FN2 Earnings Intelligence
Motorola Solutions, Inc. ratios
Motorola Solutions, Inc. (MSI) Ratios (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $1,874 | $1,325 | $1,705 | $2,102 | $1,165 | - | - |
| + Debt | - | - | $6,018 | $5,997 | $9,162 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $8,171 | $9,112 | $9,978 | $10,817 | $11,682 | $12,804.8 | $13,630 |
| % Growth | 10.2% | 11.5% | 9.5% | 8.4% | 8.0% | 9.6% | 6.4% |
| Gross Profit | $4,040 | $4,229 | $4,970 | $5,512 | $6,035 | - | - |
| % Margin | 49.4% | 46.4% | 49.8% | 51.0% | 51.7% | - | - |
| EBITDA | $2,105 | $2,101 | $2,650 | $3,024 | $3,413 | - | - |
| % Margin | 25.8% | 23.1% | 26.6% | 28.0% | 29.2% | - | - |
| Net Income | $1,245 | $1,363 | $1,709 | $1,577 | $2,154 | - | - |
| % Margin | 15.2% | 15.0% | 17.1% | 14.6% | 18.4% | - | - |
| Diluted EPS | $7.17 | $7.93 | $9.93 | $9.23 | $12.75 | $16.96 | $18.54 |
| % Growth | 31.6% | 10.6% | 25.2% | -7.0% | 38.1% | 33.1% | 9.3% |
| Operating Cash Flow | $1,837 | $1,823 | $2,044 | $2,391 | $2,837 | - | - |
| CapEx | $243 | $256 | $253 | $257 | $265 | - | - |
| Free Cash Flow | $1,594 | $1,567 | $1,791 | $2,134 | $2,572 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $8,171 | $9,112 | $9,978 | $10,817 | $11,682 | $12,804.8 | $13,630 |
| Gross Profit | $4,040 | $4,229 | $4,970 | $5,512 | $6,035 | - | - |
| EBITDA | $2,105 | $2,101 | $2,650 | $3,024 | $3,413 | - | - |
| Net Income | $1,245 | $1,363 | $1,709 | $1,577 | $2,154 | - | - |
| Diluted EPS | $7.17 | $7.93 | $9.93 | $9.23 | $12.75 | $16.96 | $18.54 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1,874 | $1,325 | $1,705 | $2,102 | $1,165 |
| Short-term Debt | - | - | $1,313 | $322 | $749 |
| Long-term Debt | $5,688 | $6,013 | $4,705 | $5,675 | $8,413 |
| Total Debt | - | - | $6,018 | $5,997 | $9,162 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1,837 | $1,823 | $2,044 | $2,391 | $2,837 |
| Capital Expenditure | $243 | $256 | $253 | $257 | $265 |
| Free Cash Flow | $1,594 | $1,567 | $1,791 | $2,134 | $2,572 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 10.2% | 11.5% | 9.5% | 8.4% | 8.0% |
| Gross Margin | 49.4% | 46.4% | 49.8% | 51.0% | 51.7% |
| EBITDA Margin | 25.8% | 23.1% | 26.6% | 28.0% | 29.2% |
| Net Margin | 15.2% | 15.0% | 17.1% | 14.6% | 18.4% |
| FCF Margin | 19.5% | 17.2% | 17.9% | 19.7% | 22.0% |
| Diluted EPS Growth | 31.6% | 10.6% | 25.2% | -7.0% | 38.1% |