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.
Follow MSI
Motorola Solutions, Inc. (MSI) P/E ratio
As of 16 October 2026, Motorola Solutions, Inc. (MSI) trades at a P/E ratio of 36.1×. Over the past ten years it has ranged from 0.0× (December 2018) to 53.9× (November 2024); the current reading is higher than 86% of that period. That is above the Communication Equipment industry median of 33.5× and above the Technology sector median of 28.2×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 29.6× | (39.46%) |
| FY2024 | 49.0× | 60.73% |
| FY2023 | 30.5× | (3.66%) |
| FY2022 | 31.6× | (14.34%) |
| FY2021 | 36.9× | 21.13% |
| FY2020 | 30.5× | (1.65%) |
| FY2019 | 31.0× | 60.01% |
| FY2018 | 19.4× | — |
| FY2017 | 0.0× | — |
| FY2016 | 25.0× | 17.01% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 32.3× | (6.39%) |
| Mar 2026 | 34.6× | 16.55% |
| Dec 2025 | 29.6× | (17.73%) |
| Sep 2025 | 36.0× | 8.67% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| LITE Lumentum Holdings Inc. compare | n/m |
| ASTS AST SpaceMobile, Inc. compare | n/m |
| NOK Nokia Corporation compare | 4.9× |
| ERIC Ericsson compare | 13.6× |
| HPE Hewlett Packard Enterprise Company compare | 27.4× |
| ZBRA Zebra Technologies Corporation compare | 33.5× |
| MSI Motorola Solutions, Inc. | 36.1× |
| UI Ubiquiti Inc. compare | 37.8× |
| CIEN Ciena Corporation compare | 72.0× |
| Communication Equipment industry median | 33.5× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on MSI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement