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Side-by-side financial comparison of Expeditors International (EXPD) and Motorola Solutions (MSI). Click either name above to swap in a different company.

Motorola Solutions is the larger business by last-quarter revenue ($3.4B vs $2.9B, roughly 1.2× Expeditors International). Motorola Solutions runs the higher net margin — 19.2% vs 7.0%, a 12.2% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (12.3% vs -3.3%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $270.3M). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 13.8%).

Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc.

EXPD vs MSI — Head-to-Head

Bigger by revenue
MSI
MSI
1.2× larger
MSI
$3.4B
$2.9B
EXPD
Growing faster (revenue YoY)
MSI
MSI
+15.6% gap
MSI
12.3%
-3.3%
EXPD
Higher net margin
MSI
MSI
12.2% more per $
MSI
19.2%
7.0%
EXPD
More free cash flow
MSI
MSI
$871.7M more FCF
MSI
$1.1B
$270.3M
EXPD
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
13.8%
EXPD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXPD
EXPD
MSI
MSI
Revenue
$2.9B
$3.4B
Net Profit
$200.7M
$649.0M
Gross Margin
52.3%
Operating Margin
8.8%
27.9%
Net Margin
7.0%
19.2%
Revenue YoY
-3.3%
12.3%
Net Profit YoY
-14.9%
6.2%
EPS (diluted)
$1.50
$3.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXPD
EXPD
MSI
MSI
Q4 25
$2.9B
$3.4B
Q3 25
$2.9B
$3.0B
Q2 25
$2.7B
$2.8B
Q1 25
$2.7B
$2.5B
Q4 24
$3.0B
$3.0B
Q3 24
$3.0B
$2.8B
Q2 24
$2.4B
$2.6B
Q1 24
$2.2B
$2.4B
Net Profit
EXPD
EXPD
MSI
MSI
Q4 25
$200.7M
$649.0M
Q3 25
$222.3M
$562.0M
Q2 25
$183.6M
$513.0M
Q1 25
$203.8M
$430.0M
Q4 24
$235.9M
$611.0M
Q3 24
$229.6M
$562.0M
Q2 24
$175.5M
$443.0M
Q1 24
$169.2M
$-39.0M
Gross Margin
EXPD
EXPD
MSI
MSI
Q4 25
52.3%
Q3 25
51.6%
Q2 25
51.1%
Q1 25
51.4%
Q4 24
51.4%
Q3 24
51.4%
Q2 24
51.0%
Q1 24
49.9%
Operating Margin
EXPD
EXPD
MSI
MSI
Q4 25
8.8%
27.9%
Q3 25
10.0%
25.6%
Q2 25
9.3%
25.0%
Q1 25
10.0%
23.0%
Q4 24
10.2%
27.0%
Q3 24
10.1%
25.5%
Q2 24
9.2%
24.5%
Q1 24
9.7%
21.7%
Net Margin
EXPD
EXPD
MSI
MSI
Q4 25
7.0%
19.2%
Q3 25
7.7%
18.7%
Q2 25
6.9%
18.6%
Q1 25
7.6%
17.0%
Q4 24
8.0%
20.3%
Q3 24
7.7%
20.1%
Q2 24
7.2%
16.9%
Q1 24
7.7%
-1.6%
EPS (diluted)
EXPD
EXPD
MSI
MSI
Q4 25
$1.50
$3.85
Q3 25
$1.64
$3.33
Q2 25
$1.34
$3.04
Q1 25
$1.47
$2.53
Q4 24
$1.68
$3.57
Q3 24
$1.63
$3.29
Q2 24
$1.24
$2.60
Q1 24
$1.17
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPD
EXPD
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$1.3B
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$2.4B
Total Assets
$4.9B
$19.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPD
EXPD
MSI
MSI
Q4 25
$1.3B
$1.2B
Q3 25
$1.2B
$894.0M
Q2 25
$1.2B
$3.2B
Q1 25
$1.3B
$1.6B
Q4 24
$1.1B
$2.1B
Q3 24
$1.3B
$1.4B
Q2 24
$1.3B
$1.4B
Q1 24
$1.4B
$1.5B
Stockholders' Equity
EXPD
EXPD
MSI
MSI
Q4 25
$2.4B
$2.4B
Q3 25
$2.3B
$2.3B
Q2 25
$2.2B
$2.0B
Q1 25
$2.3B
$1.6B
Q4 24
$2.2B
$1.7B
Q3 24
$2.4B
$1.3B
Q2 24
$2.2B
$802.0M
Q1 24
$2.2B
$521.0M
Total Assets
EXPD
EXPD
MSI
MSI
Q4 25
$4.9B
$19.4B
Q3 25
$4.8B
$18.8B
Q2 25
$4.8B
$16.4B
Q1 25
$4.8B
$14.4B
Q4 24
$4.8B
$14.6B
Q3 24
$5.2B
$13.9B
Q2 24
$4.8B
$13.3B
Q1 24
$4.5B
$13.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPD
EXPD
MSI
MSI
Operating Cash FlowLast quarter
$283.3M
$1.3B
Free Cash FlowOCF − Capex
$270.3M
$1.1B
FCF MarginFCF / Revenue
9.5%
33.8%
Capex IntensityCapex / Revenue
0.5%
3.4%
Cash ConversionOCF / Net Profit
1.41×
1.94×
TTM Free Cash FlowTrailing 4 quarters
$953.4M
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPD
EXPD
MSI
MSI
Q4 25
$283.3M
$1.3B
Q3 25
$201.4M
$798.0M
Q2 25
$179.2M
$273.0M
Q1 25
$342.6M
$510.0M
Q4 24
$249.7M
$1.1B
Q3 24
$90.0M
$759.0M
Q2 24
$126.8M
$180.0M
Q1 24
$256.9M
$382.0M
Free Cash Flow
EXPD
EXPD
MSI
MSI
Q4 25
$270.3M
$1.1B
Q3 25
$190.3M
$732.0M
Q2 25
$163.3M
$225.0M
Q1 25
$329.5M
$473.0M
Q4 24
$239.7M
$984.0M
Q3 24
$77.7M
$702.0M
Q2 24
$118.8M
$112.0M
Q1 24
$246.7M
$336.0M
FCF Margin
EXPD
EXPD
MSI
MSI
Q4 25
9.5%
33.8%
Q3 25
6.6%
24.3%
Q2 25
6.2%
8.1%
Q1 25
12.4%
18.7%
Q4 24
8.1%
32.7%
Q3 24
2.6%
25.2%
Q2 24
4.9%
4.3%
Q1 24
11.2%
14.1%
Capex Intensity
EXPD
EXPD
MSI
MSI
Q4 25
0.5%
3.4%
Q3 25
0.4%
2.2%
Q2 25
0.6%
1.7%
Q1 25
0.5%
1.5%
Q4 24
0.3%
2.9%
Q3 24
0.4%
2.0%
Q2 24
0.3%
2.6%
Q1 24
0.5%
1.9%
Cash Conversion
EXPD
EXPD
MSI
MSI
Q4 25
1.41×
1.94×
Q3 25
0.91×
1.42×
Q2 25
0.98×
0.53×
Q1 25
1.68×
1.19×
Q4 24
1.06×
1.75×
Q3 24
0.39×
1.35×
Q2 24
0.72×
0.41×
Q1 24
1.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPD
EXPD

Customs Brokerage And Other Services$1.1B40%
Airfreight Services$1.1B39%
Ocean Freight And Ocean Services$611.4M21%

MSI
MSI

Product And Systems Integration Segment$1.5B45%
Services And Software Segment$833.0M25%
Sales Channel Through Intermediary$772.0M23%
Command Center Software$258.0M8%

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