NEW YORK STOCK EXCHANGE, INC. · Communications · CIK 0000068505
$477.81
+2.21% · delayed ~15 min
Last price from Oct 22, 2026
$79.17B market value
From Motorola Solutions, Inc.'s FY2025 10-K, filed Feb 12, 2026 · read the filing
Motorola Solutions makes communications equipment. It took in $11.68B last year, which makes it a large company. Of every dollar it sells, about 18 cents is left as profit.
The financial picture is led by profitability, debt and accounting, with growth worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Recent open-market selling by 4 insiders, not under a pre-arranged plan.
$8.5M sold in the last 120 days · Read the filing
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Strong finances across the board.
From Motorola Solutions, Inc.'s FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Long-term debt
$5.67B → $8.41B
Cash
$2.10B → $1.17B
Profit
$1.58B → $2.15B
Profit margin
14.6% → 18.4%
Measured against FY2024, from the 10-K filed Feb 12, 2026
Deteriorated: +48.2%
$5.67B to $8.41BCritical
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Deteriorated: -44.6%
$2.10B to $1.17BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
How the latest move compares (quote delayed ~15 min), and what was published around it
MSI rose 2.21% on the latest quote. The average Technology company tracked here moved −1.31%, and the S&P 500 −1.04%. That is 3.5 points above its sector and 3.2 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
The growth rate someone buying today is paying for, against what the company has delivered
At today's price, the market is paying for free cash flow to grow by about 13% a year for the next 10 years. Over the last 10 years it grew by about 12% a year.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 18 cents of every dollar of sales as profit, earning $2.15B last year.
Slowly. Sales grew 8.0% last year.
No. At its current cash flow it could clear its debt in about 2.6 years. For every $1 it owes, it owns $1.14 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 34 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 26% of the cash its operations generated. It has paid in each of the last 12 years.
GoodNext payment expected around , projected from how regularly it has paid before rather than from a date the company has announced.
Figures from the FY2025 annual filing
Last year it earned $2.15B and generated $2.84B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Feb 12, 2026Filing for FY2025 | FY202410-K · Feb 14, 2025Filing for FY2024 | FY202310-K · Feb 15, 2024Filing for FY2023 | FY202210-K · Feb 16, 2023Filing for FY2022 | FY202110-K · Feb 16, 2022Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $11.68B | $10.82B | $9.98B | $9.11B | $8.17B | +8.0% |
| Cost of revenue | $5.65B | $5.30B | $5.01B | $4.88B | $4.13B | +6.4% |
| Gross profit | $6.04B | $5.51B | $4.97B | $4.23B | $4.04B | +9.5% |
| Gross marginGross profit ÷ revenueWhat is this? | 51.7% | 51.0% | 49.8% | 46.4% | 49.4% | +0.7 pts |
| Selling, general and administrative | $1.87B | $1.75B | $1.56B | $1.45B | $1.35B | +6.7% |
| Operating income | $2.99B | $2.69B | $2.29B | $1.66B | $1.67B | +11.2% |
| Operating marginOperating income ÷ revenueWhat is this? | 25.6% | 24.8% | 23.0% | 18.2% | 20.4% | +0.7 pts |
| Interest expense | $360.0M | $295.0M | $249.0M | $240.0M | $215.0M | +22.0% |
| Income before tax | $2.81B | $1.97B | $2.15B | $1.51B | $1.55B | +42.6% |
| Net income | $2.15B | $1.58B | $1.71B | $1.36B | $1.25B | +36.6% |
| Net marginNet income ÷ revenueWhat is this? | 18.4% | 14.6% | 17.1% | 15.0% | 15.2% | +3.9 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $13.00 | $9.44 | $10.28 | $8.14 | $7.38 | +37.7% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| MSIMotorola Solutions, Inc. · this page | 9.0/10 | 6/9 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Was granted or awarded shares — 62 shares at $447.41 ($27.7K)
Holds 1,117 shares after this filing.
Exercised stock options — 14,220 shares at $81.37 ($1.2M)
Holds 80,868 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Reported another event
Read the filingReported another event
Read the filingWrite down why you are following Motorola Solutions, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 46 subsidiaries named in its 10-K, incorporated across 14 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from MSI's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Feb 12, 2026), reported under the US GAAP taxonomy. View the source filing. Total liabilities were not tagged directly and were calculated as assets minus equity.
4 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. All four had enough reported figures. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 9.0 | 6/9 | 10-K, filed Feb 12, 2026 |
| FY2024 | 9.0 | 6/9 | 10-K, filed Feb 14, 2025 |
| FY2023 | 9.0 | 8/9 | 10-K, filed Feb 15, 2024 |
| FY2022 | 9.0 | 6/9 | 10-K, filed Feb 16, 2023 |
| FY2021 | 9.0 | 8/9 | 10-K, filed Feb 16, 2022 |
| FY2020 | 6.0 | 7/9 | 10-K, filed Feb 12, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
6 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
4.11
In the safe zone
For this model, above 2.99 is safe and below 1.81 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
-2.45
Below the threshold — nothing unusual flagged
Scores above -1.78 are the ones the model associates with earnings manipulation.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Improved: +36.6%
$1.58B to $2.15BSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +3.9 pts
14.6% to 18.4%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +20.5%
$2.13B to $2.57BSignificant
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +37.7%
$9.44 to $13.00Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +8.0%
$10.82B to $11.68BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +9.5%
$5.51B to $6.04BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +11.2%
$2.69B to $2.99BNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Changed: +11.3%
$654.0M to $728.0MNotable
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
Q2 FY2026 against Q2 FY2025, from the 10-Q filed Aug 5, 2026 — read it.
Deteriorated: -77.9%
$3.21B to $710.0MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +18.8%
$1.41B to $1.68BSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +16.9%
$692.0M to $809.0MSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +13.3%
$2.77B to $3.13BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +8.6%
$513.0M to $557.0MNotable
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +2.5 pts
51.1% to 53.6%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +9.3%
$3.08 to $3.37Notable
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: +9.9%
$7.66B to $8.42BNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Changed: +10.4%
$182.0M to $201.0MNotable
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Aug 5, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +54.1%
$525.0M to $809.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +52.2%
$366.0M to $557.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +52.8%
$2.20 to $3.37Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +15.4%
$2.71B to $3.13BSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +23.2%
$1.36B to $1.68BSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +3.4 pts
50.2% to 53.6%Significant
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +6.5 pts
19.3% to 25.8%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +4.3 pts
13.5% to 17.8%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -19.9%
$886.0M to $710.0MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
4 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
Loading price history…
Discounted at 8%–10% a year, with growth settling to 2.5% after 10 years. Those rates are ordinary choices, not measurements: across that range the assumed growth works out between 10% and 15%. This describes what the price implies — it is not a forecast, and not a view on whether the price is right.
Opinions from 19 analysts covering this company, as of . Their views, not this site's.
Of 19 analysts publishing on this company, 5 say strong buy, 11 say buy and 3 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 1.9% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 39.6x — a high multiple relative to the current trailing profit.
Nothing unusual. Its accounting patterns look like those of companies that report earnings straightforwardly.
| 8.0% |
| 18.4% |
| 36.76x |
| 7.05x |
| CSCOCISCO SYSTEMS, INC. | 9.0/10 | 7/9 | 11.8% | 21.0% | 31.20x | 1.58x |
|---|
| ANETArista Networks, Inc. | 10.0/10 | 5/8 | 28.6% | 39.0% | 61.21x | 0.57x |
|---|
| FFIVF5, INC. | 8.7/10 | 7/8 | 9.7% | 22.4% | 37.50x | 0.76x |
|---|
| Median of peers | 9.0/10 | — | 11.8% | 22.4% | 37.50x | 0.76x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Sold on the open market — 2,400 shares at $487.14 ($1.2M)
Holds 78,468 shares after this filing.
Sold on the open market — 4,650 shares at $486.10 ($2.3M)
Holds 73,818 shares after this filing.
Sold on the open market — 1,600 shares at $485.16 ($776.3K)
Holds 72,218 shares after this filing.
Sold on the open market — 5,570 shares at $483.68 ($2.7M)
Holds 66,648 shares after this filing.
Had shares withheld to cover taxes — 38 shares at $472.23 ($17.8K)
Holds 1,245 shares after this filing.
Exercised stock options — 152 shares at $216.21 ($32.9K)
Holds 1,620 shares after this filing.
Exercised stock options — 317 shares at $222.30 ($70.5K)
Holds 1,937 shares after this filing.
Exercised stock options — 349 shares at $244.17 ($85.2K)
Holds 2,286 shares after this filing.
Sold on the open market — 818 shares at $476.80 ($390.0K)
Holds 1,468 shares after this filing.
Sold on the open market — 19 shares at $477.29 ($9.2K)
Holds 1,449 shares after this filing.
Sold on the open market — 166 shares at $477.69 ($79.5K)
Holds 1,282 shares after this filing.
Gifted shares — 8,808 shares
Holds 0 shares after this filing.
Gifted shares — 4,404 shares
Holds 17,650 shares after this filing.
Gifted shares — 4,404 shares
Holds 18,747 shares after this filing.
Sold on the open market — 685 shares at $469.51 ($321.6K)
Holds 3,210 shares after this filing.
Exercised stock options — 635 shares at $265.18 ($168.4K)
Holds 1,998 shares after this filing.
Exercised stock options — 427 shares at $414.12 ($176.8K)
Holds 2,425 shares after this filing.
Sold on the open market — 1,062 shares at $469.69 ($498.8K)
Holds 1,363 shares after this filing.
Sold on the open market — 637 shares at $470.02 ($299.6K)
Holds 726 shares after this filing.
Sold on the open market — 54 shares at $468.22 ($25.3K)
Holds 672 shares after this filing.
Sold on the open market — 1 shares at $470.04 ($333.72)
Holds 671 shares after this filing.
Was granted or awarded shares — 66 shares at $422.66 ($27.9K)
Holds 1,052 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 14,220 shares ($6.9M) on or after .
Shares originally obtained via Stock Option Exercise.
Filed notice to sell 1,005 shares ($479.3K) on or after .
Shares originally obtained via Stock Option Exercise.
Filed notice to sell 685 shares ($321.6K) on or after .
Shares originally obtained via Restricted Stock.
Filed notice to sell 1,757 shares ($36.0M) on or after .
Shares originally obtained via Stock Option Exercise.
Estimated from how often this has happened before, not a confirmed date.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Quarterly report for Q2 FY2026
Revenue +13.3% · Cash -77.9% · Gross profit +18.8% — against Q2 FY2025
Published results
Read the filingHeld a shareholder vote
Read the filingQuarterly report for Q1 FY2026
Revenue +7.4% · Operating margin −3.7 pts · Long-term debt +48.2% — against Q1 FY2025
Read the filingPublished results
Read the filingProxy statement for a shareholder meeting
Read the filingHad a director or senior officer leave or join
Read the filingAnnual report for FY2025
Revenue +8.0% · Profit margin +3.9 pts · Long-term debt +48.2% — against FY2024
Read the filingPublished results
Read the filingHad a director or senior officer leave or join
Read the filingQuarterly report for Q3 FY2025
Revenue +7.8% · Profit margin −1.5 pts · Long-term debt +48.2% — against Q3 FY2024
Read the filingPublished results
Read the filingQuarterly report for Q2 FY2025
Revenue +5.2% · Profit margin +1.7 pts · Cash +132.2% — against Q2 FY2024
Read the filingPublished results
Read the filingCompleted an acquisition or disposal · Took on a direct financial obligation · Made a Regulation FD disclosure
Read the filingSigned a material agreement
Read the filingReported another event
Read the filingSigned a material agreement · Sold shares outside a public offering · Made a Regulation FD disclosure
Read the filingThe first 40 of 46. The rest are in the exhibit.
Source: Exhibit 21 of the 10-K filed 2026-02-12. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
Coverage from the last 30 days
MCM Unveils Next Generation of Its Intelligent Operational Readiness Platform at IACP 2026
Yahoo ·
How Risky Is Ondas Stock?
Yahoo ·
Has Buying Axon Stock's Dips Paid Off?
Yahoo ·
Motorola Solutions to Issue Third-Quarter 2026 Earnings Results on November 4
Yahoo ·
What Makes Motorola (MSI) a Strong Bet?
Yahoo ·
Can Ericsson's Latest 6G Milestone Strengthen Its Growth Outlook?
Yahoo ·
S&P 500 Top Movers Today: HONA Tops Gainers, TWLO Tops Decliners
ChartMill ·
Are Computer and Technology Stocks Lagging DigitalOcean (DOCN) This Year?
Yahoo ·
11% Undervalued Motorola Solutions (MSI) Following Nokia Value Comparison?
Yahoo ·
Motorola Solutions (MSI) Stock Looks Overvalued Against Its Fair Value
Yahoo ·
What Needs To Be True To Buy Ondas Stock Now?
Yahoo ·
NOK or MSI: Which Is the Better Value Stock Right Now?
Yahoo ·
Primary sources and further research