Motorola Solutions, Inc.

MSINYSETechnology● Active

$406.99

$-3.35(-0.82%)

Market Cap$67.6B

P/E Ratio—

52W High$492.22

52W Low$359.36

Avg Volume1.1M

Open$408.70

Beta0.89

Free Cash Flow Financials Revenue

Motorola Solutions, Inc. (MSI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MSI · free cash flow · updated Jun 8, 2026

Core FCF metrics

MSI · FCF · TTM · margin & CAGR

Free cash flow was $2.57B for FY2025 (fiscal year ending 2025-12-31), up 20.5% year-over-year The FCF margin was 22.0%. Five-year CAGR stands at +13.0%.

FY2025 Free Cash Flow$2.57B▲ +20.5% YoY

Trailing 12M (TTM)$2.49Btrailing 4 quarters sum

FCF Margin22.0%$2.57B ÷ revenue

3-Year CAGR+18.0%FY2022 → FY2025

5-Year CAGR+13.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MSI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.84B(265M)$2.57B▲ +20.5%22.0%

FY2024$2.39B(257M)$2.13B▲ +19.2%19.7%

FY2023$2.04B(253M)$1.79B▲ +14.3%17.9%

FY2022$1.82B(256M)$1.57B▼ 1.7%17.2%

FY2021$1.84B(243M)$1.59B▲ +14.2%19.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MSI · P/FCF · FCF yield · FCF per share

Motorola Solutions, Inc. (MSI) trades at a FCF yield of 3.71% and a price-to-free-cash-flow ratio of 27.2x. FCF per share stands at $14.97, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.71%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$14.97

TTM FCF ÷ Shares Outstanding

Price / FCF

x27.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x30.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MSI · cash flow statement · operating / investing / financing

For FY2025, Motorola Solutions, Inc. generated $2.84B in operating cash flow and spent 265M in capital expenditures, yielding $2.57B in free cash flow.

Operating Activities

+$2.84B

Cash from core business operations

2025-12-31

Investing Activities

−$5.16B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.31B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.84B) − |CapEx| (265M) = FCF ($2.57B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

MSI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Motorola Solutions, Inc.YOU

MSI

$2.57B+20.5%22.0%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Motorola Solutions, Inc. (MSI) reported free cash flow of $2.57B for FY2025 (fiscal year ending 2025-12-31), up 20.5% year-over-year. The FCF margin was 22.0%.

Based on available data, Motorola Solutions, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $2.57B in FY2025. The 5-year CAGR stands at +13.0%.

Motorola Solutions, Inc.'s FCF yield is 3.71% and price-to-FCF ratio is 27.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MSI free cash flow · 8 questions

Motorola Solutions, Inc. free cash flow was $2.57B for FY2025, up 20.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.49B.

MSI free cash flowMSI FCFMSI FCF 2025MSI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Motorola Solutions, Inc. · Motorola Solutions, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026