MSI Motorola Solutions PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 68
Relative Strength: Rel. Strength: 46
Relative Valuation: Rel. Valuation: 26
Relative Profitability: Rel. Profitability: 87

As of Jul 31, 2026, the Motorola Solutions stock's PE ratio is 34.67. This results from the current EPS of $12.57 and stock price of $435.75. The P/E ratio has an increase of 3.8% from the past four quarters average of 33.4.

MSI PE ratio history

How has MSI's PE ratio performed in the past

The PE ratio of Motorola Solutions has averaged 31.23 over the last ten years. The current PE ratio of 34.67 is 11% above the historical average. Over the past ten years, MSI's PE ratio was at its highest in the Dec 2024 quarter at 48.91, when the stock price was $462.23 and the EPS was $9.45. The lowest value was in the Dec 2018 quarter, when it reached 19.33 with a price of $115.04 and an EPS of $5.95.

Today
35.05
Average
31.23
Median
31.66
Minimum
19.33
Maximum
48.91

Motorola Solutions PE ratio by year

Maximum annual increase: 76.42% in 2015

Maximum annual decrease: -60.08% in 2011

Year PE ratio PE change Price EPS
2025 29.65 -39.38% $383.32 $12.93
2024 48.91 59.78% $462.23 $9.45
2023 30.61 -3.32% $313.09 $10.23
2022 31.66 -14.25% $257.71 $8.14
2021 36.92 21.13% $271.7 $7.36
2020 30.48 -1.45% $170.06 $5.58
2019 30.93 60.01% $161.14 $5.21
2018 19.33 N/A $115.04 $5.95
2017 N/A N/A $90.34 -$0.95
2016 25.12 12.29% $82.89 $3.3
2015 22.37 76.42% $68.45 $3.06
2014 12.68 -22.4% $67.08 $5.29
2013 16.34 -11.39% $67.5 $4.13
2012 18.44 38.23% $55.68 $3.02
2011 13.34 -60.08% $46.29 $3.47

Motorola Solutions PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Apr 2026 34.92 17.77% $438.96 $12.57
Dec 2025 29.65 -17.57% $383.32 $12.93
Sep 2025 35.97 8.93% $456.52 $12.69
Jun 2025 33.02 -6.59% $418.66 $12.68
Mar 2025 35.35 -27.72% $432.99 $12.25
Dec 2024 48.91 2.45% $462.23 $9.45
Sep 2024 47.74 8.45% $446.36 $9.35
Jun 2024 44.02 3.31% $386.05 $8.77
Mar 2024 42.61 39.2% $354.98 $8.33
Dec 2023 30.61 14.34% $313.09 $10.23
Sep 2023 26.77 -17.3% $272.24 $10.17
Jul 2023 32.37 -7.12% $293.28 $9.06
Apr 2023 34.85 10.08% $286.13 $8.21
Dec 2022 31.66 -1.06% $257.71 $8.14
Oct 2022 32 8.77% $223.97 $7

MSI Price vs fair value

How does MSI's price compare to its estimated fair value based on its growth

MSI average PE ratio chart

What is the average PE ratio of MSI for the past years

MSI's current P/E ratio is above the 10-year historical average, but it is below the 3 and 5-year averages.

3-year avg
37.23
5-year avg
35.27
10-year avg
31.23
15-year avg
26.43

PE comparison

Motorola Solutions's P/E of 34.67 is above its peers average but below the Technology sector and the industry average. But compared to its Technology sector average of 34.94, Motorola Solutions's P/E is only 0.8% lower.

MSI PE vs peers

What is MSI's PE ratio compared to its peers

Compared to its peer CSCO, MSI's PE ratio stands lower, however it is higher than QCOM's and HON's. Motorola Solutions's current PE ratio of 34.67 is above the average of its peers, which is 18.66.

Stock name PE ratio Market cap
HON Honeywell International Inc 9.6 $78.82B
HPQ HP Inc 9.98 $24.92B
QCOM Qualcomm Inc 16.3 $150.91B
MSI Motorola Solutions Inc 35.05 $73.14B
CSCO Cisco Systems Inc 38.16 $452.75B

Frequently asked questions

What is Motorola Solutions's PE ratio?

As of Jul 31, 2026, MSI stock has a price to earnings ratio of 34.67.

What is the 3-year average PE ratio for Motorola Solutions (MSI)?

The average PE ratio for MSI stock over the past 3 years is 37.23.

What is the 5-year average PE ratio for Motorola Solutions (MSI)?

The average PE ratio for MSI stock over the past 5 years is 35.27.

What is the highest PE ratio for MSI?

In the last ten years, the Dec 2024 quarter recorded the highest quarterly PE ratio at 48.91.

How does the current PE ratio for MSI compare to its historical average?

MSI's price to earnings ratio is currently 11% above its 10-year historical average.

How is MSI's PE ratio calculated (Motorola Solutions PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 31, 2026), Motorola Solutions's stock price is $435.75. The earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $12.57. Therefore, Motorola Solutions's P/E ratio for today is 34.67. PE RATIO(34.67) = STOCK PRICE($435.75) / TTM EPS($12.57)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.