Financhill
Buy
66

MSI Quote, Financials, Valuation and Earnings

Last price:
$477.87
Seasonality move :
5.68%
Day range:
$468.83 - $473.46
52-week range:
$359.36 - $492.22
Dividend yield:
0.95%
P/E ratio:
36.99x
P/S ratio:
6.82x
P/B ratio:
32.44x
Volume:
920.3K
Avg. volume:
1.2M
1-year change:
10.72%
Market cap:
$78.2B
Revenue:
$11.7B
EPS (TTM):
$12.76
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $8.2B $9.1B $10B $10.8B $11.7B
Revenue Growth (YoY) 10.21% 11.52% 9.5% 8.41% 8%
 
Cost of Revenues $4.4B $5.1B $5.2B $5.4B $5.9B
Gross Profit $3.8B $4B $4.8B $5.4B $5.8B
Gross Profit Margin 46.65% 43.79% 48.11% 49.66% 49.8%
 
R&D Expenses $734M $779M $858M $917M $970M
Selling, General & Admin $1.4B $1.5B $1.6B $1.8B $1.9B
Other Inc / (Exp) $43M -$2M $3M -$490M --
Operating Expenses $2.1B $2.2B $2.4B $2.7B $2.8B
Operating Income $1.7B $1.8B $2.4B $2.7B $3B
 
Net Interest Expenses $215M $240M $249M $296M $365M
EBT. Incl. Unusual Items $1.6B $1.5B $2.1B $2B $2.8B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $302M $148M $432M $390M $652M
Net Income to Company $1.3B $1.4B $1.7B $1.6B $2.2B
 
Minority Interest in Earnings $5M $4M $5M $5M $6M
Net Income to Common Excl Extra Items $1.3B $1.4B $1.7B $1.6B $2.2B
 
Basic EPS (Cont. Ops) $7.36 $8.14 $10.23 $9.45 $12.93
Diluted EPS (Cont. Ops) $7.17 $7.93 $9.93 $9.23 $12.75
Weighted Average Basic Share $169.2M $167.5M $167M $166.8M $166.6M
Weighted Average Diluted Share $173.6M $171.9M $172.1M $170.8M $169M
 
EBITDA $2.2B $2.3B $2.8B $3.1B $3.5B
EBIT $1.7B $1.8B $2.4B $2.7B $3B
 
Revenue (Reported) $8.2B $9.1B $10B $10.8B $11.7B
Operating Income (Reported) $1.7B $1.8B $2.4B $2.7B $3B
Operating Income (Adjusted) $1.7B $1.8B $2.4B $2.7B $3B
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $2.3B $2.7B $2.8B $3B $3.4B
Revenue Growth (YoY) 2.07% 16.64% 5.25% 5.69% 12.29%
 
Cost of Revenues $1.2B $1.4B $1.4B $1.5B $1.7B
Gross Profit $1.1B $1.3B $1.4B $1.5B $1.6B
Gross Profit Margin 48.28% 47.64% 49.72% 50.37% 48.73%
 
R&D Expenses $189M $201M $218M $246M $270M
Selling, General & Admin $368M $381M $424M $487M $499M
Other Inc / (Exp) $10M $13M -$14M $68M --
Operating Expenses $557M $579M $640M $733M $768M
Operating Income $563M $710M $776M $783M $879M
 
Net Interest Expenses $55M $60M $63M $74M $122M
EBT. Incl. Unusual Items $518M $663M $707M $787M $861M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $116M $73M $111M $176M $211M
Net Income to Company $402M $590M $597M $612M $650M
 
Minority Interest in Earnings $1M $1M $1M $1M $1M
Net Income to Common Excl Extra Items $402M $590M $596M $611M $650M
 
Basic EPS (Cont. Ops) $2.38 $3.52 $3.58 $3.66 $3.90
Diluted EPS (Cont. Ops) $2.30 $3.43 $3.47 $3.56 $3.86
Weighted Average Basic Share $168.8M $167.4M $166.1M $167.1M $166.2M
Weighted Average Diluted Share $174.2M $171.9M $171.5M $171.4M $168.1M
 
EBITDA $691M $840M $887M $883M $1B
EBIT $563M $710M $776M $783M $879M
 
Revenue (Reported) $2.3B $2.7B $2.8B $3B $3.4B
Operating Income (Reported) $563M $710M $776M $783M $879M
Operating Income (Adjusted) $563M $710M $776M $783M $879M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $8.2B $9.1B $10B $10.8B $11.7B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $4.4B $5B $5.2B $5.4B $5.9B
Gross Profit $3.8B $4.1B $4.8B $5.4B $5.8B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $733M $777M $858M $918M $971M
Selling, General & Admin $1.4B $1.5B $1.6B $1.8B $1.9B
Other Inc / (Exp) $42M -$12M $2M -$489M --
Operating Expenses $2.1B $2.2B $2.4B $2.7B $2.8B
Operating Income $1.7B $1.9B $2.4B $2.7B $3B
 
Net Interest Expenses $215M $239M $249M $295M $365M
EBT. Incl. Unusual Items $1.6B $1.5B $2.1B $2B $2.8B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $303M $148M $431M $391M $652M
Net Income to Company $1.3B $1.4B $1.7B $1.6B $2.2B
 
Minority Interest in Earnings $4M $4M $5M $5M $7M
Net Income to Common Excl Extra Items $1.2B $1.4B $1.7B $1.6B $2.2B
 
Basic EPS (Cont. Ops) $7.36 $8.14 $10.24 $9.44 $12.93
Diluted EPS (Cont. Ops) $7.17 $7.93 $9.93 $9.22 $12.76
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $2.2B $2.4B $2.8B $3.1B $3.5B
EBIT $1.7B $1.9B $2.4B $2.7B $3B
 
Revenue (Reported) $8.2B $9.1B $10B $10.8B $11.7B
Operating Income (Reported) $1.7B $1.9B $2.4B $2.7B $3B
Operating Income (Adjusted) $1.7B $1.9B $2.4B $2.7B $3B
Period Ending 2022-12-31 2023-12-31 2024-12-31 2025-12-31 2026-12-31
Revenue $9.1B $10B $10.8B $11.7B --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $5B $5.2B $5.4B $5.9B --
Gross Profit $4.1B $4.8B $5.4B $5.8B --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $777M $858M $918M $971M --
Selling, General & Admin $1.5B $1.6B $1.8B $1.9B --
Other Inc / (Exp) -$12M $2M -$489M $46M --
Operating Expenses $2.2B $2.4B $2.7B $2.8B --
Operating Income $1.9B $2.4B $2.7B $3B --
 
Net Interest Expenses $239M $249M $295M $365M --
EBT. Incl. Unusual Items $1.5B $2.1B $2B $2.8B --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $148M $431M $391M $652M --
Net Income to Company $1.4B $1.7B $1.6B $2.2B --
 
Minority Interest in Earnings $4M $5M $5M $7M --
Net Income to Common Excl Extra Items $1.4B $1.7B $1.6B $2.2B --
 
Basic EPS (Cont. Ops) $8.14 $10.24 $9.44 $12.93 --
Diluted EPS (Cont. Ops) $7.93 $9.93 $9.22 $12.76 --
Weighted Average Basic Share $669.8M $667.7M $667.4M $666.5M --
Weighted Average Diluted Share $687.4M $688.4M $678.9M $675.7M --
 
EBITDA $2.4B $2.8B $3.1B $3.5B --
EBIT $1.9B $2.4B $2.7B $3B --
 
Revenue (Reported) $9.1B $10B $10.8B $11.7B --
Operating Income (Reported) $1.9B $2.4B $2.7B $3B --
Operating Income (Adjusted) $1.9B $2.4B $2.7B $3B --
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Cash and Equivalents $1.9B $1.3B $1.7B $2.1B $1.2B
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $2.5B $2.5B $2.9B $3.2B $3.8B
Inventory $788M $1.1B $827M $766M $983M
Prepaid Expenses -- -- -- -- --
Other Current Assets $181M $242M $229M $261M --
Total Current Assets $5.4B $5.2B $5.7B $6.4B $6.2B
 
Property Plant And Equipment $1.4B $1.4B $1.5B $1.6B $1.7B
Long-Term Investments $340M $292M $277M $176M $246M
Goodwill $2.6B $3.3B $3.4B $3.5B --
Other Intangibles $1.1B $1.3B $1.3B $1.2B --
Other Long-Term Assets $69M $16M $74M $72M --
Total Assets $12.2B $12.8B $13.3B $14.6B $19.4B
 
Accounts Payable $851M $1.1B $881M $1B $1.1B
Accrued Expenses $419M $408M $349M $454M --
Current Portion Of Long-Term Debt $5M $1M $1.3B $322M --
Current Portion Of Capital Lease Obligations $124M $118M $125M $127M --
Other Current Liabilities -- -- $1M -- --
Total Current Liabilities $4.1B $4.6B $5.7B $5.1B $6.1B
 
Long-Term Debt $6B $6.4B $5.1B $6.1B $8.9B
Capital Leases -- -- -- -- --
Total Liabilities $12.2B $12.7B $12.6B $12.9B $17B
 
Common Stock $2M $2M $2M $2M $2M
Other Common Equity Adj -$2.4B -$2.5B -$2.5B -$2.5B --
Common Equity -$40M $116M $724M $1.7B $2.4B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $17M $15M $15M $16M $17M
Total Equity -$23M $131M $739M $1.7B $2.4B
 
Total Liabilities and Equity $12.2B $12.8B $13.3B $14.6B $19.4B
Cash and Short Terms $1.9B $1.3B $1.7B $2.1B $1.2B
Total Debt $6B $6.4B $6.4B $6.4B $8.9B
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Cash and Equivalents $1.9B $1.3B $1.7B $2.1B $1.2B
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $2.5B $2.5B $2.9B $3.2B $3.8B
Inventory $788M $1.1B $827M $766M $983M
Prepaid Expenses -- -- -- -- --
Other Current Assets $181M $242M $229M $261M --
Total Current Assets $5.4B $5.2B $5.7B $6.4B $6.2B
 
Property Plant And Equipment $1.4B $1.4B $1.5B $1.6B $1.7B
Long-Term Investments $340M $292M $277M $176M $246M
Goodwill $2.6B $3.3B $3.4B $3.5B --
Other Intangibles $1.1B $1.3B $1.3B $1.2B --
Other Long-Term Assets $69M $16M $74M $72M --
Total Assets $12.2B $12.8B $13.3B $14.6B $19.4B
 
Accounts Payable $851M $1.1B $881M $1B $1.1B
Accrued Expenses $419M $408M $349M $454M --
Current Portion Of Long-Term Debt $5M $1M $1.3B $322M --
Current Portion Of Capital Lease Obligations $124M $118M $125M $127M --
Other Current Liabilities -- -- $1M -- --
Total Current Liabilities $4.1B $4.6B $5.7B $5.1B $6.1B
 
Long-Term Debt $6B $6.4B $5.1B $6.1B $8.9B
Capital Leases -- -- -- -- --
Total Liabilities $12.2B $12.7B $12.6B $12.9B $17B
 
Common Stock $2M $2M $2M $2M $2M
Other Common Equity Adj -$2.4B -$2.5B -$2.5B -$2.5B --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $17M $15M $15M $16M $17M
Total Equity -$23M $131M $739M $1.7B $2.4B
 
Total Liabilities and Equity $12.2B $12.8B $13.3B $14.6B $19.4B
Cash and Short Terms $1.9B $1.3B $1.7B $2.1B $1.2B
Total Debt $6B $6.4B $6.4B $6.4B $8.9B
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders $1.3B $1.4B $1.7B $1.6B $2.2B
Depreciation & Amoritzation $438M $440M $356M $336M $425M
Stock-Based Compensation $129M $172M $212M $243M $293M
Change in Accounts Receivable $3M -$112M -$180M -$246M -$173M
Change in Inventories -$284M -$242M $200M $62M -$145M
Cash From Operations $1.8B $1.8B $2B $2.4B $2.8B
 
Capital Expenditures $243M $256M $253M $257M $265M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$742M -$1.4B -$414M -$507M -$5.2B
 
Dividends Paid (Ex Special Dividend) $482M $530M $589M $654M $728M
Special Dividend Paid
Long-Term Debt Issued $844M $595M -- $1.3B --
Long-Term Debt Repaid -$353M -$285M -$1M -$1.9B --
Repurchase of Common Stock $528M $836M $804M $247M $1.2B
Other Financing Activities -$12M -$6M -$5M -$4M --
Cash From Financing -$429M -$906M -$1.3B -$1.4B $1.3B
 
Beginning Cash (CF) $1.9B $1.3B $1.7B $2.1B $1.2B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $620M -$549M $380M $397M -$937M
Ending Cash (CF) $2.4B $697M $2.1B $2.5B $309M
 
Levered Free Cash Flow $1.6B $1.6B $1.8B $2.1B $2.6B
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders $402M $590M $597M $612M $650M
Depreciation & Amoritzation $113M $109M $85M $86M $143M
Stock-Based Compensation $35M $46M $52M $63M $80M
Change in Accounts Receivable -$186M -$117M -$26M -$125M -$174M
Change in Inventories -$185M $118M $106M $41M -$38M
Cash From Operations $703M $1.3B $1.2B $1.1B $1.3B
 
Capital Expenditures $68M $73M $81M $86M $114M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$217M -$652M -$242M -$107M -$192M
 
Dividends Paid (Ex Special Dividend) $120M $132M $146M $164M $182M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$2M -$2M -- -- --
Repurchase of Common Stock $131M $87M $134M $106M $490M
Other Financing Activities -- -- -- -- --
Cash From Financing -$250M -$202M -$252M -$214M -$802M
 
Beginning Cash (CF) $1.9B $1.3B $1.7B $2.1B $1.2B
Foreign Exchange Rate Adjustment -$15M $84M $44M -$51M $9M
Additions / Reductions $221M $503M $795M $698M $271M
Ending Cash (CF) $2.1B $1.9B $2.5B $2.7B $1.4B
 
Levered Free Cash Flow $635M $1.2B $1.2B $984M $1.1B
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders $1.3B $1.4B $1.7B $1.6B $2.2B
Depreciation & Amoritzation $438M $440M $356M $336M $425M
Stock-Based Compensation $129M $172M $212M $243M $293M
Change in Accounts Receivable $3M -$112M -$180M -$246M -$173M
Change in Inventories -$284M -$242M $200M $62M -$145M
Cash From Operations $1.8B $1.8B $2B $2.4B $2.8B
 
Capital Expenditures $243M $256M $253M $257M $265M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$742M -$1.4B -$414M -$507M -$5.2B
 
Dividends Paid (Ex Special Dividend) $482M $530M $589M $654M $728M
Special Dividend Paid
Long-Term Debt Issued -- -- -- $1.3B --
Long-Term Debt Repaid -$353M -$285M -$1M -$1.9B --
Repurchase of Common Stock $528M $836M $804M $247M $1.2B
Other Financing Activities -$12M -- -$5M -- --
Cash From Financing -$429M -$906M -$1.3B -$1.4B $1.3B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $620M -$549M $380M $397M -$937M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $1.6B $1.6B $1.8B $2.1B $2.6B
Period Ending 2022-12-31 2023-12-31 2024-12-31 2025-12-31 2026-12-31
Net Income to Stockholders $1.4B $1.7B $1.6B $2.2B --
Depreciation & Amoritzation $440M $356M $336M $425M --
Stock-Based Compensation $172M $212M $243M $293M --
Change in Accounts Receivable -$112M -$180M -$246M -$173M --
Change in Inventories -$242M $200M $62M -$145M --
Cash From Operations $1.8B $2B $2.4B $2.8B --
 
Capital Expenditures $256M $253M $257M $265M --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.4B -$414M -$507M -$5.2B --
 
Dividends Paid (Ex Special Dividend) $530M $589M $654M $728M --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $595M -- $1.3B $2B --
Long-Term Debt Repaid -$285M -$1M -$1.9B -$252M --
Repurchase of Common Stock $836M $804M $247M $1.2B --
Other Financing Activities -$6M -$5M -$4M -$9M --
Cash From Financing -$906M -$1.3B -$1.4B $1.3B --
 
Beginning Cash (CF) $3.7B $4.3B $6.4B $6.8B --
Foreign Exchange Rate Adjustment -$79M $45M -$39M $81M --
Additions / Reductions -$549M $380M $397M -$937M --
Ending Cash (CF) $3.1B $4.8B $6.8B $6B --
 
Levered Free Cash Flow $1.6B $1.8B $2.1B $2.6B --

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