0.64
0.64
0.71
2019 2.35
0.57
0.57
0.57
0.64
2018 2.13
0.52
0.52
0.52
0.57
2017 1.93
0.47
0.47
0.47
0.52
2016 1.70
0.41
0.41
0.41
0.47
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1,705 2,102 1,165 710
Receivables 1,710 1,952 2,200 2,160
Inventory 827 766 983 1,333
Other 1,483 1,659 1,952 1,929
5,725 6,479 6,300 6,132
2023 2024 2025 Q'26
Payables 881 1,018 1,134 957
ST’ Debt 1,313 322 749 615
Other 2,038 2,072 2,265 2,341
5,736 5,055 6,078 5,579
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 7.45% 9.52% 8.63%
Cash Flow 10.76% 11.96% 15.88%
Earnings 13.45% 17.81% 16.48%
Book Value 0.00% 0.00% 164.61%

Revenue

Mar Jun Sep Dec Year
’26 2,714 3,133 — — —
’25 2,528 2,765 3,009 3,380 11,682
’24 2,389 2,628 2,790 3,010 10,817
’23 2,171 2,403 2,556 2,848 9,978
’22 1,892 2,140 2,373 2,707 9,112
’21 1,773 1,971 2,107 2,320 8,171
’20 1,655 1,618 1,868 2,273 7,414
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 451 469 — — —
’25 510 273 798 1,256 2,837
’24 382 180 759 1,070 2,391
’23 (8) 93 714 1,245 2,044
’22 152 10 388 1,273 1,823
’21 370 388 376 703 1,837
’20 308 209 392 704 1,613
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 390 414 — — —
’25 473 225 732 1,142 2,572
’24 336 112 702 984 2,134
’23 (62) 40 649 1,164 1,791
’22 98 (49) 318 1,200 1,567
’21 318 332 315 635 1,600
’20 316 155 343 638 1,452
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 2.18 3.33 — — —
’25 2.53 3.04 3.33 3.86 12.75
’24 (0.23) 2.60 3.29 3.56 9.23
’23 1.61 2.15 2.70 3.47 9.93
’22 1.54 1.33 1.63 3.43 7.93
’21 1.41 1.69 1.76 2.30 7.17
’20 1.12 0.78 1.18 2.37 5.45
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
59.13 76.92 89.18 110.61 120.77 165.60 195.18 251.00 307.31 359.36

Analyst estimates 2026–2028

Powerpack
Low Price
87.55 95.30 133.97 182.28 187.49 273.65 275.16 329.83 507.82 492.22
High Price
14,000 15,000 16,000 17,000 18,000 18,700 20,000 21,000 21,000 23,000
Employees
0 0 0 0 0 0 0 0 1 1
Revenue/Emp
6,038 6,380 7,343 7,887 7,414 8,171 9,112 9,978 10,817 11,682
Revenue
47.52% 47.40% 47.39% 49.84% 48.66% 49.44% 46.41% 49.81% 50.96% 51.66%
Gross Margin
844 1,076 1,102 1,001 1,174 1,552 1,515 2,146 1,972 2,812
EBT
13.98% 16.87% 15.01% 12.69% 15.83% 18.99% 16.63% 21.51% 18.23% 24.07%
EBT Margin
560 (155) 969 871 953 1,250 1,367 1,714 1,582 2,160
Net Income
295 343 360 394 409 438 440 356 336 425
Depreciation
35.60 39.17 45.22 47.34 43.61 48.29 54.40 59.75 64.85 70.12
Revenue/Sh
3.30 (0.95) 5.95 5.21 5.58 7.36 8.14 10.23 9.45 12.93
Earnings/Sh
6.87 8.26 6.62 10.94 9.49 10.86 10.88 12.24 14.33 17.03
Cash Flow/Sh
(1.17) (1.39) (1.21) (1.45) (0.95) (1.40) (1.53) (1.51) (1.54) (1.59)
Capex/Sh
5.70 6.87 5.41 9.50 8.54 9.46 9.36 10.72 12.79 15.44
Free CF/Sh
(5.61) (10.60) (7.86) (4.10) (3.18) (0.14) 0.78 4.43 10.31 14.57
Book Value/Sh
170 163 162 167 170 169 168 167 167 167
Shares
25.03 0.00 19.37 30.99 30.48 36.92 31.62 30.46 48.97 29.65
PE Ratio
2.35 2.31 2.54 3.40 3.90 5.63 4.73 5.22 7.13 5.47
PS Ratio
0.00 0.00 0.00 0.00 0.00 0.00 329.12 70.42 44.85 26.31
PB Ratio
2.91 2.81 3.10 3.93 4.43 6.09 5.25 5.65 7.49 6.15
EV/Sales
18.14 16.04 25.91 19.58 22.61 31.12 30.51 31.47 37.95 27.94
EV/FCF
1,165 1,346 1,075 1,823 1,613 1,837 1,823 2,044 2,391 2,837
Op' Cash Flow
(198) (227) (197) (241) (161) (237) (256) (253) (257) (265)
Capex
967 1,119 878 1,582 1,452 1,600 1,567 1,791 2,134 2,572
FCF
800 1,019 1,176 739 838 1,349 695 (11) 1,424 222
Working Cap'
4,396 4,471 5,320 5,129 5,175 5,693 6,014 6,018 5,997 9,162
Total Debt
3,366 3,203 4,063 4,128 3,921 3,819 4,689 4,313 3,895 7,997
Net Debt
(952) (1,727) (1,276) (683) (541) (23) 131 739 1,719 2,427
Sh' Equity
6.66% (1.86%) 10.97% 8.66% 8.82% 10.80% 10.90% 13.07% 11.29% 12.68%
ROA
27.13% 54.37% 28.14% 28.68% 25.57% 27.45% 21.54% 28.38% 29.93% 17.92%
ROIC
(106.87%) 11.57% (64.34%) (88.62%) (155.07%) (441.49%) 2,524.07% 392.87% 128.32% 103.91%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Motorola Solutions, Inc. peers in Communication Equipment

All 47 Communication Equipment stocks →

MSI metrics, ten years each

Motorola Solutions, Inc. (MSI) key facts

  • Motorola Solutions, Inc. (MSI) is a Communication Equipment company in the Technology sector, listed on the New York Stock Exchange.
  • Motorola Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, up 8.00% from fiscal 2024.
  • Net income was $2.2 billion, or $12.93 per share (basic), a net margin of 18.4%.
  • As of September 25, 2026, MSI traded at $456.88, a market capitalization of $75.3 billion.
  • At that price the stock trades at 35.5× trailing-twelve-month earnings and 6.2× sales.
  • Motorola Solutions, Inc. pays an annual dividend of $3.52 per share, a yield of 1.07%, with a payout ratio of 38.9%.
  • Return on equity was 103.9% and debt-to-equity 3.36.

Source: company filings (standardised) and stockrow calculations.

Motorola Solutions, Inc. (MSI) Latest News

News by impact score

Fine-tune

23 Sep

3

Motorola Solutions (MSI) has traded around $456.35 since March 2026, lagging the S&P 500’s roughly 18% rise in the same period. Long-term momentum appears solid: 5-year revenue growth of 9.2% CAGR; trailing 12-month adjusted operating margin of 31.2%; free cash flow margin averaging 18.9% over five years. The stock trades at about 25.4x forward earnings. With these fundamentals and a premium multiple, investors face a buy/sell/hold question amid questions about near-term catalysts. A full, free research report is offered to weigh the decision. Positive long-run fundamentals are highlighted, but the lack of near-term catalysts and MSI’s recent underperformance suggest only a moderate impact on future performance.

21 Sep

3

Fenimore Asset Management added Motorola Solutions, Inc. (MSI) to its Q2 2026 portfolio, citing MSI’s public-safety and enterprise security offerings—critical communications, video security, and command-center technologies used by first responders. On Sep 18, 2026, MSI closed at $458.67 per share. In the last month, MSI declined 4.75%; in the past 52 weeks, it fell 2.71%. MSI’s market cap is about $75.9 billion. Fenimore’s note frames MSI as essential for reliable communications during emergencies. A separate piece notes a Morgan Stanley upgrade reflecting a valuation reset. MSI is not among the Hedge Funds’ 40 Most Popular Stocks, but 69 funds held it at end-Q2, up from 61. The broader market rally, driven by AI demand, provides a backdrop for MSI’s positioning. New position by Fenimore, a Morgan Stanley upgrade, and rising hedge-fund ownership signal a modest near-term sentiment lift.

19 Sep

4

Motorola Solutions targets growth in defense and drone security sectors as Silvus scales operations. Defense and drone security expansion via Silvus scaling signals major strategic growth for Motorola Solutions.

3

Motorola Solutions participates in Louisiana's statewide public safety overhaul through its communication systems and services. Louisiana public safety contract could moderately increase MSI revenue from emergency communications without altering overall trajectory.

15 Sep

3

Motorola Solutions secured a public safety contract in Louisiana with potential to increase revenues through expanded government services. Louisiana contract adds measurable public safety revenue but remains one regional win unlikely to shift overall trajectory.

14 Sep

3

Louisiana awards Motorola Solutions $139 million contract to modernize statewide public safety response systems. $139 million state contract adds notable public safety revenue for MSI without shifting overall trajectory.

5 Sep

3

Motorola Solutions (MSI) returns to investor focus on strategic contract wins and technology upgrades strengthening its public safety and enterprise communications segments. Contract wins and technology upgrades may moderately lift MSI financial performance and competitive stance without fundamentally altering long-term trajectory.

24 Aug

3

Motorola Solutions completes D-Fend buyout to bolster growth prospects. D-Fend acquisition adds capabilities that may moderately lift Motorola Solutions revenue and positioning.

21 Aug

3

Motorola Solutions expands drone portfolio via D-Fend deal to pursue growth. D-Fend deal adds drone capabilities that may lift product innovation and positioning without transforming overall trajectory.

20 Aug

4

Motorola Solutions completes acquisition of D-Fend Solutions. Completion of D-Fend Solutions acquisition adds counter-drone capabilities that expand Motorola Solutions product offerings and market reach.

3

UMAC benefits from favorable industry tailwinds, prompting questions on investment potential tied to Motorola Solutions (MSI) operations and outlook. Positive industry conditions for UMAC may moderately influence MSI financials and positioning without major trajectory shifts.

15 Aug

3

Motorola Solutions raised 2026 guidance but stock may already be fully priced. Rising guidance paired with full pricing signals limited near-term upside for MSI shares.

14 Aug

3

Motorola Solutions (MSI) could be undervalued by 11 percent according to valuation assessments triggered by recent bond issuance. Bond issuance supplies fresh market data points that may moderately shift MSI valuation and investor sentiment.

12 Aug

4 transcript

Motorola Solutions discussed Q2 2026 financial results, guidance and operations during its earnings call. Earnings call details on results and outlook directly shape investor views and valuation.

3

Motorola Solutions shows strong growth potential through technological leadership in mission-critical systems, expanding public safety market presence and consistent financial results that support long-term investor appeal. Positive growth outlook may moderately influence market sentiment and investor interest without major strategic shifts.

8 Aug

3 transcript

Motorola Solutions Q2 earnings call highlights revenue, margins, segment performance and forward guidance in public safety and enterprise markets. Quarterly earnings data and guidance typically move near-term sentiment and valuation multiples but rarely alter long-term strategy.

7 Aug

4

Motorola Solutions Q2 earnings beat expectations while guidance points to stronger growth ahead. Q2 earnings and raised growth guidance are likely to lift revenue forecasts and investor sentiment.

4

Motorola Solutions raised 2026 guidance on record backlog and buybacks, driving shares up 10 percent while investors assess whether the bull case has changed. Raising 2026 guidance amid record backlog and buybacks signals stronger future results and lifts investor sentiment.

6 Aug

4

Motorola Solutions stock jumps 8% after backlog reaches record high. Record backlog indicates strong future revenue visibility that can significantly lift performance and investor outlook.

4

Motorola Solutions reported strong Q2 results driven by a public-safety radio surprise, according to Morgan Stanley. Strong Q2 earnings beat in public-safety radios lifts Motorola Solutions' financial outlook and investor sentiment.

4

Motorola Solutions beat Q2 earnings estimates driven by strong demand and posted a record backlog. Q2 earnings beat and record backlog indicate robust demand that will likely lift MSI revenue trajectory and investor outlook.

4

Motorola Solutions posted record Q2 2026 sales and raised its outlook in the earnings call. Record sales and raised guidance signal robust growth that can lift valuation and investor sentiment.

3

Motorola Solutions shares rally after beating earnings expectations and issuing stronger full-year guidance. Earnings beat plus raised guidance can lift near-term sentiment and stock performance without altering long-term fundamentals.

5 Aug

4

Motorola Solutions stock surges after beating earnings expectations and raising its outlook. Earnings beat combined with raised outlook signals improved financial performance and can materially lift stock trajectory plus investor sentiment.

4

Motorola Solutions lifts annual guidance on resilient public safety demand. Guidance increase signals stronger demand and improved financial outlook.

3

Motorola Solutions (NYSE:MSI) exceeded Q2 CY2026 sales expectations and its stock rose sharply as a result. Quarterly sales beats typically lift near-term investor sentiment and share price without altering long-term strategy.

3

Motorola Solutions reported its second-quarter 2026 financial results. Quarterly financial results provide performance data that can moderately influence investor views and near-term stock movement.

31 Jul

3

Wall Street analysts highlight key metrics to monitor ahead of Motorola Solutions' Q2 earnings report. Q2 earnings metric guidance can shape near-term investor views and stock movement for Motorola Solutions.

29 Jul

3

Motorola Solutions anticipates solid overall revenue growth that could support stronger Q2 earnings performance. Revenue growth outlook may affect near-term financial results and investor sentiment for MSI without signaling major strategic shifts.

3

Motorola Solutions (MSI) earnings are projected to grow, raising the question of whether investors should buy the stock. Projected MSI earnings growth may moderately sway investor sentiment and near-term stock moves without major strategic shifts.

stockrow.com/MSI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com