Motorola Solutions, Inc. logo MSI - Motorola Solutions, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 24
HOLD 6
SELL 4
STRONG
SELL 0
| PRICE TARGET: $496.67 DETAILS
HIGH: $530.00
LOW: $450.00
MEDIAN: $502.50
CONSENSUS: $496.67
UPSIDE: 21.09%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 11,682 10,817 9,978 9,112 8,171 7,414 7,887 7,343 6,380 6,038 5,695 5,881 6,227 6,269 8,203 7,617 18,147 30,146 36,622 42,879 35,262 29,663 23,155 27,279 30,486 37,346 33,075 31,340 29,794 27,973 27,037 22,245 16,963
Cost of Revenue 5,820 5,305 5,008 4,883 4,131 3,806 3,956 3,863 3,356 3,169 2,976 3,050 3,118 3,075 4,057 3,805 12,406 21,751 26,670 30,152 23,833 19,698 15,652 18,307 23,121 25,168 20,631 19,396 19,993 18,982 17,533 13,760 10,351
Gross Profit 5,862 5,512 4,970 4,229 4,040 3,608 3,931 3,480 3,024 2,869 2,719 2,831 3,109 3,194 4,146 3,812 5,741 8,395 9,952 12,727 11,429 9,965 7,503 8,972 7,365 12,178 12,444 11,944 9,801 8,991 9,504 8,485 6,612
Operating Expenses
R&D Expenses 971 917 858 779 734 686 687 637 568 553 620 681 761 790 1,035 1,037 2,598 4,109 4,429 4,106 3,600 3,316 2,979 3,716 4,275 4,437 3,560 3,118 0 0 0 0 0
SG&A Expenses 1,868 1,752 1,561 1,450 1,353 1,293 1,403 1,254 1,025 1,044 1,021 1,184 1,330 1,472 1,912 1,874 3,058 4,330 5,092 4,504 3,628 3,508 3,285 4,472 4,919 5,733 5,220 5,807 5,515 4,715 4,642 4,381 3,776
Other Expenses 89 155 257 339 286 246 260 334 147 224 84 1,972 71 12 341 150 577 2,347 984 25 (404) 149 (34) 2,597 3,974 1,113 2,310 2,364 2,339 2,316 1,931 1,525 1,170
Operating Expenses 2,927 2,824 2,676 2,568 2,373 2,225 2,350 2,225 1,740 1,821 1,725 3,837 2,162 2,274 3,288 3,061 6,233 10,786 10,505 8,635 6,824 6,973 6,230 10,785 13,168 11,283 11,090 11,289 7,854 7,031 6,573 5,906 4,946
Operating Income
Operating Income 2,935 2,688 2,294 1,661 1,667 1,383 1,581 1,255 1,284 1,048 994 (1,006) 947 920 858 751 (492) (2,391) (553) 4,092 4,605 2,992 1,273 (1,813) (5,803) 895 1,354 655 1,947 1,960 2,931 2,579 1,666
Interest Expense 365 295 249 240 215 233 237 240 215 225 186 147 132 108 132 217 211 224 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 58 68 33 14 7 13 17 18 14 20 13 21 19 42 58 88 79 272 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 3,525 2,603 2,751 2,195 2,205 1,816 1,632 1,702 1,634 1,364 1,253 (841) 1,170 1,140 1,236 1,234 350 (1,578) 736 4,650 5,148 3,532 2,146 2,059 (1,393) 4,013 3,781 3,095 4,286 4,276 4,862 4,126 2,862
EBIT 3,074 2,267 2,395 1,755 1,767 1,407 1,238 1,342 1,291 1,069 1,103 (1,014) 1,012 989 870 881 (292) (2,409) (167) 4,092 4,608 2,966 1,328 (49) (3,945) 1,491 1,421 764 1,947 1,960 2,931 2,579 1,666
Income Before Tax 2,813 1,972 2,146 1,515 1,552 1,174 1,001 1,102 1,076 844 917 (1,161) 880 881 738 664 (503) (2,633) (390) 4,610 6,412 3,112 1,376 (3,446) (5,511) 2,231 1,283 (1,280) 1,816 1,775 2,782 2,437 1,525
Income Tax Expense 652 390 432 148 302 221 130 133 1,227 282 274 (465) (59) 211 (3) 403 (159) 1,607 (285) 1,349 1,893 1,013 448 (961) (1,574) 913 392 (373) 636 621 1,001 877 503
Net Income 2,154 1,577 1,709 1,363 1,245 949 868 966 (155) 560 610 1,299 1,099 881 1,158 633 (51) (4,244) (49) 3,661 4,578 1,532 893 (2,485) (3,937) 1,318 817 (962) 1,180 1,154 1,781 1,560 1,022
Per Share Data
EPS (Basic) 12.93 9.45 10.23 8.14 7.36 5.58 5.21 5.62 -0.95 3.30 3.06 5.29 4.13 3.01 3.47 1.90 -0.16 -13.11 -0.15 10.50 12.95 4.38 2.67 -7.65 -12.50 4.21 3.39 -3.75 4.62 4.55 8.12 6.18 4.13
EPS (Diluted) 12.76 9.23 9.93 7.93 7.17 5.45 4.94 5.62 -0.95 3.24 3.02 5.29 4.06 2.96 3.41 1.87 -0.16 -13.11 -0.15 10.22 12.67 4.38 2.66 -7.62 -12.45 4.06 2.87 -3.25 4.55 4.41 7.91 6.18 4.13
Shares Outstanding 166.2 166.8 167 167.5 169.2 170 166.6 171.9 162.9 169.6 199.6 245.4 266 292.1 333.8 333.3 327.9 323.6 330.4 349.5 353.0 335.7 331.2 324.9 315.0 309.2 259.5 256.5 255.4 253.6 219.3 253.0 250.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 1,165 2,102 1,705 1,325 1,874 1,254 1,001 1,246 1,205 1,030 2,869 3,064 10,556 7,877 6,507 6,082 3,301 3,345 1,453 1,445 1,513 725 741 886
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 5,094 225 152 139 59 80 354 699 171 335 298 350 0 358
Net Receivables 3,774 3,182 2,812 2,492 2,491 2,323 2,458 2,305 2,072 1,886 2,845 3,493 4,492 4,436 4,437 4,583 7,092 5,627 5,057 4,847 4,035 4,081 3,739 2,476
Inventory 983 766 827 1,055 788 508 447 356 327 273 1,308 2,659 2,546 2,792 2,869 2,756 5,242 3,422 3,745 4,096 3,220 3,528 2,670 1,864
Other Current Assets 378 429 381 383 259 242 272 354 346 296 4,127 7,922 3,336 2,663 3,262 3,648 3,896 4,015 3,276 2,848 2,551 2,176 1,775 1,129
Total Current Assets 6,300 6,479 5,725 5,255 5,412 4,327 4,178 4,272 3,950 3,430 16,032 17,363 21,082 17,907 17,134 17,149 19,885 16,503 13,531 13,236 11,319 10,510 8,925 6,713
Non-Current Assets
Property, Plant & Equipment 1,746 1,551 1,459 1,412 1,424 1,490 1,546 895 856 789 2,154 2,442 2,332 5,164 6,104 8,913 11,157 9,246 10,049 9,856 9,768 9,356 7,073 5,547
Goodwill 6,800 3,526 3,401 3,312 2,565 2,219 2,067 1,514 938 728 2,823 2,837 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 3,104 1,249 1,255 1,342 1,105 1,234 1,327 1,230 861 821 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 187 135 143 147 209 158 159 169 247 238 525 517 3,241 3,335 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 491 375 291 310 558 482 422 344 333 1,021 1,785 2,282 5,122 5,678 4,802 6,184 11,301 11,578 5,148 4,186 2,989 2,935 1,538 1,238
Total Non-Current Assets 13,089 8,116 7,611 7,559 6,777 6,549 6,464 5,137 4,258 4,995 9,571 10,506 9,807 14,191 14,018 16,249 22,458 20,824 15,197 14,042 12,757 12,291 8,611 6,785
Total Assets 19,389 14,595 13,336 12,814 12,189 10,876 10,642 9,409 8,208 8,425 25,603 27,869 30,889 32,098 31,152 33,398 42,343 37,327 28,728 27,278 24,076 22,801 17,536 13,498
Current Liabilities
Account Payables 1,328 1,178 1,021 1,207 1,086 612 779 592 593 553 1,998 3,188 3,330 2,789 2,268 2,434 3,492 3,285 2,305 2,297 2,050 2,018 1,678 1,338
Short-Term Debt 749 322 1,313 1 5 12 16 31 52 4 536 92 717 896 1,629 870 6,391 2,504 2,909 1,282 1,382 1,605 916 555
Deferred Revenue 2,265 2,072 2,037 1,859 1,650 1,554 1,449 1,263 1,041 873 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 604 503 439 452 462 747 347 701 821 1,061 4,349 6,637 5,177 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 6,078 5,055 5,736 4,560 4,063 3,489 3,439 3,096 2,931 2,630 8,261 10,620 10,573 9,433 9,810 9,698 16,257 12,416 11,440 9,055 7,995 7,793 5,917 4,389
Non-Current Liabilities
Long-Term Debt 8,413 5,675 4,705 6,013 5,688 5,163 5,113 5,289 4,419 4,392 3,365 4,092 4,578 6,675 7,189 8,372 4,293 3,089 2,633 2,144 1,931 1,949 1,127 1,360
Deferred Tax Liabilities 124 87 55 73 183 180 184 201 115 121 0 0 0 0 0 0 1,504 3,481 1,188 1,522 1,108 968 509 433
Other Non-Current Liabilities 1,125 1,136 1,270 1,255 1,659 1,900 1,818 1,885 2,301 2,119 4,094 3,650 2,407 3,301 2,914 1,152 1,192 1,513 1,245 1,285 1,247 1,043 887 907
Total Non-Current Liabilities 10,884 7,821 6,861 8,123 8,149 7,928 7,886 7,589 7,004 6,747 7,459 7,742 6,985 9,976 10,103 9,524 6,989 8,083 5,066 4,951 4,286 3,960 2,523 2,700
Total Liabilities 16,962 12,876 12,597 12,683 12,212 11,417 11,325 10,685 9,935 9,377 15,720 18,362 17,558 19,409 19,913 19,222 23,246 20,499 16,506 14,006 12,281 11,753 8,440 7,089
Stockholders' Equity
Common Stock 2 2 2 2 2 2 2 2 2 2 23 6,831 7,343 7,017 6,947 6,764 6,574 1,838 0 0 0 0 1,764 836
Retained Earnings 2,549 2,300 1,640 1,343 1,350 1,127 1,239 1,051 467 1,148 3,827 3,878 1,722 3,103 2,582 5,434 9,727 8,780 8,254 9,504 8,343 7,461 5,917 4,534
Accumulated Other Comprehensive Income (2,420) (2,539) (2,540) (2,535) (2,379) (2,446) (2,440) (2,765) (2,562) (2,317) (2,286) (2,205) (55) 207 (523) (214) 1,123 3,154 (12,839) (11,524) (9,830) (8,110) (6,657) 0
Total Stockholders' Equity 2,410 1,703 724 116 (40) (558) (700) (1,293) (1,742) (964) 9,775 9,507 13,331 12,689 11,239 13,691 18,612 16,344 12,222 13,272 11,795 11,048 9,096 6,409
Total Liabilities & Equity 19,389 14,595 13,336 12,814 12,189 10,876 10,642 9,409 8,208 8,425 25,603 27,869 30,889 32,098 31,152 33,398 42,343 37,327 28,728 27,278 24,076 22,801 17,536 13,498
Debt Metrics
Total Debt 9,766 6,551 6,550 6,551 6,130 5,703 5,748 5,320 4,471 4,396 3,901 4,184 5,295 7,571 8,818 9,242 10,684 5,593 5,542 3,426 3,313 3,554 2,043 1,915
Net Debt 8,601 4,449 4,845 5,226 4,256 4,449 4,747 4,063 3,266 3,366 1,032 1,120 (5,261) (306) 2,311 3,160 7,383 2,248 4,089 1,981 1,800 2,829 1,302 1,029
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 2,154 1,582 1,709 1,367 1,250 953 871 969 (151) 562 4,599 2,191 893 (2,485) (3,937) 1,318 817 (962) 1,180 1,154 1,781 1,560 1,022
Depreciation & Amortization 425 336 356 440 438 409 394 360 343 295 613 659 1,667 2,108 2,552 2,522 2,193 2,208 2,339 2,316 1,931 1,547 1,196
Stock-Based Compensation 293 243 212 172 129 129 118 73 66 68 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (138) (156) (244) (329) (34) 102 89 (370) (89) (61) 45 69 698 (636) 1,527 (5,488) (1,526) (1,126) (709) 958 (259) (369) 55
Other Non-Cash Items 9 601 43 507 20 45 435 34 77 88 (1,631) 350 (488) 3,922 4,107 245 859 1,834 (116) (78) (111) (9) (9)
Operating Cash Flow 2,837 2,391 2,044 1,823 1,837 1,613 1,823 1,075 1,346 1,165 4,605 3,066 2,771 1,339 1,976 (1,164) 1,928 1,021 2,596 4,190 3,287 2,552 2,314
Investing Activities
Capital Expenditure (265) (257) (253) (256) (243) (217) (248) (197) (227) (271) (583) (494) (655) (607) (1,321) (4,131) (2,684) (3,221) (2,874) (2,973) (4,225) (3,320) (2,187)
Acquisitions (4,899) (290) (180) (1,177) (521) (287) (709) (1,164) (404) (1,474) (312) (476) (302) (94) (512) (1,912) 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 1,174 243 217 248 197 227 271 (3,157) (13) (82) 143 14 174 (496) 0 (37) 0 (32) 0 (105)
Sales/Maturities of Investments 17 40 19 46 16 11 16 95 183 670 1,565 682 173 23 233 345 0 164 0 52 0 40 0
Other Investing Activities (17) 0 0 (1,174) (237) (161) (241) (197) (227) (198) 103 138 843 96 4,063 1,433 2,452 92 286 15 (322) (688) (215)
Investing Cash Flow (5,164) (507) (414) (1,387) (742) (437) (934) (1,266) (448) (1,002) (2,384) (163) (23) (439) 2,477 (4,091) (728) (2,965) (2,625) (2,906) (4,579) (3,968) (2,507)
Financing Activities
Net Debt Issuance 3,150 (618) (1) 310 491 (22) (561) 598 (11) (13) (1,121) (2,769) (1,139) (521) (1,826) 5,069 51 2,107 110 (242) 1,463 359 409
Stock Repurchased (1,154) (247) (804) (836) (528) (612) (315) (132) (483) (842) (874) 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (728) (654) (589) (530) (482) (436) (379) (337) (307) (280) (394) (378) (372) (364) (356) (333) (291) (288) (286) (261) (236) (149) (120)
Other Financing Activities (5) (4) (5) 150 90 104 111 (77) (3) 0 283 1,230 (113) 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow 1,309 (1,448) (1,295) (906) (429) (966) (1,144) 220 (722) (1,042) (1,190) (237) (1,466) (484) (1,820) 5,119 725 1,918 (39) (496) 1,276 1,271 402
Cash Position
Net Change in Cash (937) 397 380 (549) 620 253 (256) (11) 238 (950) 928 2,766 1,370 425 2,781 (236) 1,892 8 (68) 788 (16) (145) 209
Cash at Beginning 2,102 1,705 1,325 1,874 1,254 1,001 1,257 1,268 1,030 1,980 2,846 7,790 6,507 6,082 3,301 3,537 1,453 1,445 1,513 725 741 886 677
Cash at End 1,165 2,102 1,705 1,325 1,874 1,254 1,001 1,257 1,268 1,030 3,774 10,556 7,877 6,507 6,082 3,301 3,345 1,453 1,445 1,513 725 741 886
Free Cash Flow 2,572 2,134 1,791 1,567 1,594 1,396 1,575 878 1,119 894 4,022 2,572 2,116 732 655 (5,295) (756) (2,200) (278) 1,217 (938) (768) 127
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 11,682 10,817 9,978 9,112 8,171 7,414 7,887 7,343 6,380 6,038 5,695 5,881 6,227 6,269 8,203 7,617 18,147 30,146 36,622 42,879 35,262 29,663 23,155 27,279 30,486 37,346 33,075 31,340 29,794 27,973 27,037 22,245 16,963
Gross Profit 5,862 5,512 4,970 4,229 4,040 3,608 3,931 3,480 3,024 2,869 2,719 2,831 3,109 3,194 4,146 3,812 5,741 8,395 9,952 12,727 11,429 9,965 7,503 8,972 7,365 12,178 12,444 11,944 9,801 8,991 9,504 8,485 6,612
Operating Income 2,935 2,688 2,294 1,661 1,667 1,383 1,581 1,255 1,284 1,048 994 (1,006) 947 920 858 751 (492) (2,391) (553) 4,092 4,605 2,992 1,273 (1,813) (5,803) 895 1,354 655 1,947 1,960 2,931 2,579 1,666
Net Income 2,154 1,577 1,709 1,363 1,245 949 868 966 (155) 560 610 1,299 1,099 881 1,158 633 (51) (4,244) (49) 3,661 4,578 1,532 893 (2,485) (3,937) 1,318 817 (962) 1,180 1,154 1,781 1,560 1,022
EPS (Diluted) 12.76 9.23 9.93 7.93 7.17 5.45 4.94 5.62 -0.95 3.24 3.02 5.29 4.06 2.96 3.41 1.87 -0.16 -13.11 -0.15 10.22 12.67 4.38 2.66 -7.62 -12.45 4.06 2.87 -3.25 4.55 4.41 7.91 6.18 4.13
Balance Sheet
Cash & Equivalents 1,165 2,102 1,705 1,325 1,874 1,254 1,001 1,246 1,205 1,030 2,869 3,064 10,556 7,877 6,507 6,082 3,301 3,345 1,453 1,445 1,513 725 741 886
Total Assets 19,389 14,595 13,336 12,814 12,189 10,876 10,642 9,409 8,208 8,425 25,603 27,869 30,889 32,098 31,152 33,398 42,343 37,327 28,728 27,278 24,076 22,801 17,536 13,498
Total Debt 9,766 6,551 6,550 6,551 6,130 5,703 5,748 5,320 4,471 4,396 3,901 4,184 5,295 7,571 8,818 9,242 10,684 5,593 5,542 3,426 3,313 3,554 2,043 1,915
Stockholders' Equity 2,410 1,703 724 116 (40) (558) (700) (1,293) (1,742) (964) 9,775 9,507 13,331 12,689 11,239 13,691 18,612 16,344 12,222 13,272 11,795 11,048 9,096 6,409
Cash Flow
Operating Cash Flow 2,837 2,391 2,044 1,823 1,837 1,613 1,823 1,075 1,346 1,165 4,605 3,066 2,771 1,339 1,976 (1,164) 1,928 1,021 2,596 4,190 3,287 2,552 2,314
Capital Expenditure (265) (257) (253) (256) (243) (217) (248) (197) (227) (271) (583) (494) (655) (607) (1,321) (4,131) (2,684) (3,221) (2,874) (2,973) (4,225) (3,320) (2,187)
Free Cash Flow 2,572 2,134 1,791 1,567 1,594 1,396 1,575 878 1,119 894 4,022 2,572 2,116 732 655 (5,295) (756) (2,200) (278) 1,217 (938) (768) 127