Motorola Solutions, Inc. (MSI) Stock

Motorola Solutions, Inc. (MSI) is a Technology stock trading at $473.69 (as of 2026-08-20), with a market capitalization of $78.39B and a trailing P/E of 36.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand Motorola Solutions, Inc.: how it makes money

Motorola Solutions provides mission critical communications and analytics, selling communications infrastructure and devices plus system integration, and also delivering software and services for government, public safety, and commercial customers that operate private communications networks.

Profit is driven by the mix of selling Products and Systems Integration (infrastructure, devices, and implementation and integration of systems and applications) and Software and Services (software and services tied to those mission critical communications networks).

Revenue by segment (latest quarter)
P&SI$1.8B
S&S$0.9B

Business quality (Strong): Clear two segment structure (Products and Systems Integration, Software and Services) with segment operating earnings metrics provided, but the segment revenue figures shown here do not perfectly match the single latest total revenue figure.

Valuation: At 32× earnings, MSI trades 37% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • Two segment model linked to private communications networks: The company operates in Products and Systems Integration, plus Software and Services, and serves customers that operate private communications networks.
  • Both hardware and integration plus software and services: Products and Systems Integration includes infrastructure, devices, and implementation and integration of systems, devices, software, and applications, while Software and Services supports ongoing solutions.

Bear case

  • Revenue and earnings depend on complex deployments: System implementation and integration are part of the Products and Systems Integration offering, so execution timing could affect results.
  • Customer demand tied to government, public safety, and commercial priorities: The business is focused on government, public safety, and commercial customers, so changes in their priorities for mission critical communications could impact demand.
Valuation — source: SEC EDGAR (first-party)
Price$473.69
Market Cap$78.39B
P/E Ratio36.7
EV / EBITDA24.5
Price / Book29.16
Price / Sales6.41
FCF Yield3.4%
DCF Value (model)$138.49
DCF Upside vs Price-70.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$11.68B
Net Margin18.4%
Revenue Growth (YoY)13.3%
EPS Growth (YoY)9.1%
FCF Growth (YoY)84.0%
Financial Health — source: SEC EDGAR
Altman Z-Score4.08 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E36.7
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
vs Sector8.3%
vs Industry-6.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($8.50B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryElectronic Equipment
CEOGregory Q. Brown
Employees21,000
CountryUS
IPO Date1980-03-17

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MSI earnings history · MSI institutional & insider holders · MSI KPIs & operating metrics · MSI financials · MSI investor presentations & press releases · MSI SEC filings · MSI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.