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

Motorola Solutions, Inc. (MSI) P/E ratio

Alert me on 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

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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

Against its own ten years

Low 0.0× High 53.9×
Ten-year median 29.7×
Current reading's percentile 83

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)

The full definition of P/E ratio →

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