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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) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Motorola Solutions, Inc. (MSI) trades at a EV/EBITDA of 23.7×. Over the past ten years it has ranged from 0.0× (December 2015) to 30.2× (November 2024); the current reading is higher than 83% of that period. That is above the Communication Equipment industry median of 11.8× and above the Technology sector median of 15.3×.

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
Jun 2026 21.5× (8.36%)
Mar 2026 23.4× 11.21%
Dec 2025 21.1× (19.74%)
Sep 2025 26.2× 10.19%
42 more quarters

Against its own ten years

Low 0.0× High 30.2×
Ten-year median 18.5×
Current reading's percentile 83

EV/EBITDA against peers

Company EV/EBITDA
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson compare 7.5×
HPE Hewlett Packard Enterprise Company compare 11.0×
ZBRA Zebra Technologies Corporation compare 18.1×
NOK Nokia Corporation compare 22.8×
MSI Motorola Solutions, Inc. 23.7×
UI Ubiquiti Inc. compare 30.0×
CIEN Ciena Corporation compare 52.4×
LITE Lumentum Holdings Inc. compare 75.9×
Communication Equipment industry median 11.8×
Technology sector median 15.3×
Market median 11.0×

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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