MSI vs NOC vs TDY Stock Comparison

Motorola Solutions, Northrop Grumman and Teledyne Technologies Prices as of Oct 23, 2026 Peers: Industry group

Head to Head

12 decided of 12

Motorola Solutions leads on 5 of the 12 questions below (Motorola Solutions 5, Teledyne Technologies 4, Northrop Grumman 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMSINOCTDYLeader
Larger companyMarket capitalisation $80.49B $80.39B $29.94B MSI
Cheaper on earningsLower P/E, profitable companies only 37.7x 17.8x 29.2x NOC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.2x 18.1x 24.7x NOC
Faster revenue growthRevenue growth, trailing twelve months +10.3% +6.5% +8.6% MSI
More profitableNet margin, trailing twelve months 17.4% 10.4% 15.8% MSI
Better return on capitalReturn on invested capital 20.3% 12.2% 8.1% MSI
Less leveragedLower net debt / EBITDA 2.3x 1.7x 0.9x TDY
Higher dividend yieldTrailing dividend yield 0.01% 0.02% 0.00% NOC
Better 1-year returnPrice return, last 12 months +8.4% -8.9% +16.6% TDY
Better 5-year returnAnnualised price return, 5 years +14.1%/yr +6.3%/yr +7.0%/yr MSI
Less volatileAnnualised volatility, 1 year 26.2% 28.5% 25.4% TDY
Higher overall scoreMean of the five percentile scores vs peers 55/100 58/100 70/100 TDY

Percentile Scorecard

MSINOCTDY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMSINOCTDY
Valuation 48 #53 of 100 73 #28 of 100 66 #35 of 100
Growth 45 #54 of 97 41 #58 of 97 38 #61 of 97
Profitability 99 #2 of 96 76 #24 of 96 82 #18 of 96
Financial Health 21 #84 of 106 42 #62 of 106 75 #27 of 106
Shareholder Returns 63 #25 of 65 61 #26 of 65 91 #7 of 65
Overall 55 58 70
  • MSI ranked among 107 companies in Aerospace and Defense
  • NOC ranked among 107 companies in Aerospace and Defense
  • TDY ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMSINOCTDYSPY
1 month +4.6%+7.2%+0.7% -1.0%
3 months +15.4%+1.7%-4.5% +2.9%
6 months +10.0%-4.1%-3.6% +6.4%
Year to date +25.7%-3.3%+22.5% +11.4%
1 year +8.4%-8.9%+16.6% +13.1%
3 years +71.3%+15.3%+62.0% +79.4%
3 years, per year +19.7%+4.9%+17.5% +21.5%
5 years +93.2%+35.8%+40.2% +67.7%
5 years, per year +14.1%+6.3%+7.0% +10.9%
10 years +554.7%+155.5%+494.9% +255.2%
10 years, per year +20.7%+9.8%+19.5% +13.5%

Risk

MeasureMSINOCTDYSPY
Volatility, 1Y 26.2%28.5%25.4% 12.7%
Downside volatility, 1Y 27.0%28.2%23.8% 12.7%
Beta vs S&P 500, 1Y 0.12-0.021.08 1.00
Return / volatility, 1Y 0.32-0.310.65 1.03
Max drawdown, 5Y -27.9%-38.4%-32.2% -25.4%
From 52-week high -1.9%-28.2%-9.5% -2.5%
52-week high $491.32$768.02$691.24 $779.14
52-week low $363.83$473.40$484.47 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMSINOCTDY
P/E now vs peer median 37.4xmedian 26.2x 17.3xmedian 26.2x 28.2xmedian 26.2x
P/S now vs peer median 6.5xmedian 2.9x 1.8xmedian 2.9x 4.4xmedian 2.9x
EV/EBITDA now vs peer median 24.5xmedian 14.7x 14.5xmedian 14.7x 18.5xmedian 14.7x
P/FCF now vs peer median 29.8xmedian 24.9x 20.5xmedian 24.9x 25.2xmedian 24.9x
P/B now vs peer median 29.7xmedian 2.4x 4.2xmedian 2.4x 2.6xmedian 2.4x
PEG now vs peer median 2.83median 0.92 17.02median 0.92 -47.50median 0.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMSINOCTDY
Revenue $12.24B $43.59B $6.52B
Gross profit $6.36B $8.73B $2.84B
Operating income $3.05B $4.63B $1.30B
Net income $2.14B $4.52B $1.03B
Free cash flow $2.68B $3.83B $1.15B
R&D $1.02B – $330.60M
EPS (diluted) $12.76 $31.74 $21.90
Cash & equivalents $710.00M $3.74B $562.40M
Total debt $36.50B $58.43B $2.03B
Shares (diluted) 167.20M 142.40M 46.90M
Enterprise value $76.84B $67.84B $28.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMSINOCTDY
P/E 37.4x 17.3x 28.2x
P/FCF 29.8x 20.5x 25.2x
P/Operating cash flow 26.8x 14.9x 22.6x
P/S 6.5x 1.8x 4.4x
P/B 29.7x 4.2x 2.6x
P/Tangible book -303.3x 4.2x 3.1x
EV/EBITDA 24.5x 14.5x 18.5x
EV/EBIT 28.9x 19.3x 23.3x
EV/Revenue 7.2x 2.0x 4.7x
EV/FCF 32.9x 23.3x 26.5x
EV/Operating cash flow 29.6x 16.9x 23.7x
PEG (3Y EPS CAGR) 2.83 17.02 -47.50

Growth

14 metrics
MetricMSINOCTDY
Revenue growth (1Y) 10.3% 6.5% 8.6%
Revenue CAGR (3Y) 8.2% 4.1% 0.5%
Gross profit growth (1Y) 11.7% 9.8% 10.8%
Gross profit CAGR (3Y) 11.3% 3.4% -0.1%
Operating income growth (1Y) 8.9% 6.8% 23.3%
Operating income CAGR (3Y) 15.4% 6.4% 0.0%
Net income growth (1Y) 0.8% 12.5% 25.5%
Net income CAGR (3Y) 12.0% -1.1% -1.3%
EPS growth (1Y) 1.8% 13.3% 27.2%
EPS CAGR (3Y) 13.2% 1.0% -0.6%
Operating cash flow growth (1Y) 13.9% 53.2% 11.9%
Operating cash flow CAGR (3Y) 19.4% 12.5% 26.7%
Free cash flow growth (1Y) 12.3% 108.8% 10.5%
Free cash flow CAGR (3Y) 21.4% 22.3% 29.4%

Profitability

14 metrics
MetricMSINOCTDY
Gross margin 52.0% 20.0% 43.6%
EBITDA margin 29.4% 14.1% 25.3%
Operating margin 24.9% 10.6% 20.0%
Pretax margin 22.6% 12.0% 19.4%
Net margin 17.4% 10.4% 15.8%
FCF margin 21.9% 8.8% 17.6%
Operating cash flow margin 24.3% 12.1% 19.6%
Return on equity 81.5% 24.7% 9.3%
Return on assets 11.2% 8.8% 6.7%
Return on invested capital 20.3% 12.2% 8.1%
Return on capital employed 22.4% 12.2% 9.4%
Asset turnover 0.6x 0.8x 0.4x
Cash conversion (OCF / net income) 1.4x 1.2x 1.2x
Stock comp / revenue 2.9% 0.3% 0.6%

Financial Health

11 metrics
MetricMSINOCTDY
Debt / assets 46.9% 27.5% 13.0%
Debt / equity 3.4x 0.8x 0.2x
Net debt / EBITDA 2.3x 1.7x 0.9x
Debt / FCF 3.4x 3.8x 1.8x
Liabilities / assets 86.0% 64.4% 28.5%
Equity / assets 14.0% 35.6% 71.5%
Interest coverage 6.9x 7.1x 26.9x
Current ratio 1.1x 1.2x 2.3x
Quick ratio 0.8x 1.0x 1.3x
Cash ratio 0.1x 0.3x 0.4x
Altman Z-score 4.28 3.08 5.47

Shareholder Returns

7 metrics
MetricMSINOCTDY
Dividend yield 1.0% 1.7% –
Net buyback yield 1.3% 0.7% 1.6%
Shareholder yield 2.3% 2.4% 1.6%
Payout ratio (earnings) 35.8% 30.2% –
Payout ratio (FCF) 28.6% 35.6% –
Dividend growth (1Y) 10.7% 8.0% –
Dividend CAGR (3Y) 11.0% 7.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMSINOCTDY
Forward P/E 26.2xFY2026 18.1xFY2026 24.7xFY2026
EPS, next fiscal year $18.41FY2026 $30.52FY2026 $25.31FY2026
EPS growth, next FY +19.7%FY2026 +15.9%FY2026 +15.1%FY2026
EPS growth, the year after +10.4% +5.9% +13.2%
Revenue, next fiscal year $12.12BFY2026 $42.94BFY2026 $6.15BFY2026
Revenue growth, next FY +3.8%FY2026 +2.4%FY2026 +0.4%FY2026
Revenue growth, the year after +8.2% +3.7% +5.5%
MSI estimates →NOC estimates →TDY estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMSINOCTDY
Held by institutions 88.3% 83.4% 97.2%
Institutions holding 1,466 1,809 886
Change in shares held, QoQ +3.4% +0.3% +2.7%
Institutions buying 639 840 399
Institutions selling 596 639 327
Buyers to sellers 1.07 1.31 1.22
MSI holders →NOC holders →TDY holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MSINOCTDY
MSI 1.00 0.22 0.22
NOC 0.22 1.00 0.25
TDY 0.22 0.25 1.00

Add a Peer

Largest companies in the same industry
MSI · Defense
+LMTLockheed Martin +GDGeneral Dynamics +LHXL3Harris Technologies +ESLTElbit Systems +LDOSLeidos Holdings +CWCurtiss Wright +CACICaci International +MOG-AMoog
Plot all 204 Defense stocks →

Related Comparisons

MSI vs LMTLockheed Martin MSI vs GDGeneral Dynamics MSI vs LHXL3Harris Technologies MSI vs ESLTElbit Systems

Frequently Asked Questions

Which is bigger, MSI, NOC and TDY?

Motorola Solutions (MSI) is the largest by market capitalisation: Motorola Solutions (MSI) $80.49B, Northrop Grumman (NOC) $80.39B, Teledyne Technologies (TDY) $29.94B.

Which stock is cheaper, MSI, NOC and TDY?

Northrop Grumman (NOC) trades on the lowest price-to-earnings ratio (Motorola Solutions (MSI) 37.7x, Northrop Grumman (NOC) 17.8x, Teledyne Technologies (TDY) 29.2x). On next year's consensus earnings, Northrop Grumman (NOC) is cheapest (Motorola Solutions (MSI) 26.2x, Northrop Grumman (NOC) 18.1x, Teledyne Technologies (TDY) 24.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Motorola Solutions (MSI) grew revenue fastest over the trailing twelve months: Motorola Solutions (MSI) +10.3%, Northrop Grumman (NOC) +6.5%, Teledyne Technologies (TDY) +8.6%.

Which company is more profitable?

Motorola Solutions (MSI) has the highest net margin (Motorola Solutions (MSI) 17.4%, Northrop Grumman (NOC) 10.4%, Teledyne Technologies (TDY) 15.8%). On return on invested capital, Motorola Solutions (MSI) leads (Motorola Solutions (MSI) 20.3%, Northrop Grumman (NOC) 12.2%, Teledyne Technologies (TDY) 8.1%).

Which stock has performed better?

Over the past year Teledyne Technologies (TDY) returned the most: Motorola Solutions (MSI) +8.4%, Northrop Grumman (NOC) -8.9%, Teledyne Technologies (TDY) +16.6%. Over five years, Motorola Solutions (MSI) compounded fastest (Motorola Solutions (MSI) +14.1%/yr, Northrop Grumman (NOC) +6.3%/yr, Teledyne Technologies (TDY) +7.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Northrop Grumman (NOC) has the highest dividend yield: Motorola Solutions (MSI) 0.01%, Northrop Grumman (NOC) 0.02%, Teledyne Technologies (TDY) 0.00%. Teledyne Technologies (TDY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Teledyne Technologies (TDY) has been the steadiest (Motorola Solutions (MSI) 26.2%, Northrop Grumman (NOC) 28.5%, Teledyne Technologies (TDY) 25.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MSI, NOC and TDY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Motorola Solutions (MSI) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.