Motorola Solutions Inc (MSI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,512,000 | 4,970,000 | 4,229,000 | 4,040,000 | 3,608,000 |
| Revenue | US$ in thousands | 10,817,000 | 9,978,000 | 9,112,000 | 8,171,000 | 7,414,000 |
| Gross profit margin | 50.96% | 49.81% | 46.41% | 49.44% | 48.66% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,512,000K ÷ $10,817,000K
= 50.96%
Based on the provided data, the gross profit margin of Motorola Solutions Inc has shown some fluctuations over the years. The gross profit margin increased from 48.66% as of December 31, 2020, to 49.44% as of December 31, 2021. However, in the following year, there was a decrease to 46.41% as of December 31, 2022, before experiencing a significant rebound to 49.81% as of December 31, 2023. The trend continued upwards with a substantial improvement, reaching 50.96% as of December 31, 2024.
These fluctuations in the gross profit margin indicate changes in the company's efficiency in generating revenue from its core operations. A higher gross profit margin suggests that the company is effectively controlling its production costs and selling its products at a profitable price, which is generally viewed positively by investors and stakeholders. It is important for the company to continue monitoring and managing its cost structure to sustain or improve its gross profit margin over time.
Peer comparison
Dec 31, 2024