Motorola Solutions, Inc.

10-K & 10-Q Filings

Motorola Solutions is a global leader in public safety and enterprise security, providing technologies and solutions for communication, video security, and command center software. The company's business strategy focuses on generating value through technologies that help protect people, property, and places by uniting LMR Communications, Video, and Command Center technologies. Motorola Solutions is organized into two segments: Products and Systems Integration, and Software and Services. The former includes LMR Communications, Video, and related services, while the latter offers software and services for LMR Communications, Video, and Command Center. The company's website is motorolasolutions.com, and its stock ticker is MSI.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Apr 01, 20233 mos ending Mar 30, 2024CAGR %YoY %Revenue (+)
$8203.00
8698.00
8696.00
5881.00
5695.00
6038.00
6380.00
7343.00
7887.00
7414.00
8171.00
9112.00
9978.00
2171.00
2389.00
1.65%10.04%Cost of Revenue (-)
$4057.00
4350.00
4455.00
3050.00
2976.00
3169.00
3356.00
3863.00
3956.00
3806.00
4131.00
4883.00
5008.00
1125.00
1197.00
1.77%6.40%Gross Profit (+)
$4146.00
4348.00
4241.00
2831.00
2719.00
2869.00
3024.00
3480.00
3931.00
3608.00
4040.00
4229.00
4970.00
1046.00
1192.00
1.52%13.96%Selling, General & Administrative (-)
$1912.00
1963.00
1838.00
1184.00
1021.00
1000.00
979.00
1254.00
1403.00
1293.00
1353.00
1450.00
1561.00
368.00
397.00
-1.68%7.88%Research & Development (-)
$1035.00
1075.00
1055.00
681.00
620.00
553.00
568.00
637.00
687.00
686.00
734.00
779.00
858.00
210.00
218.00
-1.55%3.81%Operating Expenses (-)
$3288.00
3092.00
3026.00
3837.00
1725.00
1802.00
1742.00
2225.00
2350.00
2225.00
2373.00
2568.00
2676.00
647.00
673.00
-1.70%4.02%Costs & Expenses (Total) (-)
$7345.00
7442.00
7481.00
6887.00
4701.00
4971.00
5098.00
6088.00
6306.00
6031.00
6504.00
7451.00
7684.00
1772.00
1870.00
0.38%5.53%Operating Income/Loss (+)
$858.00
1256.00
1215.00
-1006.00
994.00
1067.00
1282.00
1255.00
1581.00
1383.00
1667.00
1661.00
2294.00
399.00
519.00
8.54%30.08%Non-operating Income/Expense (+)
$-120.00
-41.00
-70.00
-155.00
-77.00
-223.00
-206.00
-153.00
-580.00
-209.00
-115.00
-146.00
-148.00
-41.00
-609.00
-1385.37%Interest Expense (-)
$74.00
66.00
113.00
126.00
173.00
205.00
201.00
222.00
220.00
220.00
208.00
226.00
216.00
54.00
44.00
9.34%-18.52%Earnings before Tax (+)
$738.00
1215.00
1145.00
-1161.00
917.00
844.00
1076.00
1102.00
1001.00
1174.00
1552.00
1515.00
2146.00
358.00
-90.00
9.30%-125.14%Tax Expense (-)
$-3.00
337.00
40.00
-465.00
274.00
282.00
1200.00
133.00
130.00
221.00
302.00
148.00
432.00
79.00
-52.00
-165.82%Income/Loss (Continuing Operations) (+)
$741.00
878.00
1105.00
-696.00
643.00
562.00
-151.00
969.00
871.00
953.00
1250.00
1367.00
1714.00
279.00
-38.00
7.24%-113.62%Income/Loss (Discontinued Operations) (+)
$411.00
3.00
1996.00
-30.00
Profit/Loss (+)
$1152.00
881.00
1105.00
1300.00
613.00
562.00
-151.00
969.00
871.00
953.00
1250.00
1367.00
1714.00
279.00
-38.00
3.37%-113.62%Net Income/Loss (NCI) (-)
$-6.00
6.00
1.00
3.00
2.00
4.00
3.00
3.00
4.00
5.00
4.00
5.00
1.00
1.00
0.00%Net Income/Loss (+)
$1158.00
881.00
1099.00
1299.00
610.00
560.00
-155.00
966.00
868.00
949.00
1245.00
1363.00
1709.00
278.00
-39.00
3.30%-114.03%Net Income/Loss (Common) (+)
$1158.00
881.00
1099.00
1299.00
610.00
560.00
-155.00
966.00
868.00
949.00
1245.00
1363.00
1709.00
278.00
-39.00
3.30%-114.03%EPS (Basic)
$3.47
3.01
4.13
5.29
3.06
3.30
-0.95
5.95
5.21
5.58
7.36
8.14
10.23
1.66
-0.23
9.43%-113.86%EPS (Diluted)
$3.41
2.96
4.06
5.29
3.02
3.24
-0.95
5.62
4.95
5.45
7.17
7.93
9.93
1.61
-0.23
9.32%-114.29%Weighted Avg Shares (Basic)
333.80
292.10
266.00
245.60
199.60
169.60
162.90
162.40
166.60
170.00
169.20
167.50
167.00
167.40
166.30
-5.61%-0.66%Weighted Avg Shares (Diluted)
339.70
297.40
270.50
245.60
201.80
173.10
162.90
172.00
175.60
174.10
173.60
171.90
172.10
172.60
166.30
-5.51%-3.65%Cash
$1881.00
1468.00
3225.00
3954.00
1980.00
1030.00
1268.00
1257.00
1001.00
1254.00
1874.00
1325.00
1705.00
1022.00
1512.00
-0.82%47.95%Receivables
$1866.00
1881.00
1920.00
1409.00
1362.00
1410.00
1523.00
1293.00
1412.00
1390.00
1386.00
1518.00
1710.00
1340.00
1592.00
-0.72%18.81%Inventory
$512.00
513.00
522.00
345.00
296.00
273.00
327.00
1368.00
1493.00
1441.00
1893.00
2029.00
1929.00
2106.00
1967.00
11.69%-6.60%Other Assets (Current)
$4509.00
3539.00
1353.00
1171.00
944.00
755.00
832.00
354.00
272.00
242.00
259.00
383.00
381.00
358.00
450.00
-18.61%25.70%Assets (Current)
$8768.00
7401.00
7020.00
6879.00
4582.00
3468.00
3950.00
4272.00
4178.00
4327.00
5412.00
5255.00
5725.00
4826.00
5521.00
-3.49%14.40%Securities & Long-term Investments
$166.00
144.00
251.00
316.00
268.00
238.00
247.00
169.00
159.00
158.00
209.00
147.00
143.00
144.00
141.00
-1.24%-2.08%Property, Plant & Equipment (Net)
$896.00
839.00
810.00
549.00
487.00
789.00
856.00
895.00
1546.00
1490.00
1424.00
1412.00
1459.00
1399.00
1491.00
4.15%6.58%Goodwill & Intangibles
$1428.00
1510.00
1509.00
383.00
420.00
728.00
1799.00
2744.00
3394.00
3453.00
3670.00
4654.00
4656.00
4589.00
4642.00
10.35%1.15%Other Assets
$2671.00
2785.00
2261.00
2296.00
2630.00
3240.00
1356.00
1329.00
1365.00
1448.00
1474.00
1346.00
1353.00
1395.00
1531.00
-5.51%9.75%Assets (Non-current)
$5161.00
5278.00
4831.00
3544.00
3805.00
4995.00
4258.00
5137.00
6464.00
6549.00
6777.00
7559.00
7611.00
7527.00
7805.00
3.29%3.69%Assets (Total)
$13929.00
12679.00
11851.00
10423.00
8387.00
8463.00
8208.00
9409.00
10642.00
10876.00
12189.00
12814.00
13336.00
12353.00
13326.00
-0.36%7.88%Accounts Payable
$3398.00
3331.00
3216.00
2246.00
2189.00
2664.00
2879.00
1802.00
1974.00
1923.00
2408.00
2700.00
2385.00
2172.00
2423.00
-2.91%11.56%Debt (Current)
$405.00
4.00
4.00
4.00
4.00
4.00
52.00
31.00
16.00
12.00
5.00
1.00
1313.00
1.00
313.00
10.30%31200.00%Other Liabilities (Current)
$12.00
1263.00
1449.00
1554.00
1650.00
1859.00
2038.00
1793.00
1890.00
53.40%5.41%Liabilities (Current)
$3815.00
3335.00
3220.00
2250.00
2193.00
2668.00
2931.00
3096.00
3439.00
3489.00
4063.00
4560.00
5736.00
3966.00
4626.00
3.46%16.64%Debt (Non-current)
$1130.00
1859.00
2457.00
3396.00
4386.00
4392.00
4419.00
5289.00
5610.00
5163.00
5688.00
6013.00
4705.00
6014.00
5994.00
12.62%-0.33%Other Liabilities
$3710.00
4195.00
2485.00
2011.00
1904.00
2355.00
2585.00
2300.00
2276.00
2765.00
2461.00
2110.00
2156.00
2124.00
2169.00
-4.42%2.12%Liabilities (Non-current)
$4840.00
6054.00
4942.00
5407.00
6290.00
6747.00
7004.00
7589.00
7886.00
7928.00
8149.00
8123.00
6861.00
8138.00
8163.00
2.95%0.31%Liabilities (Total)
$8655.00
9389.00
8162.00
7657.00
8483.00
9415.00
9935.00
10685.00
11325.00
11417.00
12212.00
12683.00
12597.00
12104.00
12789.00
3.18%5.66%Retained Earnings
$1016.00
1625.00
2425.00
3410.00
1716.00
1148.00
467.00
1051.00
1239.00
1127.00
1350.00
1343.00
1640.00
1333.00
1399.00
4.07%4.95%AOCI
$-2876.00
-3300.00
-2287.00
-1855.00
-1866.00
-2317.00
-2562.00
-2765.00
-2440.00
-2446.00
-2379.00
-2535.00
-2540.00
-2487.00
-2553.00
-2.65%Shareholder's Equity
$5274.00
3290.00
3689.00
2766.00
-96.00
-952.00
-1727.00
-1276.00
-683.00
-541.00
-23.00
131.00
739.00
249.00
537.00
-15.11%115.66%Liabilities & Equity
$13929.00
12679.00
11851.00
10423.00
8387.00
8463.00
8208.00
9409.00
10642.00
10876.00
12189.00
12814.00
13336.00
12353.00
13326.00
-0.36%7.88%Net Income/Loss
$1152.00
881.00
1105.00
1300.00
613.00
562.00
-151.00
969.00
871.00
953.00
1250.00
1367.00
1714.00
279.00
-38.00
3.37%-113.62%Depreciation & Amortization
$366.00
208.00
228.00
173.00
150.00
295.00
343.00
360.00
394.00
409.00
438.00
440.00
356.00
98.00
83.00
-0.23%-15.31%Increase/Decrease in Working Capital
$582.00
422.00
259.00
1593.00
-61.00
61.00
91.00
446.00
-89.00
-102.00
34.00
-5.00
244.00
428.00
126.00
-6.99%-70.56%Share-based Compensation
$168.00
184.00
153.00
1977.00
78.00
94.00
66.00
73.00
118.00
129.00
129.00
172.00
212.00
55.00
56.00
1.96%1.82%Adjustments to Reconcile Net Income
$-304.00
190.00
-161.00
-1985.00
392.00
603.00
1495.00
106.00
956.00
660.00
587.00
456.00
330.00
-287.00
420.00
246.34%Net Cash (Operating)
$848.00
1068.00
944.00
-685.00
1005.00
1165.00
1346.00
1075.00
1823.00
1613.00
1837.00
1823.00
2044.00
-8.00
382.00
7.61%4875.00%Capital Expenditure
$180.00
131.00
125.00
148.00
172.00
198.00
227.00
197.00
241.00
161.00
237.00
256.00
253.00
54.00
46.00
2.88%-14.81%Net Cash (Investing)
$2426.00
797.00
2010.00
3208.00
-528.00
-1002.00
-448.00
-1266.00
-934.00
-437.00
-742.00
-1387.00
-414.00
-53.00
-47.00
11.32%Increase/Decrease in Debt
$-1219.00
334.00
589.00
910.00
967.00
-13.00
-11.00
767.00
-235.00
-22.00
491.00
310.00
-1.00
-305.00
Increase/Decrease in Equity
$-918.00
-2438.00
-1529.00
-2411.00
-3077.00
-749.00
-401.00
36.00
-201.00
-504.00
-433.00
-680.00
-700.00
-114.00
-44.00
61.40%Interest Expenses
$166.00
109.00
122.00
128.00
163.00
191.00
176.00
204.00
221.00
217.00
207.00
226.00
234.00
47.00
36.00
2.90%-23.40%Dividends Paid
$72.00
270.00
292.00
318.00
277.00
280.00
308.00
338.00
382.00
440.00
487.00
536.00
594.00
149.00
163.00
19.23%9.40%Net Cash (Financing)
$-5528.00
-2305.00
-1207.00
-1715.00
-2382.00
-1042.00
-722.00
220.00
-1144.00
-966.00
-429.00
-906.00
-1295.00
-263.00
-512.00
-94.68%Cash Taxes Paid
$107.00
127.00
246.00
105.00
105.00
66.00
122.00
119.00
138.00
181.00
257.00
307.00
587.00
100.00
26.00
15.24%-74.00%Effect of Exchange Rate
$
62.00
-40.00
-1.00
43.00
-46.00
-79.00
45.00
21.00
-16.00
-176.19%Increase/Decrease in Cash
$-2327.00
-413.00
1757.00
729.00
-1974.00
-950.00
238.00
-11.00
-256.00
253.00
620.00
-549.00
380.00
-303.00
-193.00
36.30%Cash (Beginning)
$4208.00
1881.00
1468.00
3225.00
3954.00
1980.00
1030.00
1268.00
1257.00
1001.00
1254.00
1874.00
1325.00
1325.00
1705.00
-9.18%28.68%Cash (Ending)
$1881.00
1468.00
3225.00
3954.00
1980.00
1030.00
1268.00
1257.00
1001.00
1254.00
1874.00
1325.00
1705.00
1022.00
1512.00
-0.82%47.95%NOPAT
$861.49
1124.71
953.96
-1408.92
880.18
983.56
1136.64
1119.48
1363.04
1169.78
1390.96
1324.41
1666.52
287.55
818.87
5.65%184.78%Gross Margin %
50.54%
49.99%
48.77%
48.14%
47.74%
47.52%
47.40%
47.39%
49.84%
48.66%
49.44%
46.41%
49.81%
48.18%
49.90%
Operating Margin %
10.46%
14.44%
13.97%
-17.11%
17.45%
17.67%
20.09%
17.09%
20.05%
18.65%
20.40%
18.23%
22.99%
18.38%
21.72%
NOPAT Margin %
10.50%
12.93%
10.97%
-23.96%
15.46%
16.29%
17.82%
15.25%
17.28%
15.78%
17.02%
14.53%
16.70%
13.24%
34.28%
Net Margin %
14.12%
10.13%
12.64%
22.09%
10.71%
9.27%
-2.43%
13.16%
11.01%
12.80%
15.24%
14.96%
17.13%
12.81%
-1.63%
Tax Rate %
-0.41%
10.45%
21.48%
-40.05%
11.45%
7.82%
11.34%
10.80%
13.79%
15.42%
16.56%
20.26%
27.35%
27.93%
-57.78%
ROA
6.18%
8.87%
8.05%
-13.52%
10.49%
11.62%
13.85%
11.90%
12.81%
10.76%
11.41%
10.34%
12.50%
2.33%
6.14%
ROE
16.33%
34.19%
25.86%
-50.94%
-916.86%
-103.32%
-65.82%
-87.73%
-199.57%
-216.23%
-6047.64%
1011.00%
225.51%
115.48%
152.49%
ROIC
40.67%
49.29%
39.51%
-137.04%
93.09%
86.29%
50.21%
24.33%
22.97%
20.12%
23.35%
19.21%
22.68%
4.37%
12.48%
Asset Turnover
0.59
0.69
0.73
0.56
0.68
0.71
0.78
0.78
0.74
0.68
0.67
0.71
0.75
0.18
0.18
Inventory Turnover
7.92
8.48
8.53
8.84
10.05
11.61
10.26
2.82
2.65
2.64
2.18
2.41
2.60
0.53
0.61
Equity Multiplier
2.64
3.85
3.21
3.77
-87.36
-8.89
-4.75
-7.37
-15.58
-20.10
-529.96
97.82
18.05
49.61
24.82
Current Ratio
2.30
2.22
2.18
3.06
2.09
1.30
1.35
1.38
1.21
1.24
1.33
1.15
1.00
1.22
1.19
Quick Ratio
0.98
1.00
1.60
2.38
1.52
0.91
0.95
0.82
0.70
0.76
0.80
0.62
0.60
0.60
0.67
Debt/Equity Ratio
0.29
0.57
0.67
1.23
-45.73
-4.62
-2.59
-4.17
-8.24
-9.57
-247.52
45.91
8.14
24.16
11.74
Interest Coverage Ratio
5.17
11.52
9.96
-7.86
6.10
5.59
7.28
6.15
7.15
6.37
8.05
7.35
9.80
8.49
14.42
Working Capital/Sales
-0.03
-0.01
0.01
0.02
0.01
-0.06
-0.06
0.13
0.13
0.12
0.11
0.09
0.12
0.27
0.18
R&D/Sales
0.13
0.12
0.12
0.12
0.11
0.09
0.09
0.09
0.09
0.09
0.09
0.09
0.09
0.10
0.09
Dividend Payout Ratio %
8.36%
24.01%
30.61%
22.57%
31.47%
28.47%
27.10%
30.19%
28.03%
37.61%
35.01%
40.47%
35.64%
51.82%
19.91%
Total Payout
$2375.00
2483.00
1354.00
1947.00
2550.00
1233.00
896.00
-261.00
1039.00
1183.00
636.00
1132.00
1529.00
310.00
548.00
-3.60%76.77%Payout Ratio %
275.69%
220.77%
141.93%
138.19%
289.71%
125.36%
78.83%
-23.31%
76.23%
101.13%
45.72%
85.47%
91.75%
107.81%
66.92%