Motorola Solutions (MSI)

Technology · Communication Equipment · S&P 500
$456.28 +0.20% on the day Market cap $78.1B 52-week range $359.36 to $494.85 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
10% a year for 10 years

At a market value of $78.1B, Motorola Solutions's free cash flow of $2.6B (fiscal 2025) would need to grow about 10% a year for the stock to be worth today's price. That is close to what the company has delivered over the last 9 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Motorola Solutions's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price10.5% a year
Free cash flow, last 9 years12.5% a year
Revenue, same period7.6% a year
Price to free cash flow30.4x

Fundamental grade

C

Five factors scored 1 to 9 from MSI's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation3
Profitability7
Growth5
Financial health2
Cash efficiency9

Key numbers

P/E (trailing)36.4x
P/E (forward)26.2x
Price / free cash flow30.4x
EV / EBITDA22.5x
Price / sales6.38x
Price / book29.4x
Revenue growth+13.3%
Operating margin24.9%
Net margin17.4%
Return on equity79.9%
Dividend yield1.0%
Debt / equity6.20x

Results from SEC filings

Fiscal years, from Motorola Solutions's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$8.2B$9.1B$10.0B$10.8B$11.7B
Net income$1.2B$1.4B$1.7B$1.6B$2.2B
Free cash flow$1.6B$1.6B$1.8B$2.1B$2.6B
EPS (diluted)$7.17$7.93$9.93$9.23$12.75
Operating margin20.4%18.2%23.0%24.8%25.6%

Where the revenue comes from

Revenue by segments, fiscal 2025.

Products and Systems Integration$7.3B62%
Software and Services$4.4B38%

Superinvestors who own MSI

From each investor's latest 13F filing (what a 13F shows). 7 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Hersh Cohen
ClearBridge Investments
Trimmed $94M0.08%Q2 2026
Cliff Asness
AQR Capital Management
Trimmed $86M0.03%Q2 2026
David Rolfe
Wedgewood Partners
Trimmed $27M5.6%Q2 2026
Joel Greenblatt
Gotham Asset Management
Trimmed $14M0.03%Q2 2026
Dodge & Cox
Dodge & Cox
Trimmed $5M0.00%Q2 2026
Lee Ainslie
Maverick Capital
New position $813,5530.01%Q2 2026
John Rogers
Ariel Investments
Trimmed $287,3810.00%Q2 2026

Insider buying

Open-market purchases by Motorola Solutions's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Jan 23, 2026 Ro Khanna
0$401.60—
Jan 23, 2026 Ro Khanna
0$401.60—

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Motorola Solutions's stock price imply?

At a market value of $78.1B, Motorola Solutions would need its free cash flow to grow about 10% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 12% a year.

Are Motorola Solutions insiders buying the stock?

2 open-market insider purchases of MSI in the last 12 months, from SEC Form 4 filings.

Which superinvestors own Motorola Solutions?

7 of the superinvestors Investingly tracks hold MSI in their latest 13F, including Hersh Cohen, Cliff Asness, David Rolfe.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.