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) Return on invested capital

Alert me on Return on invested capital

Motorola Solutions, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 17.3%, down 0.6 percentage points from fiscal 2025 (17.9%). Over the past ten years it has ranged from 17.9% (fiscal 2025) to 54.4% (fiscal 2017) — the current reading is the lowest in ten years. That is above the Communication Equipment industry median of 0.72% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 17.9% (12.01)
FY2024 29.9% 1.55
FY2023 28.4% 6.84
FY2022 21.5% (5.91)
FY2021 27.5% 1.88
FY2020 25.6% (3.11)
FY2019 28.7% 0.54
FY2018 28.1% (26.23)
FY2017 54.4% 27.24
FY2016 27.1% (0.20)

Against its own ten years

Low 17.9% High 54.4%
Ten-year median 27.5%
Current reading's percentile 9

Return on invested capital against peers

Company Return on invested capital
UI Ubiquiti Inc. compare 89.4%
ERIC Ericsson compare 25.1%
MSI Motorola Solutions, Inc. 17.3%
CIEN Ciena Corporation compare 12.6%
LITE Lumentum Holdings Inc. compare 9.26%
ZBRA Zebra Technologies Corporation compare 8.87%
HPE Hewlett Packard Enterprise Company compare 4.31%
NOK Nokia Corporation compare 2.83%
ASTS AST SpaceMobile, Inc. compare −12.2%
Communication Equipment industry median 0.72%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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