MSI (Motorola Solutions) ROCE % : 30.66% (As of Jun. 2024)

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What is Motorola Solutions ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Motorola Solutions's annualized ROCE % for the quarter that ended in Jun. 2024 was 30.66%.

Motorola Solutions ROCE % Historical Data

The historical data trend for Motorola Solutions's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Motorola Solutions ROCE % Chart

Motorola Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.32

19.29

22.78

21.43

30.21

Motorola Solutions Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															26.08	33.00	43.02	-1.42	30.66

Motorola Solutions ROCE % Calculation

Motorola Solutions's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	2395	/	( ( (12814 - 4560)	+	(13336 - 5736) )	/ 2 )
	=	2395	/	( (8254	+	7600)	/ 2 )
	=	2395	/	7927
	=	30.21 %

Motorola Solutions's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	2668	/	( ( (13326 - 4626)	+	(13345 - 4644) )	/ 2 )
	=	2668	/	( ( 8700	+	8701 )	/ 2 )
	=	2668	/	8700.5
	=	30.66 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Motorola Solutions (NYSE:MSI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Motorola Solutions ROCE % Related Terms

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Motorola Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Motorola Solutions Inc (NYSE:MSI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1MSI:Italy 0K3H:UK MTLA:Germany MTLA:Germany M1SI34:Brazil MOSI:Austria MSI:Argentina

Address

500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661

Website

https://www.motorolasolutions.com

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Executives

Cynthia Yazdi	officer: SVP, Communications & Brand	500 WEST MONROE STREET, CHICAGO IL 60661
Gregory Q Brown	director, officer: Chairman and CEO	500 WEST MONROE ST., CHICAGO IL 60661
Jason J Winkler	officer: EVP and CFO	500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara	officer: SVP, GENERAL COUNSEL	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
John P Molloy	officer: EVP and COO	500 WEST MONROE ST., CHICAGO IL 60661
Rajan Naik	officer: SVP, Strategy & Ventures	500 WEST MONROE STREET, CHICAGO IL 60661
Kenneth D Denman	director
Karen E Dunning	officer: SVP, Human Resources	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher	officer: CVP and CAO	500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker	officer: EVP, GC & Chief Admin Officer	500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci	director	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones	director	400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Judy C Lewent	director	PO BOX 100, WHITEHOUSE STATION NJ 08889
Ayanna Howard	director	111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi	officer: EVP and CTO	500 WEST MONROE ST., CHICAGO IL 60661