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

512.44 4.57 −0.88%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Motorola Solutions, Inc. (MSI) trades at a price to free cash flow of 33.7×. Over the past ten years it has ranged from 0.0× (December 2015) to 45.5× (December 2022); the current reading is higher than 90% of that period. That is above the Communication Equipment industry median of 21.7× and above the Technology sector median of 18.7×.

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
Sep 2026 29.0× 12.93%
Jun 2026 25.7× (11.06%)
Mar 2026 28.9× 16.43%
Dec 2025 24.8× (21.33%)
43 more quarters

Against its own ten years

Low 0.0× High 45.5×
Ten-year median 23.9×
Current reading's percentile 90

Price to free cash flow against peers

Company Price to free cash flow
ERIC Ericsson compare 12.0×
HPE Hewlett Packard Enterprise Company compare 13.1×
ZBRA Zebra Technologies Corporation compare 15.5×
CSCO Cisco Systems, Inc. compare 29.8×
MSI Motorola Solutions, Inc. 33.7×
UI Ubiquiti Inc. compare 34.3×
CIEN Ciena Corporation compare 40.8×
LITE Lumentum Holdings Inc. compare 118×
NOK Nokia Corporation compare 3,933×
Communication Equipment industry median 21.7×
Technology sector median 18.7×
Market median 14.1×

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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