Motorola Solutions Inc (MSI)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,709,000 | 1,702,000 | 1,517,000 | 1,374,000 | 1,363,000 | 1,175,000 | 1,203,000 | 1,268,000 | 1,245,000 | 1,256,000 | 1,154,000 | 996,000 | 949,000 | 781,000 | 843,000 | 915,000 | 869,000 | 1,048,000 | 1,028,000 | 1,001,000 |
| 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 |
| Net profit margin | 17.49% | 17.67% | 16.07% | 14.96% | 15.37% | 13.82% | 14.59% | 15.70% | 15.68% | 15.81% | 14.99% | 13.55% | 13.03% | 10.57% | 11.25% | 11.87% | 11.37% | 13.94% | 13.76% | 13.41% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,709,000K ÷ $9,774,000K
= 17.49%
Motorola Solutions Inc's net profit margin has shown a relatively stable performance over the past eight quarters. The company's net profit margin ranged from 13.47% to 17.30% during this period. The highest net profit margin was observed in Q3 2023 at 17.30%, while the lowest was in Q3 2022 at 13.47%.
Overall, Motorola Solutions Inc has maintained healthy net profit margins above 14% in most quarters, indicating efficient cost management and profitability in generating net income relative to its revenue. The slight fluctuations seen in the net profit margin suggest potential variations in the company's operating efficiency and effectiveness in controlling expenses. Further analysis of the company's operating and financial activities may provide insights into the factors influencing these fluctuations and the sustainability of its profitability levels.
Peer comparison
Dec 31, 2023