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MSI · NYSE

Motorola Solutions, Inc.

Communication Equipment · United States

USD 453.14-0.7% daily changeQuote 2026-10-07 · USD
Market cap (USD)
US$74.99B
Trailing P/E
35.68x
Forward P/E
23.32x
Quarterly revenue growth
13.3%
Trailing net margin
17.4%
Indicated dividend yield
1.1%

Snapshot 2026-10-07 · Latest financial period 2026-07-04 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).

Company background

Motorola Solutions, Inc. provides public safety, government, defense, and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. It operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and the implementation and integration of systems, devices, software, and applications for government, including defense, public safety, and enterprise customers who operate private communications systems and video security solutions, as well as manage a mobile workforce. This segment also provides mission critical networks, and video security and access control technologies, including two-way portable and vehicle-mounted radios, video cameras, and accessories; communications network core and central processing software, base stations, consoles, and repeaters; and video analytics, network video management hardware and software, and access control solutions. The Software and Services segment offers public safety and enterprise command center, unified communications applications, mobile video equipment, and video software solutions; repair, technical support, and maintenance services; and monitoring, software updates, and cybersecurity services to government, public safety, and commercial communications networks. It serves hospitality; manufacturing; military and defence; police; air transportation; fire and rescue; stadium; emergency medical services; mining; oil and gas; transportation and logistics; utilities; education; retail; and healthcare industries. The company was formerly known as Motorola, Inc. and changed its name to Motorola Solutions, Inc. in January 2011. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.

Company website

Q2 2026

Go beyond the headline.

Motorola Solutions (MSI): The Beat Is Real. The Growth Was Bought.

Published 2026-08-06

Comparable businesses

MSI peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricMSIMotorola Solutions, Inc.Snapshot 2026-10-07Financial period: 2026-07-04CIENCiena CorporationSnapshot 2026-10-07Financial period: 2026-08-01NOKNokia OyjSnapshot 2026-10-07Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$74.99BUS$62.25BUS$59.57BUS$60.91Bn=2
Forward P/EProvider forward earnings estimate23.32x37.11x22.05x29.58xn=2
EV / EBITDAEnterprise value / trailing EBITDA22.47x61.99x——
Revenue growthLatest quarter vs prior-year quarter13.3%37.0%8.4%22.7%n=2
Operating marginLatest reported quarter27.4%18.1%7.9%13.0%n=2
Free cash flow yieldTrailing cash flow / market cap2.6%1.0%——
Net debt / EBITDANet debt / trailing EBITDA2.37x0.64x-0.68x-0.02xn=2
Debt / equityTotal debt / positive book equity3.58x1.07x0.16x0.62xn=2
Trailing P/ETrailing twelve-month earnings35.68x98.21x76.00x87.10xn=2
Price / bookPrice / positive book equity per share28.07x20.38x2.50x11.44xn=2
EV / salesEnterprise value / trailing revenue6.90x10.56x——
Earnings growthLatest quarter vs prior-year quarter9.5%422.9%-97.9%162.5%n=2
Gross marginTrailing twelve months52.1%44.1%45.5%44.8%n=2
Net marginTrailing twelve months17.4%10.9%3.5%7.2%n=2
Return on equityProvider trailing return; positive equity only91.6%22.4%3.5%12.9%n=2
Free cash flow marginTrailing free cash flow / revenue16.2%10.5%5.8%8.2%n=2
Dividend yieldIndicated annual dividend / price1.1%—1.5%—
Earnings payoutProvider trailing dividend payout37.2%0.0%117.3%58.6%n=2
Current ratioCurrent assets / current liabilities1.10x3.80x1.50x2.65xn=2
BetaProvider historical market sensitivity0.891.290.731.01n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-07. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for MSI

All available reporting periods
Q2 20262026-08-06
Q1 20262026-05-09

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.