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MSI · NYSE · United States · Radio & Tv Broadcasting & Communications Equipment
In shortMotorola Solutions, Inc. is profitable, generates cash and carries heavy debt, with revenue growing (+8.0% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 25.6% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 18.4% | 94/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 104.7% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 21.2% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.04× | 20/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 3.49× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.12× | 54/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 8.30× | 65/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.69 | 15/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 22.0% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.19× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 1.4% | 100/100 |
| Operating margin volatility | 3.1% | 81/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 8.6% | 65/100 |
|---|---|---|
| EPS growth, 3-year average | 17.2% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 8,171 | 9,112 | 9,978 | 10,817 | 11,682 |
| Cost of revenue | 4,131 | 4,883 | 5,008 | 5,305 | 5,647 |
| Gross profit | 4,040 | 4,229 | 4,970 | 5,512 | 6,035 |
| Research & development | 734 | 779 | 858 | 917 | 970 |
| Selling, general & admin | 1,353 | 1,450 | 1,561 | 1,752 | 1,870 |
| Operating income | 1,667 | 1,661 | 2,294 | 2,688 | 2,988 |
| Interest expense | 215 | 240 | 249 | 295 | 360 |
| Pre-tax income | 1,552 | 1,515 | 2,146 | 1,972 | 2,812 |
| Income tax | 302 | 148 | 432 | 390 | 652 |
| Net income | 1,245 | 1,363 | 1,709 | 1,577 | 2,154 |
| Diluted EPS | $7.17 | $7.93 | $9.93 | $9.23 | $12.75 |
| Diluted shares (millions) | 174 | 172 | 172 | 171 | 169 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.69 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 4, 2026 · Data updated Aug 5, 2026