Motorola Solutions Inc (MSI)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	4,970,000	4,866,000	4,617,000	4,418,000	4,229,000	4,061,000	4,075,000	4,037,000	4,040,000	4,003,000	3,867,000	3,681,000	3,608,000	3,682,000	3,780,000	3,945,000	3,931,000	3,799,000	3,693,000	3,584,000
Revenue (ttm)	US$ in thousands	9,774,000	9,633,000	9,442,000	9,183,000	8,868,000	8,500,000	8,243,000	8,074,000	7,942,000	7,944,000	7,699,000	7,352,000	7,282,000	7,386,000	7,496,000	7,707,000	7,641,000	7,518,000	7,469,000	7,464,000
Gross profit margin		50.85%	50.51%	48.90%	48.11%	47.69%	47.78%	49.44%	50.00%	50.87%	50.39%	50.23%	50.07%	49.55%	49.85%	50.43%	51.19%	51.45%	50.53%	49.44%	48.02%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,970,000K ÷ $9,774,000K
= 50.85%

Motorola Solutions Inc's gross profit margin has shown a generally positive trend over the past eight quarters. The margin has been consistently above 45%, indicating the company's ability to effectively manage its production costs and generate profit from its sales. The highest gross profit margin was recorded in Q4 2023 at 49.81%, reflecting strong profitability during that period. Overall, the company has demonstrated stability and improvement in its gross profit margin performance, suggesting efficient operations and potentially favorable financial health.