Motorola Solutions (MSI) Goodwill (2009 - 2026)
Motorola Solutions' Goodwill was $7.67 billion in Q3 2026, up 13.1% from $6.78 billion a year earlier and up 11.4% from the prior quarter.
Analysis
Motorola Solutions (MSI) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Goodwill at Motorola Solutions came in at $6.8 billion, up 92.9% from FY2024.
- Goodwill has now increased for 12 consecutive years, with a five-year compound annual growth rate of 25.1% (FY2020 to FY2025).
- In earlier years, Goodwill was $3.53 billion in FY2024 (+3.7%), $3.4 billion in FY2023 (+2.7%), $3.31 billion in FY2022 (+29.1%) and $2.57 billion in FY2021 (+15.6%).
- The Q3 2026 figure marks the highest quarterly Goodwill in data going back to Q2 2009.
- Compared with a year earlier, Goodwill has increased for 46 straight quarters, with growth averaging 48.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Goodwill ranged from 2.7% (Q4 2023) to 92.9% (Q4 2025).
- Per Business Quant data, MSI's Goodwill in the three quarters before Q3 2026 was $6.88 billion (Q2 2026), $6.89 billion (Q1 2026) and $6.8 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 334.86 Bn | 293.38 Bn | 5.02 Bn |
| 2 | Rtx | 256.39 Bn | 224.66 Bn | 5.81 Bn |
| 3 | Boeing | 137.52 Bn | 46.48 Bn | 2.17 Bn |
| 4 | Lockheed Martin | 130.55 Bn | 114.79 Bn | 2.44 Bn |
| 5 | General Dynamics | 95.65 Bn | 80.88 Bn | 2.25 Bn |
| 6 | Motorola Solutions | 85.05 Bn | 81.51 Bn | 1.77 Bn |
| 7 | Howmet Aerospace | 81.91 Bn | 77.67 Bn | 1.00 Bn |
| 8 | Northrop Grumman | 74.74 Bn | 62.20 Bn | 2.35 Bn |
| 9 | Honeywell International | 69.91 Bn | 29.43 Bn | 2.02 Bn |
| 10 | TransDigm | 68.72 Bn | 56.73 Bn | 1.63 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 3, 2026 | 7.67 Bn |
| Jul 4, 2026 | 6.88 Bn |
| Apr 4, 2026 | 6.89 Bn |
| Dec 31, 2025 | 6.80 Bn |
| Sep 27, 2025 | 6.78 Bn |
| Jun 28, 2025 | 3.84 Bn |
| Mar 29, 2025 | 3.84 Bn |
| Dec 31, 2024 | 3.53 Bn |
| Sep 28, 2024 | 3.52 Bn |
| Jun 29, 2024 | 3.40 Bn |
| Mar 30, 2024 | 3.41 Bn |
| Dec 31, 2023 | 3.40 Bn |
| Sep 30, 2023 | 3.28 Bn |
| Jul 1, 2023 | 3.30 Bn |
| Apr 1, 2023 | 3.29 Bn |
| Dec 31, 2022 | 3.31 Bn |
| Oct 1, 2022 | 2.85 Bn |
| Jul 2, 2022 | 2.87 Bn |
| Apr 2, 2022 | 2.86 Bn |
| Dec 31, 2021 | 2.57 Bn |
API Access
Motorola Solutions Goodwill 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=goodwill&ticker=MSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=MSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();