The Tip Desk

Motorola Solutions, Inc.

Company Stats

Market Cap
$73.8B
as of Sep 30, 2026
Enterprise Value
$81.8B
Shares Outstanding
165.3M
Free Float
11.3%

Income Statement

Revenue
$11.7B
Operating Income
$3.0B
Net Income
$2.2B
EBITDA
$3.4B
Revenue Growth, 3Y
8.6%
FCF Margin, 3Y Avg
19.9%
FCF Margin, Worst Year
17.9%

Cash Flow

Free Cash Flow
$2.6B
FCF Yield
3.5%
Owner FCF Yield
3.1%

Balance Sheet

Cash & Equivalents
$1.2B
Total Debt
$9.2B
Net Debt
$8.0B
Net Debt / EBITDA
2.34x
EV / EBITDA
23.97x
Net Debt / EBIT
2.68x

Returns & Capital

Dividends Paid
$728.0M
Dividend Yield
1.0%
Dividend Payout, 3Y Avg
36.6%
Share Repurchases
$1.2B
Buyback Yield, 3Y Avg
1.0%
SBC, 3Y Avg
$249.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$11.7B$2.6B22.0%
FY2024$10.8B$2.1B19.7%
FY2023$10.0B$1.8B17.9%
FY2022$9.1B$1.6B17.2%
FY2021$8.2B$1.6B19.5%

Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage