Market Summary
USD274.20+2.52
Market Closed0.93%
MSI Stock Price
MSI RSI Chart
MSI Valuation
MSI Price/Sales (Trailing)
MSI Profitability
MSI Fundamentals
MSI Revenue
MSI Earnings
Price Action
52 Week Range
195.18275.83
(Low)(High)
Last 7 days
2.3%
Last 30 days
4.7%
Last 90 days
6.9%
Trailing 12 Months
18.5%
MSI Financial Health
MSI Investor Care
Peers (Alternatives to Motorola Solutions)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CSCO | 207.0B | 53.2B | 4.25% | -5.73% | 18.31 | 3.89 | 3.13% | -4.42% |
ANET | 51.5B | 4.4B | 23.93% | 21.36% | 38.11 | 11.76 | 48.62% | 60.84% |
MSI | 45.9B | 9.1B | 4.74% | 18.45% | 33.7 | 5.04 | 11.52% | 9.48% |
UI | 15.9B | 1.8B | -1.97% | -6.79% | 45.7 | 8.88 | -2.33% | -35.05% |
| MID-CAP | ||||||||
FFIV | 8.4B | 2.7B | -0.92% | -33.60% | 27.83 | 3.09 | 1.62% | -10.71% |
CIEN | 7.3B | 3.8B | 5.26% | -19.67% | 39.55 | 1.89 | 3.69% | -62.64% |
LITE | 3.5B | 1.8B | -5.09% | -48.31% | 122.19 | 1.91 | 7.24% | -92.58% |
VSAT | 2.4B | 3.0B | -1.82% | -35.82% | -18.5 | 0.82 | 18.78% | -488.35% |
| SMALL-CAP | ||||||||
INFN | 1.7B | 1.6B | 9.81% | -13.79% | -21.74 | 1.05 | 10.39% | 55.47% |
COMM | 1.3B | 9.2B | -20.95% | -22.15% | -1 | 0.14 | 7.47% | -178.19% |
ADTN | 1.2B | 1.0B | 6.86% | 8.53% | -603.38 | 1.2 | 82.15% | 76.41% |
NTGR | 508.5M | 932.5M | -2.55% | -28.76% | -7.37 | 0.55 | -20.17% | -239.69% |
CMBM | 484.3M | 296.9M | -14.06% | -23.97% | 23.97 | 1.63 | -11.60% | -46.02% |
Financials for Motorola Solutions
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.4% | 9,112 | 8,725 | 8,459 | 8,290 | 8,171 |
| Gross Profit | 4.1% | 4,229 | 4,061 | 4,075 | 4,037 | 4,040 |
| S&GA Expenses | 0.7% | 1,450 | 1,440 | 1,413 | 1,388 | 1,353 |
| R&D Expenses | 1.8% | 779 | 765 | 751 | 741 | 734 |
| EBITDA | 7.8% | 2,181 | 2,023 | 2,097 | 2,024 | - |
| EBITDA Margin | 3.2% | 0.24* | 0.23* | 0.25* | 0.24* | - |
| Earnings Before Taxes | 10.6% | 1,515 | 1,370 | 1,442 | 1,482 | 1,552 |
| EBT Margin | 5.9% | 0.17* | 0.16* | 0.17* | 0.18* | - |
| Interest Expenses | 8.1% | 226 | 209 | 214 | 201 | 207 |
| Net Income | 16.0% | 1,363 | 1,175 | 1,203 | 1,268 | 1,245 |
| Net Income Margin | 11.1% | 0.15* | 0.13* | 0.14* | 0.15* | - |
| Free Cahsflow | 45.5% | 1,823 | 1,253 | 1,241 | 1,619 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 10.2% | 12,814 | 11,625 | 11,672 | 11,649 | 12,189 |
| Current Assets | 11.6% | 5,255 | 4,707 | 4,411 | 4,280 | 5,412 |
| Cash Equivalents | 61.2% | 1,325 | 822 | 717 | 878 | 1,874 |
| Inventory | -8.8% | 1,055 | 1,157 | 1,071 | 952 | 788 |
| Goodwill | 16.2% | 3,312 | 2,851 | 2,873 | 47.00 | 2,565 |
| Current Liabilities | 21.0% | 4,560 | 3,768 | 3,801 | 3,886 | 4,063 |
| LT Debt, Current | -80.0% | 1.00 | 5.00 | - | - | - |
| LT Debt, Non Current | 0.0% | 6,013 | 6,012 | 6,011 | 5,689 | 5,688 |
| Shareholder's Equity | 390.0% | 116 | -40.00 | - | - | - |
| Retained Earnings | 35.8% | 1,343 | 989 | 936 | 1,002 | 1,350 |
| Additional Paid-In Capital | 5.4% | 1,306 | 1,239 | 1,110 | 1,064 | 987 |
| Accumulated Depreciation | - | 1,876 | - | - | - | - |
| Shares Outstanding | 0% | 168 | 168 | 167 | 168 | 169 |
| Minority Interest | 7.1% | 15.00 | 14.00 | 13.00 | 18.00 | 17.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 45.5% | 1,823 | 1,253 | 1,241 | 1,619 | 1,837 |
| Share Based Compensation | 6.8% | 172 | 161 | 150 | 137 | 129 |
| Cashflow From Investing | -45.7% | -1,387 | -952 | -1,301 | -1,247 | -742 |
| Cashflow From Financing | 5.0% | -906 | -954 | -1,023 | -750 | -429 |
| Dividend Payments | -0.1% | 530 | 531 | 515 | 500 | - |
| Buy Backs | -5.0% | 836 | 880 | 911 | 851 | 528 |
Risks for MSI
What is the probability of a big loss on MSI?
36.9%
Probability that Motorola Solutions stock will be more than 20% underwater in next one year
17.7%
Probability that Motorola Solutions stock will be more than 30% underwater in next one year.
0%
Probability that Motorola Solutions stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MSI drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Motorola Solutions was unfortunately bought at previous high price.
Drawdowns
Returns for MSI
Cumulative Returns on MSI
17.7%
10-Year Cumulative Returns
22.6%
7-Year Cumulative Returns
23.0%
5-Year Cumulative Returns
28.1%
3-Year Cumulative Returns
What are the long-term rolling returns for MSI?
FIve years rolling returns for Motorola Solutions.
Annualized Returns
Which funds bought or sold MSI recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-24 | Freemont Management S.A. | new | - | 11,571,200 | 11,571,200 | 1.81% |
2023-03-23 | ETF MANAGERS GROUP, LLC | added | 4.27 | 127,048 | 762,048 | 0.04% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -1.44 | 1,328,870 | 11,239,800 | 0.09% |
2023-03-17 | American Portfolios Advisors | added | 65.96 | 68,451 | 157,127 | 0.01% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -2.81 | 53,759 | 499,759 | 0.01% |
2023-03-10 | MATHER GROUP, LLC. | new | - | 1,262,840 | 1,262,840 | 0.02% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 2.92 | 52,083,600 | 334,718,000 | 0.36% |
2023-03-06 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | unchanged | - | 47,021 | 360,021 | 0.14% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 4.98 | 269,000 | 1,554,000 | 0.01% |
2023-03-03 | TIAA, FSB | reduced | -6.69 | 59,555 | 862,555 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Motorola Solutions News
Schedule 13G FIlings of Motorola Solutions
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | capital world investors | 8.3% | 13,901,205 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 12.03% | 20,108,198 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.3% | 15,537,336 | SC 13G | |
| Feb 11, 2022 | capital world investors | 6.1% | 10,248,698 | SC 13G | |
| Feb 09, 2022 | vanguard group inc | 10.98% | 18,547,606 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.5% | 14,324,480 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 10.84% | 18,373,703 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 9.4% | 16,004,308 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 11.40% | 19,540,756 | SC 13G/A | |
| Feb 04, 2020 | blackrock inc. | 11.5% | 19,722,185 | SC 13G/A |
MSI Fair Value
Motorola Solutions fair value in different scenarios
The table shows the Fair Value estimates for Motorola Solutions for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 90.38 -67.04% | 127.25 -53.59% | 169.33 -38.25% | 232.20 -15.32% | 281.32 2.60% |
| Current Inflation | 82.99 -69.73% | 114.41 -58.27% | 149.39 -45.52% | 201.85 -26.39% | 242.55 -11.54% |
| Very High Inflation | 73.85 -73.07% | 98.98 -63.90% | 125.99 -54.05% | 166.88 -39.14% | 198.28 -27.69% |
Historical Motorola Solutions Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Motorola Solutions
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 13, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for MSI
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-13 | DUNNING KAREN E | sold (taxes) | -50,430 | 261 | -193 | svp, human resources |
2023-03-13 | NIEWIARA JAMES A | sold (taxes) | -51,091 | 261 | -195 | svp, general counsel |
2023-03-13 | MOLLOY JOHN P | sold (taxes) | -1,018,660 | 261 | -3,900 | evp and coo |
2023-03-13 | SAPTHARISHI MAHESH | sold (taxes) | -46,675 | 261 | -178 | evp and cto |
2023-03-13 | YAZDI CYNTHIA | acquired | - | - | 1,956 | svp, communications & brand |
2023-03-13 | BROWN GREGORY Q | sold (taxes) | -6,523,060 | 261 | -24,978 | chairman and ceo |
2023-03-13 | MAHER KATHERINE A | sold (taxes) | -9,061 | 261 | -34.7 | cvp and cao |
2023-03-13 | BROWN GREGORY Q | acquired | - | - | 21,228 | chairman and ceo |
2023-03-13 | YAZDI CYNTHIA | sold (taxes) | -407,216 | 261 | -1,559 | svp, communications & brand |
2023-03-13 | WINKLER JASON J | sold (taxes) | -49,746 | 261 | -190 | evp and cfo |
Motorola Solutions, Inc. provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce. Its land mobile radio communications and video security and access control devices include two-way portable and vehicle-mounted radios, fixed and mobile video cameras, and accessories; radio network core and central processing software, base stations, consoles, and repeaters; and video analytics, network video management hardware and software, and access control solutions. The Software and Services segment provides repair, technical support, and hardware maintenance services. This segment also offers monitoring, software updates, and cybersecurity services; and public safety and enterprise command center software, unified communications applications, and video software solutions through on-premise and as a service. It serves government, public safety, and commercial customers. The company was formerly known as Motorola, Inc. and changed its name to Motorola Solutions, Inc. in January 2011. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.
MSI Income Statement
2022-12-31Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Net sales | $ 9,112 | $ 8,171 | $ 7,414 |
| Costs of sales | 4,883 | 4,131 | 3,806 |
| Gross margin | 4,229 | 4,040 | 3,608 |
| Selling, general and administrative expenses | 1,450 | 1,353 | 1,293 |
| Research and development expenditures | 779 | 734 | 686 |
| Other charges | 339 | 286 | 246 |
| Operating earnings | 1,661 | 1,667 | 1,383 |
| Other income (expense): | |||
| Interest expense, net | (226) | (208) | (220) |
| Gains (losses) on sales of investments and businesses, net | 3 | 1 | (2) |
| Other, net | 77 | 92 | 13 |
| Total other expense | (146) | (115) | (209) |
| Net earnings before income taxes | 1,515 | 1,552 | 1,174 |
| Income tax expense | 148 | 302 | 221 |
| Net earnings | 1,367 | 1,250 | 953 |
| Less: Earnings attributable to noncontrolling interests | 4 | 5 | 4 |
| Net earnings attributable to Motorola Solutions, Inc. | $ 1,363 | $ 1,245 | $ 949 |
| Earnings per common share: | |||
| Basic (USD per share) | $ 8.14 | $ 7.36 | $ 5.58 |
| Diluted (USD per share) | $ 7.93 | $ 7.17 | $ 5.45 |
| Weighted average common shares outstanding: | |||
| Basic (in shares) | 167.5 | 169.2 | 170.0 |
| Diluted (in shares) | 171.9 | 173.6 | 174.1 |
| Dividends declared per share (USD per share) | $ 3.25 | $ 2.92 | $ 2.63 |
| Product | |||
| Net sales | $ 5,368 | $ 4,606 | $ 4,087 |
| Costs of sales | 2,595 | 2,104 | 1,872 |
| Service | |||
| Net sales | 3,744 | 3,565 | 3,327 |
| Costs of sales | $ 2,288 | $ 2,027 | $ 1,934 |
MSI Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 1,325 | $ 1,874 |
| Accounts receivable, net | 1,518 | 1,386 |
| Contract assets | 974 | 1,105 |
| Inventories, net | 1,055 | 788 |
| Other current assets | 383 | 259 |
| Total current assets | 5,255 | 5,412 |
| Property, plant and equipment, net | 927 | 1,042 |
| Operating lease assets | 485 | 382 |
| Investments | 147 | 209 |
| Deferred income taxes | 1,036 | 916 |
| Goodwill | 3,312 | 2,565 |
| Intangible assets, net | 1,342 | 1,105 |
| Other assets | 310 | 558 |
| Total assets | 12,814 | 12,189 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current portion of long-term debt | 1 | 5 |
| Accounts payable | 1,062 | 851 |
| Contract liabilities | 1,859 | 1,650 |
| Accrued liabilities | 1,638 | 1,557 |
| Total current liabilities | 4,560 | 4,063 |
| Long-term debt | 6,013 | 5,688 |
| Operating lease liabilities | 419 | 313 |
| Other liabilities | 1,691 | 2,148 |
| Preferred stock, $100 par value: 0.5 shares authorized; none issued and outstanding | 0 | 0 |
| Common stock, $0.01 par value; Authorized shares: 600.0; Issued shares: 12/31/22—169.6; 12/31/21—169.6; Outstanding shares: 12/31/22—0.0; 12/31/21—168.7 | 2 | 2 |
| Additional paid-in capital | 1,306 | 987 |
| Retained earnings | 1,343 | 1,350 |
| Accumulated other comprehensive loss | (2,535) | (2,379) |
| Total Motorola Solutions, Inc. stockholders’ equity (deficit) | 116 | (40) |
| Noncontrolling interests | 15 | 17 |
| Total stockholders’ equity (deficit) | 131 | (23) |
| Total liabilities and stockholders’ equity (deficit) | $ 12,814 | $ 12,189 |