(MSI) Motorola Solutions - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6200763075

Two-Way Radios, Video Security, Command Software, Network Infrastructure

MSI EPS (Earnings per Share)

EPS (Earnings per Share) of MSI over the last years for every Quarter: "2020-09": 1.95, "2020-12": 2.86, "2021-03": 1.87, "2021-06": 2.07, "2021-09": 2.35, "2021-12": 2.85, "2022-03": 1.7, "2022-06": 2.07, "2022-09": 3, "2022-12": 3.6, "2023-03": 2.22, "2023-06": 2.65, "2023-09": 3.19, "2023-12": 3.9, "2024-03": 2.81, "2024-06": 3.24, "2024-09": 3.74, "2024-12": 4.04, "2025-03": 3.18, "2025-06": 3.57, "2025-09": 4.06,

MSI Revenue

Revenue of MSI over the last years for every Quarter: 2020-09: 1868, 2020-12: 2273, 2021-03: 1773, 2021-06: 1971, 2021-09: 2107, 2021-12: 2320, 2022-03: 1892, 2022-06: 2140, 2022-09: 2373, 2022-12: 2707, 2023-03: 2171, 2023-06: 2403, 2023-09: 2556, 2023-12: 2849, 2024-03: 2389, 2024-06: 2628, 2024-09: 2790, 2024-12: 3011, 2025-03: 2528, 2025-06: 2765, 2025-09: 3009,

Description: MSI Motorola Solutions September 26, 2025

Motorola Solutions (NYSE:MSI) delivers public-safety and enterprise-security hardware, software, and services across the United States, United Kingdom, Canada, and other international markets. The business is split into two operating segments: Products & Systems Integration, which sells land-mobile-radio (LMR) radios, video-surveillance cameras, access-control hardware, network-core equipment, and integration services; and Software & Services, which provides command-center platforms, unified-communications applications, video-analytics software, maintenance contracts, and cybersecurity support.

The company’s customer base spans government agencies, police and fire departments, transportation authorities, utilities, and a broad set of commercial sectors such as hospitality, manufacturing, and oil & gas. Revenue is heavily weighted toward recurring contracts-approximately 65 % of FY 2023 sales were subscription-based or service-linked, which helps smooth earnings amid cyclical capital-expenditure cycles.

Key financial highlights (FY 2023): Revenue $10.0 billion, up 5 % YoY; operating margin 15.2 %; free cash flow $1.6 billion; and a backlog of roughly $4.5 billion, indicating strong demand pipeline. The Products segment contributed about 58 % of total revenue, while Software & Services generated the remaining 42 % and grew at a faster 9 % rate, driven by expanding software-as-a-service (SaaS) contracts.

Sector drivers that materially affect MSI include: (1) sustained federal and state spending on public-safety communications infrastructure, which the Congressional Budget Office projects will grow at a 3–4 % annual rate through 2028; (2) the industry shift toward 5G-enabled mission-critical communications, where MSI’s recent acquisition of Airwave (UK) positions it to capture a larger share of the European market; and (3) rising cybersecurity requirements for critical-infrastructure networks, boosting demand for MSI’s managed-security services.

For a deeper quantitative comparison of MSI’s valuation metrics against peers, the ValueRay platform offers a concise dashboard you may find useful.

MSI Stock Overview

Market Cap in USD 67,740m
Sub-Industry Communications Equipment
IPO / Inception 1977-01-03

MSI Stock Ratings

Growth Rating 41.7%
Fundamental 76.6%
Dividend Rating 62.8%
Return 12m vs S&P 500 -27.5%
Analyst Rating 4.23 of 5

MSI Dividends

Dividend Yield 12m 1.11%
Yield on Cost 5y 2.72%
Annual Growth 5y 11.26%
Payout Consistency 93.5%
Payout Ratio 29.4%

MSI Growth Ratios

Growth Correlation 3m -67.9%
Growth Correlation 12m -25.7%
Growth Correlation 5y 95.6%
CAGR 5y 17.34%
CAGR/Max DD 3y (Calmar Ratio) 0.80
CAGR/Mean DD 3y (Pain Ratio) 3.27
Sharpe Ratio 12m 0.79
Alpha -31.83
Beta 0.969
Volatility 34.04%
Current Volume 1885.3k
Average Volume 20d 773.4k
Stop Loss 382.6 (-3%)
Signal 0.61

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (2.12b TTM) > 0 and > 6% of Revenue (6% = 678.8m TTM)
FCFTA 0.13 (>2.0%) and ΔFCFTA -3.82pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 0.66% (prev 10.73%; Δ -10.06pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.14 (>3.0%) and CFO 2.65b > Net Income 2.12b (YES >=105%, WARN >=100%)
Net Debt (9.04b) to EBITDA (3.44b) ratio: 2.63 <= 3.0 (WARN <= 3.5)
Current Ratio 1.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (169.0m) change vs 12m ago -1.11% (target <= -2.0% for YES)
Gross Margin 50.95% (prev 50.85%; Δ 0.10pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 69.22% (prev 76.72%; Δ -7.50pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 9.64 (EBITDA TTM 3.44b / Interest Expense TTM 317.0m) >= 6 (WARN >= 3)

Altman Z'' 1.74

(A) 0.00 = (Total Current Assets 5.73b - Total Current Liabilities 5.66b) / Total Assets 18.80b
(B) 0.14 = Retained Earnings (Balance) 2.59b / Total Assets 18.80b
(C) 0.19 = EBIT TTM 3.06b / Avg Total Assets 16.34b
(D) 0.01 = Book Value of Equity 179.0m / Total Liabilities 16.45b
Total Rating: 1.74 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 76.61

1. Piotroski 6.0pt = 1.0
2. FCF Yield 3.14% = 1.57
3. FCF Margin 21.34% = 5.33
4. Debt/Equity 4.27 = -2.24
5. Debt/Ebitda 2.63 = -1.19
6. ROIC - WACC (= 20.03)% = 12.50
7. RoE 110.8% = 2.50
8. Rev. Trend 58.38% = 4.38
9. EPS Trend 55.10% = 2.76

What is the price of MSI shares?

As of November 06, 2025, the stock is trading at USD 394.49 with a total of 1,885,289 shares traded.
Over the past week, the price has changed by -8.72%, over one month by -13.70%, over three months by -8.91% and over the past year by -13.78%.

Is Motorola Solutions a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Motorola Solutions (NYSE:MSI) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 76.61 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MSI is around 380.12 USD . This means that MSI is currently overvalued and has a potential downside of -3.64%.

Is MSI a buy, sell or hold?

Motorola Solutions has received a consensus analysts rating of 4.23. Therefore, it is recommended to buy MSI.
  • Strong Buy: 6
  • Buy: 4
  • Hold: 3
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MSI price?

Issuer Target Up/Down from current
Wallstreet Target Price 498.4 26.4%
Analysts Target Price 498.4 26.4%
ValueRay Target Price 423.7 7.4%

MSI Fundamental Data Overview November 04, 2025

Market Cap USD = 67.74b (67.74b USD * 1.0 USD.USD)
P/E Trailing = 32.6675
P/E Forward = 27.7008
P/S = 5.9878
P/B = 37.9286
P/EG = 1.6504
Beta = 0.969
Revenue TTM = 11.31b USD
EBIT TTM = 3.06b USD
EBITDA TTM = 3.44b USD
Long Term Debt = 5.67b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.06b USD (from shortTermDebt, last quarter)
Debt = 9.94b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.04b USD (from netDebt column, last quarter)
Enterprise Value = 76.78b USD (67.74b + Debt 9.94b - CCE 894.0m)
Interest Coverage Ratio = 9.64 (Ebit TTM 3.06b / Interest Expense TTM 317.0m)
FCF Yield = 3.14% (FCF TTM 2.41b / Enterprise Value 76.78b)
FCF Margin = 21.34% (FCF TTM 2.41b / Revenue TTM 11.31b)
Net Margin = 18.70% (Net Income TTM 2.12b / Revenue TTM 11.31b)
Gross Margin = 50.95% ((Revenue TTM 11.31b - Cost of Revenue TTM 5.55b) / Revenue TTM)
Gross Margin QoQ = 49.92% (prev 51.10%)
Tobins Q-Ratio = 4.08 (Enterprise Value 76.78b / Total Assets 18.80b)
Interest Expense / Debt = 1.04% (Interest Expense 103.0m / Debt 9.94b)
Taxrate = 22.21% (161.0m / 725.0m)
NOPAT = 2.38b (EBIT 3.06b * (1 - 22.21%))
Current Ratio = 1.01 (Total Current Assets 5.73b / Total Current Liabilities 5.66b)
Debt / Equity = 4.27 (Debt 9.94b / totalStockholderEquity, last quarter 2.33b)
Debt / EBITDA = 2.63 (Net Debt 9.04b / EBITDA 3.44b)
Debt / FCF = 3.75 (Net Debt 9.04b / FCF TTM 2.41b)
Total Stockholder Equity = 1.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.26% (Net Income 2.12b / Total Assets 18.80b)
RoE = 110.8% (Net Income TTM 2.12b / Total Stockholder Equity 1.91b)
RoCE = 40.30% (EBIT 3.06b / Capital Employed (Equity 1.91b + L.T.Debt 5.67b))
RoIC = 28.49% (NOPAT 2.38b / Invested Capital 8.35b)
WACC = 8.47% (E(67.74b)/V(77.68b) * Re(9.59%) + D(9.94b)/V(77.68b) * Rd(1.04%) * (1-Tc(0.22)))
Discount Rate = 9.59% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.73%
[DCF Debug] Terminal Value 75.00% ; FCFE base≈2.37b ; Y1≈2.71b ; Y5≈3.76b
Fair Price DCF = 297.8 (DCF Value 49.60b / Shares Outstanding 166.6m; 5y FCF grow 16.72% → 3.0% )
EPS Correlation: 55.10 | EPS CAGR: 4.47% | SUE: 2.97 | # QB: 17
Revenue Correlation: 58.38 | Revenue CAGR: 3.92% | SUE: 1.36 | # QB: 2

Additional Sources for MSI Stock

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Fund Manager Positions: Dataroma | Stockcircle