Motorola Solutions, Inc.
Motorola Solutions, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 886 | 1,165 | 894 | 3,206 | 1,564 | 2,102 | 1,404 | 1,381 | 1,512 | 1,705 | 910 | 710 | |||||
Accounts Receivable Net Current | 2,046 | 2,200 | 2,018 | 1,852 | 1,770 | 1,952 | 1,848 | 1,762 | 1,592 | 1,710 | 1,667 | 1,513 | |||||
Contract With Customer Asset Net Current | 1,388 | 1,574 | 1,515 | 1,380 | 1,288 | 1,230 | 1,301 | 1,210 | 1,127 | 1,102 | 1,092 | 1,033 | |||||
Inventory Net | 1,181 | 983 | 943 | 861 | 833 | 766 | 816 | 803 | 840 | 827 | 959 | 1,020 | |||||
Other Assets Current | 450 | 378 | 441 | 415 | 444 | 429 | 439 | 415 | 450 | 357 | 404 | 350 | |||||
Assets Current | 5,951 | 6,300 | 5,811 | 7,714 | 5,899 | 6,479 | 5,808 | 5,571 | 5,521 | 5,725 | 5,032 | 4,626 | |||||
Disposal Group Including Discontinued Operation Ot… | - | - | - | - | - | 0 | 0 | 0 | 0 | 24 | - | - | |||||
Property Plant And Equipment And Finance Lease Rig… | 1,161 | 1,165 | 1,099 | 1,070 | 1,039 | 1,022 | 1,024 | 987 | 957 | 964 | 931 | 935 | |||||
Operating Lease Right Of Use Asset | 609 | 581 | 577 | 590 | 521 | 529 | 551 | 527 | 534 | 495 | 453 | 478 | |||||
Long Term Investments | 187 | 187 | 192 | 180 | 161 | 135 | 140 | 127 | 141 | 143 | 142 | 162 | |||||
Deferred Income Tax Assets Net | 748 | 761 | 767 | 1,230 | 1,236 | 1,280 | 1,214 | 1,225 | 1,244 | 1,062 | 1,047 | 1,172 | |||||
Goodwill | 6,885 | 6,800 | 6,776 | 3,840 | 3,841 | 3,526 | 3,523 | 3,400 | 3,410 | 3,401 | 3,278 | 3,295 | |||||
Finite Lived Intangible Assets Net | 3,046 | 3,104 | 3,131 | 1,361 | 1,353 | 1,249 | 1,295 | 1,208 | 1,232 | 1,255 | 1,217 | 1,261 | |||||
Other Assets Noncurrent | 493 | 491 | 446 | 427 | 383 | 375 | 334 | 300 | 287 | 274 | 336 | 323 | |||||
Assets | 19,080 | 19,389 | 18,799 | 16,412 | 14,433 | 14,595 | 13,889 | 13,345 | 13,326 | 13,336 | 12,436 | 12,252 | |||||
Disposal Group Including Discontinued Operation As… | - | - | - | - | - | 0 | 0 | 0 | 0 | 17 | - | - | |||||
Liabilities And Stockhold… | |||||||||||||||||
Debt Current | - | - | - | 70 | 322 | 322 | 322 | 565 | 313 | 1,313 | 1,313 | 0 | |||||
Long Term Debt Current | - | 0 | 0 | - | - | 322 | - | - | - | - | - | - | |||||
Short Term Borrowings | 550 | 749 | 928 | - | - | 0 | - | - | - | - | - | - | |||||
Accounts Payable Current | 928 | 1,134 | 940 | 913 | 845 | 1,018 | 872 | 861 | 822 | 881 | 722 | 676 | |||||
Contract With Customer Liability Current | 2,296 | 2,265 | 2,074 | 2,016 | 1,983 | 2,072 | 1,942 | 1,852 | 1,890 | 2,037 | 1,898 | 1,764 | |||||
Accrued Liabilities Current | 1,785 | 1,930 | 1,717 | 1,465 | 1,772 | 1,643 | 1,529 | 1,366 | 1,601 | 1,504 | 1,355 | 1,326 | |||||
Liabilities Current | 5,559 | 6,078 | 5,659 | 4,464 | 4,922 | 5,055 | 4,665 | 4,644 | 4,626 | 5,736 | 5,288 | 3,766 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | 0 | 0 | 0 | 0 | 1 | - | - | |||||
Long Term Debt Noncurrent | 8,415 | 8,413 | 8,411 | 7,661 | 5,677 | 5,675 | 5,674 | 5,743 | 5,994 | 4,705 | 4,704 | 6,015 | |||||
Operating Lease Liability Noncurrent | 494 | 471 | 469 | 472 | 412 | 427 | 444 | 421 | 447 | 407 | 368 | 391 | |||||
Other Liabilities Noncurrent | 2,049 | 2,000 | 1,916 | 1,831 | 1,763 | 1,719 | 1,765 | 1,720 | 1,722 | 1,741 | 1,700 | 1,729 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | 0 | 0 | 0 | 0 | 8 | - | - | |||||
Common Stock Value | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Additional Paid In Capital Common Stock | 2,369 | 2,279 | 2,148 | 2,043 | 1,916 | 1,940 | 1,820 | 1,742 | 1,673 | 1,622 | 1,539 | 1,449 | |||||
Retained Earnings Accumulated Deficit | 2,596 | 2,549 | 2,594 | 2,335 | 2,223 | 2,300 | 1,974 | 1,607 | 1,399 | 1,640 | 1,326 | 1,333 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -2,423 | -2,420 | -2,417 | -2,412 | -2,500 | -2,539 | -2,470 | -2,549 | -2,553 | -2,540 | -2,505 | -2,447 | |||||
Stockholders Equity | 2,563 | 2,410 | 2,344 | 1,984 | 1,641 | 1,719 | 1,326 | 802 | 537 | 724 | 376 | 337 | |||||
Minority Interest | 19 | 17 | 17 | 16 | 18 | 16 | 15 | 15 | 16 | 15 | 14 | 14 | |||||
Liabilities And Stockholders Equity | 19,080 | 19,389 | 18,799 | 16,412 | 14,433 | 14,595 | 13,889 | 13,345 | 13,326 | 13,336 | 12,436 | 12,252 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Par Or Stated Value Per Share | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Preferred Stock Shares Authorized | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | 4,200 | |||||
Common Stock Shares Issued | 1,681 | 1,674 | 1,684 | 1,683 | 1,686 | 1,686 | 1,684 | 1,682 | 1,683 | 1,674 | 1,674 | 1,683 | |||||
Shares Outstanding | 166 | 166 | 167 | 167 | 167 | 167 | 167 | 167 | 167 | 166 | 166 | 167 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.91% | -6.72% | -3.26% | - | - | - | - | - | - | - | - | - |
| 2025 | -4.61% | -7.25% | -4.00% | 6.15% | 2.80% | -1.15% | -14.58% | -14.07% | -6.95% | 1.61% | -2.94% | -3.61% |
| 2024 | 8.43% | 15.11% | 16.35% | 7.98% | 11.28% | 19.49% | 6.33% | -0.33% | 2.20% | -3.43% | -7.98% | -6.99% |
| 2023 | - | - | - | -3.10% | -3.16% | -1.94% | 14.11% | 10.53% | 16.39% | 3.55% | 9.08% | 9.51% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.07 | 1.04 | 1.03 | 1.73 | 1.20 | 1.28 | 1.25 | 1.20 | 1.19 | 1.00 | 0.95 | 1.23 | |||||
| Quick Ratio | 0.86 | 0.87 | 0.86 | 1.54 | 1.03 | 1.13 | 1.07 | 1.03 | 1.01 | 0.85 | 0.77 | 0.96 | |||||
| Working Capital | 392.00M | 222.00M | 152.00M | 3.25B | 977.00M | 1.42B | 1.14B | 927.00M | 895.00M | -11.00M | -256.00M | 860.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.17 | 2.50 | 2.41 | 2.25 | 3.00 | 2.94 | 3.52 | 5.79 | 8.61 | 7.76 | 14.06 | 11.18 | |||||
| Interest Coverage TTM | 8.26 | 9.89 | 11.52 | 12.72 | 11.76 | 11.84 | 7.82 | 7.72 | 7.62 | 7.02 | 10.31 | 8.80 | |||||
| Debt Ratio | 0.29 | 0.31 | 0.30 | 0.27 | 0.34 | 0.35 | 0.34 | 0.35 | 0.35 | 0.43 | 0.43 | 0.31 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.71 | 0.69 | 0.69 | 0.75 | 0.79 | 0.77 | 0.81 | 0.81 | 0.79 | 0.76 | 0.82 | 0.81 | |||||
| Days Sales Outstanding TTM | 58.68 | 64.86 | 62.37 | 59.46 | 56.00 | 61.78 | 60.21 | 57.35 | 52.48 | 59.04 | 56.31 | 52.87 | |||||
| Receivables Turnover TTM | 6.22 | 5.63 | 5.85 | 6.14 | 6.52 | 5.91 | 6.06 | 6.36 | 6.95 | 6.18 | 6.48 | 6.90 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 12.48 | 12.78 | 12.57 | 12.58 | 12.08 | 9.26 | 9.15 | 8.60 | 8.37 | 9.93 | 9.91 | 8.78 | |||||
| Free Cash Flow Per Share TTM | 15.01 | 15.44 | 14.49 | 14.29 | 13.61 | 12.79 | 13.85 | 13.55 | 13.16 | 10.72 | 10.96 | 8.93 | |||||
| Dividend Per Share TTM | 4.51 | 4.37 | 4.26 | 4.15 | 4.03 | 3.92 | 3.81 | 3.71 | 3.63 | 3.53 | 3.45 | 3.34 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 51.37% | 51.66% | 51.41% | 51.33% | 51.30% | 50.96% | 50.86% | 50.53% | 50.18% | 49.81% | 49.47% | 47.82% | |||||
| Operating Profit Margin TTM | 24.70% | 25.58% | 25.27% | 25.23% | 25.11% | 24.85% | 24.51% | 24.37% | 23.68% | 22.99% | 22.84% | 20.52% | |||||
| Net Profit Margin TTM | 17.66% | 18.49% | 18.79% | 19.15% | 18.73% | 14.63% | 14.67% | 14.05% | 13.65% | 17.13% | 17.29% | 15.70% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 8.32% | 8.00% | 6.17% | 6.45% | 7.45% | 8.41% | 8.32% | 7.94% | 8.57% | 9.50% | 12.74% | 14.13% | |||||
| Net Income Growth (1Y) | 2.14% | 36.54% | 35.96% | 45.08% | 47.41% | -7.43% | -8.11% | -3.43% | 1.31% | 25.39% | 44.89% | 26.02% | |||||
| EPS Growth (1Y) | 2.82% | 36.70% | 36.36% | 45.17% | 46.88% | -7.32% | -8.33% | -3.08% | 1.98% | 25.76% | 45.32% | 25.79% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 34.23 | 29.40 | 35.53 | 32.65 | 35.12 | 47.94 | 47.17 | 43.09 | 41.42 | 29.79 | 25.90 | 31.36 | |||||
| P/B TTM | 27.99 | 26.17 | 32.21 | 34.95 | 43.92 | 44.12 | 55.61 | 78.67 | 107.36 | 68.90 | 117.19 | 141.09 | |||||
| P/S TTM | 6.04 | 5.44 | 6.67 | 6.25 | 6.58 | 7.01 | 6.92 | 6.05 | 5.65 | 5.10 | 4.48 | 4.92 | |||||
| Market Cap | 71.74B | 63.50B | 75.51B | 69.35B | 72.06B | 75.84B | 73.73B | 63.09B | 57.65B | 50.92B | 44.06B | 47.55B | |||||
| Enterprise Value | 79.82B | 71.50B | 83.95B | 73.88B | 76.50B | 79.73B | 78.32B | 68.02B | 62.45B | 55.23B | 49.17B | 52.85B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 2.49B | 2.57B | 2.41B | 2.38B | 2.27B | 2.13B | 2.31B | 2.26B | 2.19B | 1.79B | 1.83B | 1.50B | |||||
| Net Debt | 8.08B | 8.00B | 8.45B | 4.53B | 4.44B | 3.90B | 4.59B | 4.93B | 4.80B | 4.31B | 5.11B | 5.31B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Institutional Ownership
Motorola Solutions, Inc. (MSI) — SEC Financial Statements & Analysis
Motorola Solutions, Inc. (MSI) is a radio & tv broadcasting & communications equipment company, incorporated in DE. Motorola Solutions, Inc. trades on MSI: NYSE as: MSI. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Motorola Solutions, Inc. reported a 8.32% year-over-year revenue growth, a Gross Profit Margin of 51.37% (TTM), a Debt-to-Equity ratio of 2.17x, a Price-to-Sales (P/S) ratio of 6.04x (TTM), a Price-to-Book (P/B) ratio of 27.99 (TTM), at a market cap of $71.74B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 8.32%
- Gross Profit Margin TTM
- 51.37%
- Debt To Equity
- 2.17x
- P/S TTM
- 6.04x
- P/B TTM
- 27.99
- Market Cap
- $71.74B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Motorola Solutions, Inc. in?
Motorola Solutions, Inc. (MSI) operates in the Radio & Tv Broadcasting & Communications Equipment industry.
What is MSI's market cap?
Motorola Solutions, Inc. (MSI) has a market capitalization of $71.74B as of 2026-03-31.
What is MSI's P/E ratio?
Motorola Solutions, Inc. (MSI)'s trailing twelve month P/E ratio is 34.23x as of 2026-03-31.
What exchange does MSI trade on?
Motorola Solutions, Inc. (MSI) trades on the MSI: NYSE.
Where is Motorola Solutions, Inc. incorporated?
Motorola Solutions, Inc. is incorporated in DE.