Buyback yield (TTM)
1.30%
Shareholder yield (TTM)
2.33%
5Y share count change
-3.4%
Buyback spend (TTM)
$947.00M
Cumulative buybacks
$24.79B
Key takeaways
- Motorola Solutions (MSI) repurchased about $947.00M of stock over the trailing twelve months.
- Diluted share count is down 3.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 2.90× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +13.5% per year over the latest 5-year window.
- TTM repurchases used about 54% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Motorola Solutions (MSI)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Motorola Solutions (MSI)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Motorola Solutions (MSI)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Motorola Solutions (MSI)
Latest: $1.15B
Overview
Motorola Solutions (MSI) most recent annual buyback spend stands at $1.15B (2025) – surged 367.2% year-over-year.
Motorola Solutions buyback spend has grown on net over the period, with a +13.5% compound annual growth rate over 2020–2025 (5 years).
Motorola Solutions buyback spend peaked at $3.83B in 2006; the latest annual figure is $1.15B in 2025 (69.8% below peak).
2006 marks the peak buyback spend at $3.83B, with the historical low of $0.00 recorded in 1989.
Motorola Solutions Buyback Spend 2025: $1.15B
Motorola Solutions posted buyback spend of $1.15B in 2025, surged 367.2% from 2024.
Motorola Solutions Buyback Spend 2024: $247.00M
In 2024, Motorola Solutions reported buyback spend of $247.00M, plunged 69.3% below 2023.
Motorola Solutions Buyback Spend 2023: $804.00M
Motorola Solutions buyback spend in 2023 was $804.00M, edged down 3.8% below 2022.
Motorola Solutions Buyback Spend 2022: $836.00M
2022's buyback spend for Motorola Solutions came in at $836.00M, surged 58.3% from 2021.
Motorola Solutions Buyback Spend 2021: $528.00M
Motorola Solutions buyback spend in 2021 was $528.00M.
See more financial history for Motorola Solutions (MSI).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.15B | $293.00M | $861.00M | 1.81% | 0.17B | -1.6% | |
| 2024 | $247.00M | $243.00M | $4.00M | 0.32% | 0.17B | -0.8% | |
| 2023 | $804.00M | $212.00M | $592.00M | 1.55% | 0.17B | +0.1% | |
| 2022 | $836.00M | $172.00M | $664.00M | 1.94% | 0.17B | -1.0% | |
| 2021 | $528.00M | $129.00M | $399.00M | 1.15% | 0.17B | -0.3% | |
| 2020 | $612.00M | $129.00M | $483.00M | 2.12% | 0.17B | -0.9% | |
| 2019 | $315.00M | $118.00M | $197.00M | 1.15% | 0.18B | +2.1% | |
| 2018 | $132.00M | $73.00M | $59.00M | 0.70% | 0.17B | +5.6% | |
| 2017 | $483.00M | $66.00M | $417.00M | 3.31% | 0.16B | -5.9% | |
| 2016 | $842.00M | $68.00M | $774.00M | 6.14% | 0.17B | -14.2% | |
| 2015 | $3.18B | $78.00M | $3.10B | 26.54% | 0.20B | -17.8% | |
| 2014 | $2.55B | $94.00M | $2.45B | 16.47% | 0.25B | -9.2% | |
| 2013 | $1.69B | $153.00M | $1.54B | 9.75% | 0.27B | -9.0% | |
| 2012 | $2.44B | $184.00M | $2.25B | 15.68% | 0.30B | -12.5% | |
| 2011 | $1.11B | $168.00M | $942.00M | 7.42% | 0.34B | +0.5% | |
| 2010 | $0.00 | $273.00M | −$273.00M | — | 0.34B | +3.1% | |
| 2009 | $0.00 | $296.00M | −$296.00M | — | 0.33B | +1.3% | |
| 2008 | $138.00M | $280.00M | −$142.00M | 2.40% | 0.32B | -2.0% | |
| 2007 | $3.04B | $315.00M | $2.72B | 14.69% | 0.33B | -7.6% | |
| 2006 | $3.83B | $276.00M | $3.55B | 13.73% | 0.36B | -0.9% | |
| 2005 | $874.00M | $0.00 | $874.00M | 2.71% | 0.36B | +2.2% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.35B | +5.1% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.34B | +3.0% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.33B | +3.1% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.32B | -1.9% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.32B | +2.5% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.31B | +6.3% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.30B | +14.1% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.26B | -0.9% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.26B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$1.15B
- 2024$247.00M
- 2023$804.00M
- 2022$836.00M
- 2021$528.00M
- 2020$612.00M
- 2019$315.00M
- 2018$132.00M
- 2017$483.00M
- 2016$842.00M
- 2015$3.18B
- 2014$2.55B
- 2013$1.69B
- 2012$2.44B
- 2011$1.11B
- 2010$0.00
- 2009$0.00
- 2008$138.00M
- 2007$3.04B
- 2006$3.83B
- 2005$874.00M
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
- 1989$0.00
Buybacks vs stock-based compensation for Motorola Solutions (MSI)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 2.90×.
Buybacks vs dividends (share of cash returned) for Motorola Solutions (MSI)
How Motorola Solutions splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Motorola Solutions, ranked by their latest buyback spend.
| $90.71B | |
| $40.09B | |
| $18.42B | |
| $6.65B | |
| $6.31B | |
| $1.32B | |
| $0.00 | |
| $0.00 |
- $90.71B
- $40.09B
- $18.42B
- $6.65B
- $6.31B
- $1.32B
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.74B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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