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Stocks/Information Technology/Communications Equipment

Motorola SolutionsMSI

Communications Equipment · Chicago, Illinois · In the S&P 500
Solid business
$491.53−0.11%After hours: $491.50 (−0.01%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 13.7% over 1 year
Motorola Solutions over 1 yearDaily close, $, to 30 Oct 2026
$400$450Nov2026MarMayJulSep$491.53$400$450NovMarJul$491.53
Source: Nasdaq daily closes
Market value$81.34B
Price to earnings38.7x
Forward P/E27.1x
Dividend yield0.98%
Year to date+28.2%
One year+13.7%
Next earningsWed 4 Nov, after the close
52-week range (closes)
$363.83$492.08

Quality and valuation

How Motorola Solutions compares with other information technology stocks. A description, not a recommendation.

Motorola Solutions and 5 communications equipment peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among information technology companies, priced about in line with them.

Motorola Solutions trades at 27.1 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +10.3% vs +20.6%
  • Keeps less of each sale (gross margin): 52.0% vs 61.5%
  • More profitable (operating margin): 24.9% vs 17.0%
  • Turns more of its sales into cash: 21.9% vs 21.7%
MSI trades at 27.1x forward earnings, above the sector medianForward p/e, Communications Equipment peers
FFIV19.6xCSCO20.4xMSI27.1xCIEN30.8xANET36.4xLITE38.6xSector median 22.2xFFIV19.6xCSCO20.4xMSI27.1xCIEN30.8xANET36.4xLITE38.6xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 38.7x earnings, MSI is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
30x50xAverage 40.0x2025202638.7x30x50xAverage 40.0x2025202638.7x
Source: Nasdaq prices; SEC filings

Financials

From Motorola Solutions's SEC filings, through the quarter ending 4 Jul 2026. Hover or tap a bar for its value.

Revenue grew 13.3% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$1bn$2bn$3bnQ3 ’24Q1 ’25Q3 ’25$3.1bnQ2 ’26$0bn$2bnQ3 ’24Q1 ’25Q3 ’25$3.1bnQ2 ’26
Source: SEC filings
Growth sped up to +13.3% last quarterRevenue growth, year on year, %
0%5%10%Q3 ’24Q1 ’25Q3 ’2513.3%Q2 ’260%5%10%Q3 ’24Q1 ’25Q3 ’2513.3%Q2 ’26
Source: SEC filings
Operating margin was 25.8% last quarterOperating income as a share of revenue, %
0%10%20%Q3 ’24Q1 ’25Q3 ’2525.8%Q2 ’260%10%20%Q3 ’24Q1 ’25Q3 ’2525.8%Q2 ’26
Source: SEC filings
Free cash flow was $2.7 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bnQ3 ’24Q1 ’25Q3 ’25$0.4bnQ2 ’26$0.0bn$0.5bn$1.0bnQ3 ’24Q1 ’25Q3 ’25$0.4bnQ2 ’26
Source: SEC filings
Last 12 monthsMSISector median
Revenue growth+10.3%+20.6%
Gross margin52.0%61.5%
Operating margin24.9%17.0%
Free cash flow margin21.9%21.7%
Price to earnings38.7x33.1x

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Communications Equipment, by market value.

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CSCOCisco$104.51−3.76%+35.7%$412B
ANETArista Networks$168.86−8.34%+28.9%$213B
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FFIVF5$338.34−6.91%+32.5%$19.22B