Motorola Solutions (MSI) Free Cash Flow (2009 - 2026)
Motorola Solutions (MSI) recorded Free Cash Flow of $589 million in Q3 2026, down 19.5% from $732 million a year earlier but up 42.3% from the prior quarter.
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Analysis
Motorola Solutions (MSI) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Motorola Solutions' Free Cash Flow came in at $2.53 billion as of Oct 3, 2026, up 5.0% year-over-year; for FY2025, it came in at $2.57 billion, up 20.5% from FY2024.
- Annual Free Cash Flow has increased for three straight years, with a five-year compound annual growth rate of 13.0% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $2.13 billion in FY2024 (+19.2%), $1.79 billion in FY2023 (+14.3%), $1.57 billion in FY2022 (-1.7%) and $1.59 billion in FY2021 (+14.2%).
- Quarterly Free Cash Flow has ranged from -$62 million in Q1 2023 to $1.2 billion in Q4 2022 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in five of the last eight quarters, with growth averaging 24.2%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 180.0% in Q2 2024, against a decline of 69.2% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $414 million (Q2 2026), $389 million (Q1 2026) and $1.14 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 334.86 Bn | 293.38 Bn | 5.02 Bn | 1.87 Bn |
| 2 | Rtx | 256.39 Bn | 224.66 Bn | 5.81 Bn | 2.12 Bn |
| 3 | Boeing | 137.52 Bn | 46.48 Bn | 2.17 Bn | 464.00 Mn |
| 4 | Lockheed Martin | 130.55 Bn | 114.79 Bn | 2.44 Bn | 3.00 Bn |
| 5 | General Dynamics | 95.65 Bn | 80.88 Bn | 2.25 Bn | 1.23 Bn |
| 6 | Motorola Solutions | 85.05 Bn | 81.51 Bn | 1.77 Bn | 589.00 Mn |
| 7 | Howmet Aerospace | 81.91 Bn | 77.67 Bn | 1.00 Bn | 562.00 Mn |
| 8 | Northrop Grumman | 74.74 Bn | 62.20 Bn | 2.35 Bn | 1.44 Bn |
| 9 | Honeywell International | 69.91 Bn | 29.43 Bn | 2.02 Bn | 475.00 Mn |
| 10 | TransDigm | 68.72 Bn | 56.73 Bn | 1.63 Bn | 650.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 3, 2026 | 589.00 Mn |
| Jul 4, 2026 | 414.00 Mn |
| Apr 4, 2026 | 389.00 Mn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 27, 2025 | 732.00 Mn |
| Jun 28, 2025 | 225.00 Mn |
| Mar 29, 2025 | 473.00 Mn |
| Dec 31, 2024 | 984.00 Mn |
| Sep 28, 2024 | 702.00 Mn |
| Jun 29, 2024 | 112.00 Mn |
| Mar 30, 2024 | 336.00 Mn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 649.00 Mn |
| Jul 1, 2023 | 40.00 Mn |
| Apr 1, 2023 | -62.00 Mn |
| Dec 31, 2022 | 1.20 Bn |
| Oct 1, 2022 | 318.00 Mn |
| Jul 2, 2022 | -49.00 Mn |
| Apr 2, 2022 | 98.00 Mn |
| Dec 31, 2021 | 635.00 Mn |
API Access
Motorola Solutions Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "MSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();