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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.

Revenue
+12.2%
EPS
−8.31%
Free cash flow
−9.56%
Total debt
+0.24%

Quarter to September 2026, against a year earlier

513.12 3.89 −0.75%
Market cap
$85.6B
P/E
41.3×
Fwd P/E
35.6×
Dividend yield
0.93%
F-score
6/9
Altman Z
3.57
Beneish M
−2.44
Dividend safety
85/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Motorola Solutions, Inc. (MSI) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Motorola Solutions, Inc. (MSI) trades at a EV/EBITDA of 26.1×. Over the past ten years it has ranged from 0.0× (December 2015) to 30.2× (November 2024); the current reading is higher than 95% of that period. That is above the Communication Equipment industry median of 14.0× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 21.1× (21.39%)
FY2024 26.8× 25.94%
FY2023 21.3× (6.53%)
FY2022 22.8× (3.81%)
FY2021 23.7× 29.11%
FY2020 18.3× 16.82%
FY2019 15.7× 11.35%
FY2018 14.1× 13.75%
FY2017 12.4× (5.22%)
FY2016 13.1× (6.78%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 22.8× 6.32%
Jun 2026 21.5× (8.36%)
Mar 2026 23.4× 11.21%
Dec 2025 21.1× (19.74%)
43 more quarters

Against its own ten years

Low 0.0× High 30.2×
Ten-year median 18.6×
Current reading's percentile 95

EV/EBITDA against peers

Company EV/EBITDA
ERIC Ericsson compare 8.8×
HPE Hewlett Packard Enterprise Company compare 9.2×
ZBRA Zebra Technologies Corporation compare 14.9×
NOK Nokia Corporation compare 19.6×
CSCO Cisco Systems, Inc. compare 21.4×
UI Ubiquiti Inc. compare 25.7×
MSI Motorola Solutions, Inc. 26.1×
CIEN Ciena Corporation compare 37.0×
LITE Lumentum Holdings Inc. compare 40.7×
Communication Equipment industry median 14.0×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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