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MSI Price Correlated With Financials For Motorola Solutions

Free historical financial statements for Motorola Solutions Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 51 quarters since 2010. Compare with MSI stock chart to see long term trends.

MSI Stock Compared to Quarterly

MSI Income Statement

Revenue, Net:2373000000
Revenue Per Share:14.1923
Cost of Goods & Services Sold:1342000000
Gross Profit:1031000000
Selling, General & Admin Expense:378000000
Research & Development Expense:197000000
Operating Income:373000000
Income Taxes:53000000
Net Income:280000000
Earnings Per Share, Basic:1.67
Shares Outstanding, Basic Avg:167203209

MSI Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:108000000
Net Cash from Operations:388000000
Net Cash from Operations Per Share:2.3205
Repurchases/Buybacks Common Stock:94000000
Cash Dividends Paid:132000000
Net Cash from Financing Activities:-140000000
Property, Plant & Equipment Purchases:70000000
Net Cash from Investing Activities:-62000000
Net Change in Cash & Equivalents:105000000

MSI Balance Sheet

Cash and Cash Equivalents:822000000
Accounts Receivable, Net:1368000000
Inventories:1157000000
Total Current Assets:4707000000
Property, Plant & Equipment, Net:866000000
Total Assets:11625000000
Accounts Payable:885000000
Current Portion of Long-Term Debt:1000000
Total Short-Term Liabilities:3768000000
Long Term Debt, Non-Current Portion:6012000000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
19,823,173 sh
-42,383 sh
0%
$4,439,797
$275,977
Blackrock Inc.
14,651,837 sh
599,327 sh
4%
$3,281,573
$336,166
Capital World Investors
12,098,742 sh
388,566 sh
3%
$2,709,755
$255,302
State Street Corp
7,158,494 sh
22,604 sh
0%
$1,608,781
$107,619
Macquarie Group Ltd
3,395,859 sh
-208,587 sh
-6%
$760,571
$5,079
Geode Capital Management, LLC
3,332,808 sh
51,272 sh
2%
$745,675
$59,059
Alliancebernstein L.P.
3,041,966 sh
-155,672 sh
-5%
$681,309
$11,084
Price T Rowe Associates Inc /Md/
2,775,220 sh
678,694 sh
32%
$621,567
$182,135
Invesco Ltd.
2,626,923 sh
277,012 sh
12%
$588,353
$95,813
Wellington Management Group Llp
2,534,322 sh
-135,658 sh
-5%
$567,610
$7,982
Neuberger Berman Group LLC
2,412,832 sh
-49,957 sh
-2%
$540,463
$24,220
Amundi
2,159,452 sh
119,291 sh
6%
$509,732
$81,790
JPMorgan Chase & Co
2,052,894 sh
-143,240 sh
-7%
$459,786
-$523
Raymond James & Associates
1,935,994 sh
1,908,294 sh
6889%
$433,620
$433,573
Deutsche Bank Ag\
1,882,047 sh
-45,162 sh
-2%
$421,522
$17,578
Northern Trust Corp
1,863,388 sh
-84,284 sh
-4%
$417,343
-$54,382
Nuveen Asset Management, LLC
1,657,892 sh
264,011 sh
19%
$371,318
$79,161
Bank Of America Corp /De/
1,643,908 sh
62,847 sh
4%
$368,186
$36,795
Bessemer Group Inc
1,583,272 sh
947,497 sh
149%
$354,605
$221,347
Bank Of New York Mellon Corp
1,441,115 sh
-16,664 sh
-1%
$322,766
$17,216
COMPANY PROFILE
Basis of Presentation The condensed consolidated financial statements as of April 2, 2022 and for the three months ended April 2, 2022 and April 3, 2021 include, in the opinion of management, all adjustments (consisting of normal recurring adjustments and reclassifications) necessary to state fairly the Condensed Consolidated Balance Sheets, Statements of Operations, Statements of Comprehensive Income, Statements of Stockholders' Equity (Deficit), and Statements of Cash Flows of Motorola Solutions, Inc. (“Motorola Solutions” or the “Company”) for all periods presented.

The Company operates on a 52-week fiscal year, with each fiscal year ending on December 31. With respect to each fiscal quarter, the Company operates on a 13-week fiscal quarter, with all fiscal quarters ending on a Saturday.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Form 10-K for the year ended December 31, 2021 (the "Form 10-K"). The results of operations for the three months ended April 2, 2022 are not necessarily indicative of the operating results to be expected for the full year.

The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

Business Overview

The Company reports net sales in the following three major products and services (which the Company refers to as “technologies” in this Quarterly Report on Form 10-Q (this “Form 10-Q”)): Land Mobile Radio Communications (“LMR” or “LMR Communications”), Video Security and Access Control, and Command Center Software. In January 2022 the Company renamed one of its three major products and services technologies from LMR Mission Critical Communications to LMR Communications in an effort to more succinctly brand its LMR technology. The change was to the name of the technology only and no financial information was reclassified from previous periods presented or for the quarter ended April 2, 2022.

• LMR Communications: Infrastructure, devices (two-way radio and broadband, including both for public safety and Professional Commercial Radio ("PCR")) and software that enable communications, inclusive of installation and integration, backed by services, to assure availability, security and resiliency.

• Video Security and Access Control: Cameras (fixed, body-worn, in-vehicle), access control, infrastructure, video management, software and artificial intelligence-enabled analytics that enable visibility “on scene” and bring attention to what’s important.

• Command Center Software: Software suite that enables collaboration and seamless information sharing through the public safety workflow from "911 call to case closure."

Recent Acquisitions

Subsequent to quarter end, on May 12, 2022, the Company acquired Videotec S.p.A. ("Videotec"), a global provider of ruggedized video security solutions, for $22 million, net of cash acquired. In addition, the Company issued restricted stock at a fair value of $4 million to certain key employees that will be expensed over a service period of one year. This acquisition extends the Company's breadth of high-performance video products, reinforcing the Company's strategy to be a global leader in video security solutions. The business is a part of both the Products and Systems Integration segment and the Software and Services segment.

Subsequent to quarter end, on April 19, 2022, the Company acqu

Data imported from Motorola Solutions Inc SEC filings. Check original filings before making any investment decision.