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

514.56 2.45 −0.47%
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

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

Alert me on P/E ratio

As of 5 November 2026, Motorola Solutions, Inc. (MSI) trades at a P/E ratio of 41.3×. Over the past ten years it has ranged from 0.0× (December 2018) to 53.9× (November 2024); the current reading is higher than 92% of that period. That is above the Communication Equipment industry median of 29.9× and above the Technology sector median of 25.7×.

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
Sep 2026 35.5× 9.78%
Jun 2026 32.3× (6.39%)
Mar 2026 34.6× 16.55%
Dec 2025 29.6× (17.73%)
43 more quarters

Against its own ten years

Low 0.0× High 53.9×
Ten-year median 29.8×
Current reading's percentile 90

P/E ratio against peers

Company P/E ratio
LITE Lumentum Holdings Inc. compare n/m
ERIC Ericsson compare 17.2×
HPE Hewlett Packard Enterprise Company compare 22.3×
ZBRA Zebra Technologies Corporation compare 25.9×
CSCO Cisco Systems, Inc. compare 28.7×
UI Ubiquiti Inc. compare 32.4×
MSI Motorola Solutions, Inc. 41.3×
NOK Nokia Corporation compare 47.1×
CIEN Ciena Corporation compare 50.6×
Communication Equipment industry median 29.9×
Technology sector median 25.7×
Market median 17.9×

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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