Stock Analysis on Net

Motorola Solutions Inc. (NYSE:MSI)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 1, 2024.

Enterprise Value (EV)

Microsoft Excel

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Current Enterprise Value (EV)

Motorola Solutions Inc., current enterprise value calculation

Microsoft Excel
Current share price (P)
No. shares of common stock outstanding
US$ in millions
Common equity (market value)1
Add: Preferred stock, $100 par value; none issued and outstanding (per books)
Add: Noncontrolling interests (per books)
Total equity
Add: Current portion of long-term debt (per books)
Add: Long-term debt, excluding current portion (per books)
Total equity and debt
Less: Cash and cash equivalents
Enterprise value (EV)

Based on: 10-K (reporting date: 2023-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×


Historical Enterprise Value (EV)

Motorola Solutions Inc., EV calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Share price1, 2
No. shares of common stock outstanding1
US$ in millions
Common equity (market value)3
Add: Preferred stock, $100 par value; none issued and outstanding (book value)
Add: Noncontrolling interests (book value)
Total equity
Add: Current portion of long-term debt (book value)
Add: Long-term debt, excluding current portion (book value)
Total equity and debt
Less: Cash and cash equivalents
Enterprise value (EV)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Motorola Solutions Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×

The financial data indicates consistent growth in equity and enterprise valuation metrics over the five-year period from 2019 to 2023.

Common Equity (Market Value)
The common equity market value demonstrates a steady upward trend. Starting at approximately $31.5 billion in 2019, it slightly declined in 2020 but resumed growth in subsequent years, reaching about $53.8 billion by the end of 2023. This reflects increasing shareholder valuation or market capitalization over the period.
Total Equity
Total equity closely mirrors the common equity market value, indicating a similar trajectory. It starts at roughly $31.5 billion in 2019, dips marginally in 2020, and then grows consistently to approximately $53.8 billion in 2023. The parallel movement suggests that other components of equity have maintained proportional relationships with market-valued equity.
Total Equity and Debt
This combined metric shows a robust increase over the period, growing from about $36.6 billion in 2019 to roughly $59.8 billion in 2023. The growth rate is consistent, indicating an expansion in the company's capital structure possibly through increased debt or equity financing, or both. The increase in total capitalization complements the observed equity growth.
Enterprise Value (EV)
Enterprise value rises steadily from approximately $35.6 billion in 2019 to about $58.1 billion in 2023. The EV increase aligns closely with the rise in total equity and debt, suggesting an overall enhancement in the company's valuation from the market’s perspective. The progression indicates improved operational scale or profitability expectations factored into valuation.

Overall, the data reflects a pattern of growth in financial strength and market valuation. Despite a minor downturn in 2020, all key indicators resumed upward movement, culminating in significant increases by 2023. The consistent growth in equity, total capitalization, and enterprise value asserts positive momentum in the company’s financial position and market perception over the analyzed timeframe.