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Saturday 17 October 2026 Export MSI’s income statement to Excel — free account

Motorola Solutions, Inc.

MSI Technology Communication Equipment

Motorola Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, up 8.00% from fiscal 2024. In the quarter to June 2026, revenue grew 13.3%, EPS grew 9.09%, free cash flow grew 84.0% and total debt rose 16.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.

463.15 6.76 +1.48%
Market cap
$75.5B
P/E
36.1×
Fwd P/E
30.9×
Dividend yield
1.05%
F-score
6/9
Altman Z
3.57
Beneish M
−2.44
Dividend safety
85/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Motorola Solutions, Inc. (MSI) Debt to equity

Alert me on Debt to equity

Motorola Solutions, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 3.4×, down 0.4× from fiscal 2025 (3.8×). Over the past ten years it has ranged from −248× (fiscal 2021) to 45.9× (fiscal 2022); the current reading is higher than 82% of that period. That is above the Communication Equipment industry median of 0.1× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 3.8× 8.21%
FY2024 3.5× (57.16%)
FY2023 8.1× (82.26%)
FY2022 45.9× —
FY2021 −248× —
FY2020 −9.6× —
FY2019 −7.5× —
FY2018 −4.2× —
FY2017 −2.6× —
FY2016 −4.6× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 3.4× (3.94%)
Mar 2026 3.5× (7.34%)
Dec 2025 3.8× (5.25%)
Sep 2025 4.0× 2.25%
42 more quarters

Against its own ten years

Low −248× High 45.9×
Ten-year median −4.2×
Current reading's percentile 82

Debt to equity against peers

Company Debt to equity
UI Ubiquiti Inc. compare 0.0×
NOK Nokia Corporation compare 0.1×
ERIC Ericsson compare 0.3×
LITE Lumentum Holdings Inc. compare 0.4×
HPE Hewlett Packard Enterprise Company compare 0.7×
ZBRA Zebra Technologies Corporation compare 0.8×
CIEN Ciena Corporation compare 1.1×
ASTS AST SpaceMobile, Inc. compare 1.2×
MSI Motorola Solutions, Inc. 3.4×
Communication Equipment industry median 0.1×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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