Motorola Solutions, Inc.【MSI】Income statement

Market cap

$63.8B

P/E ratio

	2010/12	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12
Revenue	19,282	8,203	8,698	8,696	5,881	5,695	6,038	6,380	7,343	7,887	7,414	8,171	9,112	9,978	10,817
Revenue growth (%)	-
Cost of revenue	12,384	4,057	4,350	4,455	3,050	2,976	3,169	3,356	3,863	3,956	3,806	4,131	4,883	5,008	5,305
Gross profit	6,898	4,146	4,348	4,241	2,831	2,719	2,869	3,024	3,480	3,931	3,608	4,040	4,229	4,970	5,512
Gross margin (%)
Research & development	2,530	1,035	1,075	1,055	681	620	553	568	637	687	686	734	779	858	917
Selling, general & administrative	3,367	1,912	1,963	1,838	1,184	1,021	1,000	979	1,254	1,403	1,293	1,353	1,450	1,561	1,752
Operating margin (%)
Operating income	789	858	1,256	1,215	-1,006	994	1,067	1,282	1,255	1,581	1,383	1,667	1,661	2,294	2,688
Income before tax	677	738	1,215	1,145	-1,161	917	844	1,076	1,102	1,001	1,174	1,552	1,515	2,146	1,972
Pretax margin (%)	3.5	9	14	13.2	-19.7	16.1	14	16.9	15	12.7	15.8	19	16.6	21.5	18.2
Provision for income taxes	406	-3	337	40	-465	274	282	1,227	133	130	221	302	148	432	390
Effective tax rate (%)
Net income	650	1,158	881	1,105	1,300	613	562	-151	969	871	953	1,250	1,367	1,714	1,582
Net income margin (%)
Earnings per share	1.9	3.47	3.01	4.13	5.29	3.06	3.3	-0.95	-	5.21	5.58	7.36	8.14	10.23	9.45
Diluted EPS	1.87	3.41	2.96	4.06	5.29	3.02	3.24	-0.95	-	4.95	5.45	7.17	7.93	9.93	9.23
Dividend payout ratio (%)	-								-
Dividend per share	-	0.22	0.96	1.14	1.3	1.43	1.7	1.93	2.13	2.35	2.63	2.92	3.25	3.62	4.03
EBITDA
EBITDA margin (%)