By Helgi Library - April 2, 2020
Motorola Solutions made a net profit of USD 244 mil in 4Q2019, down 42.3% compared to the previous year. Total sales reached USD 2,3...
By Helgi Library - April 2, 2020
Motorola Solutions made a net profit of USD 244 mil in 4Q2019, down 42.3% compared to the previous year. Total sales reached USD 2,3...
By Helgi Library - October 12, 2020
Motorola Solutions's total assets reached USD 9,974 mil at the end of 4Q2019, up 12.3% compared to the previous year. ...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | USD mil | 6,380 | 7,343 | 7,887 |
| Gross Profit | USD mil | 3,024 | 3,499 | 4,041 |
| EBITDA | USD mil | 1,678 | 1,828 | 2,733 |
| EBIT | USD mil | 1,335 | 1,468 | 2,210 |
| Financing Cost | USD mil | 201 | 222 | 220 |
| Pre-Tax Profit | USD mil | 1,076 | 1,102 | 1,001 |
| Net Profit | USD mil | -155 | 966 | 868 |
| Dividends | USD mil | 337 | 379 | 379 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | USD mil | 8,208 | 9,409 | 10,642 |
| Non-Current Assets | USD mil | 4,258 | 5,137 | 6,464 |
| Current Assets | USD mil | 3,950 | 4,272 | 4,178 |
| Working Capital | USD mil | 1,257 | 1,057 | 1,241 |
| Shareholders' Equity | USD mil | -1,727 | -1,276 | -683 |
| Liabilities | USD mil | 9,935 | 10,685 | 11,325 |
| Total Debt | USD mil | 4,471 | 5,320 | 5,748 |
| Net Debt | USD mil | 3,266 | 4,074 | 4,747 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 11.6 | -64.3 | -88.6 |
| ROCE | % | -2.66 | 16.5 | 12.5 |
| Gross Margin | % | 47.4 | 47.7 | 51.2 |
| EBITDA Margin | % | 26.3 | 24.9 | 34.6 |
| EBIT Margin | % | 20.9 | 20.0 | 28.0 |
| Net Margin | % | -2.43 | 13.2 | 11.0 |
| Net Debt/EBITDA | 1.95 | 2.23 | 1.74 | |
| Net Debt/Equity | % | -1.89 | -3.19 | -6.95 |
| Cost of Financing | % | 4.53 | 4.53 | 3.98 |
| Valuation | 2017 | 2018 | 2019 | |
| Market Capitalisation | USD mil | 14,563 | 18,809 | 27,474 |
| Enterprise Value (EV) | USD mil | 17,829 | 22,883 | 32,221 |
| Number Of Shares | mil | 163 | 172 | 176 |
| Share Price | USD | 89.4 | 109 | 156 |
| EV/EBITDA | 10.6 | 12.5 | 11.8 | |
| EV/Sales | 2.79 | 3.12 | 4.09 | |
| Price/Earnings (P/E) | -94.0 | 19.5 | 31.7 | |
| Price/Book Value (P/BV) | -8.43 | -14.7 | -40.2 | |
| Dividend Yield | % | 2.31 | 2.01 | 1.38 |
Get all company financials in excel:
| summary | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||||||
| Sales | USD mil | 6,227 | 5,881 | 5,695 | 6,038 | 6,380 | ||||||||||||||||||||
| Gross Profit | USD mil | 3,125 | 2,831 | 2,719 | 2,869 | 3,024 | ||||||||||||||||||||
| EBIT | USD mil | 1,033 | 971 | 1,055 | 1,234 | 1,335 | ||||||||||||||||||||
| Net Profit | USD mil | 1,099 | 1,299 | 610 | 560 | -155 | ||||||||||||||||||||
| ROE | % | 31.5 | 40.2 | 45.7 | -107 | 11.6 | ||||||||||||||||||||
| EBIT Margin | % | 16.6 | 16.5 | 18.5 | 20.4 | 20.9 | ||||||||||||||||||||
| Net Margin | % | 17.6 | 22.1 | 10.7 | 9.27 | -2.43 | ||||||||||||||||||||
| Employees | 21,000 | 15,000 | 14,000 | 14,000 | 15,000 | |||||||||||||||||||||
| balance sheet | ||||||||||||||||||||||||||
| Total Assets | USD mil | 11,851 | 10,423 | 8,346 | 8,463 | 8,208 | ||||||||||||||||||||
| Non-Current Assets | USD mil | 4,831 | 3,544 | 3,727 | 4,995 | 4,258 | ||||||||||||||||||||
| Current Assets | USD mil | 7,020 | 6,879 | 4,619 | 3,468 | 3,950 | ||||||||||||||||||||
| Shareholders' Equity | USD mil | 3,689 | 2,766 | -96.0 | -952 | -1,727 | ||||||||||||||||||||
| Liabilities | USD mil | 8,162 | 7,657 | 8,442 | 9,415 | 9,935 | ||||||||||||||||||||
| Non-Current Liabilities | USD mil | 4,942 | 5,407 | 6,249 | 6,747 | 7,004 | ||||||||||||||||||||
| Current Liabilities | USD mil | 3,220 | 2,250 | 2,193 | 2,668 | 2,931 | ||||||||||||||||||||
| Net Debt/EBITDA | -0.641 | -0.484 | 1.60 | 2.21 | 1.95 | |||||||||||||||||||||
| Net Debt/Equity | % | -0.207 | -0.200 | -20.1 | -3.55 | -1.89 | ||||||||||||||||||||
| Cost of Financing | % | ... | 5.23 | 4.30 | 4.47 | 4.69 | 4.53 | |||||||||||||||||||
| cash flow | ||||||||||||||||||||||||||
| Total Cash From Operations | USD mil | 555 | -637 | 1,021 | 1,165 | 1,346 | ||||||||||||||||||||
| Total Cash From Investing | USD mil | 2,034 | 3,208 | -528 | -1,002 | -448 | ||||||||||||||||||||
| Total Cash From Financing | USD mil | -842 | -1,763 | -2,398 | -1,042 | -722 | ||||||||||||||||||||
| Net Change In Cash | USD mil | 1,747 | 808 | -1,905 | -879 | 176 | ||||||||||||||||||||
| valuation | ||||||||||||||||||||||||||
| Market Capitalisation | USD mil | 17,179 | 14,744 | 11,931 | 13,652 | 14,563 | ||||||||||||||||||||
| Number Of Shares | mil | 271 | 246 | 202 | 173 | 163 | ||||||||||||||||||||
| Share Price | USD | 63.5 | 60.0 | 59.1 | 78.9 | 89.4 | ||||||||||||||||||||
| Earnings Per Share (EPS) | USD | 4.06 | 5.29 | 3.02 | 3.24 | -0.952 | ||||||||||||||||||||
| Book Value Per Share | USD | 13.6 | 11.3 | -0.476 | -5.50 | -10.6 | ||||||||||||||||||||
| Dividend Per Share | USD | 1.18 | 1.13 | 1.39 | 1.77 | 2.07 | ||||||||||||||||||||
| Price/Earnings (P/E) | 15.6 | 11.4 | 19.6 | 24.4 | -94.0 | |||||||||||||||||||||
| Price/Book Value (P/BV) | 4.66 | 5.33 | -124 | -14.3 | -8.43 | |||||||||||||||||||||
| Dividend Yield | % | 1.85 | 1.88 | 2.35 | 2.25 | 2.31 | ||||||||||||||||||||
| Earnings Per Share Growth | % | ... | 37.1 | 30.2 | -42.8 | 7.02 | -129 | |||||||||||||||||||
| Book Value Per Share Growth | % | ... | 23.3 | -17.4 | -104 | 1,056 | 92.8 |
| income statement | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||||||
| Sales | USD mil | 6,227 | 5,881 | 5,695 | 6,038 | 6,380 | ||||||||||||||||||||
| Cost of Goods & Services | USD mil | 3,102 | 3,050 | 2,976 | 3,169 | 3,356 | ||||||||||||||||||||
| Gross Profit | USD mil | 3,125 | 2,831 | 2,719 | 2,869 | 3,024 | ||||||||||||||||||||
| EBITDA | USD mil | 1,191 | 1,144 | 1,205 | 1,529 | 1,678 | ||||||||||||||||||||
| Depreciation | USD mil | 157 | 169 | 142 | 182 | 192 | ||||||||||||||||||||
| EBIT | USD mil | 1,033 | 971 | 1,055 | 1,234 | 1,335 | ||||||||||||||||||||
| Financing Cost | USD mil | 113 | 126 | 173 | 205 | 201 | ||||||||||||||||||||
| Extraordinary Cost | USD mil | 40.0 | 2,006 | -35.0 | 185 | 58.0 | ||||||||||||||||||||
| Pre-Tax Profit | USD mil | 880 | -1,161 | 917 | 844 | 1,076 | ||||||||||||||||||||
| Tax | USD mil | -59.0 | -465 | 274 | 282 | 1,227 | ||||||||||||||||||||
| Minorities | USD mil | ... | ... | ... | ... | ... | 6.00 | 1.00 | 3.00 | 2.00 | 4.00 | |||||||||||||||
| Net Profit | USD mil | 1,099 | 1,299 | 610 | 560 | -155 | ||||||||||||||||||||
| Dividends | USD mil | 318 | 277 | 280 | 307 | 337 | ||||||||||||||||||||
| growth rates | ||||||||||||||||||||||||||
| Total Revenue Growth | % | ... | -28.4 | -5.56 | -3.16 | 6.02 | 5.66 | |||||||||||||||||||
| EBITDA Growth | % | ... | -20.5 | -3.95 | 5.33 | 26.9 | 9.74 | |||||||||||||||||||
| EBIT Growth | % | ... | -19.9 | -6.00 | 8.65 | 17.0 | 8.18 | |||||||||||||||||||
| Pre-Tax Profit Growth | % | ... | -27.6 | -232 | -179 | -7.96 | 27.5 | |||||||||||||||||||
| Net Profit Growth | % | ... | 24.7 | 18.2 | -53.0 | -8.20 | -128 | |||||||||||||||||||
| ratios | ||||||||||||||||||||||||||
| ROE | % | 31.5 | 40.2 | 45.7 | -107 | 11.6 | ||||||||||||||||||||
| ROCE | % | ... | 17.0 | 24.2 | 12.7 | 10.2 | -2.66 | |||||||||||||||||||
| Gross Margin | % | 50.2 | 48.1 | 47.7 | 47.5 | 47.4 | ||||||||||||||||||||
| EBITDA Margin | % | 19.1 | 19.5 | 21.2 | 25.3 | 26.3 | ||||||||||||||||||||
| EBIT Margin | % | 16.6 | 16.5 | 18.5 | 20.4 | 20.9 | ||||||||||||||||||||
| Net Margin | % | 17.6 | 22.1 | 10.7 | 9.27 | -2.43 | ||||||||||||||||||||
| Payout Ratio | % | 28.9 | 21.3 | 45.9 | 54.8 | -217 | ||||||||||||||||||||
| Cost of Financing | % | ... | 5.23 | 4.30 | 4.47 | 4.69 | 4.53 | |||||||||||||||||||
| Net Debt/EBITDA | -0.641 | -0.484 | 1.60 | 2.21 | 1.95 |
| balance sheet | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | ||||||||||||||||||||||||||
| Non-Current Assets | USD mil | 4,831 | 3,544 | 3,727 | 4,995 | 4,258 | ||||||||||||||||||||
| Property, Plant & Equipment | USD mil | 610 | 549 | 487 | 789 | 856 | ||||||||||||||||||||
| Intangible Assets | USD mil | ... | ... | ... | ... | ... | ... | ... | 367 | 406 | 469 | 1,549 | 1,799 | |||||||||||||
| Goodwill | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | 361 | 383 | 420 | 728 | 938 | ||||||||||||
| Current Assets | USD mil | 7,020 | 6,879 | 4,619 | 3,468 | 3,950 | ||||||||||||||||||||
| Inventories | USD mil | 347 | 345 | 296 | 273 | 327 | ||||||||||||||||||||
| Receivables | USD mil | 1,369 | 1,409 | 1,362 | 1,410 | 1,523 | ||||||||||||||||||||
| Cash & Cash Equivalents | USD mil | 3,225 | 3,954 | 2,418 | 1,013 | 1,205 | ||||||||||||||||||||
| Total Assets | USD mil | 11,851 | 10,423 | 8,346 | 8,463 | 8,208 | ||||||||||||||||||||
| Shareholders' Equity | USD mil | 3,689 | 2,766 | -96.0 | -952 | -1,727 | ||||||||||||||||||||
| Of Which Minority Interest | USD mil | ... | ... | ... | ... | ... | 30.0 | 31.0 | 10.0 | 12.0 | 15.0 | |||||||||||||||
| Liabilities | USD mil | 8,162 | 7,657 | 8,442 | 9,415 | 9,935 | ||||||||||||||||||||
| Non-Current Liabilities | USD mil | 4,942 | 5,407 | 6,249 | 6,747 | 7,004 | ||||||||||||||||||||
| Long-Term Debt | USD mil | 2,457 | 3,396 | 4,345 | 4,392 | 4,419 | ||||||||||||||||||||
| Current Liabilities | USD mil | 3,220 | 2,250 | 2,193 | 2,668 | 2,931 | ||||||||||||||||||||
| Short-Term Debt | USD mil | 4.00 | 4.00 | 4.00 | 4.00 | 52.0 | ||||||||||||||||||||
| Trade Payables | USD mil | 583 | 540 | 518 | 553 | 593 | ||||||||||||||||||||
| Equity And Liabilities | USD mil | 11,851 | 10,423 | 8,346 | 8,463 | 8,208 | ||||||||||||||||||||
| growth rates | ||||||||||||||||||||||||||
| Total Asset Growth | % | ... | -6.53 | -12.0 | -19.9 | 1.40 | -3.01 | |||||||||||||||||||
| Shareholders' Equity Growth | % | ... | 12.1 | -25.0 | -103 | 892 | 81.4 | |||||||||||||||||||
| Net Debt Growth | % | ... | -56.1 | -27.5 | -449 | 75.2 | -3.46 | |||||||||||||||||||
| Total Debt Growth | % | ... | 32.1 | 38.2 | 27.9 | 1.08 | 1.71 | |||||||||||||||||||
| ratios | ||||||||||||||||||||||||||
| Total Debt | USD mil | 2,461 | 3,400 | 4,349 | 4,396 | 4,471 | ||||||||||||||||||||
| Net Debt | USD mil | -764 | -554 | 1,931 | 3,383 | 3,266 | ||||||||||||||||||||
| Working Capital | USD mil | 1,133 | 1,214 | 1,140 | 1,130 | 1,257 | ||||||||||||||||||||
| Capital Employed | USD mil | 5,964 | 4,758 | 4,867 | 6,125 | 5,515 | ||||||||||||||||||||
| Net Debt/Equity | % | -0.207 | -0.200 | -20.1 | -3.55 | -1.89 | ||||||||||||||||||||
| Cost of Financing | % | ... | 5.23 | 4.30 | 4.47 | 4.69 | 4.53 |
| cash flow | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | ||||||||||||||||||||||||||
| Net Profit | USD mil | 1,099 | 1,299 | 610 | 560 | -155 | ||||||||||||||||||||
| Depreciation | USD mil | 157 | 169 | 142 | 182 | 192 | ||||||||||||||||||||
| Non-Cash Items | USD mil | ... | -1,257 | -2,024 | 195 | 413 | 1,436 | |||||||||||||||||||
| Change in Working Capital | USD mil | ... | 556 | -81.0 | 74.0 | 10.0 | -127 | |||||||||||||||||||
| Total Cash From Operations | USD mil | 555 | -637 | 1,021 | 1,165 | 1,346 | ||||||||||||||||||||
| Capital Expenditures | USD mil | -103 | -148 | -172 | -198 | -227 | ||||||||||||||||||||
| Other Investments | USD mil | 2,137 | 3,356 | -356 | -804 | -221 | ||||||||||||||||||||
| Total Cash From Investing | USD mil | 2,034 | 3,208 | -528 | -1,002 | -448 | ||||||||||||||||||||
| Dividends Paid | USD mil | -292 | -318 | -277 | -280 | -307 | ||||||||||||||||||||
| Issuance Of Shares | USD mil | -1,504 | -2,448 | -3,088 | -749 | -401 | ||||||||||||||||||||
| Issuance Of Debt | USD mil | 954 | 1,003 | 967 | -13.0 | -14.0 | ||||||||||||||||||||
| Total Cash From Financing | USD mil | -842 | -1,763 | -2,398 | -1,042 | -722 | ||||||||||||||||||||
| Net Change In Cash | USD mil | 1,747 | 808 | -1,905 | -879 | 176 | ||||||||||||||||||||
| ratios | ||||||||||||||||||||||||||
| Days Sales Outstanding | days | 80.2 | 87.4 | 87.3 | 85.2 | 87.1 | ||||||||||||||||||||
| Days Sales Of Inventory | days | 40.8 | 41.3 | 36.3 | 31.4 | 35.6 | ||||||||||||||||||||
| Days Payable Outstanding | days | 68.6 | 64.6 | 63.5 | 63.7 | 64.5 | ||||||||||||||||||||
| Cash Conversion Cycle | days | 52.5 | 64.1 | 60.1 | 53.0 | 58.2 | ||||||||||||||||||||
| Cash Earnings | USD mil | 1,256 | 1,468 | 752 | 742 | 37.0 | ||||||||||||||||||||
| Cash Earnings Per Share | USD | 4.64 | 5.98 | 3.73 | 4.29 | 0.227 | ||||||||||||||||||||
| Price/Cash Earnings (P/CE) | 13.7 | 10.0 | 15.9 | 18.4 | 394 | |||||||||||||||||||||
| Free Cash Flow | USD mil | 2,589 | 2,571 | 493 | 163 | 898 | ||||||||||||||||||||
| Free Cash Flow Yield | % | 15.1 | 17.4 | 4.13 | 1.19 | 6.17 |
| other data | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| other data | ||||||||||||||||||||||||||
| ROA | % | 8.96 | 11.7 | 6.50 | 6.66 | -1.86 | ||||||||||||||||||||
| Gross Margin | % | 50.2 | 48.1 | 47.7 | 47.5 | 47.4 | ||||||||||||||||||||
| Effective Tax Rate | % | -6.70 | 40.1 | 29.9 | 33.4 | 114 | ||||||||||||||||||||
| Enterprise Value (EV) | USD mil | 16,415 | 14,190 | 13,862 | 17,035 | 17,829 | ||||||||||||||||||||
| EV/EBITDA | 13.8 | 12.4 | 11.5 | 11.1 | 10.6 | |||||||||||||||||||||
| EV/Capital Employed | 2.75 | 2.98 | 2.85 | 2.78 | 3.23 | |||||||||||||||||||||
| EV/Sales | 2.64 | 2.41 | 2.43 | 2.82 | 2.79 | |||||||||||||||||||||
| EV/EBIT | 15.9 | 14.6 | 13.1 | 13.8 | 13.4 | |||||||||||||||||||||
| Capital Expenditures (As % of Sales) | % | 1.65 | 2.52 | 3.02 | 3.28 | 3.56 |
Get all company financials in excel:
By Helgi Library - October 12, 2020
Motorola Solutions's total assets reached USD 9,974 mil at the end of 4Q2019, up 12.3% compared to the previous year. Current assets amounted to USD 3,831 mil, or 38.4% of total assets while cash stood at USD 953 mil at the end of 4Q2019. ...
By Helgi Library - April 2, 2020
Motorola Solutions's total assets reached USD 10,642 mil at the end of 2019, up 13.1% compared to the previous year. Current assets amounted to USD 4,178 mil, or 39.3% of total assets while cash stood at USD 1,001 mil at the end of 2019. ...
By Helgi Library - April 2, 2020
Motorola Solutions's total assets reached USD 10,642 mil at the end of 2019, up 13.1% compared to the previous year. Current assets amounted to USD 4,178 mil, or 39.3% of total assets while cash stood at USD 1,001 mil at the end of 2019. ...
Motorola Solutions has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 19% a year during that time to total of USD 2,733 mil in 2019, or 34.6% of sales. That’s compared to 26.5% average margin seen in last five years.
The company netted USD 868 mil in 2019 implying ROE of -88.6% and ROCE of 12.5%. Again, the average figures were -40.5% and 9.84%, respectively when looking at the previous 5 years.
Motorola Solutions’s net debt amounted to USD 4,747 mil at the end of 2019, or -6.95% of equity. When compared to EBITDA, net debt was 1.74x, down when compared to average of 1.95x seen in the last 5 years.
Motorola Solutions stock traded at USD 156 per share at the end of 2019 resulting in a market capitalization of USD 27,474 mil. Over the previous five years, stock price grew by 161% or 21.1% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 11.8x and price to earnings (PE) of 31.7x as of 2019.
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