Stock Analysis on Net

Motorola Solutions Inc. (NYSE:MSI)

This company has been moved to the archive! The financial data has not been updated since August 1, 2024.

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Motorola Solutions Inc., profitability ratios (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 31, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 31, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019
Return on Sales
Gross profit margin 50.53% 50.18% 49.81% 49.47% 47.82% 47.05% 46.41% 46.54% 48.17% 48.70% 49.44% 49.27% 49.04% 48.87% 48.66% 48.98% 49.46% 50.03% 49.84%
Operating profit margin 24.37% 23.68% 22.99% 22.84% 20.52% 19.39% 18.23% 17.40% 18.87% 19.40% 20.40% 20.59% 19.96% 18.88% 18.65% 18.88% 19.36% 20.43% 20.05%
Net profit margin 14.05% 13.65% 17.13% 17.30% 15.71% 14.63% 14.96% 13.47% 14.22% 15.30% 15.24% 15.46% 14.64% 13.22% 12.80% 10.38% 11.02% 11.59% 11.01%
Return on Investment
Return on equity (ROE) 182.54% 267.18% 236.05% 470.17% 450.15% 587.18% 1,175.00%
Return on assets (ROA) 10.97% 10.45% 12.81% 13.69% 12.38% 11.12% 10.64% 10.11% 10.31% 10.89% 10.21% 11.00% 10.37% 9.56% 8.73% 7.53% 8.12% 8.53% 8.16%

Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Motorola Solutions Inc. gross profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Motorola Solutions Inc. operating profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Motorola Solutions Inc. net profit margin ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Motorola Solutions Inc. ROE improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024.
ROA A profitability ratio calculated as net income divided by total assets. Motorola Solutions Inc. ROA deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024.

Gross Profit Margin

Motorola Solutions Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 31, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 31, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019
Selected Financial Data (US$ in millions)
Gross margin 1,339 1,192 1,455 1,280 1,189 1,046 1,351 1,031 990 857 1,183 1,045 952 860 1,146 909 766 787 1,220 1,007 931 773
Net sales 2,628 2,389 2,848 2,556 2,403 2,171 2,707 2,373 2,140 1,892 2,320 2,107 1,971 1,773 2,273 1,868 1,618 1,655 2,376 1,994 1,860 1,657
Profitability Ratio
Gross profit margin1 50.53% 50.18% 49.81% 49.47% 47.82% 47.05% 46.41% 46.54% 48.17% 48.70% 49.44% 49.27% 49.04% 48.87% 48.66% 48.98% 49.46% 50.03% 49.84%
Benchmarks
Gross Profit Margin, Competitors2
Apple Inc. 45.59% 45.03% 44.13% 43.45% 43.18% 43.06% 43.31% 43.31% 43.32% 43.02% 41.78% 41.01% 39.88% 38.78% 38.23% 38.19% 38.11% 37.95% 37.82% 37.90% 38.05% 38.21%
Arista Networks Inc. 64.01% 62.94% 61.95% 60.76% 60.18% 60.27% 61.07% 61.82% 62.77% 63.64% 63.80% 63.95% 63.87% 63.72% 63.94% 64.08% 64.12% 64.24% 64.06%
Cisco Systems Inc. 64.22% 63.69% 62.73% 61.99% 61.92% 62.23% 62.55% 63.14% 63.30% 63.73% 64.02% 63.94% 64.17% 64.07% 64.26% 64.41% 63.97% 63.44% 62.94%
Super Micro Computer Inc. 16.39% 17.44% 18.01% 18.23% 17.80% 16.78% 15.40% 14.22% 13.68% 14.18% 15.03% 15.14% 16.03% 15.91% 15.76% 16.22% 15.72% 15.12% 14.16%

Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).

1 Q2 2024 Calculation
Gross profit margin = 100 × (Gross marginQ2 2024 + Gross marginQ1 2024 + Gross marginQ4 2023 + Gross marginQ3 2023) ÷ (Net salesQ2 2024 + Net salesQ1 2024 + Net salesQ4 2023 + Net salesQ3 2023)
= 100 × (1,339 + 1,192 + 1,455 + 1,280) ÷ (2,628 + 2,389 + 2,848 + 2,556) = 50.53%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Motorola Solutions Inc. gross profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Operating Profit Margin

Motorola Solutions Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 31, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 31, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019
Selected Financial Data (US$ in millions)
Operating earnings 644 519 738 639 518 399 691 373 358 239 548 451 370 298 554 352 218 259 590 413 349 229
Net sales 2,628 2,389 2,848 2,556 2,403 2,171 2,707 2,373 2,140 1,892 2,320 2,107 1,971 1,773 2,273 1,868 1,618 1,655 2,376 1,994 1,860 1,657
Profitability Ratio
Operating profit margin1 24.37% 23.68% 22.99% 22.84% 20.52% 19.39% 18.23% 17.40% 18.87% 19.40% 20.40% 20.59% 19.96% 18.88% 18.65% 18.88% 19.36% 20.43% 20.05%
Benchmarks
Operating Profit Margin, Competitors2
Apple Inc. 30.98% 30.76% 29.82% 29.23% 29.16% 29.41% 30.29% 30.53% 30.93% 30.90% 29.78% 28.79% 27.32% 25.24% 24.15% 24.52% 24.48% 24.71% 24.57% 24.87% 25.34% 25.98%
Arista Networks Inc. 41.23% 40.01% 38.52% 37.29% 36.12% 35.71% 34.86% 33.69% 32.55% 31.56% 31.37% 30.79% 30.76% 30.72% 30.19% 30.66% 31.77% 32.55% 33.42%
Cisco Systems Inc. 27.21% 27.17% 26.37% 25.89% 26.10% 26.91% 27.09% 27.36% 27.09% 26.98% 25.76% 25.60% 25.93% 26.23% 27.63% 27.81% 27.47% 26.91% 27.39%
Super Micro Computer Inc. 9.40% 9.65% 10.68% 10.64% 10.39% 8.75% 6.45% 4.52% 3.27% 3.20% 3.48% 2.79% 2.85% 2.52% 2.57% 3.23% 3.17% 3.05% 2.78%

Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).

1 Q2 2024 Calculation
Operating profit margin = 100 × (Operating earningsQ2 2024 + Operating earningsQ1 2024 + Operating earningsQ4 2023 + Operating earningsQ3 2023) ÷ (Net salesQ2 2024 + Net salesQ1 2024 + Net salesQ4 2023 + Net salesQ3 2023)
= 100 × (644 + 519 + 738 + 639) ÷ (2,628 + 2,389 + 2,848 + 2,556) = 24.37%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Motorola Solutions Inc. operating profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Net Profit Margin

Motorola Solutions Inc., net profit margin calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 31, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 31, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019
Selected Financial Data (US$ in millions)
Net earnings (loss) attributable to Motorola Solutions, Inc. 443 (39) 596 464 371 278 589 279 228 267 401 307 293 244 412 205 135 197 243 267 207 151
Net sales 2,628 2,389 2,848 2,556 2,403 2,171 2,707 2,373 2,140 1,892 2,320 2,107 1,971 1,773 2,273 1,868 1,618 1,655 2,376 1,994 1,860 1,657
Profitability Ratio
Net profit margin1 14.05% 13.65% 17.13% 17.30% 15.71% 14.63% 14.96% 13.47% 14.22% 15.30% 15.24% 15.46% 14.64% 13.22% 12.80% 10.38% 11.02% 11.59% 11.01%
Benchmarks
Net Profit Margin, Competitors2
Apple Inc. 26.31% 26.16% 25.31% 24.68% 24.49% 24.56% 25.31% 25.71% 26.41% 26.58% 25.88% 25.00% 23.45% 21.73% 20.91% 21.33% 21.35% 21.49% 21.24% 21.50% 22.12% 22.72%
Arista Networks Inc. 39.01% 37.64% 35.62% 33.97% 32.48% 31.24% 30.87% 29.63% 29.55% 29.54% 28.52% 28.30% 27.72% 27.48% 27.38% 32.06% 33.16% 34.10% 35.67%
Cisco Systems Inc. 23.49% 23.40% 22.13% 20.89% 21.26% 22.00% 22.91% 23.28% 22.94% 22.44% 21.26% 20.92% 21.09% 21.76% 22.75% 21.32% 21.44% 21.15% 22.39%
Super Micro Computer Inc. 7.92% 8.29% 8.98% 8.93% 8.70% 7.38% 5.49% 3.96% 3.00% 2.89% 3.14% 2.69% 2.71% 2.56% 2.52% 2.72% 2.58% 2.37% 2.05%

Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).

1 Q2 2024 Calculation
Net profit margin = 100 × (Net earnings (loss) attributable to Motorola Solutions, Inc.Q2 2024 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q1 2024 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q4 2023 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q3 2023) ÷ (Net salesQ2 2024 + Net salesQ1 2024 + Net salesQ4 2023 + Net salesQ3 2023)
= 100 × (443 + -39 + 596 + 464) ÷ (2,628 + 2,389 + 2,848 + 2,556) = 14.05%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Motorola Solutions Inc. net profit margin ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024.

Return on Equity (ROE)

Motorola Solutions Inc., ROE calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 31, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 31, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019
Selected Financial Data (US$ in millions)
Net earnings (loss) attributable to Motorola Solutions, Inc. 443 (39) 596 464 371 278 589 279 228 267 401 307 293 244 412 205 135 197 243 267 207 151
Total Motorola Solutions, Inc. stockholders’ equity (deficit) 802 521 724 362 337 234 116 (408) (443) (316) (40) (263) (358) (496) (558) (756) (830) (948) (700) (1,101) (970) (1,108)
Profitability Ratio
ROE1 182.54% 267.18% 236.05% 470.17% 450.15% 587.18% 1,175.00%
Benchmarks
ROE, Competitors2
Apple Inc. 135.31% 136.18% 156.08% 157.22% 151.74% 167.77% 196.96% 171.46% 151.24% 139.79% 150.07% 135.04% 110.31% 96.54% 87.87% 80.83% 72.96% 64.25% 61.06% 57.74% 54.01% 50.41%
Arista Networks Inc. 29.20% 29.11% 28.91% 29.22% 29.18% 28.46% 27.68% 26.56% 25.84% 22.46% 21.13% 20.30% 19.70% 19.60% 19.11% 23.10% 24.79% 27.99% 29.71%
Cisco Systems Inc. 29.06% 30.04% 28.44% 27.12% 27.25% 28.56% 29.70% 29.72% 29.94% 26.69% 25.66% 25.41% 25.89% 27.42% 29.57% 30.20% 31.11% 31.95% 34.62%
Super Micro Computer Inc. 23.80% 28.29% 32.45% 33.21% 31.80% 27.33% 20.00% 14.41% 10.53% 9.77% 10.20% 8.65% 8.32% 7.88% 7.91% 8.63% 8.43% 8.12% 7.64%

Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).

1 Q2 2024 Calculation
ROE = 100 × (Net earnings (loss) attributable to Motorola Solutions, Inc.Q2 2024 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q1 2024 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q4 2023 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q3 2023) ÷ Total Motorola Solutions, Inc. stockholders’ equity (deficit)
= 100 × (443 + -39 + 596 + 464) ÷ 802 = 182.54%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Motorola Solutions Inc. ROE improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024.

Return on Assets (ROA)

Motorola Solutions Inc., ROA calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 31, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 31, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019
Selected Financial Data (US$ in millions)
Net earnings (loss) attributable to Motorola Solutions, Inc. 443 (39) 596 464 371 278 589 279 228 267 401 307 293 244 412 205 135 197 243 267 207 151
Total assets 13,345 13,326 13,336 12,436 12,252 12,353 12,814 11,625 11,672 11,649 12,189 11,422 11,131 10,423 10,876 10,361 10,374 10,716 10,642 10,373 9,974 9,993
Profitability Ratio
ROA1 10.97% 10.45% 12.81% 13.69% 12.38% 11.12% 10.64% 10.11% 10.31% 10.89% 10.21% 11.00% 10.37% 9.56% 8.73% 7.53% 8.12% 8.53% 8.16%
Benchmarks
ROA, Competitors2
Apple Inc. 29.75% 28.55% 27.51% 28.28% 28.40% 27.45% 28.29% 29.63% 29.07% 26.38% 26.97% 26.32% 22.63% 18.06% 17.73% 18.41% 17.86% 16.89% 16.32% 17.28% 16.72% 15.90%
Arista Networks Inc. 21.18% 21.69% 20.98% 20.96% 20.88% 20.11% 19.96% 18.90% 17.77% 15.27% 14.66% 14.43% 13.99% 13.82% 13.39% 16.19% 17.36% 19.39% 20.54%
Cisco Systems Inc. 13.29% 13.75% 12.38% 11.76% 11.79% 12.36% 12.57% 12.94% 12.54% 11.87% 10.86% 10.88% 10.60% 11.01% 11.82% 11.80% 12.22% 11.89% 11.88%
Super Micro Computer Inc. 13.55% 14.96% 17.42% 18.39% 18.81% 13.45% 8.90% 5.98% 4.67% 4.56% 4.99% 4.56% 4.67% 4.65% 4.39% 4.57% 4.67% 4.64% 4.27%

Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).

1 Q2 2024 Calculation
ROA = 100 × (Net earnings (loss) attributable to Motorola Solutions, Inc.Q2 2024 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q1 2024 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q4 2023 + Net earnings (loss) attributable to Motorola Solutions, Inc.Q3 2023) ÷ Total assets
= 100 × (443 + -39 + 596 + 464) ÷ 13,345 = 10.97%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Motorola Solutions Inc. ROA deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024.