Motorola Solutions (MSI) valuation
Motorola Solutions P/E ratio history
Motorola Solutions trades at 38.7 times its earnings over the last twelve months and 26.4 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 20.5 (year to Dec 2018) to 50.1 (year to Dec 2024), with a median of 31.5.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $383.32 | $12.75 | 30.1 | 24.0 |
| Dec 31, 2024 | $462.23 | $9.23 | 50.1 | 32.0 |
| Dec 31, 2023 | $313.09 | $9.93 | 31.5 | 25.2 |
| Dec 31, 2022 | $257.71 | $7.93 | 32.5 | 23.6 |
| Dec 31, 2021 | $271.70 | $7.17 | 37.9 | 28.1 |
| Dec 31, 2020 | $170.06 | $5.45 | 31.2 | — |
| Dec 31, 2019 | $161.14 | $4.94 | 32.6 | — |
| Dec 31, 2018 | $115.04 | $5.61 | 20.5 | — |
| Dec 31, 2017 | $90.34 | -$1.08 | n/m | — |
| Dec 31, 2016 | $82.89 | $3.27 | 25.4 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Motorola Solutions valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Motorola SolutionsMSI | $81.6B | 38.7 | 26.4 | 6.7 |
| LumentumLITE | $65.4B | — | 38.5 | 21.7 |
| NokiaNOK | $48.0B | 66.2 | — | 2.1 |
| CienaCIEN | $45.4B | 71.6 | 30.0 | 7.5 |
| Astera LabsALAB | $44.3B | 128.1 | 49.6 | 36.9 |
| CoherentCOHR | $41.1B | 51.1 | 22.4 | 5.8 |
| Arista NetworksANET | $213B | 53.4 | 36.2 | 20.2 |
| Credo TechnologyCRDO | $28.2B | 53.2 | 21.0 | 17.7 |
| F5FFIV | $19.1B | 27.0 | 18.6 | 5.8 |
| Peer median | 53.4 | 30.0 | 12.6 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MSI financials · MSI returns
No forecast, no recommendation. This page describes Motorola Solutions from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.