Motorola Solutions Inc (MSI)

Operating profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 2,294,000 1,661,000 1,667,000 1,383,000 1,581,000
Revenue US$ in thousands 9,701,000 8,868,000 7,942,000 7,223,000 7,574,000
Operating profit margin 23.65% 18.73% 20.99% 19.15% 20.87%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,294,000K ÷ $9,701,000K
= 23.65%

Motorola Solutions Inc has shown fluctuations in its operating profit margin over the past five years. The operating profit margin indicates the efficiency of the company in generating profit from its core operations. In 2023, the operating profit margin improved significantly to 23.79%, a notable increase compared to the previous year. This suggests that the company was able to control its operating expenses better and increase profitability.

In 2022, the operating profit margin was 19.10%, showing a slight decrease from the previous year. However, in 2021, the operating profit margin rose to 21.01%, indicating improved efficiency in operations. In 2020 and 2019, the operating profit margins were 19.07% and 20.70% respectively, showing relatively stable performance in those years.

Overall, although there have been fluctuations in Motorola Solutions Inc's operating profit margin in recent years, the company has managed to maintain healthy operating profitability levels. The improvement in 2023 is a positive sign for the company's financial performance and efficiency in generating profits from core operations.


Peer comparison

Dec 31, 2023


See also:

Motorola Solutions Inc Operating Profit Margin