Motorola Solutions Inc (MSI)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,973,000 | 1,892,000 | 1,789,000 | 1,696,000 | 2,144,000 | 2,100,000 | 1,841,000 | 1,654,000 | 1,515,000 | 1,370,000 | 1,442,000 | 1,482,000 | 1,552,000 | 1,556,000 | 1,402,000 | 1,238,000 | 1,173,000 | 844,000 | 941,000 | 1,040,000 |
| Revenue (ttm) | US$ in thousands | 10,818,000 | 10,655,000 | 10,421,000 | 10,196,000 | 9,978,000 | 9,837,000 | 9,654,000 | 9,391,000 | 9,112,000 | 8,725,000 | 8,459,000 | 8,290,000 | 8,171,000 | 8,124,000 | 7,885,000 | 7,532,000 | 7,414,000 | 7,517,000 | 7,643,000 | 7,885,000 |
| Pretax margin | 18.24% | 17.76% | 17.17% | 16.63% | 21.49% | 21.35% | 19.07% | 17.61% | 16.63% | 15.70% | 17.05% | 17.88% | 18.99% | 19.15% | 17.78% | 16.44% | 15.82% | 11.23% | 12.31% | 13.19% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,973,000K ÷ $10,818,000K
= 18.24%
Motorola Solutions Inc's pretax margin has displayed some fluctuations over the periods under consideration. The pretax margin increased steadily from March 31, 2020, at 13.19% to a peak of 21.49% on December 31, 2023. However, there was a decline in the pretax margin in the subsequent periods, with a low of 15.70% on September 30, 2022.
It is noteworthy that the pretax margin improved again in the latter part of the data set, reaching 18.24% on December 31, 2024. Overall, the trend reveals some volatility in the pretax margin but shows a general positive trajectory with some periodic fluctuations. It is important for stakeholders to monitor these margins closely to assess the company's profitability and operational efficiency.
Peer comparison
Dec 31, 2024