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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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Motorola Solutions, Inc. (MSI) trades at a price to free cash flow of 28.7×. Over the past ten years it has ranged from 0.0× (December 2015) to 45.5× (December 2022); the current reading is higher than 72% of that period. That is above the Communication Equipment industry median of 22.9× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 24.8× (31.28%)
FY2024 36.1× 24.33%
FY2023 29.1× 5.61%
FY2022 27.5× (4.24%)
FY2021 28.7× 44.31%
FY2020 19.9× 17.33%
FY2019 17.0× (20.25%)
FY2018 21.3× 61.42%
FY2017 13.2× (10.10%)
FY2016 14.7× (8.89%)

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 25.7× (11.06%)
Mar 2026 28.9× 16.43%
Dec 2025 24.8× (21.33%)
Sep 2025 31.6× 7.28%
42 more quarters

Against its own ten years

Low 0.0× High 45.5×
Ten-year median 23.8×
Current reading's percentile 72

Price to free cash flow against peers

Company Price to free cash flow
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson compare 11.4×
HPE Hewlett Packard Enterprise Company compare 16.1×
ZBRA Zebra Technologies Corporation compare 19.5×
MSI Motorola Solutions, Inc. 28.7×
UI Ubiquiti Inc. compare 40.0×
CIEN Ciena Corporation compare 58.0×
NOK Nokia Corporation compare 83.0×
LITE Lumentum Holdings Inc. compare 180×
Communication Equipment industry median 22.9×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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