MOTOROLA SOLUTIONS INC (MSI) Fundamental Analysis & Valuation

NYSE:MSI • US6200763075

464.11 USD
+6.08 (+1.33%)
At close: Mar 10, 2026
464.11 USD
0 (0%)
After Hours: 3/10/2026, 7:39:47 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MSI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to MSI. MSI was compared to 48 industry peers in the Communications Equipment industry. While MSI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MSI is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

9

1. MSI Profitability Analysis

1.1 Basic Checks

  • In the past year MSI was profitable.
  • In the past year MSI had a positive cash flow from operations.
  • Each year in the past 5 years MSI has been profitable.
  • Each year in the past 5 years MSI had a positive operating cash flow.
MSI Yearly Net Income VS EBIT VS OCF VS FCFMSI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B

1.2 Ratios

  • MSI has a better Return On Assets (11.11%) than 87.50% of its industry peers.
  • With an excellent Return On Equity value of 89.38%, MSI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 16.51%, MSI belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for MSI is significantly above the industry average of 10.39%.
  • The 3 year average ROIC (21.01%) for MSI is well above the current ROIC(16.51%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 11.11%
ROE 89.38%
ROIC 16.51%
ROA(3y)11.58%
ROA(5y)11.12%
ROE(3y)139.34%
ROE(5y)N/A
ROIC(3y)21.01%
ROIC(5y)19.25%
MSI Yearly ROA, ROE, ROICMSI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1K -1K -2K -3K

1.3 Margins

  • Looking at the Profit Margin, with a value of 18.44%, MSI belongs to the top of the industry, outperforming 89.58% of the companies in the same industry.
  • MSI's Profit Margin has improved in the last couple of years.
  • MSI's Operating Margin of 25.31% is amongst the best of the industry. MSI outperforms 95.83% of its industry peers.
  • In the last couple of years the Operating Margin of MSI has grown nicely.
  • Looking at the Gross Margin, with a value of 51.66%, MSI is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
  • In the last couple of years the Gross Margin of MSI has remained more or less at the same level.
Industry RankSector Rank
OM 25.31%
PM (TTM) 18.44%
GM 51.66%
OM growth 3Y9.74%
OM growth 5Y5.85%
PM growth 3Y7.22%
PM growth 5Y7.57%
GM growth 3Y3.64%
GM growth 5Y1.2%
MSI Yearly Profit, Operating, Gross MarginsMSI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. MSI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MSI is creating value.
  • Compared to 1 year ago, MSI has less shares outstanding
  • MSI has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, MSI has a worse debt to assets ratio.
MSI Yearly Shares OutstandingMSI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
MSI Yearly Total Debt VS Total AssetsMSI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 3.98 indicates that MSI is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.98, MSI is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
  • The Debt to FCF ratio of MSI is 3.56, which is a good value as it means it would take MSI, 3.56 years of fcf income to pay off all of its debts.
  • MSI has a Debt to FCF ratio of 3.56. This is comparable to the rest of the industry: MSI outperforms 56.25% of its industry peers.
  • A Debt/Equity ratio of 3.80 is on the high side and indicates that MSI has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 3.80, MSI is doing worse than 91.67% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 3.8
Debt/FCF 3.56
Altman-Z 3.98
ROIC/WACC1.75
WACC9.43%
MSI Yearly LT Debt VS Equity VS FCFMSI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 1.04 indicates that MSI should not have too much problems paying its short term obligations.
  • MSI has a worse Current ratio (1.04) than 85.42% of its industry peers.
  • A Quick Ratio of 0.87 indicates that MSI may have some problems paying its short term obligations.
  • The Quick ratio of MSI (0.87) is worse than 83.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.04
Quick Ratio 0.87
MSI Yearly Current Assets VS Current LiabilitesMSI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. MSI Growth Analysis

3.1 Past

  • MSI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.35%, which is quite good.
  • MSI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.90% yearly.
  • The Revenue has been growing slightly by 7.99% in the past year.
  • The Revenue has been growing by 9.52% on average over the past years. This is quite good.
EPS 1Y (TTM)11.35%
EPS 3Y14.09%
EPS 5Y14.9%
EPS Q2Q%13.61%
Revenue 1Y (TTM)7.99%
Revenue growth 3Y8.63%
Revenue growth 5Y9.52%
Sales Q2Q%12.29%

3.2 Future

  • Based on estimates for the next years, MSI will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.24% on average per year.
  • MSI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.79% yearly.
EPS Next Y10.07%
EPS Next 2Y9.16%
EPS Next 3Y9.08%
EPS Next 5Y9.24%
Revenue Next Year9.03%
Revenue Next 2Y7.47%
Revenue Next 3Y7%
Revenue Next 5Y6.79%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
MSI Yearly Revenue VS EstimatesMSI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B
MSI Yearly EPS VS EstimatesMSI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15 20

More info and screens

Find the best growth stocksShow best growing peers

3

4. MSI Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 30.14, the valuation of MSI can be described as expensive.
  • MSI's Price/Earnings ratio is a bit cheaper when compared to the industry. MSI is cheaper than 66.67% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.25, MSI is valued at the same level.
  • With a Price/Forward Earnings ratio of 27.38, MSI can be considered very expensive at the moment.
  • 60.42% of the companies in the same industry are more expensive than MSI, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 24.39. MSI is around the same levels.
Industry RankSector Rank
PE 30.14
Fwd PE 27.38
MSI Price Earnings VS Forward Price EarningsMSI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MSI is on the same level as its industry peers.
  • MSI's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 29.89
EV/EBITDA 24.58
MSI Per share dataMSI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40 -40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MSI does not grow enough to justify the current Price/Earnings ratio.
  • MSI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.99
PEG (5Y)2.02
EPS Next 2Y9.16%
EPS Next 3Y9.08%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. MSI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.04%, MSI has a reasonable but not impressive dividend return.
  • MSI's Dividend Yield is rather good when compared to the industry average which is at 0.78. MSI pays more dividend than 81.25% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, MSI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.04%

5.2 History

  • On average, the dividend of MSI grows each year by 11.27%, which is quite nice.
  • MSI has paid a dividend for at least 10 years, which is a reliable track record.
  • MSI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.27%
Div Incr Years13
Div Non Decr Years13
MSI Yearly Dividends per shareMSI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

5.3 Sustainability

  • MSI pays out 33.80% of its income as dividend. This is a sustainable payout ratio.
  • MSI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.8%
EPS Next 2Y9.16%
EPS Next 3Y9.08%
MSI Yearly Income VS Free CF VS DividendMSI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B 2.5B
MSI Dividend Payout.MSI Dividend Payout, showing the Payout Ratio.MSI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

MSI Fundamentals: All Metrics, Ratios and Statistics

MOTOROLA SOLUTIONS INC

NYSE:MSI (3/10/2026, 7:39:47 PM)

After market: 464.11 0 (0%)

464.11

+6.08 (+1.33%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)02-11
Earnings (Next)04-29
Inst Owners87.89%
Inst Owner Change-1.18%
Ins Owners0.13%
Ins Owner Change9.64%
Market Cap76.88B
Revenue(TTM)11.68B
Net Income(TTM)2.15B
Analysts81.05
Price Target502.86 (8.35%)
Short Float %1.4%
Short Ratio1.83
Dividend
Industry RankSector Rank
Dividend Yield 1.04%
Yearly Dividend4.38
Dividend Growth(5Y)11.27%
DP33.8%
Div Incr Years13
Div Non Decr Years13
Ex-Date03-20
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.5%
Min EPS beat(2)4.44%
Max EPS beat(2)4.57%
EPS beat(4)4
Avg EPS beat(4)4.79%
Min EPS beat(4)4.44%
Max EPS beat(4)5.5%
EPS beat(8)8
Avg EPS beat(8)6.07%
EPS beat(12)12
Avg EPS beat(12)5.95%
EPS beat(16)16
Avg EPS beat(16)5.79%
Revenue beat(2)1
Avg Revenue beat(2)-0.13%
Min Revenue beat(2)-0.3%
Max Revenue beat(2)0.03%
Revenue beat(4)2
Avg Revenue beat(4)-0.13%
Min Revenue beat(4)-0.51%
Max Revenue beat(4)0.25%
Revenue beat(8)5
Avg Revenue beat(8)0.08%
Revenue beat(12)9
Avg Revenue beat(12)0.24%
Revenue beat(16)13
Avg Revenue beat(16)0.98%
PT rev (1m)2.75%
PT rev (3m)0.27%
EPS NQ rev (1m)0.84%
EPS NQ rev (3m)0.84%
EPS NY rev (1m)2.83%
EPS NY rev (3m)2.97%
Revenue NQ rev (1m)-2.12%
Revenue NQ rev (3m)-2.37%
Revenue NY rev (1m)0.73%
Revenue NY rev (3m)0.72%
Valuation
Industry RankSector Rank
PE 30.14
Fwd PE 27.38
P/S 6.58
P/FCF 29.89
P/OCF 27.1
P/B 31.9
P/tB N/A
EV/EBITDA 24.58
EPS(TTM)15.4
EY3.32%
EPS(NY)16.95
Fwd EY3.65%
FCF(TTM)15.53
FCFY3.35%
OCF(TTM)17.13
OCFY3.69%
SpS70.52
BVpS14.55
TBVpS-45.24
PEG (NY)2.99
PEG (5Y)2.02
Graham Number71
Profitability
Industry RankSector Rank
ROA 11.11%
ROE 89.38%
ROCE 22.21%
ROIC 16.51%
ROICexc 18.01%
ROICexgc 77.63%
OM 25.31%
PM (TTM) 18.44%
GM 51.66%
FCFM 22.02%
ROA(3y)11.58%
ROA(5y)11.12%
ROE(3y)139.34%
ROE(5y)N/A
ROIC(3y)21.01%
ROIC(5y)19.25%
ROICexc(3y)25.94%
ROICexc(5y)23.84%
ROICexgc(3y)102.14%
ROICexgc(5y)83.79%
ROCE(3y)27.15%
ROCE(5y)24.75%
ROICexgc growth 3Y8.8%
ROICexgc growth 5Y13.39%
ROICexc growth 3Y-3.09%
ROICexc growth 5Y-0.09%
OM growth 3Y9.74%
OM growth 5Y5.85%
PM growth 3Y7.22%
PM growth 5Y7.57%
GM growth 3Y3.64%
GM growth 5Y1.2%
F-Score6
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity 3.8
Debt/FCF 3.56
Debt/EBITDA 2.71
Cap/Depr 62.35%
Cap/Sales 2.27%
Interest Coverage 10.38
Cash Conversion 83.89%
Profit Quality 119.41%
Current Ratio 1.04
Quick Ratio 0.87
Altman-Z 3.98
F-Score6
WACC9.43%
ROIC/WACC1.75
Cap/Depr(3y)69.97%
Cap/Depr(5y)64.71%
Cap/Sales(3y)2.39%
Cap/Sales(5y)2.59%
Profit Quality(3y)119.84%
Profit Quality(5y)120.51%
High Growth Momentum
Growth
EPS 1Y (TTM)11.35%
EPS 3Y14.09%
EPS 5Y14.9%
EPS Q2Q%13.61%
EPS Next Y10.07%
EPS Next 2Y9.16%
EPS Next 3Y9.08%
EPS Next 5Y9.24%
Revenue 1Y (TTM)7.99%
Revenue growth 3Y8.63%
Revenue growth 5Y9.52%
Sales Q2Q%12.29%
Revenue Next Year9.03%
Revenue Next 2Y7.47%
Revenue Next 3Y7%
Revenue Next 5Y6.79%
EBIT growth 1Y9.97%
EBIT growth 3Y19.21%
EBIT growth 5Y15.92%
EBIT Next Year25.31%
EBIT Next 3Y12.99%
EBIT Next 5Y7.92%
FCF growth 1Y20.52%
FCF growth 3Y17.96%
FCF growth 5Y13%
OCF growth 1Y18.65%
OCF growth 3Y15.88%
OCF growth 5Y11.96%

MOTOROLA SOLUTIONS INC / MSI FAQ

What is the ChartMill fundamental rating of MOTOROLA SOLUTIONS INC (MSI) stock?

ChartMill assigns a fundamental rating of 6 / 10 to MSI.


What is the valuation status of MOTOROLA SOLUTIONS INC (MSI) stock?

ChartMill assigns a valuation rating of 3 / 10 to MOTOROLA SOLUTIONS INC (MSI). This can be considered as Overvalued.


Can you provide the profitability details for MOTOROLA SOLUTIONS INC?

MOTOROLA SOLUTIONS INC (MSI) has a profitability rating of 9 / 10.


What is the earnings growth outlook for MOTOROLA SOLUTIONS INC?

The Earnings per Share (EPS) of MOTOROLA SOLUTIONS INC (MSI) is expected to grow by 10.07% in the next year.


Can you provide the dividend sustainability for MSI stock?

The dividend rating of MOTOROLA SOLUTIONS INC (MSI) is 6 / 10 and the dividend payout ratio is 33.8%.