Motorola Solutions, Inc. - Understand $msi stock

$MSI Market Cap: $83.2 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$10.66B

TTM

Gross Margin

50.83%

TTM

Net Earnings

$1.561B

TTM

Current Assets

$5.808B

Q3 2024

Current Liabilities

$4.665B

Q3 2024

Current Ratio

124.5%

Q3 2024

Total Assets

$13.89B

Q3 2024

Total Liabilities

$12.10B

Q3 2024

Book Value

$1.785B

Q3 2024

Cash

$1.404B

Q3 2024

P/E

53.30

Nov 29, 2024 EST

Free Cash Flow

$2.314B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$9.978B	$9.112B	$8.171B	$7.414B	$7.887B	$7.343B	$6.380B	$6.038B	$5.695B	$5.881B	$6.227B	$6.269B	$5.738B	$7.617B	$6.947B	$30.15B	$36.62B	$42.85B	$35.31B	$29.66B	$23.16B	$23.42B	$26.47B	$32.11B	$33.69B	$31.34B	$29.79B	$27.97B	$27.04B	$22.25B	$16.96B	$13.30B	$11.34B	$10.89B	$9.620B	$8.250B	$6.727B	$5.905B	$5.443B	$5.534B	$4.328B
YoY Change	9.5%	11.52%	10.21%	-6.0%	7.41%	15.09%	5.66%	6.02%	-3.16%	-5.56%	-0.67%	9.25%	-24.67%	9.64%	-76.96%	-17.68%	-14.53%	21.35%	19.04%	28.11%	-1.14%	-11.51%	-17.56%	-4.71%	7.51%	5.19%	6.51%	3.46%	21.54%	31.14%	27.51%	17.3%	4.19%	13.15%	16.61%	22.64%	13.92%	8.49%	-1.64%	27.87%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$9.978B	$9.112B	$8.171B	$7.414B	$7.887B	$7.343B	$6.380B	$6.038B	$5.695B	$5.881B	$6.227B	$6.269B	$5.738B	$7.617B	$6.947B	$30.15B	$36.62B	$42.85B	$35.31B	$29.66B	$23.16B	$23.42B	$26.47B	$32.11B	$33.69B	$31.34B	$29.79B	$27.97B	$27.04B	$22.25B	$16.96B	$13.30B	$11.34B	$10.89B	$9.620B	$8.250B	$6.727B	$5.905B	$5.443B	$5.534B	$4.328B
Cost Of Revenue	$5.008B	$4.883B	$4.131B	$3.806B	$3.956B	$3.863B	$3.356B	$3.169B	$2.976B	$3.050B	$3.118B	$3.075B	$2.811B	$3.805B	$3.470B	$21.75B	$26.67B	$30.12B	$23.88B	$19.70B	$15.65B	$15.67B	$19.67B	$22.40B	$22.41B	$19.40B	$17.28B	$18.99B	$17.55B	$13.76B	$10.35B	$8.508B	$7.245B	$6.882B	$5.905B	$5.040B	$4.071B	$3.656B	$3.406B	$3.206B	$2.593B
Gross Profit	$4.970B	$4.229B	$4.040B	$3.608B	$3.931B	$3.480B	$3.024B	$2.869B	$2.719B	$2.831B	$3.109B	$3.194B	$2.927B	$3.812B	$3.477B	$8.395B	$9.952B	$12.73B	$11.43B	$9.965B	$7.503B	$7.749B	$6.795B	$9.706B	$11.28B	$11.94B	$12.51B	$8.983B	$9.492B	$8.485B	$6.612B	$4.795B	$4.096B	$4.003B	$3.715B	$3.210B	$2.656B	$2.249B	$2.037B	$2.328B	$1.735B
Gross Profit Margin	49.81%	46.41%	49.44%	48.66%	49.84%	47.39%	47.4%	47.52%	47.74%	48.14%	49.93%	50.95%	51.01%	50.05%	50.05%	27.85%	27.17%	29.7%	32.37%	33.59%	32.4%	33.08%	25.67%	30.23%	33.48%	38.11%	41.99%	32.11%	35.11%	38.14%	38.98%	36.04%	36.12%	36.78%	38.62%	38.91%	39.48%	38.09%	37.42%	42.07%	40.09%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$1.548B	$1.450B	$1.353B	$1.293B	$1.403B	$1.254B	$1.025B	$1.044B	$1.021B	$1.184B	$1.330B	$1.472B	$1.422B	$1.874B	$1.662B	$4.330B	$5.092B	$4.504B	$3.628B	$3.508B	$3.285B	$3.991B	$4.369B	$5.031B	$6.187B	$5.807B	$5.160B	$4.715B	$4.642B	$4.381B	$3.776B	$2.838B	$2.468B	$2.414B	$2.289B	$1.957B	$1.665B	$1.437B	$1.475B	$1.475B	$1.113B
YoY Change	6.76%	7.17%	4.64%	-7.84%	11.88%	22.34%	-1.82%	2.25%	-13.77%	-10.98%	-9.65%	3.52%	-24.12%	12.76%	-61.62%	-14.96%	13.06%	24.15%	3.42%	6.79%	-17.69%	-8.65%	-13.16%	-18.68%	6.54%	12.54%	9.44%	1.57%	5.96%	16.02%	33.05%	14.99%	2.24%	5.46%	16.96%	17.54%	15.87%	-2.58%	0.0%	32.52%
% of Gross Profit	31.15%	34.29%	33.49%	35.84%	35.69%	36.03%	33.9%	36.39%	37.55%	41.82%	42.78%	46.09%	48.58%	49.16%	47.8%	51.58%	51.17%	35.39%	31.74%	35.2%	43.78%	51.5%	64.3%	51.83%	54.85%	48.62%	41.24%	52.49%	48.9%	51.63%	57.11%	59.19%	60.25%	60.3%	61.62%	60.97%	62.69%	63.9%	72.41%	63.36%	64.15%
Research & Development	$858.0M	$779.0M	$734.0M	$686.0M	$687.0M	$637.0M	$568.0M	$553.0M	$620.0M	$681.0M	$761.0M	$790.0M	$778.0M	$1.037B	$993.0M	$4.109B	$4.429B	$4.106B	$3.600B	$3.316B	$2.979B	$2.774B	$3.312B	$3.426B	$3.683B	$3.118B	$2.748B
YoY Change	10.14%	6.13%	7.0%	-0.15%	7.85%	12.15%	2.71%	-10.81%	-8.96%	-10.51%	-3.67%	1.54%	-24.98%	4.43%	-75.83%	-7.23%	7.87%	14.06%	8.56%	11.31%	7.39%	-16.24%	-3.33%	-6.98%	18.12%	13.46%
% of Gross Profit	17.26%	18.42%	18.17%	19.01%	17.48%	18.3%	18.78%	19.28%	22.8%	24.06%	24.48%	24.73%	26.58%	27.2%	28.56%	48.95%	44.5%	32.26%	31.5%	33.28%	39.7%	35.8%	48.74%	35.3%	32.65%	26.11%	21.96%
Depreciation & Amortization	$356.0M	$440.0M	$438.0M	$409.0M	$394.0M	$360.0M	$343.0M	$295.0M	$150.0M	$173.0M	$158.0M	$151.0M	$133.0M	$353.0M	$388.0M	$831.0M	$903.0M	$558.0M	$540.0M	$566.0M	$818.0M	$1.014B	$2.552B	$2.527B	$2.371B	$2.331B	$2.339B	$2.316B	$1.931B	$1.547B	$1.196B	$1.029B	$913.0M	$816.0M	$650.0M	$543.0M	$494.0M	$459.0M	$441.0M	$353.0M	$289.0M
YoY Change	-19.09%	0.46%	7.09%	3.81%	9.44%	4.96%	16.27%	96.67%	-13.29%	9.49%	4.64%	13.53%	-62.32%	-9.02%	-53.31%	-7.97%	61.83%	3.33%	-4.59%	-30.81%	-19.33%	-60.27%	0.99%	6.58%	1.72%	-0.34%	0.99%	19.94%	24.82%	29.35%	16.23%	12.71%	11.89%	25.54%	19.71%	9.92%	7.63%	4.08%	24.93%	22.15%
% of Gross Profit	7.16%	10.4%	10.84%	11.34%	10.02%	10.34%	11.34%	10.28%	5.52%	6.11%	5.08%	4.73%	4.54%	9.26%	11.16%	9.9%	9.07%	4.38%	4.72%	5.68%	10.9%	13.09%	37.56%	26.04%	21.02%	19.52%	18.7%	25.78%	20.34%	18.23%	18.09%	21.46%	22.29%	20.38%	17.5%	16.92%	18.6%	20.41%	21.65%	15.16%	16.66%
Operating Expenses	$2.619B	$2.229B	$2.087B	$1.979B	$2.090B	$1.891B	$1.593B	$1.597B	$1.641B	$1.865B	$2.091B	$2.262B	$2.200B	$2.911B	$2.897B	$8.439B	$9.521B	$8.798B	$7.283B	$6.825B	$6.241B	$7.206B	$9.772B	$8.750B	$11.28B	$11.29B	$10.24B	$7.023B	$6.561B	$5.906B	$4.946B	$3.838B	$3.354B	$3.204B	$2.939B	$2.500B	$2.159B	$1.896B	$1.916B	$1.828B	$1.402B
YoY Change	17.5%	6.8%	5.46%	-5.31%	10.52%	18.71%	-0.25%	-2.68%	-12.01%	-10.81%	-7.56%	2.82%	-24.42%	0.48%	-65.67%	-11.36%	8.22%	20.8%	6.71%	9.36%	-13.39%	-26.26%	11.68%	-22.4%	-0.12%	10.28%	45.76%	7.04%	11.09%	19.41%	28.87%	14.43%	4.68%	9.02%	17.56%	15.79%	13.87%	-1.04%	4.81%	30.39%
Operating Profit	$2.351B	$1.661B	$1.667B	$1.383B	$1.581B	$1.255B	$1.284B	$1.048B	$994.0M	-$1.006B	$947.0M	$920.0M	$598.0M	$751.0M	$580.0M	-$2.391B	-$553.0M	$3.929B	$4.146B	$3.140B	$1.262B	$543.0M	-$2.977B	$956.0M	$4.000M	$655.0M	$2.274B	$1.960B	$2.931B	$2.579B	$1.666B	$957.0M	$742.0M	$799.0M	$776.0M	$710.0M	$497.0M	$353.0M	$121.0M	$500.0M	$333.0M
YoY Change	41.54%	-0.36%	20.54%	-12.52%	25.98%	-2.26%	22.52%	5.43%	-198.81%	-206.23%	2.93%	53.85%	-20.37%	29.48%	-124.26%	332.37%	-114.07%	-5.23%	32.04%	148.81%	132.41%	-118.24%	-411.4%	23800.0%	-99.39%	-71.2%	16.02%	-33.13%	13.65%	54.8%	74.09%	28.98%	-7.13%	2.96%	9.3%	42.86%	40.79%	191.74%	-75.8%	50.15%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	-$203.0M	$240.0M	$215.0M	$233.0M	$237.0M	$240.0M	$215.0M	$225.0M	$186.0M	$147.0M	$132.0M	$108.0M	$132.0M	$217.0M	$69.00M	$99.00M	$68.00M	$526.0M	$1.929B	$260.0M	$172.0M	-$310.0M	$1.541B	$1.362B	$1.129B	$45.00M	-$131.0M	-$185.0M	$294.0M	-$142.0M	-$141.0M	-$157.0M	-$129.0M	-$133.0M	-$130.0M	-$98.00M	-$79.00M	-$86.00M	-$76.00M	-$34.00M	-$24.00M
YoY Change	-184.58%	11.63%	-7.73%	-1.69%	-1.25%	11.63%	-4.44%	20.97%	26.53%	11.36%	22.22%	-18.18%	-39.17%	214.49%	-30.3%	45.59%	-87.07%	-72.73%	641.92%	51.16%	-155.48%	-120.12%	13.14%	20.64%	2408.89%	-134.35%	-29.19%	-162.93%	-307.04%	0.71%	-10.19%	21.71%	-3.01%	2.31%	32.65%	24.05%	-8.14%	13.16%	123.53%	41.67%
% of Operating Profit	-8.63%	14.45%	12.9%	16.85%	14.99%	19.12%	16.74%	21.47%	18.71%		13.94%	11.74%	22.07%	28.89%	11.9%			13.39%	46.53%	8.28%	13.63%	-57.09%		142.47%	28225.0%	6.87%	-5.76%	-9.44%	10.03%	-5.51%	-8.46%	-16.41%	-17.39%	-16.65%	-16.75%	-13.8%	-15.9%	-24.36%	-62.81%	-6.8%	-7.21%
Other Income/Expense, Net	$71.00M	-$146.0M	-$115.0M	-$209.0M	-$580.0M	-$153.0M	-$208.0M	-$204.0M	-$77.00M	-$155.0M	-$67.00M	-$39.00M	-$117.0M	-$87.00M	$5.000M	-$242.0M	$177.0M	$19.00M	$40.00M	-$140.0M		$10.00M	-$1.201B	-$72.00M	-$76.00M
YoY Change	-148.63%	26.96%	-44.98%	-63.97%	279.08%	-26.44%	1.96%	164.94%	-50.32%	131.34%	71.79%	-66.67%	34.48%	-1840.0%	-102.07%	-236.72%	831.58%	-52.5%	-128.57%			-100.83%	1568.06%	-5.26%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$2.146B	$1.515B	$1.552B	$1.174B	$1.001B	$1.102B	$1.076B	$844.0M	$725.0M	-$1.355B	$585.0M	$566.0M	$268.0M	$368.0M	$633.0M	-$2.633B	-$376.0M	$4.610B	$6.412B	$3.112B	$1.376B	-$2.071B	-$3.882B	$1.920B	$1.283B	-$1.280B	$1.816B	$1.775B	$3.225B	$2.437B	$1.525B	$800.0M	$613.0M	$666.0M	$646.0M	$612.0M	$418.0M	$267.0M	$45.00M	$466.0M	$309.0M
YoY Change	41.65%	-2.38%	32.2%	17.28%	-9.17%	2.42%	27.49%	16.41%	-153.51%	-331.62%	3.36%	111.19%	-27.17%	-41.86%	-124.04%	600.27%	-108.16%	-28.1%	106.04%	126.16%	-166.44%	-46.65%	-302.19%	49.65%	-200.23%	-170.48%	2.31%	-44.96%	32.33%	59.8%	90.63%	30.51%	-7.96%	3.1%	5.56%	46.41%	56.55%	493.33%	-90.34%	50.81%
Income Tax	$432.0M	$148.0M	$302.0M	$221.0M	$130.0M	$133.0M	$1.227B	$282.0M	$274.0M	-$465.0M	-$59.00M	$211.0M	-$95.00M	$403.0M	$188.0M	$1.607B	-$285.0M	$1.349B	$1.893B	$1.013B	$448.0M	-$721.0M	-$876.0M	$711.0M	$392.0M	-$373.0M	$636.0M	$621.0M	$1.177B	$877.0M	$503.0M	$224.0M	$159.0M	$167.0M	$148.0M	$167.0M	$110.0M	$73.00M	-$27.00M	$79.00M	$65.00M
% Of Pretax Income	20.13%	9.77%	19.46%	18.82%	12.99%	12.07%	114.03%	33.41%	37.79%		-10.09%	37.28%	-35.45%	109.51%	29.7%			29.26%	29.52%	32.55%	32.56%			37.03%	30.55%		35.02%	34.99%	36.5%	35.99%	32.98%	28.0%	25.94%	25.08%	22.91%	27.29%	26.32%	27.34%	-60.0%	16.95%	21.04%
Net Earnings	$1.709B	$1.363B	$1.245B	$949.0M	$868.0M	$966.0M	-$155.0M	$560.0M	$610.0M	$1.299B	$1.099B	$881.0M	$1.158B	$633.0M	-$51.00M	-$4.244B	-$49.00M	$3.661B	$4.578B	$1.532B	$893.0M	-$2.485B	-$3.937B	$1.318B	$891.0M	-$907.0M	$1.180B	$1.154B	$2.048B	$1.560B	$1.022B	$453.0M	$454.0M	$499.0M	$498.0M	$445.0M	$308.0M	$194.0M	$72.00M	$387.0M	$244.0M
YoY Change	25.39%	9.48%	31.19%	9.33%	-10.14%	-723.23%	-127.68%	-8.2%	-53.04%	18.2%	24.74%	-23.92%	82.94%	-1341.18%	-98.8%	8561.22%	-101.34%	-20.03%	198.83%	71.56%	-135.94%	-36.88%	-398.71%	47.92%	-198.24%	-176.86%	2.25%	-43.65%	31.28%	52.64%	125.61%	-0.22%	-9.02%	0.2%	11.91%	44.48%	58.76%	169.44%	-81.4%	58.61%
Net Earnings / Revenue	17.13%	14.96%	15.24%	12.8%	11.01%	13.16%	-2.43%	9.27%	10.71%	22.09%	17.65%	14.05%	20.18%	8.31%	-0.73%	-14.08%	-0.13%	8.54%	12.97%	5.16%	3.86%	-10.61%	-14.87%	4.11%	2.64%	-2.89%	3.96%	4.13%	7.57%	7.01%	6.02%	3.41%	4.0%	4.58%	5.18%	5.39%	4.58%	3.29%	1.32%	6.99%	5.64%
Basic Earnings Per Share	$10.23	$8.14	$7.36	$5.58	$5.21	$5.95	-$0.95	$3.30	$3.06	$5.29	$4.13	$3.02	$3.47	$1.90		-$1.87	-$0.02
Diluted Earnings Per Share	$9.93	$7.93	$7.17	$5.45	$4.95	$5.62	-$0.95	$3.24	$3.02	$5.29	$4.06	$2.96	$3.41	$1.87	-$154.5K	-$1.87	-$0.02	$10.23M	$12.68M	$4.340M	$2.658M	-$7.623M	-$12.46M	$4.093M	$2.829M	-$3.064M	$4.504M	$4.421M	$7.847M	$6.142M	$4.088M	$1.864M	$2.009M	$2.218M	$2.233M	$2.005M	$1.394M	$894.0K	$352.9K	$1.906M	$1.214M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$1.705B	$1.325B	$1.874B	$1.254B	$1.001B	$1.246B	$1.205B	$1.076B	$2.418B	$3.955B	$3.225B	$3.603B	$5.091B	$8.863B	$7.963B	$6.636B	$8.448B	$15.64B	$14.79B	$10.71B	$7.929B	$6.566B	$6.162B	$3.655B	$4.236B	$1.624B	$1.780B	$1.811B	$1.075B	$1.059B	$1.244B	$930.0M	$533.0M	$577.0M	$433.0M	$340.0M	$259.0M	$185.0M	$176.0M	$168.0M	$207.0M
YoY Change	28.68%	-29.3%	49.44%	25.27%	-19.66%	3.4%	11.99%	-55.5%	-38.86%	22.64%	-10.49%	-29.23%	-42.56%	11.3%	20.0%	-21.45%	-45.98%	5.78%	38.07%	35.05%	20.76%	6.56%	68.59%	-13.72%	160.84%	-8.76%	-1.71%	68.47%	1.51%	-14.87%	33.76%	74.48%	-7.63%	33.26%	27.35%	31.27%	40.0%	5.11%	4.76%	-18.84%
Cash & Equivalents	$1.705B	$1.325B	$1.874B	$1.254B	$1.001B	$1.246B	$1.205B	$1.030B	$1.980B	$3.954B	$3.225B	$1.468B	$1.881B	$4.208B	$2.869B	$2.721B	$2.594B	$2.816B	$3.774B	$2.846B	$7.790B	$6.507B	$6.082B	$3.301B	$3.537B	$1.453B	$1.445B	$1.513B	$725.0M	$741.0M	$886.0M	$677.0M	$302.0M	$265.0M	$433.0M	$340.0M	$259.0M	$185.0M	$176.0M	$168.0M	$207.0M
Short-Term Investments							$0.00	$46.00M	$438.0M	$1.000M		$2.135B	$3.210B	$4.655B	$5.094B	$3.915B	$5.854B	$12.82B	$11.01B	$7.862B	$139.0M	$59.00M	$80.00M	$354.0M	$699.0M	$171.0M	$335.0M	$298.0M	$350.0M	$318.0M	$358.0M	$253.0M	$231.0M	$312.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Other Short-Term Assets	$381.0M	$383.0M	$188.0M	$167.0M	$171.0M	$197.0M	$194.0M	$124.0M	$125.0M	$601.0M	$1.567B	$752.0M	$770.0M	$6.107B	$4.127B	$3.919B	$4.333B	$4.664B	$5.163B	$3.336B	$4.006B	$3.262B	$3.648B	$3.896B	$4.015B	$3.105B	$2.513B	$2.253B	$1.826B	$1.775B	$1.129B	$931.0M	$759.0M	$773.0M	$626.0M	$496.0M	$438.0M	$384.0M	$319.0M	$281.0M	$189.0M
YoY Change	-0.52%	103.72%	12.57%	-2.34%	-13.2%	1.55%	56.45%	-0.8%	-79.2%	-61.65%	108.38%	-2.34%	-87.39%	47.98%	5.31%	-9.55%	-7.1%	-9.66%	54.77%	-16.72%	22.81%	-10.58%	-6.37%	-2.96%	29.31%	23.56%	11.54%	23.38%	2.87%	57.22%	21.27%	22.66%	-1.81%	23.48%	26.21%	13.24%	14.06%	20.38%	13.52%	48.68%
Inventory	$827.0M	$1.055B	$788.0M	$508.0M	$447.0M	$356.0M	$876.0M	$768.0M	$670.0M	$762.0M	$752.0M	$929.0M	$814.0M	$521.0M	$1.097B	$2.659B	$2.836B	$3.162B	$2.422B	$2.546B	$2.099B	$2.869B	$2.756B	$5.242B	$3.707B	$3.745B	$4.096B	$3.220B	$3.528B	$2.670B	$1.864B	$1.321B	$1.242B	$1.245B	$1.173B	$1.144B	$909.0M	$819.0M	$801.0M	$937.0M	$679.0M
Prepaid Expenses
Receivables	$2.812B	$2.492B	$2.521B	$2.346B	$2.482B	$2.335B	$1.585B	$1.410B	$1.362B	$1.409B	$1.369B	$2.022B	$2.008B	$1.547B	$2.845B	$3.493B	$5.324B	$7.509B	$5.652B	$4.525B	$3.822B	$4.437B	$4.583B	$7.092B	$5.627B	$5.057B	$4.847B	$4.035B	$4.081B	$3.421B	$2.476B	$2.036B	$1.953B	$1.857B	$1.683B	$1.400B	$1.124B	$851.0M	$813.0M	$817.0M	$655.0M
Other Receivables	$0.00	$0.00	$41.00M	$52.00M	$77.00M	$138.0M	$90.00M	$90.00M	$44.00M	$152.0M	$107.0M	$95.00M	$85.00M	$116.0M	$0.00	$656.0M	$1.281B	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$5.725B	$5.255B	$5.412B	$4.327B	$4.178B	$4.272B	$3.950B	$3.468B	$4.619B	$6.879B	$7.020B	$7.401B	$8.768B	$17.15B	$16.03B	$17.36B	$22.22B	$30.98B	$28.02B	$21.12B	$17.86B	$17.13B	$17.15B	$19.89B	$17.59B	$13.53B	$13.24B	$11.32B	$10.51B	$8.925B	$6.713B	$5.218B	$4.487B	$4.452B	$3.915B	$3.380B	$2.730B	$2.239B	$2.109B	$2.203B	$1.730B
YoY Change	8.94%	-2.9%	25.08%	3.57%	-2.2%	8.15%	13.9%	-24.92%	-32.85%	-2.01%	-5.15%	-15.59%	-48.89%	7.0%	-7.67%	-21.87%	-28.26%	10.54%	32.71%	18.25%	4.21%	-0.09%	-13.76%	13.08%	29.96%	2.23%	16.94%	7.7%	17.76%	32.95%	28.65%	16.29%	0.79%	13.72%	15.83%	23.81%	21.93%	6.16%	-4.27%	27.34%
Property, Plant & Equipment	$1.459B	$1.412B	$1.424B	$1.490B	$1.546B	$895.0M	$856.0M	$789.0M	$487.0M	$549.0M	$610.0M	$839.0M	$896.0M	$922.0M	$1.819B	$2.442B	$2.480B	$2.267B	$2.020B	$2.332B	$2.473B	$6.104B	$8.913B	$11.16B	$9.591B	$10.05B	$9.856B	$9.768B	$9.356B	$7.073B	$5.547B	$4.576B	$4.194B	$3.778B	$3.337B	$2.854B	$2.444B	$2.270B	$2.138B	$1.892B	$1.429B
YoY Change	3.33%	-0.84%	-4.43%	-3.62%	72.74%	4.56%	8.49%	62.01%	-11.29%	-10.0%	-27.29%	-6.36%	-2.82%	-49.31%	-25.51%	-1.53%	9.4%	12.23%	-13.38%	-5.7%	-59.49%	-31.52%	-20.11%	16.33%	-4.56%	1.96%	0.9%	4.4%	32.28%	27.51%	21.22%	9.11%	11.01%	13.22%	16.92%	16.78%	7.67%	6.17%	13.0%	32.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$143.0M	$147.0M	$209.0M	$158.0M	$159.0M	$169.0M	$247.0M	$238.0M	$231.0M	$316.0M	$232.0M	$240.0M	$166.0M	$242.0M	$522.0M	$983.0M	$837.0M	$895.0M	$1.644B	$3.241B	$3.302B	$2.053B	$2.954B	$5.926B	$9.039B	$3.149B	$2.937B	$2.018B	$2.042B	$726.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-2.72%	-29.67%	32.28%	-0.63%	-5.92%	-31.58%	3.78%	3.03%	-26.9%	36.21%	-3.33%	44.58%	-31.4%	-53.64%	-46.9%	17.44%	-6.48%	-45.56%	-49.27%	-1.85%	60.84%	-30.5%	-50.15%	-34.44%	187.04%	7.22%	45.54%	-1.18%	181.27%
Other Assets	$1.353B	$1.346B	$1.350B	$1.343B	$1.217B	$1.168B	$1.245B	$2.330B	$2.452B	$2.151B	$3.543B	$2.416B	$2.375B	$5.333B	$3.681B	$3.206B	$3.446B	$2.251B	$2.454B	$2.631B	$6.818B	$3.873B	$1.736B	$571.0M	$1.050B	$937.0M	$896.0M	$971.0M	$830.0M	$812.0M	$1.238B	$835.0M	$694.0M	$512.0M	$434.0M	$476.0M	$343.0M	$173.0M	$123.0M	$99.00M	$77.00M
YoY Change	0.52%	-0.3%	0.52%	10.35%	4.2%	-6.18%	-46.57%	-4.98%	13.99%	-39.29%	46.65%	1.73%	-55.47%	44.88%	14.82%	-6.96%	53.09%	-8.27%	-6.73%	-61.41%	76.04%	123.1%	204.03%	-45.62%	12.06%	4.58%	-7.72%	16.99%	2.22%	-34.41%	48.26%	20.32%	35.55%	17.97%	-8.82%	38.78%	98.27%	40.65%	24.24%	28.57%
Total Long-Term Assets	$7.611B	$7.559B	$6.777B	$6.549B	$6.464B	$5.137B	$4.258B	$4.995B	$3.727B	$3.544B	$4.831B	$5.278B	$5.161B	$8.423B	$9.571B	$10.51B	$12.59B	$7.618B	$7.780B	$9.807B	$14.19B	$14.02B	$16.25B	$22.46B	$22.90B	$15.20B	$14.04B	$12.76B	$12.23B	$8.611B	$6.785B	$5.411B	$4.888B	$4.290B	$3.771B	$3.330B	$2.787B	$2.443B	$2.261B	$1.991B	$1.506B
YoY Change	0.69%	11.54%	3.48%	1.31%	25.83%	20.64%	-14.75%	34.02%	5.16%	-26.64%	-8.47%	2.27%	-38.73%	-11.99%	-8.9%	-16.55%	65.27%	-2.08%	-20.67%	-30.89%	1.23%	-13.73%	-27.65%	-1.95%	50.71%	8.23%	10.07%	4.33%	42.0%	26.91%	25.39%	10.7%	13.94%	13.76%	13.24%	19.48%	14.08%	8.05%	13.56%	32.2%
Total Assets	$13.34B	$12.81B	$12.19B	$10.88B	$10.64B	$9.409B	$8.208B	$8.463B	$8.346B	$10.42B	$11.85B	$12.68B	$13.93B	$25.58B	$25.60B	$27.87B	$34.81B	$38.59B	$35.80B	$30.92B	$32.05B	$31.15B	$33.40B	$42.34B	$40.49B	$28.73B	$27.28B	$24.08B	$22.74B	$17.54B	$13.50B	$10.63B	$9.375B	$8.742B	$7.686B	$6.710B	$5.517B	$4.682B	$4.370B	$4.194B	$3.236B
YoY Change
Accounts Payable	$881.0M	$1.062B	$851.0M	$612.0M	$618.0M	$592.0M	$593.0M	$553.0M	$518.0M	$540.0M	$583.0M	$705.0M	$677.0M	$731.0M	$1.998B	$3.188B	$4.167B	$5.056B	$4.295B	$3.330B	$2.458B	$2.268B	$2.434B	$3.492B	$3.285B	$2.305B	$2.297B	$2.050B	$2.018B	$1.678B	$1.338B	$1.127B	$897.0M	$889.0M	$789.0M	$650.0M	$546.0M	$411.0M	$375.0M	$436.0M	$340.0M
YoY Change	-17.04%	24.79%	39.05%	-0.97%	4.39%	-0.17%	7.23%	6.76%	-4.07%	-7.38%	-17.3%	4.14%	-7.39%	-63.41%	-37.33%	-23.49%	-17.58%	17.72%	28.98%	35.48%	8.38%	-6.82%	-30.3%	6.3%	42.52%	0.35%	12.05%	1.59%	20.26%	25.41%	18.72%	25.64%	0.9%	12.67%	21.38%	19.05%	32.85%	9.6%	-13.99%	28.24%
Accrued Expenses	$1.504B	$1.638B	$1.005B	$880.0M	$985.0M	$817.0M	$903.0M	$838.0M	$687.0M	$820.0M	$315.0M	$424.0M	$471.0M	$558.0M	$542.0M	$3.564B	$3.760B	$6.197B	$5.445B	$4.952B	$4.196B	$5.507B	$5.711B	$5.439B	$6.047B	$5.270B	$4.998B	$3.643B	$3.350B	$3.323B	$2.496B	$1.771B	$1.314B	$1.164B	$1.078B	$1.003B	$663.0M	$536.0M	$455.0M	$540.0M	$398.0M
YoY Change	-8.18%	62.99%	14.2%	-10.66%	20.56%	-9.52%	7.76%	21.98%	-16.22%	160.32%	-25.71%	-9.98%	-15.59%	2.95%	-84.79%	-5.21%	-39.33%	13.81%	9.96%	18.02%	-23.81%	-3.57%	5.0%	-10.05%	14.74%	5.44%	37.19%	8.75%	0.81%	33.13%	40.94%	34.78%	12.89%	7.98%	7.48%	51.28%	23.69%	17.8%	-15.74%	35.68%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.313B	$1.000M	$5.000M	$12.00M	$16.00M	$31.00M	$52.00M	$4.000M	$4.000M	$4.000M	$4.000M	$4.000M	$405.0M	$605.0M	$536.0M	$92.00M	$332.0M	$1.693B	$448.0M	$717.0M	$869.0M	$1.629B	$870.0M	$6.391B	$2.504B	$2.909B	$1.282B	$1.382B	$1.605B	$916.0M	$555.0M	$437.0M	$852.0M	$995.0M	$787.0M	$1.038B	$573.0M	$307.0M	$291.0M	$111.0M	$8.000M
YoY Change	131200.0%	-80.0%	-58.33%	-25.0%	-48.39%	-40.38%	1200.0%	0.0%	0.0%	0.0%	0.0%	-99.01%	-33.06%	12.87%	482.61%	-72.29%	-80.39%	277.9%	-37.52%	-17.49%	-46.65%	87.24%	-86.39%	155.23%	-13.92%	126.91%	-7.24%	-13.89%	75.22%	65.05%	27.0%	-48.71%	-14.37%	26.43%	-24.18%	81.15%	86.64%	5.5%	162.16%	1287.5%
Total Short-Term Liabilities	$5.736B	$4.560B	$4.063B	$3.489B	$3.439B	$3.096B	$2.931B	$2.668B	$2.193B	$2.250B	$3.220B	$3.335B	$3.815B	$8.710B	$8.261B	$10.62B	$12.50B	$15.43B	$12.59B	$10.60B	$9.381B	$9.810B	$9.698B	$16.26B	$12.91B	$11.44B	$9.055B	$7.995B	$7.793B	$5.917B	$4.389B	$3.335B	$3.063B	$3.048B	$2.654B	$2.691B	$1.863B	$1.371B	$1.185B	$1.202B	$836.0M
YoY Change	25.79%	12.23%	16.45%	1.45%	11.08%	5.63%	9.86%	21.66%	-2.53%	-30.12%	-3.45%	-12.58%	-56.2%	5.44%	-22.21%	-15.04%	-18.96%	22.5%	18.76%	13.03%	-4.37%	1.15%	-40.35%	25.96%	12.81%	26.34%	13.26%	2.59%	31.71%	34.81%	31.6%	8.88%	0.49%	14.85%	-1.37%	44.44%	35.89%	15.7%	-1.41%	43.78%
Long-Term Debt	$4.705B	$6.013B	$5.688B	$5.163B	$5.113B	$5.289B	$4.419B	$4.392B	$4.345B	$3.396B	$2.457B	$1.834B	$1.130B	$2.098B	$3.365B	$4.092B	$3.991B	$2.704B	$3.806B	$4.581B	$7.159B	$7.674B	$8.857B	$4.778B	$3.573B	$2.633B	$2.144B	$1.931B	$1.949B	$1.127B	$1.360B	$1.258B	$954.0M	$792.0M	$755.0M	$343.0M	$344.0M	$334.0M	$705.0M	$531.0M	$262.0M
YoY Change	-21.75%	5.71%	10.17%	0.98%	-3.33%	19.69%	0.61%	1.08%	27.94%	38.22%	33.97%	62.3%	-46.14%	-37.65%	-17.77%	2.53%	47.6%	-28.95%	-16.92%	-36.01%	-6.71%	-13.36%	85.37%	33.73%	35.7%	22.81%	11.03%	-0.92%	72.94%	-17.13%	8.11%	31.87%	20.45%	4.9%	120.12%	-0.29%	2.99%	-52.62%	32.77%	102.67%
Other Long-Term Liabilities	$2.156B	$2.110B	$2.278B	$2.585B	$2.589B	$2.099B	$2.470B	$2.234B	$1.904B	$2.011B	$2.485B	$4.220B	$3.710B	$3.782B	$4.094B	$3.562B	$2.874B	$3.322B	$2.731B	$2.407B	$2.817B	$2.429B	$1.152B	$2.696B	$5.317B	$2.433B	$2.807B	$2.355B	$2.011B	$1.396B	$1.340B	$892.0M	$728.0M	$645.0M	$474.0M	$301.0M	$302.0M	$223.0M	$196.0M	$183.0M	$190.0M
YoY Change	2.18%	-7.37%	-11.88%	-0.15%	23.34%	-15.02%	10.56%	17.33%	-5.32%	-19.07%	-41.11%	13.75%	-1.9%	-7.62%	14.94%	23.94%	-13.49%	21.64%	13.46%	-14.55%	15.97%	110.85%	-57.27%	-49.29%	118.54%	-13.32%	19.19%	17.11%	44.05%	4.18%	50.22%	22.53%	12.87%	36.08%	57.48%	-0.33%	35.43%	13.78%	7.1%	-3.68%
Total Long-Term Liabilities	$6.861B	$8.123B	$7.966B	$7.748B	$7.702B	$7.388B	$6.889B	$6.626B	$6.249B	$5.407B	$4.942B	$6.054B	$4.840B	$5.880B	$7.459B	$7.654B	$6.865B	$6.026B	$6.537B	$6.988B	$9.976B	$10.10B	$10.01B	$7.474B	$8.890B	$5.066B	$4.951B	$4.286B	$3.960B	$2.523B	$2.700B	$2.150B	$1.682B	$1.437B	$1.229B	$644.0M	$646.0M	$557.0M	$901.0M	$714.0M	$452.0M
YoY Change	-15.54%	1.97%	2.81%	0.6%	4.25%	7.24%	3.97%	6.03%	15.57%	9.41%	-18.37%	25.08%	-17.69%	-21.17%	-2.55%	11.49%	13.92%	-7.82%	-6.45%	-29.95%	-1.26%	0.94%	33.92%	-15.93%	75.48%	2.32%	15.52%	8.23%	56.96%	-6.56%	25.58%	27.82%	17.05%	16.92%	90.84%	-0.31%	15.98%	-38.18%	26.19%	57.96%
Total Liabilities	$12.61B	$12.70B	$12.23B	$11.43B	$11.34B	$10.70B	$9.950B	$9.427B	$8.452B	$7.688B	$8.192B	$9.414B	$8.715B	$14.69B	$15.83B	$18.36B	$19.37B	$21.45B	$19.13B	$17.59B	$19.36B	$19.91B	$19.71B	$23.73B	$21.80B	$16.51B	$14.01B	$12.28B	$11.75B	$8.440B	$7.089B	$5.485B	$4.745B	$4.485B	$3.883B	$3.335B	$2.509B	$1.928B	$2.086B	$1.916B	$1.288B
YoY Change	-0.68%	3.84%	6.95%	0.81%	5.98%	7.56%	5.55%	11.54%	9.94%	-6.15%	-12.98%	8.02%	-40.68%	-7.18%	-13.8%	-5.18%	-9.72%	12.14%	8.74%	-9.12%	-2.79%	1.05%	-16.96%	8.88%	32.05%	17.85%	14.05%	4.49%	39.25%	19.06%	29.24%	15.6%	5.8%	15.5%	16.43%	32.92%	30.13%	-7.57%	8.87%	48.76%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2008	2007
Basic Shares Outstanding	167.0M shares	167.5M shares	169.2M shares	170.0M shares	166.6M shares	162.4M shares	162.9M shares	169.6M shares	199.6M shares	245.6M shares	266.0M shares	292.1M shares	333.8M shares	333.3M shares	2.265B shares	2.313B shares
Diluted Shares Outstanding	172.1M shares	171.9M shares	173.6M shares	174.1M shares	175.6M shares	172.0M shares	162.9M shares	173.1M shares	201.8M shares	245.6M shares	270.5M shares	297.4M shares	339.7M shares	338.1M shares	2.265B shares	2.313B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $83.204 Billion

About Motorola Solutions, Inc.

Motorola Solutions, Inc. engages in the provision of communication infrastructure, devices, accessories, software, and services. The company is headquartered in Chicago, Illinois and currently employs 21,000 full-time employees. The firm offers safety and security technologies, which include land mobile radio communications (LMR), video security, and command center. Across technologies, it offers cloud-based and hybrid solutions, cybersecurity services, software and subscriptions services as well as managed and support services. Its segments include Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, video security devices and infrastructure, and the implementation and integration of such systems, devices, and applications. The firm's Software and Services segment provides a range of solution offerings for government, public safety and commercial customers. Its Software includes public safety and enterprise Command Center, unified communications applications, certain mobile video equipment, and video software solutions.

Industry: Radio & Tv Broadcasting & Communications Equipment Peers: Arista Networks, Inc. CALIX, INC CIENA CORP CISCO SYSTEMS, INC. F5, INC. VIAVI SOLUTIONS INC. JUNIPER NETWORKS INC Lumentum Holdings Inc. Ubiquiti Inc.