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Motorola Solutions, Inc. MSI

NYSE · stock · Radio & Tv Broadcasting & Communications Equipment · website · IPO 1980-03-17 · LEI

Motorola Solutions, Inc. statistics & valuation

Market cap$66.9B
P / E31.0×
P / S5.7×
P / B27.6×
Dividend yield1.09%
Net margin18.4%
Return on equity88.8%
Net debt$7.2B
Net debt / EBITDA2.1×
Enterprise value USD$74.1B
EV / EBITDA21.7×
Earnings yield EBIT/EV4%
Return on capital22.4%
Graham number -86.3%$64.19

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($64.19); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.30% -2.40% 13.20% 11.00% 12.80% 15.20% 15.00% 17.10% 14.60% 18.40% 2016201720182019202020212022202320242025
Gross margin (%)
47.50% 47.40% 47.40% 49.80% 48.70% 49.40% 46.40% 49.80% 51.00% 51.70% 2016201720182019202020212022202320242025
Operating margin (%)
17.40% 20.10% 17.10% 20.00% 18.70% 20.40% 18.20% 23.00% 24.80% 25.60% 2016201720182019202020212022202320242025
Return on equity (%)
1040.50% 231.30% 91.70% 88.80% 2016201720182019202020212022202320242025
Shares outstanding
173.1M 162.9M 172.0M 175.6M 174.1M 173.6M 171.9M 172.1M 170.8M 169.0M 2016201720182019202020212022202320242025
Net debt ($)
$3.42B $3.21B $4.03B $4.11B $3.91B $3.81B $4.69B $3.00B $3.57B $7.25B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
6.60% -1.90% 10.30% 8.20% 8.70% 10.20% 10.60% 12.80% 10.80% 11.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
45.90× 6.37× 3.30× 3.47× 2016201720182019202020212022202320242025
EPS ($)
$3.24 -$0.95 $5.62 $4.95 $5.45 $7.17 $7.93 $9.93 $9.23 $12.75 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Motorola Solutions, Inc. trades at about 36.8× earnings — above its 10-year norm (10-year range 20.8×–50.8×, median 32.2×).

20.8× 50.8×

Shaded band = 10-year range (20.8×–50.8×); dot = today's 36.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin51.7%51.0%49.8%46.4%49.4%48.7%49.8%47.4%47.4%47.5%
Operating margin25.6%24.8%23.0%18.2%20.4%18.7%20.0%17.1%20.1%17.4%
Net margin18.4%14.6%17.1%15.0%15.2%12.8%11.0%13.2%-2.4%9.3%
Return on assets11.1%10.8%12.8%10.6%10.2%8.7%8.2%10.3%-1.9%6.6%
Return on equity88.8%91.7%231.3%1040.5%-3112.5%-170.1%-124.0%-74.7%8.9%-58.1%
Debt / equity3.47×3.30×6.37×45.90×-142.20×-9.25×-7.30×-4.09×-2.54×-4.56×
Current ratio1.041.281.001.151.331.241.211.381.351.30

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.